In a week in which ETH, XRP, SOL, and ADA led losses, major cryptocurrencies also extended declines as market conditions deteriorated.
Bitcoin slipped below the $100,000 level, tumbling to about $96,600 amid a broad market sell-off, while ether traded near $3,182, down 0.8% on the day and about 12% over the week.
XRP traded around $2.25 after an 8.8% weekly drop, and Solana dropped to roughly $140, a 16.5% weekly decline.
Cardano fell to about $0.491, with TRX relatively steadier at $0.292.
ETF inflows have slowed for a second consecutive week, and long-term holders have continued to reduce exposure, with retail flows remaining subdued.
Research firm 10x noted that these dynamics suggest the market has entered a bear phase, as funds, corporates, and ETF issuance lose structural support.
Technically, bitcoin’s break below the monthly mid-range at $100,266 cleared a key liquidity shelf, signaling a fast-track slide into thinner regions.
Near-term support is seen at $93,000 to $95,000, while a drop could target the $89,600 liquidity gap.
On the upside, resistance sits at $100,200 and then $107,300, a level repeatedly tested in recent weeks.
Market liquidity continues to trend lower, with no clear stabilization yet.
ETF outflows and a developing death-cross signal have kept momentum downward, and uncertainty around upcoming economic releases amid the government shutdown may add further volatility.

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