Bitcoin's volatility near $90,000 diminishes... Ripple is currently engaged in a psychological battle around $1,000

Bitcoin current price is $87,700… Breaking through the upper resistance at $93,500 will determine victory or defeat
Ethereum near $2,950 attempts to break the downtrend line… Approaching to regain $3,100
Ripple swings between $1.86… While spot ETF funds continue to flow in, technical support remains shaky

The overall mood of the virtual asset market during the week can be summarized as a ‘quiet rise.’ Bitcoin, Ethereum, and Ripple are all quietly testing resistance levels, with a particularly notable increase in retail investors entering the futures market. Even as ETF funds are flowing out, the accumulation of unliquidated positions in futures suggests that some other flow is at work.

Institutions are taking profits, retail investors are leveraging

Looking at last week’s supply and demand patterns is quite interesting. $77.77 million flowed out of Bitcoin spot ETFs, and $65.59 million out of Ethereum spot ETFs. It seems institutions sold off to reduce risk after sharp rises. However, Ripple spot ETF is the opposite. $230.74 million continues to flow in, indicating that institutions still have interest in Ripple.

What’s more intriguing is the response in the futures market. Over the past 24 hours, unliquidated positions for BTC, ETH, and XRP have increased by over 2%, 3%, and 1%, respectively. This means funds that left the spot ETF are being replenished through leverage in the futures market. Does this hint at something? It’s evidence that retail investors still believe in a rise.

Bitcoin, the $93,500 level will be decided in one go

Bitcoin(BTC) is currently around $87,700. Technically, it is converging at the apex of a symmetrical triangle pattern. The resistance line connecting the highs of November and December, and the support line connecting the lows, are narrowing.

This is a critical moment. If it definitively closes above $93,500 on the daily chart, a technical breakout will be confirmed. The next target then is $97,205(50-day EMA). The RSI is rising toward the neutral 50 at 46, and the MACD is also trending upward toward the zero line, indicating ongoing technical strength.

Conversely, if the breakout fails? It could fall back to $84,000. This suggests a possible drop straight to the bottom of the current trading range.

Ethereum, another challenge… Reclaiming $3,100 and then $3,240 is the real test

Ethereum(ETH) is currently at $2,950. It is desperately trying to break out of the two-month downtrend line that has been in place since October. First, it must regain $3,100. If it encounters resistance there again, then $3,240 becomes the real barrier.

If it surpasses $3,240? That would mark a genuine trend reversal. The next target could be a return to the 200-day EMA at $3,459. With RSI already moving from 49 toward the neutral zone, the technical signals are leaning bullish.

The support level is the previous low at $2,623. If it cannot hold here, further declines are possible.

Ripple, swinging around the $1.00 level… The 200-day EMA is the key to a rebound

Ripple(XRP) is currently at $1.86. It is barely holding on near the psychological and technical support around $1.86, close to $1,000. While spot ETF funds continue to flow in, technically it remains trapped within a downtrend channel.

Short-term resistance is at $2.18(channel top). Breaking through that could target the medium-term resistance at the 200-day EMA at $2.47. But reaching that level now seems unlikely. More important is the support below. Holding at $1.90, which aligns with the June low, will determine the short-term direction. If it drops below, it must bounce here to prevent further declines.

MACD signals are showing signs of returning to a buy signal, so a rebound is still possible.

Ultimately, breakout or re-adjustment?

The market is at a crossroads. If Bitcoin surpasses $93,500, the entire market will enter a full-fledged rally. Ethereum and Ripple will inevitably follow. Conversely, if it fails, everyone will face a correction.

Even as institutions exit, retail investors continue to increase their futures positions. This indicates a different flow from ETFs is at work. Will this be enough to support the market? Or will the institutions’ judgment prove correct? The answer will likely be revealed by whether the technical resistance levels are broken this week.