Bitcoin remains above $75,000 while Bitcoin ETFs saw $26.05 million in net inflows on Thursday, while Ethereum ETFs reported $18 million in net inflows.
Meme coin market capitalization is up 7.5% over the past 24 hours at $38.4 billion
Trader Commentary:
Crypto chart analyst Ali Martinez said Bitcoin has cleared a major cluster of short positions near $75,300, shifting market positioning toward longs. However, he warned that key liquidity now lies below current price, particularly around $70,000, $65,000, and $57,000 – levels that could act as downside targets before a sustained move higher.
Mister Crypto said Ethereum is retesting its weekly 200 moving average after losing it earlier this year. A successful reclaim would signal renewed strength, while rejection could trigger another leg lower, like past sharp declines.
Meanwhile, Solana is approaching a critical period, with DonWedge noting that a strong monthly close could confirm a reversal after a prolonged downtrend.
Trader CW noted bullish Heikin Ashi candles on the weekly chart, indicating a possible trend reversal.
Trader Tardigrade highlighted a bullish divergence, with RSI breaking above 50 ahead of price, signaling building momentum.
Image: Shutterstock
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
To add Benzinga News as your preferred source on Google, click here.
