Over the past week, long-term holders have been transferring large amounts of BTC to the Kraken crypto exchange. This activity continues the outflow trend seen since mid-October and explains Bitcoin’s negative price performance, according to trading experts.
Bitcoin’s price has fallen to the lower end of its local trading range amid $1.1 billion in market liquidations within 24 hours. The leading digital currency dropped close to $106,000, marking a new weekly low on October 30.
Analysts explained that since Bitcoin’s price momentum remains negative following the October 11 crash, the key factor now is to reignite it:
A drop in the yield of 10-year U.S. Treasury bonds below 4% and growing interest from large investors in high-risk assets have supported Bitcoin’s rise, according to analysts at 10x Research.
Forecast statistics on the Polymarket platform show that only a small number of traders believe XRP could reach $4 by 2026. Specifically, traders assign a 21% probability that XRP will rise to $4 by January 2026.
The XRP price is currently trading around $2.41, slipping below key EMA levels as bears test the $2.35–$2.30 support zone. Evernorth has launched $1 billion in XRP-backed treasury bonds listed on Nasdaq, sparking both long-term optimism and short-term uncertainty.
According to a social media poll conducted by the well-known analyst operating under the pseudonym PlanB, the majority of traders believe that Bitcoin’s price will fall below the $100,000 mark.
According to analysts, the recent crash served as a strong but necessary reset. Buying pressure in the crypto market has eased, and the decline in Bitcoin’s open interest reflects an overall reduction in market risk appetite.
The Solana network has experienced a notable decline in blockchain activity, even as the price of SOL continues to rise. According to CryptoOnchain, the daily number of transactions has fallen from a peak of 125 million on July 24, 2025, to the current 64 million — a nearly 50% decrease.
According to well-known crypto analyst Michaël van de Poppe, Bitcoin’s uptrend is likely to continue, but the market needs a breather. He does not rule out a correction before BTC heads toward $150,000.
Analysts reminded that on September 25, Bitcoin (BTC) fell to $108,000, triggering a sharp spike in spot volumes. This move marked $108,000 as a potential bottom.
Bitcoin is holding support at $109K ahead of the U.S. Personal Consumption Expenditure (PCE) inflation report, scheduled for release on September 26.
The crypto market is ending September in a state of uncertainty: Bitcoin is hovering in the $110,000–$115,000 range, and analysts debate whether the market is ready for a new wave of growth or another decline is ahead.
The crypto market is facing the largest quarterly options expiration of 2025. The total nominal value of BTC and ETH contracts exceeds $21 billion, making the event a key stress test for the market amid macroeconomic uncertainty and signs of monetary policy easing by central banks.
BTC and Ethereum traders remain optimistic about the market’s trajectory despite corrective moves this week that affected digital assets overall.
According to experts, the leading cryptocurrency has stabilized after a massive liquidation of positions that occurred on September 22. On that day, the total amount of closed positions exceeded $1.7 billion.
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