Recent fluctuations in cryptocurrency prices have been influenced by external factors such as tariffs and interest rates, alongside a significant hack affecting the Bybit exchange. Bitcoin remains below the $100,000 mark, while Ethereum struggles beneath $3,000.
The crypto fear and greed index indicates a neutral sentiment, with Bitcoin holding a 60% dominance in the market. This week, Bitcoin's trading patterns show potential support at $88,960 and resistance at $109,100.
Additionally, tokens like Optimism and Sui are set to attract attention due to their recent token releases and potential bearish trends. Analysts suggest that Ethereum may face further declines unless it can surpass key resistance levels.
Overall, the market is poised for notable shifts as these cryptocurrencies evolve.
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