Key Takeaways:
- Total crypto market cap rose to $2.25 trillion, up roughly 2.6% on the day.
- Bitcoin traded near $65,000, gaining about 3% in 24 hours.
- The Fear & Greed Index remained at 11, in “extreme fear” territory.
- Altcoin Season Index at 37 indicates continued Bitcoin dominance.
Even though the market showed some improvement, investor sentiment remained very fearful, as indicated by a Fear & Greed Index score of 11. This suggests continued concern about potential price drops. Additionally, the Altcoin Season Index at 37 indicates Bitcoin is still performing better than most other cryptocurrencies, which is common when investors are avoiding risk.
Bitcoin Stabilizes After Sharp Intraday Swings
Bitcoin traded sideways around $65,000 per coin after briefly reaching $66,300, then falling back down below $65,000.
Recent market data suggests momentum is starting to level off, but it’s not yet showing a clear upward trend. The Relative Strength Index is currently around 46, which indicates a neutral to slightly negative short-term outlook. The MACD is also below zero, at -8.05, although a positive reading of 18.49 suggests that downward momentum is weakening and an upward trend could develop, but hasn’t been confirmed yet.
Traders are keeping a close eye on the $64,800 level as a potential floor for prices. If the price rises and stays above $65,600, it could pave the way for a climb towards the $66,000–$66,300 range, which is seen as a barrier to further gains.
Ethereum, Solana Lead Major-Cap Gains
As a researcher tracking the crypto market today, I observed some positive movement. Ethereum increased by around 3.6%, reaching nearly $1,891. Solana showed even stronger gains, up over 6% and approaching $82. XRP also saw a rise of about 2.5%. However, it’s worth noting that despite these daily increases, most major cryptocurrencies are still down over the past week.
Tether and USD Coin, both stablecoins, largely maintained their value close to one dollar each, showing continued need for easily accessible funds during market uncertainty.
Structure Improves, But Caution Prevails
With the average crypto RSI around 47, the market isn’t currently showing strong signs of being either oversold or overbought. This neutral state, along with ongoing fear among investors, suggests any price increase is likely to be temporary and not a lasting change in direction.
Whether Bitcoin can hold above $65,000 will likely decide if the overall market continues to bounce back, or if it falls back into the recent pattern of declining prices.
This article is for informational purposes only and shouldn’t be considered financial, investment, or trading advice. Coindoo.com doesn’t support or suggest any particular investment or cryptocurrency. Before making any investment choices, be sure to do your own research and talk to a qualified financial advisor.
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2026-02-25 10:05