🕒 Crypto Market Update — Sept 23, 2025

Hey everyone, here’s what’s happening in the crypto world today:

🔍 Key Moves

Bitcoin (BTC) slipped under $113,000 amid profit-taking and broader market weakness.

Ethereum (ETH) broke down from a contracting range, raising concerns around the ~$4,000 mark as support.

XRP is showing bearish signals, with its weekly MACD turning negative.

💸 Why It’s Moving

A large number of leveraged positions were liquidated (~$1.5–1.7 billion), especially longs. That added to the downward pressure.

The dollar is strengthening, which is making risk assets like crypto less attractive right now.

Key upcoming events: U.S. Fed speeches & U.S. PCE inflation data. These could be catalysts for further volatility.

📉 Support & Resistance to Watch

Asset Key Support Key Resistance

Bitcoin ~$107,000 ~$115,000 zone

Ethereum ~$4,000 $4,062 ~$4,200

XRP Monitor if weekly indicators stay weak —

bulls need to defend current levels. Resistance near recent highs (varies depending on timeframe)

✅ What to Keep in Mind

This pullback may be a healthy correction, especially after extended gains and heavy leverage in the market.

If inflation data looks better than expected and macro risk softens, there could be a rebound.

On the flip side, if the dollar continues to strengthen or if Fed signals remain hawkish, prices may test those lower supports.

🗣 Your Turn

What are you watching right now?

Are you holding through this pullback or exiting to re-enter later?

Which support (BTC’s ~$107K, ETH’s ~$4,000) do you believe gets tested first?

Let’s get the debate going 👇