Is the bull market over?

Is The Bull Market Over?


Key Points:-

Bitcoin has failed to hold above $90,000, indicating a significant lack of demand.

Many major altcoins started to recover, but higher levels attracted strong selling pressure from the bears.

Bitcoin (BTC) bulls pushed the price above $90,000 on Wednesday, but higher levels attracted bear selling. Spot BTC turnover this week recorded a $634.8 million withdrawal, according to data from Farside Investors, indicating a cautious approach by institutional investors.

Minergate

CryptoQuant Analyst MorenoDV_ said in a recent Quicktake analysis that the True Market Mean (TMM), which represents the cost base of all dormant coins, excluding miners, acts “like a psychological line in the sand.” If the TMM currently breaks through $81,500, BTC could fall significantly, looking for support in the coming months.

Daily View of Crypto Market Data. Source: TradingView

At the other end of the spectrum are Grayscale analysts, who remain optimistic about 2026. In its 2026 outlook report, Grayscale BTC could reach a new all-time high in the first half of next year due to macro tailwinds and better regulatory transparency in the US.

What are the critical support and resistance levels to look out for in BTC and major altcoins? Let's examine the charts of the top 10 cryptocurrencies to find out.

Bitcoin price prediction

Buyers pushed BTC above the high line on Wednesday, but the long wick on the candlestick indicates selling at the high level.

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BTC/USDT Daily Chart. Source: Cointelegraph/TradingView

The bears will try to pull the Bitcoin price below the $84,000 support. If they manage to do that, the BTC/USDT pair can retest the decisive level at $80,600. Buyers are expected to strongly defend the $80,600 to $73,777 zone.

The first sign of strength will be a break and close above the 20-day exponential moving average ($90,037). The pair can climb to $94,589 and then the psychological level of $100,000.

Ether price prediction

Ether (ETH) recovered from the high line on Tuesday, but the recovery stopped at the 20-day EMA ($3,066) on Wednesday.

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ETH/USDT Daily Chart. Source: Cointelegraph/TradingView

The bears are trying to strengthen their position by pulling the price of Ether below the higher line. If they manage to do that, the ETH/USDT pair could drop to $2,716 and then to $2,623.

Buyers have an uphill task ahead of them. Ether price should drive above the $3,350 resistance to indicate a possible trend change in the near term. That opens the doors to $3,659 for a rally and then $3,918.

BNB price prediction

Buyers tried to push BNB (BNB) back above the 20-day EMA ($883), but the bears successfully maintained the level.

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BNB/USDT Daily Chart. Source: Cointelegraph/TradingView

The sellers will try to pull the BNB price below the $840 level and test the critical support at $791. A break below it could sink the BNB/USDT pair to $730, so buyers are expected to defend the $791 level with all their might.

Instead, if the price reverses and breaks above the moving averages, it suggests that the pair may remain in the range between $791 and $1,020 for some time. Buyers will be back in the driver's seat for more than $1,020.

XRP price prediction

XRP (XRP) is sliding towards the support line of the descending channel pattern showing negative sentiment.

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XRP/USDT Daily Chart. Source: Cointelegraph/TradingView

The bulls are expected to mount a strong resistance in the zone between the support line of the channel and $1.61. Any support rally will be sold at the 20-day EMA ($2.03) and then at the 50-day simple moving average ($2.18).

A break below $1.61 will increase if the price of XRP declines from the moving averages. The XRP/USDT pair may drop to the October 10 low of $1.25. On the other hand, a break above the lower line indicates a possible trend reversal.

Solana price forecast

The bulls are trying to protect the support line in Solana (SOL), but the weak curve suggests that the bears will continue to push.

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SOL/USDT Daily Chart. Source: Cointelegraph/TradingView

A downward sloping 20-day EMA ($133) and a Relative Strength Index (RSI) below 39 indicate that the bears are in control. A close below the support line indicates a continuation of the downward movement. The SOL/USDT pair may drop to $110 and then to strong support at $95, with buyers expected to move in.

The Bulls must push and keep Solana's value above the defensive line to dominate. The couple can raise about $172.

Dogecoin price prediction

Dogecoin (DOGE) fell below the $0.13 support on Monday, indicating the resumption of the downtrend.

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DOGE/USDT Daily Chart. Source: Cointelegraph/TradingView

A small benefit for bulls is that the RSI creates a positive divergence. This shows that sales pressure is decreasing. To signal strength, buyers should quickly push and sustain the price of Dogecoin above the 50-day SMA ($0.15). The DOGE/USDT pair may rise to $0.19.

Alternatively, if the price continues lower or falls below $0.14, it suggests that the bears remain in the order. The pair could drop back to the October 10 low of $0.10.

Cardano price prediction

Cardano (ADA) is struggling to break out of the $0.37 support, indicating that the bulls are not buying aggressively.

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ADA/USDT Daily Chart. Source: Cointelegraph/TradingView

Sellers will try to strengthen their position by pulling Cardano's price below $0.37. If they can pull through, the ADA/USDT pair could drop to $0.32 and then to the October 10 low of $0.27.

Any rally is expected to be sold by moving averages. The bulls need to move and hold above the $0.50 breakout level to signal a comeback. The pair could rise to $0.61.

Related: Solana TVL hits six-month low of $8.6B: $80 SOL price next?

Bitcoin Cash price prediction

Bitcoin Cash (BCH) rose above the 50-day SMA ($534) on Tuesday, and the bulls are trying to keep the price above the 20-day EMA ($558) on Wednesday.

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BCH/USDT Daily Chart. Source: Cointelegraph/TradingView

If the price fails to hold above the 20-day EMA, the sellers will try again to pull the BCH/USDT pair below the 50-day SMA. If they succeed, the price of Bitcoin Cash could drop below the $508 support. That suggests range-bound action between $443 and $615 for some more time.

Conversely, if the price closes above the 20-day EMA, it indicates positive sentiment. The bulls will try to push the pair towards the upper resistance at $615.

High Liquidity Price Prediction

Buyers are trying to start a recovery in Hyperliquid (HYPE), but it may face selling near the 20-day EMA ($30.26).

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HYPE/USDT Daily Chart. Source: Cointelegraph/TradingView

If the price breaks below the 20-day EMA, the HYPE/USDT pair may continue its downtrend. The pair may decline to $24 and then to the October 10 low of $20.82.

Contrary to this assumption, if the price breaks above the 20-day EMA, it indicates that the selling pressure is decreasing. The pair may then rise to the $35.50 breakout level, which is an important level to watch out for. If buyers overcome the resistance, it indicates that the downtrend may end.

Chainlink price prediction

Chainlink (LINK) has been trading below the moving averages, raising the possibility of a drop to the $10.94 support.

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LINK/USDT Daily Chart. Source: Cointelegraph/TradingView

Buyers are expected to aggressively defend the $10.94 level, but the rally may face selling at the moving average. If the price declines from the moving averages, the LINK/USDT pair could penetrate the October 10 low of $7.90.

Contrary to this assumption, if the price of Chainlink changes from the current level or support at $10.94 and breaks above $15, it will indicate lower levels of demand. The couple can raise about $16.80.

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