The current market session is being dominated by bears, as evidenced by the decline in the global market cap. The total cap currently stands at $2.24T, reflecting a 0.57% drop in the last 24 hours. Additionally, the trading volume has decreased by 41.95% to $34.9B over the same period.
Bitcoin (BTC) has experienced slight gains in today’s session, with its price movements indicating potential oversold conditions. The Awesome Oscillator (AO) is showing a shift in momentum from bearish to bullish, with Bitcoin trading at $60,966 as of press time, representing a 0.37% increase over the last 24 hours.
On the other hand, Ethereum (ETH) has failed to register gains, as indicated by its price movements. The Relative Strength Index (RSI) suggests ongoing consolidation, with Ethereum trading at $3,375, reflecting a 0.27% decrease over the last 24 hours.
Kaspa (KAS) has seen gains in today’s session, with its price above the Ichimoku cloud and a bullish future cloud. However, the Woodies CCI indicates consolidation after recent gains, with Kaspa trading at $0.1899, representing a 6.3% increase over the last 24 hours.
Toncoin (TON) has also experienced gains, with the price above the trend line. However, the Volume Oscillator suggests lower trading volume on up moves, raising questions about the sustainability of the current trend. Toncoin is trading at $7.69, reflecting a 2.5% increase over the last 24 hours.
Finally, Oasis (ROSE) has shown gains in today’s session, with a rising wedge pattern indicating a potential bearish reversal. The ADX suggests moderate trend strength, supporting the rising wedge pattern, with Oasis trading at $0.09848, representing a 2.86% increase over the last 24 hours.
