Bitcoin At $66,000, Ethereum, XRP Dogecoin Drop Over 1%

Bitcoin climbed back above $65,000 after liquidations of over $500 million triggered a drop to $65,000 on early Monday morning.

Bitcoin ETFs saw $88.04 million in net inflows on Friday, while Ethereum ETFs reported $17.21K million in net inflows.

The meme coin sector fell about 2% over the past 24 hours to a market capitalization of $34.16 billion.

Trader Commentary:

Crypto trader Jelle said bear markets typically take time to fully unfold and urged patience. His approach is to gradually dollar-cost average into Bitcoin at lower levels and increase exposure once the broader structure turns bullish.

Michael van de Poppe described the move as a typical Monday liquidity sweep below recent lows. He said the next direction depends on how the daily candle closes.

If Bitcoin holds $65,000 as support, price could rotate higher and retest upper ranges, particularly if geopolitical tensions between Iran and the U.S. ease. If that level breaks, a retest of the $60,000 zone becomes more likely.

Crypto Tony said Ethereum remains bearish unless it reclaims $1,992 and flips it into support. Until then, he favors short setups.

TraderSZ said Solana must reclaim its 2025 yearly low and turn it into support to signal a potential bottom. Without that confirmation, the structure remains uncertain.

Crypto Tony added that XRP has staged a solid bounce from recent lows. If it holds and reclaims $1.396 as support, that could open the door to long setups targeting further upsid

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