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What is the Current Status of Bitcoin and Popular Altcoins? Will the Uptrend Continue? What are the Key Support and Resistance Levels? We’ve prepared an overview for you, covering liquidations, the biggest gainers and losers, upcoming events, and more!
Key Intraday Levels for Bitcoin
Bitcoin has started to show sideways candlestick formations, indicating a potential slowdown in buying momentum if this pattern continues for an extended period. This could signal an incoming correction. Meanwhile, USDT.D is currently experiencing an accumulation phase at a support level, which might suggest an opposite scenario unfolding.
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Ethereum (ETH): The ETH/USDT pair has decreased by 7.31% over the past 24 hours, currently trading at $3,358. Resistance levels for ETH are first at $3,560, followed by $3,740. Support levels are at $3,120, with the next significant level at $2,800 if further decline occurs.
Ethena (ENA): The ENA/USDT pair has risen by 6.80% over the last 24 hours, now trading at $0.609. Resistance levels are at $0.63 and then $0.69. Support levels are at $0.57, with $0.52 being the next support if a deeper drop happens.
Apechain (APE): The APE/USDT pair has gained 9.83% in the past 24 hours, currently trading at $1.15. Resistance levels for APE are at $1.28, followed by $1.52. Support levels are at $1.09, with $1.01 acting as the next level in case of a continued drop.
Trending Coins
Over the last 24 hours, the trending coins in the crypto market include Notcoin (NOT), Nimiq (NIM), and Dogecoin (DOGE). The top gainers include Degen (Base) (DEGEN), Act I The AI Prophecy (ACT), and Dogecoin (DOGE). On the list of biggest losers, Gigachad (GIGA), Raydium (RAY), and Drift Protocol (DRIFT) are notable.
Bitcoin Liquidation Map
Analyzing Bitcoin’s 12-hour liquidation map, a significant upper liquidation stands out at $90,138, amounting to $75 million. On the lower side, a level of $86,157 is marked with $81.97 million in liquidation.
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