Crypto market evolution in the last 24 hours
🌍 Market cap total: 2.42T USD (-2.04% ↓)
📊 Volum total 24h: 86.8B USD (-27.21% ↓)
🔗 Volum DeFi: 9.67B USD (11.14% din total)
💵 Volum stablecoins: 84.79B USD (97.68% din total)
🟠 Dominanta Bitcoin: 58.91% (-0.01% ↓)
Bitcoin (BTC)
BTCUSD is trading inside a falling wedge on the 1H timeframe, consolidating just below a key resistance zone around 71,700 USD (≈ 66,000 EUR). Price has already been rejected once from this level, showing sellers are still defending it, but the structure is tightening and bearish momentum is fading, increasing the probability of a breakout.
A clean move above this resistance could push price toward 72,400 USD (≈ 66,600 EUR) and then 73,100 USD (≈ 67,200 EUR), confirming bullish continuation. Another rejection may keep price ranging inside the wedge, with a possible retest of lower support before a stronger move.
Ethereum (ETH)
ETHUSD on the 4H timeframe has pulled back into a key demand zone between 2,140 USD (≈ 1,970 EUR) and 2,170 USD (≈ 2,000 EUR), aligning with the 0.5–0.618 Fibonacci retracement.
After the impulsive move up, this correction looks healthy, but now price needs clear bullish confirmation from this zone. If buyers step in and hold support, we can expect continuation toward 2,220 USD (≈ 2,050 EUR) and then 2,270 USD (≈ 2,090 EUR)+.
MultiversX (EGLD)
EGLDUSD on the 4H timeframe is forming a potential inverse head and shoulders, with price currently developing the right shoulder below a resistance zone around 3.94 – 3.95 USD (≈ 3.63 – 3.64 EUR).
The structure suggests a possible bullish reversal, but confirmation is still needed through a breakout and hold above the neckline. If confirmed, targets are 4.08 USD (≈ 3.75 EUR) and then 4.24 USD (≈ 3.90 EUR)+.
Avalanche (AVAX)
AVAXUSD on the 15m timeframe is forming a cup and handle while still trading within a broader descending channel. Price is approaching a key resistance zone around 9.12 – 9.13 USD (≈ 8.40 EUR).
The handle suggests accumulation, but confirmation requires a clean breakout. If buyers push above this level, targets are 9.25 USD (≈ 8.52 EUR) and 9.38 USD (≈ 8.64 EUR).
Aave (AAVE)
AAVEUSD on the 4H timeframe remains inside a falling wedge, with recent rejection from the resistance zone around 98.1 USD (≈ 90.30 EUR).
Despite the rejection, a bullish divergence on MACD signals weakening downside momentum, keeping the reversal scenario in play. For now, the structure remains unconfirmed.
A strong breakout and hold above 98 USD (≈ 90.20 EUR) would open the path toward 107 USD (≈ 98.40 EUR) and 118 USD (≈ 108.50 EUR).
Estimation (96H)
- BTCUSD: +1% to +2% | UP
Holding above support, with continuation toward liquidity resting above highs - ETHUSD: +1% to +3% | UP
Strong relative strength with higher low formation - EGLDUSD: +2% to +4% | UP
Accumulation near demand with breakout potential - AVAXUSD: +2% to +4% | UP
Bounce from support with bullish structure forming - ADAUSD: +2% to +4% | UP
Compression breakout setup with momentum building