The marketcap has been moving up (+1.79) since yesterday. The total capitalization is 202 209 327 694 USD.
Bitcoin totals 136 995 869 358 USD of capitalization for a dominance of 67.8%. Ethereum’s marketcap is 15 339 109 768 USD, followed by Ripple with 9 008 393 327 USD.
Market Sentiment
HOW TO READ THE MARKET SENTIMENT ?
Bitcoin Analysis
Bitcoin has broken its oblique resistance and is currently trading around 7500 in a rather positive daily technical configuration.
The BTC could nevertheless come and retest the 7275 before bouncing back and possibly registering a higher high.
What to do about it?
Wait for a return to support or a confirmed break of the 7500 resistance zone.
- The supports of the day are at 7275$ — 70780$
- The resistances of the day are at 7530$ — 7800$
Ethereum Analysis
ETH also closed higher, trading around $140.
The daily technical situation is positive.
Over a time horizon of 4 hours, the situation remains positive but the indicators are approaching their oversold zone.
What to do?
If we close above $140 we can hope to see the $150 again
- The supports of the day are at 128$ — 123$
- The resistances of the day are at 143$ — 150$
Conclusion
We still have to wait for the fence before positioning ourselves.
You can join us on Telegram for a follow-up of the market throughout the day.
For any question, our team will be happy to answer you on our support which is open 7/7 days.
For any information about our subscriptions, please visit our website or contact @butler_4c_bot directly to get all the information you need.
Some truly good info , Glad I discovered this.