Crypto Market: A Mixed Bag of Trends and Predictions

Mixed Trends and Predictions

• Bitcoin and Ethereum: Trading sideways
• Dogecoin: Gaining momentum

ETF Inflows and Outflows

• Spot Bitcoin ETFs: $197.7 million inflow
• Spot Ethereum ETFs: $8.5 million outflow

Market Volatility

• 24-hour liquidations: 138,614 traders, $427.45 million
• Bitcoin's open interest: Dropped to $90.2 million, near peak levels

Altcoin Analysis

• Historical patterns: Comparison to 2017 and 2021
• Potential rally: Indicated by historical patterns
• Bitcoin rejection: Possible drop to $96,000 or $70,000

Bitcoin Support Zone

• Retesting: $118,000–$120,000 support zone
• Potential rebound: If buyers step in

Ethereum Analysis

• Range-bound: High volatility, traded sideways for two months
• Sentiment: Bearish near support, bullish near resistance

XRP Breakout Potential

• Re-accumulation phase: Prolonged, hinting at major breakout
• Key resistance: $3.32, pivotal point for parabolic rise
• Bullish reversal: Confirmed if holding above $1.99

Solana Critical Level

• $217 level: Determines rebound or breakdown

Meme Coin Market

• Total market cap: Fell by 3.8% to $79.5 billion
• Largest drops: Solana (-4%), AI-themed meme coins (-5.1%)
• Dogecoin: Strong on weekly chart, potential rally indicated