#CryptoMarketMoves
📊 Market Overview: Bitcoin Seeks Support
The market is in a phase of uncertainty. While BTC is struggling to hold above critical levels, most altcoins are showing weakness, with the exception of Bitcoin Cash (BCH), which looks stronger than the rest.
• Bitcoin (BTC): The price is holding near $88,500.
• Important: If it falls below $84,000, a dip to $74,500 is possible. To rise to $100,000, it needs to consolidate above $94,589.
• Ether (ETH): Trapped in a "symmetrical triangle". A break above the moving averages will open the way to $4,000, but a drop below support could return the price to $2,623.
Altcoin Brief (Support/Resistance)
• #bnb : Holding onto the uptrend line. Resistance is $928, support is $790.
• #sol : Recovery attempts are held back by sellers. Key support is $116, resistance is $127.
• #xrp : Is in a descending channel. Need to break $1.93 to rise to $2.09.
• $DOGE & #ADA : Both assets show a "bullish divergence" (a signal of a possible reversal), but for confirmation ADA needs to close above $0.38, and DOGE needs to return above $0.13.
• BCH: The strongest chart of the day. Target on a breakdown of resistance is $720.
• $LINK & $HYPE : Trading in narrow ranges. A sharp breakout (impulse) is expected in the coming days.
⚠️Conclusion: Analysts believe that price movement in the first quarter of 2026 will depend on the Fed's policy. A rate cut could push BTC into the range of $92,000 - $98,000.
