Crypto Market Analysis (April 12, 2025): BTC, ETH, XRP, ALTCOINS

As of now, April 12, 2025, the cautious recovery of the global cryptocurrency market hints towards positive advancements. The overall market capitalization has increased by 2.65 trillion dollars, making it 2.65 trillion with a 2.56 percent increase over the past 24 hours. This increased figure does come with a more than eighteen percent decline in overall trading volume, leading to a drop of 84.07 billion dollars. This divergence indicates a weak recovery, in which prices rise on falling volume (a weak sign). This also implies that the demand for recovery should be approached skeptically. Bitcoin’s market dominance is stable at 62.6 percent. Moreover, 93.8 percent of the total trading volume still being occupied by stablecoins confirms the fact that the traders participating in the trading are not active and suggests that the investors are facing price risks, despite an increase in prices.

Regardless, market sentiment has sharply improved for now. The Crypto Fear & Greed Index value has risen from yesterday’s “Extreme Fear” scoring of 25 to 43, which is still trending towards a neutral position. While the loss of fear coming this fast can be a good sign, the lack of volume makes it difficult to discern whether we are in the early stages of a long-term recovery or simply experiencing a relief rally after plunging due to macroeconomic concerns.

Whales Picking Up Bitcoin as it Retests Resistance Level

Earlier this week, Bitcoin was consolidating above the key moving averages near $76,100. Now it is trading at $83,954 and currently retesting resistance in the $84,000-$85,000 range. Bitcoin is in a good position from a technical perspective as it is retesting the $84,000-85,000 resistance zone and held the moving averages located around $76,100. What is most encouraging, however, is newer data suggesting greater accumulation by Bitcoin “whales,” combined with large outflows to cold storage, showing long-term commitment among significant players. Collectively, these trends are at odds with reduced retail volume overall and suggest lower market activity may be the case.

A decisive advance past 88,000 could see a march towards $100,000, but failing to breach the immediate resistance would mean a likely retest of $75,000-$76,000 support. The movements in the market are largely dependent on BTC’s actions.

Ethereum’s Rebound Met with Mixed Signals

Ethereum trades close to $1,617, which is way higher than Bitcoin’s performance over the same week, at a whopping 9.8% increase. However, technical signals remain dubious as some bearish indicators caution the analysts towards potential dips around $1,200. Analysts withdrawing forecasts of Ethereum’s spot ETF are a cause for concern as well. Ethereum extracting its recovery will need to surmount resistance estimates over $1,835. Regardless of this, there are Ethereum holders being urged to pay attention to the halfhearted signals that Ethereum has offered and to bind their hope to such a bearish posture.

Solana Shows Strong Bounce from Lows

Currently trading around $126.71, Solana’s price observes notable recovery at a 7.5% asset appreciation in the last 24 hours alongside a 6.5% surge for the week. Strong buying interest at lower levels and bullish short-term momentum have SOL decisively bouncing off its recent lows. If ongoing network upgrades succeed at improving past resistance benchmarks around $124.20, the next target could be near the $134 mark.

This higher-beta asset ignores the reality of long-term investor confidence and trades without sustained network performance. With more volatile behaviour than other assets during the recovery phase, the case of this asset is particularly exacerbated.

XRP Preserves Critical Support With Narrative Attention Shifting

Ripple does not stray from the $2 mark, as XRP currently trades at $2.07, now accompanied by lower-than-usual prices in the market. Ripple news has been particularly hot, especially the launch events of the Ripple RLUSD stablecoin and the ongoing ETF XRP Spot approval rumours. Technical mixed bull and bear sentiment dominate the scene simultaneously. The $2.52-$2.59 range offers strong resistance and surpassing this might unlock more buying. Standard Chartered’s projection of $5.50 by EOY 2025 is maintained but is capped by the base—the trajectory fundamentally relying on Ripple’s ecosystem evolution and regulatory contexts.

Cardano Consolidates Near Resistance

Trade Cardano near $0.6394, showing daily and weekly increasing gains. Cardano has notably consolidated within this price range, hovering around the resistance level of $0.62-$0.63. The price encounters a neutral equilibrium position relative to a mix of a large number of technical indicators. Support is anchored in the $0.55-$0.60 vicinity, with the next notable resistance target around $0.68. A strong breakout above this, along with rising CAD volume, would suggest further bullish momentum and confirmation of the hypothesis. Analysts continue predicting long-term prices for 2025, capturing extremes for perceived value to wildly differ.

Meme Coins Follow Broader Market Recovery

In the more tentative and recent recovery, Dogecoin and Shiba Inu appear to be gaining traction as well. Currently, DOGE is approximately $0.1627 and SHIB is around $0.00001230, which marks an increase of roughly 3.1% in the preceding 24 hours. Both still show a mixed set of fundamental and technical indicators. These assets still face highly speculative price movements that are driven by sentiments such as social media, market, and general risk appetite trends, creating a highly volatile but low predictable ecosystem.

Focus on ONDO, SEI, and BERA.

Looking at others assets, Ondo is currently trading at an approximate price of $0.8809, capitalising on the strong RWA narrative with an impressive daily increase of 6.4%.

Sei (SEI) demonstrates a particularly robust recovery, bouncing back to 0.1715, which is an increase of more than 12% after a slight dip, which is positive for officials. However, sentiment overall may still be bearish. With Berachain (BERA) now running on the mainnet, this token trades at around $4.10. This represents some minimal change on the daily time frame as BERA continues to flatline at price levels not seen since early April while the market adjusts to its launch. Generally, newer and sector-specific tokens are much more volatile than the major caps.

Market Movers and Regulatory Monitor

The lingering worries related to tariffs do not seem to be taking the wind out of the market’s attempts to stabilize in the aftermath of the previous decline, which is somewhat promising. Boosting this is Bitcoin holding critical support with essential ‘whale’ holder accumulation and long-term support on critical technical levels. Due to the overarching low volume, many participants have decided to err on the side of caution, which has contributed to most market sentiment. All attention is still on the regulatory theatre because of ongoing jurisdictional debates, potential fallout caused by replacing the SEC chair, the dramatic removal of the IRS DeFi broker rule, and persistent speculation about an ETF that could singlehandedly shift sentiment for the entire market. Along with that, Ripple’s stablecoin ventures coupled with Berachain’s post-mainnet activities serve as recurring themes that certain investors are monitoring.

Recovery Still Lacks Validation

The cryptocurrency market as of April 12, 2025, hints at some shallow semblance of recovery. While the fear is no longer at hysteria levels, the trading volume still witnessing a sharp decrease alongside the price increase casts doubt on the conviction of the recovery. The spared attempts of Bitcoin to break the 84k-85k dollar resistance zone will be critical; breaking the lower bound will market confidence further, but achieving this with rising volume will bolster sentiment across the market. Ethereum seems to be exhibiting relative strength shy of mixed signals, while Solana has rebounded strongly. The rest of the altcoins appear to be quietly consolidating or have mutedly rallied. Defensively, the market continues juggling the positives internally, such as whale accumulation and regulatory focus, against the macroeconomic headwinds. Stronger trading volumes would indicate more active buying interest, and until then, under the contrary that’s the case, the support level has to be convincingly breached and sustained, so cautiously remaining positioned seems the most rational.