Bitcoin is holding near $92,000, with liquidations tallying $465.91 million over the past 24 hours.
Bitcoin ETFs saw $243.2 million in net outflows on Tuesday, while Ethereum ETFs reported $114.7 million in net inflows.
Cryptocurrency |
Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $92,052.58 |
| Ethereum | (CRYPTO: ETH) | $3,220.46 |
| Solana | (CRYPTO: SOL) | $137.83 |
| XRP | (CRYPTO: XRP) | $2.25 |
Bitcoin Trying To Choose Direction
Michael van de Poppe said the current consolidation reflects underlying strength. As long as Bitcoin holds above the 21-day moving average after testing support, he expects a bullish continuation with a potential move toward $100,000.
Lennaert Snyder described Bitcoin as range-bound and undecided. He remains bearish unless BTC reclaims roughly $96,500. His strategy favors short setups after liquidity sweeps near $93,822 or $94,700, targeting the monthly open around $87,600.
On the upside, he said a short-term long could emerge after a sweep of $92,212 followed by a clear reversal, while holding $91,211 is critical to avoid further downside.
Van de Poppe noted Ethereum (CRYPTO: ETH) has broken above and held the 21-day moving average as support, signaling a new uptrend for the first time since summer and opening the door to a potential push toward new all-time high.
Ted Labs co-founder Web3Niels said XRP's 15% gain over two days confirms the recent breakout and supports expectations for further upside.
The broader meme coin market slipped 2.3% over the past day but remains above a $50 billion market capitalization.
Crypto Tony said Dogecoin (CRYPTO: DOGE) still looks bullish, with the current consolidation setting up for another potential leg higher.
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