Bitcoin held near the $66,000 level despite persistent extreme fear sentiment and rising geopolitical tensions between the U.S. and Iran; liquidations stand at $316.95 million over the past 24 hours.
Bitcoin ETFs saw $27.6 million in net outflows on Friday, while Ethereum ETFs reported $43 million in net outflows.
Cryptocurrency |
Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $66,311 |
| Ethereum | (CRYPTO: ETH) | $1,947 |
| Solana | (CRYPTO: SOL) | $83.88 |
| XRP | (CRYPTO: XRP) | $1.34 |
| Dogecoin | (CRYPTO: DOGE) | $0.09173 |
| Shiba Inu | (CRYPTO: SHIB) | $0.055477 |
The meme coin sector witnessed a 2.3% drop over the last 24 hours to $32.8 billion reflecting broader risk aversion
Trader Commentary:
Crypto trader Jelle said Bitcoin remains in a clear downtrend, with prior cycle highs now acting as firm resistance. He advised patience, viewing bear markets as opportunities to accumulate at discounted levels rather than moments for panic selling.
Crypto analyst Swiss Trader noted Ethereum has consolidated between $1,800 and $2,150 for nearly a month, a constructive development following recent volatility. He said the next major move depends on a breakout at either end of the range. A sweep of the lows, in his view, would be more bullish mid-term, potentially forming a stronger base before expansion.
Cryptoinsightuk pointed out that XRP is as oversold on the weekly chart as it was at the 2022 bear market bottom, a rare technical extreme that historically marked major accumulation zones.
CryptoBusy said Solana appears poised to catch up, continuing to lead in the real-world asset sector while steadily building throughout the bear phase. With 155 days inside its channel structure, he sees potential for an eventual breakout.
Crypto chart analyst Ali Martinez highlighted Shiba Inu as tightening structurally with momentum building, suggesting a breakout move could materialize if buyers step in.
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