The total cryptocurrency market capitalization stands at $2.99 trillion, marking a 1.52% increase over the last 24 hours. The broader market is showing signs of short-term stabilization after recent volatility, with selective buying emerging across majors and improving sentiment across large-cap altcoins.
Trading volumes have edged higher compared to the previous session, suggesting renewed participation rather than speculative excess. Volatility has cooled slightly, indicating that markets are attempting to establish firmer support following recent pullbacks.
Bitcoin is currently trading at $88,294, up 1.33% over the past 24 hours. BTC reclaimed some ground after briefly dipping below the $87,000 level, signaling renewed buyer interest near prior demand zones.
Immediate resistance is now seen near $91,200, followed by a stronger zone around $93,500. On the downside, support lies near $87,800, with a deeper level around $85,900 if momentum weakens.
Derivatives data show open interest remains negative at $56.98 billion, down 2.06%, while funding rates remain mildly positive at 0.0077%, indicating slight bullish positioning.
Ethereum is trading at $2,974, up 1.32% over the last 24 hours. ETH has stabilized just below the psychologically important $3,000 level, maintaining its broader range structure after recent consolidation.
Immediate resistance is located near $3,180, with a stronger supply zone around $3,350. On the downside, support is seen near $2,950, followed by a broader base around $2,850.
Derivatives data show open interest at $37.41 billion, down 1.84%, with funding rates around 0.0059%, reflecting balanced but improving sentiment. Steady staking inflows and resilient on-chain activity continue to provide downside support.
SOL is trading at $125.39, up 1.79% over the last 24 hours. Immediate resistance is seen near $132-$138, while support lies around $118-$115.
Ongoing DeFi growth and network usage remain supportive over the medium term.
LINK is trading at $12.39, up 0.53% over the last 24 hours. Immediate resistance is located near $13.20-$14.00, while support is seen around $11.80-$11.30.
Oracle demand and cross-chain integrations continue to strengthen the longer-term outlook.
MATIC is trading at $0.1029, up 0.23% over the last 24 hours. Immediate resistance stands near $0.110-$0.118, while support is positioned around $0.098-$0.094.
Layer-2 adoption and enterprise partnerships remain key drivers.
BNB is trading at $861.54, up 1.37% over the last 24 hours. Immediate resistance is seen near $890-$920, while support lies around $835-$810.
Ongoing exchange activity, token burns, and BNB Chain ecosystem growth continue to support medium-term sentiment.
DOGE is trading at $0.1230, up 0.14% over the last 24 hours. Immediate resistance is seen near $0.130-$0.138, while support lies around $0.118-$0.112.
Retail participation, payment-related integrations, and broader market sentiment remain key short-term drivers.
BONK is trading at $0.000007706, up 0.15% over the last 24 hours. Immediate resistance is located near $0.00000820-$0.00000880, while support is seen around $0.00000740-$0.00000700.
Community-driven activity and the Solana ecosystem's strength continue to influence price movements.
The 1.52% increase in total crypto market capitalization reflects cautious optimism rather than a full risk-on breakout.
Bitcoin near the $89,000 level and Ethereum holding close to$3,000 suggest improving short-term sentiment, though confirmation is still needed.
A more constructive scenario would require BTC to hold above $91,200 and ETH to sustain momentum beyond $3,180. Failure to maintain current support levels could lead to renewed consolidation, keeping the broader crypto market range-bound in the near term.