Bitcoin is holding near $71,000 as improving sentiment lifted crypto markets. Bitcoin ETFs saw $66.7 million in net outflows on Tuesday, while Ethereum ETFs reported $40.8 million in net outflows.  


Cryptocurrency
TickerPrice
Bitcoin(CRYPTO: BTC)$71,846
Ethereum(CRYPTO: ETH)$2,195.01
Solana(CRYPTO: SOL)$92.56
XRP(CRYPTO: XRP)$1.42
Dogecoin(CRYPTO: DOGE)$0.09687
Shiba Inu(CRYPTO: SHIB)$0.056186

Meme coin market capitalization rose 1.3% over the past 24 hours to $35 billion.

Trader Commentary:

Crypto chart analyst Ali Martinez said Bitcoin is approaching a breakout from a right-angled descending broadening wedge, with $75,700 as the next potential upside target if momentum holds.

For Ethereum, Martinez said the daily SuperTrend has flipped bullish for the first time since May last year. If support around $1,800 holds, it could mark the start of a new uptrend.

He added that Solana could climb toward $102 if it breaks above resistance near $95, signalling short-term continuation.

Analyst Cryptoinsightuk said XRP's liquidity setup favours upside, with roughly $310 million in short liquidations positioned above current levels compared with about $112 million below. The imbalance suggests a higher likelihood of a short squeeze.

Trader CW said Dogecoin is nearing a breakout from a six-month downtrend, which could signal the start of a broader uptrend if confirmed.

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