The marketcap has been moving up (+1.45%) since yesterday. The total capitalization is 204 029 030 954 USD.
Bitcoin totals 130 461 865 980 USD of capitalization for a dominance of 64.00%. Ethereum’s marketcap is 19 000 474 263 USD, followed by Ripple with 8 372 399 143 USD.
Market Sentiment
HOW TO READ THE MARKET SENTIMENT ?
Bitcoin Analysis
BTC closed higher and is trading around $7107.
The daily technical situation is positive and remains positive in 4 hours.
What to do about it?
We can expect a retest of $7200 and prepare for different scenarios.
- The supports of the day are at 7000$ — 6500$
- The resistances of the day are at 7200$ — 7500$
Ethereum Analysis
ETH closed higher and is trading around $171.
The daily technical situation is positive and remains positive in 4 hours.
What to do?
ETH is moving in a range, be careful of the reactions in case of a resistance test.
- The supports of the day are at 162$ — 154$
- The resistances of the day are at 174$ — 177$
Conclusion
The daily technical situation is positive for ETH and BTC.
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