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Reading: As the critical test at the $76,000 limit approaches in Bitcoin, an unstable trend prevails in altcoins.
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EdaFace Newsfeed > Latest News > Bitcoin and BTC > As the critical test at the $76,000 limit approaches in Bitcoin, an unstable trend prevails in altcoins.
Bitcoin and BTC

As the critical test at the $76,000 limit approaches in Bitcoin, an unstable trend prevails in altcoins.

vitalclick
Last updated: May 20, 2026 10:45 pm
3 hours ago
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Contents
Prominent levels and investor attitude in BitcoinOutlook and important levels on the altcoin sideHighlights in XRP, Solana, and moreTrend strengthening and weakening: HYPE and ZEC are ahead

While volatility increased again in the cryptocurrency market this week, Bitcoin (BTC)’s decline below the $76,000 level has focused investors’ attention on this critical threshold. Although Bitcoin has risen above the $77,500 level in recent days, the market continues to experience volatility just ahead of resistance points. According to analysts, a close below $76,000 could signal a deeper correction for BTC.

Prominent levels and investor attitude in Bitcoin

According to data shared by Fireside Investors, there was a total net outflow of $979.7 million from spot Bitcoin ETFs this week. This data shows that investors are adopting a more cautious approach in the short term. Analyst Ardi emphasized in his post on the X platform that the $74,000 – $75,000 band will be a very important test for the current bear market. While this range showed strong resistance in the previous period, it became a support area in 2025. If it falls below this band, it is stated that the bottom levels of the bear market may come to the fore again.

“Bitcoin’s retest of the $74,000 to $75,000 region is seen as the most important test for the course of the bear market. If this support is broken, the price may begin a new downward wave.”

Some analyzes state that the $70,700 level should be closely monitored. According to CryptoQuant analyst Sunny Mom’s assessment, if Bitcoin can hold on to this support, it may move sideways in the $70,000-$82,000 range for a while. According to analysts, the $78,500–$82,000 band continues to form a strong resistance. In the bullish scenario, exceeding $84,000 could pave the way for a new rally.

Mini dictionary: Spot Bitcoin ETF is a security product that allows investors to invest in the price of Bitcoin through a traditional exchange, without making direct purchases from the crypto exchange. The outflow of investments reflects the risk perception of institutional investors.

Outlook and important levels on the altcoin side

While Bitcoin continues its course in this critical region, it is observed that the main altcoins are also having difficulty finding direction. While HYPE and Zcash (ZEC) stand out with upward moves, uncertainty prevails in large projects such as Ethereum (ETH), BNB and Cardano (ADA). Although Ethereum lost its ascending channel support last week, the failure of sellers to fully turn this weakness into an opportunity gives hope to bull investors. However, it is stated that a possible move to $1.916 is among the risks. In ETH, $2,465 above stands out as one of the first target levels.

BNB is trying to find support at the 50-day moving average at $629. If the price closes above the 20-day average above $648, a move to the $687 resistance is expected. Otherwise, a horizontal trend may continue in the $570–$687 band. Cardano also continues to hold on to support at $0.25, but above $0.26 and then $0.29 are important resistances.

Highlights in XRP, Solana, and more

Although the price of XRP started the week below the moving average at $1.39, it seems that the bulls managed to maintain the $1.27 support. If the sellers’ activity continues, there may be a retreat to $1.11, but if the buyers gather enough strength, first $1.61, then $2 and $2.40 levels may come to the fore.

Solana (SOL) held above the $82.65 support, but there was no strong upward bounce. The bulls want to capitalize on the reaction from the 20-day moving average at $87.93 for a new upward move. Otherwise, attention is drawn to the risk of falling to $76.

Dogecoin (DOGE) is stuck in the $0.09-$0.12 band. Buyers are seeking support from the 50-day moving average at $0.10 and reaching the 20-day moving average at $0.11. In the short term, $0.09 below and $0.14 and $0.16 levels above are watched as important.

Trend strengthening and weakening: HYPE and ZEC are ahead

Hyperliquid (HYPE), one of the highlights of recent days, accelerated the rise with a close above $45.77. Although it encounters resistance at $51.43, if exceeded, it is possible to reach $59.41 and from there to new highs. Zcash (ZEC) rose on the back of a reaction from the 20-day average at $519, with the $643 level emerging as the next target. Above this level, $750 may be tested.

Bitcoin Cash (BCH) accelerated its decline after losing its support at $419. Following the decline below $375, $348 and even $300 levels pose risks if the sellers continue their influence. Buyers need to push the price above $421 and hold it there to regain strength.

Disclaimer: The information contained in this content is not investment advice. Please note that cryptocurrencies involve high volatility and therefore risk. It is recommended that you make your investment decisions based on your own research and risk assessments. You can review our Trust Center page for detailed information.

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