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๐ #CryptoMarketWatch โ Market Pulse Update
๐ The crypto market starts the week with a mix of calm consolidation and cautious optimism.
๐ฐ Bitcoin (BTC) hovers around $109K, holding its ground near key support. Traders are watching closely to see if it can regain momentum toward the $114Kโ$120K zone.
โ๏ธ Ethereum (ETH) trades near $3,180, showing relative strength as network activity picks up ahead of upcoming L2 updates.
๐ฅ Solana (SOL) remains the altcoin standout โ hovering around $195, maintaining bullish momentum despite mild profit-taking.
๐ถ DOGE and SHIB stay flat, while XRP trades sideways near $0.57, reflecting overall range-bound sentiment.
๐ Market Overview:
BTC Dominance: ~52%, signaling continued capital preference for major assets.
Global Crypto Market Cap: ~$2.74 T โ steady week-on-week.
24H Volume: Cooling off slightly after the last volatility spike, suggesting traders are waiting for the next macro catalyst.
๐ก Analyst Take:
The market currently sits in a โdecision zone.โ
If Bitcoin breaks above $114K, we could see momentum extend toward new highs; failure to hold above $108K may invite short-term pullbacks. Meanwhile, investor sentiment remains neutral-to-bullish โ a healthy balance for a potential next leg up.
๐ Watchlist This Week:
๐น BTC โ resistance at $114K
๐น ETH โ support at $3,050
๐น SOL โ trend continuation potential
๐น GT โ mid-range accumulation opportunity
โ#BTC #ETH #SOL #DOGE