Bitcoin (BTC) is currently trading at ¥10,180,359, showing a steady gain of 2.26% over the past 24 hours. After a period of sideways movement, BTC has found support near the ¥10 million mark, which is an important psychological level for investors. This support has helped prevent a deeper pullback, giving confidence to buyers. On the upside, Bitcoin faces resistance around ¥10.3 million, where sellers have previously emerged. A clear break above this resistance could signal further upward momentum, while a drop below ¥10 million might open the door to a short-term correction.
Ethereum (ETH) and other major altcoins have also posted positive moves, with ETH up 1.86% to ¥268,258 and Binance Coin (BNB) rising by 1.98% to ¥96,887. Notably, XRP stands out with a stronger 3.21% increase, reaching ¥184. Stablecoins like USDT and USDC remain relatively flat, reflecting their role as price anchors rather than assets for speculation. The gains in altcoins suggest a broader market interest beyond Bitcoin, which is often seen as a sign of growing confidence among investors in the cryptocurrency space.
Market sentiment appears cautiously optimistic as on-chain data — information derived from blockchain activity — shows steady transaction volumes and moderate inflows into exchanges. This suggests that investors are not rushing to sell, but rather holding or accumulating positions. The absence of large sell-offs points to a balanced market, where buyers and sellers are actively engaged but no extreme moves are occurring. Overall, this environment supports a gradual upward trend rather than sharp volatility.
During the Asian trading session, Bitcoin and altcoins maintained their upward momentum, benefiting from increased buying interest in Japan and other key Asian markets. This steady activity helped set a positive tone heading into the European market open, where early trading has continued to support the gains. As Europe begins its day, monitoring volume and price reactions around key levels will be important to assess whether current strength can sustain or if profit-taking might emerge. Investors should watch these regional sessions closely, as they often influence short-term price direction in the global crypto market.