Bitcoin enters correction phase, ETH XRP SOL market consolidation draws attention

BTC0,65%
ETH-0,55%
XRP0,39%
SOL-1,12%

The overall cryptocurrency market has entered a correction phase, with Bitcoin(BTC), Ethereum(ETH), Ripple(XRP), and Solana(SOL) showing limited volatility. The total market capitalization remains around 39 trillion KRW, with a slight increase of 0.1%. Bitcoin’s market share is at 58%.

Bitcoin(BTC)

Bitcoin is currently trading near 1.3224 billion KRW, up 0.23% intraday. Although up about 3% since the beginning of the year, it is still over 25% below the 2025 high in the 1.7 billion KRW range. Technical analysts warn of potential testing of support levels between 900 million and 1 billion KRW, as macroeconomic uncertainties limit upward momentum.

Ethereum(ETH)

Ethereum is trading around 4.53 million KRW, up 0.74% intraday. Since the start of the year, it has increased by about 6% and remains on an upward trend extending into late 2025. Some funds have observed profit-taking outflows, but this is analyzed as a natural correction process rather than a decline in institutional confidence. Ethereum’s market cap is approximately $380 billion.

Ripple(XRP)

XRP is trading around 3,040 KRW, down 0.21% intraday, showing sideways consolidation. Recently, there has been a lack of obvious catalysts, and its movement is correlated with the overall market. XRP’s direction depends on BTC and external macro signals.

Solana(SOL)

Solana is trading at around 201,000 KRW, up 0.4% intraday. Since the ETF launch, it has maintained relative strength, consolidating its position as a high-performance smart contract platform. Its market cap remains between $60 billion and $70 billion.

Macroeconomic Environment

Market participants are paying attention to Federal Reserve policy changes and US employment data. Concerns over high valuations of traditional assets are also suppressing cryptocurrency investment sentiment. After recent long positions were liquidated, overall trading activity is shifting toward caution. Market interpretations suggest that, following a strong rally in 2025, the market is currently in a “consolidation after an upward move” phase.

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This article uses a language model based on TokenPost.ai for summarization. The main content of the text may be omitted or may differ from actual facts.

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