2518.680
Today
+1.93%
5 Days
+13.62%
1 Month
+31.71%
6 Months
+24.11%
Year to Date
-15.50%
1 Year
-45.04%
Opening Price
2482.220Previous Closing Price
2469.770Cryptocurrency prices are broadly edging higher on Thursday, led by Bitcoin’s (BTC) uptick near $80,000. Altcoins mirror Bitcoin’s short-term bullish outlook, with Ethereum (ETH) trading above $2,500 and Ripple (XRP) hovering above its key $1.40 support.
• Ethereum capital inflows were driven by sustained institutional accumulation via spot ETFs. • On-chain supply constraints and native staking restricted immediate spot availability and liquid float. • Derivatives showed stable funding rates while technical indicators signaled overbought market conditions.
After Ethereum (ETH) gained over 30% last week, bulls have begun dominating its net taker volume. The 30-day moving average of the metric flipped positive last week, indicating immediate market activity in perpetual futures leans toward the upside.
Bitcoin (BTC) has retained a strong bullish outlook since last week, trading around $79,000 on Wednesday. As the Crypto King consolidates, bulls appear to be mulling another breakout attempt to reclaim $80,000 and push beyond the supply zone at $82,500.
• Favorable macro liquidity and spot ETF demand drove capital inflows into Ethereum. • Protocol upgrades and corporate treasury adoption reinforced Ethereum's long-term value proposition. • Technical indicators like the RSI and Williams %R suggest overbought market conditions.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are facing downside pressure near key psychological thresholds as last week's double-digit rally loses momentum. The pullback reflects near-term corrective measures as traders book profits.
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 upside prevails as long as 2,467 is support, with 2,575 and 2,593 as targets
below 2,467, expect 2,438 and 2,421.
The upside prevails as long as 2,467 is support, with 2,575 and 2,593 as targets
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