Bitcoin (BTC) is hanging around $86,000 on Monday morning, which feels stable enough after the weekend volatility that saw more than $220 million in liquidations across the crypto market over the past 24 hours. For context, that's a lot of forced selling from overleveraged positions getting squeezed.

The ETF story continues to be surprisingly resilient. Bitcoin ETFs pulled in $238.5 million in net inflows on Friday, while Ethereum (ETH) ETFs added another $55.7 million. That's institutional money continuing to flow in even as prices wobble.

Traders Eye Key Levels

Crypto trader Jelle observed that Bitcoin took a sharp dive into the $84,000 support zone before managing a modest weekend bounce. The problem? The chart is still packed with overhead resistance. Bulls need to establish a higher low and reclaim some key levels to shift momentum back in their favor. Bears, meanwhile, are watching for rejections that could open the door to further downside.

Michael van de Poppe expects Bitcoin to consolidate around current prices, ideally touching the $85,500 area to close the CME gap. A move toward the 20-day moving average near $95,000 would signal that strength is returning to the market.

For Ethereum, Crypto Tony flagged the rejection at $2,884 and is now monitoring for a potential pullback toward $2,780. That level will be critical for determining whether bulls can hold the line or if further weakness is ahead.

Solana (SOL) is catching attention from Degen Hardy, who sees a strong bounce setup forming. He points to bullish divergences, oversold conditions, and price sitting directly on support. The indicators, he notes, are lining up for a potential move higher.

Meme Coins Show Strength

The meme-coin sector actually diverged from the broader market with a 1.6% gain, proving once again that these tokens march to their own beat.

Crypto chart analyst Ali Martinez pointed out that whales have sold or redistributed 7 billion DOGE over the past month. That's a significant movement of supply. Trader Cantonese Cat added that Dogecoin has printed four inside candles in a row, which is a tight consolidation pattern. These setups typically resolve with a breakout in the direction of the primary trend, and for DOGE, that trend remains upward.

Meanwhile, Shibburn reported a sharp 1,152% spike in Shiba Inu's (SHIB) daily burn rate, which means tokens are being removed from circulation at an accelerated pace.