The marketcap has been moving down (-1.8%) since yesterday. The total capitalization is 282 417 221 083 USD.
Bitcoin totals 180 060 775 640 USD of capitalization for a dominance of 63.60%. Ethereum’s marketcap is 24 314 164 497 USD, followed by Ripple with 12 003 775 473 USD.
Market Sentiment
HOW TO READ THE MARKET SENTIMENT ?
Bitcoin Analysis
Bitcoin closed higher, trading around $9826 after exceeding $10,000.
The daily technical situation is positive with signs of bearish curves. The technical situation becomes negative over a short time horizon.
What to do about it?
The BTC seems to be in correction, we have to wait for a return to support or resistance to place ourselves.
- The supports of the day are at 9 700$ — 9 050$
- The resistances of the day are at 9 850$ — 10 222$
Ethereum Analysis
ETH closed higher but traded around $218.6 after a correction.
The daily technical situation is rather negative and remains negative over a short time horizon.
What can be done?
We can wait for a return to support or resistance before positioning ourselves.
- The supports of the day are at 212$ — 200$
- The resistances of the day are at 231$ — 242$
Conclusion
The daily technical situation is uncertain and a correction is possible.
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