🚀 In the past 24 hours, the cryptocurrency market rose by 1.57%, and this growth was mainly driven by activity from institutional investors. The market’s correlation with the S&P 500 is as high as 80%, suggesting it is influenced by shared macroeconomic factors.

1. Main reason: due to U.S. Treasury repo operations and record spot Bitcoin ETF trading, a large amount of institutional capital has poured in.

2. Secondary reason: large-scale short squeezes and a broad shift of funds toward altcoins and network meme tokens.

3. Short-term market outlook: whether the upward momentum can continue depends on the sustained inflow of ETF funds. Breaking below the $2.86T Fibonacci support level may indicate a pause in the recovery process.

💥 Liquidation alert:

In the past 24 hours, a total of 83,576 traders were liquidated across the entire network, with total liquidation value of $267 million. Long liquidations were $92.6463 million, and short liquidations were $174 million.

📊 Performance of major coins:

1. Bitcoin (BTC): Price around 864,422, up 1.22% in the past 24 hours

Bitcoin finished consolidating yesterday, and the repair on the smaller timeframe is basically done. A bullish pattern has appeared. As long as 86,000 holds, it can keep pushing higher—first look at 88,000–90,000, with a medium-term target of 95,000. If the 4-hour close today breaks below 86,000, then it may pull back first; look at 85,000. In an extreme spike, it could drop to 81,000.

2. Ethereum (ETH): Price around 2752, up 0.85% in the past 24 hours

Ethereum: also has a bullish pattern on a smaller timeframe today. Key support is 2740. As long as 2740 holds, there’s a chance to push higher again. The initial target is around 3000, with a medium-term target of 3500. If today’s 4-hour close breaks below 2740, it may pull back again and test lower, with downside levels at 2700–2640–2600.

3. BNB: Price around 791, up 0.62% in the past 24 hours

BNB is also showing a bullish pattern on a smaller timeframe today. Support to watch is 788. As long as it holds and doesn’t break, the trend can continue to surge higher. The initial targets are around 810–850, and the medium-term targets are 900–950. If today’s 4-hour close breaks below 788, then it may pull back again and probe lower, with targets at 765–755.

4. SOL: Price around 118, up 1.82% in the past 24 hours

SOL also shows a bullish pattern on a smaller timeframe today. Near-term support is 117–115. First, see whether 117 can hold. If it doesn’t break, it can continue to surge higher, with targets around 123–125 and a medium-term target of 140–150. If today’s 4-hour close breaks below 115, then it may pull back and probe lower again, with targets at 110–107.

🌡️ Market sentiment:

Today, the total market cap of cryptocurrencies is about $3.07 trillion, and the total trading volume in the past 24 hours is about $12.2 billion.

Current market sentiment is 77 (greed). The total market cap is also up sharply on the weekly chart. However, leverage is stacked high, and the Fear & Greed Index dipped slightly, suggesting this rally is in the latter half, with increasing volatility risk.

Crypto top gainers and losers today🔥

📈 Biggest Top 3 Gainers:

1. TAKE: Price $0.09008, up 54% in the past 24 hours

2. NIL: Price $0.10859, up 46% in the past 24 hours

3. MARSCOIN: Price $0.1328, up 36% in the past 24 hours

📉 Biggest Top 3 Decliners:

1. ONE: Price $0.002879, down 25% in the past 24 hours

2. XNO: Price $0.379, down 13% in the past 24 hours

3. LSK: Price $0.3132, down 110% in the past 24 hours

✨ Performance of other major coins:

Dogecoin (DOGE): Price $0.10263, up 2.38% per hour

TRON (TRX): Price $0.3441, down 1.46% in the past 24 hours

Cardano (ADA): Price $0.2599, up 5.52% in the past 24 hours

Hyperliquid (HYPE): Price $97.503, up 3.41% in the past 24 hours

Avalanche (AVAX): Price $11.198, up 4.25% in the past 24 hours

Stellar (XLM): Price $0.2226, up 44.70% in the past 24 hours

Sui (SUI): Price $1.0346, up 1.55% in the past 24 hours

Chainlink (LINK): Price $13.069, up 0.79% in the past 24 hours

Hedera (HBAR): Price $0.10025, up 7.77% in the past 24 hours

Bitcoin Cash (BCH): Price $356.2, up 34.11% in the past 24 hours

Shiba Inu (SHIB): Price $0.00000619, up 3.17% in the past 24 hours

Litecoin (LTC): Price $64.14, up 5.15% in the past 24 hours

Pepe hiba Inu (PEPE): Price $0.00000502, down 1.57% in the past 24 hours