Cryptocurrency markets are trading lower due to profit-taking. Bitcoin at $113,717.56, Ethereum at $4,218.23, Solana at $180.96, XRP at $2.90, Dogecoin at $0.2149, Shiba Inu at $0.00001234. 120,149 traders liquidated for $440.29 million. $523.3 million outflows from spot Bitcoin ETFs, $422.3 million from spot Ethereum ETFs.
Bitcoin’s spike to $124,500 then drop to $112,500 was a liquidation-driven shakeout. Willy Woo predicts another leg up with declining MCR Risk Signal. Crypto trader Jelle sees reclaiming $118,000 as key. Ethereum in prime dip-buying zone, expected to have a 10% bounce according to Michael van de Poppe.
Solana has reached accumulation zone according to Altcoin Sherpa. Dogecoin’s setup resembles 2024 round bottom, breakout above $0.29 could lead to $0.80 rally in Q4. XRP is showing a buy signal, ready for a bounce per crypto chart analyst Ali Martinez.
Read more at Yahoo Finance: Bitcoin Holds $113,000 As Ethereum, XRP, Dogecoin Dip
