Crypto market in the last 24 hours
🌍 Global crypto market cap: 2.34T USD (−0.27% ↓)
💸 Total crypto volume 24h: 87.89B USD (−19.63% ↓)
🔗 DeFi volume: 9.13B USD, 10.39% of total (—)
🪙 Stablecoins volume: 86.88B USD, 98.85% of total (—)
₿ Bitcoin dominance: 58.19% (−0.28% ↓)
Bitcoin (BTC) analysis
BTCUSD has formed an M pattern with a clear CHoCH and rejection from the resistance zone around 69,200–69,600 USD (approx. 63,664–64,032 EUR). Price is now trading below this zone, while the chart shows bearish divergence, signaling fading buying strength.
A retest of the resistance may act as supply, and rejection from this area could push price toward 67,791 USD (approx. 62,368 EUR) and further to 66,455 USD (approx. 61,138 EUR). As long as the resistance zone holds, downside pressure remains the favored scenario.
Ethereum (ETH) analysis
ETHUSD has formed an M pattern followed by a clear CHoCH and a strong breakdown from the marked breaker block resistance around 2,035–2,060 USD (approx. 1,872–1,895 EUR). Price continues to trade below this zone, keeping the market structure weak.
The area now acts as supply, and any pullback into it may face rejection. With the breakdown holding, downside levels come in near 1,988 USD (approx. 1,829 EUR) and further 1,942 USD (approx. 1,787 EUR). Only a clean reclaim of the breaker block would invalidate the bearish pressure.
MultiversX (EGLD) analysis
EGLDUSD is forming an inverse head and shoulders, with the neckline acting as the resistance zone around 5.30–5.36 USD (approx. 4.88–4.94 EUR). Price recently tapped this area and faced rejection, keeping it the key level to monitor.
A successful breakout and hold above the neckline could trigger bullish continuation toward 6.26 USD (approx. 5.76 EUR) and further 7.31 USD (approx. 6.73 EUR). Failure to reclaim the zone keeps price under pressure and may lead to another move toward the 4.80 USD (approx. 4.42 EUR) region before any fresh upside attempt.
Solana (SOL) analysis
SOLUSD is trading inside a falling wedge and is currently approaching the resistance zone near 86.00–86.10 USD (approx. 79.12–79.21 EUR), aligned with the upper boundary of the wedge and remaining the key breakout level.
The chart also shows bullish divergence, suggesting downside momentum is weakening around the recent lows near 84.5 USD (approx. 77.74 EUR).
A clean breakout and hold above resistance could open upside targets toward 87.30 USD (approx. 80.32 EUR) and further 88.69 USD (approx. 81.60 EUR). Rejection from the zone would likely keep price ranging inside the wedge and push it back toward lower boundary support.
Avalanche (AVAX) analysis
AVAXUSD on the 15m timeframe is attempting a breakout after forming a W pattern (double bottom), with price currently trading just below the highlighted resistance zone around 9.28–9.36 USD (approx. 8.54–8.61 EUR). This area remains the key barrier for bullish continuation, with multiple prior rejections.
A clean reclaim and hold above resistance could trigger upside momentum toward 9.52 USD (approx. 8.76 EUR) and then 9.69 USD (approx. 8.91 EUR). Continued rejection from the zone would invalidate the breakout attempt and may push price back toward recent intraday lows.
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