Bitcoin, Ethereum, XRP, Dogecoin Hold Steady As Bulls Eye Further Gains
Cryptocurrency markets are treading water as the market enters a quiet stretch ahead of a key week for macroeconomic data.CryptocurrencyPrice Gains +/-Bitcoin BTC/USD$97,490.40+0.9%Ethereum ETH/USD$1,852.16+0.2%Solana SOL/USD$149.98-0.2%XRP XRP/USD$2.21-0.5%Dogecoin DOGE/USD$0.1815+0.2%Shiba Inu SHIB/USD$0.00001348-1%Notable Statistics:IntoTheBlock data shows large transaction volume increasing by 19.6% and daily active addresses falling by 0.9%. Transactions greater than $100,000 are down from 10,529 to 10,084 in a single day. Exchanges netflows are down by 133.6%. Coinglass data reports 71,325 traders were liquidated in the past 24 hours for $135.88 million. Notable Developments:Bitcoin Up 25% From Tariff Lows: Here’s THe Case For New All-Time Highs Soon Aptos Eyes Real-World Utility Beyond NFTs And DeFi, Says Ecosystem Head Ash Pampati Bitcoin Hovers Around $97,000 But This Is A ‘Fragile Rally,’ Analyst Warns Strategy Q1 Earnings: Bitcoin Treasury Company Raises Its ‘BTC Yield’ And ‘BTC $ Gain’ Targets For 2025 Bitcoin Miner Riot Platforms Reports Q1 Results, Shares Slide Top Gainers:CryptocurrencyPrice Gains +/-Pudgy Penguins PENGU/USD$0.01233+13%EOS EOS/USD$1.85+9.5%Immutable IMX/USD$0.6441+8.2%Trader Notes: Bitcoin trader Cole sees Bitcoin forming a potential rising wedge, often a bearish pattern. With an uptick in long positions and light weekend liquidity, he warns of a possible pullback toward the daily open or support near $95,000–$95,500.Titan of Crypto points to the SuperGuppy indicator, which just flipped bullish on the weekly chart, signaling a momentum shift back in favor of the bulls and potentially confirming the start of a longer-term uptrend.Adding to the bullish narrative, Ted Pillows compares Bitcoin's structure to gold's previous rally pattern – accumulation, breakout, highs, then re-accumulation. He sees BTC currently beginning its next leg up, projecting a new high by Q2 2025 based on that historic rhythm.On-chain data from Glassnode strengthens the bull case:Long-term holders have accumulated over 254,000 BTC now aged past 155 days. Many of these coins were bought above $95,000, and spending remains low, a sign of confidence and reduced desire to sell. Additionally, BTC holders with 30+ day coins are now back in profit, easing potential sell pressure from short-term holders. Together, these signals point to early-stage bullish momentum, but with weekend volatility and leveraged longs building, traders remain cautious.Read Next: Bitcoin, Ethereum, XRP, Dogecoin Sentiment Rebounds As BTC Hits $97,000 Image: ShutterstockMarket News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.