The total capitalization of the Crypus Market (Totalcap) has earned $ 77 billion today, but has not completely recovered. Bitcoin (BTC) is $ 97,500, remaining below a key resistance level. Among the altcoins, the pancakeswap (cake) led the gains, firing 56% in the last 24 hours.

In today’s news (13):

• Hackers attacked the finance World Liberty co -founder Zach Witkoff using his X account to promote a false Barron Trump -based memecoin. Despite the removal of the post by moderators, the price of Barron did not fall, highlighting the increase in blows involving political memecoins in the cryptian community.
• The founders of Hashflare, Sergei Potapenko and Ivan Turogin, declared themselves culprits for conspiracy for electronic fraud, leading the Justice Department to remove almost 20 accusations. They seek lighter penalties when cooperating, while prosecutors were criticized for exaggerating the case and discredited key witnesses.

The crypto market is on the rise

The total capitalization of the Crypus Market (Totalcap) rose US $ 77 billion on the last day, reaching US $ 3.18 trillion and breaking the critical resistance of US $ 3.16 trillion. This movement indicates a possible transition to a momentum of high, giving hope to investors of new earnings in the coming days.

After spending a week below $ 3.16 trillion, consolidating this level as a support can allow Totalcap to rise to $ 3.28 trillion. Confirmation of a tall trend would come if the points of the parabolic sar move below candlesticks, signaling continuity in the optimistic impulse and increasing the confidence of investors in the market.

If Totalcap loses the support of US $ 3.16 trillion, it can retreat for a consolidation period, testing support at $ 3.09 trillion. If you cannot keep above this level, new falls can occur, potentially pushing total market capitalization below US $ 3.09 trillion and signaling a change to low conditions.

Bitcoin still faces resistance

The price of Bitcoin performed a relatively positive performance on the last day. However, considering the current market conditions, the BTC will need stronger optimistic signs to support its momentum. Without significant market support, Bitcoin can face difficulties in overcoming critical resistance, limiting its high potential.

The recent increase in US consumer price index (CPI) over 3% per year had a negative impact on Bitcoin’s price, reflecting broader economic concerns. Nevertheless, the BTC managed to rise to $ 97,500, approaching the key level of $ 100,000. A stronger market feeling can help BTC break this resistance.

Bitcoin remains below its 200 -day exponential moving average (EMA), a crucial resistance level. If the BTC cannot break this barrier, it may have difficulty keeping the momentum, making it harder to reach $ 100,000. In this case, the price may continue to be close to the $ 95,869 support.

Pancakeswap recovers two months losses

Pancakeswap (Cake) was the best performance assets of the day, rising almost 56% in the last 24 hours. Cake is currently being negotiated at $ 3.06. This recent price increase reflects the growing interest of investors and brings an optimistic perspective for Altcoin in the short term.

Cake currently faces resistance at $ 3.13. If Altcoin can turn this resistance into support, it will consolidate its recent gains and help investors recover accumulated losses in the last two months. This level can serve as an important basis for continuous ascending movement.

However, if the cake cannot break $ 3.13, it may be retreated as investors make profits. An unsuccessful break can lead to a fall back to $ 2.25 support, erasing recent gains. In this scenario, the high momentum can weaken, increasing the chances of new falls.