Gate today's market analysis: BTC shows weak fluctuations, while ILV, ZBCN, and SAROS are leading with strength!

Today (6), the cryptocurrency market continues its weak and volatile pattern, with Bitcoin (BTC) and Ethereum (ETH) facing short-term pressure, while mainstream tokens generally fall, leading to a cautious market sentiment. However, some popular tokens such as Illuvium (ILV), Zebec Protocol (ZBCN), and Saros (SAROS) are moving against the trend, becoming the focus of capital attention. This article will combine technical and fundamental aspects to analyze Gate's current market hotspots and key points of concern for the future.

BTC is oscillating weakly, short-term support to follow at 111,900 USD

The BTC hourly chart continues to oscillate below the moving averages. Although the MACD shows signs of weakening bearish momentum, a clear reversal has not yet formed. The trading volume is rapidly shrinking, indicating an increase in market wait-and-see sentiment. If it cannot effectively regain above $114,500 in the future, it may maintain low-level oscillation in the short term, with a key focus on the support at $111,900.

ETH continues to show a gradual fall pattern, follow the 3,450–3,470 USD support

ETH is under pressure in the short term, trading below the moving average, with the MACD death cross continuing to spread, and bearish momentum has not yet fully released. Trading volume has retreated from high levels, and bullish momentum has significantly weakened. If it cannot stabilize above $3,600, it may test the support range of $3,450–3,470 in the short term. It is recommended to follow the volume and moving average convergence to look for rebound opportunities.

Structural differentiation of altcoins, market sentiment cautious

Mainstream altcoins are generally falling, with the fear and greed index retreating to 54, indicating a slightly cautious market sentiment. In the short term, a structural differentiation pattern may continue, with some funds flowing into tokens with favorable fundamentals or thematic hotspots.

Hot Token Highlights: ILV, ZBCN, SAROS lead the charge

ILV Illuvium (+20.77%)

ILV benefits from the launch of the Illuvium Pro League (IPL) 2025 annual event, surging 20.77% within 24 hours, currently reported at 21.099 USD. The prize pool for the event reaches up to 250,000 USD, collaborating with TFT players and content creators to drive user engagement and ecological enthusiasm. In the short term, the funding attention has increased, boosting the coin price performance.

ZBCN Zebec Protocol (+6.14%)

ZBCN is benefiting from the promotion of the Zebec encryption payment card (Silver, Carbon, Black) and the layout of real-world payment scenarios, rising 6.14% within 24 hours, currently reported at 0.005374 USD. The diverse card functions, non-custodial and privacy protection features enhance market expectations and user penetration.

SAROS Saros (+5.65%)

SAROS has risen by 5.65% within 24 hours, currently priced at 0.3960 USD, driven by the repurchase plan and ecological activities. Protocol revenue repurchase and collaboration with the Solana ecological community strengthen market confidence and capital inflow. Moving forward, one can follow the repurchase progress and ecological protocol growth.

The macro market is weakening in sync, and risk appetite is declining.

The three major U.S. stock indices fell across the board, spot gold prices slightly retreated, and global risk appetite overall contracted. The crypto market experienced intensified short-term volatility, and investors are advised to follow support and resistance levels as well as changes in trading volume, operating cautiously.

Conclusion

Today's Gate market shows that mainstream tokens like BTC and ETH are under short-term pressure, with market sentiment being cautious. However, popular tokens such as ILV, ZBCN, and SAROS are strengthening against the trend, demonstrating structural opportunities. Investors are advised to closely follow technical signals and favorable fundamentals to seize market turning points.