Looking at the crypto market charts over the past 24 hours, one thing is very clear... the market is currently in a sideways or range-bound situation. Prices are fluctuating within a certain range, with no major breakthroughs or crashes. The total global crypto market capitalization is currently stable at $2.57 trillion, slightly up from the previous day.

First, if we look at the Bitcoin chart, we can see BTC hovering between $76,100 and $77,650. It is currently trading close to the $77,500 resistance level. However, from the chart, it appears there is quite strong technical selling pressure or resistance above $78,000. If we examine the trading volume overview, it’s clear that buyers are attempting to push the price, but each time it enters that zone, it faces rejection. Momentum is somewhat limited, so breaking through this resistance may be difficult without fresh macroeconomic news or liquidity injections. On a positive note, Bitcoin’s dominance remains above 60.8%, clearly indicating that the main capital in the market is still safely staying in Bitcoin.
On the other hand, the Ethereum chart might be a bit concerning. ETH is currently struggling around $2,120. It has lost the very important $2,200 support level over the past few days. This price decline is mainly due to the continued outflow of spot ETF funds. However, it’s worth noting that outside of liquidity charts, there is positive data — Tom Lee’s Fundstrat also bought a large amount of Ethereum last week. According to the chart, if Ethereum cannot hold the $2,100 support, we might see more corrections.
Looking at the altcoin market, we see mixed performance. BNB remains steadily above $660. However, today’s biggest gain on the chart comes from Near Protocol (NEAR), which rose nearly 13% due to their dynamic sharding news and whale accumulation. On the other hand, news about Ondo Finance (ONDO) CEO’s sudden death caused the token to drop nearly 7% on the chart.
TradingView’s Fair and Grid Index is currently at 34, indicating the market still has some fear or ‘Fear’. As long as BTC stays above the $77,000 support, there is no major fear of a decline. However, waiting for this resistance zone to be broken before entering would be wiser.