The marketcap has been Moving up (1.19%) since yesterday. The total capitalization is 1 503 997 295 540 USD.
Bitcoin totals 1 015 619 036 768 USD of capitalization for a dominance of 60.3%. Ethereum’s marketcap is 208 923 083 592 USD, followed by Binance Coin with 43 837 613 651 USD.
Market Sentiment
Bitcoin Analysis
The BTC closed higher, trading around $54500.
The daily technical situation is rather positive but is quite neutral-negative 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 $52500. No more than 0.5% risk on this one.
- The supports of the day are at 52500$ — 53400$
- The resistance of the day is at 55500$
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Ethereum Analysis
This is the same story for ETH, trading around $1820 at the time of writting these lines.
The daily technical situation is rather positive and is negative in 4 hours.
What to do about it?
The best thing to do is to wait for a better entry point.
- The supports of the day are at 1750$ — 1650$
- The resistance of the day is at 1850$
Conclusion
We have to wait for a better entry point for ETH and BTC.
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