Bitcoin, Altcoins Succumb To Range High Sellers: Is The Bull Market Over?
Bitcoin rose above $90,000, but selling pressure and $634.8 million in ETF outflows signal caution among institutions. Analysts warn that if Bitcoin falls below the $81,500 True Market Mean, it could drop further, with $80,600 and $73,777 seen as strong support zones. Grayscale remains bullish, predicting a new all-time high for Bitcoin in early 2026 due to macroeconomic and regulatory improvements. For major altcoins: - Ether faces resistance at $3,066 with downside risk to $2,623 unless it breaks above $3,350. - BNB support lies at $791, with potential to remain in a $791–$1,020 range unless one side prevails. - XRP is under downward pressure, with critical support at $1.61 and possible decline to $1.25. - Solana could drop to $95 if it breaks current support, while upside potential remains toward $172. - Dogecoin is weak below $0.13, could fall to $0.10 unless rallying above $0.15. - Cardano risks a plunge below $0.37, but a recovery above $0.50 could spark gains to $0.61. Bitcoin Cash, Hyperliquid, and Chainlink also face key support tests, with relief rallies capped by moving averages unless buyers regain control. Overall, crypto markets show uncertainty, with bears having short-term momentum.
