October 5 | BTC, ETH, SOL intraday outlook
It’s Monday’s market open, so let’s start with a quick look at today’s market rhythm.
BTC saw a fairly clear rebound yesterday, but the short-term momentum is now starting to cool. I’m not chasing the rally at this level for now. I’ll continue to treat this as a range-bound market and wait for the price to reach key areas before making a move.
$BTC
Right now, I’m focused on the broad 83,000–87,000 range.
If the price pushes above 87,000 again, especially if it approaches 87,500 but struggles to hold there, I’ll be watching more closely for a pullback from higher levels.
On the other hand, if the price returns to around 84,000–83,000 and we see clear support, I’d be more inclined to consider buying the dip.
If 83,000 is decisively broken, don’t rush to buy the dip. The next area to watch is 81,500–80,000.
So BTC is pretty straightforward right now:
Watch for resistance on the way up, and look for support on the way down.
I’m still bullish in the medium term, and my 90,000–95,000 target remains unchanged. But there’s no need to take on a large pullback just to chase a little more upside in the short term.
$ETH
ETH is still oscillating around 2,700.
To the downside, I’ll be watching 2,670–2,650, followed by 2,630.
If it’s just a normal pullback and the price finds support at these levels, I may consider buying in gradually. If 2,630 is decisively broken, I’ll stand aside for now and look next at 2,600–2,560.
To the upside, I’m watching 2,750–2,800.
ETH looks like it’s waiting for a breakout direction. Until it breaks out, I’d rather sell high and buy low than chase the candlesticks.
$SOL
SOL’s structure is still relatively stronger for now.
If it pulls back, 119–116 is the area I’m most interested in today.
If 116 holds, we can continue to look for a rebound.
To the upside, first watch 123 and 125, then 128.
If it really rallies above 128, start watching out for short-term profit-taking. It wouldn’t be wise to chase blindly at that point.
To sum up for today:
BTC: Look for support around 83K; watch for resistance above 87K
ETH: Look for support around 2.63K; watch for resistance at 2.75K–2.8K
SOL: Look for support at 116–119; watch for resistance at 125–128
In a market like this, the biggest risk isn’t missing an opportunity—it’s forcing a trade when you don’t have a good entry.
I’d rather wait for the price to return to a planned zone before taking action.