Crypto Market Holds Steady Amidst Weekend Volatility

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Bitcoin has experienced a slight loss of 0.8% from Friday to Monday, but it has managed to hold steady at $37,400. The next challenge for Bitcoin is to break through the resistance at $38,000. The fact that USDT dominance is weak suggests that more investors are holding Bitcoin and altcoins rather than stablecoins, which is a positive sign for the crypto market. The total crypto market cap is currently at $1.386 trillion, and the Total 3 market cap (excluding Bitcoin and Ethereum) is within a bull flag, indicating a potentially bullish trend. Ethereum is also retesting the top of its own bull flag, and its performance will have an impact on the rest of the Ethereum ecosystem. Overall, there are indications that a bounce in the market could be imminent, but traders should always exercise proper risk management.

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