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华尔街日报Bitcoin Rallies Above $89,000 As Ethereum, XRP, Dogecoin Jump 3%
Bitcoin edged above $89,000 on Friday morning, with liquidations at $205.18 million over the past 24 hours.
Bitcoin ETFs saw $348.1 million in net outflows on Wednesday, while Ethereum ETFs reported $72.06 million in net outflows.
$100,000 In January?
Michael van de Poppe said Bitcoin's chart is beginning to show early signs of upside momentum as markets push higher.
He noted that attention is now on the U.S. trading session, where fresh liquidity could sustain the move. If strength continues, a test of $100,000 in January remains possible.
Crypto chart analyst Ali Martinez cautioned that Bitcoin recently printed a death cross between the 10-week and 50-week simple moving averages.
Historically, similar signals preceded major corrections: September 2014 (-67%), June 2018 (-54%), March 2020 (-53%) and January 2022 (-64%).
Daan Crypto Trades noted Ethereum is hovering just above its daily 200-day MA and EMA, alongside key horizontal support. With price action tightly compressed, a larger move appears increasingly likely, though confirmation is still needed.
Trader Ameba said Solana has returned to a key support zone. If $127 holds, upside targets shift to $133 and $146. He also noted a recent "prophecy wick" on Binance near the first target, a pattern that often gets filled.
Chart analyst Martinez added that the TD Sequential indicator has flashed a macro buy signal on XRP, suggesting a potential near-term rebound.
Cryptocurrency |
Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $89,649.04 |
| Ethereum | (CRYPTO: ETH) | $3,057.35 |
| Solana | (CRYPTO: SOL) | $129.04 |
| XRP | (CRYPTO: XRP) | $1.89 |
The broader meme coin market surged 10.9% in a single day as total crypto market capitalization reclaimed $3 trillion.
Martinez said Dogecoin has broken out of a price channel, opening the door for a potential move toward the $0.08 level.
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