The buy-the-dip pattern has temporarily supported stocks and crypto
Cryptocurrency market capitalisation rose 3.7% in the last 24 hours, again reaching $2.24 trillion, with almost the entire top 100 coins in green over the past 24 hours. The Cryptocurrency Fear and Greed Index has added 2 points to 27. This is still a "fear level", but the general dynamic over the past few hours suggests that investors are opting to buy with the expectation of a further bounce from these levels.
Bitcoin and Ether have added around 4% in the past 24 hours, managing to move back above the signal levels. BTCUSD is trading above the 200-day average again, while ETHUSD has surpassed $4000.
If we went deeper into the reasons, the rise of the two largest cryptocurrencies was helped by the performance of stock indices, which received support from buyers yesterday, indicating continued demand for risky assets and a desire to buy on downturns.
Despite this morning’s positivity, it is worth noting that the optimism looks somewhat fragile and has little explanation for the fundamentals. Under such conditions, the situation could turn abruptly in a matter of hours, so a fix above $4000 for Ether and $48000 for bitcoin today should be considered a more reliable signal.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 69.6% | 54 | $28 068.88 | 1.33% | 7.74% | $542 479 232 239 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 79.6% | 39 | $1 796.91 | 2.35% | 4.75% | $219 895 368 505 |  |
|
| 3 |  USDT |
Tether predictions | 93.6% | 1 | $1.001141 | -0.09% | -0.12% | $78 575 681 204 |  |
|
| 4 |  BNB |
Binance Coin predictions | 74.4% | 51 | $323.51 | -0.44% | -2.98% | $51 078 681 358 |  |
|
| 5 |  USDC |
USD Coin predictions | 91.6% | 2 | $0.999580 | 0.05% | -0.01% | $34 405 741 418 |  |
|
| 6 |  XRP |
XRP predictions | 84.4% | 21 | $0.427684 | -3.54% | 15.97% | $21 790 915 468 |  |
|
| 7 |  HEX |
HEX predictions | 62% | 82 | $0.105273 | -13.59% | 20.81% | $18 255 461 602 |  |
|
| 8 |  ADA |
Cardano predictions | 78.4% | 44 | $0.362363 | -2.84% | 8.30% | $12 581 690 970 |  |
|
| 9 |  STETH |
Lido stETH predictions | 94.8% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 10 |  DOGE |
Dogecoin predictions | 75.2% | 51 | $0.075582 | 0.44% | 1.34% | $10 027 482 654 |  |
|
| 11 |  MATIC |
Polygon predictions | 76% | 47 | $1.12 | -0.15% | -5.20% | $9 805 540 362 |  |
|
| 12 |  SOL |
Solana predictions | 70.4% | 52 | $21.64 | -0.45% | 7.94% | $8 303 091 244 |  |
|
| 13 |  BUSD |
Binance USD predictions | 96% | 1 | $0.999779 | 0.02% | -0.10% | $8 062 237 832 |  |
|
| 14 |  DOT |
Polkadot predictions | 75.6% | 49 | $6.21 | 0.24% | -1.17% | $7 268 180 249 |  |
|
| 15 |  LTC |
Litecoin predictions | 73.2% | 59 | $92.99 | 5.58% | 13.69% | $6 746 412 901 |  |
