Selling Near Range Highs Keeps Bitcoin and Major Altcoins Under Pressure

Bitcoin bulls are attempting to hold the $90,000 level, but selling near range highs has limited rallies in Bitcoin and most major altcoins, according to the market analysis. Analysts and traders offered mixed near-term views: Material Indicators cofounder Keith Alan said in a post on X that BTC could slump to the $87,500–$89,000 support zone, while trader Roman projected a fall to $76,000.

CryptoQuant CEO Ki Young Ju said in a post on X that BTC is unlikely to see a 50% crash from its all-time high and expects it to remain "sideways for the next few months." The report also notes that if bulls push BTC above $94,789 the pair could rise toward $100,000, but a drop below the moving averages could keep BTC stuck in an $84,000–$94,789 range and a close below $84,000 would hand control to sellers.

On a longer view, Smarter Web Company Bitcoin strategy head Jesse Myers said BTC has averaged 95% gains in the year following a down year, suggesting 2026 could be positive if history repeats after a 6.33% drop in 2025.

Key Topics

Crypto, Bitcoin, Ether, Xrp, Bnb, Solana