"MARKET UPDATE MONTHLY CLOSING"
The total market cap closed at $2.255 trillion, needing to surpass the EMA 120 to remain bullish. The altcoin market cap at $606.385 billion is under the EMA 120 but above its major support. Ethereum's dominance at 18.30% and Bitcoin's at 54.81% are both above the EMA 120, indicating bullish trends.ETH/USDT closed at $3,438.16, above the EMA 120, suggesting continued bullish momentum. RUNE/USDT closed at $4.155, below the EMA 120 but above major support, needing to surpass the EMA 120 for sustained growth. BTC/USDT at $62,772.01 is testing the EMA 120, with potential for a significant upward move if it breaks this level.Monthly candles for BTC, ETH, and RUNE are red, with neutral sentiments. BTC has notable liquidations, with a slight 2% more longs than shorts. ETH ETFs trading may start on July 2nd, likely increasing trading volume and contributing to a bullish outlook.
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