technical levels Archives - Coin Engineer

Bitcoin Rebounds to $93K as Analysts Again Target $100K

Yeliz Akmaca — Wed, 03 Dec 2025 10:30:25 +0000

Bitcoin climbed back to 93,000 dollars after Sunday’s sharp leverage flush and renewed optimism returned to the crypto market. The flagship cryptocurrency’s strong rebound revived expectations of a possible move toward the long-watched 100,000-dollar target. Analysts say momentum is improving as bitcoin price benefits from macro outlook and rising market participation.

Bitcoin price quickly recovered after the weekend drop

Bitcoin had briefly slipped to 84,500 dollars during Sunday’s cascade of liquidations. However, the price erased all losses within two days and reclaimed the 92,000-dollar level, signaling a shift in market sentiment. Analyst Michaël van de Poppe described the move as a healthy recovery and noted that holding above 92,000 dollars remains essential for the next breakout. He also compared the latest drop to previous cycle shakeouts and said indicators had become heavily oversold.

Bitcoin reached an intraday high of 93,040 dollars on Coinbase early Wednesday, according to TradingView. The rebound demonstrated strengthening demand as BTC recovered the full 8,000-dollar decline from the weekend flush. Meanwhile the crypto market saw rising trading volumes, suggesting increasing interest from both short-term traders and longer-term investors.

Macro optimism and ETF inflows boost expectations

Nick Ruck, director at LVRG Research, said he remains confident that Bitcoin will revisit six-figure territory in the coming months. He pointed to renewed expectations of potential Federal Reserve rate cuts and improving macro conditions that support risk assets. At the same time rising spot Bitcoin ETF inflows continue to reinforce institutional demand, offering a strong backdrop for upward momentum. As a result the bitcoin price outlook appears more constructive heading into late 2025.

Crypto market sentiment has also improved alongside higher liquidity and strengthening participation from large investors. Although volatility remains elevated, analysts highlight that the underlying trend for BTC is still upward. This aligns with patterns seen in previous market cycles where strong rebounds preceded major price expansions.

Key support zone will determine Bitcoin’s next major move

Before the rebound, analysts highlighted the 86,000- to 88,000-dollar range as a crucial support area for bitcoin price. Market commentator Crazzyblockk noted that this zone had held more than sixty retests in recent months, making any breakdown highly significant. Trading above this region indicates reduced selling pressure and stronger conviction among active market participants.

• The 86,000–88,000 dollar zone remains the primary support level for bitcoin price.
• Losing this support could open the door to lower market targets and renewed selling.
• Holding above the zone strengthens the structure for a potential move toward 100,000 dollars.

Bitcoin was trading above 93,700 dollars at the time of writing as the crypto market maintained its recovery trend. Strengthening momentum and improving macro expectations continue to support analysts’ bullish outlook for BTC’s path toward the 100,000-dollar level.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Bitcoin Rebounds to $93K as Analysts Again Target $100K appeared first on Coin Engineer.

Bitcoin Drops Sharply: Market Signals A Correction Phase

Yigit Taha OZTURK — Mon, 14 Jul 2025 08:00:57 +0000

In the last 24 hours, the crypto market saw intense volatility, with Bitcoin leading the decline. This sharp move also triggered significant pullbacks in altcoins, shaking investor confidence.

Sideways Expectation Shattered By Strong Selling

The market was initially expecting a period of sideways action due to Tether Dominance being squeezed between key support and resistance zones. However, contrary to expectations, a wave of strong selling hit the market, driving Bitcoin lower.

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From a technical perspective, further downside pressure is likely in the short term. The price is approaching the $115,202 – $113,766 zone, which contains a Fair Value Gap (FVG). This area is seen as a potential support zone. If filled successfully, it could serve as a base for an upward rebound.

Resistance Zone Now In Focus

Should buyers regain control and market sentiment stabilize, Bitcoin could aim for a recovery. The next key resistance levels are located at $121,396 – $120,494. A breakout above this region would improve technical momentum and potentially signal a reversal.

Despite the uncertainty, traders are advised to closely monitor these levels. Both support and resistance areas will play a crucial role in shaping upcoming price action.

BTC/USDT pair 4-hour chart.

The post Bitcoin Drops Sharply: Market Signals A Correction Phase appeared first on Coin Engineer.

SUI at a Crossroads: Rebound or Breakdown?

Yigit Taha OZTURK — Mon, 26 May 2025 15:30:43 +0000

As crypto markets continue to move on shaky ground, certain altcoins are standing out with their sharp short-term price movements. SUI has recently emerged as one of these assets, catching investor attention with its response to key technical levels.

How price behaves near support and resistance zones may directly influence trader sentiment and strategy.

3.57$ Support Reclaimed

After losing the 3.57$ support, SUI dipped to as low as 3.41$. However, the drop was short-lived. The price quickly recovered and managed to reclaim the support zone, now hovering around the 3.57$ mark once again.

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If this level holds, a potential move toward the 3.83$ resistance remains on the table. The technical outlook supports the possibility of further upside if buying momentum continues.

Break Below Could Trigger Deeper Pullback

On the flip side, should SUI fail to maintain the 3.57$ support, a deeper correction may be in store. This would likely increase selling pressure and result in a bearish short-term structure.

SUI/USDT pair 4-hour chart.

Traders are advised to closely monitor both the support zone and any attempt to break through the resistance above.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post SUI at a Crossroads: Rebound or Breakdown? appeared first on Coin Engineer.

Bitcoin At A Crucial Threshold: New All-Time High On The Horizon?

Yigit Taha OZTURK — Tue, 20 May 2025 13:30:13 +0000

The crypto market is on edge as all eyes turn to Bitcoin. Investors are closely watching for any sign of a decisive move, and the past 24 hours have brought renewed excitement.

BTC has once again tested the key resistance level at 106,506$, but has yet to deliver a clear breakout. Without sustained movement above this point, hopes for a new ATH (All-Time High) remain on hold.

Direction In Focus: Key Levels Revealed

Analysts suggest that a confirmed breakout above 106,506$ could ignite a strong bullish momentum in the market. This price level also holds psychological importance for many traders.

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However, in case of a downward move, the support range between 102,495$ – 101,666$ will be crucial. A drop below this area could trigger increased selling pressure, potentially pushing the price down to the 98,774$ – 97,494$ band.

BTC/USDT pair 4-hour chart.

New Highs Or Deeper Corrections?

Now is a decisive moment for investors. A breakout could open the path to fresh record highs, while a failure to hold key supports might lead to a corrective phase. The coming days will be pivotal for Bitcoin’s next move.

The post Bitcoin At A Crucial Threshold: New All-Time High On The Horizon? appeared first on Coin Engineer.

XRP At A Critical Zone: Will The Rally Begin Or Sell-Off Deepen?

Yigit Taha OZTURK — Tue, 13 May 2025 18:00:43 +0000

In crypto trading, some price levels carry both technical and psychological weight. XRP is currently hovering within such a level — a bullish Fair Value Gap (FVG) zone on the hourly chart. What happens next could set the tone for the near term.

This FVG zone previously marked a strong area of buyer interest. Once again, XRP finds itself testing this zone, and traders are watching closely for signs of continuation or rejection.

2.65$ Resistance In Sight

If XRP manages to hold above the current FVG support, the next likely target is 2.65$. A sustained move higher could signal renewed bullish momentum and open the door for a more optimistic short-term outlook.

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Strong buying volume could push the price steadily toward this resistance level.

Beware Of The 2.46$ Support

On the flip side, if XRP fails to hold the FVG support zone, the first downside level to watch is 2.46$. A breakdown below this mark could indicate growing bearish pressure and a broader correction ahead.

XRP/USDT pair hourly chart.

For now, monitoring how price reacts in this zone — particularly with respect to volume — is essential for anticipating the next move.

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