BTC seems to be finding its footing around the 20-day moving average—a level that's actually holding up pretty well as support. Worth keeping an eye on whether this zone continues to act as a floor.
Market caps are slightly in the red today: total crypto market down 0.36% sitting at $3.086T, while altcoins (TOTAL2) slipped 0.32% to $1.255T. Nothing dramatic, just some consolidation.
Interesting stat: decentralized exchanges powered by a certain infrastructure protocol processed over $149M in trading volume during the past 24 hours. That's solid throughput for on-chain activity.
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¯\_(ツ)_/¯
· 12-06 07:00
If the 20-day moving average can hold this time, it means there are still people defending it, but the real test is yet to come.
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ProofOfNothing
· 12-05 13:54
The 20-day moving average is holding up pretty well; now it depends on whether it can withstand the pressure...
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GasFeeNightmare
· 12-05 13:52
The 20-day moving average is being firmly defended. Is it really holding steady this time?
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AllInDaddy
· 12-05 13:44
The 20-day moving average does seem to be holding as a support level, but how long it can hold will depend on subsequent moves.
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BlockBargainHunter
· 12-05 13:34
Holding firmly above the 20-day moving average—this is the real confidence.
BTC seems to be finding its footing around the 20-day moving average—a level that's actually holding up pretty well as support. Worth keeping an eye on whether this zone continues to act as a floor.
Market caps are slightly in the red today: total crypto market down 0.36% sitting at $3.086T, while altcoins (TOTAL2) slipped 0.32% to $1.255T. Nothing dramatic, just some consolidation.
Interesting stat: decentralized exchanges powered by a certain infrastructure protocol processed over $149M in trading volume during the past 24 hours. That's solid throughput for on-chain activity.