Crypto market evolution in the last 24 hours
🌍 Global crypto market cap: 2.52T USD (+4.65% ↑)
📊 Total 24h volume: 127.08B USD (+70.93% ↑)
🧩 DeFi volume: 12.31B USD (9.69% of total) (+ ↑)
💵 Stablecoins volume: 131.83B USD (103.74% of total) (+ ↑)
🟠 Bitcoin dominance: 59.14% (+0.40% ↑)
Bitcoin (BTC)
BTCUSD on the 1H timeframe is forming a head and shoulders pattern, with price currently sitting at the key support zone 70,400–70,700 USD (65,700–66,000 EUR), acting as the neckline. The structure is bearish, and a clean breakdown below this level would confirm the pattern, opening the path toward 69,200 USD (64,500 EUR) and potentially 67,800 USD (63,200 EUR).
Ethereum (ETH)
ETHUSD looks ready to break down from the ascending channel, following a rejection from the upper trendline and clear bearish divergence on MACD. Price is testing the key support zone 2,150–2,180 USD (2,000–2,030 EUR). A confirmed breakdown would open the path toward 2,090 USD (1,950 EUR) and potentially 2,017 USD (1,880 EUR).
MultiversX (EGLD)
EGLDUSD on the 1H timeframe is trading inside a falling wedge, with bullish divergence on MACD signaling weakening bearish momentum. Price is approaching resistance at 3.72–3.74 USD (3.47–3.49 EUR). A breakout and hold above this zone could confirm a bullish move toward 3.80 USD (3.54 EUR) and 3.87 USD (3.61 EUR).
Binance Coin (BNB)
BNBUSD on the 4H timeframe is forming a head and shoulders, with price already breaking below the neckline at 593–596 USD (553–556 EUR), confirming bearish intent. The recent bounce looks like a retest, and unless bulls reclaim this level, it should act as resistance. With the trendline also broken, downside continuation is likely toward 582 USD (543 EUR) and potentially 571 USD (533 EUR). Bias remains bearish below the neckline.
Sui (SUI)
SUIUSD on the 4H timeframe shows a clear M pattern (double top) and is breaking below the support zone 0.90–0.91 USD (0.84–0.85 EUR). The structure suggests distribution, with weak consolidation indicating sellers remain in control. If this level fails, targets are 0.868 USD (0.81 EUR) and 0.838 USD (0.78 EUR). Bias stays bearish unless price reclaims the neckline with strong momentum.
Estimation
BTCUSD – 96H – 1% to 2% – DOWN – Weak structure below resistance with liquidity under recent lows
ETHUSD – 96H – 1% to 3% – DOWN – Lower high formation with continued selling pressure
EGLDUSD – 96H – 2% to 4% – DOWN – Bearish continuation below support with weak demand
BNBUSD – 96H – 2% to 4% – DOWN – Rejection from resistance with breakdown pressure
XRPUSD – 96H – 2% to 4% – DOWN – Liquidity sweep potential below support with weak structure
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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.
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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.