Black Monday Turns Green? BTC, ETH and XRP Watch Key Levels Today
Black Monday warnings flooded social media after last week's AI and chip stock selloff. So far, the crash has not shown up.
U.S. stock futures and crypto markets are bouncing back sharply. Still, there is a long trading day ahead.
Bitcoin, Ethereum and XRP now sit near levels that could decide what comes next.
Is Black Monday Cancelled? What the Market Shows Now
Bitcoin and Ethereum are moving higher despite the crash calls. Some traders already call it a "Green Monday." Crypto Rover's charts show stock futures and all three coins climbing together.
Bitcoin trades near $82,071, based on Ali Charts' daily chart. Ethereum sits around $2,419, and XRP is near $1.30.
A bounce is not a trend, though. These coins still need to hold their support lines.
What Are the Key Levels for BTC, ETH, and XRP?
Analyst Ali Charts shared the levels below. Each coin has a support line that buyers must defend.
Coin | Recent Price | Key Support | Upside Targets | Downside Target |
BTC | $82,071 | $81,000 | $84,000, $86,500 | $76,000 |
ETH | $2,419 | $2,350 | $2,700, $3,000 | $2,000 |
XRP | $1.30 | $1.25 | $1.56, then $2 | $1 |
Bitcoin Price Prediction: Will BTC Hold $81,000?
$81,000 is the lower edge of Bitcoin's daily rising channel.
If buyers defend it, BTC could move to the channel's middle at $84,000. The upper edge sits at $86,500.
A break below $81,000 would shift focus to $76,000.
Ethereum Price Prediction: Can ETH Hold $2,350?
Ethereum is testing $2,350. This is the support line of a right-angled ascending broadening pattern.
A bounce could take ETH toward $2,700 or even $3,000. A daily close below $2,350 would put $2,000 in focus instead.
XRP Price Prediction: Will XRP Hold $1.25?
On the 3-day chart, XRP may be forming an inverse head-and-shoulders pattern. Holding $1.25 could complete the right shoulder.
The move still needs confirmation. A sustained close above $1.56 could open the path to $2.
If XRP loses $1.25, $1 becomes the level to watch.
Why Did $317 Million in Crypto Get Liquidated?
CoinGlass data shows heavy liquidations over the past 24 hours. Long traders took more of the losses overall.
24-Hour Liquidations | Amount |
Total | $317.50 million |
Traders affected | 92,063 |
Ethereum | $101.13 million |
Bitcoin | $63.84 million |
Long positions | $186.03 million (58.6%) |
Short positions | $131.46 million (41.4%) |
Most Ethereum liquidations (60.1%) were shorts. Binance had the largest exchange share at 50%. The biggest single order was an $11.81 million ETHUSDT short on Binance.
What Is the Crypto Fear and Greed Index Today?
The index stands at 59, which signals Greed. Yesterday it read 53, or Neutral.
Last week it was 69, and last month it was 71. Sentiment has cooled a bit, but it is still positive.
Is Bitcoin Returning to a Bull Market? What Saylor Said
Strategy Executive Chairman Michael Saylor says Bitcoin is returning to a bull market. He named bank custody, lending services, and securities tokenization as drivers over the next 12 to 24 months.
He also said Strategy bought back about $1.5 billion of STRC to steady its price. The firm holds cash to cover roughly 3.5 years of dividends.
Saylor added that Bitcoin-backed stablecoins yielding 6% to 8% could appear. No issuance plans were announced.
He also posted "We found room for more orange" with a tracker chart. It shows Strategy's Bitcoin reserve value at $69.45 billion.
Does Bitcoin Fall After U.S. Midterm Elections?
Results have been mixed. Bitcoin turned negative after each of the last two midterms.
Year | BTC Return One Month After |
2010 | +30.91% |
2014 | +6.61% |
2018 | -47.13% |
2022 | -18.15% |
The next midterms fall on November 3, 2026. History does not predict the future, but volatility is worth planning for.
What Events Could Move Crypto Markets This Week?
About 15% of S&P 500 companies report earnings this week. That could shift the mood fast.
Day | Event |
Tuesday | September Pending Home Sales, SpaceX earnings |
Wednesday | Tesla and Meta earnings |
Thursday | Initial Jobless Claims |
Friday | October MI Consumer Sentiment and Inflation Expectations |
What Should Traders Watch Next?
Black Monday has not arrived yet, and the early bounce is a good sign. But the real test is whether $81,000, $2,350, and $1.25 hold.
Traders will also watch earnings and jobs data.
Disclaimer
This article is for information only and is not financial advice. Crypto prices are highly volatile, and you can lose money. Price levels mentioned come from analyst views and are not guarantees. Do your own research and speak to a licensed financial advisor before investing.
