Bitcoin Below $88,000, Ethereum, XRP, Dogecoin Can’t Catch A Break Either

Bitcoin is back below $88,000 level while gold surged to fresh all-time highs; liquidations stand at $342.45 million over the past 24 hours.    

Bitcoin ETFs saw $19.6 million in net outflows on Wednesday, while Ethereum ETFs reported $28.1 million in net inflows

Trader Commentary:

George Trader said Bitcoin is sitting on key support, with liquidity stacked above $91,000 and below $84,000. A failure to bounce could open a move toward the lows, but for now, the bias remains for a short squeeze higher.

Cyril-DeFi noted most of the damage is already done. Historically, when Bitcoin goes quiet like this, it signals rotation rather than another major flush. Expect choppy action before direction resolves.

Daan Crypto Trades highlighted Ethereum’s $2,800 level as the most important price zone of this cycle, having been tested repeatedly as both support and resistance.

Curb.sol said Solana has successfully retested and held range lows, targeting a move back to range highs. His upside targets are $150 by next week and $200 by the end of February.

Cantonese Cat framed Dogecoin’s setup as binary: either DOGE never runs again due to limited utility, or, consistent with past cycles, it stages another major rally.

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