Bitcoin is trading near $90,000 while Ethereum is holding over $3,000 as the crypto market consolidates

Bitcoin is trading around $90,000, while Ethereum remains above $3,000, as the crypto market heads towards a consolidation phase. The cryptocurrency was trading at $90,016, while Ethereum was trading at $3,112.In the past 24 hours, Bitcoin and Ethereum are up 1.63% and 3.40% respectively. Among the major altcoins, XRP, BNB, Solana, Tron, Dogecoin, Cardano and Hyperliquid are up almost 12% in the past 24 hours. According to CoinMarketCap, the global cryptocurrency market capitalization rose 2.51% to $3.08 trillion.

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Nischal Shetty, founder of WazirX says global markets remain cautious as mixed macro signals and uneven liquidity conditions keep investors selective on risk exposure, a trend also reflected in crypto markets

Shetty adds that Bitcoin (BTC) is trading around $90,260, showing a slight increase. Ethereum (ETH) is trading at around $3,123 and trading volumes for both assets remain subdued over the past 24 hours, indicating a consolidation phase as markets wait for clearer macro cues.

Over the past week, Bitcoin and Ethereum rose 2.96% and 6.22% respectively. Of the major altcoins, XRP, BNB, Solana, Tron and Dogecoin rose over 16% last week, while Hyperliquid fell 4.60% over the same period.

Riya Sehgal, research analyst at Delta Exchange, says the recovery reflects improving liquidity after weeks of consolidation, and on-chain data shows moderate selling pressure but no signs of capitulation, indicating controlled accumulation.

Sehgal adds that overall, the market enters 2026 in a consolidation regime, with Bitcoin stable, Ethereum showing leadership and altcoins coming back to life as traders move into higher beta assets, indicating cautious optimism and possible preparation for the next leg higher later in the year.

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Sharing the technical perspective, Sehgal said that technically on the 4-hour charts, Bitcoin has reclaimed the 200 EMA at $89,635, turning the short-term bias slightly bullish above $89,600 with resistance at $90,500-$92,000 and strengthening Ethereum’s structure, which is trading above all major EMAs with momentum favoring a push towards $3,250-$3,300 as $3,180 breaks.