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Bitcoin is currently declining from the key level of support, and increasing liquidity pushes its price upwards. The BTC is currently traded at $ 97,125.77, Ethereum to $ 2,669.98, and XRP has recently increased to $ 2.49, which has marked 5.05% in the past 24 hours. Other 10 coins include Solana (salt) $ 206.07, BNB in the amount of $ 616.95, and Dogecoin (Doge) at $ 0.2574.
So far, the cryptocurrency market is estimated at $ 3.19, which shows a modest increase of 1.58% in the last 24 hours. The fear and greed index is currently sitting at the age of 35, indicating a state of fear in the market. Among the main Crypto currency, Bitcoin (BTC) leads with a dominance of 60.42%, followed by Ethereum (ETH) to 10.09%.
Bitcoin has a support of about $ 95,000 to $ 96,000. If there is a confirmed break below this level, the next support zone is between $ 92,000 and $ 93,000. For now, Bitcoin is missing clear momentum and is moving aside with small bull and bear fluctuations. This collective action is expected to continue the next few days, with a more clear movement of prices next week.
In terms of resistance, there is a short -term obstacle just below $ 99,000, with a large resistance between $ 101,000 and $ 103,000, and even more significant resistance between $ 106,000 and $ 107,000.
Bitcoin holds a strong over $ 90,000, but it’s unusual that a lot of people still have a bear. Why? Analysts suggest that the current monthly situation is felt similar to the cycle 2017 – a huge pump and then consolidation, which can be prepared for the next great pressure. Altcoin Daily said Crypto was on the verge of entering his next chapter, and that happens now, globally.
