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.
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 $50 billion market capitalization.
Crypto Tony said Dogecoin (CRYPTO: DOGE) still looks bullish, with the current consolidation setting up for another potential leg higher.
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$BTCBitcoin$92061.00-1.74%Overview$DOGEDogecoin$0.1486-1.22%$ETHEthereum$3216.97-2.38%$SHIBShiba Inu$0.000009-1.43%$SOLSolana$137.82-2.26%$XRPRipple$2.25-2.52%Market News and Data brought to you by Benzinga APIs
