Bitcoin, Ethereum, XRP, Dogecoin Trade Sideways As Iran Peace Push Stalls

Bitcoin is holding around $78,000, suggesting resilience even as broader markets react to geopolitical risk-off sentiment.

Notable Statistics:

• Coinglass data shows 100,758 traders were liquidated in the past 24 hours for $221.37 million.       
• SoSoValue data shows net inflows of $85.04 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $42.8 million.
• In the past 24 hours, top gainers include Stable, Humanity Protocol and MemeCore.

Notable Developments:

• Kevin O’Leary Says ‘Just Own Bitcoin And Ethereum’ As Altcoins ‘Never Came Back’
• Bitcoin Is 2 Bets For The Price Of 1, Bitwise Says: Here’s What That Means
• Anthony Scaramucci Says Bitcoin’s Doing Fine, But His Portfolio Is Stacking Altcoins Too
• Coinbase, Ripple, Andreessen Horowitz Ring The Alarm Bell On The CLARITY Act
• 7 Billion XRP Coins Withdrawn From Exchanges In 3 Months: What Is Going On?

Trader Notes:

Ted Pillows noted that previous major market bottoms, such as those in August 2024 and April 2025, were marked by Bitcoin sweeping prior lows before reversing higher.

However, he pointed out that this pattern did not occur in November 2025, which led to further downside. A similar setup is now unfolding, as the February 2026 low has yet to be revisited.

Based on this historical behavior, Pillows said a move toward the $60,000 range could still be needed to establish a more durable bottom.

Quantative trader KillaXBT echoed a similar view, arguing that Bitcoin likely has not formed a definitive bottom at $60,000.

Drawing on prior market cycles, he said a sweep of previous lows remains a common pattern before a sustained uptrend begins, making a retest of lower levels plausible.

Both analysts characterized the current price action as a "relief bounce" rather than a confirmed trend reversal.

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