The total cryptocurrency market capitalization stands at $2.35 trillion, marking a 2.66% decline over the last 24 hours. The broader market is facing renewed pressure as traders reduce risk exposure following mixed macro signals and continued ETF-related volatility.
While price swings have expanded across major assets, derivatives data suggest the move is largely driven by controlled deleveraging rather than aggressive liquidation cascades.
Bitcoin is currently trading around $68,829, down 1.85% over the past 24 hours. BTC briefly pushed toward the $70,000 level before encountering resistance and pulling back, indicating sellers remain active near recent highs.
Immediate resistance is seen near $69,000, followed by a broader supply zone around $70,200-$71,000. On the downside, key support lies near $66,500, with a deeper demand area around $65,200 if bearish pressure accelerates.
Derivatives data show Bitcoin open interest at $43.76 billion, down 2.69%, indicating that leveraged positions are being trimmed. Funding rates stand at 0.0039%, reflecting a neutral-to-slightly-cautious bias among futures traders.
Spot Bitcoin ETFs recorded approximately $15.20 million in net inflows, indicating a slight return of institutional capital amid broader weakness.
Ethereum is trading near $1,969.70, down 5.70% in the last 24 hours. ETH is holding just below the psychological $2,000 level and continues to struggle in reclaiming higher resistance zones.
Immediate resistance stands at $2,080-$2,120, while a stronger supply area remains near $2,200. On the downside, initial support is seen around $1,980, followed by a more critical base near $1,920 if downside momentum builds.
Ethereum derivatives open interest sits at $23.52 billion, down 4.89%, indicating traders are reducing leveraged exposure. Funding rates have eased to -0.0011%, signaling a slight bearish bias.
Spot Ethereum ETFs recorded roughly $10.26 million in net inflows, suggesting renewed institutional interest.
SOL is trading at $85.56, down 3.73% on the day. Immediate resistance is seen near $88-$92, while key support lies around $82-$78.
Growing DeFi activity and ecosystem upgrades continue to support long-term fundamentals, though short-term momentum has softened alongside broader market weakness.
LINK is trading at $8.77, down 3.55% in the last 24 hours. Immediate resistance is seen near $9.10-$9.40, while key support lies around $8.40-$8.10.
Oracle demand, cross-chain integrations, and institutional tokenization narratives remain the primary medium-term drivers.
AVAX is trading at $9.30, down 3.42% on the day. Immediate resistance is seen near $9.80-$10.20, while key support lies around $8.90-$8.40.
Subnetwork expansion and gaming ecosystem growth continue to shape sentiment, though volatility remains elevated.
ADA is trading at $0.2812, down 5.56% in the last 24 hours. Immediate resistance stands near $0.295-$0.310, while key support lies around $0.265-$0.250.
Developer activity and scalability upgrades remain central to longer-term positioning, though price action remains range-bound.
DOGE is trading at $0.1023, down 12.08% on the day. Immediate resistance is seen near $0.108-$0.112, while key support lies around $0.095-$0.088.
Speculation around social-media integrations and retail momentum continues to influence short-term volatility.
SHIB is trading at $0.000006632, down 5.83% in the last 24 hours. Immediate resistance is seen near $0.00000700-$0.00000740, while key support lies around $0.00000620-$0.00000580.
Layer-2 ecosystem developments and token burn narratives remain key drivers of speculative positioning.
The 2.66% decline in total crypto market capitalization to $2.35 trillion suggests the market is undergoing a short-term correction within a broader consolidation phase.
Bitcoin must hold above the $66,500-$67,000 region to prevent deeper downside pressure, while Ethereum needs to reclaim the $2,080-$2,120 resistance band to restore confidence across the altcoin complex.