Bitcoin is on the verge of a trend defining move and if bulls succeed, altcoins could rally higher. From the perspective of most traders, Bitcoin’s current decline continues to represent a buying opportunity for the longer term. BTC turned down from the 20-day exponential moving average $39,127 but is finding support near the trendline of the triangle. This shows that bulls are buying on dips, and bears are selling on rallies.

The Top-10 cryptocurrencies are traded in the green zone. Ethereum +3.8%, Polkadot +2.7%, Uniswap +2.0%.

Market capitalization: $1.72T (+0.5%)
The BTC dominance: 39.56% (-0.3%)
Fear & Greed Index: 15 (Extreme Fear)

https://cryptorank.io/heatmaps

👉 Top Gainers

HYVE.works (HYVE) +46.8%
Dock (DOCK) +34.6%
Perlin (PERL) +27.8%

👉 Top Losers

CumRocket (CUMMIES) -33.1%
SuperBid (SUPERBID) -25.1%
Everipedia (IQ) -17.8%

BTC Futures

Aggregated Volume — $41.3B
Aggregated Open Interest — $9.60B

👉 Derivatives Market Analytics

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