The post Daily Market Review: BTC, ETH, ONDO, FLR, LTC appeared on BitcoinEthereumNews.com.

The bulls are in total control in today’s session, as seen from the increase in the global market cap. The total cap stood at $3.55T as of press time, representing a 1.65% increase over the last 24 hours, while the trading volume jumped by 15.4% over the same period to stand at $130.13B as of press time.  Bitcoin Price Review Bitcoin, $BTC, is posting gains in today’s session, as seen from its price movements. Looking at an in-depth analysis, we see that BTC is trading slightly above the 100-SMA ($102,492.98) and near the 50-SMA ($103,635.72), indicating short-term support. The 200-SMA ($99,026.76) remains the strongest long-term support level. On the other hand, we see that the ADX (14) at 14.32 suggests a weak trend, implying consolidation or a lack of strong momentum in either direction. Bitcoin traded at $105,142 as of press time, representing a 2.39% increase over the last 24 hours. 4-hour BTC/USD Chart | Source: TradingView Ethereum Price Review Ethereum, $ETH, is also among the gainers in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that ETH is trading near the middle Bollinger Band (20-SMA), indicating a neutral stance. The Ethereum price has recently tested the lower Bollinger Band ($3,049.00) and bounced, indicating buying pressure. On the other hand, we see that the Volume Oscillator is at -0.81%, suggesting weakening volume, which may lead to range-bound movement. Ethereum traded at $3,194 as of press time, representing a 1.27% increase over the last 24 hours. 4-hour ETH/USD Chart | Source: TradingView Ondo Finance Price Review Ondo Finance, $ONDO, is also among the gainers in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that ONDO has broken above the Ichimoku Cloud, signaling a potential bullish…

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Filed under: News - @ January 30, 2025 3:25 pm