Cryptocurrency markets are seeing gains overall, despite ongoing ETF exits, indicating underlying strength in the market.
Cryptocurrency | Prix | Gains +/- |
Bitcoin (CRYPTO: BTC) | 96 344,48 $ | +4,7% |
Ethereum (CRYPTO: ETH) | 3 201,80 $ | +6,2% |
Solana (CRYPTO: SOL) | 186,30 $ | +5,2% |
XRP (CRYPTO: XRP) | 2,65 $ | +7,9% |
Dogecoin (CRYPTO: DOGE) | 0,3527 $ | +8,6% |
Shiba Inu (CRYPTO: SHIB) | 0,00002138 $ | +5,5% |
Notable stats:
- Data from IntoTheBlock shows that trading volume increased by 34.7% and daily active addresses increased by 4.5%. Transactions above $100,000 increased from 6,648 to 10,421 in a single day. Net flows from stock exchanges decreased by 332.2%.
- Data from Coinglass indicates that 78,239 traders were liquidated in the last 24 hours, with total liquidations amounting to $279.24 million.
Notable developments:
Main increases:
Cryptocurrency | Prix | Gains +/- |
Ai16z (CRYPTO: AI16Z) | 1,28 $ | +27,4% |
When (CRYPTO: KAS) | 0,1366 $ | +21,2% |
Virtual Protocol (CRYPTO: VIRTUAL) | 2,97 $ | +20,7% |
Notes des traders : With Bitcoin prices continuing their upward trend, cryptocurrency trader Jelle noted that it is moving as expected.
He believes things will look much better after $97,000.
Echoing a similar sentiment, cryptocurrency trader Mayne called it an interesting move after a period of dips.
While waiting for CPI data, he recommends switching the mid-range level to maintain the upward push.
Cryptocurrency trader EliZ noted that Bitcoin had reached a critical trigger point, but highlighted market indecision.
He advises adjusting stops to neutral for active positions.
More Crypto Online explained that the recent upward movement could indicate a potential bottom if the price holds above $94,244, with the next ideal high reaching at least $97,995.
The pattern resembles the rise to the January 6 high, but appears weaker.
The rally started from a favorable location, increasing the chances of a decline established yesterday.
A confirmed reversal to the upside requires price to form and maintain a higher low in a subsequent wave 2.
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