ā€ŽšŸ“‰ Market Overview

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ā€Ž- *Total Market Cap*: Approximately 3.97 trillion, down 4.8

ā€Ž- *Market Sentiment*: Bearish, with 92 of the top 100 coins in the red.

ā€Ž- *Key Factors*:

ā€Ž - Federal Reserve maintained interest rates at 4.25

ā€Ž - Concerns over potential overvaluation in the crypto market.

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ā€ŽšŸ” Top Coins Performance

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ā€Ž*Bitcoin #BTC

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ā€Ž- *Price*: Approximately118,000

ā€Ž- *24h Change*: āˆ’0.6%

ā€Ž- *Technical Analysis*:

ā€Ž - *Resistance*: 120,000

ā€Ž - *Support*:115,000

ā€Ž - *RSI*: Around 55 (Neutral)

ā€Ž- *Fundamental Insight*: Unrealized profits have reached 1.41 trillion, raising concerns about potential sell-off pressure.

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ā€Ž*Ethereum #ETH

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ā€Ž- *Price*: Approximately3,807

ā€Ž- *24h Change*: āˆ’3.1%

ā€Ž- *Technical Analysis*:

ā€Ž - *Resistance*: 3,900

ā€Ž - *Support*:3,700

ā€Ž - *RSI*: Around 50 (Neutral)

ā€Ž- *Fundamental Insight*: Despite recent declines, Ethereum has seen significant institutional inflows, totaling 2.85 billion over 11 consecutive weeks.

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ā€Ž*Binance Coin #bnb

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ā€Ž- *Price*: Approximately786

ā€Ž- *24h Change*: āˆ’2.5%

ā€Ž- *Technical Analysis*:

ā€Ž - *Resistance*: 800

ā€Ž - *Support*:770

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ā€Ž- *RSI*: Around 48 (Neutral)

ā€Ž- *Fundamental Insight*: BNB has surpassed Solana in market capitalization, becoming the fifth-largest cryptocurrency.

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ā€Ž#xrp

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ā€Ž- *Price*: Approximately 3.10

ā€Ž- *24h Change*: āˆ’2.0

ā€Ž- *Technical Analysis*:

ā€Ž - *Resistance*:3.20

ā€Ž - *Support*: 3.00

ā€Ž - *RSI*: Around 45 (Neutral)

ā€Ž- *Fundamental Insight*: XRP's regulatory clarity has bolstered investor confidence, contributing to its recent price stability.

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ā€ŽšŸ” Summary

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ā€Ž- *Market Sentiment*: Cautiously bearish in the short term.

ā€Ž- *Top Performers*: Bitcoin Cash (BCH), Conflux (CFX), Cardano (ADA).

ā€Ž- *Underperformers*: BONK, Ethereum (ETH).

ā€Ž- *Key Levels to Watch*:

ā€Ž - *BTC*: 115,000 (Support),120,000 (Resistance)

ā€Ž - *ETH*: 3,700 (Support),3,900 (Resistance)