CandleFocus Daily Market Review: BTC, ETH, ENA, AIOZ, FTM
2024-12-20
Author: Content Editor
The global market cap has decreased, with a 5.72% increase in the last 24 hours. Bitcoin has not made any gains and has dipped below the lower Bollinger band, indicating an oversold condition. Ethereum has also not seen any gains and has broken below the 200 SMA, signaling strong selling pressure. Ethena is experiencing a bearish trend below the Ichimoku Cloud, and AIOZ Network is in a consolidation phase with no clear trend. Fantom has seen a sharp price decline but with decreasing volume, suggesting a possible stabilization or reversal.
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