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The total crypto market cap (TOTAL) and Bitcoin (BTC) have not managed to post any sharp gains over the last 24 hours. However, thanks to the little bullishness emanating from them, altcoins seem to be noting a surge. Pump.fun (PUMP) is emerging as the best performing token of the day, rising by 13%.

In the news today:-

The Crypto Market Is Holding On

The total crypto market cap stands at $3.82 trillion, recording a $13 billion increase over the past 24 hours. At the time of writing, TOTAL remains just above the $3.81 trillion mark. This recovery signals a slight improvement in sentiment following a period of heightened market volatility earlier this week.

Macro financial conditions appear moderately bullish, providing space for the crypto market to stabilize. TOTAL is expected to hold above the $3.81 trillion support, creating potential for further gains. A continued uptrend could push the total market cap past $3.89 trillion in the coming days if momentum holds.

Total Crypto Market Cap Analysis.
Total Crypto Market Cap Analysis. Source: TradingView

If TOTAL fails to sustain support at $3.81 trillion, the market cap could decline toward $3.73 trillion. Such a move would erase recent gains and register losses for investors. A drop to this level would highlight renewed selling pressure, shifting the broader market’s trajectory back toward a bearish outlook.

Bitcoin Needs To Reclaim Support

Bitcoin price rebounded from a month-and-a-half low of $110,000, now trading at $111,477. The crypto king is positioned just below the $112,500 resistance level. This recovery highlights renewed buyer activity, though the proximity to resistance will determine whether Bitcoin can extend its momentum or face another temporary pullback.

If Bitcoin flips $112,500 into support, the cryptocurrency could climb toward $115,000. Sustained investor participation will be crucial for this move, as confidence and liquidity often dictate short-term performance. A breakout above $115,000 would mark a stronger recovery, reinforcing Bitcoin’s resilience after weeks of pressured price action across the market.

Bitcoin Price Analysis.
Bitcoin Price Analysis. Source: TradingView

The Relative Strength Index indicates bearish pressure remains, with the indicator staying below the neutral line. This signal suggests Bitcoin may revisit $110,000 or struggle to clear $115,000. Failure to shift momentum upward would hinder recovery attempts, leaving BTC vulnerable to consolidation or renewed declines within its current trading range.

Pump.fun Is Pumping

PUMP surged 13% in the past 24 hours, emerging as the best-performing altcoin on the market. The token is trading at $0.0034, marking a sharp rally that places it ahead of its peers. This increase highlights growing demand and positions PUMP as a standout in short-term trading activity.

The altcoin now aims to secure $0.0030 as a critical support level. Holding this floor would stabilize recent gains and prevent sharp reversals. Establishing $0.0030 as a base could allow PUMP to extend its climb, with $0.0038 becoming the next price target in its upward trajectory.

PUMP Price Analysis.
PUMP Price Analysis. Source: TradingView

If PUMP holders shift to selling, the token may lose momentum and slip through $0.0030 support. Such a breakdown could drag the price to $0.0028, erasing recent gains. Failure to maintain this zone would weaken the bullish setup.

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