Pseudonymous trader Capo of Crypto warned that Bitcoin could rally toward $90,500 before reversing sharply, potentially misleading buyers into expecting a sustained breakout. According to NS3.AI, Capo’s chart points to an eventual decline to $65,000 to $68,000.

Analyst SalsaTekila said Ethereum could trigger a broader selloff if buyers fail to hold current levels. Trader Michaël van de Poppe took a different view, saying recent declines have created attractive entry points rather than signaling a deeper breakdown.

Bitcoin fell below $81,000 on Thursday amid government Bitcoin transfers, possible strikes on Iran and interest-rate concerns. U.S. President Donald Trump later denied plans to strike Iran before the midterms, but Bitcoin had not recovered at the time.