Total market cap of crypto assets (TOTAL) and Bitcoin

BTCUSD
has slightly increased in the last 24 hours. Altcoins are also enjoying this momentum, including Canton (CC) which is currently up 18%.

Today's news:-

Polymarket has revealed a vulnerability in a third-party login provider that led to unauthorized access to a small number of user accounts. The company explained that this issue has been resolved, there is no ongoing risk, and affected users will be contacted.
India's Enforcement Directorate conducted raids at 21 locations across three states as part of a money laundering investigation related to crypto asset fraud over the past decade. These actions targeted locations associated with 4th Bloc Consultants under the Anti-Money Laundering Act.
Crypto market remains above support

The total market capitalization of crypto assets is currently at US$2.93 trillion, up US$4.7 billion in the last 24 hours. This upward movement indicates potential short-term stabilization. If buying momentum continues, Bitcoin could see limited gains in the near future.

For a recovery to be more sustainable, market cap needs to return to the US$3.00 trillion level as a strong support area. A decisive move above this psychological level could boost investor confidence and attract new capital.

TOTAL Price Analysis
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However, if the recovery loses momentum, the risk of decline remains. The market could fall below US$2.92 trillion and drop to US$2.85 trillion, which will be the next major support level.

Bitcoin is currently below resistance

Currently, Bitcoin is trading at US$87,816, remaining above the resistance level of US$88,210. This area previously limited upward movement at the start of the month and now acts as support, indicating short-term stability.

To cover recent declines, Bitcoin needs to move toward resistance at US$90,308. A confirmed breakout above this level could strengthen investor sentiment.

Bitcoin Price Analysis
On the other hand, if buying pressure weakens, Bitcoin could fall below US$88,210. A clear decline past this level would direct attention to US$86,247 as the next downside target. If both supports are lost, bearish pressure could intensify.

Canton rally today

CC led the market on Tuesday, rising 18.6% over the last 24 hours and trading around US$0.107. At the time of publication, its price remained slightly below the key resistance of US$0.109. This level remains crucial for ensuring short-term strength and fostering bullish sentiment among traders.

Looking ahead, CC's price outlook remains constructive amid positive momentum and broader market support. Increasing investor interest and improving sentiment could help CC break above resistance. If buying pressure persists, this altcoin could rise toward US$0.118, with further gains possible if volume and trend strength are maintained.

CC Price Analysis.
However, the risk of decline remains if bullish momentum weakens. Resurgent selling pressure could push CC below the support zone of US$0.101. If a breakdown is confirmed, this token could experience deeper declines, even plunging to US$0.089 if sellers regain dominance in the short term.