Bitcoin’s price has fallen below the important 95,000 USD level, highlighting market fragility and fears of further declines. Despite support above the 200-day moving average, the Relative Strength Index at 46.77 indicates weakening momentum. Failure to breach the 97,500 USD resistance may lead to deeper corrections.
The total cryptocurrency market cap has decreased by 3.24% in the last 30 days, now standing at 3.24 trillion USD. With stablecoin dominance rising by 1.86%, investors are showing increased caution. The neutral Altcoin Season Index and the Fear and Greed Index indicate a shift towards caution in the crypto market.