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Bitcoin, Ethereum Hold Steady as XRP, Dogecoin Gain — Can BTC Reclaim Range Highs?
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Bitcoin is holding near $84,000 as traders consolidate and watch for a breakout to determine the market’s next move.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $84,382.90
Ethereum (CRYPTO: ETH) $2,686.09
Solana (CRYPTO: SOL) $117.03
XRP (CRYPTO: XRP) $1.53
Dogecoin (CRYPTO: DOGE) $0.09624
Shiba Inu (CRYPTO: SHIB) $0.055793

Notable Statistics:

  • Coinglass data shows 81,461 traders were liquidated in the past 24 hours for $339.15 million.       
  • SoSoValue data shows net inflows of $346.98 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $104.63 million.
  • In the past 24 hours, top gainers include Ondo, Quant and Litecoin.

Notable Developments:

Trader Notes:

Roman Trading noted that Bitcoin needs to turn prior resistance into support to confirm the bullish structure.

A weekly close above $82,500 would strengthen the case, while a strong bounce in the coming days could offer an earlier signal. Failure to hold above the breakout area could trigger a sharper reversal.

Trader Jelle predicts flipping the 50-week/100-week EMA cluster into support would be a major longer-term bullish signal. Historically, that has suggested the bear market is over, though it does not necessarily mean Bitcoin moves straight higher immediately.

Ardi highlighted that Bitcoin must reclaim $85,000 to resume its advance. He expects continued liquidity hunting around $81,000-$83,000, with $81,500 and the prior range breakout key to hold.

A successful retest could set up another push higher, failure could send BTC back into the $70,000s.

Image: Shutterstock

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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