Here are some observations on how the cryptocurrency market started the day in general and the status of major cryptocurrencies:
General Market Status: * The global cryptocurrency market value has shown a slight decrease in the last 24 hours. * Market sentiment can be mixed, with some indicators indicating a "weakly bearish" situation, while altcoins may show an increase in performance compared to Bitcoin. State of Major Cryptocurrencies (around 06:29 UTC / 08:29 CEST): * Bitcoin (BTC): Its price is trading close to last night's levels, showing slight fluctuations. Some analyzes indicate resistance levels around $105,000. * Ethereum (ETH): It may show a more pronounced uptrend compared to Bitcoin. * Other Altcoins: Altcoins can show movements in different directions. Some may show increases, while others may experience decreases. For example, Aave (AAVE) shows a significant increase, while some DeFi and meme coins may see decreases.
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C_must_88
· 2025-05-20 07:23
HODL Tight 💪
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Sel_98_sw
· 2025-05-20 07:17
Buy To Earn 💎
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LinhKazIO
· 2025-05-20 07:02
Bitcoin is consolidating around $103,000 - $106,000, maintaining its bullish momentum in the medium term.
Here are some observations on how the cryptocurrency market started the day in general and the status of major cryptocurrencies:
General Market Status:
* The global cryptocurrency market value has shown a slight decrease in the last 24 hours.
* Market sentiment can be mixed, with some indicators indicating a "weakly bearish" situation, while altcoins may show an increase in performance compared to Bitcoin.
State of Major Cryptocurrencies (around 06:29 UTC / 08:29 CEST):
* Bitcoin (BTC): Its price is trading close to last night's levels, showing slight fluctuations. Some analyzes indicate resistance levels around $105,000.
* Ethereum (ETH): It may show a more pronounced uptrend compared to Bitcoin.
* Other Altcoins: Altcoins can show movements in different directions. Some may show increases, while others may experience decreases. For example, Aave (AAVE) shows a significant increase, while some DeFi and meme coins may see decreases.