Bitcoin, Ethereum Hold Steady As XRP, Dogecoin Slip

Cryptocurrencies are trading sideways on Tuesday, with the market in a holding pattern ahead of Wednesday’s FOMC meeting.

Cryptocurrency	Ticker	Price
Bitcoin	BTC/USD	$118,689.11
Ethereum	ETH/USD	$3,861.95
Solana	SOL/USD	$183.90
XRP	XRP/USD	$3.14
Dogecoin	DOGE/USD	$0.2277
Shiba Inu	SHIB/USD	$0.00001339

Notable Statistics:

IntoTheBlock data shows Bitcoin and Ethereum large transaction increased by 39.4% and grew 62.7%, respectively. Daily active addresses grew 13.8% and dropped 8.7%, respectively.
Coinglass data shows 158,664 traders were liquidated in the past 24 hours for $447.74 million.
SoSoValue data shows net intflows of $157.02 million into spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $65.14 million.

Trader Notes: Crypto chart analyst Ali Martinez estimates Bitcoin's next cycle top at $149,679, based on updated projections.

The next Bitcoin $BTC top could be at $149,679! pic.twitter.com/knZXTdjKve
— Ali (@ali_charts) July 29, 2025

Pierre Crypto notes BTC is stuck in a tight 4-hour range, with $117,000–$118,000 as crucial support.

A break below could lead to a retest of the 4H 200 EMA and last week's lows, presenting a potential buy zone.

However, a clear breakout above $120,000 is still needed to shift momentum bullish. He also advises watching if Michael Saylor steps in with fresh capital.

Daan Crypto Trades sees Ethereum approaching the $4,000–$4,100 zone, calling it a "critical decision point."

He suggests consolidation here would be healthy, allowing for a stronger and more sustainable breakout toward new highs.

For XRP, trader Galaxy highlights that it's consolidating just below a 3,000-day-old trendline on its BTC pair. A breakout above could be a major technical shift, potentially marking the start of a long-awaited bull run for XRP.

$XRP is chilling under the +3000 days trendline on the BTC pair.

A breakout here is what we're looking for to start the bull-run we've been waiting. pic.twitter.com/g0U38FRySW
— Galaxy (@galaxyBTC) July 29, 2025

On Solana, Galaxy points out it has been consolidating for over 500 days, a setup that could lead to an explosive move. As the saying goes, "the longer the base, the stronger the breakout."

Trader Polaris XBT is eyeing Dogecoin for a possible entry if it sweeps below $0.215, signaling local liquidity grab before a rebound.

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