Bitcoin is holding its ground near the critical structural support zone around $90,000. Active demand and accumulation have prevented further decline, but resistance above remains strong. After breaking below the 50-day moving average, the Shiba Inu support level has turned into resistance, significantly weakening its short-term recovery prospects and causing the market structure to lean towards consolidation. Meanwhile, XRP fluctuates within the $1.90 to $2.00 range, with limited tolerance space. This range currently serves as a key dividing line between stabilization and potential further retracement, as buying momentum remains weak.
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Bitcoin is holding its ground near the critical structural support zone around $90,000. Active demand and accumulation have prevented further decline, but resistance above remains strong. After breaking below the 50-day moving average, the Shiba Inu support level has turned into resistance, significantly weakening its short-term recovery prospects and causing the market structure to lean towards consolidation. Meanwhile, XRP fluctuates within the $1.90 to $2.00 range, with limited tolerance space. This range currently serves as a key dividing line between stabilization and potential further retracement, as buying momentum remains weak.