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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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📊 Crypto Market Analysis – May 28, 2025
As of today, Bitcoin (BTC) is trading at $108,888, while Ethereum (ETH) stands at $2,644.91.
🔍 Bitcoin (BTC) Technical Overview
BTC is consolidating just below its recent all-time high of $110,425. The immediate support lies at $108,616, with a critical support zone around $105,000. A break below this could trigger a retest of the $100,000 psychological level. On the upside, a sustained move above $110,000 may open the path toward $115,000.
📈 Market Dominance Insights
Bitcoin's dominance (BTC.D) has been hovering around 66%, indicating its stronghold in the market. Ethereum's dominance (ETH.D) has been declining, reflecting a shift in investor focus. This dynamic suggests that while BTC remains the market leader, altcoins are gaining traction, potentially signaling the onset of an altseason.
🚀 Altcoin Market Overview
Several altcoins have shown notable movements:
Solana (SOL): Facing early bearish pressure with a negative funding rate, indicating increased short positions.
Jupiter (JUP): Experiencing a price surge amid expansion and Bitcoin tailwinds.
Ethereum (ETH): Despite recent gains, ETH's market share is nearing historic lows, with price risks if it fails to maintain current levels.
🔮 Short-Term Market Forecast (Next 12–24 Hours)
The market is at a pivotal juncture. BTC's ability to sustain above $108,000 will be crucial. A break below could see a retest of $105,000, while a move above $110,000 may target $115,000. Altcoins may experience increased volatility, especially if BTC's dominance starts to wane.
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