Amidst overall volatility in the cryptocurrency market, Bitcoin has entered a short-term correction phase. The current trading price of Bitcoin (BTC) is 132.13 million Korean won, down 0.50% from 24 hours ago. Although the short-term upward trend line has been broken, the medium-term upward trend remains intact.
However, the support level at $86,500 (approximately 114 million Korean won) has held firm, and some believe that if this level can be maintained, a rebound to $98,000 (approximately 129 million Korean won) is possible. In particular, the spot Bitcoin ETF recently recorded inflows exceeding $12 billion, the highest level since October 2025.
Ethereum (ETH) is trading at 4.39 million won, down 0.99% from the previous day, but its network activity metrics are hitting record highs. The number of active wallet addresses has nearly doubled in the last 30 days, indicating significant user inflow, and the 7-day average daily transaction volume has reached 2.5 million, a new all-time high.
Ethereum's $2,900 (approximately 3.83 million Korean won) support level is considered an important range that could provide future buying opportunities. Furthermore, the spot Ethereum ETF recorded a net inflow of $479 million last week, indicating a robust investment trend.
Major Altcoin showed divergent trends. Ripple (XRP) was trading at 2,865 won, up 2.16%, making it the only major cryptocurrency to show an upward trend. Solana (SOL), however, fell slightly to the 190,000 won level, and its correction continues.
Institutional funds continue to flow into the cryptocurrency market. JPMorgan Chase projects $130 billion in inflows by 2025 and predicts continued inflows this year. Of particular note is the CLARITY bill currently under discussion in the US, which is seen as a catalyst for boosting institutional investor confidence.
The cryptocurrency market also gained similar momentum from the surge in AI-related technology stocks, continuing its positive flow. While regulatory discussions regarding stablecoins and market structure continue, overall, the institutionalization process is moving in a direction favorable to cryptocurrencies.
TokenPost AI Notes: This article uses a language model based on TokenPost.ai for its summary. The main content may be omitted or may differ from the facts.
