INSUBCONTINENT EXCLUSIVE:
The cryptocurrency market is showing signs of recovery this morning after experiencing significant volatility yesterday
The global crypto market cap has increased, with total trading volume also rising.Despite this recovery, market sentiment remains cautious,
significantly, briefly touching $83,000 during early Asian trading hours
Ethereum is currently priced at $1,880.70, down in the last 24 hours.ETH continues to struggle, fluctuating between the crucial support
level of $1,750 and resistance at $1,960
ETF, which has sparked investor interest
(Photo Internet reproduction)SOL has attempted to hold the key support region established last year in the $120 range
Gainers:WFTM: An extraordinary increase in the past 24 hoursKaspa (KAS): Up among major altcoinsTop Losers:Ethena (ENA): Down, making it the
The sell-off was triggered by growing concerns about United States trade policies and fears of an economic recession.Spot Bitcoin ETFs
recorded outflows, with funds exiting the funds
Digital asset investment funds collectively saw outflows last week.The most significant development yesterday was the introduction of the
Bitcoin Act of 2025, which proposes the acquisition of BTC over five years with a lockup period
This news contributed to the late-day recovery across crypto markets.Overnight DevelopmentsOvernight, the crypto market showed signs of
stabilization and recovery
Bitcoin briefly touched $83,000 during early Asian trading hours before settling around the $82,000 level
The rebound was accompanied by a significant decrease in liquidations, providing some relief to prices.IntoTheBlock data showed large
transaction volume increasing and daily active addresses growing
Transactions greater than $100,000 increased, with exchange netflows up.Expert AnalysisGeoff Kendrick, Head of Digital Asset Research at
indicating potential reversal
from the pivotal support level and is likely to rise to the resistance level of $85,000
support level has been breached
If ETH fails to reclaim this level, it may encounter buying interest around $1,730
The cryptocurrency has been forming a rounded bottom pattern with RSI dropping below 30, indicating oversold conditions.XRP faces a crucial
moment as it tests the $2.00 support level
The cryptocurrency could recover if it maintains this level, but a drop is possible if support fails.Solana has fallen to the $120-$125 zone
after consecutive weeks of losses
This area represents a key support level, and a weekly close below this range could trigger a deeper pullback.Market DriversSeveral key
factors are driving current market dynamics:1
Trump Administration Policies: Concerns about reciprocal tariffs have contributed to risk-off sentiment.2
Bitcoin Act of 2025: The proposed legislation has sparked renewed interest in the market.4
Institutional Positioning: Hedge funds unwinding low-risk arbitrage trades have contributed to decreased liquidity.5
(HEMI), an L2 blockchain, has its mainnet launch.Athene Network (ATH) mainnet launch.CME Group launches Solana (SOL) futures.The
cryptocurrency market remains at a pivotal juncture, with technical indicators suggesting further consolidation may be necessary before a
clear direction emerges.Traders should remain vigilant for potential volatility as market participants digest recent policy developments and
