Bitcoin held above $84,300 on Sept. 27, while Ether stayed near $2,693, with broader market volatility remaining limited. CoinGlass data showed $111.72 million in liquidations across the crypto derivatives market over the past 24 hours, while the Alternative.me Fear and Greed Index fell from 74 a day earlier to 70, still in greed territory.
Bitcoin and Ether trade in a tight range
Bitcoin opened at $84,306 on Sunday, Sept. 27, and posted a 24-hour gain of 0.47%. It reached an intraday high of $84,473 and a low of $83,838, staying in a narrow trading band.
Ether also remained steady, changing hands at $2,693.59, up 0.24% over 24 hours.
Liquidations hit $111.72 million, with longs taking slightly bigger losses
According to CoinGlass, total liquidations across the market reached $111.72 million in the past 24 hours. Long positions accounted for $62.61 million, while short positions made up $49.11 million, leaving bullish traders with slightly larger losses.
The number of liquidated traders reached 54,925. The largest single liquidation was a $3.17 million XRP-USD contract on Hyperliquid.
XRP leads declines, SOL edges lower
XRP fell 2.95% over the past 24 hours to $1.5177. Citing CoinGecko data, the report said XRP had rebounded sharply from a 14-day low of $1.263, though recent SEC regulatory developments were accompanied by profit-taking pressure.
SOL traded at $120.82, down 0.56%. The report said SOL showed relative resilience as the Alpenglow upgrade in the Solana ecosystem entered testnet.
Bitcoin technical indicators remain firm
On the daily chart, Bitcoin's RSI(14) stood at 65.1, placing it in a relatively strong zone. Its moving averages remained in bullish alignment, with price above the SMA20 at $80,186, the SMA50 at $75,739, and the SMA200 at $71,038.
MACD also stayed in bullish formation, though the histogram narrowed from the previous day, pointing to weaker momentum. Bollinger Bands (20,2) showed the close above the middle band at $80,186, with resistance at the upper band near $87,300.
Near-term support levels were listed at the SMA20 of $80,186, the SMA50 of $75,739, and the 30-day low of $74,968.
Ether remains above key moving averages
Ether's RSI(14) came in at 63.9, also in a relatively strong zone. Price remained above the SMA20 at $2,568, the SMA50 at $2,373, and the SMA200 at $2,099.
Its MACD stayed in bullish formation as well, though momentum narrowed. The middle Bollinger band was at $2,568, with resistance at the upper band of $2,801 and additional resistance at the 30-day high of $2,807.
Support levels were listed at the SMA20 of $2,568, the SMA50 of $2,373, and the 30-day low of $2,356.
Fear and Greed Index falls to 70
The Alternative.me Fear and Greed Index came in at 70 on Sept. 27, which still placed sentiment in greed territory. That was down 4 points from the previous day's reading of 74.
Over the past eight days, from Sept. 20 to Sept. 27, the index stayed within a range of 70 to 78, keeping market sentiment in greed territory throughout that stretch. It reached 78 on Sept. 22, the highest reading in that eight-day window and a level classified as extreme greed.
Macro factors remain in focus
On the macro side, the report said last week's moves in U.S. Treasury yields and comments from Federal Reserve officials continued to affect risk-asset pricing, while expectations for the rate path remained divided.
With no clear catalyst in place, the crypto market may continue to trade in a range in the short term, according to the report.
The original report cited Binance, CoinGecko, Alternative.me and CoinGlass as sources and was compiled by BlockTempo.