Bitcoin is trading within a well-defined resistance zone that analyst Gareth Soloway has been tracking since the market’s October 2025 lows. The zone runs from $80,000 at the low end to approximately $85,000 to $86,000 at the high end, with multiple historical pivot points creating a solid resistance footprint across that range.
Soloway said Bitcoin could push toward $86,000 within the current structure, but stopped short of calling it a breakout. “All it takes is a catalyst,” he said. “The NASDAQ starts to fall for a few days in a row and before you know it Bitcoin is under $80,000, then under $75,000, and momentum takes over.”
For a bullish shift, Soloway said he needs to see Bitcoin clear $98,000. That level, if broken, would open a path back toward the trend line that marked the 2025 bull market top and signal a potential new all-time high attempt. Until then, he described the current move as digestion rather than a confirmed reversal.
One concern he flagged is that Bitcoin is still not trading as a risk-off asset. With the NASDAQ and S&P 500 at all-time highs, Bitcoin remains roughly 40% below its own peak.
Ethereum: Holding $2,100 Is Everything
Ethereum has lagged while other altcoins have posted larger moves, which Soloway described as disconcerting. His near-term target remains $2,700, but the more important level is $2,100 on the downside.
A series of pivot lows have formed a clear support line at that level. As long as Ethereum holds $2,100, Soloway said he maintains a neutral to bullish stance. A break below it would signal the current choppy range is resolving to the downside, removing the near-term recovery case entirely.
XRP: Two Levels Define the Next Move
XRP is pressing against resistance at $1.47 to $1.48. A clean break above that zone opens upside toward $1.70 to $1.80, a move from current levels that Soloway said is worth monitoring actively.
The downside level to watch is $1.38. A break below that support removes the immediate bullish setup and could trigger a move lower. As with Bitcoin and Ethereum, the chart is giving clear levels to follow in both directions.
Was this writing helpful?
Story Ends Here
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Read the Next News
