Key takeaways:
– Bitcoin slipping below $66,000 raises the chance of a pullback toward $62,500.
– Several major altcoins have broken near-term supports, leaving room for further falls.
Market summary
Bitcoin is under renewed selling pressure as sellers try to keep price beneath $66,000. Geopolitical uncertainty tied to the US and the Israel–Iran situation is restraining upside momentum, while US spot Bitcoin ETFs recorded about $171 million in outflows on Thursday — the largest single-day exit since $348 million on March 3, according to Farside Investors. Despite intermittent sell-offs, buyers have defended the $60,000 area since Feb. 6.
On-chain data show mixed signals. Glassnode highlights a sharp contraction in entity-adjusted realized profit, down from roughly $3 billion per day in July 2025 to about $0.1 billion recently, which could indicate the later stages of a bear market. Santiment notes that large BTC holders (addresses holding 10–10,000 BTC) increased their positions by roughly 0.45% over the past month, a historically bullish accumulation pattern.
Bitcoin outlook
Buyers were unable to sustain Bitcoin above $72,000, and sellers pushed the price below the ascending-triangle support line on Friday. A daily close beneath that trend line would invalidate the bullish pattern and could accelerate selling into the $62,500–$60,000 area. Conversely, a sharp rebound that breaks and holds above $72,000 would signal renewed buying interest, opening upside targets at about $74,508 and then toward $84,000.
Ether (ETH)
ETH slipped below its breakout threshold near $2,111 and fell under the 50-day simple moving average around $2,044, suggesting bears have regrouped. A drop to $1,900 is likely to attract buyers; failure to hold there could push ETH toward $1,750. The bias would shift back to bullish if ETH climbs above $2,200, which would improve the odds of a run past $2,400.
BNB (BNB)
BNB has been trading in a range between roughly $570 and $687, with buyers defending the lower boundary and sellers capping rallies near resistance. Immediate support sits near $607; a break below that could send BNB down to $570. A decisive close under $570 would open the path to $500, while a move above $687 could target about $790.
XRP (XRP)
XRP turned lower from the moving averages and looks set to revisit support around $1.32 and then $1.27, where buying interest may strengthen. A daily close back above the moving averages would be the first indication of renewed strength, with potential targets at $1.61 and the descending trend line beyond that.
Solana (SOL)
SOL failed to clear resistance near $95 and dropped below the 50-day SMA, roughly $86, implying bulls have ceded short-term control. The token is likely to oscillate in a $76–$95 range until one side breaks decisively. A push above $95 would aim for $117, while a close under $76 could send SOL toward $67.
Dogecoin (DOGE)
DOGE briefly climbed above the moving averages but reversed and slid beneath the key $0.09 support. Sustained trading below $0.09 would open the route to $0.06. Buyers will try to defend $0.09 and regain the moving averages, which could lift DOGE back to $0.10 and then $0.12 if successful.
Hyperliquid (HYPE)
HYPE pulled back from $41.59 and is likely to find support between the 20-day EMA, around $37.64, and the breakout level at $36.77. A rebound from $36.77 would suggest an attempt to flip that level to support and could lead to a move above $43.77 toward $50. A break under $36.77 would target the 50-day SMA near $33.34.
Cardano (ADA)
ADA briefly traded above the 50-day SMA near $0.27 but failed to hold gains and turned sharply lower. Strong support is at $0.25; a break below that could push ADA to about $0.22. A convincing rebound from $0.25 and a daily close above the moving averages would reopen the path to the descending trend line.
Bitcoin Cash (BCH)
BCH slipped under the 20-day EMA, near $468, with $443 serving as the next key support. A daily close below $443 would complete a bearish head-and-shoulders formation and could target $375. A recovery from $443 could confine BCH to a range between $443 and the 50-day SMA around $491; reclaiming the 50-day SMA would point toward a move to about $520.
Chainlink (LINK)
LINK’s advance stalled at $9.50 and prices tumbled, breaking the ascending-channel support. A daily close beneath the channel could send LINK to $8.05 and then $7.15. Buyers will seek to keep price inside the channel and push above $9.50; success there would likely propel the pair toward the channel’s resistance.
Risk reminder
This rewrite is for informational purposes only and is not investment advice. Trading and investing involve risk; readers should perform their own research and consider their risk tolerance before making decisions. Market conditions can change rapidly, and past performance is not a guarantee of future results.