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As Ethereum (ETH) is set to end the year on a disappointing note, some market observers have shared an optimistic outlook for the altcoin’s start-of-year performance, suggesting that an early 2026 breakout remains possible. Related Reading: Crypto Hacks Swipe Nearly $3 Billion In 2025 Despite Fewer Attacks – Report Ethereum Holds ‘Equilibrium Level’ Ethereum is attempting to end the year above a crucial area following its recent sideways action. Notably, the cryptocurrency has been in a downtrend for the past three months, currently recording a 27.8% decline from its Q4 opening of $4,145. ETH has been trading sideways over the past several weeks, hovering within the $2,800-$3,000 price range. During this period, the King of Altcoins has failed to hold above the upper boundary on the weekly timeframe despite multiple attempts to break out. Amid this performance, market watcher Crypto Batman recently noted Ethereum is trading around the mid-zone of a multi-year bullish channel, which he named “the equilibrium level.” This zone has historically acted as both a strong support and resistance point for Ethereum, he explained, making it the crucial area to hold as we approach the monthly and yearly closes. Despite the recent price action, Crypto Batman suggested that “given how ETH rallied from $1,500 to $4,600, this current move looks like nothing more than a bullish retest to that equilibrium, likely forming the next higher low.” Similarly, analyst Cas Abbé affirmed that the leading altcoin’s structure remains “incredibly bullish” even with the recent volatility, highlighting ETH’s uptrend line on the higher timeframes. According to the post, the cryptocurrency has not only held its ascending trendline over the past eight months but also bounced after each retest, suggesting that a rebound could be possible if this level continues to hold on the higher timeframes. ETH Breakout In Early 2026? Crypto Jelle also shared a bullish outlook for Ethereum, affirming that the altcoin looks strong on the macro chart. “If price can push towards $4k from here, I doubt bears can hold it down again,” the analyst wrote on X, adding that “It might finally be time for ETH to shine again next year.” Market observer Trader Tardigrade underscored a giant Inverse Head and Shoulders pattern on ETH’s weekly chart. Per the post, the cryptocurrency has been forming this bullish pattern for the past two years, with the neckline currently located around the $4,950-$5,000 mark. Notably, the left shoulder and head developed during the Q3-Q4 2024 and Q2-Q3 2025 rallies. Meanwhile, the Q4 2025 correction has started to form the pattern’s right shoulder, which signals that the altcoin could rise to the neckline area in the next few months, and potentially aim for higher levels if the pattern continues to develop. In the shorter timeframe, Man of Bitcoin noted that Ethereum could see a breakout in the first week of 2026. The analyst pointed out a one-month symmetrical triangle formation on ETH’s chart, where the price has been “getting squeezed between both trendlines.” Related Reading: Solana Bearish Formation Hints At Major Correction Until Mid-2026 – Here’s The Target While the altcoin continues to compress between these levels, a break from the pattern becomes more likely, leading the market watcher to suggest a 15%-20% breakout toward the $3,400 resistance. As of this writing, ETH is trading at $2,977, a 1.2% increase in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Solana (SOL) is retesting a make-or-break area that could set the stage for a major move at the start of next year. Some analysts have suggested that altcoin’s chart signals a bearish performance for the coming months. Related Reading: Here’s Why Bitcoin Advocate Max Keiser Restates Bullish Outlook For 2025 Solana Faces Another Rejection From Key Resistance After hitting a three-week high of $130 on Sunday, Solana started the week with a 6.1% correction to the $122 area. The cryptocurrency recently breached below its macro support around the $120 zone, hitting an eight-month low of $116 in mid-December. Since then, the altcoin has been trading between the $120-$126 mark, attempting to break out of the local resistance multiple times but ultimately being rejected after each retest. SOL’s price surged around 5.6% toward during Sunday’s broader market bounce, trying to build a base below the crucial resistance level before plunging after the early Monday correction. Amid this performance, market observer Crypto Jobs pointed out that Solana had broken out of a six-week falling wedge, which could target the $144-$146 area if momentum holds and price confirms a retest of the breakout. However, the star-of-week pullback has momentarily sent SOL below the pattern’s upper boundary. Analyst Man of Bitcoin also highlighted that the cryptocurrency had broken above a one-month downtrend line, which suggested an initial move toward the $129-$130 area. The analyst explained that “holding above the broken trendline is key to maintaining upside momentum,” but noted that as long as the price remains below $146, a scenario where price is headed for one more low, around the $100-105 horizontal support, remains likely. Following the Monday rejection, he affirmed that “it could be that wave-4 is already complete. A decisive break below the trendline would confirm this further.” SOL’s Higher Timeframe Chart Shows Troubling Signs Market watcher Elite Crypto affirmed that Solana “doesn’t look very strong” on the higher timeframe, pointing to a multi-year bearish pattern potentially forming on SOL’s chart. According to X analysis, the cryptocurrency has been developing a Head and Shoulder pattern since early 2024, with the neckline sitting around the $105 area in the weekly timeframe. The char shows that left shoulder formed during the Q1 2024 rally, while the head and right shoulder formed during its rally to its latest all-time high (ATH) in Q1 and Q3 2025 breakouts, respectively. “If $SOL loses the $105 support then the price could move down to the $75–$51 range and this phase may last until mid 2026,” the investor detailed, adding that “after this period, the overall trend for SOL can turn bullish and set up a better move ahead.” Similarly, Henry from Lord of Alts suggested that Solana has formed a double top formation with the neckline around the current levels instead of a Head and Shoulders pattern. Related Reading: Bitcoin Nears Red Yearly Close: Galaxy Digital Explains The Setup Per the analyst, “We put in a clean double top, rolled over, and now price is going back toward a zone that’s acted as real support before.” If the altcoin fails to hold the current support, its price could retrace toward the $60 mark, the chart shows. Moreover, he added that SOL’s price could also risk a drop to the $35 area in the coming months as there’s “a big gap below that market hasn’t dealt with yet.” Featured Image from Unsplash.com, Chart from TradingView.com

After the latest market pullback, Dogecoin is attempting to hold a crucial support area to open the door for a recovery rally. However, some analysts have suggested that the cryptocurrency’s bleeding may not be over and a move to lower levels looms. Related Reading: Bitcoin Poised For ‘Boring’ 2025 Close – Here’s When BTC’s Real Test Will Come Dogecoin Chart Signals Short-Term Caution On Friday, Dogecoin saw another 4.2% intraday decline to from the $0.126 area amid the ongoing market volatility. The cryptocurrency has retraced over 50% from the early October highs, losing multiple key support zones in the past two months. After losing the $0.135 level nearly two weeks ago, DOGE has been the $0.120-$0.135 price range, failing to break past the range’s high despite various attempts. Now, the largest memecoin by market capitalization is attempting to hold the crucial $0.120 support zone to prevent further bleeding. Therefore, some market observers have advised caution during the last week of the year. In an X post, analyst More Crypto Online affirmed that Dogecoin “is still a falling knife” as it appears that its corrective move is not done yet. “There’s no evidence that wave B has bottomed,” he explained, which suggests that a 20% drop toward the next key supports, the $0.096 and $0.08 levels, could be likely. Per the post, “Caution is recommended until the price shows a first micro 5-wave move to the upside.” Similarly, analyst Crypto Jobs warned that investors should stay cautious as Dogecoin does not display a bullish reversal structure and has weak buying volume, unlike multiple other altcoins. He explained that momentum is bearish despite holding the key $0.12 level, adding that, as long as DOGE’s price stays under the $0.14-$0.15 area, bulls won’t be in control and the bearish set up and downtrend structure will remain intact. No buy pressure at the moment, without volume. No bull structure… Under the main downtrend & channel, seeing another dump toward the $0.100 – $0.09500 lower support looks realistic. Sideway phase ongoing on the short term [H4 outlook]. We may also see some bullish move before a possible next wave downward. DOGE’s Price Breakdown Imminent? Market watcher BitGuru considers that DOGE’s deep correction is completed. He pointed out that the cryptocurrency is currently sitting in a major demand zone, between the $0.120-$0.130 levels, where liquidity has already been swept. Based on this, he forecasted that a reclaim of the late November levels could set the stage for a recovery rally toward the $0.18 resistance. On the contrary, failing to hold the current levels would hint that Dogecoin will continue in a prolonged consolidation phase. Meanwhile, Trader Tardigrade highlighted that the cryptocurrency’s price has reached the target of its previous symmetrical triangle pattern after breaking down from the formation earlier this month. Related Reading: More Pain For Ethereum? Head And Shoulder Pattern Signals $2,400 Breakdown Now, Dogecoin is forming a new pattern and “searching for a new trend,” he added. According to the trader, DOGE has been forming another symmetrical triangle pattern on the H4 chart over the past two weeks, which could resolve in a 15% move toward a bearish or bullish trend. Notably, Friday’s pullback sent the cryptocurrency below the pattern’s lower boundary, which sits around the $0.123 mark, signaling that a drop toward the $0.10-$0.11 area is possible if price doesn’t bounce soon. As of this writing, Dogecoin trades at $0.122, a 7.3% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

After failing to turn the $90,000 area, Bitcoin (BTC) continues to move within its local range with apparent no clear direction. Some market observers have suggested that the flagship crypto will remain rangebound until next year, when its potential moment of truth will come. Related Reading: More Pain For Ethereum? Head And Shoulder Pattern Signals $2,400 Breakdown Bitcoin Takes Holiday Break On Christmas Eve Day, Bitcoin continued with its sideways trajectory, trading between the $86,000-$87,000 levels throughout the day. The cryptocurrency has been hovering within the $80,000-$94,000 levels since the late November correction, failing to break out of its one-month range despite earlier attempts. Notably, BTC’s price has been trading around the mid-zone of its range, moving between the $84,000-$90,000 levels for nearly two weeks. Analyst Ted Pillows noted that Bitcoin “is still in no trading zone,” arguing that if the price doesn’t reclaim the $90,000 resistance area, the price could risk another retest of the $84,000 support. However, if the support and resistance levels don’t break, it will continue to move within its range until the market’s momentum returns. Meanwhile, Daan Crypto Trades highlighted that December has been “a very boring month all things considered.” In an X post, he explained that there the broader crypto market had “no major narratives, no major moves. Just a lot of up days followed by down days. With alts bleeding lower in the end and BTC & ETH roughly stable.” The trader also asserted that it hasn’t been BTC’s best year despite reaching new highs this quarter. He pointed out that “this year was abysmal, especially looking at the risk adjusted returns.” Nonetheless, he noted that “during years like these, we are taking big steps towards distributing coins from OG large holders and get a more evenly spread supply. Regardless of price action in the short term, that’s always a good thing to see.” BTC To Breakout Or Breakdown In 2026? Daan affirmed that Q1 2026 will be the moment where Bitcoin can “try and prove itself” and when everyone will be closely watching the cryptocurrency’s performance to determine whether the cycle is over or not. Other market watchers have suggested two potential scenarios for BTC’s early 2026 performance. Ted Pillows highlighted that BTC appears to be mirroring its 2021-2022 fractal, which suggests that the flagship cryptocurrency is ultimately entering a bear market. Per the chart, Bitcoin saw a significant pullback after topping in late 2021. This was followed by brief recovery period at the start of 2022 before the price continued its descending trajectory. Based on this, the analyst forecasted a rally towards $100,000 at the start of 2026 before its next leg down, which could target the $60,000-$70,000 area. On the contrary, Eljaboom pointed out that BTC could be repeating its performance from the start of the year. Related Reading: XRP ETFs Record 25-Day Streak As Price Eyes Key Resistance Level As he noted, BTC displays a multi-month falling wedge pattern on the three-day chart similar to the one that formed between Q4 2024 and Q2 2025 and led to the Q3 3035 rally. If history repeats, the cryptocurrency could retest the pattern’s lower boundary in the coming weeks before breaking out of the formation and potentially moving to new highs by Q2 2026. As of this writing, Bitcoin trades at $87,350, a 0.5% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

After being rejected from the $3,000 level, Ethereum (ETH) is trying to hold a key support zone and build a base around this area. Some analysts have suggested that the altcoin must reclaim the crucial resistance soon or risk potential drop to new multi-month lows. Related Reading: XRP ETFs Record 25-Day Streak As Price Eyes Key Resistance Level Ethereum Forms Head And Shoulder Pattern Amid the broader market volatility, Ethereum has been attempting to hold the recently reclaimed $2,900 level as support to potentially challenge higher resistance levels in the coming days. The cryptocurrency has been trading within the $2,800-$3,400 price range over the past month, hitting a high of $3,447 nearly two weeks ago. Since reaching the local high, ETH has struggled to hold the range’s high, falling to the lows again during last week’s market correction. Amid this performance, the King of Altcoins is currently registering its worst Q4 performance since 2019, with a negative performance of 28.76%. Moreover, it is also recording a red December so far, trading 1.3% below its monthly opening of $2,991. Some analysts have warned that ETH’s pain may not be over, as it appears to be forming a pattern that could spell trouble for the cryptocurrency. In a Tuesday X post, Ali Martinez suggested that Ethereum started forming a head and shoulder pattern following the massive corrections that the send most cryptocurrencies to multi-month lows. Per the chart, the altcoin formed the left shoulder between late November and early December after bouncing from the $2,780 support. Meanwhile, the pattern’s head was formed during the mid-December rebound that led to the $3,400 local high. Now, as price is rejected from the $3,000 area again, the cryptocurrency appears to be forming the right shoulder. This suggests that ETH’s price could drop to the $2,800 area to complete the pattern’s formation. Martinez noted that if the pattern is completed, it could lead to a 15% potential move toward $2,400, a level not seen since the start of the Q3 breakout. ETH Price In Trouble? Other market observers suggested Ethereum could be in trouble after being rejected from the $3,000 barrier again. Ted Pillows noted that the altcoin tried to reclaim this level but failed, closing Monday around the $2,948 area. To the analyst, If ETH doesn’t reclaim this key barrier soon, it could likely drop towards the $2,700-$2,800 support zone. On the contrary, a daily close above this level would set the base for a rally toward the $3,300 level. Similarly, Sjuul from AltCryptoGems affirmed that Ethereum “is a bit in trouble after that nasty bearish deviation on top of the range.” He highlighted the altcoin’s rejection from the mid-December highs, which sent the price the lower zone of its one-month range. Related Reading: Dogecoin’s 53,000% Surge Shows Renewed Interest, But Why Is DOGE Price Lagging? Based on this, the analyst suggested that investors could expect “the same to happen on the lower band,” which would see the price retest the $2,600-$2,700 area, and drop as low as $2,400, before bouncing toward the range highs again. Nonetheless, Sjuul declared that “bulls need to establish a proper uptrend here because losing $2700 would be a negative sign.” As of this writing, Ethereum is trading at $2,933, a 2.53% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

While most leading crypto-based Exchange-Traded funds (ETFs) recorded significant outflows last week, XRP investment products went against the current and attracted over $80 million in inflows, ending the week with a green performance. Related Reading: Analyst Shares ‘Cold, Hard Truth’ For Bitcoin Investors As Price Struggles XRP ETFs Steal The Spotlight XRP ETFs continue to show strong demand, recording a 25-day streak last Friday and closing the week with a positive net flow. Notably, crypto investment products registered a negative performance last week, seeing nearly a billion dollars in outflows. According to CoinShares’ weekly report, digital asset-based funds ended the week in the red for the first time in four weeks, with outflows totaling $952 million. This marks the products’ fourth-worst weekly performance of the year. CoinShares’ Head of Research, James Butterfill, suggested that the negative market reaction was fueled by the delays in the US crypto market structure bill, which was initially anticipated to be passed before the end of the year. This “has prolonged regulatory uncertainty for the asset class, alongside concerns over continued selling by whale investors,” the report noted. The negative market sentiment was mostly focused in the US, which recorded $990 million in outflows last week. Ethereum (ETH) funds suffered the largest outflows, registering $555 million in negative net flows. Meanwhile, Bitcoin (BTC) investment products came in second with $460m in outflows. On the contrary, XRP ETFs saw overall support with positive net flows throughout the whole week. According to SoSoValue data, the category closes the week with $82.04 million in inflows, marking a 6-week positive streak. XRP’s Correction Already Over? Amid this performance, XRP’s price also ended the week recovering from the latest market correction, which sent its price to a two-month low of $1.77. Market observer BitGuru affirmed that XRP has completed its downtrend and liquidity grab, and is currently stabilizing at a key historical demand zone. Per the analyst, “selling pressure is fading, structure is flattening, and this is where smart money usually starts positioning, not where panic happens.” Similarly, trader Niels suggested that XRP’s corrective phase may be over as it appears to be forming a double bottom pattern. “RSI has bottomed out already, and now the price is showing good signs too,” the trader affirmed, adding that “XRP had a fakeout below the support level before reclaiming the zone.” To Niels, if the market shows momentum, the cryptocurrency could surge 20%-25% toward the $2.30-$2.50 area in the next few weeks. Recently, the trader affirmed that once XRP breaks above the $2.20 resistance, where the pattern’s neckline is situated, it could rally to the $2.80-$3.00 area within a month. Related Reading: Fundstrat Predicts Ethereum Drop To $1,800 In H1 2026 Meanwhile, analyst ChartNerd highlighted a bullish divergence on XRP’s chart. “Price action is adhering to the lower low price action trendline whilst forming higher lows on the RSI,” he explained, suggesting that price could move to higher levels. He also noted that if the altcoin fails to break the 20 EMA, currently around the $1.98 level, the price would “simply resort back to the lower low trendline for support, where we likely see more relief.” As of this writing, XRP is trading at $1.93, a 1.1% increase in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

After reaching a new multi-month low, Solana (SOL) is attempting to hold a key high-timeframe level as support ahead of week’s end. Some analysts have suggested that the altcoin is poised to bounce, but others warned that a potential rally could be short-lived. Related Reading: Bitcoin Mirrors Q1 2025 Playbook, Is It Headed To $70,000 Before Year’s End? Solana To Tag Higher Levels Soon On Friday, Solana recovered from the latest drop and surged 7.7% toward the $125 area. The cryptocurrency fell nearly 9% on Thursday afternoon amid a broader market correction, sending its price to an eight-month low of $116. Amid the pullback, SOL’s price breached below a crucial high timeframe level, the around $120 mark, for the first time since April before recovering. Analyst Crypto Batman noted the altcoin “is not only at its major support level, the same one that has held price for the past 2 years.” In addition, the cryptocurrency is also forming a bullish divergence on the 3-day timeframe, “exactly like what we saw before the major bottom” at the start of Q2, the market observer added. To him, this suggests that Solana could bottom soon and see the start of a recovery rally to the macro range highs. However, another market observer affirmed that even if a retest of the higher levels is likely, “context matters here.” Analyst Crypto Scient highlighted that SOL’s price is currently at the range lows of its multi-year range, recording the first retest of this area after being rejected from the range highs. “One could argue SOL has been distributive for nearly two years now. That’s fair,” he explained, “[but] range lows rarely break on the first attempt.” Moreover, Scient pointed out that there’s significant liquidity left between the $175–$190 levels that “should get tagged at some point, even within a broader bearish environment.” As a result, the analyst considers that a “move higher to clean liquidity before any deeper downside would make far more sense.” December Close To Define SOL’s Fate? Analyst Rekt Capital affirmed that the $123 horizontal support remains the “defining level” that Solana must hold to prevent a major breakdown to multi-year lows. He detailed rebounds from this support have historically produced “outsized upside expansions,” with 140% and 100% moves. However, each rebound from this level has been progressively weaker over time, with the most recent bounce only managing to rally 15%. This signals a “sharp deceleration in upside responsiveness at this level,” which is important to consider as the compression in rebound magnitude could affect SOL’s monthly close. According to the analysis, a monthly close above the macro support would keep Solana positioned for a weaker rally, but a close below $123 would substantially change the structure. The second case would suggest that distribution has already started and confirm “how much this support has weakened since the last meaningful rebound that produced a near 2x move earlier this year.” Related Reading: Did Crypto Investors Stop Believing In The Four-Year Cycle? Analyst Weighs In Moreover, it would begin to mirror SOL’s performance in early 2022, when a similar price action preceded “macro relief moves during the opening phase of the Bear Market, including the decisive breakdown that occurred at the turn of that year.” Ultimately, the analyst warned that it remains to be seen whether the altcoin can close December above this crucial level and rebound, or if a breakdown “accelerates distribution sooner rather than later.” As of this writing, Solana is trading at $126, a 3.4% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

As the market volatility continues, Bitcoin (BTC) has failed to hold its short-lived momentum and reclaim a key resistance level for the second time this week. Some market watchers have affirmed that the flagship crypto may continue to have a disappointing end-of-year rally and potentially reach new lows before the pain is over. Related Reading: Did Crypto Investors Stop Believing In The Four-Year Cycle? Analyst Weighs In New Lows Before A 2026 Recovery? On Thursday, Bitcoin attempted to break past a crucial level after surging 2.9% from its daily opening. The cryptocurrency has been unable to reclaim $89,000-$90,000 area since the start-of-week correction, which sent the price to a two-week low of $85,145. Notably, the flagship crypto retested the crucial resistance area twice in the past 24 hours but has been rejected, falling back to the local lows. Market observer Ted Pillows highlighted that BTC has been holding above the $85,000 support zone despite the volatility, which could lead to another retest of the key $90,000-$92,000 zone if it holds. However, if price break below local support zone, Bitcoin would likely see a retest of the November lows, around the $80,000 mark. Ted also pointed out that the cryptocurrency may be mirroring its Q1 2025 price action, which suggests that a price drop below the recent lows could happen. Per the chart, BTC briefly bounced in March from its early 2025 correction before recording a lower low in the next few weeks. This was then followed by the Q2 and Q3 recovery rallies that propelled the price to its latest all-time high (ATH) of $126,000. Now, Bitcoin displays a similar performance, currently recovering from the initial corrective phase. If history repeats, the flagship crypto could see a 10%-15% drop to the $74,000-$76,000 area in the coming weeks before kicking off a rally toward new highs in 2026, the analyst suggested. Bitcoin To Continue With ‘No Direction’ Similarly, Ali Martinez affirmed that the cryptocurrency is at an inflection point and risks dropping up to 20% if the $87,000 support doesn’t hold. He explained that BTC is breaking out of a bear flag, which could target the $70,000 level if selling pressure spikes. Meanwhile, another analyst considers that “sentiment [is] flipping based on every last daily candle colour.” Daan Crypto Trades pointed out that Bitcoin has been trading within the $84,000-$93,500 for the past four weeks, “moving up and down in a choppy fashion, while trading in between these two larger levels.” To the trader, the next few weeks will continue to be “generally very choppy and lack direction” due to lower liquidity and trading volume during the holiday season. “I don’t think you’d be missing much if you log off and come back somewhere early January,” he added. Related Reading: XRP Price Must Defend This Level To Avoid 50% Breakdown, Analyst Warns On the contrary, analyst Crypto Jelle affirmed that despite the low-timeframe struggles, Bitcoin “still flat out refuses to drop lower, no matter how hard bears try.” He noted that price still sits “on a clear weekly support level” that has held since April, explaining that as long as this area holds, price can still reclaim the monthly opening, around the $90,300 area. As of this writing, BTC trades at $86,138 a 5.3% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

As the crypto market recovers from the latest pullback, XRP is attempting to climb up from its recent lows. Some analysts have suggested that the cryptocurrency must defend its current levels or risk a 50% drop to levels not seen since 2024. Related Reading: Solana Leads As Most Popular Blockchain Ecosystem For Second Consecutive Year – Report XRP At Make-Or-Break Level Amid the start-of-week market correction, XRP recorded a 6% drop toward its lowest level in weeks. The price lost $2.00 support on Monday morning and continued to lose key levels despite uninterrupted institutional interest. The cryptocurrency has been trading within the $2.00-$2.25 price range over the past month, only losing its lower boundary during the late November pullback. Monday’s correction sent the altcoin below the range’s lower support again, hitting a multi-week low of $1.88 before bouncing around an area that has been crucial for the past year. Notably, XRP has bounced from the $1.85-$1.90 support zone after every major correction since the November 2024 breakout, climbing back above the $2.00 level each time. However, some market observers have suggested that the price risks a significant correction if it is unable to hold the current levels. Ali Martinez pointed out that the cryptocurrency has fallen below its one-year price range, between the $1.92-$3.27 levels, which could lead to a 50% drop below this area. To the analyst, XRP’s price must secure a daily close above $1.92 to prevent a drop to the $1.00 support, which has not been seen in over a year. Similarly, Cheds Trading affirmed that XRP is “flirting with a high time frame breakdown.” Per the chart, the altcoin appears to be forming a high-timeframe rounding top or double top pattern with a higher high. The analyst noted that in the case of the latter, the M formation would be confirmed if the $1.88 level, where the pattern’s neckline is situated, is lost. This could lead to a “measured move to roughly [the] MA 200 area/$1.00 range.” Price Ready For 2026 Markup Phase? Despite the warnings, other market watchers shared a positive outlook for XRP in the coming months. Trader Niels affirmed that the leading altcoin is “looking good” at the current levels. According to the post, the cryptocurrency is “sweeping the $1.8 support zone again” while showing a bullish divergence on the daily timeframe, which suggests that the price could soon move to higher levels. To the trader, once XRP breaks above $2.20 resistance, it could surge 27%-37% towards the $2.80-$3.00 area “within a month.” Meanwhile, analyst ChartNerd highlighted that XRP appears to be repeating its 2023-2024 price action, which led to its massive breakout in November 2024. The chart shows that the altcoin accumulated for a year and a half, bouncing between the range’s lower and upper boundaries before its markup phase in late Q4 2024. Related Reading: XRP Hasn’t Entered A Bear Market Yet; Analyst Shares Why Following this expansion period, the cryptocurrency is showing a similar accumulation range, leading the analyst to suggest that XRP may continue consolidating within its current range before another markup phase occurs. “Regardless of scenarios, or how ugly/beautiful it gets, a massive markup phase similar to November 2024 is likely between now and late 2026,” he stated. As of this writing, XRP is trading at $1.92, a 1.65% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

As Bitcoin (BTC) tries to hold the $90,000 barrier, some analysts affirm that the flagship crypto’s bear market signals are becoming clearer, suggesting that a breakdown to new lows could be around the corner. Related Reading: Dogecoin Could Stage A 600% Rally In 2026 If This Multi-Year Support Holds Bitcoin Bear Flag Raises Concerns On Friday, Bitcoin shredded its Thursday gains, dropping 3.2% intraday to retest the $89,500-$90,500 support zone once again. The cryptocurrency has been trading between the $84,500-$94,500 range for the past four weeks, briefly falling to a seven-month low of $80,600 during the late November correction. This week, the flagship crypto’s price has seen more volatility, fueled by the expectations of the Federal Reserve’s interest rate cut and positive regulatory developments in the US. However, BTC has failed to successfully break and hold above its local range’s upper boundary after multiple retests, ultimately falling to the mid-zone of its range. Analyst Ted Pillows highlighted a concerning pattern on Bitcoin’s chart, warning that the cryptocurrency risks a drop to new multi-month lows if the price fails to hold key support levels. Per the post, BTC has been forming a bear flag for nearly a month, which “is too hard to ignore” after the price continues to be rejected from the formation’s upper boundary. The analyst affirmed that this pattern follows a trend that has been developing over the past two months. As he pointed out, bearish flags have been continuously forming on BTC’s chart since the October 10 market pullback, with each pattern resolving in a breakdown to lower levels. To Ted, the new formation signals “that the overall trend is still to the downside.” He suggested that a close above the $96,000 level would invalidate the bearish pattern. On the contrary, a drop to below the $86,000 support, where the formation’s lower boundary is located, could push Bitcoin to the April lows, around the $76,000 mark. Is The 2022 Playbook Repeating? The market observer also noted a resemblance between the last cycle and the current one, which could lead to a drop below the $70,000 level. The chart shows that after losing the 50-Week EMA indications, Bitcoin consolidated within a bear flag before breaking down and descending to the 2022 lows. Now, BTC displays a similar performance after losing the 50-Week EMA and breaking down from its October bear flag. “If this plays out, a pump to $100,000 and then a dump below $70,000” would follow, the analyst added. Meanwhile, Robert Mercer shared a similar perspective in a series of X posts. The analyst affirmed that the classic four-year cycle has not changed despite the significant increase in institutional adoption: Bitcoin is breaking crucial supports one by one and entering a bear market. The same happened back in the end of 2021. At the moment, BTC is forming an ascending channel with the top near $100,000 – $104,000, you can see a clear Right Shoulder of H&S in this move. Something similar happened in the beginning of 2022. He also asserted that Bitcoin shows a similar picture “from the 1W MA50 perspective,” as BTC has traded below this indicator for multiple weeks now for the first time in the bullish cycle. Related Reading: Cathie Wood Says Bitcoin Is ‘Climbing Another Wall Of Worry’– Here’s Why Nonetheless, he concluded that “no such breakdown happens without a retest,” forecasting a relief bounce up to $98,000-$102,000, followed by a dump to the support level of $55,000-$60,000. As of this writing, BTC Trades at $89,990, a 2.75% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

As the start-of-week momentum slows, Dogecoin (DOGE) dropped 5.5% on the daily timeframe, falling to the recent lows once again. Some analysts have suggested that the cryptocurrency is setting the stage for a massive short-term and mid-term rally if the retests of current levels hold. Related Reading: Cathie Wood Says Bitcoin Is ‘Climbing Another Wall Of Worry’– Here’s Why Dogecoin Prepares For $1 Milestone On Thursday, Dogecoin followed the rest of the crypto market and retraced to the $0.136-$0.138 levels. The cryptocurrency has retraced around 50% following the Q4 market downturn, trading within the $0.130-$0.155 price range over the past few weeks. Amid this week’s recovery, DOGE’s price briefly tested the local range highs, trying to break out of this area for the second time this month. However, Wednesday’s volatility, driven by the expectations of the Federal Reserve’s rate cut announcement, led to a 4.6% intraday drop before continuing its descent to the current levels. Market observer Trader Tardigrade highlighted the cryptocurrency’s performance, noting that Dogecoin is holding strong at a key support area despite the pullback, which could “potentially set the stage for a massive surge to $1” next year. According to the chart, DOGE is retesting an ascending support zone that has preceded major moves over the past two years. Since late 2023, this support has been retested three times, marking the bottom of each major corrective phase and serving as a “launchpad” to new highs. Notably, the subsequent rally’s size and duration have seen an increasing trend, with the bounces lasting longer and reaching higher levels after each retest of the two-year trendline. During the first rebound, Dogecoin rallied 87% in eight weeks. Meanwhile, DOGE surged by over 210% in ten weeks after retesting this crucial level. Lastly, it registered a 14-week 442% run between Q3 and Q4, 2024, to its multi-year high of $0.48. With the price currently retesting this level once again, the analyst suggested that a rally to the $1 mark could be brewing if the current levels hold. A bounce from this area could kick off a 610% jump at the start of 2026. DOGE’s Rally To September Highs Imminent? The trader also pointed out that DOGE’s MACD Bullish Crossover “is now happening.” He explained that the cryptocurrency’s trend began shifting from a downtrend to an uptrend on Wednesday, suggesting a significant price move is to follow. He previously affirmed that this setup has preceded previous breakouts this year, with the price surging to new local highs in Q2 and Q3 after each MACD bullish cross. As this setup begins to unfold, the analyst’s chart suggests that the price could bounce to the October levels. Similarly, other market observers hinted that Dogecoin could be preparing for a 60%-120% surge in the short term. Analyst Bitcoinsensus highlighted a classic bullish reversal pattern, a falling wedge pattern, that has been forming since October in DOGE’s chart. Related Reading: All Eyes On Ethereum: Price Attempts Key Breakout As BlackRock Files For Staked ETH ETF After the recent price action, the “price has been slowly bleeding inside this structure and now potentially forming a nice rounded bottom. If we get a decent breakout above the upper yellow line, we could be targeting the 0.20$ area (+60%),” the analyst stated. Meanwhile, AltCryptoTalk recently noted that Dogecoin is retesting “the same weekly demand zone that sparked every major rally in the past,” which could spark a 115% rally to the $0.30 September high if the area holds. As of this writing, Dogecoin is trading at $0.137, an 8% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Bitcoin (BTC) is retesting a crucial support area after its price slid 5% from the recent highs and fell below the $90,000 barrier. Some analysts have suggested that the cryptocurrency’s structure remains intact, but warned that it must bounce quickly or risk retesting the November lows. Related Reading: XRP ETFs Record 13-Day Streak As SOL Funds See Largest Outflows Since Launch Bitcoin Retests $88,000 After Rejection On Friday, Bitcoin lost the recently reclaimed $90,000 level, falling to a key support area before stabilizing. The flagship crypto has been attempting to recover from the November market correction, which sent its price to a seven-month low of $80,600. Since reaching its local lows two weeks ago, the cryptocurrency has traded within a macro re-accumulation range, between $82,000 and $93,500, attempting to break out of this zone on Wednesday, when it reached a multi-week high of $94,150. However, as the first week of December approaches its end, BTC has lost the upper area of its local range again, falling below its monthly open and tapping the $88,000 support. Amid the drop, Analyst Ted Pillows noted that BTC has been struggling to reclaim the $94,000 resistance, adding that price “wants to go lower here before another breakout attempt.”  Therefore, he suggested that a bounce back from the $88,000-$89,000 support zone is likely. Altcoin Sherpa affirmed that the ongoing retest would confirm whether the recent bounce was “just lower highs and price is going lower or if we actually have any juice to bounce to like 100k or something.” The analyst outlined two potential outcomes. In the first scenario, the flagship crypto would retrace to the $87,000-$89,000 area and bounce above the $93,000-$94,000 resistance levels. In the second scenario, Bitcoin would continue to move sideways below the local resistance before eventually sliding to the November lows and potentially lower levels. Per the analysis, the leading cryptocurrency must bottom quickly, or it will risk the second outcome. BTC Shows Shallowing Pullback Tendency Analyst Rekt Capital also pointed out that Bitcoin continues to face rejection from the range high resistance. However, he considers that investors should not worry as long as the pullback isn’t as big as the previous ones. If “the rejection is shallower than the previous two, then this resistance will continue to weaken until eventually breached,” he explained, adding that “as long as this weakening continues, BTC should be able to finally breach this resistance over time & try to challenge the multi-week Downtrend above.” Earlier this week, the analyst affirmed that BTC’s consolidation structure will remain intact as long as Bitcoin closes the week above the range lows. He also noted that its Macro Downtrend, which “has been dictating resistance throughout this phase of the cycle,” remains the dominant structural barrier and the level to break. Related Reading: Solana Eyes Major Resistance After $140 Reclaim, But Analyst Questions SOL’s Strength As the price stabilized between the $88,500-$89,350 area, the analyst added that today’s retracement “continues to be a shallower pullback than the previous two,” which keeps the range “‘retrace shallowing’ tendency” intact. He noted that Bitcoin could technically drop into the ascending two-week support trendline, or tap the $86,000 level and still perform a shallower correction than the recent 10% drop. As of this writing, Bitcoin is trading at $89,400, a 2.9% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

As the market rebounds, Solana (SOL) is retesting a crucial area that has served as resistance since the November pullbacks. Some market watchers suggest that a short-term rally is likely, while others have highlighted potential signs of weakness. Related Reading: Zcash (ZEC) Leads Market Pullback With 24% Drop, Analysts Warn Of Another Crash Ahead Solana Eyes $144 Resistance Solana is attempting to turn the $140 area into support while nearing a key local resistance for the third time in a month. The cryptocurrency has been trading between the $120-$144 levels since mid-November, struggling to hold the high zone of its local range amid the recent market volatility. Last week, it bounced 10% toward the $140-$144 area but plunged to the range lows after Sunday’s correction, hitting a one-week low of $123 on Monday. As a result, it tested an ascending trendline that has served as support since 2023. Ali Martinez explained that during the pullbacks, SOL has retested this key support trendline. Notably, each time the cryptocurrency has tapped this trendline, it has registered strong rebounds in the following months, suggesting that the price could rally more than 80% in the mid-term if this support holds. Following Tuesday’s market rebound, SOL climbed back to the range’s highs, attempting to break above the local range once more. Market observer More Crypto Online affirmed that Wednesday’s rejection from $144 was expected, as it has been a strong resistance for weeks. The trader considers that investors should not worry as long as the mid-zone of its range, between the $134-$139 levels, holds as support. “It’s not really a breakdown yet; we just have a first sharp pullback,” he affirmed, emphasizing that there’s no evidence that bears are taking the lead. He noted that breaking below the mid-zone of its range would open the door to a retest of the recent lows and potentially risk a drop to the $117 area or lower. Nonetheless, if bulls take the lead and reclaim the $144 level as support, it will open the door to a retest of higher levels, including the $163 level, where the major next sell wall for SOL is situated. Is SOL’s Crucial Support Weakening? Meanwhile, Rekt Capital shared an analysis on longer timeframes, pointing out that Solana has been moving within a clear macro range, situated between the $123 and $296 levels, in the monthly timeframe, clustering in this area since early 2024. Per the analyst, the cluster has been developing for an extended period, and the potential for distribution and its function as a re-accumulation structure decreases the longer it continues. Despite this, he emphasized that the focus is on the 21-month horizontal support level. As the analysis noted, Solana recorded a 140% rally during the first major rebound from the region in Q3 and Q4, 2024. In the second rebound from this support, which started in Q3 2025, SOL saw a significantly smaller rally, surging around 100% to its September local high. Now, the cryptocurrency is rebounding from this level, which could confirm a decreasing trend for the altcoin and raise the alarm about its strength. “While it is positive to see this rebound, if the move turns into a weaker rebound than the previous ones, then questions will arise regarding the strength of this support,” Rekt Capital asserted. Related Reading: Bitcoin (BTC) Price In A ‘Vulnerable Technical Environment’ – Key Levels To Watch To prevent this, Solana must breach the one-year downtrend or the multi-week downtrend on the weekly timeframe. “Failing to break either of these trendlines would produce a smaller rally because the prior rebound — the one that rallied around 100% — would fall short and reject from these downtrends instead.” The analyst concluded that a sequence of progressively smaller bounces “would imply increasing weakness into that support, which in turn would favour the potential for distribution in Solana over time.” Featured Image from Unsplash.com, Chart from TradingView.com

Bitcoin (BTC) began the week dropping nearly 10% from the recent highs and retesting the $84,000 area before bouncing. As price risks more downside with early bear market signals, a market observer suggested that the upcoming weeks will be crucial for BTC’s future path. Related Reading: Zcash (ZEC) Leads Market Pullback With 24% Drop, Analysts Warn Of Another Crash Ahead Bitcoin Holds Key Weekly Range Last week, Bitcoin led the brief market recovery, surging from its seven-month low of $80,600 toward the $93,000 area, retesting a key weekly re-accumulation range between these two levels. However, the Sunday correction sent the price back to the range lows, raising concerns about the flagship crypto’s short-term future. Analyst Rekt Capital highlighted that BTC is stabilizing within its weekly range, holding its position above the $82,000 range low. This area marks the top of an early 2025 liquidity cluster that developed around the 50-Week EMA, where the price has tapped with three downside wicks over the past month. “Last week’s Weekly Close above the Range Low enabled a relief move toward $93,500,” the analyst explained, “but that level acted as clean resistance,” after Friday’s rejection. To the analyst, maintaining stability around the weekly range lows is important because further downside wicking into the cluster is probable. However, he noted that the consolidation structure remains intact as long as BTC’s price continues to hold above the range low in the weekly timeframe. Rekt Capital added that Bitcoin continues to trade below a sharply declining Macro Downtrend that “has been dictating resistance throughout this phase of the cycle.” Per the analysis, “A breakout soon would require reclaiming higher price levels, whereas a later attempt would meet the trendline at lower valuations, narrowing the distance between the current price and resistance.” “In either case, the Macro Downtrend remains the dominant structural barrier, and Bitcoin’s path forward depends on whether consolidation near the Weekly Range Low can bring price closer to a meaningful test of this sharply descending level,” he continued.   BTC’s Vulnerable Technical Environment Raises Alarms Rekt Capital also highlighted that BTC remains below the 21-Week EMA and 50-Week EMA, which could pose a problem for its future price action as the distance between these moving averages continues to narrow. As he detailed, when these EMAs compress and ultimately cross, it tends to precede further downside. Although it usually takes weeks after the crossover for price acceleration to “fully unfold,” it still implies that the crossover risk is increasing. The two EMAs currently represent potential resistance levels on future relief attempts, with the 50-Week EMA retest “leaving room for a future rejection if price revisits it.” Related Reading: Revisiting $85,000: Bitcoin Price Drop Linked To Japanese Government Bonds This position, the analyst explained, places BTC in a “vulnerable technical environment” as “the convergence of the EMAs toward the Macro Downtrend creates a layered zone of resistance that will be difficult to overcome unless price can reclaim one of these moving averages and stabilise above it.” Until Bitcoin successfully turns one of the EMAs into support, “the structure resembles the early-stage clustering seen in prior cycles where EMAs compressed before a broader bearish continuation,” the analyst concluded. As of this writing, Bitcoin is trading at $88,294, a 2.3% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

As the whole crypto market bled, Zcash (ZEC) started December with a massive one-day pullback, leading the losses among top cryptocurrencies. While some market observers suggest that the altcoin is positioned for a major move, others have warned that the price risks another major correction in the coming weeks. Related Reading: Is Strategy Buying Bitcoin Again? Saylor’s ‘Green Dots’ Suggest Yes Zcash Loses Key Support Levels Amid Crash Following the late Sunday market correction, Zcash has lost crucial levels and fallen to one-month lows. Over the past three months, the cryptocurrency has seen a parabolic rally, surging over 1,775% to its all-time high (ATH) of $750 in early November. Since its ATH rally, the altcoin has been trading within the $440-$720 levels, bouncing between the range’s upper and lower boundaries amid the recent market volatility. However, the end-of-November pullback saw ZEC’s price unsuccessfully retest its key support area, closing the day below this area for the first time in nearly a month. After losing this zone, Zcash continued to drop below other key support levels, breaking down the $400 barrier and hitting a local low of $328 on Monday morning before bouncing to the $340 area. Amid this performance, some market observers warned that the altcoin could be in trouble and further bleeding may occur in the coming weeks. Sjuul from AltCryptoGems highlighted that ZEC registers the biggest price drops in the weekly and daily timeframes, with declines of 40.2% and 24%, respectively. The analyst previously pointed out that the cryptocurrency lost its uptrend after falling below the EMA200, recording “a perfect bearish retest followed by a strong rejection” last week. As a result, Sjuul suggested that if Zcash did not reclaim the key moving average, the cryptocurrency would be positioned for a breakdown to lower support levels. Similarly, Altcoin Sherpa considers that ZEC could drop another 30%-40% to the $200 area after losing the crucial $440 support. Nonetheless, he added that the price will likely see short-term bounces during its retracement. ZEC’s Correction: Nothing To Worry About? Mert Mumtaz, Helius co-founder and CEO, affirmed that a correction after a 700% rally “is normal,” adding that the privacy token “looks great” on higher timeframes. Notably, the cryptocurrency still shows 700% and 485% increases on the three-month and one-year timeframes. The CEO also highlighted Zcash’s strengths: “privacy is not a narrative, private money is the entire purpose of crypto,” suggesting that the altcoin is positioned to challenge other leading cryptocurrencies like XRP in the future. Meanwhile, another pseudonym market watcher considers that Zcash is preparing for a big move despite the correction. According to X analyst Make Sense, the cryptocurrency is at a make-or-break level after falling to the $320 mark, its first major support area below the November range. If ZEC holds the current range, the price could reclaim its recently lost range and bounce to its $500-$600 mid-range. On the contrary, if it loses its current levels, the cryptocurrency could retest the $280 and even $200 area, he affirmed, before a trend reversal. Related Reading: Will Bitcoin (BTC) End 2025 In Green? November Close May Hold The Key “This is where market makers decide the next trend: bounce early → mid-range rally or deep sweep → full trend reversal. Either way, volatility is about to explode,” he explained. As of this writing, Zcash is trading at $338, a 20% decline in the monthly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

While the crypto market bounces from last week’s correction, Bitcoin (BTC) is attempting to reclaim a crucial area as support to continue its recovery rally. As the flagship crypto faces some resistance, some market watchers have suggested that this week’s close may be key for its end-of-year performance. Related Reading: Solana Reclaims Crucial Resistance Despite First SOL ETF Outflows – 25% Rally Ahead? Bitcoin Faces Rejection Ahead Of November Close Bitcoin has retested a crucial resistance level for the first time in a week, hitting a one-week high of $93,092 on Friday morning before retracing. The flagship crypto has failed to hold crucial support levels throughout the November corrections, trading below $100,000 for nearly two weeks. A week ago, BTC plunged below $90,000 during the latest market correction, reaching a seven-month low of $80,600. However, the cryptocurrency led this week’s broader recovery, reclaiming key levels over the past few days. Amid its recent performance, some market observers have noted that Bitcoin is currently retesting a crucial re-accumulation region, between $82,000 and $93,000, where the price consolidated after previous pullbacks, including the Q1 market correction. Analyst Rekt Capital highlighted that BTC rebounded more than 7% from the local bottom and has revisited the range high resistance during Friday’s recovery. Now, Bitcoin is attempting to hold the high zone of its local range, retesting the $90,000-$91,000 area as support after being rejected from the key resistance. Previously, he pointed out that last week’s weekly close aligned with the flagship crypto’s monthly range, setting the stage for a potential floor around the $86,000 area, which would develop a new range between this level and the $93,000 resistance. To the analyst, Bitcoin must close the week, which also coincides with November’s monthly close, above $93,5000 and turn this level into support if it wants to further build on its newfound momentum and potentially revisit its two-month downtrend line, which currently sits near the $96,000 mark. “The ~$93500 level happens to be a Four-Year Cycle level. History suggests price should be able to find a way to 12-month close above ~$93500 to finish 2025 green,” Rekt Capital added on X. $98,000 Rally or $88,000 Drop Next? Market watcher Ted Pillows discussed BTC’s short-term future as it faces some resistance around the $92,000-$93,000 levels. To the analysts, reclaiming this area could propel the price towards the $98,000-$100,000 barrier in the coming weeks. On the contrary, he suggested that failing to reclaim this level will send Bitcoin’s price below the $88,000 mark. Earlier this week, Ted warned that this was one of the most important levels to reclaim and hold as support in the short term, as a rejection from this area could trigger a significant drop below the recent lows. Similarly, Daan Crypto Trades noted that the constant sell-off of the past few weeks has created “a ton of marginally lower highs, creating such a big liquidity pocket” between the $97,000-$98,000 zone. This region also aligns with key horizontal price levels in bigger timeframes, making it a “good area to watch,” as BTC continues to consolidate in a relatively tight range. Related Reading: Ethereum’s End-Of-Year Rally Still At Play? Analysts Eye 50% December Jump The trader considers that if BTC’s price breaks down, the $88,000 mark could be a good place for a higher low. However, if the price holds above the $91,800 level, it may trigger another retest of the $93,000 resistance. Ultimately, He warned that the market could likely see a “Choppy environment in the short-term surrounding Thanksgiving, which always sees pretty low volume & liquidity.” As of this writing, Bitcoin is trading at $90,500, a 1.1% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Ethereum (ETH) is attempting to bounce from the market’s Q4 correction, retesting the $3,000 barrier once again. As we approach the end of November, some market observers have suggested that the end-of-year rally may still be possible in the coming weeks. Related Reading: XRP ETFs Outshine BTC, ETH, And SOL Funds With $164M Single-Day Inflows Ethereum Eyes $3,000 Ahead Of Key Upgrade On Wednesday, Ethereum experienced a 4.4% daily surge, retesting the $3,000 level for the first time in nearly a week. The cryptocurrency has been trading within the $2,680-$2,980 price range amid the latest market-wide correction, which also saw Bitcoin (BTC) lose some crucial support levels. At the start of the week, the King of Altcoins broke above the $2,900 area, attempting to retest the next key resistance over the past two days but ultimately failing to reclaim it. Analyst Ted Pillows highlighted this performance, noting that ETH “tapped the $2,950-$3,000 zone again and got rejected.” Per the post, until Ethereum successfully reclaims this level, “the chances of a new low are high.” On the contrary, if the cryptocurrency breaks above this zone with strong volume in the coming days, investors could “expect a rally towards the $3,400 level.” The analyst also suggested that the altcoin could see a remarkable recovery rally next week, driven by the upcoming Fusaka upgrade. As he explained, ETH soared around 50% after the network’s Pectra upgrade in May. As reported by NewsBTC, the upgrade introduced a series of improvements to increase transaction capacity, enhance efficiency, and reduce system stress. Following the implementation, the cryptocurrency rallied from the $1,800 level to the $2,700 area in a week, which was later followed by an 80% jump in Q3 to its latest all-time high (ATH) of $4,946. Now, the Fusaka upgrade is the network’s biggest update since The Merge and is expected to come on December 3, “to relieve one of the network’s most pressing bottlenecks: data availability for rollups,” VanEck explained in October. Based on this, Ted Pillows suggested that if ETH repeats its post-Pectra performance with the new upgrade, the altcoin’s price could soar above the $4,000 resistance in the next few weeks. End-Of-Year Rally Underway? Market watcher Merlijn The Trader also suggested that Ethereum could see another leg up soon, as it is “repeating a textbook wave structure” it has printed multiple times since hitting the bear market bottom in mid-2022. “Wave 1: Kicked off the cycle. Wave 2: Is shaking weak hands. wave 3: Where parabolas form,” the trader explained on X, noting that ETH could be ending its corrective move and potentially see another rally in the coming weeks. “This pattern printed 3 times before. Each time, ETH went vertical. Now it’s flashing again,” he stated. Similarly, Michaël van de Poppe highlighted Ethereum’s trading pair against Bitcoin, affirming that investors should keep an eye on the chart. Notably, ETH is retesting a multi-month downtrend line resistance against BTC, and could “see a strong breakout upwards in the coming weeks.” “This cycle is far from over,” van de Poppe added. Related Reading: Bitcoin’s November Crash To Continue If This Level Isn’t Reclaimed, Analyst Warns Meanwhile, Rekt Capital noted that Ethereum Dominance continues to occupy an area that served as a consolidation zone before the 2021 rally. “As long as ETHDOM can maintain itself above 10.05% then it should be positioned for higher market dominance levels over time,” the analyst concluded. As of this writing, ETH trades at $3,023, a 2% increase in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

As Bitcoin (BTC) attempts to reclaim the $88,000 area, some market observers believe that the recent lows marked the bottom, and a price recovery rally is underway. Nonetheless, other analysts have warned that the flagship crypto’s November pain could continue if the current levels don’t hold. Related Reading: Why XRP Price Crash Below $2 Is Not A Problem – $20 Is Still The Target Bitcoin Finds Local Support On Monday, Bitcoin continued its price recovery from the latest correction, nearing a key resistance for the second consecutive day. Throughout November, the cryptocurrency has struggled to hold multiple crucial levels amid the crypto market volatility, falling below the $100,000 psychological barrier and trading around multi-month lows. Last week, BTC plummeted below the $90,000 level for the first time since April, reaching a low of $80,600 on Friday. Over the weekend, the flagship crypto’s price stabilized, trading between $84,000-$87,000 and briefly retesting the $88,000 resistance before being rejected. Arthur Hayes, co-founder of crypto exchange BitMEX, suggested that Bitcoin’s price will benefit from “minor improvements” in US liquidity trends. In a Monday X post, he forecasted that the price would likely chop below the $90,000 level in the coming weeks, potentially dropping to the $80,000 level once more, but ultimately holding. Similarly, analyst Rekt Capital asserted that Bitcoin is revisiting a key re-accumulation region between $82,500-$93,000, where the price consolidated in Q1 2025 after losing the upper boundary as support. This is where Bitcoin built its base before reversing upward earlier in the cycle, and it continues to define the bottom boundary of the current structure. Together, these levels establish a clear Monthly Range between $82.5k and $93k, framing the broader context for this phase of consolidation. The analyst also highlighted that BTC’s weekly close above the $86,000 level aligns with the crucial monthly range, adding that its price could now begin building a floor around this area to develop a new range between this level and the $93,000 resistance. To him, investors shouldn’t worry if price downside wicks into the liquidity pool between $78,000-$86,000 “as long as general stability persists” at the current levels. No BTC Party Until 2028? Market observer Ted Pillows noted that Bitcoin was unable to reclaim the local highs in the daily and weekly timeframe, suggesting that if the $88,000-$90,000 zone is not successfully turned into support soon, its price could drop toward a new monthly low below the $80,000 mark. Meanwhile, Crypto Bullet shared a bearish outlook for the flagship crypto, affirming that BTC “will not make a new ATH until 2028” based on historical data. He explained that if BTC is repeating its four-year cycle performance, its price potentially reached its cycle top in October and is entering a new corrective phase. The analyst pointed out the similarities between the 2021-2022 bull run and the current one. According to the chart, BTC hovered within an ascending channel, with price rallying to the upper boundary for a second time after a key retest of the ascending support level. Related Reading: Attack On Cardano Founder Leads To Network Halt, What Really Happened? However, when Bitcoin retested the channel’s lower boundary a second time, its price bounced to the channel’s mid-zone before being rejected at the 50-week Moving Average (MA) and losing the multi-year pattern. As BTC is currently retesting the key ascending support, the analyst suggested that BTC will likely retest the $110,000 area in the coming weeks before retracing around 60% to the $40,000 area in 2026. As of this writing, Bitcoin is trading at $88,692, a 2% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Amid the recent market volatility, SUI is attempting to hold a key level as support following its breakout from a local resistance. Some analysts have suggested that if momentum holds, the altcoin could be preparing for a 50% rally to the next major resistance. Related Reading: Ethereum (ETH) Reclaims $3,500 Amid Market Rebound, Analysts Forecast December Take-Off SUI Recovers Major Support Zone On Tuesday, SUI retested a crucial area as support after recovering from the recent market crash and breaking out of a one-month downtrend line. The altcoin traded between $2.30-$3.00 after the October 10 correction, when the cryptocurrency briefly crashed by over 87% to $0.50. However, the early November pullback sent the price below the local range and to seven-month low levels. Last week, SUI closed below the $2.00 barrier for the first time since April, briefly retesting the $1.80 area. After bouncing from this zone, the altcoin surged above $2.00, retesting this level as support over the weekend. As a result, SUI’s price started the new week reaching a one-week high of $2.20 on Monday, before retracing alongside most of the market on Tuesday morning. Amid its recovery, analyst Ali Martinez recently highlighted that the TD Sequential indicator flashed a buy signal for the cryptocurrency, suggesting that the bottom could be in and a rally to higher levels is next. The analyst later confirmed the buy signal, adding that “sustained buying pressure here could push it to $3 or even $4.” Adding to the potential momentum, the Sui Network announced a partnership between the exchange Crypto.com and the Sui Foundation, the organization behind the adoption and advancement of the ecosystem. According to the announcement, the exchange has launched regulated custody and liquidity support for SUI, giving institutions’ clients “a secure, compliant way to store, manage, and access deep liquidity for SUI.” Downtrend Breakout Eyes 50% Rally Offering a broader outlook, market watcher Daan Crypto Trades noted that the cryptocurrency continues to trade within its big higher timeframe (HT) area, currently retesting a make-or-break zone. Notably, SUI has been hovering between the $2.00-$4.00 levels for most of the cycle, with the range’s lower boundary serving as a major support zone since late 2024. Now, the price “is holding initially on this higher low,” but must show short-term strength to break out from this area. Per the post, the altcoin has also broken out of its one-month diagonal resistance, which could send the price back to pre-November pullback levels. Currently, SUI’s price is retesting the downtrend line as support, which could turn the correction into a deviation and propel a move back above $2.30. “That’d be a solid sign of strength for me that this might be due for a larger reversal,” the trader added. Similarly, analyst Crypto Kaleo highlighted the recent performance, affirming that “when SUI breaks out of a major downtrend, it rips.” Related Reading: Shiba Inu Derivatives Market Is Taking Off Again, But What Does This Mean For Price? As he pointed out, the cryptocurrency broke out of similar downtrends during the May and July rallies, soaring more than 50% within a week. Therefore, if the altcoin holds the current levels, its price could jump to the $3.00 barrier in the short term. Nonetheless, he warned that the two previous breakouts also saw some volatility after the initial move, suggesting another retest of the downtrend line could happen before the next leg up. As of this writing, SUI is trading at $2.07, a 3.8% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Amid the recent market recovery, Ethereum (ETH) is retesting a key level as support for the first time in a week, leading some market watchers to suggest that the highly anticipated end-of-year run may be delayed for a few more weeks. Related Reading: Trump Media Takes $55M Hit As Bitcoin Holdings Surge In Value Ethereum Eyes Next Key Level On Monday, Ethereum retested a crucial level after reclaiming it during the Sunday rebound. The cryptocurrency has been trading within the $3,100-$3,500 range after last week’s market shakeout, briefly hitting a four-month low of $3,057. Over the weekend, the King of Altcoins reclaimed the $3,400 resistance and soared approximately 7% to the $3,650 level, stabilizing around the $3,500-$3,550 area as the new week started. Daan Crypto Trades noted that the current levels are a crucial area to hold in the short term, explaining that “If the bulls can make that happen, we can start looking to fill up some of that inefficiency that was created during the big flush recently.” Nonetheless, Ali Martinez highlighted that over 869,000 ETH were accumulated around the $3,700 level, forming a major resistance wall in the cryptocurrency’s path to the $4,000 psychological barrier. Martinez also pointed out that the number of mega-whale addresses holding more than 10,000 ETH dropped by nearly two dozen in the past week. Per CoinGlass data shared by the analyst, 23 of the largest Ethereum whales sold or redistributed their holdings between November 4 and November 8. Despite this, large-scale investors continued to bet on the King of Altcoin during the market sell-off. Tom Lee, CEO of BitMine, affirmed that “the recent dip in ETH prices presented an attractive opportunity” to purchase the cryptocurrency. As a result, the company bought 110,288 ETH, worth $400 million, last week, increasing its holdings to 3,505,723 million tokens, or 2.9% of ETH’s total supply. ETH’s Q4 Rally Delayed? Despite the recent recovery, Ted Pillows suggested that Ethereum might not run to new highs this month, arguing that, just like Bitcoin, “Ethereum isn’t showing any correlation with M2 supply.” The analyst explained that this often happens when US liquidity growth is hindered. Based on this, he considers that the second-largest cryptocurrency by market capitalization could consolidate throughout the rest of the month “before taking off in Dec 2025/Jan 2026.” Similarly, analyst Crypto Wolf believes ETH will likely “print a clear higher low” near $3,400-$3,500 this month as “only after that can we realistically target new ATHs into December.” The market watcher highlighted that $3,100 is the next major support zone after the recent shakeout. If this level holds in the higher timeframes, ETH could build a base to retest the recent highs. However, losing this crucial area would be “how the bear market begins.” Related Reading: Dogecoin Price Could See 4,440% Rally To $5 If This Macro Cycle Repeats Meanwhile, analyst Cas Abbé noted that ETH’s recent performance resembles its Q2 price action. At the time, the altcoin briefly broke below its multi-month consolidation range before recovering and rallying 100% to new highs in the next two months. If history repeats itself, Ethereum could be preparing to retest the $3,700-$3,800 resistance soon and potentially record a massive rally by the end of the year. Featured Image from Unsplash.com, Chart from TradingView.com

After failing to close the week above a crucial level, Bitcoin (BTC) is attempting to hold $100,000 as support, leading some analysts to suggest that this is the make-or-break moment for the cryptocurrency. Related Reading: Solana (SOL) Loses Key Support Amid 8% Drop, Risks Major Correction To This Level Bitcoin Plunges To Physiological Barrier On Tuesday, Bitcoin saw a 9% drop from its weekly opening, dropping to the $100,000 area for the first time in months. The flagship crypto has been trading above $105,000 since late June, hovering between $108,000-$120,000 over the past four months. During the early October correction, BTC’s price briefly deviated below these crucial levels, hitting a three-month low of $102,000 before recovering. Since then, the cryptocurrency has struggled to reclaim the mid-zone of its local range, falling to the $106,000-$108,000 area multiple times in the daily timeframe. As the price retested the $100,000 level, Sjuul from AltCryptoGems noted that Bitcoin has now broken below its 10th of October low, which was “the last major level before the $98K low from the Middle Eastern war fud back in June.” Analyst Ted Pillows highlighted that BTC has two massive liquidity clusters on the longer timeframes. Per the chart, the first cluster sits around the $90,000 level, which also coincides with an open CME Gap from Q2. Meanwhile, the second cluster sits around the all-time high area at $126,000. “Given that the market is looking weak now, a dump to fill the CME gap before reversal could happen,” the market watcher warned. However, Ali Martinez suggested that a 5%-11% rebound from the current area is possible. The chart shows that Bitcoin has been trading between $101,300-$124,000 price range since May, bouncing from the lower boundary each time it was retested. If BTC holds this area, it could surge to at least $106,500 or $112,000, the analyst asserted. BTC Retests 50-Week EMA Rekt Capital highlighted that BTC had reached the 50-week Exponential Moving Average (EMA). The analyst explained that after closing below the 21-week EMA, Bitcoin was deviating below its range lows for the fifth consecutive week. The 21-week EMA has served as crucial support during pullbacks since late Q2. However, it was lost amid the recent market volatility. Last week, multiple analysts warned that closing above this level was crucial to turn it back into support and prevent a larger pullback. Per the Tuesday post, the 50-week EMA, sitting around the $100,000 level, “would probably only get tagged on confirmed breakdown from $108k,” meaning that the flagship crypto will need to close the week above this level to maintain its current price range. Similarly, Crypto Bullet pointed out that the 50-week MA retest was “the moment of truth” for BTC. Notably, the cryptocurrency has retested this indicator three times this cycle, marking the bottom of each corrective phase and the start of a new rally to a new all-time high (ATH). Related Reading: Is Crypto ‘Boring’ Now? Bitwise CEO Says The Market Is Changing The market watcher warned that losing this level would mean “it’s lights out” for the flagship cryptocurrency. However, a rebound from this area could set the stage for a price recovery and a potential bullish rally in late Q4. As of this writing, Bitcoin is trading at $100,356, a 6% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Amid the market pullback, Solana (SOL) has hit a new local low after its price fell below a crucial support level for the first time in months. Some analysts have suggested that the altcoin is in a healthy retest of a key area, but others warned that the cryptocurrency risks another major correction if the current levels are also lost. Related Reading: Bitcoin Bull Run: Over Or Just Paused? CryptoQuant CEO Presents The Data Solana Risks 30% Correction On Monday, Solana recorded an 8.3% drop after losing the lower boundary of its three-month range. The cryptocurrency has been trading within the $175-$250 levels after the August breakout, hitting a multi-month high of $253 during the September rally. Since then, the altcoin has retraced nearly 35% to the current levels and failed to successfully reclaim the $200 psychological barrier despite multiple attempts. Following the early October correction, when SOL dropped to $168, the price has repeatedly retested the $170-$180 mark as support, bouncing from this area each time. Nonetheless, the recent market volatility, which sent Bitcoin (BTC) back to the $107,000 mark, has dragged Solana below its crucial support zone to a new local low of $165. Amid this performance, some analysts have suggested that SOL’s pullback may not be over, as the price risks another major correction. Analyst Ali Martinez highlighted the cryptocurrency’s macro range between $100-$260, emphasizing that Solana must reclaim $200 to show strength and potentially target the range highs. He previously affirmed that a confirmed breakdown from the $180 level would set the stage for further losses. Per the chart, the next support level sits around the $158 area, which marks the mid-zone of the macro range and a key support and resistance level throughout the early Q3 run and Last November’s breakout. However, the analyst considers that the next crucial support actually “sits much lower.” As he explained, if Solana fails to bounce from the current levels and reclaim $180, it could face a 30% pullback to $115. Meanwhile, analyst DonAlt affirmed that “It’s probably wise to have a bearish bias between here and $210 and then aggressively flip if SOL manages to flip the $210 resistance.” Investor Bet On SOL’s Long-Term Performance Despite the bearish outlooks, some have suggested that SOL is “showing a clean retest setup” within its long-term support. Trader Elite Crypto considers that SOL’s recent pullback “looks like a healthy correction after months of upward movement.” He noted that the cryptocurrency is still holding a major ascending support zone that has served as a crucial bounce point since 2023. Based on this, the market watcher expects Solana’s price to retest the $158 area before the next leg up. “Overall, I am still bullish on SOL,” he affirmed. Bitwise CEO Hunter Horsley suggested a bullish long-term performance for the leading altcoin. In an X post, he highlighted that the asset management firm “opened a bridge to Solana for many investors” with its recently launched SOL Staked Exchange-Traded Fund (ETF). Related Reading: Is Crypto ‘Boring’ Now? Bitwise CEO Says The Market Is Changing Notably, the second wave of crypto-based ETFs started trading last week, with the SOL-based investment product recording $400 million of inflows on its first four days. According to Bloomberg analyst Eric Balchunas, it led “all crypto ETPs by a country mile in weekly flows.” Horsley highlighted that “ETF investors tend to be long term oriented,” signaling that the cryptocurrency is expected to have an overall bullish performance in the future despite the current price action. As of this writing, SOL is trading at $167, a 17% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Despite the Federal Reserve (Fed)’s announcement of a 25-basis-point rate cut, Bitcoin (BTC) has dropped nearly 4% in the past 24 hours, losing its local range low for the first time in a week. Some analysts have warned that this week’s close is crucial for the flagship crypto’s short-term performance. Related Reading: Ethereum (ETH) Prepares For ‘Last Euphoric Run’ As Whales Go On $135M Buying Spree Bitcoin Price Eyes Crucial Weekly Close On Thursday, Bitcoin dropped below the recently reclaimed $110,000 area, hitting a one-week low of $106,700. Notably, the cryptocurrency has been trading within the $108,000-$120,000 price range since July, but has failed to reclaim the range highs after the early October correction. Amid this performance, Ted Pillows suggested that the market volatility was expected, as BTC has shown a similar price action since the start of Q3. The analyst explained that Bitcoin has dropped 6%-8% after the last three Federal Open Market Committee (FOMC) meetings, but it has also made a new all-time high (ATH) before the next one. According to the chart, BTC’s price reached its local bottom 5-9 days after the meeting, quickly recovering from the drop and rallying to new highs in the coming weeks. As price retests the $106,000 area, Ted predicted that a repeat of the same playbook could happen. However, he warned that Bitcoin must reclaim the $113,500 in the coming days to prevent a larger pullback. “A weekly close below that level will increase the likelihood of a bigger correction,” the analyst explained. Similarly, Rekt Capital pointed out that Bitcoin must close the week above the $114,500 to turn this level back into support. He noted that after the recent performance, a volatile retest of this level would be “perfectly fine” as long price closes above this crucial level at the end of the week. Confirming the Range Low of ~$114k as support would confirm re-entry into the Range, kickstart consolidation within the Range again, and enable a move across it towards the Range High of ~$119000 (red) in an effort to breakout from it and challenge $120k+ once again. Is BTC’s End-Of-Year Rally Still On? Michaël van de Poppe affirmed that $112,000 is the next key area to break before a new ATH, as it has been a crucial resistance level in the daily timeframe for the past few weeks. Per the post, a breakout from this area could set the base for a retest of the $119,000-$120,000 zone. On the contrary, a rejection from this level could send the price toward the $103,000 mark or lower, he warned. “I do think we’ll see a new ATH in November,” the market watcher added.” Meanwhile, Daan Crypto Trades highlighted that BTC is “just playing ping pong” between its key levels and will continue to move within its range until one of the boundaries is successfully broken. Related Reading: Bitwise CIO Predicts Solana Staking ETF Will Be ‘Huge’ As First Day Volume Hits $56M The trader added that November is one of Bitcoin’s best months based on historical performance, which could suggest that a price rally could be near. Notably, 8 out of 12 Novembers have closed in green, with a median return of 10.82%, according to CoinGlass data. Moreover, he noted that the last two months of the year are when the three previous bull runs topped and the past two bear markets bottomed. “Whether it’s on the bullish or bearish side, volatility and big market pivots have been the theme into the end of the year,” he concluded. Featured Image from Unsplash.com, Chart from TradingView.com

As the market awaits the Federal Open Market Committee (FOMC) meeting, Ethereum (ETH) is attempting to hold the $4,000 area as support. Despite the volatility, some analysts have predicted that the King of Altcoins may soon start its long-awaited price discovery rally, while whales pour millions into the cryptocurrency. Related Reading: Bitwise CIO Predicts Solana Staking ETF Will Be ‘Huge’ As First Day Volume Hits $56M Ethereum Price Set For $8,000 On Wednesday, Ethereum fell below the $4,000 level once again, falling to a two-day low of $3,926. After a massive Q3 rally, the King of Altcoin has struggled to hold the crucial psychological barrier as support and has been unable to reclaim the $4,200 resistance for most of October. Earlier this week, the cryptocurrency retested the key resistance level after surging 7% over the weekend, but retraced on Tuesday alongside the rest of the market. Amid this performance, some analysts suggested that ETH will likely experience more volatility, fueled by the Federal Reserve (Fed)’s interest rate cut announcement. Daan Crypto Trades noted that ETH’s big test is around its previous cycle highs near the $4,100 level. To the trader, “this is the level to break and hold if the bulls want to get back to the highs in due time.” On the contrary, a new rejection from this area could send the price to retest $3,800 and turn the level into a major resistance in the larger timeframes. Nonetheless, Crypto Yhodda stated that Ethereum is “getting ready for the last euphoric run,” as its performance resembles its 2021 price action, when the altcoin recorded a massive price discovery rally after breaking out of its four-year consolidation. Similarly, analyst Crypto Jelle asserted that shakeouts at key support levels are expected, adding that the cryptocurrency’s rally “still looks very promising.” Jelle highlighted an 18-month bullish megaphone formation on Ethereum’s chart, which it broke out of during the Q3 rally. The analyst emphasized that ETH is still holding the previous highs and the breakout level as support, suggesting that a “hated rally” to the $8,000 target could happen soon. Whales Bet Big On ETH Online reports highlighted that large-scale investors have been on a buying spree despite the altcoin’s pullback. As reported by NewsBTC, Santiment data showed that whales added 218,470 ETH in the past week, signaling that major investors are gradually re-entering the market. Meanwhile, on-chain analytics platform Lookonchain revealed that whales continued to buy ETH over the past 24 hours. Notably, two newly created addresses received a total of 33,948 ETH, worth $135 million, from digital asset prime brokerage FalconX on Wednesday morning. According to Lookonchain, the two addresses likely belong to BitMine, the largest Ethereum-based treasury company, which recently unveiled another 27,316 ETH purchase, worth $113 million. Related Reading: Solana, Litecoin, Hedera ETFs Ready? Experts Expect Tuesday Launch Despite Goverment Shutdown In a Monday X post, BitMine provided its latest holdings update, which now surpasses the $14.2 billion mark. As of October 27, the company holds 3,313,069 ETH, 192 BTC, an $88 million stake in Eightco Holdings for its “Moonshot” initiative, and unencumbered cash of $305 million. A month ago, BitMine revealed it had reached the 2% milestone of its goal to own 5% of Ethereum’s total supply. With the recent purchases, the company has achieved 55% of its goal, currently holding 2.75% of ETH’s supply. As of this writing, ETH is trading at $3,990, a 3.5% drop in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

 BNB has seen a 5.5% price jump following the White House announcement that Binance co-founder has been pardoned by US President Donald Trump, leading some analysts to suggest that a new leg up might be around the corner. Related Reading: Crypto Market Records ‘Particularly Robust’ Q3 Performance With 16% Active Trader Growth – Report US President Grants Pardon To Binance Founder On Thursday, the White House revealed that US President Donald Trump had pardoned Binance co-founder and former CEO Changpeng Zhao, also known as CZ, two years after pleading guilty. In an official statement, the White House’s press secretary, Karoline Leavitt, said that the US President “exercised his constitutional authority by issuing a pardon for Mr. Zhao, who was prosecuted by the Biden Administration in their war on cryptocurrency.” Leavitt stated that “In their desire to punish the cryptocurrency industry, the Biden Administration pursued Mr. Zhao despite no allegations of fraud or identifiable victims.” In 2023, Zhao pleaded guilty to Anti-Money Laundering (AML) violations while being the CEO of Binance. As part of his plea deal, he stepped down from his position in the crypto exchange and served a four-month prison sentence last year. Additionally, Binance reached a $4.3 billion settlement with the Department of Justice (DOJ). The White House press secretary affirmed that “these actions by the Biden Administration severely damaged the United States’ reputation as a global leader in technology and innovation,” declaring that “the Biden Administration’s war on crypto is over.” Notably, there have been rumors that President Trump could grant a pardon to Zhao after January’s pardon of Silk Road founder Ross Ulbricht. In March, the Wall Street Journal reported that Zhao allegedly had been “pushing” a Binance US deal for a pardon since 2024. However, he quickly denied these claims. In an X post, CZ thanked the Trump Administration, stating that he is “deeply grateful” for the long-awaited pardon and “to President Trump for upholding America’s commitment to fairness, innovation, and justice.” The Binance co-founder also pledged to “do everything we can to help make America the Capital of Crypto.” CZ Pardon Pushes BNB To $1,100 Following the news, BNB saw a 5.5% jump to reclaim the $1,100 mark. The cryptocurrency has recorded a massive rally over the past few months, reaching a new all-time high (ATH) of $1,375 nearly two weeks ago. Altcoin Sherpa highlighted the altcoin’s price action amid the recent market performance. However, he expressed doubt about whether BNB will “continue being the strongest major or not,” at least in the short term. He suggested that Solana (SOL) could have a better performance in the coming weeks, arguing that “both ETH and BNB had incredible runs previously and probably need more time to chill out.” Related Reading: Fetch.AI CEO Offers Reward To ‘Uncover’ Ocean Protocol’s Alleged $120M FET Dump Since last Friday’s correction, BNB has been trading within the $1,050-$1,125 range, failing to break out of the upper level for the past six days. Analyst Open4Profit noted that if the altcoin reclaims the range’s resistance, the price could rally toward its ATH levels and continue its price discovery uptrend toward the $1,500 target. Market watcher CW pointed out that BNB has two key sell walls ahead, one at the $1,180-$1,190 area and another between the $1,200-$1,220 mark, suggesting that the altcoin could face resistance around these levels if the price breaks out. As of this writing, BNB is trading at $1,116, a 10.5% increase in the monthly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Bitcoin (BTC) started the week recovering 6% from Friday’s drop and attempting to reclaim a crucial area that could set the stage for a trend continuation. However, some analysts have advised caution as BTC’s next leg up could be delayed until December. Related Reading: XRP DEX Volumes Surge As Price Plunges: Smart Money Accumulating? Bitcoin To Move Sideways Until December? After the end-of-week market downturn, Bitcoin has bounced to the $110,000 level and is attempting to turn this area into support again. Notably, the flagship crypto has been trading within the $108,000-$120,000 price range since July. Last week, BTC recorded its second drop below the range lows, falling to the $103,500 mark on Friday. Over the weekend, the cryptocurrency’s price stabilized and reclaimed the $106,000-$108,000 area. Now, Bitcoin has recovered 6.2% from the recent lows and could potentially target higher levels in the short term. Analyst Crypto Kaleo pointed out that BTC’s multi-year ascending trendline has held as support despite the recent retest and overall sentiment turning bearish, suggesting that investors should “be more bullish.” Similarly, Sjuul from AltCryptoGems highlighted that despite the current market sentiment, which shows the Fear and Greed index remains at fear levels, the flagship crypto is “still perfectly holding that flipped resistance level,” around $108,000, and is holding it as support. “Not sure if this is the place to turn bearish. Support is support, until it is not,” the analyst affirmed. Altcoin Sherpa also shared a positive outlook, emphasizing that BTC’s chart doesn’t look “that bad when you zoom out,” as it remains in the same multi-month price range and could challenge the $114,000-$115,000 area. Nonetheless, the analyst cautioned that it may be “too early to really call any sort of bullish reversal,” forecasting that the cryptocurrency will likely see “a ton of chop over the next 6-8 weeks, and we range between 100k-115k and hopefully have a nice December.” $114,000-$116,000 Area Remains Key Rekt Capital stated that as long as the price holds the current levels, it could move to the $114,000 area for a key trend continuation across its range and potentially revisit the highs. To achieve this, the analyst explained that Bitcoin must reclaim its 21-week Exponential Moving Average (EMA) as support, which was lost after Sunday’s close below the $110,000 mark. The 21-week EMA has served as support during pullbacks since late Q2. He explained that the cycle has been one of downside deviations, with price weekly closing below key levels and positioning for a bearish retest before successfully reclaiming these levels as support and rallying higher. Based on this, “it’s not a given that price will reject from the 21-week EMA.” The analyst also shared an outlook for BTC’s range in the monthly timeframe, where it has been consolidating while upside wicking beyond the range high and downside wicking below the range low since July. Related Reading: Dogecoin Price Moves: Can It Repeat The 36,000% Rally ‘Anomaly’ From Last Cycle? “As part of this consolidation, there is a potential Lower High developing which isn’t yet solidified; the upcoming Monthly Close will inform more about whether that indeed will become a resistance,” he detailed Rekt Capital concluded that a monthly close above the Lower High would invalidate the potential setup, and a close above the range high resistance would position Bitcoin for a range breakout, “especially if a November post-breakout retest of $116k into new support takes place.” As of this writing, Bitcoin is trading at $110,850, a 2% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

As Solana’s (SOL) price attempts to hold a crucial support area, an analyst has warned investors that the highly anticipated “Solana season” might not happen as the altcoin risks a massive price crash. Related Reading: Has The Crypto Treasury Bubble Burst? Tom Lee Thinks So Solana Risks ‘Serious Downside’ On Friday, Solana followed the rest of the market and fell below the $180 support to retest the recent lows. The cryptocurrency started this week by recovering from last week’s correction to its two-month low of $168, briefly attempting to reclaim the $210 resistance on Tuesday. However, the recent market volatility has seen the altcoin lose the $200 level again and retest a crucial support area that could determine SOL’s next move. Amid this performance, analyst Crypto Bullet shared a bearish outlook for Solana, suggesting that a 75% crash from current prices might be coming. In Q2, the market watcher warned that the cryptocurrency’s bull market was “likely over,” highlighting its structure in the higher timeframe chart. Per the post, SOL “had a clear 5-wave Impulse to the upside that ended in January with $TRUMP coin blow off top,” when the altcoin hit its all-time high (ATH) of $293. Based on this, he forecasted that Solana would see an ABC corrective wave pattern in the coming months, with a potential bounce to the $240-$250 area for the B wave, before “the most painful wave down (C).” The analyst affirmed that the cryptocurrency has likely completed the B wave, although it could have a bounce to a new higher high before the breakdown. “The monthly candle still has 2 weeks to close green, but frankly speaking, Solana looks cooked (whether we get a higher high to trap more people or not),” he affirmed. Crypto Bullet cautioned SOL holders that if the C wave has started, they “should be prepared for some serious downside” in the mid-term toward the $40 target. Can SOL Retest $210? Analyst Ted Pillows also cast a warning for investors, asserting that “Solana treasury companies are in free fall right now.” He suggested that the recent dump is partially driven by the halt in institutional bidding. “Until these companies show some recovery, I think Solana’s price recovery will be difficult,” the post read. Despite the bearish predictions, some market watchers consider that SOL’s bullish outlook is still in play. Man of Bitcoin highlighted that Solana’s price is potentially forming a 1-2 setup, which could send its price back to the $200-$210 area. To the analyst, as long as the price holds above the $170 support level, the bullish scenario could continue to play out. Meanwhile, Crypto Yapper noted that Solana is currently retesting a double support in the daily chart, which could set the stage for a 15%-20% bounce. Related Reading: Ethereum Ready For ‘Rapid Expansion’ As Price Holds $3,900 Support – 30% Rally Coming? Per the post, SOL’s price is retesting the lower boundary of a 2-month falling wedge formation and the crucial $170-$180 horizontal level, which has served as a major support and resistance level throughout the year. Holding these levels in the daily and weekly timeframe could spark a rebound and propel the price to retest the falling wedge’s upper boundary and the crucial horizontal resistance around the $210-220 mark, the analyst noted. As of this writing, SOL is trading at $182, a 12.6% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

As the market volatility continues, Ethereum (ETH) has dropped 3.1% in the daily timeframe and is attempting to hold a key price area as support once again. Despite the dip, some analysts have suggested that the King of Altcoin is set to start a new expansion phase soon. Related Reading: Bitcoin (BTC) ‘Uptober’ Rally On Pause Until This Level Is Reclaimed Ethereum Retests Major Support Zone On Wednesday, Ethereum fell below the $4,000 level for the third time this week, retesting a crucial area before bouncing. The cryptocurrency has been trading within the $3,800-$4,800 price range in the daily timeframe since the early August breakout. During the recent market correction, ETH briefly lost its local range, reaching a two-month low of $3,435 last Friday. Nonetheless, the price quickly bounced from the lows, reclaiming the $4,000 area over the weekend. Since then, the King of Altcoins has been hovering around the lows, attempting to reclaim the range’s mid-zone but ultimately failing. As the price retested the $3,900 area, Daan Crypto Trades noted that Ethereum has been able to maintain daily closes above the $4,100 area despite this week’s volatility, suggesting that a recovery of this level is still possible today. Nonetheless, failing to hold this area in the daily timeframe could propel a drop to the $3,800 support and risk a potential dip to the $3,400 mark. The trader also warned that the cryptocurrency must also hold the $4,100 region on the weekly timeframe to maintain its current structure and target a climb to the range highs around $4,800. He affirmed that “the real fun starts if this can trade and close above $5K. Until then, we’re range-bound within those two levels.” Similarly, Ali Martinez highlighted that ETH could see a 28%-53% rally based on Ethereum’s MVRV Extreme Deviation Pricing Bands. According to the analyst, if the price holds the $3,900 level, which is a major support, “the Pricing Bands point to a move toward $5,000 or even $6,000.” Is A Repeat Of ETH’s 2021 Playbook Coming? Other market watchers have also shared a positive long-term outlook for ETH, suggesting that investors shouldn’t worry about the recent price pullbacks. Analyst Crypto Jelle pointed out the 18-month descending broadening wedge formation on Ethereum’s chart, which was broken out of during the Q3 rally. Jelle noted that the cryptocurrency is “just holding the breakout area as support,” consolidating between the breakout area and the last cycle’s ATH. To the analyst, ETH looks “very ready for a rapid expansion higher” once it breaks out of the accumulation range. Meanwhile, Crypto Kaleo emphasized the structural similarities between the beginning of the last bull market’s breakout and Ethereum’s current price action. Per the chart, the King of Altcoins traded within a two-year range during the previous cycle, retesting the range’s resistance twice and briefly deviating below the range’s low before breaking out. Related Reading: Chinese Investment Bank Eyes $600 Million Raise For BNB Treasury Company Then, ETH saw a multi-month accumulation period above the breakout level before continuing its rally toward new highs. Kaleo’s post highlighted that the cryptocurrency appears to be repeating a similar playbook, currently consolidating before potentially resuming its run toward higher targets in the next few months. As of this writing, ETH is trading at $4,001, a 11.3% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

After a remarkable start to ‘Uptober,’ Bitcoin (BTC) has recently seen significant volatility, retesting multiple crucial levels. As the price bounces from the $110,000 mark, some analysts have suggested that BTC’s rally won’t restart until a key area is reclaimed. Related Reading: Chinese Investment Bank Eyes $600 Million Raise For BNB Treasury Company Bitcoin Needs Key Reclaim For New Highs Over the past week, Bitcoin’s price has fluctuated between its range’s lower and upper boundaries, hitting both a new all-time high (ATH) of $126,000 and a three-month low of $102,000. Notably, the crypto market saw one of the largest liquidation events in history on Friday, which briefly sent BTC’s price below $107,500. The flagship crypto quickly bounced from the lows and reclaimed the $110,000 barrier as support over the weekend, attempting to reclaim the $116,000 level twice since Sunday. Analyst Ted Pillows noted that holding the crucial $110,000-$111,000 zone could set the stage for a bounce back to the high of its three-day range, but warned that losing this area could send the price to the $107,000 support before a reversal. Similarly, Daan Crypto Trades highlighted that despite the pullback, BTC’s range between $107,500-$124,000 has held and the key horizon levels have been respected, with “many large pivots and moves happening from these areas.” The trader suggested that Bitcoin will likely continue to “chop” within the range’s mid-zone, where most price action has occurred since Q3, until it reclaims and retests $117,000 as support. To achieve this reclaim, analyst Rekt Capital pointed out BTC must show continued stability around the $114,000 area as it has “historically preceded upside into at least $117.3k.” He noted that on the previous occasions when the price Daily Closed above this level, Bitcoin was able to rally to at least $117,300, even if the bounce eventually led to more downside action. Nonetheless, “for bullish bias, it’s important $117.3k doesn’t turn into a resistance on this current move and so Bitcoin will need to Daily Close above $117.3k to continue towards $120k over time,” the analyst warned. BTC’s Macro Structure Shows Strength Rekt Capital highlighted that BTC managed to maintain its macro bullish market structure, continuing to “print progressive Higher Lows despite the drastic downside, which is a sign of strong continued premium-buying behaviour on price pullbacks.” He also noted that Bitcoin has been consolidating within the $108,000-$116,000 levels in the monthly timeframe, upside wicking beyond the range high and downside wicking below the range low since July. The analyst suggested that the downside wicks could be a positive sign since “it signifies a liquidity grab at lower price levels that could add the necessary fuel to attempt a Macro Range breakout.” “As a matter of fact, Bitcoin has been upside wicking beyond the $116k Range High far more frequently in recent months compared to the downside wicking below the $108k Range Low, which is a testament to the Range Low’s role as a stable higher timeframe support,” he explained. Related Reading: Analyst Sends Message To XRP Investors: If You Don’t Do This, You’ll Get Wrecked Rekt Capital added that a downside wick below the range low was inevitable, as the price had not experienced such volatility in months. He concluded that holding the $114,000 support in the weekly timeframe is the key level for a new challenge of the Range Highs. As of this writing, Bitcoin is trading at $112,610, a 2.7% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Amid the recent market volatility, Solana (SOL) has lost a crucial area for the first time in over a week, leading some analysts to forecast a potential drop toward the $200 support and below in the coming days. Related Reading: Major Event Management Platform Raises $2M To Expand Stablecoin Payments Across Entertainment Industry Solana Pullback Eyes $200 Retest Solana fell from the $225 area and recorded a 6.6% intraday retrace below the $210 level for the first time in two weeks. Notably, the cryptocurrency has been trading within the $210-$245 levels over the past month, briefly losing this range during the late September pullback. As “Uptober” arrived and the overall crypto market recovered, the altcoin bounced from the recent lows, reclaiming the mid-zone of its local price range. Over the past week, SOL traded within the $220-$235 area, retesting both the upper and lower boundaries of this zone throughout this week’s volatile market performance. Multiple market watchers warned that losing $215-$220 area could determine whether SOL’s short-term rally was at risk. On Friday morning, the altcoin lost this crucial zone, hitting a one-week low of $207. Analyst Crypto Batman forecasted that Solana would likely head lower before bouncing, highlighting two key support areas. He suggested that the altcoin’ could retrace deeper into its Bullish Fair Value Gap (FVG), between $210-$220, which previously served as a key resistance level. However, if the price continues to fall, he pointed out that a retest of SOL’s two-month ascending trendline, currently around the $200 mark, would be possible. This trendline was tested as support in late September, when the altcoin fell to the $190 level. Similarly, Crypto analyst Man of Bitcoin had affirmed that holding the $216 level was crucial to preserve a bullish scenario in which the cryptocurrency rallied toward the $270 without major pullbacks. The analyst cautioned that losing this area would invalidate the bullish setup and likely push the price down toward the local range lows, potentially risking a drop to the $200 barrier. SOL’s Make-Or-Break Level Meanwhile, market watcher Follis recently stated that SOL has “one of the cleanest” high timeframe charts in the market. He noted that Solana’s 100-day Exponential Moving Average (EMA) indicator in the daily chart holds “the key.” Notably, this indicator, currently sitting around the $200 area, has been tested as support and bounced from each time the cryptocurrency has failed to break a major resistance level since August. Based on its recent performance, if the altcoin holding the EMA100 on the daily timeframe could see a rebound and target the range highs. On the contrary, if this level is lost, the cryptocurrency risks falling to the September lows. Related Reading: BNB Chain Memecoin Season? 70% Of Investors In Profit As Four.Meme Surpasses Pump.Fun Despite the short-term correction, some analysts remain optimistic about SOL’s end-of-year rally, suggesting that it will continue its path to new highs after the retrace. “$320 remains the target,” Trader Koala affirmed, “Pullback first though.” As of this writing, Solana is trading at $205, a 12.1% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com