Bitcoin hovers around $95,000 as sentiment took a slight hit from news around the crypto market structure bill.
Bitcoin ETFs saw $100.1 million in net inflows on Thursday, while Ethereum ETFs reported $164.4 million in net inflows.
Cryptocurrency |
Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $95,244.54 |
| Ethereum | (CRYPTO: ETH) | $3,293.89 |
| Solana | (CRYPTO: SOL) | $142.84 |
| XRP | (CRYPTO: XRP) | $2.05 |
So Far, So Good For BTC!
Trader and analyst Skew said Bitcoin continues to show an underlying bid, though it is weaker than during the prior U.S. morning session.
He pointed to a significant supply overhang near $98,000, which, combined with choppy conditions, is weighing on price action.
On the downside, Skew highlighted the $94,000–$95,000 zone as critical support, marking prior lower-timeframe consolidation lows and an active bid area.
Michael van de Poppe said Bitcoin is holding above a former resistance zone that has now flipped into support.
As long as price remains above the 21-day moving average, he views the trend as bullish, adding that a move toward the $100,000 level is likely a matter of time.
Trader CyrilXBT said Ethereum continues to support a long-term bottoming thesis,.
Trader PostyXBT said Solana remains largely unchanged from a month ago, with no decisive shift in structure yet. He added that key levels still need to be reclaimed to confirm a bullish setup, with the first major test around $148.
Trader Popeye said XRP’s four-hour chart still appears distributive on the higher timeframe, but locally it has broken structure to the upside. This makes the next pullback important, as it could form a higher low.
The total meme coin market capitalization fell 3.9%, slipping to $49.18 billion.
Galaxy Trading said Dogecoin broke out of a falling wedge but fully retraced the move, creating a potential long setup. The $0.139–$0.14 area was highlighted as a possible entry zone, with upside targets near $0.15 and a stop-loss at $0.136.
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