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Analysis

📈Market Overview

  • May 27, 2021

Altcoins moved higher while a lack of buy volume prevented Bitcoin and Ethereum price from breaking out after the completion of a bullish inverse head and shoulders pattern. After an early morning attempt by Bitcoin bulls to drive (BTC) price above $40,000 was met with stiff resistance, the digital asset lost momentum and slumped back to the $38,000 support level.

The entire Top 10 is traded in the red zone. Internet Computer -9.3%, Ripple -5.8%, Dogecoin -5.6%.

Market capitalization: $1.73T (-3.6%)
The BTC dominance: 41.19% (+0.34%)
Fear & Greed Index: 27 (Fear)

https://cryptorank.io/heatmaps

👉 Top Gainers

Telos (TLOS) +230.4%
SuperBid (SUPERBID) +95.5%
Skale (SKL) +60.6%

👉 Top Losers

Dfyn (DFYN) -22.9%
Ecomi (OMI) -17.5%
Lido DAO Token (LDO) -17.0%

BTC Futures

Aggregated Volume — $59.42B
Aggregated Open Interest — $7.92B

👉 Derivatives Market Analytics

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