Bitcoin is down 2% over the past 24 hours as rising U.S. Treasury yields put pressure on risk assets; liquidations stand at $361.56 million over the past 24 hours.
Bitcoin ETFs saw $394.7 million in net outflows on Friday, while Ethereum ETFs reported $4.64 million in net inflows.
The total meme coin market capitalization extended declines, with a 3.9% drop to $44.7 billion.
Cryptocurrency |
Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $91,255.16 |
| Ethereum | (CRYPTO: ETH) | $3,105.82 |
| Solana | (CRYPTO: SOL) | $128.84 |
| XRP | (CRYPTO: XRP) | $1.93 |
| Dogecoin | (CRYPTO: DOGE) | $0.1256 |
| Shiba Inu | (CRYPTO: SHIB) | $0.057847 |
Daan Crypto Trades noted that Bitcoin has fully returned to its $84,000–$94,000 range after failing to sustain a breakout, weakening the short-term setup.
He added that a move below the yearly open still looks likely, as yearly candles rarely form without a lower wick, making a dip feel more like unfinished business than a true breakdown.
Crypto trader Jelle said Bitcoin has slipped back into its December range after an initial bounce from support failed, with price rolling lower.
Holding the $90,500 level is now critical, as losing it would flip the low-timeframe structure back in favor of the bears and force bulls to step in and defend support.
CyrilXBT highlighted that Ethereum is rejecting the same resistance zone for a second time. A third failure could signal prolonged consolidation, with ETH likely ranging in this area for several months rather than trending higher.
Tom Capital outlined downside targets for Solana, pointing to an initial bounce zone around $118–$120, followed by a broader $95–$110 range. He expects sharp countertrend bounces rather than a straight move down, noting the bearish setup would be invalidated if SOL reclaims and holds above $145.
Crypto chart analyst Ali Martinez suggested XRP may be forming a falling wedge pattern, which could set up a bullish breakout, with a potential upside target near $2.23 if the pattern resolves higher.
Image: Shutterstock
Recent Comments