
Bitcoin is trading within a well-defined resistance zone that analyst Gareth Soloway has been tracking since the market’s October 2025 lows. The zone runs from $80,000 at the low end to approximately $85,000 to $86,000 at the high end, with multiple historical pivot points creating a solid resistance footprint across that range.
Soloway said Bitcoin could push toward $86,000 within the current structure, but stopped short of calling it a breakout. “All it takes is a catalyst,” he said. “The NASDAQ starts to fall for a few days in a row and before you know it Bitcoin is under $80,000, then under $75,000, and momentum takes over.”
For a bullish shift, Soloway said he needs to see Bitcoin clear $98,000. That level, if broken, would open a path back toward the trend line that marked the 2025 bull market top and signal a potential new all-time high attempt. Until then, he described the current move as digestion rather than a confirmed reversal.
One concern he flagged is that Bitcoin is still not trading as a risk-off asset. With the NASDAQ and S&P 500 at all-time highs, Bitcoin remains roughly 40% below its own peak.
Ethereum: Holding $2,100 Is Everything
Ethereum has lagged while other altcoins have posted larger moves, which Soloway described as disconcerting. His near-term target remains $2,700, but the more important level is $2,100 on the downside.
A series of pivot lows have formed a clear support line at that level. As long as Ethereum holds $2,100, Soloway said he maintains a neutral to bullish stance. A break below it would signal the current choppy range is resolving to the downside, removing the near-term recovery case entirely.
XRP is pressing against resistance at $1.47 to $1.48. A clean break above that zone opens upside toward $1.70 to $1.80, a move from current levels that Soloway said is worth monitoring actively.
The downside level to watch is $1.38. A break below that support removes the immediate bullish setup and could trigger a move lower. As with Bitcoin and Ethereum, the chart is giving clear levels to follow in both directions.
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