Crypto Market Overview: Widespread Bearish Sentiment Prevails

Crypto Market Overview: Widespread Bearish Sentiment Prevails

Most of the cryptocurrencies are trading in the bearish territory today.
BTC/USD is hovering around the $26,917 level, down by 1.66%.
The altcoins are trading around their support levels with a bearish bias.
Today price analysis shows that most of the cryptocurrencies are trading in the red zone. The bearish market sentiment has taken a toll on the prices of major digital assets. The previous days the bulls had managed to push the prices higher but failed to retain the gains and have since been struggling.

Cryptocurrency price heat map (Source: Coin 360)
BTC/USD is currently trading around the $26,917 level, down 1.66%. The pair has been unable to break past the resistance of $27,466, which has prevented BTC from any further gains. It could reach the $28,000 level if it breaks past this resistance. For the past few days, BTC has been trading between $26,000 and $27,500.
The ETH/USD pair shows that the bears are still in control of the market, trading around the $1,814 level with a bea

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