Crypto Market: Bitcoin's Steady Climb Amid Mixed Signals

Bitcoin is holding steady around $90,000, but the market shows signs of uncertainty. Over the past day, $175.12 million worth of positions were liquidated, indicating some instability.

• Bitcoin ETFs saw a net outflow of $60.5 million on Monday.
• Ethereum ETFs had a net inflow of $35.5 million.

This mixed flow of funds suggests investors are cautious.

Analyst Predictions

Michael van de Poppe

• Believes Bitcoin is still in a bullish phase.
• The next big move depends on the U.S. market opening.
• Predicts Bitcoin could reach $100,000 by Christmas, leading to a strong year-end rally.

Jelle

• Bitcoin needs to break through the $91,000–$93,000 resistance zone to gain momentum.
• With two weeks of higher lows, there is potential for a breakout.
• If Bitcoin clears this range, the next big target could be $100,000.

Altcoin Updates

Solana

• Stuck in a tight range between $124 and $145.
• Analyst Ali Martinez says this middle ground is not ideal for new positions.

Ethereum

• Holding strong around $3,100, with key support between $3,000 and $3,100.
• If Ethereum breaks through the $3,300–$3,400 resistance, it could surge toward $3,700–$3,800 in the coming weeks.

Meme-Coin Market

• Relatively flat, up just 0.8% with a market cap of $47 billion.
• Dogecoin is positioned for a major breakout, with potential to reach new all-time highs, over 404% above its current level.