2386.200
Today
-0.17%
5 Days
-1.93%
1 Month
+30.01%
6 Months
+23.86%
Year to Date
-19.88%
1 Year
-44.29%
Opening Price
2389.380Previous Closing Price
2391.060The cryptocurrency market is pulling back broadly on Wednesday as investors adopt a cautious stance, with Bitcoin (BTC) consolidating near its short-term support at $77,000.
• Rising Treasury yields and a stronger US dollar pressured digital asset risk appetite. • US spot Ethereum ETF inflows moderated and the Coinbase Premium Index turned negative. • Large exchange wallet transfers and leveraged long deleveraging prompted tactical profit-taking.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) remain under pressure on Wednesday, with technical indicators suggesting early weakening momentum across the top three cryptocurrencies following massive gains in August.
Ethereum (ETH) holds above $2,400 on Tuesday after recording a 32.5% gain in August, its best-performing month since July 2025. This marks two consecutive positive months for the top altcoin as it continues its recovery from a nearly 70% drop spanning October to June.
Cryptocurrency prices are broadly consolidating on Tuesday, after the uptrend stalled amid renewed geopolitical tensions in the Middle East last weekend. Bitcoin (BTC)n hovers above $78,000 support as bulls struggle to extend gains.
• Ethereum declined after failing to breach overhead technical resistance near key psychological levels. • Macroeconomic conditions and rising exchange inflows triggered short-term position unwinding and long liquidations. • Technical indicators show a MACD buy signal alongside neutral and overbought conditions.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

The downside prevails as long as 2,436 is resistance, with 2,350 and 2,335 as targets
above 2,436, look for 2,461 and 2,476.
The downside prevails as long as 2,436 is resistance, with 2,350 and 2,335 as targets
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