Crypto markets are trading sideways on Friday morning as the fear and greed index continues to extend into the ‘extreme greed’ zone.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $111,032.03 | +0.22% |
| Ethereum (CRYPTO: ETH) | $2,662.21 | +0.65% |
| Solana (CRYPTO: SOL) | $185.24 | +4.2% |
| XRP (CRYPTO: XRP) | $2.43 | +0.96% |
| Dogecoin (CRYPTO: DOGE) | $0.2451 | +2.4% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001552 | +1.9% |
Notable Statistics:
- IntoTheBlock data shows Bitcoin and Ethereum large transaction volume increased by 26.2% and 4.6%, respectively. BTC's daily active addresses are up by 5.8%.
- Coinglass data shows 103,711 traders were liquidated in the past 24 hours for $247.61 million.
- SoSoValue data shows $934.7 million in net inflows into spot Bitcoin ETFs and $110.5 million net inflows into spot Ethereum ETFs.
Trader Notes: Michael van de Poppe sees the $105,000–$108,000 zone as a prime buy-the-dip opportunity for BTC and altcoins, stating the real bull market is now underway.
CrediBULL Crypto believes Bitcoin's impulsive breakout confirms his January thesis, forecasting a massive altcoin rally ahead.
Daan Crypto Trades points to $110,000 and $112,000 as critical breakout levels for Bitcoin, noting BTC's unusually steady price action near all-time highs.
Cold Blooded Shiller sees Solana nearing a breakout from its 4-month downtrend, urging traders not to assume they've missed the move.
Trader Tardigrade believes Dogecoin is on the verge of breaking recent highs.
Pentoshi highlights Ethereum approaching the $2,800s. A clean flip could open the door to $3,300, but first it needs to hold that zone.
Read Next:
- Bitcoin To $120,000 Next? Here’s What Technical Analysis Says
Image: Shutterstock
