*Crypto Technical Analysis — Today, Sept 24, 2026*
This is a classic healthy pullback day, not a trend break. Both majors are cooling momentum after last week's squeeze.
1. BITCOIN (BTC) — ~ $84,250 (-2.58%)
*Structure:*
BTC broke down from a short-term bullish wedge and perfectly retested the old bear market high at *$82,825* as support. That level is confluence of horizontal support + 0.618 Fibonacci + descending trendline retest — textbook bounce zone.
*Momentum:*
- *Daily RSI:* Cooled from >70 (overbought during breakout) to around *65-62* today. Still bullish, just less stretched — healthy.
*Key Levels:*
- *Immediate Resistance:* $85,000 (breakout level flipped) → $90,000 → psychological $100k
- *Immediate Support:* $83,500 - $84,000 current demand → *$82,000* (must-hold) → $81,700 (0.786 Fib) → $76,096 (50-day EMA)
2. ETHEREUM (ETH) — ~ $2,679 (-2.99%)
*Structure:*
ETH completed a breakout above *$2,661* — a bullish continuation pattern targeting ∼$3,050, but is facing rejection at the $2,775-$2,825 supply zone.
*Momentum:*
- *14-day RSI:* Hit near 72 on run to $2,800, now eased to *67.72*, still 6.5 points above its MA at 61.21 — cooling from overbought, trend intact.
- *Weekly RSI:* 64.11, rising from 30-40 oversold earlier in 2026, MA at 48.64 — improving but not at 2021/2025 top extremes.
*Key Levels:*
- *Resistance:* $2,786 → $2,894 → $3,177 (then $3,050 measured target)
- *Support:* $2,626 (recent horizontal) → 20-day EMA cluster $2,549-$2,564 → $2,431 → 50-day $2,381 → $2,438 Fibonacci (weekly 0.618) — losing $2,438 flips September bearish
Summary — How I'm Reading Today
- *Trend:* Bullish on daily/weekly, bearish on 1H/15m. This is a *higher-low building* phase, not a reversal. Price is trying to find a higher low above EMA50 to regain momentum.
- *Best case:* BTC holds $82k-$84k, ETH holds $2,544-$2,626 → rotation back to $90k BTC / $3k ETH.
- *Worst case:* BTC daily close below $81,700 and ETH weekly close below $2,438 — re-opens $75k for BTC and $2,200-$2,000 for ETH.
This is a classic healthy pullback day, not a trend break. Both majors are cooling momentum after last week's squeeze.
1. BITCOIN (BTC) — ~ $84,250 (-2.58%)
*Structure:*
BTC broke down from a short-term bullish wedge and perfectly retested the old bear market high at *$82,825* as support. That level is confluence of horizontal support + 0.618 Fibonacci + descending trendline retest — textbook bounce zone.
*Momentum:*
- *Daily RSI:* Cooled from >70 (overbought during breakout) to around *65-62* today. Still bullish, just less stretched — healthy.
*Key Levels:*
- *Immediate Resistance:* $85,000 (breakout level flipped) → $90,000 → psychological $100k
- *Immediate Support:* $83,500 - $84,000 current demand → *$82,000* (must-hold) → $81,700 (0.786 Fib) → $76,096 (50-day EMA)
2. ETHEREUM (ETH) — ~ $2,679 (-2.99%)
*Structure:*
ETH completed a breakout above *$2,661* — a bullish continuation pattern targeting ∼$3,050, but is facing rejection at the $2,775-$2,825 supply zone.
*Momentum:*
- *14-day RSI:* Hit near 72 on run to $2,800, now eased to *67.72*, still 6.5 points above its MA at 61.21 — cooling from overbought, trend intact.
- *Weekly RSI:* 64.11, rising from 30-40 oversold earlier in 2026, MA at 48.64 — improving but not at 2021/2025 top extremes.
*Key Levels:*
- *Resistance:* $2,786 → $2,894 → $3,177 (then $3,050 measured target)
- *Support:* $2,626 (recent horizontal) → 20-day EMA cluster $2,549-$2,564 → $2,431 → 50-day $2,381 → $2,438 Fibonacci (weekly 0.618) — losing $2,438 flips September bearish
Summary — How I'm Reading Today
- *Trend:* Bullish on daily/weekly, bearish on 1H/15m. This is a *higher-low building* phase, not a reversal. Price is trying to find a higher low above EMA50 to regain momentum.
- *Best case:* BTC holds $82k-$84k, ETH holds $2,544-$2,626 → rotation back to $90k BTC / $3k ETH.
- *Worst case:* BTC daily close below $81,700 and ETH weekly close below $2,438 — re-opens $75k for BTC and $2,200-$2,000 for ETH.