Cryptocurrency markets are trading slightly down as Bitcoin has dipped below the crucial $110,000 mark.
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $109,823.00 |
| Ethereum | (CRYPTO: ETH) | $4,416.89 |
| Solana | (CRYPTO: SOL) | $187.58 |
| XRP | (CRYPTO: XRP) | $2.89 |
| Dogecoin | (CRYPTO: DOGE) | $0.2101 |
| Shiba Inu | (CRYPTO: SHIB) | $0.00001216 |
Notable Statistics:
- Coinglass data shows 168,320 traders were liquidated in the past 24 hours for $756.67 million.
- SoSoValue data shows net inflows of $219 million into spot Bitcoin ETFs on Wednesday. Spot Ethereum ET'Fs saw net inflows of $443.9 million.
Trader Notes: Michael van de Poppe marked levels just beneath the recent low as a "great entry for accumulation" in Bitcoin.
Trader Tardigrade said Bitcoin completed a clean retest of its inverse head-and-shoulders neckline, suggesting the pullback may be enough to launch a new uptrend.
Altcoin Sherpa highlighted Ethereum's indecision — the $4,300 region is holding on the 4-hour chart, but downside risk remains toward $4,000 on the daily. The trader admitted being stuck in an underwater long.
Crypto chart analyst Ali Martinez noted Solana faced rejection again. While his target remains $300, he advises buying the dip at $176 or waiting for a breakout above $207.
Polaris XBT observed XRP holding near the top of its range with liquidity building on both sides. A sweep and reclaim would provide a preferred long entry setup.
For Dogecoin, Trader Tardigrade suggested this pullback may be the last good entry before a potential surge.
Read Next:
Image: Shutterstock
