Daily Analysis: BTC, ETH, ORDI, SEI, METIS

Bears are still in control as the global market cap recorded a 0.47% decrease within the last 24 hours of trade to stand at 1.66T as of press time. The global trading volume has recorded a 17% increase within the last 24 hours to stand at $71.13 as of press time.

Bitcoin Price Prediction

The Bitcoin price is still on bear activity as it records a plunge of 1% in the last 24 hours to trade at $42.6K as of press time. This comes as the weekly drop stood at 0.8% while the trading volume jumped by 27% in the last 24 hours, showing increasing trading activities.

The Relative Strength Index indicator is below the average line as it heads south, backing the bearishness prospects. The MACD indicator is also in the red zone, suggesting a continued plunge in the Bitcoin price in the short term as bears dominate markets.

BTC 1-day chart | Source: TradingView## Ethereum Price Prediction

The Ethereum price is also on bear Ethereum activity as it records a plunge of 1% in the last 24 hours to trade at $2235 as of press time. This comes as the weekly drop stood at 0.2% while the trading volume jumped by 14% in the last 24 hours, showing increasing trading activities.

The Relative Strength Index indicator is below the average line as it heads south, showing selling pressure on the token. The MACD indicator is also in the red zone, suggesting a continued plunge in the Ethereum price in the short term.

ETH 1-day chart | Source: TradingView## ORDI Price Prediction

The ORDI price is still on bull activity as it records a surge of 12% in the last 24 hours to trade at $69.3 as of press time. This comes as the weekly rise stood at 30% while the trading volume jumped by 191% in the last 24 hours, showing increasing trading activities.

The Relative Strength Index indicator is heading south, while the MACD moves in the green zone, showing uncertainty in the ORDI price.

ORDI 1-day chart | Source: TradingView## Sei Price Prediction

The Sei price is also on bull activity as it records a pump of 16.7% in the last 24 hours to trade at $0.46 as of press time. This comes as the weekly rise stood at 39% while the trading volume jumped by 57% in the last 24 hours.

The Relative Strength Index indicator is below the average line as it heads North, backing bullish prospects. The MACD indicator is also in the green zone, suggesting a continued pump in the Sei price in the short term as bulls dominate markets.

SEI 1-day chart | Source: TradingView## MetisDAO Price Prediction

MetisDAO (METIS) is also riding on bull activity as it records a pump of 35% in the last 24 hours to trade at $66.8 as of press time. This comes as the weekly rise stood at 133% while the trading volume jumped by 273% in the last 24 hours, showing increasing trading activities.

The Relative Strength Index indicator is above the average line in the overbought region as it heads north, asserting bullishness on the token. The MACD indicator is also in the green zone, backing the bullish activity.

METIS 1-day chart | Source: TradingView