- Bitcoin recently dropped from its 2025 highs (~ 126,000) to a low near *80,000–82,000*, a sharp 31 - That drop hit what many believe is a “capitulation zone,” where short‑term holders realized losses. The current Short-Term Holder SOPR recently dipped to 0.94 — a signal that previous buyers are selling at a loss. Historically, such levels have often marked *local bottoms*.
- Analysts say the price zone around *84,000–86,000* is a *key support area*. Holding that zone now could be crucial to avoiding deeper declines.
- On the flip side: short‑term chart indicators (moving averages on daily / 4‑hour) remain bearish, suggesting BTC could dip further if support breaks.
- Some see potential: if BTC recovers above88,500–$90,000 — perhaps triggered by renewed institutional demand or macro shifts — a rebound rally might be possible.
Ethereum (ETH) - Ethereum’s upcoming major upgrade, Fusaka, is scheduled for *December*, and expected to boost scalability and reduce fees. [6] - ETH is holding a key support zone around *2,800‑2,950 USD*. Breaking below this could indicate further downside. [7] - Institutional accumulation is strong: For example, one company holds around 3.5 million ETH (~12 billion value) and sees current prices as a buying opportunity ahead of a “supercycle”.
*Upgrade & protocol changes*: ETH’s Fusaka upgrade could act as a catalyst if smooth; for BTC, the node‑software changes may have technical but less immediate price impact.
*Institutional flows*: Both BTC and ETH are impacted by large holders and institutional sentiment. #etheriumbreakout #EtheriumETF
$BTC latest updates Price Correction: Bitcoin has logged its weakest month since the 2022 crypto meltdown. It fell nearly 30% from its October peak of over $126,000, briefly hitting a seven-month low and trading near the $80,000–$90,000 range. This correction erased all of its 2025 gains.
Technical Indicators: Analysts noted the appearance of a "Death Cross" pattern, which is typically a bearish indicator.
Market Flow: The sell-off was intensified by ETF outflows and significant profit-taking from institutional and long-term holders. However, some data suggests that "whales" (wallets holding over 1,000 BTC) have increased accumulation as the price dropped, hinting at dip-buying.
Key Levels: Analysts are watching the $82,000 level as critical support, with a break below potentially leading to further downside towards $78,000. Reclaiming the $90,000 mark is seen as necessary for a short-term bounce