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Bitcoin At $71,000, Ethereum, XRP, Dogecoin Gain 1%

Bitcoin trades above $71,000 on Tuesday morning as ETFs saw $167.2 million in net inflows on Monday, while Ethereum ETFs reported $16.2 million in net outflows.  

Meme coin market capitalization trades 1.2% higher over the past 24 hours to $33.5 billion.

Trader Commentary:

Analyst Lennaert Snyder said Bitcoin is testing a key resistance level, adding that he is positioned short and may increase exposure if lower-timeframe structure turns bearish.

He identified $67,500 as a downside target, while a reclaim of $71,367 on the four-hour chart would shift bias bullish and open a move toward $74,672.

Trader Ted Pillows noted Ethereum reclaimed $2,150 on improving macro sentiment, as markets price…

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