Bitcoin Holds $65,000 As Ethereum, XRP, Dogecoin Bounce Over 3%

Bitcoin is holding around $65,000, as Bitcoin ETFs saw $257.7 million in net inflows on Tuesday, while Ethereum ETFs reported $9.2 million in net inflows.  

The meme coin sector rose 1.7% to $33.7 billion, mirroring broader strength across risk assets.

Trader Commentary:

Degen Hardy pointed out that Bitcoin’s money flow indicator has turned red for the first time since 2022. Historically, Bitcoin bottomed roughly seven months after that signal, suggesting a durable low may still be months away.

Michael van de Poppe said markets could remain muted until Friday due to a large options expiry event, potentially suppressing volatility for Bitcoin and especially Ethereum. He added that a sustained break above $65,000 would serve as a strong bullish trigger.

Crypto chart analyst Ali Martinez warned that if Ethereum loses the $1,800 level, the next major downside supports sit at $1,584, $1,238 and $1,089. Those zones could act as key demand areas if selling pressure intensifies.

Bluntz Capital noted that Solana is flashing a bullish signal after sweeping the range, breaking down and reclaiming it. He sees a 4-hour bullish divergence forming that could expand to higher timeframes. According to him, sentiment remains in panic mode, even though the real capitulation may have occurred weeks ago.

Crypto Tony said a reclaim of $1.40 on XRP could open the door to a move toward the $1.50 range high, marking a key level to monitor.

Trader Tardigrade added that Dogecoin remains above its descending daily trendline, keeping the broader structure technically bullish. However, momentum appears weak and the recent bounce lacks strong demand. Without a clear surge in volume and follow-through, the breakout remains fragile.

Image: Shutterstock