The post Crypto Market Review: Is Bitcoin (BTC) Bull Mode Switched On? XRP Looks Hopeless at $1, Solana (SOL) Heads to $95 in Surprising Mini-Bull Run appeared The post Crypto Market Review: Is Bitcoin (BTC) Bull Mode Switched On? XRP Looks Hopeless at $1, Solana (SOL) Heads to $95 in Surprising Mini-Bull Run appeared

Crypto Market Review: Is Bitcoin (BTC) Bull Mode Switched On? XRP Looks Hopeless at $1, Solana (SOL) Heads to $95 in Surprising Mini-Bull Run

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Bitcoin is showing early signs that momentum may be shifting back in favor of buyers. XRP is moving in an extremely dull sideways trend, while Solana is heading upwards for the first time in months. Unfortunately, though, the overall structure of the market leaves a lot to be desired. 

Bitcoin sees structural change

The recent surge above $70,000 has altered the market’s short-term structure following weeks of pressure and a protracted correction. This move is one of the most obvious indications that bullish activity is returning in recent weeks, even though the overall trend has not yet completely reversed.

BTC/USDT Chart by TradingView

Since late January, the market has been clearly in a downward trend, with Bitcoin forming a number of lower highs and continuously falling below a number of significant moving averages. The asset moved toward the mid-$60,000 range in February as selling pressure increased, compelling traders to take a defensive posture. The market’s mood remained cautious as the price repeatedly failed to maintain attempts at recovery.

Crypto Market Review: Is Bitcoin (BTC) Bull Mode Switched On? XRP Looks Hopeless at $1, Solana (SOL) Heads to $95 in Surprising Mini-Bull Run

Armstrong: AI Agents Will Soon Out-Transact Humans

Why $70,000 was important

However, the recent rebound slightly changed the picture. The $70,000 resistance level, which had previously served as a temporary ceiling during the consolidation phase, was successfully breached by Bitcoin. After a significant correction earlier in the quarter, this move implies that buyers are starting to regain control.

In technical terms, a growing support structure also occurs at the same time as the breakout. Bitcoin has been printing higher lows, creating a rising support line that shows demand is progressively increasing below the price. Buyers have been drawn to each dip toward the mid-$60,000 range, keeping the market from returning to earlier deeper lows.

You Might Also Like

The improvement in market momentum indicators is another positive factor. Relative strength has started to rebound from oversold territory, which frequently happens when selling pressure starts to wane. The most recent rebound also saw an increase in volume activity, indicating that meaningful participation rather than thin liquidity supported the move.

Nevertheless, there are still challenges facing the market. Many significant moving averages are still above the price, especially in the $73,000-$80,000 range, where Bitcoin previously faced significant resistance. A stronger trend reversal would be confirmed by a sustained move through this area.

Solana wakes up again

Solana has started a slight but discernible upward trend after several months of declining price action. Even though this change is slight in comparison to the powerful rallies that occurred earlier in the cycle, it nevertheless signifies a significant increase in short-term momentum.

SOL/USDT Chart by TradingView

Solana has begun to form higher lows on the daily chart, resulting in a rising support structure that presently keeps the price above the $80 mark. Buyers are gradually returning to the market, as indicated by this steady upward slope. The asset is able to create a tiny upward channel because each pullback is absorbed at a slightly higher rate than the one before it.

It is not an explosive move. Rather, Solana is rising slowly and steadily, which is the type of price behavior that frequently emerges in the early phases of stabilization following a significant correction.

What fueled demand?

The asset has been working to rebuild its structure around the mid-$80 range, where demand has begun to emerge since the steep decline earlier in the quarter. The path to the $95 level, which is clearly the next significant technical goal, has been made possible by this emerging mini-trend.

The 50-day exponential moving average, which is presently centered on that region, gives this level its significance. Reaching that level would be the first significant test of Solana’s recovery attempt because moving averages frequently function as dynamic resistance during downtrends.

You Might Also Like

A move toward $95 would show that the market can maintain upward momentum once more, but it would not necessarily indicate a complete trend reversal. Breaking through the 50 EMA could then open the door to a broader recovery phase, especially if overall market sentiment improves alongside Bitcoin and the rest of the crypto sector.

A gradual return of interest is also suggested by volume behavior during the recent rebound. During upward movements, trading activity has increased, suggesting that genuine participation rather than poor liquidity is driving the current ascent.

XRP under control

Although XRP is presently trading in the $1.30-$1.35 range, the asset’s overall technical picture is still unfavorable for the market.

XRP is still having trouble regaining its upward momentum after several months of declining price action. With few indications of stabilization, the chart’s structure indicates that sellers are still in complete control of the market.

Source: Coinglass

One of the most obvious problems is the persistent downtrend structure. Since late 2025, XRP has been making lower highs and lower lows, which is the most obvious sign of a bearish market. Every attempt at a recovery has been short-lived, encountering opposition fast and driving the asset back down. Even the most recent consolidation above the rising support line seems brittle rather than solid.

The major moving averages’ positions are another worrying factor. The price is still much higher than the 50-, 100- and 200-day trend indicators. The general bearish momentum is being reinforced by the downward slope of these moving averages. 

The price of XRP would first need to overcome a number of resistance layers between about $1.40 and $1.80 in order to make a significant recovery. The asset is still technically trapped under extreme pressure until that occurs.

The technical picture is also reflected in market sentiment. While the overall trend is still negative, traders seem reluctant to commit to aggressive long positions. Because of this, XRP is presently trapped in a small consolidation range that is only marginally higher than recent local lows.

Source: https://u.today/crypto-market-review-is-bitcoin-btc-bull-mode-switched-on-xrp-looks-hopeless-at-1-solana-sol-heads

Market Opportunity
Bitcoin Logo
Bitcoin Price(BTC)
$70,439.69
$70,439.69$70,439.69
+2.26%
USD
Bitcoin (BTC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Tennis Death Threats & Match Fixing: WTA Players Targeted

Tennis Death Threats & Match Fixing: WTA Players Targeted

Cryptsy - Latest Cryptocurrency News and Predictions Cryptsy - Latest Cryptocurrency News and Predictions - Experts in Crypto Casinos WTA players Panna Udvardy
Share
Cryptsy2026/03/10 18:37
Swiss Crypto Bank Just Became the First Regulated Bank Inside the EU’s Blockchain Trading System

Swiss Crypto Bank Just Became the First Regulated Bank Inside the EU’s Blockchain Trading System

AMINA Bank AG joined 21X as its first fully regulated bank participant, connecting institutional-grade custody to the European Union’s only DLT-regulated trading
Share
Ethnews2026/03/10 18:10
Curve Finance Pitches Yield Basis, a $60M Plan to Turn CRV Tokens Into Income Assets

Curve Finance Pitches Yield Basis, a $60M Plan to Turn CRV Tokens Into Income Assets

The post Curve Finance Pitches Yield Basis, a $60M Plan to Turn CRV Tokens Into Income Assets appeared on BitcoinEthereumNews.com. Curve Finance founder Michael Egorov unveiled a proposal on the Curve DAO governance forum that would give the decentralized exchange’s token holders a more direct way to earn income. The protocol, called Yield Basis, aims to distribute sustainable returns to CRV holders who stake tokens to participate in governance votes, receiving veCRV tokens in exchange. The plan moves beyond the occasional airdrops that have defined the platform’s token economy to date. Under the proposal, $60 million of Curve’s crvUSD stablecoin will be minted before Yield Basis starts up. Funds from selling the tokens will support three bitcoin-focused pools; WBTC, cbBTC and tBTC, each capped at $10 million. Yield Basis will return between 35% and 65% of its value to veCRV holders, while reserving 25% of Yield Basis tokens for the Curve ecosystem. Voting on the proposal runs from Sept. 17 to Sept. 24. The protocol is designed to attract institutional and professional traders by offering transparent, sustainable bitcoin yields while avoiding the impermanent loss issues common in automated market makers. Diagram showing how compounding leverage can remove risk of impermanent loss (CRV) Impermanent loss occurs when the value of assets locked in a liquidity pool changes compared with holding the assets directly, leaving liquidity providers with fewer gains (or greater losses) once they withdraw. The new protocol comes against a backdrop of financial turbulence for Egorov himself. The Curve founder has suffered several high-profile liquidations in 2024 tied to leveraged CRV purchases. In June, more than $140 million worth of CRV positions were liquidated after Egorov borrowed heavily against the token to support its price. That episode left Curve with $10 million in bad debt. Most recently, in December, Egorov was liquidated for 918,830 CRV (about $882,000) after the token dropped 12% in a single day. He later said on…
Share
BitcoinEthereumNews2025/09/18 18:00