Crypto Market Outlook: Signs of Recovery Emerge

加密货币市场展望：复苏迹象出现

Despite bearish market sentiments, certain cryptocurrencies have shown signs of recovery. The global market capitalization has declined to $2.41 Trillion, while the fear and greed index stands at 53. The 24-hour trading volume remains subdued at $72.8 billion. Bitcoin's price has fallen to $66,198.

尽管市场情绪看跌，但某些加密货币已显示出复苏的迹象。全球市值已降至 2.41 万亿美元，而恐惧和贪婪指数为 53。24 小时交易量仍低迷于 728 亿美元。比特币的价格已跌至 66,198 美元。

Top Cryptos Poised for Recovery

顶级加密货币有望复苏

Akash Network (AKT)

阿卡什网络 (AKT)

AKT has gained 8% in the past 24 hours, signaling the start of its recovery journey. Its decline began earlier than other cryptocurrencies and has persisted for weeks, resulting in a 40% value loss. However, increased network activity has triggered a 183% surge in trading volume to $47,525,537. Technical indicators and moving averages suggest a strong buying zone. The Relative Strength Index (RSI) of 57.543 indicates buyer dominance. Akash Network has attempted two peaks over the past three months, reaching $6.19 in March, its closest approach to its all-time high of $8.08 set three years ago. A similar rally is anticipated this month.

AKT在过去24小时内上涨了8%，标志着其复苏之旅的开始。它的下跌比其他加密货币更早开始，并持续了数周，导致价值损失 40%。然而，网络活动的增加导致交易量激增 183%，达到 47,525,537 美元。技术指标和移动平均线表明存在强劲的买盘区域。相对强弱指数 (RSI) 为 57.543，表明买家占主导地位。 Akash Network 在过去三个月中尝试了两个峰值，在 3 月份达到了 6.19 美元，最接近三年前创下的历史高点 8.08 美元。预计本月也会出现类似的反弹。

Shiba Inu

柴犬