Daily Analysis: BTC, ETH,

Markets are on bear activity today, with

the global market cap sitting 0.03% below

its previous 24-hour mark, as the total cap

stands at $1.26T as of press time. The fear

and greed index is at 71, as greed now

dominates. The global trading volume is

33% down in 24 hours, at $33.4B as of press time.

Bitcoin price analysis.

Bitcoin (BTC) has started on slight bull activity, as Bitcoin price stood at $34.1K as of press time after recording a daily increase of 0.43% and a weekly rise of 14.6%. As a result of the Bitcoin price, the token's trade volume dropped by 41% during the same period and is presently at $8.7B.

The Bollinger bands are now diverging, showing high volatility levels on Bitcoin Price. The Relative Strength Index (RSI) is above the average line in the overbought, showing bull dominance on Bitcoin price.

Ethereum price analysis.

Ethereum (ETH) has also started on slight bull activity, as Ethereum price stood at $1791 after recording a daily increase of 0.11%, as the weekly rise now stands at 9.7%. ETH's trade volume dropped by 44% during the same period and is presently at $3.7B.

The Bollinger bands diverge, showing high volatility levels on Ethereum Price as the Relative Strength Index (RSI) moves above the average line close to the overbought region, showing bull dominance on Ethereum price.