Crypto Daily Brief – April 24, 2026

April 24, 202617Market SentimentStrongly bearish17 cryptocurrencies analyzedToday's cryptocurrency market sentiment is strongly bearish, with an overall score of 16.7 out of 100 across 17 cryptocurrencies. The market is primarily influenced by negative developments, including China's recent tightening of crypto regulations, which classify crypto promotion and trading as illegal financial activities. This news has contributed to downward pressure on major assets, with Ethereum (ETH) showing bearish signs as it trades in the lower half of the Bollinger Bands, indicating weak buying interest.In contrast, some coins are bucking the trend. Notably, Injective Protocol (INJ) and Cosmos (ATOM) are experiencing bullish momentum, driven by positive trading signals that suggest potential price increases. INJ has been highlighted for its strong daily and 4-hour structure, while ATOM also shows a favorable trend with solid entry points for traders. Meanwhile, Chiliz (CHZ) has made headlines for its impressive 107% profit, bringing its monthly gains to 865%, suggesting that targeted trading strategies can yield significant returns even in a bearish market.The Reddit community remains…