The global cryptocurrency market cap has risen to $2.26 trillion, marking a 2.66% increase in the past 24 hours. However, trading volume has decreased by 1.14% to $66.23 billion. Bitcoin ($BTC ) is experiencing a period of low volatility, with its price nearing the lower band, suggesting a potential oversold condition or consolidation phase. Currently trading at $62,956, Bitcoin has seen a 1.69% decline in the last 24 hours. The Money Flow Index (MFI) at 41 indicates neutral conditions, but falling below 20 could signal an oversold condition and potential reversal.
Ethereum ($ETH ) is also showing no gains, with a current price of $2,678, down 2.46% over the past day. The Alligator indicator is converging, suggesting market indecision. The Woodies CCI at -99 points to a potential oversold condition, and a crossover of the red and green lines could indicate an upside reversal.
In contrast, Helium ($HNT) is up 12.27%, trading at $7.07. The price is hovering around the cloud, indicating a neutral trend, but a breakout above the cloud could signal a bullish trend. The Volume Oscillator at 5.50% shows increasing volume, which may support further price movement.