The total market capitalization of cryptocurrencies stands at $2.99 trillion, marking a 0.86% increase over the last 24 hours. The broader market is showing a mild recovery after recent consolidation, with prices edging higher as risk appetite improves slightly.
While volumes remain moderate, buyers have begun to step in near key support zones, suggesting cautious optimism rather than aggressive trend positioning. Volatility remains contained, indicating a gradual transition from consolidation toward potential short-term continuation moves.
Bitcoin is currently trading at $88,965, up 1.40% over the past 24 hours. BTC has managed to hold above steady after breaking out of its previous range, signaling improving short-term strength.
Immediate resistance is seen near $92,000, followed by a stronger zone around $94,500. On the downside, short-term support lies near $89,200, with a deeper support area around $87,000 if momentum weakens.
Derivatives data show positive open interest at $58.63 billion, up 1.76%, and positive funding rates at 0.0077%, indicating renewed but controlled long positioning rather than excessive leverage.
Ethereum is trading at $2,969, up 0.89% over the last 24 hours. ETH is consolidating near the $3,100 level, improving its short-term structure after several sessions of sideways movement.
Immediate resistance is located near $3,250, while a stronger supply zone remains around $3,380. On the downside, support is seen near $2,900, followed by a broader base around $2,800.
Derivatives data show positive open interest at $37.61 billion, up 0.72%, and positive funding rates at 0.0011%.
On-chain activity remains healthy, and improving spot demand has reduced ETH’s downside sensitivity compared to earlier sessions.
AVAX is trading at $12.54, up 3.05% over the last 24 hours. Immediate resistance is seen near $13.20-$13.50, while support lies around $12.00-$11.70.
Ecosystem expansion and subnet activity continue to support medium-term sentiment.
ARB is trading at $0.1919, up 0.73% over the last 24 hours. Immediate resistance is seen near $0.205-$0.215, while support lies around $0.185-$0.180.
Layer-2 adoption trends remain a constructive factor.
XRP is trading at $1.86, down 0.42% over the last 24 hours. Immediate resistance is seen near $1.92-$1.95, while support rests around $1.80-$1.75.
Ongoing adoption in cross-border payments and regulatory clarity continue to support XRP’s medium-term outlook.
NEAR is trading at $1.52, up 1.44% over the last 24 hours. Immediate resistance is seen near $1.60-$1.65, while support is located around $1.45-$1.40.
AI-related narratives and ecosystem updates remain supportive.
WIF is trading at $0.3172, down 2.84% over the last 24 hours. Immediate resistance is seen near $0.335-$0.350, while support lies around $0.300-$0.285.
Price action remains highly sentiment-driven.
FLOKI is trading at $0.00004044, down 0.91% over the last 24 hours. Immediate resistance is seen near $0.00004350-$0.00004500, while support is located around $0.00003900-$0.00003750.
Trading activity remains speculative, tracking broader market mood.
The 0.86% increase in total crypto market capitalization reflects improving short-term sentiment, though conviction remains moderate.
Bitcoin holds near $89,000 and Ethereum trading close to$3,000 suggest the market may attempt gradual upside continuation rather than sharp rallies.
A more bullish scenario would require BTC to sustain strength above $92,000 and ETH to break decisively above $3,250. Failure to maintain current support levels could instead result in renewed consolidation, keeping the broader market range-bound in the near term.