The Bitcoin is trading at $71,000 while the overall markets weakened amidst geopolitical uncertainties. The Bitcoin ETFs saw $124.6 million in net outflows on Wednesday, with Ethereum ETFs recording $18.6 million in net outflows.
| Cryptocurrency | Ticker | Price | | — | — | — | | Bitcoin | (CRYPTO: BTC) | $71,182 | | Ethereum | (CRYPTO: ETH) | $2,193.44 | | Solana | (CRYPTO: SOL) | $82.59 | | XRP | (CRYPTO: XRP) | $1.33 | | Dogecoin | (CRYPTO: DOGE) | $0.09181 | | Shiba Inu | (CRYPTO: SHIB) | $0.055874 |
The meme coins market capitalization dropped by 3.5% to $33.8 billion in the last few hours.
Traders’ comments: – Analyst Titan of Crypto mentioned the Bitcoin approaching a crucial point, with a bullish crossover of the weekly MACD indicating a potential structural breakout. However, there is still a risk of rejection or false breakout before a sustainable uptrend. – Crypto Tony noted Ethereum holding a critical short-term level around $2,169. Maintaining this support could lead to a relief rally, while a drop could weaken short-term prospects. – Analyst DonWedge commented on Solana testing an old resistance level as support again, potentially signaling a bullish continuation pattern if confirmed. – Trader Tardigrade observed Dogecoin consolidating, with selling pressure easing but no buying momentum yet. The Relative Strength Index (RSI) remains a key indicator for the next directional move.
Note: This article was originally written in English and translated into French by an AI. For corrections, please contact corrections@benzinga.com.
