$BTC ⚡ Bears Tighten Their Grip — Three Major Cryptos Flash Warning Signs of Deeper Losses
Bitcoin slid back under $100,000 on Friday after a steady decline of more than 5% this week. Ethereum dropped over 10%, and XRP slipped beneath a key daily support level — all signaling that bearish momentum is gaining strength across the market.
Bitcoin (BTC)
After getting rejected at its trendline earlier in the week, BTC has continued to weaken. On Monday, Bitcoin failed to break past the 38.20% Fibonacci retracement at $106,453 (measured from the April 7 low at $74,508 to the October 6 ATH at $126,299). By Thursday, BTC had already lost about 6%, and by Friday it was hovering near $99,300.
If BTC loses the support zone near $97,460, the next downside target lies around $95,000.
Ethereum (ETH)
ETH attempted a recovery earlier in the week but quickly reversed after being rejected at the broken trendline near $3,592. The rejection triggered a sharp 10% decline over the following three days. By Friday, Ethereum was trading around $3,200.
A breakdown below $3,170 could send ETH toward its next major support around $3,017.
However, if momentum flips, ETH could attempt another move back toward the 38.20% Fib level at $3,592.
XRP (XRP)
XRP managed a 6.75% bounce on Monday, retesting the 50-day EMA at $2.53. But after failing to clear that resistance, the token surrendered those gains, breaking below the key daily support at $2.35 on Thursday. By Friday, XRP was trading around $2.30.
If sellers stay in control, XRP could slide toward the next support at $1.96.
On the upside, any recovery attempt may push XRP back toward the 50-day EMA near $2.53.
The broader crypto landscape remains under bearish pressure, with BTC, ETH, and XRP all signaling potential continuation to the downside unless key levels reclaim momentum.
