MARKET UPDATE: $ETH ➖➖➖➖➖➖➖ The price surged following a successful retest of the triangle, signaling a bullish move. However, it has retraced to retest the triangle once again. A triumphant retest typically suggests a continuation of the upward trend. On the contrary, if the price retreats inside the triangle, it may indicate a prolonged period of consolidation within the triangular pattern. ➖➖➖➖➖➖➖
January 31, 2024 ➖➖➖➖➖➖➖ MARKET ANALYSIS: Market Cap: $1.65 Trillion 24h Volume: $57.54 Billion BTC Dominance: 51% ETH Dominance: 17% 🔸OS® Health Standard: 3.9 (1 to 10) 🔸OS® Sentiment: 28% (-100% to 100%) ➖➖➖➖➖➖➖ BINANCE ANALYSIS (USDT pairs): Top Gainers 1. MAV: +19% 2. CTXC: +17.5% 3. MAGIC: +17% Top Losers 1. BAR: -14.5% 2. SUPER: -14% 3. COS: -9.32%
BINANCE FUTURES: Top Gainers 1. MAVUSDT: +19.5% 2. MAGICUSDT: +17.5% Top Losers 1. SUPERUSDT: -14% 2. WIFUSDT: -11.74%
LARGEST VOLUME (24h) 1. BTC/USDT ($22700m) 2. ETH/USDT ($10400m)
DAILY OUTLOOK MAV, CTXC, and MAGIC have emerged as the standout performers in the current market landscape. Meanwhile, BTC faced resistance below the $44,000 level, experiencing a rejection that is currently prompting a downward liquidity grab. The market sentiment is currently hanging in the balancebalances.
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