Bitcoin News– Page 15 of 19

The crypto market has entered a full-blown acceptance phase — where hope turns to realism, and traders adjust to the weight of macroeconomic and structural pressures. Bitcoin, XRP, and Solana are all deep in correction territory, testing critical support levels as market participants stop hoping for quick rebounds and begin pricing in a sustained period of volatility. What started as a technical pullback has evolved into a sentiment reset. From overbought euphoria to reluctant reality, the crypto market’s emotional cycle has shifted — and price action is responding in kind. The Acceptance Phase: Crypto Traders Wake Up to the New Normal The market has likely moved into the “acceptance” stage of the pullback cycle — a phase where denial and dip-buying enthusiasm are replaced with sober caution and adjusted expectations. That sentiment shift is now driving price, volume, and positioning. The shift from greed to fear is complete. And unless macro conditions improve quickly, crypto could remain in correction mode well into Q2. Bitcoin Price Forecast: BTC at Make-or-Break $74,000 Zone Bitcoin is clinging to the $74,000 support zone after last week’s sell-off accelerated below $81,000. This level has become the line in the sand for bulls, with any further breakdown likely triggering a slide toward the $66,000–$59,000 range. Key Technical Levels Support: $74,379 → $66,273 → $59,893 Resistance: $77,234 → $81,285 RSI: 36.66 (bearish but not yet oversold) MACD: Deep in negative territory Bitcoin price today April 9, 2025 The market remains in a wait-and-see mode. The broader bullish structure from Q1 is intact, but only just. If BTC closes below $74K on volume, the selling pressure may intensify. Bulls need a reclaim of $77K to regain momentum. XRP Price Analysis: $1.95 Breakdown Confirms Trend Reversal XRP has decisively broken below its long-held $1.95 support level, now trading around $1.82. The loss of that level removes a major psychological floor, increasing the likelihood of a retest of the $1.64 and $1.50 zones. Key Technical Levels Support: $1.6405 → $1.50 Resistance: $1.9484 → $2.11 RSI: 33.57 (near oversold) MACD: Bearish crossover extended XRPUSD price today April 9, 2025 XRP’s price structure now confirms a trend reversal unless bulls can quickly reclaim $1.95. Momentum traders are likely to remain on the sidelines until a technical bottom forms. The acceptance phase here could extend over several sessions before buyers return. Solana Price Forecast: $106 Support in Focus as Capitulation Looms Solana’s price has dropped below $112 and is currently fighting to hold the $106.73 support area. This level is critical. A daily close below this zone could trigger a rapid drop toward $95.35 — where stronger historical demand has previously emerged. Key Technical Levels Support: $106.73 → $95.35 Resistance: $112.71 → $127.39 RSI: 34.68 (weak momentum) MACD: Still in decline Solana price today April 9, 2025 Solana continues to underperform, reflecting broader weakness in the altcoin sector. The market appears to be repricing expectations and moving away from risk-heavy positions, especially in lower-liquidity altcoins. Macro Triggers Behind the Crypto Retreat This is not just a crypto story. The backdrop has changed — and the digital asset space is reacting to global shifts in capital flow and investor psychology. 1. Inflation Isn’t Budging Sticky core inflation data has upended the consensus narrative that the Fed will begin cutting in June. The market is now pricing in fewer cuts — and later. 2. Yields Are Back Up The 10-year U.S. Treasury yield is back near 4.5%, draining liquidity from risk assets. Bitcoin, which had been trading in sync with the Nasdaq, is now getting hit from both sides: falling equities and rising bond yields. 3. No Fed Put (Yet) Fed officials remain tight-lipped about pivoting early. With oil prices rising and global conflicts intensifying, monetary policy is in a holding pattern — and so is investor conviction. 4. Geopolitical Tension Adds Fuel With China-U.S. tariff rhetoric ramping up and Middle East instability escalating, risk premiums are rising. Crypto is feeling the heat. Summary: Risk Sentiment Rules the Crypto Tape Bitcoin at $74K, XRP at $1.82, and Solana below $112 are more than just numbers — they’re reflections of a market in transition. The speculative mania of Q1 has cooled, replaced with tactical trading, cash rotation, and fear of deeper losses. The “acceptance” phase has arrived — and with it, the realization that bullish complacency won’t pay in the current macro climate. This is where patience, discipline, and clarity matter most.