Bitcoin trades near $67,000 to start the week amid heavy ETF outflows and cautious sentiment; liquidations stand at $387.74 million over the past 24 hours.
Bitcoin ETFs saw $348.8 million in net outflows on Friday, while Ethereum ETFs reported $82.9 million in net outflows.
Cryptocurrency |
Ticke | Price |
| Bitcoin | (CRYPTO: BTC) | $67,746.34 |
| Ethereum | (CRYPTO: ETH) | $1,999.07 |
| Solana | (CRYPTO: SOL) | $83.84 |
| XRP | (CRYPTO: XRP) | $1.34 |
| Dogecoin | (CRYPTO: DOGE) | $0.09024 |
| Shiba Inu | (CRYPTO: SHIB) | $0.055344 |
The broader meme coin sector is trading relatively flat at $30.9 billion with a 0.6% gain over the past 24 hours.
Trader Commentary: Crypto chart analyst Ali Martinez said a potential bottoming signal could emerge if short-term Bitcoin holders’ average purchase price falls below that of long-term holders. Historically, this crossover has marked the start of accumulation phases.
Trader CyrilXBT noted that Ethereum is testing a long-term ascending trendline that has served as support multiple times since the previous cycle. The $1,900–$2,000 range now stands as a critical support zone that could determine ETH’s next major move.
Bluntz Capital explained Solana funding rates have remained mostly negative for the past month. Over the past four years, extended periods of negative funding, typically longer than two weeks — have often preceded large upward moves.
Trader Javon Marks said XRP is forming a pattern similar to its 2017 breakout structure. If the cycle unfolds in a comparable way, the current dip could be a temporary pullback before a potential move well above the $20 level.
For Dogecoin, Martinez noted that Dogecoin is consolidating within a triangle pattern, a setup that often precedes a breakout. Based on the structure, the pattern points to a possible 37% price move once the breakout occurs.
Image: Shutterstock
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