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Cryptocurrencies are consolidating on Tuesday morning after a rally on Monday evening following the U.S. intervention in the Iran-Israel conflict.

Notable Statistics:

• IntoTheBlock data shows Bitcoin and Ethereum large transaction volume increased by 34.2% and 19.6%, respectively. Daily active addresses spiked by 14.2% and 6.4%, respectively.

• Coinglass data shows 133,459 traders were liquidated in the past 24 hours for $504.24 million.

• SoSoValue data shows net inflows of $350.4 million into spot Bitcoin ETFs on Monday, while spot Ethereum ETFs saw net inflows of $100.8 million.

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Trader Notes: Crypto trader Dentoshi says Bitcoin must maintain its current structure, particularly the daily 100EMA and weekly open/lows, to confirm a base for further upside.

The recent drop during wartime uncertainty is seen as a “war deviation” and not a structural breakdown.

If this support zone fails, however, BTC could revisit the $95,000 range.

Jelle notes BTC’s brief dip below prior all-time highs and moving average cluster was swiftly reclaimed, a sign bulls are still in control. A weekly closure above this level may signal a push toward new all-time high.

Crypto trader CW spots a key sell wall for XRP at $2.4, with another significant wall around $2.6, indicating resistance ahead.

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Carl Moon highlights that Ethereum accumulation is growing, with 22.8 million ETH held by long-term holders, a bullish signal for the asset’s long-term trajectory.