Dex-Trade Weekly Market Analysis: Key Crypto Trends for March 4–11, 2025
This week, the cryptocurrency market faced notable fluctuations, with Bitcoin testing new support levels while altcoins showed mixed performances. Increased trading volumes across major assets highlight growing investor interest despite ongoing volatility. Let’s dive into the performance of key assets: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, Cardano (ADA), and Dogecoin (DOGE).
Explore how market movements and external factors impacted crypto trends this week, and stay ahead with our in-depth analysis.
Bitcoin (BTC)
Bitcoin experienced a volatile week, starting near $85,000 and testing support at $81,905 before stabilizing around $82,000. Trading volume remained high at 34.3 million, indicating continued market activity despite downward pressure. The recent correction suggests Bitcoin could either consolidate at current levels or face further declines if macroeconomic sentiment weakens.
Ethereum (ETH)
Ethereum saw a steady downtrend this week, starting around $2,200 and dipping to $1,917 before recovering to $2,146. With trading volume reaching 323.7K, ETH mirrored BTC’s movement, showing potential for short-term stability but remaining susceptible to further pullbacks. Investors should watch for key resistance near the $2,200 mark.
Solana (SOL)
Solana remained under pressure, starting near $140 and dropping to $124 before attempting a modest recovery at $136.30. Trading volume reached 1.4K, reflecting lower activity compared to previous weeks. While the downtrend persists, increased volume at lower levels hints at potential accumulation.
XRP
XRP followed the broader market downtrend, moving from $2.30 to $2.14, before attempting a slight rebound to $2.25. The trading volume of 172.5K suggests investors remain cautious amid regulatory concerns and overall bearish sentiment.
Cardano (ADA)
Cardano experienced a sharp decline, starting at $0.85 and falling to $0.72, with a slight bounce to $0.78. With a trading volume of 346.7K, ADA showed signs of stabilization, but further downside is possible if Bitcoin’s weakness persists.
Dogecoin (DOGE)
Dogecoin saw significant losses, dropping from $0.21 to $0.16 before making a small recovery to $0.185. With a 686K trading volume, DOGE remains volatile, and potential rebounds will depend on broader market sentiment.
Conclusion
The crypto market from March 4–11, 2025, experienced corrections across all major assets, with BTC, ETH, SOL, XRP, ADA, and DOGE facing pullbacks between 2-5%. High trading volumes suggest active market participation, but the market remains in a consolidation phase, awaiting stronger catalysts for a clear direction. Investors should watch key resistance and support levels while staying updated on macroeconomic developments.
