The marketcap has been moving up (1.39%) since yesterday. The total capitalization is 243 193 462 938 USD.
Bitcoin totals 163 461 568 909 USD of capitalization for a dominance of 67.20%. Ethereum’s marketcap is 21 065 403 135 USD, followed by Ripple with 8 709 758 857 USD.
Bitcoin Analysis
Bitcoin closed higher and is trading around $8925, its dominance remains high.
The daily technical situation is negative but becomes positive in 4 hours.
What to do about it?
The situation of the BTC is rather uncertain, it would be more prudent to wait for a return to around $8500 to launch a long.
- The supports of the day are at 8500$ — 8000$
- The resistances of the day are at 9000$ — 9500$
Ethereum Analysis
ETH closed higher and is trading around $190.
The daily technical situation is negative but becomes positive in 4 hours.
What to do?
ETH remains below its $192 resistance which seems to be holding up well and is consolidating. The situation is too uncertain for the moment, it is better to stay away.
- The supports of the day are at 185$ — 177$
- The resistances of the day are at 192$ — 197$
Conclusion
The daily technical situation is negative for ETH and BTC but positive in 4h.
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