16 Oct 2025
Bitcoin is currently exhibiting a short-term bullish divergence, yet increasing liquidity below its price acts as a significant warning signal for its future movement. Concurrently, altcoins like Solana are bouncing from crucial support areas, while XRP continues to hold an important support level.
Bitcoin shows a short-term bullish divergence, but increasing liquidity just below its current price presents a warning signal for upcoming movements.
The super trend indicator remains green, indicating a larger bull market, but a massive bearish divergence on the weekly chart, active since July, suggests a multi-month pullback or larger setback is currently unfolding within this overarching bull market.
The 3-day Bitcoin MACD currently shows some bearish momentum, though it has not yet reached a significant level.
Important support for Bitcoin is located around 106.7K to 107.6K. A confirmed break below 107K would form a new lower low, signaling bearish price structure. Resistance levels are anticipated at 110.5K, then 113K-114K, with major resistance at 117K.
A new bullish divergence is active on the 4-hour chart, characterized by lower lows in price coinciding with higher lows in the RSI. This divergence often leads to short-term stabilization or choppy sideways price action rather than a massive bullish trend reversal, a pattern observed and expected to continue for another day or two after volatile price movements.
Significant liquidity is accumulating below Bitcoin's price, specifically between 108.1K and 108.5K. Historically, Bitcoin's price often moves towards areas of high liquidity, suggesting a likely dip in the coming days to capture this liquidity.
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A short-term bullish divergence remains active on the 3-day Bitcoin dominance chart, suggesting a relief in dominance after a significant drop. This implies that many altcoins are likely to underperform Bitcoin over the next one to two weeks, preventing a major altcoin season.
Ethereum is currently encountering a crucial support area between 3.9K and 4.1K, with significant resistance located at 4.8K to 4.9K. A confirmed candle close below 3.9K would be a negative development, potentially leading to a drop towards 3.4K or lower.
Resistance for Ethereum sits between 4060 and 4.1K, a level that previously acted as support. A break and hold above 4.1K would be bullish in the short term, targeting 4.2K-4250. Short-term price stabilization is expected, influenced by Bitcoin's price movements.
Solana is perfectly bouncing from a critical support area between 190 and 200, which is essential for the price to hold. Expected resistance levels are around 215-216 and major resistance at 230.
Although a bearish divergence on the 12-hour chart is technically active, Solana's 12-hour RSI previously hit oversold levels, prompting an expected short-term bounce or relief to reset the indicator. This relief is likely to continue without necessarily gaining significant upward momentum.
A massive bearish divergence on the weekly time frame continues to influence XRP's price on larger time scales.
XRP is moving within a sideways range, respecting support between $2.70-$2.80 and resistance between $3.10-$3.15, with additional resistance at $3.30-$3.35. A short-term bounce or slight relief is expected, mirroring other altcoins.
Chainlink is within a larger bearish price structure, characterized by lower highs and lower lows. A crucial Fibonacci level at $22 has been broken, now acting as resistance between $22 and $22.30. Strong support and expected bounces occur between $19 and $20.
Similar to Bitcoin and other altcoins, Chainlink is likely to experience a slight bullish relief or choppy sideways price action in the short term, offering a break from bearish action while remaining within the larger bearish price structure.
Educational videos are available to guide traders on how to profit from various market conditions, including bullish, bearish, and choppy sideways price actions, utilizing long or short positions.
Usually, the price of Bitcoin tends to move towards where a lot of liquidity is present, especially if that liquidity is relatively close to the current price.
| asset | overall_trend | immediate_outlook | key_support_range | key_resistance_range |
|---|---|---|---|---|
| Bitcoin | Larger bull market, but weekly bearish divergence suggests multi-month pullback | Short-term bullish divergence, but significant liquidity below 108K signals potential dip for liquidation | 106.7K - 107.6K | 110.5K, 113K-114K, 117K |
| Ethereum | Testing crucial support; break below 3.9K could lead to 3.4K | Expected short-term stabilization; a move above 4.1K targets 4.2K-4250 | 3.9K - 4.1K | 4060 - 4.1K, 4.8K-4.9K |
| Solana | Bouncing from crucial support (190-200), which must hold | Short-term relief expected due to oversold RSI, but not necessarily major bullish momentum | 190 - 200 | 215-216, 230 |
| XRP | Under influence of weekly bearish divergence; maintaining a sideways range | Expected slight relief/bounce within its established range | $2.70 - $2.80 | $3.10 - $3.15, $3.30 - $3.35 |
| Chainlink | Operating within a larger bearish price structure (lower highs and lows) | Expected slight relief/bounce, but still within bearish context | $19 - $20 | $22 - $22.30 |
| Bitcoin Dominance | Short-term bullish divergence active | Altcoins are expected to underperform Bitcoin on average for the next 1-2 weeks | N/A | N/A |
