Key points:
– Bitcoin faces selling on minor rallies, signaling negative sentiment.
– Several altcoins have reversed at overhead resistance, showing bears active at higher levels.
Bitcoin continues to see selling pressure on rallies as bears try to push the price below $66,000, though some analysts view the downside as limited. Analyst Willy Woo posted that selling may be exhausted and BTC could enter a consolidation phase, with rebounds likely rejected in the mid-$70,000s. Woo expects the bearish phase to end in Q4 and bullish momentum to resume in Q1–Q2 2027. Supporting the bulls, Bitcoin ETFs have attracted investor inflows, recording about $1.01 billion since Tuesday, according to SoSoValue.
Analysts also expect Ether to stay sideways for some time. Swyftx lead analyst Pav Hundal said ETH may remain subdued over the next few weeks and could test even experienced investors in the medium term.
Could Bitcoin and select major altcoins hold their support levels? Below is a technical look at the top 10 cryptocurrencies.
Bitcoin price outlook
BTC’s relief rally is encountering resistance at the 20-day EMA (~$68,895), reflecting negative sentiment. The BTC/USDT pair has formed a symmetrical triangle, typically a continuation pattern. A break below the triangle’s support line would endanger $60,000 and could send BTC toward $52,500. The first sign of strength would be a daily close above the triangle’s resistance, which could push the price to the breakdown level near $74,508. A sustained close above $74,508 would suggest a bottom may already be in place near $60,000.
Ether price outlook
Buyers briefly pushed ETH above $2,111 but could not sustain the breakout. The sharp turn down from $2,111 shows bears defending that level, suggesting ETH may remain range-bound between $1,750 and $2,111. The next trending move should begin with a daily close above $2,111 or below $1,750. A break under $1,750 would target $1,537, while a decisive close above $2,111 could send ETH toward the 50-day SMA (~$2,494).
XRP price outlook
XRP is trading between the 20-day EMA (~$1.44) and the support line of a descending channel. Sellers will try to push XRP below channel support but may find strong bull defense. A solid bounce from support could allow bulls to attempt a move above the 20-day EMA, targeting the 50-day SMA (~$1.67) and the channel’s downtrend line. Conversely, a break and close below channel support risks testing the Feb. 6 low at $1.11 and possibly the psychological $1 mark.
BNB price outlook
Sellers are trying to cap BNB’s recovery at the 20-day EMA (~$638), but bulls remain persistent. A breakout above the 20-day EMA could send BNB to $669 and then toward the key level at $730. The bullish case would be invalidated if BNB turns sharply lower from the 20-day EMA and breaks below $570, which would likely resume the downtrend toward $500.
Solana price outlook
Solana briefly rose above the 20-day EMA (~$86) before bears halted the recovery around $95. Sellers have since pushed the price back below the 20-day EMA, opening the path to $75. A strong rebound from $75 would indicate bulls attempting to form a higher low, potentially keeping SOL in a $75–$95 consolidation. A daily close below $75 would confirm bear control and could send SOL down to the Feb. 6 low near $67.
Dogecoin price outlook
Dogecoin climbed above the 20-day EMA (~$0.10) but bulls could not hold gains. Sellers may target $0.09; a break there could retest the Feb. 6 low at $0.08. A firm rebound from $0.08 would suggest range formation, with DOGE oscillating between $0.08 and $0.12. Bulls regain control only after a sustained break above $0.12, which could open the way to $0.16.
Bitcoin Cash price outlook
Buyers pushed Bitcoin Cash above $500 but wicks on the candles show selling at higher levels. Sellers will try to drive BCH down to $443, a crucial support. A close below $443 would complete a bearish head-and-shoulders pattern and could start a move toward $380. To avert that outcome, buyers need to push and hold price above the moving averages; that could allow a rally toward $580.
Hyperliquid price outlook
HYPE has traded in a wide range between $20.82 and $36.77 recently. Flattening moving averages and an RSI near midline give no clear edge to bulls or bears. Sustained trading above the 20-day EMA (~$29.07) could lift HYPE to $32.50 and then challenge $36.77. On the downside, a break below $25.62 would clear the way to $20.82. A decisive break above $36.77 or below $20.82 would likely start the next trending move.
Cardano price outlook
ADA cleared the 20-day EMA (~$0.28) but stalled at the 50-day SMA (~$0.31). Bulls are attempting to arrest pullbacks at the 20-day EMA; a rebound from that level would let buyers try again to break the downtrend line and could target $0.44, implying a potential short-term trend change. If ADA breaks and closes below the 20-day EMA, bears will remain active and the pair may stay inside the descending channel.
Chainlink price outlook
LINK rose above the 20-day EMA (~$9) but bulls are struggling to sustain higher levels. Sellers will try to pull LINK toward solid support at $8; a close below $8 could send it to the Feb. 6 low of $7.15. The bearish case would be invalidated if LINK turns up and closes back above the 20-day EMA, in which case bulls may aim for the $10.94–$11.61 resistance zone.
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