Technical Analysis

Ethereum has moved back above $2,100, but Binance market depth appears thinner than earlier in the cycle. CryptoQuant data shows Binance's exchange liquidity ratio near 5.01 and 30-day cumulative turnover around 16.65 million ETH, while reserves sit close to 3.32 million ETH. With participation muted, the same price level may react more sharply if large orders return to the market.

Bitcoin is still trading in a bear-flag structure that implies a potential move toward sub-$50,000, but a breakout above the upper trendline near the mid-$70,000 area could flip the setup bullish. Since March 2, Strategy's holdings increased by 46,233 BTC versus about 16,200 BTC mined in the same span, and the pattern's measured-move target is near $108,000-$110,000.

Bitcoin rose to around $69,000, up about 4% in a day after bouncing from a long-term trendline that has marked major cycle lows since 2017. Strategy disclosed it bought 4,871 BTC for about $329.9 million at an average $67,718 per coin, lifting total holdings to 766,970 BTC. The setup highlights key levels around $72,000 resistance and $66,000 downside invalidation.

XRP climbed back to $1.34 over the past 24 hours, while derivatives liquidations skewed heavily toward shorts. Short liquidations hit $2.03 million versus just under $161,700 in longs, creating a 1,237% long-short liquidation imbalance. Key levels highlighted include resistance near $1.35 and support around $1.28, with a Tokyo conference set to begin tomorrow where XRP will be a major topic.

On April 6, 2026, the altcoin market excluding Bitcoin and Ethereum was described as down about $450 billion over three months, while the Altcoin Season Index stood at 32. Analysts pointed to selective technical rebounds—TradingView's TOTAL3 was near $706 billion above its 50-period SMA, with RSI at 60.69—while stressing that many setups remain conditional on Bitcoin holding key support.

Cardano (ADA) saw trading volume rise 77.8% over the last 24 hours while its price stayed in a narrow $0.25–$0.26 band. Despite the activity spike, ADA remains below the 50, 100 and 200 EMA, and derivatives data shows mixed positioning, with long/short ratios above 1 across major exchanges but uneven liquidation patterns.

Crypto analyst LP says Bitcoin has not printed a definitive bottoming structure yet, even as BTC holds support and tries to retake $70,000. He argues prior bear-market bottoms typically arrived after repeated low sweeps and capitulation, and he continues to watch for a potential move toward $63,000. BTC was last seen near $69,100, up over 3% in 24 hours.

XRP moved mostly sideways on Sunday after a choppy week, down about 2% over the past seven days before rising 4.80% in the last 24 hours to $1.34. Ripple CTO Emeritus David Schwartz revisited his long-circulated line that "XRP cannot be dirt cheap," saying it was meant to explain how the token works in payments rather than signal a price target. Analysts also flagged key levels including $1.31, $1.05–$1.09, and possible liquidity zones near $1.28 and $1.35.

Bitcoin rose 3% to $69,200 on Monday as dip buyers returned, while Ether gained 3.7% over the same period. Prices have largely stayed inside a ~$63,000–$72,000 band, with technicians focused on whether $69,920 can hold on the 8-hour chart. Geopolitical headlines around a possible Tuesday escalation involving Iran, alongside a ceasefire-talks report, are being watched for their potential impact on risk assets.

Bitcoin traded sideways on Friday after a volatile week, while CryptoQuant data showed the 1,000–10,000 BTC cohort shifting from accumulation to distribution. The group's one-year net holdings fell by 188,000 BTC after an aggressive 200,000 BTC accumulation throughout 2024, as BTC was last quoted at $69,421, up 3.83% in 24 hours. Analysts highlighted key levels around $65,000–$67,000 and debated whether recent signals point to a rebound or further downside.