Marketdash

Bitcoin Hangs Around $90K While ETF Flows Tell Different Stories

MarketDash Editorial Team
18 hours ago
Bitcoin is holding steady near $90,000 as traders watch softening market sentiment and weakening ETF inflows. Meanwhile, liquidations hit $175 million in the past 24 hours, and analysts are watching key resistance levels that could determine the path to year-end.

Bitcoin (BTC) is doing that thing where it just kind of sits there, hovering around $90,000 while everyone tries to figure out what happens next. Market sentiment is getting a bit softer, and ETF flows are telling two different stories depending on which coin you're looking at.

Here's the tale of the tape: Bitcoin ETFs logged $60.5 million in net outflows on Monday, which isn't exactly a vote of confidence. Meanwhile, Ethereum (ETH) ETFs pulled in $35.5 million in net inflows, so at least someone's buying something. Liquidations across the crypto market hit $175.12 million over the past 24 hours, which tells you volatility is still alive and well.

The Race to $100K Before Christmas

Crypto analyst Michael van de Poppe thinks Bitcoin is still in bullish territory for now, but the next big move depends on what happens when U.S. markets open. If we get the usual early-session dip, he sees that as a buying opportunity rather than a reason to panic. His base case? A push toward $100,000 before Christmas, setting up what could be a strong year-end rally.

Crypto trader Jelle is watching the $91,000–$93,000 resistance zone like a hawk. That's the next crucial test for Bitcoin. With two consecutive weeks of higher lows, momentum is building for a potential breakout. If Bitcoin clears this range, the path to $100,000 opens up as the next major target.

Ethereum Holds the Line, Solana Stuck in Neutral

Ted Pillows notes that Ethereum continues to defend the $3,100 level, backed by strong bids in the $3,000–$3,100 range. The key resistance sits at $3,300–$3,400, and if Ethereum breaks above that zone, we could see a move toward $3,700–$3,800 in the coming weeks.

Solana (SOL), on the other hand, is stuck in what crypto chart analyst Ali Martinez calls "one of the least attractive areas" to open new positions. It's trapped in a $124–$145 range and currently sitting right in the middle at around $132.68. Not exactly inspiring.

Current Crypto Prices

Bitcoin (BTC): $90,557

Ethereum (ETH): $3,130

Solana (SOL): $132.68

XRP (XRP): $2.05

Meme Coins and the Dogecoin Dream

The meme-coin market is trading relatively flat, up just 0.8% with a $47 billion market cap. But chartist Javon Marks has an eye-popping call on Dogecoin (DOGE): he says it's positioned for a major technical breakout that could target new all-time highs, potentially over 404% above current levels. That's the kind of forecast that either makes you a hero or gets you laughed out of the room, depending on how things play out.

Dogecoin (DOGE): $0.1401

Shiba Inu (SHIB): $0.00008517

So that's where we are: Bitcoin holding the line at $90K, analysts watching key resistance levels, and everyone wondering if we'll get that Christmas rally to $100,000 or if the softening sentiment is a warning sign. As always in crypto, buckle up.

Bitcoin Hangs Around $90K While ETF Flows Tell Different Stories

MarketDash Editorial Team
18 hours ago
Bitcoin is holding steady near $90,000 as traders watch softening market sentiment and weakening ETF inflows. Meanwhile, liquidations hit $175 million in the past 24 hours, and analysts are watching key resistance levels that could determine the path to year-end.

Bitcoin (BTC) is doing that thing where it just kind of sits there, hovering around $90,000 while everyone tries to figure out what happens next. Market sentiment is getting a bit softer, and ETF flows are telling two different stories depending on which coin you're looking at.

Here's the tale of the tape: Bitcoin ETFs logged $60.5 million in net outflows on Monday, which isn't exactly a vote of confidence. Meanwhile, Ethereum (ETH) ETFs pulled in $35.5 million in net inflows, so at least someone's buying something. Liquidations across the crypto market hit $175.12 million over the past 24 hours, which tells you volatility is still alive and well.

The Race to $100K Before Christmas

Crypto analyst Michael van de Poppe thinks Bitcoin is still in bullish territory for now, but the next big move depends on what happens when U.S. markets open. If we get the usual early-session dip, he sees that as a buying opportunity rather than a reason to panic. His base case? A push toward $100,000 before Christmas, setting up what could be a strong year-end rally.

Crypto trader Jelle is watching the $91,000–$93,000 resistance zone like a hawk. That's the next crucial test for Bitcoin. With two consecutive weeks of higher lows, momentum is building for a potential breakout. If Bitcoin clears this range, the path to $100,000 opens up as the next major target.

Ethereum Holds the Line, Solana Stuck in Neutral

Ted Pillows notes that Ethereum continues to defend the $3,100 level, backed by strong bids in the $3,000–$3,100 range. The key resistance sits at $3,300–$3,400, and if Ethereum breaks above that zone, we could see a move toward $3,700–$3,800 in the coming weeks.

Solana (SOL), on the other hand, is stuck in what crypto chart analyst Ali Martinez calls "one of the least attractive areas" to open new positions. It's trapped in a $124–$145 range and currently sitting right in the middle at around $132.68. Not exactly inspiring.

Current Crypto Prices

Bitcoin (BTC): $90,557

Ethereum (ETH): $3,130

Solana (SOL): $132.68

XRP (XRP): $2.05

Meme Coins and the Dogecoin Dream

The meme-coin market is trading relatively flat, up just 0.8% with a $47 billion market cap. But chartist Javon Marks has an eye-popping call on Dogecoin (DOGE): he says it's positioned for a major technical breakout that could target new all-time highs, potentially over 404% above current levels. That's the kind of forecast that either makes you a hero or gets you laughed out of the room, depending on how things play out.

Dogecoin (DOGE): $0.1401

Shiba Inu (SHIB): $0.00008517

So that's where we are: Bitcoin holding the line at $90K, analysts watching key resistance levels, and everyone wondering if we'll get that Christmas rally to $100,000 or if the softening sentiment is a warning sign. As always in crypto, buckle up.