Major cryptocurrencies slipped on Sunday as the market withstands declines and volatility.
| Cryptocurrency | Gain +/- | Price (recorded at 7:30pm ET) |
| Bitcoin BTC/USD | -1.34% | $96,387.98 |
| Ethereum ETH/USD |
-1.23% | $2,669.97 |
| Dogecoin doge/usd | -2.39% | $0.2661 |
what happened: Bitcoin It will be integrated between $96,000 and $97,650 and extend the trajectory of the lateral market since recovery from “Black Sunday” crash. Ethereum It fell below $2,700 and fell to an intraday low of $2,655.30.
The two blue chip assets suggest a 24-hour trading volume decreases, suggesting weak demand.
Cryptocurrency liquidation has risen beyond $109 million in the last 24 hours, with a long liquidation reaching $78 million.
If Bitcoin rose to $100,000, a short position of over $300 million risked liquidation.
Approximately 52% of Bitcoin derivative traders are in the short position depending on the long/short ratio, meaning further decline in prices.
According to the Crypto Fear & Greed Index, market sentiment remains “neutral” and shows no clear advantage either in bullish or bearish.
Top Gaines (24 hours)
| Cryptocurrency | Gain +/- | Price (recorded at 7:30pm ET) |
| Pancakeswap (cake) | +4.90% | $2.82 |
| High fat (hype) | +4.02% | $26.88 |
| Sonic (s) | +3.38% | $0.5328 |
Global cryptocurrency has a market capitalization of $3.2 trillion, with 1.16% contracts over the past 24 hours.
Inventory futures had little changed on Sunday evening. Dow Jones Industrial Average Futures Traded on flatline at 7:39pm. Futures linked to S&P 500 It rose 0.03% Nasdaq 100 futures 0.04% has been added.
The New York Stock Exchange and the Nasdaq will be closed for Monday's trading in compliance with the President's Day holiday, also known as Washington's birthday.
See more details: Best Cryptocurrency Scanner
Analyst Notes: Cryptocurrency analyst Crypnuevowith large supporters, predicted “nice” trading weeks and pointed out important levels of interest on the Bitcoin chart.
“I think an upward liquidation is likely to hit quite quickly ($99,200), but I would like to re-enter a low liquidation ($93,300) first.
Analysts also warned against a “blind” longing for a low range, as they predicted that if they touched the $91,000 range low, they would immerse Bitcoin in an additional $88,000.
Influential cryptocurrency experts and traders Ali Martinez If Ethereum fails to hold $2,570, it warned that the next “key” support level is $2,200.
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