⚠️ Crypto Market Correction: Where to Look for a Bottom in $BTC and Where Are Volumes Shifting?
The market is heading into Friday, October 23, in the “red zone.” According to analytical reports, Bitcoin is testing a key support block at $80,000–$81,000 after retesting resistance at $85,000.
Key drivers today: 1️⃣ Geopolitics and oil: Rising tensions are weighing on risk assets and eroding macroeconomic optimism.
2️⃣ ETF outflows: Short-term investors are taking profits.
3️⃣ Rotation into AI: Despite a local downturn, AI-sector tokens (including $TAO ) remain among the top performers.
💡 What should traders do? Watch BTC’s reaction at $80,000. If the level holds, a rebound may be forming (Double Bottom).
Our trading setup: Long
Entry Zone: 81,100–81,400 (based on a test of the local Order Block and the area of interest in the discount market on the 15m/1h timeframes).
TP1: 82,500 (sweep of intermediate liquidity / EQH) TP2: 84,000–84,500 (test of the upper boundary of the resistance zone and the premium range)
SL: 80,750 (a break below this level would invalidate the local recovery structure and cancel the bullish scenario, with potential downside toward the 79,500 zone).
As of October 23, 2026, the cryptocurrency market is under pressure from escalating geopolitical factors (reports about the situation in the Middle East and rising oil prices) and profit-taking following Bitcoin’s failed attempt to break through the $84,800–$85,000 levels.
Bitcoin ($BTC ) Why it’s trending: It is in the spotlight due to its pullback to the key $80,000–$81,000 support zone. Outflows from BTC ETFs and macroeconomic uncertainty make it the main risk indicator for the entire market.
Solana ($SOL ) — Liquidity Leader Why it’s trending: It is showing resilience and increased volatility in the smart contract platform segment, outperforming key competitors on monthly and quarterly metrics. On Binance Square, the asset is actively discussed in terms of trading at key levels.
Bittensor ($TAO ) — AI & Decentralized Compute Sector Why it’s trending: It is one of the most discussed altcoins on Binance Square and CoinGecko among assets with rising trading volumes. Investors’ attention is shifting toward artificial intelligence projects amid a broader correction in the IT sector and the U.S. stock market.
Over the past week, Ethereum has shown positive momentum, holding near the $2,500 mark.
The network’s fundamentals remain strong: ✅ Growing institutional inflows into ETH products ✅ Active development of L2 solutions ✅ Growing interest in DeFi protocols
Many analysts believe the current price range is a period of accumulation before the next growth phase.
⚠️ Remember to diversify your portfolio and don't enter trades without stop-losses.
Are you holding SOL in your portfolio or waiting for a correction?👇
Our trade setup: (Long)
Entry Zone: 102.50 – 103.80 (retest of the local order block and discount zone after a local impulse).
TP1: 107.50 (taking out intermediate liquidity and 1-hour resistance). TP2: 111.00 (test of the upper boundary of the 4-hour area of interest).
SL: 99.80 (placing the stop-loss below the recent EQL liquidity sweep and the structure low; a move below this price invalidates the bullish scenario on the higher timeframe). #solana #sol #cryptotrading #altcoins
🚀 Crypto Market 2026: BTC, ETH and SOL Analysis for October 22
The digital asset sector is showing strong momentum in the second half of October. Institutional capital continues to flow into ETFs, while altcoins are posting local breakouts above key resistance levels.
1. Bitcoin ($BTC ) Bitcoin has bounced, holding above $84,000. The asset is supported by steady inflows into crypto funds, which have posted record figures for 2026 since the start of the month. The main support level is $82,500, while the nearest resistance is at $87,400.
2. Ethereum ($ETH ) Ethereum is trading in the $2,500–$2,700 range. A recovery in DeFi activity and expectations of ecosystem upgrades are boosting confidence among large holders. Experts note renewed demand for staking, which is reducing the supply of ETH on exchanges.
3. Solana ($SOL ) Solana remains one of the most dynamic assets among the top 10. Having established itself above $108–$115, the token is showing a confident increase in trading volume. The network's high speed and low fees make the SOL ecosystem a key liquidity magnet.
🚀 Worldcoin (WLD) jumps +13.8%: What’s behind the rally?
The WLD token has become one of the day’s most talked-about assets, posting double-digit gains and outperforming most top altcoins.
📌 Catalysts behind the move:
Integration with the banking sector: The project officially announced an expansion of World ID partnerships for biometric verification in fintech and banking apps.
Launch of new tools: The team unveiled updated identification solutions designed specifically to protect against AI bots in the financial sector.
📊 Technical picture:
The breakout was accompanied by a strong spike in trading volume. The nearest resistance zone is the local high, where large players may take profits. Investors should exercise caution and account for volatility risks after rapid rallies. 👇
As the broader market recovers, the DeFi sector has risen by +3.4% over the last 24 hours, while ETH is trading around $2,420–$2,450.
🔍 Price Action & Smart Money Analysis:
1️⃣ Liquidity Sweep & Mitigation: On lower timeframes, a local liquidity sweep of the lows (Sell-side Liquidity Pool) formed. After the Fair Value Gap (FVG) was filled, the price showed a buying reaction.
2️⃣ Point of Interest (POI): The key Bullish Order Block is in the $2,360–$2,390 range. As long as the price holds above this zone, the priority remains a resumption of the bullish structure.
3️⃣ Change of Character (CHoCH): To fully confirm the bullish structure on the 4H timeframe, buyers need to hold above the $2,480 level and close a candle above it.
💡 Summary: Watch spot volumes as the price approaches the $2,480 resistance. The safest time to enter positions is after a break of the local structure (MSB/CHoCH).
$BTC returned to $82,700 amid news from Switzerland!
The crypto market is welcoming October 21 in the green! 🟢 Total market capitalization has reached $2.88 trillion, and the Fear & Greed Index has jumped to 63 (Greed). Bitcoin dominance is holding at 57.8%.
📌 The main driver of the day:
Swiss regulator FINMA has officially approved the first spot Bitcoin ETF from BIT Asset Management (BBIT), available to both institutional and retail investors. Listing on the SIX Swiss Exchange is scheduled for November.
📉 Technical snapshot:
BTC successfully bounced off the $81,000 zone and consolidated above $82,700.
Key resistance: $83,500 – $84,200. Nearest support zone (Demand Zone): $81,200 – $82,000.
🚀 Solana ($SOL ): Record Network Activity and the Alpenglow Upgrade
While the market consolidates, Solana is posting exceptionally strong activity metrics:
📌 What you need to know today:
Record number of transactions: Non-voting transaction volume in Q3 reached 8.92 billion (+104% compared to the end of last year).
RWA & Tokenization: The number of addresses holding tokenized stocks on Solana grew to 1.4 million.
The main event of the week: Tomorrow (October 21), the new Alpenglow consensus mechanism is scheduled to launch on mainnet, aiming to speed up block production and improve scalability.
💡 SOL's price is holding in the $104–$106 zone. Could Alpenglow's launch trigger a rally? 👇
📉 Ethereum ($ETH ): Local Consolidation and RWA Drivers
ETH is trading around $2,380–$2,400. Despite local selling pressure, the fundamental backdrop continues to strengthen thanks to the integration of institutional solutions (JPM Coin’s expansion onto Ethereum).
🔍 Technical Picture (SMC / Price Action):
Demand zone: $2,350–$2,380. A potential Order Block is forming here on the 4H/1D charts.
Liquidity Sweep: Yesterday’s move filled the Fair Value Gap (FVG) and swept local liquidity pools below the lows.
Scenario: To confirm a reversal (CHoCH), buyers need to hold above $2,450. Until then, the market is likely to remain range-bound, with the risk of another test of support levels.
💬 Watch spot trading volumes—they’ll indicate whether reactions in the Points of Interest (POI) zones are genuine.
Bitcoin dominance is above 60%, keeping the market in a defensive phase. After a local correction, the price is stuck in a narrow $81,000–$83,000 range. 🔹 Key focus: Macroeconomic expectations ahead of the U.S. Federal Reserve meeting remain the key driver this week. Institutional investors are in no rush to buy aggressively, but they are also preventing deep sell-offs — positions are being built up steadily.
Which of the three coins will see the biggest gains and become the leader of the week? 👇 Vote in the poll below and share your thoughts in the comments!
The U.S. session has ended, and the market is once again putting everything in its place. While the Fear and Greed Index remains in neutral territory, top assets are engaged in a local battle for key support levels. Let’s take a look at how the day’s top three assets performed:
Why Is Arbitrum (ARB) Leading Among L2 Networks Today? A Complete Breakdown of Its Setup and Fundamentals
The Layer 2 ecosystem continues to compete for liquidity, but Arbitrum (ARB) is firmly holding onto its status as the DeFi sector’s heavyweight champion. As the market searches for new growth catalysts, let’s take a look under the hood at what’s happening with the coin and what to expect from its chart this week. 📉📈 🧬 Fundamentals: New Catalysts and Liquidity
PEPE surges 5% in 24 hours: Is the market switching back to “Risk-On” mode?
Meme coins like PEPE 🐸 have long been more than just a passing local hype—they’re the main barometer of risk appetite across the entire crypto market. When liquidity starts flowing into memes, it’s the first warning sign: traders are ready to take risks for quick gains, and altcoin season gets a second wind. From a Smart Money perspective on the 1-hour timeframe, we’re seeing a classic setup: price clearly swept local liquidity below, taking out the stops of impatient traders, then impulsively moved into the FVG / Order Block zone.
BTC: Week opens above $82,300. Where are we headed ahead of the Fed meeting?
The week closed on a very interesting note, and since the Asian session $BTC has firmly held the $82,300 area. But it’s too early to relax: the US Federal Reserve meeting is coming up, which means volatility will be through the roof this week. 📈 Key technical analysis levels: Resistance:
$84,000–$84,250 . A fresh liquidity pool has formed here. A successful push and hold above this level would open the way to local highs.
The market has paused ahead of the new week, and the key question now is whether buyers can hold onto the initiative. Let’s take a look at the charts (D1 / 4H) and map out the key areas of interest for market makers. 📉 Where are the buyers hiding? The main support lies in the $81,250–$81,300 range, where the 50-day SMA sits. Below that is the rock-solid psychological level of $80,000. A break below this floor could trigger a chain reaction and a cascade of liquidations among overleveraged longs.
Saturday and Sunday traditionally see low trading volumes due to the closure of traditional financial markets and bank clearing systems. Bitcoin continues to be squeezed within a rising wedge/sideways range, holding just above the key psychological support level of $80,000. The lack of aggressive selling over the weekend suggests sellers have exhausted their local momentum, while institutional buyers are taking a wait-and-see approach ahead of the weekly session open.
BTC Daily Recap: Day in Review and Daily Candle Close
🌐 Macroeconomics and On-Chain Context Macroeconomic backdrop: The market continues to digest the latest inflation data (CPI/PPI) released throughout the week. The absence of major negative surprises is allowing Bitcoin to hold within its consolidation range without breaking key daily support levels.
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