Bitcoin, Ethereum Hold Range While XRP, Dogecoin Slip In ‘Corrective Phase’

Bitcoin continues to struggle around $68,000, weighed down by persistent extreme fear sentiment and the absence of a clear catalyst for the next leg higher.        

Bitcoin ETFs saw $15.2 million in net inflows on Friday, while Ethereum ETFs reported $10.3 million in net inflows.

The meme coin sector declined 1.6% over the past 24 hours, bringing total market capitalization to approximately $35.4 billion.

Trader Commentary:

Degen Hardy said Bitcoin was rejected at the 2021 all-time high zone between $69,000 and $74,000 and is now trading below that area, making $74,000 the critical pivot level.

• Below $74,000: Rallies likely get sold, keeping the market corrective
• Major support: $50,000
• Macro higher-low support: $30,000

Hardy argues that reclaiming $74,000 on a weekly close would signal the resumption of a broader bull trend.

Andrew Crypto noted Ethereum remains locked in a tight range.

He suggested price could sweep local lows before attempting a move toward the range highs.

A confirmed breakout would open the door for continuation higher, but until then, Ethereum remains structurally neutral.

Trader Crypto Scient outlined two key bottom zones for Solana to monitor: the $60–$70 region and weekly demand that launched the prior rally from $25 to $200.

Price remaining below $120 signals weak momentum and bearish pressure.

Crypto Tony expects a larger drop ahead for XRP, though potentially after a short-term relief bounce.

Trader Javon Marks pointed out that Shiba Inu is flashing a regular bullish divergence, where RSI is making higher lows while price continues to print lower lows, often a signal that downside momentum is weakening.

If confirmed, Marks suggests Shiba Inu could attempt a breakout with long-term upside potential toward the $0.000035 level, representing a possible 400%+ move from lower ranges.

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