The crypto market is facing renewed downside pressure as risk appetite weakens across global markets. Bitcoin, Ethereum, and XRP are all trading near key technical levels, raising concerns that the current pullback may extend further if critical supports fail.
While short-term relief rallies remain possible, broader indicators suggest the market is still navigating a corrective phase rather than a confirmed recovery.
Bitcoin (BTC): Key Support Levels Under Pressure
Bitcoin remains in a broader bearish trend, with technical signals pointing to a correction that could last several months despite intermittent bounces.
BTC recently encountered strong resistance in the $92,000–$94,000 range, an area that has repeatedly rejected upside attempts. The failure to reclaim this zone has pushed price back toward an important support band near $85,000–$86,000.
If Bitcoin records a daily close below $85,000, downside risk increases toward $80,000–$81,000. A deeper breakdown could expose BTC to the $74,000–$76,000 region, with some bearish patterns also pointing to $77,000–$78,000 as a near-term target.
Unless Bitcoin regains lost resistance, the overall structure remains fragile.
Ethereum (ETH): Weakness Follows Bitcoin
Ethereum continues to move largely in line with Bitcoin’s direction, showing limited independent strength.
ETH has fallen below the critical $3,000–$3,100 support zone, which now risks turning into resistance. A confirmed daily close under $3,000 could open the door to further declines toward $2,750–$2,800.
Below that, stronger demand is expected around $2,600–$2,650, an area that has historically attracted buyers during periods of market stress. On lower time frames, ETH’s RSI is approaching oversold territory, increasing the chance of a short-term bounce though analysts caution this would not necessarily mark a trend reversal.
XRP: The Weakest Structure Among Majors
XRP currently appears to be the most vulnerable of the three assets on higher time frames.
Price is testing a major support zone between $1.80 and $2.00. A weekly close below $1.80 would significantly weaken XRP’s structure and bring lower levels into focus, including $1.60, followed by $1.30–$1.40.
If selling pressure persists across the broader market, XRP could eventually slide toward the $0.90–$1.00 range in the coming months.
Market Outlook
While short-term rebounds remain possible, the broader technical picture suggests downside risks are still elevated for Bitcoin, Ethereum, and XRP. A sustained recovery will likely depend on Bitcoin reclaiming key resistance levels and a broader shift in market sentiment.
