Overview
- Total crypto market value is around $3.0 trillion, with bitcoin up about 1% near $89,000 and ether hovering around $3,000.
- Altcoins showed selective strength led by Cardano rising roughly 6–7%, with Sui and Pepe also advancing as broader participation remained limited.
- Derivatives metrics indicate cooling leverage, with open interest down about 3% to $128 billion and 24-hour liquidations dropping to roughly $126 million.
- Sentiment improved but stayed cautious, with the Crypto Fear & Greed Index in the fear zone around 28–34 and the Altcoin Season Index near 21 signaling bitcoin dominance.
- Analysts anticipate bitcoin consolidating around $85,000–$93,000 with potential moves toward $100,000–$105,000 if liquidity and spot-ETF inflows build.