Key Points:

• Bitcoin dropped below the $100,000 support level on Sunday, with its recovery likely influenced by the opening of US stock futures.

• The weakness in Bitcoin has led to declines in several major altcoins, including ETH, XRP, and SOL, which also fell below their support levels.

Bitcoin attracted attention after falling under the psychological barrier of $100,000, especially as traders reacted to US strikes on Iran’s nuclear facility. Cas Abbe, a well-known trader, suggested that Bitcoin might decline to the $93,000-$94,000 range before a potential turnaround.

The struggles of Bitcoin appear to be impacting other significant altcoins that have also breached their support levels. This indicates heightened trader anxiety, with many choosing to mitigate risk.

On a positive note, some analysts maintain a long-term bullish outlook for Bitcoin. Raoul Pal, the CEO of Real Vision, emphasized in a recent video that the current crypto cycle mirrors trends from 2017, predicting expansion in the crypto market around the second quarter of 2026.

Will Bitcoin bulls manage to push prices back over $100,000, or will bearish sentiment prevail? It’s worth observing and analyzing the charts for insights.

Bitcoin Price Forecast

Bitcoin recently fell below its 50-day simple moving average ($104,788) on Friday and the $100,000 support this past Sunday.

This moving average is signaling a bearish crossover crisis, and the relative strength index (RSI) is currently reflecting negative momentum, suggesting bears are in control. If Bitcoin remains under $100,000, selling pressure will likely intensify; near the $93,000 mark could be a significant point of concern for traders.

For any recovery, buyers must prevent short-term losses at prices above the 20-day index moving average ($104,616). If successful, Bitcoin may rise to challenge its downtrend line, which represents a tough obstacle for bulls.

Currently, the pair has formed a bearish descending triangle near the $100,700 level, which points to a downside target of $89,420. Still, bulls are often resilient.

They are attempting to instigate a relief rally, although selling pressure can arise near the $100,700 mark along with the 20-day EMA. A decline below overhead resistance could further compound corrections.

Bulls need to push prices above the 50-SMA for a meaningful recovery to take root.

Ether Price Prediction

Ether (ETH) saw a drop from the 20-day EMA ($2,487) and slipped below the 50-day SMA ($2,481) on Friday.

Sales continued into Saturday, with the price going under the $2,323 support. Despite attempts by buyers to reclaim the $2,323 level, bear selling pressure pulled the price closer to the $2,111 support. If bears successfully break below that, the price could plummet to $1,754.

However, if the price rebounds from the $2,111 mark, bulls will need to push back over the 20-day EMA, signaling a possible end to the short-term correction.

While $2,111 may serve as a support level, any rebound could face significant selling at the $2,323 breakdown level. If prices fall sharply from there, bears may push the pair back to below $2,111.

If bulls can maintain the $2,111 support, the price might settle into a range, oscillating between $2,111 and $2,323 for an extended period. Near the 50-SMA, selling pressure could ease.

XRP Price Forecast

XRP (XRP) recently showed downward movement in the $2-$2.65 range, suggesting increasing selling pressure from bears.

If the price drops below $2, the pair could head towards the $1.61 support. Buyers are expected to maintain defense at $1.61, as falling below could lead to a decline to $1.28.

Bulls need to quickly push prices back above the $2 breakdown level to avoid further losses. Successfully doing so could lead to a rise towards a moving average, with the bear remaining a challenge.

Despite the bulls attempting to bounce back around the $2 support, bears are actively selling near the 20-EMA on the 4-hour chart. The price fell under $2 support, indicating an oversold scenario that could enable a short-term bounce.

One benefit for bulls is that bears might sell their recovery attempts, especially when prices exceed $2 at the 20-EMA. As prices drop significantly from overhead resistance, the likelihood of further downside increases. If they manage to break above the 50-SMA, it may signal waning sells.

Solana Price Forecast

Solana (SOL) completed a bearish head and shoulders pattern as it slipped below the $140 support on Saturday.

Bulls are attempting to start a recovery, but they might encounter resistance at the 20-day EMA ($148). A drop from there could lead to a fall to $110 support or potentially even $93.

On the flip side, if Solana can break and close above the 20-day EMA, it may indicate solid lower-level demand, possibly allowing a rise to the 50-day SMA ($160), which would act as a formidable barrier.

The prevailing downtrend suggests that bears are currently in control, while the RSI levels indicate the potential for a brief relief rally soon. Fresh attempts to recover could face selling pressures around the $140 breakdown mark, making it critical for buyers to maintain prices above the 50-SMA for any sign of a comeback.

High Lipid Price Forecast

Repeated failures to sustain prices above $42.50 indicate a rush for profits, prompting a sharp correction in high lipid assets.

Bulls were unable to maintain a 50-day SMA ($32.26) recently, which raises the likelihood for a drop below this level. The Hype/USDT pair could fall towards the $28.50 breakout level.

Yet, buyers may have a plan in place—striving to defend their position at the 50-day SMA and moving prices above the 20-day EMA. If they manage this, a rally to $40 could be feasible.

The average movements suggest a tilt, with the RSI still indicating negative territory on the 4-hour chart. Pullbacks towards the 20-EMA may face selling pressure. There’s minor support at $30.50, yet it is at risk of breaking, leading to potential declines to robust support at $28.50.

A break and closure above the 20-EMA would be the first real sign of strength, indicating bears might be losing their hold. If that happens, the pair could aim for the 50-SMA again, but sellers might re-emerge.

This article does not serve as investment advice or recommendations. All investment movements involve a level of risk, and readers should conduct their own research before making decisions.