The total market capitalization of cryptocurrencies stands at $2.98 trillion, marking a 0.97% decline over the last 24 hours. The broader market remains relatively subdued, with prices stabilizing after recent swings as traders adopt a cautious, wait-and-see approach amid unclear macroeconomic and liquidity signals.
While selling pressure has moderated compared to earlier sessions, upside momentum continues to face resistance. Reduced volatility and lighter derivatives positioning suggest the market is entering a consolidation phase rather than forming a decisive trend, keeping overall sentiment neutral.
Bitcoin is currently trading at $88,026, down slightly by 1.02% over the past 24 hours. BTC continues to trade in a tight range after failing to sustain a move above the $88,500-$89,000 resistance zone.
Immediate resistance is seen near $88,800, followed by a stronger barrier around $91,000. On the downside, short-term support lies near $86,700, with a more significant demand zone around $84,500-$85,000 if selling pressure increases.
Derivatives data show a mild decline in open interest alongside flat funding rates, indicating traders are reducing leverage rather than aggressively betting on direction.
Ethereum is trading at $2,985, down 0.62% over the last 24 hours. ETH has struggled to regain momentum after failing multiple times to hold above the $3,000 level, keeping short-term structure fragile.
Immediate resistance is located near $3,020, while a stronger supply zone is visible around $3,150. On the downside, support lies near $2,900, followed by a broader base around $2,750 in case of heightened market weakness.
On-chain activity remains steady, but spot inflows have slowed, making ETH more sensitive to overall market direction and Bitcoin’s range behavior in the near term.
SOL is trading at $125.50, down 0.83% over the last 24 hours. Immediate resistance is seen near $132, while support lies around $122-$120.
Solana continues to benefit from strong network usage, though price action remains range-bound.
LINK is trading at $12.44, down 1.34% over the last 24 hours. Immediate resistance is seen near $13.20-$13.50, while support is placed around $12.00-$11.70.
Ongoing accumulation trends and steady oracle demand support its medium-term outlook.
MATIC is trading at $0.1070, down 0.30% over the last 24 hours. Immediate resistance is seen near $0.112-$0.115, while support lies around $0.105-$0.102.
Ecosystem upgrades remain a longer-term positive, though near-term momentum is muted.
LTC is trading at $76.80, down 1.27% over the last 24 hours. Immediate resistance is seen near $79-$80, while support is located around $75-$73.
Litecoin continues to trade largely in sync with broader market sentiment.
PEPE is trading at $0.000003985, down 1.50% over the last 24 hours. Immediate resistance is seen near $0.000004200, while support lies around $0.000003850-$0.000003700.
Volatility remains elevated and sentiment-driven.
BONK is trading at $0.000008032, down 1.98% over the last 24 hours. Immediate resistance is seen near $0.000008600-$0.000008800, while support is placed around $0.000007700-$0.000007500.
Trading activity remains speculative and highly sensitive to market mood.
The 0.97% decrease in total crypto market capitalization reflects a pause in the market.
Bitcoin’s consolidation below key resistance and Ethereum’s struggle to regain $3,000 suggest that prices may remain range-bound in the short term.
A more constructive upside scenario would require BTC to reclaim and hold above $89,000 and ETH to establish strength above $3,050. Failure to defend current support levels, however, could lead to extended sideways movement or mild pullbacks rather than a sharp directional move.