Crier's Corner: Crypto Recap 10/9/25
Crypto Market Recap — October 9, 2025 🟠 Bitcoin (BTC) — $120,483 - Last update: ~$114K - Broke above $117.5K → confirmed bullish sentiment - New all-time high: $125K - Expected move: pullback to $117K (turn resistance into support) - If support holds → target $131K within the next couple of months - Structure remains strong; not a fast move, but steady ⚫ Bitcoin Dominance — 59% - Broke long-term trendline in mid-August - Currently holding around 59% - Potential rise to 61% → retest of that two-year trendline - Likely rejection at that level → could mirror last cycle - Prior cycle: dominance fell from 70% → 40% after a similar setup, expecting 62% → 50%: not as steep a fall due to ETFs and DATs (digital asset treasuries) 🟣 Ethereum (ETH) — $4,300 - Price unchanged since last update - Still compressing in a tight range → accumulation phase - Compression signals comfort → potential for breakout later - ETH/BTC ratio: 0.035 - Could dip to 0.032 and remain bullish - Sell/trim targets: 0.054 and 0.062 🟢 Solana (SOL) — $217 - High: $253 → Low: $191 → Now: $238 (higher low) - Still respecting the long-term channel since March 2025 - As long as it holds $200, the structure remains intact - Channel movements continue to show strength 🔺 Avalanche (AVAX) — $27 - Recent high: $36 - Now testing $26.5–$25.5 range → former resistance turned support - Pattern consistent with a healthy break/retest setup - Holding that zone → strong sign for upward continuation 🐧 Pengu (PENGU) — $0.03 - Dipped into buy zone ($0.027–$0.025) between Sept 25–30 - Quick rebound to $0.03 → healthy consolidation - Still under key resistance → needs a clean break above $0.036 - Until breakout, expect sideways accumulation