Bitcoin Below $69,000 As Ethereum, XRP, Dogecoin Open Week With Weakness

Bitcoin trades below $69,000, with liquidations at $396.22 million over the past 24 hours.       

Bitcoin ETFs saw $371.15 million in net inflows on Friday, while Ethereum ETFs reported $16.8 million in net outflows.

The meme coin sector dropped about 7% in a single day to $32.8 billion, tracking the broader market decline.

Buy Around The Lows

Crypto trader Jelle said Bitcoin’s bounce from its first major area of interest was constructive, but last week’s close below the 2025 low marked a meaningful shift in market structure.

He cautioned against rushing into positions, noting that long-term entries are best built deliberately as markets typically offer extended time near cycle lows.

Crypto Tony highlighted that Bitcoin was rejected at range highs overnight, aligning precisely with mapped liquidation levels.

With that rejection confirmed, focus now shifts back to the downside, where price may revisit range lows to sweep remaining liquidity.

Trader BitBull said Ethereum has likely not bottomed yet, arguing the current sell-off closely resembles the 2022 cycle. He expects ETH could eventually find a bottom in the $1,000–$1,200 zone before setting up for the next multi-year rally.

Crypto chart analyst Ali Martinez noted that roughly 1.077 million Solana tokens have been withdrawn from exchanges over the past 72 hours, signalling a sharp reduction in exchange supply and potentially rising holder conviction.

Trader Javon Marks said Dogecoin’s long-term structure remains bullish, with price continuing to print higher lows after establishing higher highs in 2021.

If that structure holds, he argued the macro setup still supports a major upside move, potentially exceeding a 640% rally and pushing DOGE above its prior all-time high near $0.739.

Image: Shutterstock