Bitcoin (BTC) Price Bounce Fades Fast; Ethereum’s ETH, Solana’s SOL, Ripple’s XRP, Cardano’s ADA Loss as Torrid October Continues

Whether prices rebound or decline may depend on the ongoing retesting of the “Bull Market Support Band,” a key trend indicator defined by the asset’s 20-week simple moving average (SMA) and exponential moving average (EMA) of 21 weeks. The band has often served as price support during previous trends, and currently ranges between $61,100 and $62,900. A retracement of the band would revive the uptrend from the September lows to the target, but a decisive break below could undo the entire recovery, with many weeks lower below $60,000.