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Home/Briefs/cryptocurrency
BriefApril 9, 2026 · 10:09 PM

Bitcoin and Ethereum Pivot on Mid-February Bottoms

A break above $2,300 in Ethereum would confirm a new breakout. This follows a period where Ethereum has tested the upper bound of its October downtrend. Bitcoin buyers regained control after bouncing above the $70,000 pivot zone. The total crypto market cap breached the 50-Day Moving Average and the 2026 downward trendline after bottoming in mid-February. This recovery aligns with crypto ETF flows, which shifted to slow but consistent growth after bottoming in mid-February. These flows had been in a state of persistent outflow since October.

Felix Sterling
CryptocurrencyETF flowsMarket Technicals

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