Market analysis:
Market cap: $2.62 trillion
24-hour trading volume: $169 billion
BTC market share: 51.7%
ETH market share: 17%
BK® Health Standard: 54 (1 to 10)
BK® Sentiment Index: 50% (-100% to 100%)
Binance Analysis (USDT Trading Pair):
The biggest increase
1. YUP：+52%
2. RAY：+47%
3. PYTH: +31%
The biggest drop
1. WIF：-18%
2. KING：-17%
3. BABY：-10%
Binance Futures:
The biggest increase
1. JUPUSDT：+53%
2. PYTHUSDT：+31%
The biggest drop
1. WIFUSDT：-17%
2. MYROUSDT：-16%
Maximum trading volume (24 hours)
1. BTC/USDT ($630 billion)
2. ETH/USDT ($270 billion)
daily outlook
JUP, RAY and PYTH became market leaders. BTC is showing signs of regaining momentum, while BTC.D is showing a downward trend, potentially signaling a bullish stance on alternative cryptocurrencies (Alts). However, keeping a close eye on the weekly candlestick closes is crucial to further understand the market direction.
