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Bitcoin, Ethereum, XRP, Dogecoin Hold Ground as Traders Brace for Dip
By Exbasi Intelligence
Sourced from Benzinga
Bitcoin is holding around $78,000 as some traders take profits following last week’s massive rally, while some anticipate a pullback before the next leg higher.CryptocurrencyTickerPriceBitcoin$78,399Ethereum$2,469Solana$97.04XRP$1.39Dogecoin$0.085Shiba Inu(CRYPTO: SHIB)$0.055222Notable Statistics:Coinglass data shows 90,144 traders were liquidated in the past 24 hours for $302.30 million. SoSoValue data shows net inflows of $314.4 million from spot Bitcoin ETFs on Tuesday. Spot Ethereum ETFs saw net inflows of $179.8 million.In the past 24 hours, top losers include POL, Lighter and Pudgy Penguins.Notable Developments:Arthur Hayes Predicts Bitcoin to Reach $250,000, Holds 10 Times More BTC Than GoldSHIB Joins XRP, Bitcoin on Japan’s First New Crypto Exchange in 4 YearsBernstein: Bitcoin Could Hit $500,000 By 2029, MSTR to $350XRP Eyes $1.88 as Leverage Hits 7-Month High: What’s Going On?Bitcoin Stuck Below $80,000 as Ethereum Funding Rates Hit 1-Year HighCrypto-Rich but House-Hunting? Coinbase and Better Unveil Token-Backed MortgageTrader Notes:CryptoAmsterdam remains bullish and is holding positions accumulated near the lows but cautions against chasing crypto with leverage near resistance. He sees room for a dip or extended consolidation and favors gradually accumulating with a clear plan.Trader exitpump notes Bitcoin open interest is rising quickly while price remains range-bound, with spot selling absorbing aggressive buyers. He sees a potential flush toward $77,000 as a possible long entry.Crypto Chase continues to remain patient and is waiting for Bitcoin to reach his preferred bid zone rather than chasing or shorting. He will reassess his setup if $83,000 is reached before roughly $75,000.Image: Shutterstock