The bull are in total control in today's session, as seen from the increase in the global market cap.

The total cap stood at $2.73T as of press time, representing a 0.27% increase over the last 24 hours, while the trading volume dropped by 6.95% over the same period

The bulls are in total control in today’s session, as seen from the increase in the global market cap, which now stands at $2.73T. The total cap represents a 0.27% increase over the last 24 hours, while the trading volume dropped by 6.95% over the same period to stand at $69.52B as of press time.

Bitcoin, $BTC, has posted small gains in today’s session, as seen from its price movements.

Looking at an in-depth analysis, we see that the Bitcoin price is near the upper band, signaling potential overbought conditions. A pullback could occur if it fails to break above the resistance.

On the other hand, we see that the ADX is at 14.34, indicating weak trend strength, and the market may remain in a range.

Bitcoin traded at $83,425 as of press time, representing a 0.21% increase over the last 24 hours.

On Monday morning, the price of Bitcoin moved up slightly, and it is now trading at around $83,425. This represents a modest 0.21% uptick over the last 24 hours.

Despite the slight increase, the cryptocurrency is still showing signs of weakness after failing to break through the crucial resistance level of $85,000 on Sunday evening.

The bulls encountered strong selling pressure at that point, which stalled the bullish momentum that had been building up throughout the week.

The inability to break through $85,000 could lead to a pullback, testing the lower support levels.

The lower support levels to watch out for are around $82,000, which could provide some cushion to limit the downside.

The inability to break through $85,000 could also be attributed to the weak trend strength, which is indicated by the low ADX of 14.34.

This suggests that the market may remain in a consolidation range, and the price is likely to move sideways.

The slight increase in the price of Bitcoin could also be attributed to the decrease in trading volume, which is now at $69.52B.

This represents a 6.95% decrease from the previous day.

The decrease in volume could indicate less interest in the market, which may contribute to the consolidation and prevent any significant breakout.

Overall, Bitcoin is showing signs of weakness as it failed to break through the crucial resistance at $85,000.

The inability to break through could lead to a pullback, testing the lower support levels.

The weak trend strength and decrease in trading volume suggest that the market may remain in a consolidation range.

On Monday morning, the price of Ethereum moved up slightly, and it is now trading at around $1,940. This represents a modest 1.7% uptick over the last 24 hours.

Looking at the technical indicators, we can identify a key factor that could be impacting the price movements of Ethereum.

The price is currently above the cloud, which typically suggests a bullish outlook.

However, the price has been largely trapped near the cloud’s edge, which indicates some indecision in the market.

This suggests that the bulls are in control, but the bears are still exerting pressure, preventing a decisive move in either direction.

Furthermore, the volume oscillator shows a significant negative divergence, which indicates that the bullish momentum is weakening.

This is evident as the price sets higher highs, but the volume peaks are lower, signaling that less buying activity is occurring despite the price advances.

This divergence suggests that the bulls are tiring out, and the market could be preparing for a reversal.

As the price of EOS continues to rise, it has reached the level of $0.5858, where it is encountering resistance.

The recent surge in price has also led to a sharp increase in volume, which is indicated by the volume oscillator.

This high market activity could be attributed to the rapid price movements that have occurred.

The price of EOS is currently trading below the 50, 100, and 200 SMA, which suggests that the short-term trend is bearish.

However, the long-term trend is bullish, as indicated by the price moving above the 200 SMA.

The Alligator lines (blue, red, and green) are showing a narrow range, which suggests that there is indecision in the market and no clear trend direction.

The smaller time frames show a strong bullish trend, but the larger time frames show a weaker buying interest.

The Awesome Oscillator (AO) is in positive territory, at 0.2783,