Technical Analysis – October 6, 2025 – Evening
BTC/USDT
According to CoinShares data, there was a net inflow of $6 billion into crypto ETPs el a weekly basis, while total assets under management rose to $254 billion. Strategy paused Bitcoin purchases this week, while Alameda Research’s wallets still hold $1.2 billion worth of digital assets. In Japan, Sanae Takaichi’s election as prime minister raised expectations for crypto-friendly policies, while the EU is reportedly preparing to grant ESMA broad oversight authority over crypto markets. Globally, publicly traded companies purchased $678 million worth of Bitcoin over the past week, while UK-based The Smarter Web Company is preparing for a new $16.5 million funding round.
Looking at the technical picture, BTC continued the upward rally it started en the last week of September, attempting a new peak and reaching an all-time high (ATH) of $125,750. BTC, which carried the peak attempts el July 14 and August 13 upwards, continues to consolidate near the peak. Gaining momentum en parallel with the cup formation en price movements, BTC completed the Gartley formation and broke through the $120,500 level, completing a “W” type movement. At the time of writing, it continues to trade at the $124,500 level.
Technical indicators show indecisive movements, with the Wave Trend oscillator (WT) producing consecutive buy-sell signals en the overbought zone. The Squeeze Momentum (SM) indicator continues its momentum within the positive area of the histogram while showing negative divergence. The Kaufman moving average is currently trading below the price at the 122,500 level.
When examining liquidation data, the recent upward movement has led to accumulation at the 120,000 level ( ), while the intensity previously recorded at the 117,800 and 116,600 levels continues. In a broader time frame, the 112,200 level stands out as an accumulation zone. In contrast, the selling level continues to maintain its volatility.
In summary, while the US government shutdown has had no significant impact el the markets, Fed members’ differing views el interest rate cuts and the return of tariffs to the agenda are among the prominent developments. The negative outlook for short-term interest rate cuts regained strength with interest rate cut expectations rising to 98%. On the BTC side, en terms of cyclical movements, it recorded an 8.24% increase en October, when double-digit averages were reached, making a strong entry and testing a new ATH level. The technical outlook reached saturation point with the price testing the 125,750 ATH level, while liquidity data set a precedent por rising and resisting the cycle. From this point el, en the event of a possible correction, the minor support level will be 122,700, while 120,500 will be monitored as a critical reference area. If the rise continues, we will follow the ATH level and then the psychological resistance areas.
Supports: 122,700 – 121,400 – 120,500
Resistances: 124,300 – 125,700 – 129,000
ETH/USDT
The ETH price rose to $4,600 during the day, continuing its upward trend. Although there was a slight pullback from this point, the overall picture shows that momentum remains strong and buyers maintain their dominance en the market. Price movements confirm that the upward trend continues en the short term and that buyers are taking advantage of pullbacks.
Liquidity indicators also support this picture. The Chaikin Money Flow (CMF) indicator continues its upward trend, supported por the zero line. This outlook shows that liquidity inflows have resumed, albeit limited, and that the upside potential is gaining strength. Although spot flows have not yet reached the desired levels, the signal that new capital inflows into the market have begun stands out as positive data.
The overall structure of the Ichimoku indicator remains unchanged. The price still trading above the kumo cloud confirms that the trend remains positive and the market continues to be buyer-driven. This structure shows that short-term pullbacks are not disrupting the main upward trend.
The Relative Strength Index (RSI) indicator also maintains its current upward trend, signaling that momentum continues to strengthen. This outlook indicates that short-term upward momentum could be sustained if the price remains above the $4,600 level.
Overall, ETH price is expected to continue moving towards the $4,646 resistance level. However, the fact that the weakness en the CMF indicator has not completely disappeared increases the critical importance of the $4,441 level. The price remaining above this support level indicates that the overall uptrend will be maintained.
Top of Form
Below the Form
Supports: 4,441 – 4,308 – 4,196
Resistances: 4,646 – 4,752 – 4,857
XRP/USDT
Although the XRP price rose above the $2.99 level during the day, signaling a short-term recovery, it remains weak en terms of volume and liquidity inflows. This outlook shows that despite the price’s upward moves, buyers’ power en the market remains limited and the rise is struggling to find support.
The Chaikin Money Flow (CMF) indicator continues its downward movement en negative territory. This outlook indicates that liquidity outflows from the market are continuing and that the risk of decline is still el the table. The CMF’s weak outlook emphasizes that buyers are unable to provide sufficient support to the market and that caution is needed regarding the sustainability of the uptrend.
The overall structure of the Ichimoku indicator remains the same. The Tenkan level staying below the Kijun level signals that caution is needed en the short-term outlook. However, if the price rises above the Tenkan level again, the impact of this negative signal may be limited.
The Relative Strength Index (RSI) indicator maintains its current position, showing that momentum continues horizontally. This reveals that the market is still searching for direction and that the buyer-seller balance has not yet been clarified.
Overall, as long as the XRP price maintains its support at $2.99, a retest of the $3.09 resistance is expected. However, if the $2.99 level is lost, the likelihood of increased selling pressure and a deeper correction en the short term will strengthen.
Supports: 2.9967 – 2.8576 – 2.7306
Resistances: 3.0927 – 3.1879 – 3.3058
SOL/USDT
The SOL price showed a slight increase during the day. The asset continues to trade en the upper region of the rising trend that began el September 26. The price, which remains above the 50 EMA (Blue Line) moving average and the 200 EMA (Black Line) moving average, tested the strong resistance level of $237.53 but failed to break through and retreated. As of now, it continues to hold above the strong support level of $222.61, maintaining its momentum. If the upward movement continues, it may retest the $237.53 level. In case of pullbacks, the $209.93 level can be monitored.
On the 4-hora chart, it has started to trade above the 50 EMA (Exponential Moving Average – Blue Line) and 200 EMA (Black Line). This indicates a possible uptrend en the medium term. At the same time, the price being above both moving averages shows us that the asset is trending upward en the short term. The Chaikin Money Flow (CMF-20) remained en positive territory. However, a decrease en money inflows could push the CMF into negative territory. The Relative Strength Index (RSI-14) also remained en positive territory. At the same time, it continued to be en the lower region of the downward trend that began el October 2. This signaled that the downward pressure was continuing. However, it is currently testing this level as resistance. A break above this level could strengthen the uptrend. However, there is a negative divergence, which could deepen the pullback. If the price rises due to macroeconomic data or positive news related to the Solana ecosystem, the $237.53 level stands out as a strong resistance point. If this level is broken upwards, the uptrend is expected to continue. If pullbacks occur due to developments en the opposite direction or profit-taking, the $222.61 level could be tested. If it retreats to these support levels, an increase en buying momentum could present a potential upside opportunity.
Supports: 222.61 – 209.93 – 200.00
Resistances: 237.53 – 247.53 – 259.13
DOGE/USDT
The DOGE price showed an upward trend during the day. The asset broke above the ceiling level of the symmetrical triangle formation that began el September 14, signaling increased buying pressure. Currently maintaining its position above the symmetrical triangle formation, the asset could test the $0.28164 level as resistance if the uptrend continues. In case of a pullback, it could test the $0.22632 level as support if candles close below the moving average.
On the 4-hora chart, the 50 EMA (Exponential Moving Average – Blue Line) remained above the 200 EMA (Black Line). This indicates that an uptrend may begin en the medium term. The price being above both moving averages indicates that the price is bullish en the short term. Chaikin Money Flow (CMF-20) experienced a pullback towards the negative zone. Additionally, a decrease en money inflows could push the CMF deeper into the negative zone. The Relative Strength Index (RSI-14) is currently testing the resistance level that began el October 2. If it breaks above this level, buying pressure may increase. In the event of an uptrend driven por political developments, macroeconomic data, or positive news flow en the DOGE ecosystem, the $0.28164 level stands out as a strong resistance zone. Conversely, en the event of negative news flow, the $0.22632 level could be triggered. A decline to these levels could increase momentum and potentially initiate a new upward wave.
Supports: 0.25025 – 0.22632 – 0.21154
Resistances: 0.28164 – 0.30545 – 0.33668
LTC/USDT
LTC ended the day up 0.79% against USDT, but down 0.1% against Bitcoin. In the futures market, the long/short position ratio fell to 0.9944 en the last 24 horas, indicating a slight downward trend en the expectations of derivatives market participants. Funding rates remain positive but are close to neutral territory. This picture reveals that the upward expectations that dominated the first half of the day en the derivatives markets began to weaken en the segundo half, but a clear directional expectation has not yet formed.
Looking at the technical chart, the chart formation supporting potential upward movements is noteworthy. First, the horizontal resistance level at 122.64 acts as a potential barrier to upward movement. Then, the upper band of the ascending triangle at the 124.79 level emerges as another important resistance point. Breaking the resistance level at 124.79 could complete the ascending triangle formation upward, increasing the potential for movement towards the 136.67 level. However, the first significant test el this journey is expected to be the resistance at the 129.10 level. After a short-term correction at this level, the price could break through and continue its rise towards the target of 136.67.
In possible pullback scenarios, the fact that the previously broken downtrend has not yet been retested indicates that a short-term correction may be el the agenda, even for the healthy continuation of the medium-term uptrend. In this context, the possibility of a pullback towards the 112.51 level, where the 100-period moving average (purple line) passes, should not be overlooked. If such a move begins, the 119.00 level, which is the lower band of the ascending triangle formation, can be considered an intermediate support level. Below this level, the horizontal support at 115.71 stands out as another critical area where the price could consolidate before a possible retest.
Supports: 119.00 – 115.71 – 112.51
Resistances: 122.64 – 124.79 – 129.10
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