Bitcoin has reclaimed the $93,000 level after a positive CPI report eased rate hike fears, thereby boosting risk assets sentiment.
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $93,509.76 |
| Ethereum | (CRYPTO: ETH) | $3,198.80 |
| Solana | (CRYPTO: SOL) | $143.40 |
| XRP | (CRYPTO: XRP) | $2.10 |
| Dogecoin | (CRYPTO: DOGE) | $0.1433 |
| Shiba Inu | (CRYPTO: SHIB) | $0.058779 |
Notable Statistics:
- Coinglass data shows 88,679 traders were liquidated in the past 24 hours for $189.50 million.
- SoSoValue data shows net inflows of $116.7 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net inflows of $5.04 million.
- In the past 24 hours, top gainers include Dash, Story and Optimism.
Notable Developments:
- Bitcoin Likely To End Year Higher, But $150,000 Blow-Off Remains Uncertain: Report
- Gold 81% To Hit $5,000 Before ETH, Polymarket Says—But Here’s Why That May Be Wrong
- SEC Chair Paul Atkins Optimistic On Crypto Market Structure Bill In 2026
- XRP, Gold Will ‘Define Global Financial Reset’, Commentator Claims: Here’s How
- US Attack Odds On Iran Exceed 50% On Crypto Prediction Market As Washington Directs Americans To Leave Country Immediately
- Elizabeth Warren Presses SEC Over Trump’s Crypto 401(k) Plan—Here’s The Conflict
Trader Notes: Altcoin Sherpa remains cautious in the near term, saying Bitcoin is unlikely to break above $94,000 immediately and may see a pullback first.
He is hesitant to open new positions at current levels but remains confident BTC will eventually move higher, viewing the broader outlook as bullish with uncertainty centered on timing and market structure.
Daan Crypto Trades remains range-bound, consolidating while repeatedly testing the upper end of its range.
The 4-hour 200-day moving average and exponential moving average are holding as key support, keeping the overall structure intact.
He added that the yearly open remains untested and could come into play if those levels give way.
Key levels to watch are $84,000 on the downside and $94,000 on the upside.
Ted Pillows highlighted that heavy sell-side liquidity is concentrated between $94,000 and $95,000, with roughly $127.4 million in Bitcoin orders stacked in that zone.
A decisive break and sustained hold above this area would signal that bulls are gaining control and could open the door to further upside.
Image: Shutterstock
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