Bitcoin Loses Major $81,000 Support, Bear Market Returns? Key Levels To Trade
3 extracted signals · 0 resolved · 3 still active
Gareth SolowayIndependent analyst profile- Source published
- 24 Oct 2026, 20:00 UTC
- Recorded by Tahlil Plus
- 24 Oct 2026, 20:38 UTC
AI-generated source summary
The current market sentiment for Bitcoin (BTCUSDT), Ethereum (ETHUSD), and Solana (SOLUSD) is predominantly bearish, with key support levels being tested or broken. For BTCUSDT, the price has fallen below the critical $81,000 breakdown level, with a target price identified at $75,500. A close above the $87,200 breakout level would invalidate this bearish outlook. Ethereum (ETHUSD) is also showing weakness, trading below its support trendline around $2,334. The predicted target is $2,000, with a fail bound set at $2,450; a move above this level would negate the bearish thesis. Solana (SOLUSD) is similarly struggling, with its price at $98.25 nearing its support level around $95.50. The analysis suggests a potential target of $83.00, with a fail bound at $105.00. A decisive break above $105.00 would signal a shift in sentiment. The overall market condition indicates a risk-off sentiment, with a significant downtrend confirmed across these major cryptocurrencies.
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Gareth Soloway
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