Crypto majors were mostly flat over the weekend after Bitcoin briefly dipped below $94,000 before recovering to $95,400. ETH gained 1% to trade near $3,180, BNB remained steady at $930, and SOL rose 2% to $142. Among top movers, UNI, IMX, and ENA each climbed about 4%. ZEC also briefly bounced above $700 on Sunday after Cobie commented on the fundamentals behind its recent rally. Market sentiment stayed deeply negative, with the Crypto Fear & Greed Index holding in Extreme Fear at 14 after touching 10 on Friday. On the macro side, JPMorgan identified roughly $94,000 as a key Bitcoin support level based on mining costs and projected potential upside toward $170,000. Institutional activity also made headlines, as Harvard reportedly added about $350 million of Bitcoin through IBIT in Q3—an increase of 257% from its June filing—while BlackRock’s BUIDL fund expanded to Binance and BNB.
💡 DMK Insight
Bitcoin’s recent dip below $94,000 is a critical moment for traders: it highlights potential volatility ahead. With ETH hovering around $3,180 and SOL at $142, the market’s flatness suggests indecision among traders. The recovery of Bitcoin to $95,400 might indicate a support level forming, but the lack of momentum could lead to further fluctuations. Keep an eye on ETH and SOL as they could react to Bitcoin’s movements. If Bitcoin breaks decisively above $96,000, we might see a bullish wave across the board, but a drop below $94,000 could trigger panic selling, especially among retail traders. It’s worth noting that while UNI, IMX, and ENA are showing strength with 4% gains, this could be a sign of sector rotation rather than overall market health. Traders should monitor the correlation between these altcoins and Bitcoin closely, as shifts in Bitcoin’s price often ripple through the altcoin market. Watch for key resistance at $96,000 for Bitcoin and support around $94,000 to gauge short-term trading strategies.
📮 Takeaway
Watch Bitcoin’s support at $94,000 and resistance at $96,000; these levels will dictate short-term trading strategies across major altcoins like ETH and SOL.





