📉 Crypto Market 24h: Slowing Pace, Waiting Sentiment


After a period of strong volatility (especially compared to the price levels in January), the cryptocurrency market is entering a consolidation phase with a narrower range.
1. Bitcoin (BTC): Struggling in a Narrow Range
24h Volatility: BTC has moved steadily between $67,500 and $68,690. This is a relatively narrow range (about 1.7%), indicating that buying and selling pressure are fairly balanced.
Opening today (February 22nd): With an opening price of $67,970, BTC is right in the median of the past 24 hours. This reflects the cautious sentiment of institutional investors.
Quick Technical Analysis: The $68,700 level is becoming a short-term psychological resistance level. If it fails to break through this area this afternoon, BTC is highly likely to re-test the $67,000 support zone.
2. Ethereum (ETH): Challenging the $2,000 Psychological Barrier
Opening Price: ETH started the day at $1,970.
Analysis: The fact that ETH is still trading below $2,000 while BTC is anchored near $68,000 suggests that current capital flows are prioritizing "digital gold" over Altcoin platforms. The $2,000 level remains a crucial psychological barrier that ETH needs to overcome to trigger a new wave of growth for the DeFi ecosystem.
🔍 Digital Finance Market Outlook Analysis
The digital finance market this morning is being influenced by several macroeconomic factors:
Correction from the January peak: Compared to the $92K-$95K price level in mid-January, the current market has experienced a significant discount (approximately 27%). This could be a consequence of tightening regulations on digital assets or a shift of funds towards traditional ETFs as interest rates show signs of change.
Greed & Fear Index: Currently at Neutral. After sharp declines, investors have become less enthusiastic and are prioritizing observing Q1 financial reports from major technology companies.
#SachtonyMartket #BTC #ETH #ICP #GT
BTC-0,84%
ETH-1,46%
ICP-5,87%
GT-1,51%
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