Crypto market analysis: BTC, ETH, EGLD, AVAX and LINK – 02.03.2026

Crypto market evolution in the last 24 hours

🌍 Global crypto market cap: 2.28T USD (-0.53% ↓)
📊 Total crypto volume 24h: 95.05B USD (-8.46% ↓)
🔗 DeFi volume: 10.6B USD | 11.15% of total (-)
🪙 Stablecoins volume: 93.27B USD | 98.12% of total (-)
₿ Bitcoin dominance: 58.06% (+0.17% ↑)

Bitcoin (BTC)

BTCUSD on the 30m timeframe is forming a clear head and shoulders pattern, with price rejecting from the 67,000 USD (approx. 61,640 EUR) bearish order block, aligning with a bearish CHoCH.
As long as price remains below 67k, downside pressure stays intact, with potential moves toward 64,975 USD (approx. 59,777.00 EUR) and further 63,108 USD (approx. 58,060.00 EUR) if selling accelerates.
Only a strong reclaim and hold above 68,400 USD (approx. 62,928.00 EUR) would invalidate the bearish setup and shift the short-term structure back to bullish.

Ethereum (ETH)

ETHUSD on the 1H timeframe is forming an M pattern (double top), rejecting from the 1,965 USD to 1,970 USD resistance zone (approx. 1,808 EUR to 1,813 EUR), signaling weakening bullish momentum.
As long as price remains below this resistance, the short-term bias remains bearish, with potential downside toward 1,908 USD (approx. 1,755.00 EUR) and 1,842 USD (approx. 1,695.00 EUR).
A strong breakout and hold above 2,060 USD (approx. 1,895.00 EUR) would invalidate the pattern and shift the structure back to bullish continuation.

MultiversX (EGLD)

EGLDUSD on the 4H timeframe is forming a clear head and shoulders pattern, with price currently reacting near the 4.14 USD (approx. 3.81 EUR) key support zone.
As long as this level holds, short-term consolidation is possible.
A confirmed breakdown below 4.14 USD (approx. 3.81 EUR) would validate the bearish structure and open downside targets toward 3.76 USD (approx. 3.46 EUR) and potentially 3.40 USD (approx. 3.13 EUR).
Reclaiming the 4.60 USD to 4.80 USD zone (approx. 4.23 EUR to 4.42 EUR) would weaken the bearish setup and shift momentum upward.

Avalanche (AVAX)

AVAXUSD on the 1H timeframe is forming an inverse cup and handle pattern but is currently testing the 8.85 USD to 8.90 USD key support zone (approx. 8.14 EUR to 8.19 EUR).
A clean breakdown and close below this level would invalidate the bullish structure and open downside targets at 8.57 USD (approx. 7.88 EUR) and 8.25 USD (approx. 7.59 EUR).
Holding support and reclaiming 9.10 USD to 9.20 USD (approx. 8.37 EUR to 8.46 EUR) would increase the probability of continuation toward higher intraday targets.

Chainlink (LINK)

LINKUSD on the 15M timeframe is forming an inverse cup and handle pattern, with price rejecting from the handle resistance near 8.85 USD to 8.90 USD (approx. 8.14 EUR to 8.19 EUR) and pulling back into the 8.60 USD to 8.55 USD key support zone (approx. 7.91 EUR to 7.87 EUR).
This area is acting as the neckline support of the structure.
A clean breakdown and close below 8.55 USD (approx. 7.87 EUR) would invalidate the bullish setup and likely push price toward 8.30 USD (approx. 7.64 EUR), with further downside toward 8.03 USD (approx. 7.39 EUR).

ESTIMATION

BTCUSD – 96H – 1% to 2% – UP
Short-term rebound as BTC holds above support and shows positive momentum in the last 24h (BTC up ~1% to 3% today).

ETHUSD – 96H – 1% to 3% – UP
ETH is outperforming BTC with stronger daily gains and bullish momentum on short-term charts.

EGLDUSD – 96H – 2% to 4% – NEUTRAL
EGLD price action remains mixed, with low volume and range pressure; a short-term bounce is possible but no decisive breakout yet.

DOTUSD – 96H – 2% to 4% – UP
Polkadot is leading several altcoin moves as one of the stronger recent performers.

SOLUSD – 96H – 2% to 4% – UP
Solana shows strong weekly rotation with sector strength despite a broader mixed trend.

All cryptocurrencies are available for trading on Tradesilvania , and their prices can be seen on the Tradesilvania price page, accessible through the following link: https://tradesilvania.com/en/prices

With the help of our platform, you can deposit, withdraw, buy or sell any of these cryptocurrencies using the free digital wallet. SEPA Top-up (On-Ramp & Off-Ramp) Euro and RON instant transfers and over 150 cryptocurrencies, are all available in our app.


 

Limitation of Liability

This report issued by Tradesilvania is purely informative and is not intended to be used as a tool for making investment decisions in crypto-assets. Any person who chooses to use this report in the process of making investment decisions assumes all related risks. Tradesilvania SRL has no legal or other obligation towards the person in question that would derive from the publication of this report publicly.

The content provided on the Tradesilvania website is for informational purposes only and should not be considered as investment advice, financial advice, trading advice, or any other form of advice. We do not endorse or recommend the buying, selling, or holding of any cryptocurrency. It is important that you conduct your own research and consult with a financial advisor before making any investment decisions. We cannot be held responsible for any investment choices made based on the information presented on our website.

The information in this report was obtained from public sources and is considered relevant and reliable within the limits of publicly available data. However, the value of the digital assets referred to in this report fluctuates over time, and past performance does not indicate future growth.

Creează un cont și începe să tranzacționezi cu noi

Aveți nevoie de ajutor? Trimiteți-ne un e-mail la adresa [email protected] sau trimiteți-ne un mesaj direct în chat.