#Write2Earn

#TradeNTell

February 8, 2024

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MARKET ANALYSIS:

Market Cap: $1.7 Trillion

24h Volume: $54.62 Billion

BTC Dominance: 51.3%

ETH Dominance: 17.1%

🔸BK® Health Standard: 6.2 (1 to 10)

🔸BK® Sentiment: 38% (-100% to 100%)

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BINANCE ANALYSIS (USDT pairs):

Top Gainers

1. BTTC: +42%

2. OM: +20%

3. DYM: +17%

Top Losers

1. CHR: -7%

2. NMR: -6%

3. PENDLE: -5%

BINANCE FUTURES:

Top Gainers

1. WIFUSDT: +28%

2. KASUSDT: +18%

Top Losers

1. CHRUSDT: -7%

2. NMRUSDT: -6%                                                                                                                        

LARGEST VOLUME (24h)

1. BTC/USDT ($23900m)

2. ETH/USDT ($9900m)

DAILY OUTLOOK

BTC, OM, and DYM lead the market as top gainers. BTC surged following the breakout of the inverse head and shoulders pattern, coupled with a bullish pennant breakout. Meanwhile, altcoins are currently in a cooling phase, indicating the potential for an upcoming bullish rally.