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The global cryptocurrency market showed strong recovery in the last 24 hours, with Bitcoin bouncing back to $113,900 after testing weekly lows. The move comes as traders spot bullish divergences on the charts, sparking hopes of a mid-week trend reversal. Other major coins, including Ethereum, Solana, XRP, and BNB, also witnessed healthy activity as investors weighed whale movements and ultra-low volatility levels.
Market Overview
The crypto market today remains in a cautious but optimistic zone. Bitcoin’s bullish divergence on RSI and record-low volatility hint at a potential explosive move, similar to historic rallies. However, whale-sized entities selling over 147,000 BTC since August continues to pressure the market. Despite this, low exchange reserves and muted trader positioning suggest limited downside risk.
If BTC holds above $113,400 and reclaims key moving averages, analysts believe a push toward $115,000 could be next. The broader market also reflects renewed momentum, with Solana leading gains and BNB nearing a psychological resistance.
• Bitcoin’s RSI divergence sparks optimism after sharp sell-offs.
• Volatility at record lows, suggesting a “calm before the storm.”
• Whales trimming holdings, but low exchange supply may offset selling pressure.
• Altcoins show strength, led by Solana and BNB.
Today’s 24-Hour Top 5 Coins
| Coin | Price (USD) | 24h Change | Market Cap |
| Bitcoin (BTC) | $113,900 | +2.1% | $2.28T |
| Ethereum (ETH) | $4,395 | +1.4% | $529B |
| Solana (SOL) | $226 | +5.2% | $122B |
| XRP (XRP) | $3.05 | +1.9% | $181B |
| BNB (BNB) | $905 | +3.0% | $1.03T |
The market is currently in a balancing act whale distribution vs. supply tightening. If bullish signals hold, the next decisive breakout could be around the corner.
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