Crypto market evolution in the last 24 hours
🌍 Global crypto market cap: 2.25T USD (−3.13% ↓)
📊 Total crypto volume 24h: 80.64B USD (+56.36% ↑)
🔗 DeFi volume: 7.61B USD | 9.43% of total (−)
🪙 Stablecoins volume: 79.63B USD | 98.74% of total (−)
₿ Bitcoin dominance: 58.21% (−0.12% ↓)
Bitcoin (BTC)
BTCUSD on the 4H timeframe is compressing within a falling wedge while holding directly above a major support zone around 63,700–65,000 USD (≈ 58,600–59,800 EUR), which has repeatedly acted as a demand base and remains the key structural level.
Price recently swept into this area with a sharp rejection, but overhead resistance near 69,300 USD (≈ 63,800 EUR) continues to cap upside attempts and aligns with wedge resistance, making it the decisive breakout level.
• A sustained close above 69,000 USD (≈ 63,500 EUR) would confirm bullish momentum and open continuation toward 73,900 USD (≈ 68,000 EUR) and potentially 78,400 USD (≈ 72,200 EUR).
• Failure to hold 63,700 USD (≈ 58,600 EUR) would invalidate the recovery structure and likely trigger bearish continuation toward 60,800 USD (≈ 55,900 EUR) and 57,600 USD (≈ 53,000 EUR).
Ethereum (ETH)
ETHUSD on the 4H timeframe is breaking down from a larger inverse cup and handle formation, with the former support zone around 1,890–1,900 USD (≈ 1,740–1,750 EUR) now flipping into resistance.
Price has impulsively rejected from the handle structure and lost the neckline area, confirming a short-term momentum shift in favor of sellers.
• The 1,890 USD (≈ 1,740 EUR) region remains the key level to reclaim for any bullish recovery attempt.
• As long as price trades below this supply zone, downside pressure is favored.
• Continued weakness opens the path toward 1,796 USD (≈ 1,650 EUR) as the first support target, with a deeper extension likely toward 1,707 USD (≈ 1,570 EUR) if bearish momentum accelerates.
MultiversX (EGLD)
EGLDUSD on the 4H timeframe is completing a classic head and shoulders formation, with the neckline aligned around the 4.30–4.40 USD (≈ 3.96–4.05 EUR) support zone that has now been decisively broken.
The right shoulder failed to make a higher high and sellers stepped in aggressively, confirming distribution and shifting momentum to the downside.
• The 4.30 USD (≈ 3.96 EUR) region now acts as immediate resistance.
• Any weak bounce into this zone is likely to face selling pressure unless price reclaims and holds above it.
• As long as the neckline remains lost, bearish continuation is favored toward 4.00 USD (≈ 3.68 EUR) and potentially 3.69 USD (≈ 3.39 EUR).
BNB (BNB)
BNBUSD on the 4H timeframe is trading within a range but showing signs of bearish continuation after rejecting the upper supply zone near 640–650 USD (≈ 589–598 EUR), where price repeatedly failed to sustain acceptance.
The recent sharp drop has brought price back into the major support area around 583–600 USD (≈ 536–552 EUR), now acting as the key decision zone.
The structure currently resembles a developing bear flag, favoring downside pressure.
• A clean breakdown below 583 USD (≈ 536 EUR) could accelerate selling toward 546 USD (≈ 502 EUR) and potentially 507 USD (≈ 466 EUR).
• Only a strong reclaim above 640 USD (≈ 589 EUR) would invalidate the bearish outlook.
XRP (XRP)
XRPUSD on the 4H timeframe is forming a clear head and shoulders pattern, with the neckline aligned around 1.32–1.36 USD (≈ 1.21–1.25 EUR), currently being tested but not yet decisively breached.
Price reacted sharply from this demand area and is attempting a bounce, making this level the key structural pivot.
• As long as support holds, a short-term recovery toward 1.40–1.45 USD (≈ 1.29–1.33 EUR) is possible.
• A confirmed close below 1.32 USD (≈ 1.21 EUR) would validate the head and shoulders structure and likely trigger bearish continuation toward 1.21 USD (≈ 1.11 EUR) and possibly 1.10 USD (≈ 1.01 EUR).
• Only sustained strength above 1.45 USD (≈ 1.33 EUR) would weaken the developing bearish setup.
Estimation
• BTCUSD – 96H – 1% to 2% – DOWN – Liquidity available below (bearish continuation risk)
• ETHUSD – 96H – 1% to 3% – DOWN – At resistance / short-term volatility
• EGLDUSD – 96H – 2% to 4% – UP – Reaction from support / possible reversal zone (range accumulation)
• XRPUSD – 96H – 2% to 4% – UP – W pattern (double bottom type reversal)
• SOLUSD – 96H – 2% to 4% – UP – Bullish divergence near support