The marketcap has been moving down (-5.48%) since yesterday. The total capitalization is 198 066 113 627 USD.
Bitcoin totals 127 180 828 629 USD of capitalization for a dominance of 64.20%. Ethereum’s marketcap is 17 583 134 731 USD, followed by Ripple with 8 372 140 587 USD.
Market Sentiment
HOW TO READ THE MARKET SENTIMENT ?
Bitcoin Analysis
Bitcoin closed lower, trading around $6900.
The daily technical situation is positive but becomes negative in 4 hours.
What to do about it?
The BTC is encountering oblique support, there could be a small rebound but the scenario seems bearish today.
- The supports of the day are at 6500$ — 6100$
- The resistances of the day are at 7000$ — 7500$
Ethereum Analysis
ETH closed lower and is trading around $158.
The daily technical situation is positive but negative in 4 hours.
What can we do about it?
The 154.7 support is holding up well, we can expect a small rebound.
- The supports of the day are at 154.7$ — 146.4$
- The resistances of the day are at 174$ — 177$
Conclusion
The daily technical situation is positive for ETH and BTC.
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