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Major cryptocurrencies are dipping on Thursday morning as market participants wait for an announced phone call between President Donald Trump and China’s president Xi Jinping.

Notable Statistics:

• IntoTheBlock data shows Bitcoin and Ethereum large transaction volume decreased 11.3% and 17.8%. Daily active addresses went down by 14.6% and 5.5%, respectively.

• Coinglass data shows 93,731 traders were liquidated in the past 24 hours for $229.60 million.

• SoSoValue data shows net inflows of $86.9 million into spot Bitcoin ETFs. Spot Ethereum ETFs saw net inflows of $56.98 million.

Trader Notes: Crypto trader Jelle notes that Bitcoin is consolidating between key EMAs and holding local support, exactly as expected. He anticipates more sideways action before a breakout to the upside.

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Michael van de Poppe sees a potential liquidity sweep coming, predicting Bitcoin could dip below recent lows to flush weak hands before reversing sharply and setting the stage for a stronger upward move.

On Solana, More Crypto Online says the altcoin remains in a corrective phase, struggling below the $164.50 resistance. The next support to watch is $143.50, and a confirmed 5-wave impulse is needed to flip the bias back to bullish.

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Meanwhile, Kong Trading stated that Ethereum continues to look attractive amid consistent ETH ETF inflows.

For Dogecoin, Trader Tardigrade highlights a historical pattern where DOGE/BTC makes lower lows while DOGE trends upward, a signal that has preceded every major DOGE pump. That setup appears to be repeating now..