Although Bitcoin is struggling to recover from its recent crash, Ethereum is pushing toward a new high and prompting several altcoins to rally. The bulls are buying the dips to the $54,000 level as seen from the long tail on the candlesticks of the past three days. However, the buyers have not been able to clear the hurdle at the 50-day simple moving average ($56,769), which has flipped to resistance.
Market capitalization: $2.09T (-1.67%)
The BTC dominance: 48.55% (-0.27%)
Fear & Greed Index: 65 (Greed)
Aggregated Volume — $67.37B
Aggregated Open Interest — $16.80B