TL;DR
- Bitcoin held near $67,000 as $181.69M liquidations hit, while BTC and ETH ETFs saw $165.8M and $130.2M outflows.
- Traders see stabilization from $66,000 to $68,000; reclaiming $72,000 to $75,000 is the strength test, and $67,581 could liquidate $25M shorts.
- Ethereum’s bids were repeatedly sold into, with breakdown risk; Solana levels to watch are $74.11 and $50.18. XRP eyes $1.52 as resistance, while SHIB burn rate spiked 1,900%. Dogecoin levels: $0.6533.
Bitcoin hovered around $67,000 in a muted session that felt less like conviction and more like risk containment. Sideways pricing is masking heavy repositioning as liquidations totaled $181.69 million over the past 24 hours and exchange-traded flows stayed negative. Spot Bitcoin ETFs logged $165.8 million of net outflows on Thursday, while spot Ethereum ETFs saw $130.2 million exit, reinforcing a defensive institutional posture. Even so, the meme coin sector managed a 0.8% gain, loosely tracking Bitcoin’s bounce and hinting that selective risk still exists. Desks now await a clean catalyst to break the range decisively.
Levels and positioning that traders are underwriting
Trader Cyril-DeFi said Bitcoin appears to be stabilizing from $66,000 to $68,000 after a sharp selloff, with price now compressing in a way that often precedes a larger move. Compression is being treated as a pre-breakout setup but he said bulls still need to reclaim the $72,000 to $75,000 zone to show real strength. Separately, chart analyst Ali Martinez flagged a tactical trigger: a move above $67,581 could liquidate more than $25 million in shorts, potentially adding forced buybacks to any rebound. Until that happens, momentum stays fragile and order flow favors mean reversion today.
Castillo Trading offered a blunt read on Ethereum: structure remains fragile, momentum is weak, and bids keep getting sold into. ETH is stuck in a low-confidence tape where the “best case” for bulls is a liquidity sweep of recent lows followed by a strong bounce. The risk, the trader warned, is a clean breakdown through support with little reaction if sellers stay in control. For Solana, Martinez highlighted two downside levels to monitor, $74.11 and $50.18, with a sustained break below $74 opening the door toward $50 if weakness persists. That keeps hedges in place.
On majors, Crypto Tony said a retest of $1.52 would be an ideal setup for XRP before another leg lower, with that area likely acting as resistance and a rejection confirming downside. Altcoin leadership is absent, so micro-level levels matter. For Dogecoin, trader Javon Marks said there are no major resistance targets below $0.6533, with the all-time high at $0.73905; a run toward those marks would imply roughly 550% to 640% upside from current levels if momentum returns. Separately, Shibburn showed a 1,900% burn-rate spike after 1 million SHIB was removed in one transaction recently.
