Last Updated on 02/09/2026
- Bitcoin consolidates above $78,000 as ETF inflows return, helping support the broader bullish outlook.
- Ethereum pauses near $2,450 while continued institutional demand provides underlying support.
- XRP remains under pressure, with the 200-day EMA around $1.35 serving as a key support level.
Institutional demand remains firm as Bitcoin, Ethereum and XRP consolidate
Cryptocurrency markets are broadly moving sideways on Tuesday after their recent advance lost momentum amid renewed geopolitical tensions in the Middle East over the weekend. Bitcoin (BTC) is holding above the $78,000 level as buyers struggle to push the price higher. Ethereum (ETH) and XRP are also maintaining a neutral-to-bullish stance, trading above important support levels near $2,400 and $1.35, respectively.
Institutional interest continues to support crypto assets
Risk appetite has remained relatively strong in recent weeks, reflecting improving market sentiment. The Crypto Fear & Greed Index stood at 69 on Tuesday, up from 62 a day earlier, signaling a shift toward greater investor optimism.
If this positive sentiment persists, stronger demand for cryptocurrency investment products could help offset downside pressure and increase the possibility of another recovery phase.
Bitcoin spot ETFs attracted approximately $217 million in net inflows on Monday, reversing the $202 million in outflows recorded on Friday. According to SoSoValue, cumulative inflows have reached around $55 billion, while total net assets under management remain near $100 billion.
Ethereum spot ETFs also continued to attract capital, recording approximately $88 million in inflows on Monday. The sustained demand highlights continued institutional interest in gaining exposure to Ethereum.
Meanwhile, XRP spot ETFs recorded their tenth consecutive session of inflows, receiving nearly $6 million on Monday. Total cumulative inflows have climbed to approximately $1.66 billion, while average net assets under management remain around $1.45 billion.
Technical Analysis: Bitcoin remains range-bound
Bitcoin is trading near $78,324 and continues to hold comfortably above its major exponential moving averages (EMAs), preserving a constructive short-term trend despite the recent pause below its highs.
The Relative Strength Index (RSI) is hovering close to 70, approaching overbought territory, while the Moving Average Convergence Divergence (MACD) remains positive. Together, these indicators suggest that bullish momentum is still intact, although its strength has moderated.
On the downside, the 50-day EMA near $70,046 represents the first major support area, followed by the 100-day EMA around $69,086. A deeper correction could bring these levels into focus as potential areas where buyers may attempt to defend the broader uptrend. The 200-day EMA near $72,351 also remains an important medium-term reference during a larger pullback.
Altcoin Technical Analysis: Ethereum and XRP face limited upside momentum
Ethereum continues to show a positive short-term structure, with price holding well above its 50-day, 100-day and 200-day EMAs, which are positioned between approximately $2,045 and $2,170.
The RSI near 68 indicates solid bullish momentum but is approaching overbought territory. Meanwhile, the MACD has flattened around the zero line, suggesting that upside momentum remains positive but is beginning to lose strength.
Immediate support is located around $2,458, while stronger downside protection comes from the 200-day EMA near $2,168, followed by the 50-day EMA at approximately $2,117 and the 100-day EMA around $2,047. This EMA cluster could provide a broader demand zone if Ethereum undergoes a deeper correction.
With no major resistance level immediately overhead on the daily chart, a renewed advance would likely depend on fresh buying pressure. However, the elevated RSI leaves room for consolidation or a pullback toward the EMA cluster before another attempt at higher levels.
XRP continues to trade above its 200-day EMA near $1.35, keeping its broader technical structure constructive despite the recent retreat from higher levels. The 50-day and 100-day EMAs remain significantly below the current price around $1.21, while the RSI near 61 points to moderate bullish momentum without signaling overbought conditions.
However, the MACD has turned slightly negative, indicating that upside momentum is fading rather than confirming a decisive trend reversal.
Initial support is found around $1.37, followed by stronger structural support at the 200-day EMA near $1.35. A more significant decline could bring the $1.21 area into focus, where the 50-day and 100-day EMAs converge.
The $1.37–$1.35 zone is therefore crucial for XRP in the near term. Holding above the 200-day EMA would preserve the broader bullish outlook, while a daily close below this level could signal a more significant deterioration in the underlying trend.
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