Bitcoin, Ethereum, XRP, Dogecoin Dip, But Trader Says Everything's Going According to Plan

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Major cryptocurrencies are dipping on Thursday morning as market participants wait for an announced phone call between President Donald Trump and China's president Xi Jinping.Cryptocurrency
Price
Gains +/-
Bitcoin (CRYPTO: BTC)
$104,698
-1%
Ethereum (CRYPTO: ETH)
$2,598.74
-1.4%
Solana (CRYPTO: SOL)
$151.9
-2.9%
XRP (CRYPTO: XRP)
$2.20
-2.5%
Dogecoin (CRYPTO: DOGE)
$0.1886
-3.5%
Shiba Inu (CRYPTO: SHIB)
$0.00001277
-2%
Notable Statistics:
IntoTheBlock data shows Bitcoin and Ethereum large transaction volume decreased 11.3% and 17.8%. Daily active addresses went down by 14.6% and 5.5%, respectively.
Coinglass data shows 93,731 traders were liquidated in the past 24 hours for $229.60 million.
SoSoValue data shows net inflows of $86.9 million into spot Bitcoin ETFs. Spot Ethereum ETFs saw net inflows of $56.98 million.
Trader Notes: Crypto trader Jelle notes that Bitcoin is consolidating between key EMAs and holding local support, exactly as expected. He anticipates more sideways action before a breakout to the upside.
Trending: — no wallets, just price speculation and free paper trading to practice different strategies.Michael van de Poppe sees a potential liquidity sweep coming, predicting Bitcoin could dip below recent lows to flush weak hands before reversing sharply and setting the stage for a stronger upward move.
On Solana, More Crypto Online says the altcoin remains in a corrective phase, struggling below the $164.50 resistance. The next support to watch is $143.50, and a confirmed 5-wave impulse is needed to flip the bias back to bullish.Meanwhile, Kong Trading stated that Ethereum continues to look attractive amid consistent ETH ETF inflows.
For Dogecoin, Trader Tardigrade highlights a historical pattern where DOGE/BTC makes lower lows while DOGE trends upward, a signal that has preceded every major DOGE pump. That setup appears to be repeating now..Read Next:
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Image: Shutterstock
This article Bitcoin, Ethereum, XRP, Dogecoin Dip, But Trader Says Everything's Going According to Plan originally appeared on Benzinga.com

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