How to read the crypto market? A practical lesson using real data from CryptoPulsar
Redakcja CryptoPulsar ·
Bitcoin is trading at 77,395 USD, and Solana has entered oversold territory with an RSI of 29.7. An analysis of the Infinity Ground project with a 9/10 risk rating shows how to recognize warning signals. Learn how to assess cryptocurrencies on your own and interpret market data.
Bitcoin is currently trading at 77,395 USD, and Bitcoin has a market capitalization of 1.56 trillion dollars. Meanwhile, Solana has fallen to 95.96 USD, and its RSI indicator shows 29.7 points, which means oversold territory. The market has also seen violent moves: the Infinity Ground project rose by 78.7 percent in 24 hours and by 587.7 percent in 7 days. CryptoPulsar analysts rated its risk at 9 out of 10. In this article, we will show you how to analyze the market, interpret indicators and avoid common pitfalls. Each example comes from real market data.
📋 What you will learn
- ✅ How to read market capitalization, price and volume
- ✅ How to recognize warning signs, such as the suspicious rise of Infinity Ground
- ✅ How RSI, MACD and EMA indicators work
- ✅ How to evaluate a crypto project step by step
Market in numbers: prices, changes and market capitalization
The most important rule for a beginner investor is to read market data. Price is only one piece of information. Equally important are the 24-hour change, the 7-day change, market capitalization and volume. Let's look at data from CryptoPulsar.
Right now, Bitcoin (BTC) is trading at 77 395 USD. It gained 0.44 percent over the day, but lost 3.78 percent over the week. This shows that near-term sentiment was slightly positive, but the medium-term trend remains downward.
The second-largest project, Ethereum (ETH), is valued at 2 250 USD. It rose 1.28 percent in 24 hours and fell 4.77 percent over 7 days. Like Bitcoin, Ethereum is battling weekly selling pressure.
| Crypto | Price | 24h | 7d |
|---|---|---|---|
| Bitcoin (BTC) | $77,395 | +0.44% | -3.78% |
| Ethereum (ETH) | $2,250 | +1.28% | -4.77% |
| BNB (BNB) | $704.57 | +1.16% | -3.51% |
| XRP (XRP) | $1.25 | +0.82% | -2.49% |
| Solana (SOL) | $95.96 | +0.89% | -5.36% |
| TRON (TRX) | $0.3185 | -4.69% | -3.49% |
| Zcash (ZEC) | $1,288.07 | +4.54% | +11.15% |
Zcash in particular stands out with a gain of 4.54 percent in a day and 11.15 percent in a week at a price of 1,288.07 USD. This may be due to stronger demand for privacy coins, but we do not have on-chain data here to confirm the cause.
Market capitalization on a plate: why price is not enough
Market capitalization is a simple product: price times the number of coins in circulation. Imagine a bar with 100 chairs. A chair costs 10 PLN, so the total value of the bar is 1 000 PLN. In crypto, the number of coins is supply, and the price is a single token.
Bitcoin has a market capitalization of 1.56 trillion dollars, making it the largest digital asset. Ethereum has 274.86 billion dollars. These are huge numbers that show the scale of investor confidence.
The market capitalization of small projects can be highly volatile. A large investor only needs to buy a few million dollars for the price to jump sharply. That is why you cannot compare single-digit moves in Bitcoin with moves in projects with a market cap of 49 million dollars. There, 78.7 percent is a move that may be manipulated.
💡 Worth knowing
The market capitalization ranking provided by CryptoPulsar: Bitcoin is number 1 with a market capitalization of 1.56 trillion dollars, Ethereum is number 2 with 274.86 billion dollars, and Tether is number 3 with 179.99 billion dollars. Tether is a stablecoin that is designed to hold a 1:1 value against the US dollar.
Infinity Ground: what a 9 out of 10 risk rating tells us
The project Infinity Ground (AIN) recorded a price increase of 78.7 percent in 24 hours and as much as 587.7 percent in 7 days. Its market capitalization rose to 49.3 million dollars. This sounds exciting, but our AI analysis classifies the project as suspicious (Suspicious: True).
Why? The data lacks confirmed fundamentals, active users and regular developer activity. Such a violent move without real adoption bears the hallmarks of manipulation or a pump & dump scheme. Pump & dump is like inflating the price of a balloon that then pops.
The risk rating is 9 out of 10, while the potential is only 2 out of 10. This is a strong asymmetry that should prompt caution. Important: this project may have nothing to do with fundamental value.
A multi-scenario forecast for Infinity Ground. The base-case scenario assumes a sharp correction to the range of 0.09 to 0.14 USD, that is a fall of 47 to 66 percent. The bearish scenario deepens the sell-off toward 0.03 to 0.06 USD. The bullish scenario is unlikely and is limited to a short-term breakout above the ATH of 0.271 USD into the area of 0.30 to 0.35 USD, after which a sharp sell-off will follow.
The base-case scenario is not investment advice, but it is an excellent demonstration of how analysts approach risk. When the price rises too quickly, the first question is: who will buy at a higher price? If the flow of new buyers weakens, the price can fall as fast as it rose.
Wrapped Alphabet xStock: a different type of asset, a different risk
For comparison, let's look at Wrapped Alphabet xStock. Its price is 281.95 USD, its market capitalization is around 415 thousand dollars, and its 24-hour volume is 529 thousand dollars. This is a much smaller project by market capitalization, but the AI analysis rates it as less suspicious (Suspicious: False).
The risk is 7 out of 10, and the potential is 5 out of 10. The forecast assumes that in the base-case scenario the price will consolidate in the range of 260 to 300 USD until a clear demand or supply impulse appears. In the bullish scenario, based on 1:1 asset backing and compliance with EU regulations, a rebound to 320 USD is possible, followed by 340 to 360 USD.
The bearish scenario assumes a break of the 260 USD support and a decline to the 230 USD area, and if weakness deepens, even 200 USD. Can you see the difference?