Crypto Market Review: Bitcoin Struggles, XRP Forms Uptrend, Zcash Sees Increased Inflows

The cryptocurrency market is currently facing a complex situation, with multiple assets displaying different trends and behaviors.

Bitcoin (BTC) is struggling to break through the $75,000 mark, despite strong volume. This rejection at the 50 Exponential Moving Average (EMA) level suggests that buyers are lacking conviction and sellers are actively defending this level.

On the other hand, XRP is quietly forming an early-stage uptrend, with higher lows forming along an ascending support line. Although it's trading under strong resistance, a move above $1.45-$1.55 could change sentiment and attract momentum traders.

Zcash (ZEC), meanwhile, has seen a significant increase in net inflows, with some time frames showing growth in flow metrics of over +160%. However, overall participation remains uneven, and positioning information suggests caution rather than full commitment to an upward continuation.