1. Overview of the cryptocurrency market:
Current market trends:
BTC.D (56.64%): Bitcoin's dominance is at a high level, indicating that the cash flow is more oriented towards Bitcoin than altcoins. When BTC.D rises, altcoins often face selling pressure.
Total market capitalization (3.56 trillion USD). The total market capitalization remains at a good level, but there are no signs of a strong breakthrough. If Total increases while BTC.D decreases, altcoins will have a chance to rise in price.
Total 2 ($1.54 trillion): The capitalization of altcoins (excluding Bitcoin) remains stable but has not significantly increased compared to the total capitalization.
Total 3 ($1.07 trillion): The capitalization of small tokens and DeFi remains at a relative level, indicating that cash flow is not significantly entering this group.
Bitcoin price ($101,852): Bitcoin is in an upward trend, but it is important to respect the key resistance at the level of $105,000. If it breaks through, the entire market will have a chance to explode.
