Bitcoin, Ethereum, XRP, Dogecoin See Thundering Surge — Trader Eyes $90,000 BTC As 'Nice Entry'
Major cryptocurrencies are surging across the board as trade war tensions ease, following President Trump's remarks that talks with China are "doing fine.” CryptocurrencyPrice Gains +/-Bitcoin BTC/USD $93,169.06+1.8%Ethereum ETH/USD $1,779.94+4.7%Solana SOL/USD $149.30+3.1%XRP XRP/USD $2.20+2.4%Dogecoin DOGE/USD $0.1783+3.6%Shiba Inu SHIB/USD $0.00001351+2.6%Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 34.2% and daily active addresses growing by 17.4%. Transactions greater than $100,000 are up from 8,839 to 11,674 in a single day. Exchanges netflows are down by 122.5%. Coinglass data reports 195,922 traders were liquidated in the past 24 hours for $634.49 million. Notable Developments: Bitcoin Spot ETFs Record $936 Million Net Inflow, Ethereum ETFs Add $38.74 Million Elon Musk-Led Tesla Reports $125 Million In Unrealized Losses On Bitcoin After Top Crypto Drops 12% In Q1 Jack Dorsey Says Major Changes Coming To Block’s Self-Custody Bitcoin Wallet: What To Expect Brandon Lutnick, Tether, SoftBank Back $3 Billion Bitcoin Venture EXCLUSIVE: DeFi Development Adds $9.9 Million In Solana Tokens Underscoring Its Commitment Towards Digital Asset Treasury Strategy Top Gainers: CryptocurrencyPrice Gains +/-OFFICIAL TRUMP TRUMP/USD$13.07+46.6%Onyxcoin XCN/USD$0.02203+22.9%Sui SUI/USD$2.95+20.8%Trader Notes: Sistine Research has set a Bitcoin target at $370,000, citing a historical pattern: once BTC clears major psychological resistance zones, it tends to accelerate rapidly in momentum-fueled rallies. Price action is often slow and cautious at resistance, until it isn't. ShardiB2 highlighted that Bitcoin is undergoing an orderly pullback, and a dip to the $90,000 level, marked by the green line which would still be considered structurally healthy. That zone could offer a high-conviction entry for bulls. Byzantine General added that while Bitcoin has broken cleanly out of its downtrend, a significant technical win, this area is also a prime zone for mean reversion, with a potential move back toward the midrange before resuming trend. Crypto trader CJ noted Bitcoin's strong close above range highs with no short signals in sight, confirming bullish momentum. However, with price now tapping into monthly liquidity, a retracement may be imminent. He's watching for a "three drives" pattern into $95,000. If that level triggers a reversal, it could open up a short opportunity targeting the $90,000 imbalance or the equilibrium of the previous expansion candle. If no reversal emerges, the bull trend remains intact, and there's no need to force trades. Read Next: Bitcoin Has Likely Bottomed At $74,500, $200,000 Is On The Table, Says Arthur Hayes Image: Shutterstock Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.