Analyst Jordi Visser identifies key price levels for Bitcoin and Ethereum to signal a bullish trend, amidst market challenges and inflation concerns.
Despite increasing anxiety over a potential bear market, Bitcoin and Ethereum are approaching critical price points that could indicate a shift in market trends. Macro analyst Jordi Visser shared insights on Anthony Pompliano's podcast, emphasizing that Bitcoin needs to break the $76,000 mark to confirm a bullish trend, while Ethereum should surpass $2,400.
Visser expressed his view on inflation, stating, “I believe inflation will remain high, and people need to find something that will yield profits when the S&P 500 is stagnant.” This comes in the wake of the U.S. consumer price index reporting a 0.9% increase in March, marking the highest inflation rate since May 2024.
Market Overview
At present, the cryptocurrency market is facing challenges, with Bitcoin recently dipping from $73,000 to $71,300. Currently, Bitcoin is trading around $71,600, reflecting a 1.5% decline in the last 24 hours. The negative market sentiment has been worsened by stalled negotiations between the U.S. and Iran, raising concerns about geopolitical tensions.
Joao Wedson, CEO of Alphractal, noted that institutional investors are increasingly taking short positions on altcoins, contrasting with retail investors who are buying. He remarked, “Whales are aggressively positioning in shorts on altcoins while retail is doing the opposite,” highlighting a significant divergence in market behavior.
Historically, a heavy concentration of short positions often leads to abrupt market corrections, according to analysts. Additionally, Frank Chaparro, founder of The Block, pointed out that Bitcoin's liquidity has yet to recover fully since the market crash on October 10, 2025, with average liquidity depth falling significantly.
Chaparro summarized, “The average depth of liquidity at 1% has dropped from ~$8 million to ~$3 million, now stabilizing around ~$6 million,” indicating that liquidity levels for major cryptocurrencies remain below pre-crash conditions. In contrast, Ethereum's network activity has surged, nearing all-time highs amidst the current price consolidation.
