Bitcoin (CRYPTO: BTC) continues to trade around $90,000 as cryptocurrencies remain at key levels.
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $89,740 |
| Ethereum | (CRYPTO: ETH) | $2,948 |
| Solana | (CRYPTO: SOL) | $127.76 |
| XRP | (CRYPTO: XRP) | $1.93 |
| Dogecoin | (CRYPTO: DOGE) | $0.1245 |
| Shiba Inu | (CRYPTO: SHIB) | $0.058021 |
Notable Statistics:
- Coinglass data shows 102,360 traders were liquidated in the past 24 hours for $303.35 million.
- In the past 24 hours, top gainers include LayerZero, Axie Infinity and DoubleZero.
Notable Developments:
- Crypto Market Structure Bill Eyes Crucial Tuesday Debate
- UBS Reportedly Planing Bitcoin, Ethereum Trading For Wealthy Clients
- Grayscale Seeks BNB Spot ETF Approval—Can It Trigger A Breakout?
- Ledger Plans $4 Billion IPO After BitGo Debut—Kraken And ConsenSys Next In Line
- SEC, CFTC Announce Rare Joint Event Next Tuesday To Advance Trump’s ‘Crypto Capital’ Agenda
Trader Notes: Analyst Kevin said Bitcoin continues to struggle with key technical hurdles, including the rising channel, the golden pocket, and major four-hour moving averages.
He noted that a sustained move above $91,800 is needed to restore short-term bullish momentum, while higher timeframes still show heavy resistance between $95,700 and $106,800.
CryptosBatman pointed to sustained ETF net outflows as a major factor behind Bitcoin’s recent weakness.
Over the past three months, major spot ETFs have sold approximately $6.1 billion worth of BTC, adding notable sell pressure.
However, with ETFs still holding around $117 billion in total assets under management, he described the move as de-risking rather than a structural exit.
Altcoin Sherpa said the current consolidation differs from August 2024 and March 2025 in that the 100-day and 200-day exponential moving averages remain elevated.
This suggests the market may need more time to reset, potentially resembling the 2025 pattern of extended consolidation, base formation, and a possible spring rally once structure fully resets.
Image: Shutterstock
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