Total capitalization of the Crypto Market (Totalcap) and Bitcoin (BTC) are maintaining support levels, even with mixed signs affecting altcoins performance. While the BTC presented recovery, most altcoins continue to suffer from low pressure, onyxcoin (XCN) leading losses, recording a 14%drop.

In today’s news (7):

• The latest Binance market insight report highlights the growth of memecoins and the increase in ETF requests, with over 37 million tokens in circulation, most of the Solana network. Currently, there are 47 active requests of ETFs in the US, reflecting the growing institutional interest. Despite the general gains of the market in January 2025, AI -related crypto projects suffered significant losses due to the impact of DeepSeek.
• Deribit is prohibiting Russian users due to sanctions from the European Union, despite being based in Dubai, but subject to Dutch regulations. The decision may harm Deribit more than the Russian crypto community, where other exchanges still dominate the market.

The Crypto Market maintains support

Total capitalization of the crypto market is supporting US $ 3.09 trillion, currently at US $ 3.12 trillion. This stability demonstrates resilience between the main cryptocurrencies, avoiding a more pronounced fall.

Despite neutralizing losses in the last 24 hours, the total capitalization of the market has not yet been able to break the resistance of US $ 3.16 trillion. This level remains a crucial barrier for greater growth. If the market is unable to exceed it, it can be consolidated below this limit, delaying a possible high-term momentum momentum.

A successful break from the $ 3.16 trillion barrier can boost a rally to $ 3.28 trillion, signaling a change in market sentiment. This movement would invalidate the perspective of low and strengthen confidence in the cryptocurrency sector.

Bitcoin Tenta recovers

The price of Bitcoin demonstrated resilience, rising to $ 97,421 after recovering from the lower trend line of its ascending wedge standard. This movement indicates a possible continuation of the high trend, provided that the purchase pressure remains strong.

The next critical resistance to Bitcoin is $ 100,000, an important psychological and technical level. If the BTC surpasses this brand, a more significant high movement may occur.

However, cryptocurrency is still vulnerable to corrections. A drop below $ 97,000 can expose it to a retreat to $ 95,668, potentially weakening the feeling of investors in the short term.

If Bitcoin can recover the $ 100,000 as support, this can pave the way for new gains. The next high target is $ 105,000, which can attract a new buyer interest. This movement would reinforce Bitcoin’s optimistic structure, reducing recent losses.

Onyxcoin records a strong fall

The price of XCN has plummeted 14% in the last 24 hours, becoming the worst performance cryptocurrency among the 100 main assets. This strong drop has raised concerns between investors, as the sales pressure continues to increase. If the low momentum persists, XCN may have difficulty recovering in the short term.

Currently negotiated at US $ 0.0258, XCN is still above its crucial support at $ 0.0237. However, continuous salesman can push Altcoin below that level. If this happens, the asset may face new losses, increasing the feeling of low. Break below $ 0.0237 can trigger more sales by intensifying the risk of falling.

On the other hand, a recovery from the $ 0.0237 support can signal a possible reversal. If the purchase pressure increases, XCN can rise toward $ 0.0358, recovering recent losses. A break above this level of resistance would invalidate the perspective of low.