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Recently, the market has been quite interesting. Let's take a look at the status of some mainstream cryptocurrencies.
**Price Snapshot (USDT Denominated)**
BTC is currently marked at 92,526 with an actual trading price of 92,510. The 24-hour high is 92,551 and the low is 91,910, with a decline of about 2.76%. The negative funding rate (-0.00088%) indicates insufficient bullish enthusiasm in the market. ETH's situation is similar, with a mark price of 3,208 and a trading price of 3,187. Its 24-hour fluctuation ranges between 3,222 and 3,180, down 3.03%, and the funding rate is also negative. BNB's decline is relatively mild, around 2.50%, with a trading price of 924.67. SOL shows the least movement, with almost no change, down only 0.20%.
**Market Outlook**
BTC faces resistance at 92,700 and 93,500 above, while support levels are at 91,800 and 91,000 below. In the short term, expect the price to fluctuate within this range; only a breakout would indicate further direction. For now, be cautious about buying. ETH is in a weak correction phase, with 3,220 not being a tight resistance. The real support is at 3,180. If it breaks below or drops to 3,150, the rebound could weaken, so wait for stabilization before acting.
BNB is facing a gradual downtrend, with resistance around 930, but 915 is a relatively strong support. On-chain activity and quarterly burn mechanisms provide some support, and it may oscillate above 900 for a while. SOL's trend is the most boring, trading narrowly between 135 and 132, with average volume and no clear direction yet. Avoid blindly chasing highs or selling lows.
**Trading Perspective**
Overall, the short-term bearish pattern has not reversed yet. It’s safer to stay on the sidelines or try small positions cautiously, with proper stop-losses in place. The key is whether BTC can hold above 92,000 and ETH can stay above 3,180. If both hold steady, it suggests the bottom may be forming, increasing the chances of a rebound.