The marketcap has been Moving up (14.29%) since yesterday. The total capitalization is 655 657 541 219 USD.
Bitcoin totals 431 014 080 730 USD of capitalization for a dominance of 65.5%. Ethereum’s marketcap is 75 419 152 494 USD, followed by Ripple with 25 732 165 220 USD.
Market Sentiment
Bitcoin Analysis
We were waiting a breakout of the 20k for so long and it finally happened yesterday. BTC is now in price discovery and we’ll have to wait for price to settle before opening a swing position.
The daily technical situation is positive and remains positive in 4 hours.
What to do about it?
The best thing to do is to wait for a better entry point.
- The supports of the day are at 19800$ – 20000$
- The resistance of the day is at 23800$
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Ethereum Analysis
ETH followed BTC yesterday with a clear breakout of 600$ and is now trading at around
The daily technical situation is positive and remains positive in 4 hours.
What to do about it?
The best thing to do is to wait for a better entry point.
- The supports of the day are at 600$ — 620$
- The resistances of the day are at 750$ — 800$
Conclusion
We have to wait for a better entry point for ETH and BTC.
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