Total Market Cap
The total market cap has been pretty consolidated since last Monday’s spike, courtesy of those juicy Ethereum ETF approval rumors. Thursday had us sweating a bit when we dipped below the primary trend line, but we bounced back on Friday and tested it again today. It’s holding steady, looking pretty good.
Altcoin Market Cap
For the altcoin market cap (excluding Ethereum and Bitcoin), not much has changed from our last look. The Fib extension still targets the 962-963 level. If we get a rally, that’s the zone to watch. Altcoins are outperforming Bitcoin right now. The Bitcoin dominance chart shows a definite dip, which some might see as the early stages of altseason. But let’s not get ahead of ourselves—it’s just a dip for now, not an outright altseason party.
Bitcoin and Ethereum
Bitcoin: Bitcoin is in snooze mode, just consolidating like it’s waiting for something big. Nothing too exciting here, mirroring the total market cap chart.
Ethereum: Ethereum’s trying to steal the show. Even with the long Memorial Day weekend, it’s up over 5% and flirting with that $4K level again. But watch out—it might be time for a breather. The Ichimoku Kinko Hyo system shows Ethereum’s price and the Tenkan-Sen are too far apart. This usually means a pullback or sideways action until things balance out.
Memecoins: BONK and FLOKI
FLOKI: This one’s on fire. It closed 23% higher yesterday and is up nearly 9% today. If it holds at 30.22, that’ll be its highest close ever.
Ethereum Price Forecast
Every new Ethereum analysis as it publishes, today's technical signal and key levels, live price — on one page.
See all Ethereum forecastsBONK: BONK is also riding high, testing the upper trend line of a rising wedge. Rising wedges are typically bearish, but BONK’s not ready to crash just yet.
