May 12, 2024

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MARKET ANALYSIS:

Market Cap: $2.25 Trillion

24h Volume: $36 Billion

BTC Dominance: 53.2%

ETH Dominance: 15.5%

🔸BK® Health Standard: 40 (1 to 10)

🔸BK® Sentiment: 35% (-100% to 100%)

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BINANCE ANALYSIS (USDT pairs):

Top Gainers

1. RARE: +32%

2. AERGO: +13%

3. TRB: +9%

Top Losers

1. ARK: -10%

2. CITY: -9%

3. FRONT: -8%

BINANCE FUTURES:

Top Gainers

1. TRBUSDT: +10%

2. TNSRUSDT: +9%

Top Losers

1. ARKUSDT: -10%

2. FRONTUSDT: -9%

LARGEST VOLUME (24h)

1. BTC/USDT ($13000m)

2. ETH/USDT ($6100m)

DAILY OUTLOOK

RARE, AERGO, and TRB are currently leading the market in gains. Meanwhile, BTC appears to be consolidating within a tight range, signaling uncertainty among traders. The upcoming weekly candle close holds significant importance, as it will provide insight into market sentiment. Bulls must maintain support levels around $60K-$59K to sustain momentum; failure to do so could trigger further market correction.