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Daily Market Review: BTC, ETH, BONK, SEI, TIA

Daily Market Review: BTC, ETH, BONK, SEI, TIA

The bulls are back in control of the market today, leading to an increase in the global market cap. The total cap now stands at $2.08T, representing a 0.92% increase over the last 24 hours. Additionally, the trading volume has jumped by 82% to reach $97.5B during the same period.

Bitcoin (BTC) is currently not among the gainers. The price of BTC is trading around the middle band, suggesting a neutral position with the potential for a breakout. However, the Woodies CCI indicator shows a value of 75.19, indicating bullish momentum. As of press time, Bitcoin traded at $57,160, representing a 2.4% increase over the last 24 hours.

Ethereum (ETH) has posted gains today. The moving averages of the Alligator indicator are starting to spread out, indicating the beginning of a new trend. The price is currently above the lips and teeth, suggesting bullish momentum. The ADX is at 35.57, indicating a strong trend. Ethereum traded at $3,063, representing a 4.5% increase over the last 24 hours.

Bonk (BONK) is one of the gainers today. The chart shows a recent buy signal as the price broke above the Supertrend line, indicating a strong upward movement. The volume oscillator also shows an increase in trading volume, supporting the upward trend. Bonk traded at $0.00002622, representing a 21.4% increase over the last 24 hours.

Sei (SEI) is another gainer today. The Sei price is currently below the Ichimoku Cloud, indicating a bearish trend. However, it is close to breaking into the cloud, which could signal a potential reversal. The Volume Oscillator is at 4.86%, indicating increased trading activity. Sei traded at $0.3029, representing an 11.32% increase over the last 24 hours.

Celestia (TIA) is also among the gainers today. The price is moving within the boundaries of the Pitchfork channel, currently near the upper boundary, which acts as resistance. The Woodies CCI indicator shows a value of 98.951, indicating strong bullish momentum. Celestia traded at $6.14, representing an 11.70% increase over the last 24 hours.