April 12, 2024

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Market analysis:

Market value: $2.64 trillion

24-hour trading volume: $79 billion

Bitcoin share: 52.9%

Ethereum share: 16.1%

🔸BK® Health Standard: 5.3 (1 to 10)

🔸BK® Sentiment: 48% (-100% to 100%)

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Binance analysis (USDT trading pair):

Top three gainers

1. CVC: +21%

2. CKB: +13%

3. JST: +11%

Top three losers

1. ONG: -9%

2. ASR: -7%

3. FTT: -5%

Binance Futures:

Top two gainers

1. ONGUSDT: +24%

2. ATAUSDT: +18%

Top two decliners

1. BELUSDT: -19%

2. TAOUSDT: -9%

24-hour maximum trading volume

1. BTC/USDT ($30.36 billion)

2. ETH/USDT ($13.72 billion)

Daily Outlook

CVC, CKB and JST led the market, with Bitcoin showing increased strength and momentum after successfully testing resistance. This upward trend is likely to continue until a major structural breakdown occurs. However, a small pullback is expected as market participants seek to take advantage of downside liquidity.

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- Crypto Navigator