Trading

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.

Santiment data shows Tether (USDT) wallets on Ethereum declined by 72,841 addresses over 48 hours, a 0.54% drop. The article argues such contractions are uncommon and may reflect reduced participation from smaller investors, while Bitcoin trades near $69,600 amid what some analysts describe as a rare “bottom discovery range.”

Strategy disclosed a $14.46 billion unrealized loss for Q1 2026 and said its MSTR shares were down 21% year-to-date. It also reported buying 4,871 BTC for about $329.9 million between April 1 and April 5, bringing total holdings to 766,970 BTC.

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.

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 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.

A Polymarket trading bot operating as "woshfq19" logged roughly $64,334 in all-time profit over four days by trading five-minute Bitcoin up-or-down contracts. The standout trade on April 3 (7:30 PM–7:35 PM ET) reportedly bought at $0.01, accumulated 16,262 shares, and exited minutes later as pricing normalized. The move turned about $16 into more than $16,000, a gain of around 9,900%.

A Hyperliquid trader identified as James Wynn was liquidated after betting against Bitcoin, leaving about $900 in his account and a reported $99.1 million loss. Bitcoin rose 3.62% in 24 hours to $69,277.90 after moving between $66,669.53 and $69,527.90, while volume jumped 83.33% to $30.69 billion.

Bitcoin is hovering just under $70,000 as markets focus on the March CPI release scheduled for April 10 at 8:30 AM ET. A softer inflation reading is framed as supportive of a move toward $75,000, while a hotter core CPI print above 0.3% month-over-month is described as raising odds of a pullback toward the $60,000–$62,000 area. Technical levels highlighted include resistance near $73,700 and support around $67,500 tied to the 200-day EMA.