An analyst known as Deg_ape argues that the Bitcoin halving has never functioned as a rigid four-year clock, but rather as a structural anchor within broader liquidity and macro cycles. According to this view, macro bear phases expand and overlap as liquidity conditions shift, with recent data showing around $130 billion in new liquidity injections and a historic 30-day balance decline among retail wallets while larger holders accumulate. This divergence suggests that price action may lag underlying liquidity, driving capitulation among smaller investors even as bigger players reposition for the longer term.

Bitcoin is in a key inflection phase as it trades above the $86,000 weekly support zone while momentum weakens after a rejection near $93,000. Analyst Michael Van De Poppe notes that price remains in a short-term downtrend unless BTC can reclaim $88,000, with potential liquidity targets at $83,000 and $80,000. Another analyst, Crypto Damus, highlights that a deeper retracement toward $78,000 or even a longer-term retest around $70,000 could still fit within the broader market cycle.

A new money market fund called My On-Chain Net Yield Fund (MONY) has been launched by J.P. Morgan Asset Management, using Ethereum as its settlement layer with shares issued and tracked on the Kinexys platform. The fund targets capital preservation and liquidity for large investors while offering faster settlement, continuous issuance and redemptions, and more efficient ownership transfers. Commentators also highlight Ethereum as a global, neutral economic coordination layer whose value extends beyond cash flow-based models.

According to a daily update from CyrilXBT, ETH is stabilizing after a selloff, trading near $3,131 while remaining below the 50-day EMA around $3,281 and resistance clustered near $3,300–$3,400. Initial support is around $3,050, with a broader $2,750–$2,900 demand zone and the $2,905 low pivotal; a firm close above $3,300–$3,400 could refocus $3,500.

Ethereum is holding above a key support near $3,091 while price compresses below the $3,200 area. Traders are watching whether this base resolves in an upside break or a retest, with momentum divergence and institutional interest cited as catalysts for the next directional move.

Bitcoin is holding within a tight band between $86,000 and $100,000 as analysts highlight a macro retracement. Crypto Patel points to a confirmed top, a completed Head and Shoulders, and Fibonacci supports at $56,700, $44,000, and $35,000. CyrilXBT notes price near $90,300, capped by $96,000–$100,000 and supported at $86,000–$88,000.

Dogecoin's price action is compressing inside a symmetrical triangle alongside a high‑timeframe Wyckoff structure. A multi‑timeframe range framework highlights longs at extreme discount and shorts at extreme premium, with risk capped at 2% and targets at 40% and first range supply. On lower timeframes, developing LPS/BOS signals and an 8H Bojan pivot point to a potential directional break.

Bitcoin has repeatedly moved lower following each Federal Open Market Committee meeting in 2025, reflecting its growing sensitivity to US Federal Reserve policy and interest-rate expectations. Analyst CryptoMichNL expects the real directional move to appear within one to two weeks after the latest decision, with Bitcoin needing to clear $92,000 to challenge the $100,000 area while keeping its broader bullish structure intact. Trader Daan Crypto Trades highlights that the recent pullback bounced at the 0.382 Fibonacci retracement of the cycle, suggesting the uptrend on higher timeframes remains valid.

XRP remains in a broader downtrend, but upside moves are strengthening while pullbacks slow, according to MakroVision Research. A sustained break above $2.48 is flagged as pivotal, with nearby resistance at $2.2–$2.22 and support at $1.95–$1.88. Failure to clear resistance could reopen risk toward the $1.4 low.