Bitcoin traded relatively flat on Tuesday as traders moved to lock in profits.

Notable Statistics:

• Coinglass data shows 78,712 traders were liquidated in the past 24 hours for $532.43 million.      
• SoSoValue data shows net inflows of $337.6 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net inflows of $115.6 million.
• In the past 24 hours, top losers include Official Trump, Pump.fun and Ether.fi.

Notable Developments:

• Bitcoin, Ethereum Are ‘Really Underowned,’ Analyst Says: ‘Two of the Best Assets in the World’
• Does Bitcoin at $79,000 Mean a Bull Run Has Started? Experts Say ‘It’s Complicated’
• Arthur Hayes: Scott Bessent Is ‘Yellen 2.0’ and Bitcoin Is the ‘Liquidity Smoke Alarm’
• XRP Builds Momentum Toward $2 as Active Addresses Surge 654%
• Bitcoin Hit $80,000 With Little Whale Participation: Is That Bullish or Bearish?
• Zcash Hits 8-Year High as World’s First ZEC ETF Goes Live

Trader Notes:

Trader Jelle highlighted that Bitcoin is approaching the critical $83,000 region, where heavy resistance remains. A sustained break above that level would flip market structure back to bullish.

CryptosBatman sees Bitcoin is caught between a liquidity wall above $80,000 and strong bids around $77,000 to $78,000. The next move could depend on which liquidity zone gets swept first.

Trader exitpump explained that a tactical Bitcoin short near $80,000 could make sense as price retests a key VWAP for the first time since the downtrend began.

However, he expects any downside to remain above $70,000, arguing the bottom is already in and pullbacks should be aggressively bought.

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