The cryptocurrency analytics firm MarktQuant has released a market report that analyzes the current state of the crypto market, focusing on Bitcoin, Ethereum, and Solana. The report highlights key market dynamics, such as Bitcoin's price action and overall market sentiment. Bitcoin is currently consolidating around $62,697, showing resistance after a recent drop. The report also notes an increase in total open interest, suggesting increased market participation and potential for more price movement. While Bitcoin shows potential bullish momentum, cautiousness is advised due to negative forward CVD. Ethereum continues to lag behind Bitcoin and struggles to gain momentum, while Solana is showing early signs of recovery and is an asset to watch.



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