XRP News Today: Bitcoin Faces Key Level—Will It Trigger a Bear Market or Spark a 2025 Bull Run Revival?

Bitget-RWA2025/11/07 05:48

By:Bitget-RWA

- Bitcoin dips below $108,000, breaking key Fibonacci levels with RSI at 41 and MACD contraction signaling bearish momentum. - Ethereum consolidates near $3,300 after retreating from 100-day EMA, with $3,171 support critical for short-term recovery. - XRP surges 12% post-$500M funding and Mastercard partnership, but faces volatility risks above $2.16 support. - Analysts debate bear market entry vs. 2025 bull cycle reset, citing macro factors like U.S. rates and potential Trump-era policies.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Written by [Author Name]

Bitcoin (BTC) and

Ethereum

(ETH) are under increasing downward pressure as their prices pull back from recent peaks, with both technical signals and market mood suggesting ongoing turbulence.

XRP

, on the other hand, is displaying mixed performance—bouncing back due to institutional news but still at risk of further declines.

Earlier in November, Bitcoin slipped below $108,000, breaching important Fibonacci retracement points and sparking a bearish

trend

, as highlighted in a recent

Bitcoin price outlook

XRP News Today: Bitcoin Faces Key Level—Will It Trigger a Bear Market or Spark a 2025 Bull Run Revival? image 0

The daily chart’s RSI is at 41, indicating fading bullish strength, while the MACD histogram continues to shrink. Experts caution that if Bitcoin closes below $106,453 (the 61.8% retracement), it could fall further toward $102,000.

There is still no consensus on whether

Bitcoin

has officially entered a bear market, as explored in a

Cointelegraph report

. Although dropping below the 365-day moving average has raised concerns, some market watchers believe this is simply a "routine reset" within the ongoing 2025 bull run. Tom Cohen from Algoz Technology points out that a dip under $100,000 would be a major warning sign, though broader economic factors—such as U.S. interest rates and possible policy changes from a Trump administration—could still spark a year-end rally.

Ethereum (ETH) has managed to find short-term support around $3,171, but its recovery remains in question. Based on an

FXStreet forecast

, the altcoin has pulled back from the 100-day EMA at $3,906 and is now consolidating near $3,300. Technical analysis points to a possible brief rebound if

ETH

stays above $3,171, with a target of $3,593. However, falling below this threshold could send ETH down to $3,017.

Traders using platforms such as

TradingView

are watching Ethereum’s challenge of the $3,900 resistance, with conflicting signals from failed upward moves and lower trading volumes. Despite some short-term hope, the overall bearish trend remains, and sellers are likely to stay in control unless ETH can reclaim key resistance levels.

Ripple’s XRP has jumped more than 12% in recent days, fueled by a $500 million investment round led by Fortress Investment Group and Citadel Securities, which raised the company’s valuation to $40 billion, according to a

Coinpedia article

. Additional optimism comes from a partnership with Mastercard, WebBank, and Gemini to use Ripple USD (RLUSD) for fiat credit card settlements, as reported by

Yahoo Finance

XRP has broken past the $2.30 resistance level, and technical analysis suggests it could reach $2.50, according to a

U.Today report

. However, rising open interest in futures markets points to greater volatility, and ongoing spot outflows show that investors remain cautious—a trend noted by

Coinedition

. Experts warn that if XRP drops below $2.16, a deeper correction toward $1.58 could follow.

The overall cryptocurrency market continues to be unstable, with Bitcoin’s market share and global economic factors playing crucial roles. While some analysts believe the current pullback is a normal correction, others warn of steeper losses if major support levels are breached. Institutional interest in XRP and Ethereum’s on-chain activity provide some positive signs, but a lasting recovery will require clearer macroeconomic signals and renewed buying momentum.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

1. Technology stocks fell sharply as investor interest shifted toward energy and selected defensive assets. From October 10 to 16, the Nasdaq 100 declined 5.49% and the S&P 500 fell 1.95%, while the Dow gained 0.67% and WTI crude rose 10.41%. BTC, ETH, and SOL declined 1.27%, 2.65%, and 4.44%, respectively. This week's technology earnings will be an important test of whether revenue growth, margins, and cash flow can justify current valuations. Better-than-expected results could help stabilize markets in the near term. 2. Crypto continues to see pockets of strong activity, but a broad-based altcoin season has yet to materialize. CoinMarketCap's (CMC) Altcoin Season Index stood at 54 as of the October 18 UTC daily observation, below the altcoin-season threshold of 75, while BTC dominance rose to 60.08%. Our proxy leverage ratio fluctuated between 4.00 and 4.07 during the week, showing no sustained increase and suggesting limited appetite for additional leverage. Meanwhile, as major exchanges expand access to traditional financial assets, the recent sell-off in AI-related equities could attract short-term speculative capital away from crypto. Such capital rotation could make it more difficult for a new altcoin season to take hold. 3. Papertrade's loss-to-mine model has generated significant interest across the crypto community. The protocol combines high-leverage derivatives trading with zero slippage and a mechanism that rewards trading losses with PAPER tokens. Across the eight complete UTC days from October 10 to 17, cumulative reported revenue reached approximately $56.08 million, including $51.90 million distributed to token holders. With growing participation from key opinion leaders (KOLs), Papertrade has reportedly ranked among the top three platforms by profitability in the broader market recently. Assets to watch: BTC, ETH, SOL, ARB, OP, SKHYNIX, SKHY, META, TSLA, LRCX, and SPCX. Key research priorities this week: Cash flow performance in technology earnings; the relative discount and holding costs of the two SK Hynix contracts; and U.S. initial jobless claims and PMI data. Weekly market data cover the period through October 16, while research information was verified through October 18. Observation periods are specified separately for each chart.

Bitget•2026/10/19 06:51