Market Direction

BTC, ETH, and More: Double Bottoms and a Critical Bounce

Published: Oct 20, 2025

Markets rebound off key lows, BTC and major alts flash double bottom signals. Will support hold for a broader rally or is more downside ahead?

Disclaimer: This analysis is for informational purposes only and not financial advice.

TLDR:

BTC: False breakdown below $108k, needs to hold $108k-$110k to remain bullish. Eyes on $114k, $119k next. Breakdown below $107k targets $102k.
ETH: Bounce from $3,750, resistance at $4,060, next aim $4,250. Loss of $3,700 opens $3,400-$3,500 test.
SOL: Double bottom in play above $178; $213 breakout could open $237+. Breakdown below $175 turns focus to $155-$120.
HYPE: Potential double bottom, weaker bounce. Next upside $43-$44, breakdown below $35.5 could revisit $32 or $28.
AURA: Rangebound $0.065–$0.1, grinding higher. Reclaiming $0.1 and 200-day signals jump to $0.15, breakdown below $0.05 brings dip-buyers.

Watch our full Market Breakdown video below to see how we’re positioning across BTC, ETH, SOL, HYPE, and AURA this week. We’ll walk through each chart, the exact breakout levels to watch, and what signals could confirm the next major move.

BTC:

Price Range: $108,000 – $124,000
Bias: Neutral to Bullish
Resistance and Key Level to Reclaim: $114,000 - $115,000
Support Zone: $108,000 – $110,000
Breakdown Trigger: $107,000 – $108,000

BTC currently appears to have had a false breakdown (price breaks below a key support level but quickly reverses back above it) below our support around $108k-$110k, depending on how it closes today. This would put BTC back in the $108k-$124k range. Next targets to the upside are $114k and $119k.

If $108k-$110k is lost, we would target $102k. If it breaks below $98k-$100k, things get a bit riskier, and it could damage our bullish thesis since it would break the market structure on longer timeframes. But if $108k-$110k holds, BTC looks good again.

Also, note that the BTC low was at the 200-Day EMA+SMA (long-term important moving averages) on the CME chart (which is the most used chart by institutions). All major lows for the past 3 years have occurred around the 200-Day EMA+SMA on the CME chart.

Technical analysis

False breakdown below $108k-$110k support appears to have resolved back into range
Upside reaction targets $114k, $119k; below $108k opens move to $102k
200-Day EMA+SMA continues to serve as macro price floor

https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2025/10/unnamed-187.png

Cryptonary's take

BTC looks like a false breakdown below our support at $108k. Many alts look very promising with possible double bottoms that would confirm if BTC holds support.

Next Support: $108,000–$110,000
Next Resistance: $114,000-$115,000
Direction: Neutral to Bullish
Upside Target: $119,000
Downside Target: $102,000

ETH:

Price Range: $3,750 – $4,250
Bias: Neutral to Bullish
Resistance: $4,250
Support Zone: $3,750 – $3,850
Breakdown Trigger: $3,700

ETH tested the lower end of our support area at $3,750 but held. It's now back at the first resistance around $4,060. ETH is still following BTC. If BTC holds support, we expect ETH to test $4,250 next. To make a bullish case, we need to reclaim $4,250 and then aim for $4,800. A break below $3,700 would target the $3,400-$3,500 area, which is important because there's a daily order block, the 200D EMA, and the low of Friday’s wick that could trigger a reaction.

Technical analysis

Held key $3,750 support, bounced to resistance at $4,060
Bullish scenario: reclaim $4,250 and advance to $4,800
Bearish scenario: break $3,700 opens $3,400-$3,500 test

Cryptonary's take

ETH holds structure above $3,750, mirroring BTC. Next steps hinge on BTC's ability to hold support.

Next Support: $3,750–$3,850
Next Resistance: $4,250
Direction: Neutral to Bullish
Upside Target: $4,800
Downside Target: $3,400-$3,500

SOL:

Price Range: $178 – $210
Bias: Neutral to Bullish
Resistance and Key Level to Reclaim: $213
Support Zone: $178 – $190
Breakdown Trigger: Break below $175

SOL tested and held the lower end of our support area at $178, right where the 200D SMA was. SOL could be forming a double bottom (bullish reversal pattern where price forms two equal lows before breaking above the resistance between them, signaling a potential trend shift upward). If SOL breaks $213, this would confirm the double bottom and push us to $237 and beyond. If SOL breaks below $175, it could move to the $120-$190 range. If SOL weakens below $175, people will start looking at the $155 mid-range area and the $120 bottom of the range.

Technical analysis

Double bottom holding above $178, eyes on $213 trigger
Breakout above $213 targets $237+
Breakdown below $175, range opens down to $120

Cryptonary's take

SOL's structure is constructive as long as $178 support holds. Watch for a confirmation move above $213 for bullish momentum.

Next Support: $178–$190
Next Resistance: $213
Direction: Neutral to Bullish
Upside Target: $237
Downside Target: $155–$120

HYPE:

Price Range: $36 – $44
Bias: Neutral
Resistance and Key Level to Reclaim: $43–$44
Support Zone: $36.5–$37.5
Breakdown Trigger: Break below $35.5

HYPE may also have a double bottom with a daily bullish RSI divergence, but the bounce looks less strong than BTC, ETH, and SOL for now. The next resistance is around $43-$44. If HYPE breaks below $35.5, it could retest Friday's wick at $32, and the next support would be around $28. That would be a great entry point.

Technical analysis

Potential double bottom, RSI bullish divergence
Resistance at $43–$44 is key for further upside
Break below $35.5 opens $32, then $28

Cryptonary's take

HYPE needs to clear $43 and hold above $37.5 to build a stronger base. Weak bounce could present dip buy zones at $32-$28.

Next Support: $36.5–$37.5
Next Resistance: $43–$44
Direction: Neutral
Upside Target: $44+
Downside Target: $32–$28

AURA:

Price Range: $0.065 – $0.1
Bias: Bullish
Resistance and Key Level to Reclaim: $0.1
Support Zone: $0.065
Breakdown Trigger: Break below $0.05

AURA is hovering around $0.078, bouncing between the $0.10 resistance and the $0.065 support. AURA appears to be in a re-accumulation phase. If we reclaim $0.1 resistance and the 200-Day EMA+SMA (a crucial long-term trend indicator), we could see a jump to $0.15 and beyond. A break below $0.05 would attract the attention of investors looking for a dip-buying opportunity. However, we don’t think that’s going to happen.