Bitcoin and major altcoins have been showing notable movements. Here’s a detailed analysis of key support and resistance levels, liquidations, top gainers and losers, upcoming events, and other essential details.
Key Levels for Bitcoin (BTC)
In the last 24 hours, BTC/USDT gained 3.81% and is currently trading at $71,036. If a pullback occurs, Bitcoin might reach a lower support level near the descending trendline at $64,400, or the support zone of the ascending trendline. However, the breakout from the descending trendline (highlighted in blue) suggests that the price is rapidly moving toward the green zone. Sustained support above this area could indicate a move toward its ATH.
Ethereum (ETH)
The ETH/USDT pair gained 4.18% in the last 24 hours and is trading at $2,616. Resistance levels to watch are $2,700, followed by $2,810. Support is at $2,506, with a secondary level at $2,365 if it breaks below the first.
Solana (SOL)
SOL/USDT increased by 2.30% over the past 24 hours, currently trading at $179.93. Resistance levels are at $186 and $202, while support is expected at $173 and $161 if the downward trend intensifies.
Dogecoin (DOGE)
DOGE surged by 14.71% over the past day and is trading at $0.1644. Resistance levels for DOGE are $0.1720 and $0.202, while support can be found at $0.157 and $0.141.
Trending Coins
Grass (GRASS), Solana (SOL), and Sui (SUI) are among the most trending coins over the past day. On the gainers’ side, PepeCoin (PEPECOIN), Banana Gun (BANANA), and Ethena (ENA) led with the most growth. Moo Deng (MOODENG), Virtuals Protocol (VIRTUAL), and Non-Playable Coin (NPC) were among the biggest losers.
Bitcoin Liquidation Map
The 12-hour Bitcoin liquidation map reveals a notable upper-level liquidation at $72,133, with a value of $35.73 million. On the downside, a comparable $35.73 million liquidation level is seen at $70,683.
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