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:

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