📱 BTC falls below 84K, ETH turns bearish across all three timeframes! Altcoins continue to sell off as U.S. stocks and stock tokens diverge | Oct 07 TradeyAI Morning Market Analysis
The market weakened again today. BTC is at $83898.01, down 1.93% over 24h; ETH -3.27%, BNB -1.89%, SOL -1.60%. Most major coins have turned bearish on shorter timeframes, while losses among altcoins have widened further.
📍In a nutshell: Bears have regained the upper hand in the short term
🔥 Major coins
BTC $83898.01｜-1.93%
1H↓ / 4H↓ / Daily ranging
Support $83577 / $82157.61
Resistance $84767.73 / $85638.41
Short: $84233.61｜TP $82704.49｜SL $85762.73｜10%
ETH $2614.67｜-3.27%
1H↓ / 4H↓ / Daily↓
Support $2607.83 / $2559.71｜Resistance $2669.63
ETH is weaker than BTC. If it loses the area around $2600, there may be further downside.
BNB $765.89｜-1.89%
1H↓ / 4H↓｜Support $752.86｜Resistance $774.94
SOL $118.34｜-1.60%
1H↓｜Support $117.02 / $115.87｜Resistance $119.63
🚨 Altcoins remain under pressure
WLD -7.58%｜ADA -5.13%｜DOGS -5.00%｜SUI -4.95%｜DOGE -4.71%｜PEPE -3.96%｜BCH -2.92%.
Most altcoins have turned bearish on the 1H timeframe, suggesting investors are still actively reducing risk. At this stage, “having fallen a lot” does not mean an asset is safe. Be cautious about trying to catch falling knives in weak coins.
🇺🇸 U.S. stocks and stock tokens
SNDK $1648.20｜4H↓ / Daily↓
Support $1646.52 / $1613.28｜Resistance $1698.78
Bearish: $1654.79→$1608.70
SKHY $184.21｜4H↓ / Daily↓
Support $183.84 / $180.30｜Resistance $188.12
Bearish: $184.95→$179.18
MU $1045.26｜4H↓ / Daily↓
Support $1040.73 / $1023.67｜Resistance $1062.48
Bearish: $1049.64→$1034.79
🔥 COHR is one of the few strong performers
$334.66｜4H↑ / Daily↑
Support $332.41 / $324.59｜Resistance $341.04 / $350.65
Bullish: $335.01→$335.68
📊 TradeyAI outlook:
The biggest change today is that ETH has turned bearish across all three timeframes. SNDK, SKHY, and MU also remain weak, while COHR is the only one maintaining a clearly bullish structure.
Key BTC levels:
Hold above $83577 → could continue to consolidate and recover;
Break below $83577 → next watch $82157;
Break below $82157 → watch $81047;
Move back above $84767 → only then will bearish pressure begin to ease.
So today’s strategy is clear: watch resistance on rallies in major coins, keep altcoin positions in check, and pay attention to the divergence in strength among U.S. stocks and stock tokens. Until BTC climbs back above $84767, continue to respect the short-term bearish trend.
Do you think BTC can hold $83577 this time?
The market weakened again today. BTC is at $83898.01, down 1.93% over 24h; ETH -3.27%, BNB -1.89%, SOL -1.60%. Most major coins have turned bearish on shorter timeframes, while losses among altcoins have widened further.
📍In a nutshell: Bears have regained the upper hand in the short term
🔥 Major coins
BTC $83898.01｜-1.93%
1H↓ / 4H↓ / Daily ranging
Support $83577 / $82157.61
Resistance $84767.73 / $85638.41
Short: $84233.61｜TP $82704.49｜SL $85762.73｜10%
ETH $2614.67｜-3.27%
1H↓ / 4H↓ / Daily↓
Support $2607.83 / $2559.71｜Resistance $2669.63
ETH is weaker than BTC. If it loses the area around $2600, there may be further downside.
BNB $765.89｜-1.89%
1H↓ / 4H↓｜Support $752.86｜Resistance $774.94
SOL $118.34｜-1.60%
1H↓｜Support $117.02 / $115.87｜Resistance $119.63
🚨 Altcoins remain under pressure
WLD -7.58%｜ADA -5.13%｜DOGS -5.00%｜SUI -4.95%｜DOGE -4.71%｜PEPE -3.96%｜BCH -2.92%.
Most altcoins have turned bearish on the 1H timeframe, suggesting investors are still actively reducing risk. At this stage, “having fallen a lot” does not mean an asset is safe. Be cautious about trying to catch falling knives in weak coins.
🇺🇸 U.S. stocks and stock tokens
SNDK $1648.20｜4H↓ / Daily↓
Support $1646.52 / $1613.28｜Resistance $1698.78
Bearish: $1654.79→$1608.70
SKHY $184.21｜4H↓ / Daily↓
Support $183.84 / $180.30｜Resistance $188.12
Bearish: $184.95→$179.18
MU $1045.26｜4H↓ / Daily↓
Support $1040.73 / $1023.67｜Resistance $1062.48
Bearish: $1049.64→$1034.79
🔥 COHR is one of the few strong performers
$334.66｜4H↑ / Daily↑
Support $332.41 / $324.59｜Resistance $341.04 / $350.65
Bullish: $335.01→$335.68
📊 TradeyAI outlook:
The biggest change today is that ETH has turned bearish across all three timeframes. SNDK, SKHY, and MU also remain weak, while COHR is the only one maintaining a clearly bullish structure.
Key BTC levels:
Hold above $83577 → could continue to consolidate and recover;
Break below $83577 → next watch $82157;
Break below $82157 → watch $81047;
Move back above $84767 → only then will bearish pressure begin to ease.
So today’s strategy is clear: watch resistance on rallies in major coins, keep altcoin positions in check, and pay attention to the divergence in strength among U.S. stocks and stock tokens. Until BTC climbs back above $84767, continue to respect the short-term bearish trend.
Do you think BTC can hold $83577 this time?