Zinger Key Points
- Global cryptocurrency market cap holds steady at $3.4 trillion, up 0.8%.
- Trader says Bitcoin must close above $110,000 to confirm breakout; Ethereum trades best at range extremes.
- Get daily-updated rankings across momentum, growth, value, trends, and quality to spot the strongest stocks in any market.
Cryptocurrency markets are trading modestly higher on Wednesday morning as markets await further tariff announcements by President Trump.
Cryptocurrency | Ticker | Price |
Bitcoin | BTC/USD | $109,110.29 |
Ethereum | ETH/USD | $2,628.26 |
Solana | SOL/USD | $154.09 |
XRP | XRP/USD | $2.38 |
Dogecoin | DOGE/USD | $0.1736 |
Shiba Inu | SHIB/USD | $0.00001199 |
Notable Statistics:
- IntoTheBlock data shows Bitcoin and Ethereum large transcation decreased by 15.1% and 21.4%, respectively. Daily active addresses are up by 13.5% and 0.8%, respectively.
- Coinglass data shows 68,688 traders were liquidated in the past 24 hours for $138.76 million.
- SoSoValue data shows net inflows of $80 million into spot Bitcoin ETFs on Monday, while spot Ethereum ETFs saw net inflows of $46.6 million.
Trader Notes: Crypto trader BitBull spotted a potential inverse head and shoulders pattern on both the 3-day BTC chart and RSI.
He says confirmation requires either a 3-day candle close above $110,000 or RSI closing above 70. If confirmed, BTC could enter a 3–4 week “up-only” rally.
Crypto trader Momin flagged that Bitcoin dominance slipping below 65% could mark a shift to an altcoin-led rally, especially if the daily close confirms.
With Ethereum showing strength and exchange supply drying up, he concluded, "A new rally likely incoming soon!"
Follis sees a clean range developing in Solana and is watching for long entries on sweeps of the range low. For Ethereum, he also notes a clean setup but advises that high-probability trades lie at the extremes of the current range.
DonAlt highlighted XRP coiling beneath resistance. He notes that if it doesn't break out soon, XRP could remain range-bound for another 1–2 months.
For Dogecoin, Hardy pointed out that $15 billion in liquidations are stacked between $0.17–$0.19. A move above this zone could trigger a massive, short squeeze with major upside potential.
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