Cryptocurrency markets are trading sideways on Tuesday morning, with market commentators remaining cautious about near-term prospects.
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $115,536.31 |
| Ethereum | (CRYPTO: ETH) | $4,298.11 |
| Solana | (CRYPTO: SOL) | $181.85 |
| XRP | (CRYPTO: XRP) | $3.01 |
| Dogecoin | (CRYPTO: DOGE) | $0.2203 |
| Shiba Inu | (CRYPTO: SHIB) | $0.00001264 |
Notable Statistics:
- Coinglass data shows 95,544 traders were liquidated in the past 24 hours for $298.32 million.
- SoSoValue data shows net outflows of $121.8 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net outflows of $196.6 million.
Trader Notes: Crypto trader Jackis highlighted that Bitcoin is locked in a tight volatility squeeze, with a breakout imminent though the direction is unclear.
He is leaning bullish but emphasizes the importance of setting invalidation levels and riding the trend rather than trying to call exact tops, noting a similar squeeze in …