Daily Crypto Signals: Bitcoin Shows Resilience Above $94K While Ethereum Faces Mixed Outlook

Though market players remain wary about the upcoming directional action, the bitcoin market has begun 2025 with cautious confidence since Bitcoin holds above $94,000. As traders get back from vacation, market volatility should rise in the next days.

Daily Crypto Signals: Bitcoin Shows Resilience Above $94K While Ethereum Faces Mixed Outlook

Crypto Market Overview

Particularly in Bitcoin ETFs which gathered over $35 billion in net inflows through 2024, institutional adoption is generating significant changes in the evolving cryptocurrency market. Chief analyst Ryan Lee of Biget Research speculates that before profit-taking occurs, Bitcoin might reach $120,000.

Bitcoin Holds Above $94,000

BTC/USD

 

Currently trading at $94,000, Bitcoin BTC/USD began the new year on a generally optimistic note. Technical indicators suggest some negative pressure; the relative strength index (RSI) hangs close to 45 while the 20-day exponential moving average (EMA) at $96,278 trends down. Between $90,000 and $85,000, the important support zone is where buyers should show up most aggressively.

Although lengthy wicks on current candlesticks imply notable selling pressure during relief rallies, the recent price action shows bulls trying to push above moving averages. While the immediate support zone is still rather important for sustaining optimistic momentum, a clear breach above $100,000 might set off a rally toward $108,353.

Ethereum (ETH) Faces Key Resistance at $3,555

ETH/USD

 

The future of Ethereum ETH/USD seems to be somewhat complicated. Although the asset lately rallied from its uptrend line, at the 20-day EMA ($3,469) it shows selling pressure. With strong buyer support forecast in the $3,000 to $2,850 zone, technical analysis points to possible downside risk to $3,200 and perhaps $3,000.

With December ETF inflows of $2.6 billion, institutional interest still remains rather high. But Markus Thielen of 10x Research cautions of possible underperformance in 2025 based on issues with network activity and validator expansion. With $3,555 acting as a crucial resistance level for possible upward momentum, a break above the moving averages would indicate revived purchasing activity.

Top Altcoins to Track

XRP/USD

 

  • XRP: Rebounding from the support line of its symmetrical triangular formation, XRP XRP/USD has showed durability. With possible for upward movement to the resistance line, the token must keep prices above the 20-day EMA ($2.18) if it is to remain in the triangular shape. A breakdown under support, though, might cause a drop to $1.62.
  • BNB: Reflecting market uncertainty, BNB BNB/USD is grouping between its 20-day EMA ($696) and resistance at $722. A breakthrough over $722 might start a rally toward $760 and maybe $794; a collapse below the EMA might cause range-bound trading between $635 and $722.
  • Solana: At its 20-day EMA ($198), Solana SOL/USD must pass a vital test. Bears now have the advantage; should the uptrend line break, there is possible downside risk to $155. But a good break above the EMA might drive prices toward $202 and the 50-day SMA at $219. One major driver for 2025 still is the possible acceptance of a US-listed Solana ETF.

Crypto Market Sentiment in 2025

The overall market sentiment remains cautiously optimistic for 2025, though with notable divergence between Bitcoin and altcoin expectations. Institutional adoption continues to be a key driver, while upcoming regulatory decisions and network upgrades could significantly impact individual asset performance.

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ABOUT THE AUTHOR See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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