The marketcap has been Moving up (1.97%) since yesterday. The total capitalization is 1 533 681 288 321 USD.
Bitcoin totals 958 128 174 977 USD of capitalization for a dominance of 62.3%. Ethereum’s marketcap is 208 005 264 122 USD, followed by Tether with 32 451 961 355 USD.
Market Sentiment
Bitcoin Analysis
The BTC closed higher, trading around $51200.
The daily technical situation is rather neutral and is positive in 4 hours.
What to do about it?
The best thing to do is to wait for a better entry point. On retracement, most likely around $40000
- The supports of the day are at 40000$ — 45000$
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Ethereum Analysis
This is the same story for ETH, trading around $1810 at the time of writing these lines.
The daily technical situation is rather negative and is now positive in 4 hours.
What to do about it?
The best thing to do is to wait for a better entry point.
- The supports of the day are at 1650$ — 1700$
Conclusion
We have to wait for a better entry point for ETH and BTC.
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