Bitcoin, Ethereum, XRP, Dogecoin Trade Sideways on Low-Volatility Tuesday

Bitcoin trades above $64,000 as spot Bitcoin ETFs returned to net inflows on Monday.

Notable Statistics:

• Coinglass data shows 64,687 traders were liquidated in the past 24 hours for $242.91 million.       
• SoSoValue data shows net inflows of $297.6 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net inflows of $30.85 million.
• In the past 24 hours, top gainers include Venice Token, Bitway and POL.

Notable Developments:

Trader Notes:

Crypto trader Jelle argued Bitcoin appears to be in the late stages of its bear market, with spot exchange volume at its lowest since 2019, more than half of supply underwater and exchange inflows slowing.

Seller Exhaustion and MVRV-Z metrics are also approaching historical bottom levels, suggesting a potential accumulation opportunity.

CryptosBatman explained Bitcoin has historically seen major trend shifts around U.S. midterm election years, making the 2026 vote a key window to watch.

With November approaching, the trader expects BTC’s price action to become particularly significant. The previous cycles have produced major repricing.  

Trader KillaXBT noted Bitcoin has consolidated above $61,000 for nearly two months, yet traders remain heavily focused on a potential drop toward $50,000.

The trader cautions against repeatedly lowering downside targets simply to fit a bearish bias, arguing that price action, not expectations, should dictate positioning.

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