Bitcoin, Ethereum, XRP, Dogecoin Go Sideways But This Trader Says You 'Shouldn't Long' One Of Them

Zinger Key Points

Cryptocurrency markets are trading sideways on Monday amid ongoing tariff uncertainty.

CryptocurrencyPrice   24-Hour Gains +/-
Bitcoin BTC/USD$84,890+0.4%
Ethereum ETH/USD$1,645+0.8%
Solana SOL/USD$130.30-0.8%
XRP XRP/USD$2.15-0.7%
Dogecoin DOGE/USD$0.1613-3.2%
Shiba Inu SHIB/USD$0.0000122-1.4%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume decreasing by 2% and daily active addresses down by 6%.
  • Coinglass data reports 162,000 traders were liquidated in the past 24 hours for $380.80 million.

Notable Developments:


Top Gainers:

CryptocurrencyPrice   Gains +/-
Monero XMR/USD$216+5.1%
Fartcoin FARTCOIN/USD$0.9047+5.0%
Kaspa KAS/USD$0.077+2.6%

Trader Notes: Prominent trader Crypto Kaleo expects Bitcoin dominance to peak soon, which would spark a rally in altcoins compared to Bitcoin.

Analyst Altcoin Sherpa has bad news for Ethereum investors, stating that “you shouldn’t long this coin” until it shows strength. He does not expect a reversal any time soon and expects Ethereum to hit 2019 levels on the Bitcoin trading pair.

Trader Cold Blooded shiller highlights $87,000 as a key level for a “significant change in market momentum,” which would provide the “simplest, cleanest long setup in two months.”

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Image: Shutterstock

BTC/USD Logo
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$93289.00-0.41%

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