Bitcoin Intraday Key Levels

The BTC/USDT pair has gained 1.54% in the last 24 hours and is currently trading at $99,168. Bitcoin (BTC) has rebounded from the previously mentioned $97,362 support level and continues to rise. If the uptrend persists, the next resistance level is at $99,304. Support levels are located at $97,362 and $94,703, respectively.

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Ethereum (ETH): The ETH/USDT pair has increased by 1.11% in the last 24 hours and is now trading at $3,652. For ETH, the resistance levels are at $3,653 first, followed by $3,750. Support levels are found at $3,535 and $3,440.

Arbitrum (ARB): The ARB/USDT pair has surged by 6.26% in the last 24 hours and is currently trading at $0.95. Resistance levels for ARB are at $0.95, with the next at $1.01. Support zones are identified at $0.88, with a deeper drop potentially testing $0.845.

Sei (SEI): The SEI/USDT pair has risen 0.51% in the last 24 hours, trading at $0.46. For SEI, resistance levels are at $0.48 and $0.51, while support zones are located at $0.448 and $0.41, respectively.

Lido DAO (LDO): The LDO/USDT pair has gained 0.76% in the last 24 hours and is trading at $2.05. Resistance levels for LDO are $2.09, followed by $2.17, while support zones are at $2 and $1.94 for deeper pullbacks.

Trending Coins

In the last 24 hours, trending coins in the crypto market include PHNIX (PHNIX), Vector Smart Gas (VSG), and ai16z (AI16Z). The top gainers are Osmosis (OSMO) and Freysa AI (FAI), while the biggest losers are Sonic (S), ACT I The AI Prophecy (ACT), and AI Rig Complex (ARC).

Bitcoin Liquidation Map

Analyzing Bitcoin’s 12-hour liquidation map, a notable liquidation zone is seen at $100,758 with $77.80 million, while on the downside, $98,168 holds a liquidation level of $51.84 million.

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Osmosis is a decentralized exchange (DEX) platform that operates over the Inter-Blockchain Communication Protocol (IBC), facilitating asset swapping between various blockchains regardless of the size of the crypto ecosystems. This platform provides the opportunity to trade on a wide range of assets, including those coming from major ecosystems like Ethereum, Polkadot.

Osmosis supports the vision of creating a more integrated and interactive ecosystem within the crypto world by building bridges between various assets. This facilitates access to greater liquidity and trading opportunities for the crypto community, while also encouraging cooperation between projects on different blockchains. The smooth and reliable swap of assets via Osmosis’ IBC protocol contributes to the further growth and development of crypto ecosystems.

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Osmosis(OSMO) Technical Analysis

Osmo has not been able to offer steady performance to its investors since its release on October 28, 2022. It failed to show a strong rise from any significant support region during the bear season. All rallies were short-lived and generally returned to the downtrend.
Recently, it saw a bit of a recovery from a reaction it got at the $0.2250 level.

However, a sharp selling pressure followed its sudden rise to the $0.80 levels and it started struggling at support levels below $0.65. If it cannot protect its current support level of $0.50, a retracement to $0.3260 levels could occur.

If Osmo can establish solid buying pressure around the $0.50 region, we can consider it capable of targeting the $0.80 levels once more. In other words, if it can form support at the $0.50 level, it has the potential to execute another upward movement toward the $0.80 target. Price had a reaction from the full selling area and went into a decline. Unless the price closes above 0.6807 in a higher time frame, we cannot say that it can continue rising.

The first reaction zone where it can rise and is likely to get a reaction is the 0.3944 region located below the gap. If there is going to be a reaction, it is highly possible that it will take a reaction from this region.

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A notable new airdrop event is rocking the cryptocurrency sector. In an announcement made on their official blog page on September 26, the Celestia team said it would airdrop to a total of 576,653 addresses, involving 7,579 developers and early users on Ethereum roll-ups, Cosmos Hub (ATOM), and Osmosis (OSMO).

Initiating Genesis Drophttps://t.co/jd6OwoNktc pic.twitter.com/YgeXDn1Gxw

— Celestia (@CelestiaOrg) September 26, 2023

The announcement emphasized that the team would distribute a total of 60 million TIA tokens, completing the token distribution on October 17 and launching the network towards the end of this year. The team reminded that they had concluded the snapshots for the airdrop process on January 1, 2023, and stated that the planned distribution of 60 million TIA would constitute 6% of the total 1 billion supply.

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Users who meet the airdrop criteria will be able to claim their TIA tokens via the project’s official website until 3 pm (Turkey time) on October 17.

Among the criteria are details such as having an old wallet, having some funds in it, and donating to GitHub. It is also emphasized that the snapshot was taken on January 1.

Celestia: Crypto Unicorn with $55M Funding

Celestia provides developers the opportunity to establish a new blockchain without the struggle of building a consensus network from scratch. Additionally the center of the payments in this newly established blockchain will be TIA. Operating on Layer-1 (L1), Celestia aims to offer a unique experience.

At the end of last year, Celestia raised $55 million in a funding round and reached “unicorn” status with a valuation of $1 billion. The success of Celestia is among the significant developments in the cryptocurrency sector.

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