Bitcoin broke the weekly maximum value

The global cryptocurrency market is once again showing signs of recovery. Total capitalization rose to $ 3.15 trillion, up 1.07% from the previous day. The increase in trading volumes indicates healthier activity on the spot market, and the restrained volatility indicates an attempt to form a more stable base after the recent fluctuations.

Bitcoin BTC $69,842.65 Mezo Wrapped BTC 1.49% Market capitalization $40.72 million VOL. 24 hours $1.27 billion holds its position above $ 92 thousand and is trading at $ 92,596 (1.37%). The key barrier to further upward movement is the $ 93,800−96,200 zone, while support remains near $ 90,200 and $ 88,500. Open interest in derivatives rose to $ 59.76 billion, reflecting a moderate increase in bullish sentiment.

Ethereum ETH $2,088.70 Bridged Ether (StarkGate) 1.54% Market capitalization $47.4 million VOL. 24 hours $0.46 billion also shows stability, trading around $ 3,152 (0.5%). The breakout above $ 3,100 has improved the short-term market structure. The next targets for buyers are $ 3,380 and $ 3,550, while support is at $ 3,100 and $ 3,000. Despite a slight decline in open interest, activity in staking and Layer-2 solutions maintains a positive background.

Among the altcoins, Avalanche AVAX $9.62 Avalanche 4.77% Market capitalization $4.15 billion VOL. 24 hours $17.85 million rose to $ 14.14 (1%), Arbitrum (ARB) — to $ 21.43 (1.46%), and XRP added more than 3% to reach $ 2.12. Litecoin, on the other hand, fell to $ 81.92 (-0.6%). There is a surge in the meme token segment: Pepe grew by 11%, Dogwifhat by 12%, which is explained by speculative interest and community activity.

Overall, the market is showing a gradual recovery of confidence. To confirm a more constructive scenario, bitcoin should gain a foothold above $ 93,800, and Ethereum should break through $ 3,380. If the current support levels are lost, a return to consolidation is possible, but the current dynamics indicate that investor sentiment is strengthening.