Market Overview

The bears dominate today’s session, reflected in the decrease in the global market cap. At press time, the total market cap stood at $3.14T, indicating a 1.14% decline over the last 24 hours. Trading volume surged by 45.52% in the same period, now at $96.81B.

Bitcoin Price Review

Bitcoin ($BTC) showed no gains today. The Alligator indicator reveals that moving averages are converging, signaling low volatility. The ADX indicates weak trend strength (at 18.06), suggesting minimal directional movement. As of press time, Bitcoin traded at $95,371, down 0.90% over the last 24 hours.

Ethereum Price Review

Ethereum ($ETH) also failed to gain today. Its short-term range is defined with an upper band of $2,752 and a lower band of $2,649. The AO histogram remains neutral with weak momentum, indicating indecision. Ethereum traded at $2,668, reflecting a 0.69% decrease over the last 24 hours.

Maker Price Review

Maker ($MKR) stands out among today’s gainers, showing strong upward movement and testing the 200 SMA (~$1,113). The 50 SMA has crossed above the 100 SMA, hinting at a potential bullish reversal. Despite a slightly negative Volume Oscillator (-1.12%), Maker traded at $1,094, marking a 9.4% increase over the last 24 hours.

Mantle Price Review

Mantle ($MNT) is another gainer today, with the Supertrend indicator indicating a bullish trend. The MFI stands at 46.43, signaling no overbought or oversold conditions. Mantle traded at $1.06, showing a 4.64% increase over the last 24 hours.

Bittensor Price Review

Bittensor ($TAO) also scored gains today, though it trades below the Ichimoku Cloud, indicating bearish sentiment. The cloud acts as resistance, lying between $376-$390. The Volume Oscillator shows a decline in trading activity at -14.15%. As of now, Bittensor traded at $358.91, up 1.43% over the last 24 hours.