Bitcoin is holding around $91,000 as markets kick off the week with muted price action and broadly neutral sentiment.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $91,570.92
Ethereum (CRYPTO: ETH) $3,104.15
Solana (CRYPTO: SOL) $141.21
XRP (CRYPTO: XRP) $2.06
Dogecoin (CRYPTO: DOGE) $0.1380
Shiba Inu (CRYPTO: SHIB) $0.058478

Notable Statistics:

  • Coinglass data shows 105,562 traders were liquidated in the past 24 hours for $283.05 million.       
  • SoSoValue data shows net outflows of $250 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net outflows of $93.8 million.
  • In the past 24 hours, top gainers include Story, Monero and MYX Finance.

Notable Developments:

Trader Notes: Trader KillaXBT explained that Bitcoin’s recent upside is largely technical in nature.

Shorts that entered aggressively during the recent dip are now being forced to cover as price stabilizes and grinds higher, creating a squeeze. According to the trader, the move is being driven more by short covering than by fresh spot demand.

Crypto Tony said Bitcoin is approaching a key area of interest.

A wick toward $92,300 could present an attractive short setup, while the unfilled downside gap below remains a major magnet that may need to be cleared before any sustainable upside continuation can develop.

Daan Crypto Trades highlighted the textbook weekend price behaviour, noting that Bitcoin closed the CME futures session on Friday and reopened on Monday at nearly the same level.

No new CME gap was formed, and there are currently no significant nearby gaps acting as directional drivers.