Bitcoin, Ethereum, XRP, Dogecoin Tick Up As 'Battle For $105,000' Intensifies

Major cryptocurrencies are trading sideways on Wednesday morning as institutional inflows continue.

Cryptocurrency	Price	Gains +/-
Bitcoin BTC/USD	$105,776	+0.35%
Ethereum ETH/USD	$2,637.6	+0.81%
Solana SOL/USD	$156.6	-3%
XRP XRP/USD	$2.25	+2.3%
Dogecoin DOGE/USD	$0.1954	-0.03%
Shiba Inu SHIB/USD	$0.00001304	-1.3%

Notable Statistics:

IntoTheBlock data shows Bitcoin and Ethereum large transaction volume increased 2.4% and 33.5%, respectively. BTC's daily active addresses went up by 10.9%. Bitcoin's exchanges netflows surged by 228.7%.
Coinglass data shows 67,167 traders were liquidated in the past 24 hours for $141.35 million.
SoSoValue data shows net inflows of $378.04 million into spot Bitcoin ETFs. Spot Ethereum ETFs saw a net intflow of $109.4 million. Crypto trader Michael van de Poppe noted that over the past 12 business days, $650 million has flown into Ethereum ETFs, 20% of all inflows.

Trader Notes: Crypto trader Jelle highlights a surge in institutional and governmental fear of missing out for Bitcoin, suggesting that a new “gold rush” era may be underway as corporations and states race to secure exposure.

Jelle emphasized Bitcoin's ongoing battle at the $105,000 level—calling it a pivotal zone.

A confirmed flip into support could send BTC surging toward $130,000, while a breakdown might lead to a retest of $95,000.

He also pointed out a major liquidation cluster above $110,000, raising the question of whether it could act as fuel for an explosive breakout.

A major liquidation cluster is brewing, just above $110,000.

Rocket fuel for a breakout?#Bitcoin pic.twitter.com/I1MIwosCwy
— Jelle (@CryptoJelleNL) June 4, 2025

On Ethereum, Jelle noted that price is pressing into a key resistance zone. If that area is reclaimed, he expects ETH to accelerate sharply to the upside.

For Dogecoin, trader Tardigrade pointed to the Bollinger BandWidth tightening, historically a precursor to major volatility. He predicts a huge pump for July.

#Dogecoin Bollinger BandWidth (BBW) Signals a Potential Huge Pump in July 🔥$Doge pic.twitter.com/kCFuxu3DhI
— Trader Tardigrade (@TATrader_Alan) June 4, 2025

XForceGlobal remains bullish on XRP, stating that all medium-term indicators point to a new all-time high. The wave patterns from XRP's January peak to its April low show near-perfect symmetry and align closely with key Fibonacci levels (61.8% and 100%). The trader suggests this pattern hints at structured, even manipulated movement, but ultimately in a bullish direction.

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