February 1, 2024
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MARKET ANALYSIS:
Market Cap: $1.61 Trillion
24h Volume: $64.41 Billion
BTC Dominance: 51.2%
ETH Dominance: 16.9%
🔸BK® Health Standard: 3.8 (1 to 10)
🔸BK® Sentiment: 21% (-100% to 100%)
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BINANCE ANALYSIS (USDT pairs):
Top Gainers
1. JUP: +1912%
2. POND: +25%
3. CKB: +13%
Top Losers
1. FTT: -29%
2. ALT: -21%
3. AI: -17%
BINANCE FUTURES:
Top Gainers
1. 1000RATSUSDT: +25%
2. CKBUSDT: +13%
Top Losers
1. ALTUSDT: -21%
2. WIFUSDT: -20%
LARGEST VOLUME (24h)
1. BTC/USDT ($25900m)
2. ETH/USDT ($11100m)
DAILY OUTLOOK
JUP, POND, and CKB have emerged as the leading gainers in the current market scenario. BTC, on the other hand, has absorbed a significant amount of liquidity during its recent downward trend.
Presently, it is making efforts to uphold the critical support level at $42,000. The monthly candle close exhibits a spinning top pattern, indicative of short-term uncertainty in the market. Traders and investors are closely monitoring these developments as they navigate the fluctuations in the crypto landscape.