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Bitcoin held near $91,000 on Wednesday morning, with $279.3 million in liquidations hitting over 109,000 traders.
Spot ETF flows have remained negative, with $372.8 million in Bitcoin outflows and $74.2 million leaving Ethereum products on Tuesday.
BTC Building Bounce To $99,000?
Michael van de Poppe said Bitcoin posted a healthy bounce, but elevated volatility means reversals won't form overnight.
BTC will likely consolidate in this zone to build a base, and he believes accumulating here "will age well" over the coming years.
Crypto chart analyst Ali Martinez sees signs of a rebound forming, with BTC potentially targeting a move toward $99,000.
Altcoin Sherpa notes ETH is sitting on the 0.50 Fibonacci retracement of its entire move — a historically strong zone for local bottoms.
Degen Hardy says SOL is showing surprising strength, with a potential daily bullish divergence forming. If confirmed, it could be setting up a high-confidence long opportunity.
Martinez highlights that long-term XRP holders have transitioned from euphoria → denial → anxiety, with the token now at risk of losing the $2 support.
Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $91,422.68 |
| Ethereum | (CRYPTO: ETH) | $3,098.17 |
| Solana | (CRYPTO: SOL) | $139.60 |
| XRP | (CRYPTO: XRP) | $2.13 |
The meme-coin sector rebounded 3.4% to a $50.6 billion market cap, recovering the previous day's losses.
Chart analyst Martinez flagged that Dogecoin's exchange supply has flipped positive, a shift that has historically preceded strong rebounds.
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