Crypto Volatility Hits: Bitcoin Restrained, Ethereum Under Pressure
The crypto market exhibited mixed dynamics as investors reacted to capital flow trends and technical pressure on Monday. Bitcoin is currently trading around US$109,053, a slight increase from its previous close, reflecting post-turmoil consolidation—its intraday high touched US$109,846 and its low reached US$107,283. Meanwhile, Ethereum is hovering around US$4,350, down about 2.3% from the previous day's close, accompanied by high volatility with an upper limit of around US$4,487 and a lower limit of US$4,314.
Although Bitcoin's price remained relatively stable, the market experienced mild pressure. Following a further correction, Ethereum declined more sharply, highlighting the need to monitor for strong psychological support. Nevertheless, crypto funds still saw significant inflows: crypto ETPs/ETFs raised nearly US$2.5 billion over the past week, with Ether being the leading indicator—accounting for approximately US$1.4 billion of total inflows.
Overall, the crypto market remains in a "wait-and-see" phase, with investors awaiting clearer technical and fundamental signals. Sentiment remains cautious as Ethereum's correction raises questions about the sustainability of its bullish momentum. Going forward, price gains are likely driven by positive sentiment—such as bullish AI projections for Bitcoin or continued institutional interest in Ethereum via ETFs.
Source: Newsmaker.id
