The total cryptocurrency market capitalization stands at $2.30 trillion, marking a 1.24% decline over the last 24 hours. The broader market remains under moderate selling pressure as traders trim exposure following recent failed breakout attempts.
While volatility remains contained compared to last week’s swings, derivatives data suggest cautious positioning, with leverage adjustments pointing toward short-term defensive sentiment.
Bitcoin is currently trading around $66,777, down 1.24% over the past 24 hours. BTC briefly attempted to stabilize above $67,000 but faced consistent selling pressure near that level, signaling continued overhead supply.
Immediate resistance is seen near $67,200-$68,000, followed by a broader supply zone around $69,200-$70,000. On the downside, key support lies near $65,800, with a deeper demand area around $64,200 if bearish momentum accelerates.
Derivatives data show Bitcoin open interest at $44.22 billion, down 0.14%, indicating mild position trimming amid volatility. Funding rates stand at 0.0028%, reflecting a near-neutral bias in the futures market.
Spot Bitcoin ETFs recorded approximately $49.07 million in net outflows as of yesterday, suggesting institutional participants remain defensive amid volatility.
Ethereum is trading near $1,970.07, down 1.11% in the last 24 hours. ETH attempted to reclaim $1,980 but failed to sustain momentum, leading to consolidation near a key support band.
Immediate resistance stands at $1,980-$2,040, while a stronger supply zone remains near $2,120. On the downside, initial support is seen around $1,900, followed by a more critical base near $1,850 if selling pressure intensifies.
Ethereum derivatives open interest sits at $23.54 billion, down 0.79%, reflecting cautious participation. Funding rates have turned negative at -0.0042%, reflecting short sellers are paying longs to maintain their positions.
Spot Ethereum ETFs recorded roughly $11.89 million in net outflows, suggestions cautious stance from institutions.
ADA is trading at $0.2747, down 2.71% on the day. Immediate resistance is seen near $0.290-$0.305, while key support lies around $0.260-$0.245.
Development upgrades and staking participation remain constructive long term, though short-term price action mirrors Bitcoin’s weakness.
DOT is trading at $1.31, down 2.57% in the last 24 hours. Immediate resistance is seen near $1.38-$1.45, while support rests around $1.22-$1.15.
Ecosystem parachain activity continues to drive narrative strength, but speculative flows remain subdued.
DOT is trading at $1.41, down 0.61% in the last 24 hours. Immediate resistance is seen near $1.48-$1.55, while support rests around $1.34-$1.28.
Adoption tied to messaging-based integrations continues to influence medium-term sentiment.
NEAR is trading at $1.01, down 2.99% in the last 24 hours. Immediate resistance is seen near $1.08-$1.15, while support lies around $0.95-$0.88.
AI-linked ecosystem narratives continue to support structural interest despite near-term pullbacks.
PEPE is trading at $0.000004242, down 3.43% on the day. Immediate resistance is seen near $0.000004600-$0.000004950, while support lies around $0.000003950-$0.000003600.
Retail-driven volatility remains elevated as speculative flows rotate between meme assets.
FLOKI is trading at $0.00003078, down 3.06% in the last 24 hours. Immediate resistance stands near $0.00003350-$0.00003600, while key support lies around $0.00002850-$0.00002580.
Community campaigns and ecosystem expansions continue to drive short-term sentiment swings.
The 1.24% decline in total crypto market capitalization to $2.30 trillion reflects a bearish environment as traders reduce leverage and institutional flows remain selective.
Bitcoin must reclaim the $67,500-$68,500 region to restore short-term bullish structure, while Ethereum needs to sustain strength above $1,980 to improve broader altcoin momentum.
Until stronger buying pressure emerges, the market is likely to remain range-bound with a mildly defensive bias.