Bitcoin, Ethereum, XRP, Dogecoin Trade Sideways As Geopolitical Caution Caps Momentum

Bitcoin is holding $70,000 as oil price continue to remain elevated.

Notable Statistics:

• Coinglass data shows 95,278 traders were liquidated in the past 24 hours for $190.53 million.
• SoSoValue data shows net inflows of $250.9 million from spot Bitcoin ETFs on Tuesday. Spot Ethereum ETFs saw net inflows of $12.6 million.
• In the past 24 hours, top gainers include Internet Computer, JUST and Artificial Superintelligence Alliance.

Notable Developments:

• Binance, Ripple, PayPal Join Mastercard’s 85+ Partner Crypto Initiative
• Tom Lee: Bitcoin Has Exited ‘Crypto Winter,’ Will Rise In March
• Binance Sues Wall Street Journal Over Alleged False Reporting
• Why Bitcoin Is About To Enter The ‘Most Frustrating Phase’ Of Its Cycle
• Ripple Targets Australian Payments Expansion With New Acquisition
• The Math Behind Bitcoin To $1 Million In 10 Years
• Michael Saylor: STRC Stock Achieved Better Risk-Adjusted Returns Than Nvidia, Tesla

Trader Notes: Crypto trader Kevin noted that Bitcoin’s two-year liquidity heatmap shows the strongest concentration between $44,000 and $49,000.

This range also aligns with the 12-day 200 EMA and SMA, levels Bitcoin historically revisited during major downturns between 2020 and 2022.

Based on this chart structure, the analyst believes Bitcoin could retest this zone later this year, potentially forming a market bottom before entering a new accumulation phase and the next bullish cycle.

Trader Altcoin Sherpa said Bitcoin is showing mixed signals across different timeframes.

On higher-timeframe charts, the asset still appears to be a strong buy, while mid-timeframes look less convincing as price trades near the top of its range. Lower timeframes remain uncertain, with no clear directional trend.

The trader noted that trading decisions ultimately depend on individual strategy and timeframe, making independent analysis essential.

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