Ethereum traded above the $2,000 per coin range on Friday afternoon, as 
derivatives markets flashed a mix of caution and crowding across futures and 
options. Futures open interest edged lower intraday while options data showed 
traders clustering around key strikes, setting the stage for potential price 
compression. Ethereum Options Positioning Points to Compression Near Max […]

Ethereum Derivatives Data Shows Heavy Positioning Near $2,000

Friday&#8217;s market saw a notable recovery in cryptocurrency prices, with Bitcoin 
and Litecoin leading the charge.

What’s surging Friday? Bitcoin, Litecoin lead the crypto rebound

Bitcoin (BTC) has officially entered a new bear market after suffering a steep 
50% decline from its all‑time high. The leading crypto fell as low as $60,000, 
marking its weakest level since October 2024 and intensifying debate over how 
much further prices could slide before the next long‑term bottom is reached. 
As markets search for direction, crypto market expert NoLimit has shared a 
detailed framework outlining when and where he believes Bitcoin could 
ultimately bottom in this cycle. Rather than focusing solely on price targets, 
NoLimit argues that time plays an equally important role in identifying major 
turning points in Bitcoin’s market cycles. Potential Bitcoin Low In Oct–Nov 
According to his analysis, past Bitcoin bear markets show a relatively 
consistent pattern when measured from all‑time highs to cycle lows. Following 
the first Halving cycle in 2012, Bitcoin reached its bottom after 406 days. 
Related Reading: Bitcoin Crash Exposes Colossal Corporate Losses — Here’s 
Who’s Most Impacted The second Halving cycle in 2016 saw a bottom after 363 
days, while the third cycle following the 2020 Halving bottomed after 376 
days. The current cycle, following the 2024 Halving, has not yet completed 
this process. Based on these historical timeframes, NoLimit believes there is 
a high statistical likelihood that Bitcoin’s next major capitulation point 
will occur between October and November 2026. What NUPL Data Suggests In his 
analysis, NoLimit also highlighted an institutional‑grade on‑chain indicator 
known as Net Unrealized Profit/Loss, or NUPL. Historically, when NUPL enters 
what is referred to as the “blue zone,” Bitcoin has reached generational lows. 
Related Reading: Analyst Who Predicted XRP’s 600% Rally Forecasts The Bottom 
And A Target Of $10 This signal successfully identified the bottom during the 
2018 bear market, the COVID‑19 crash, and the 2022 market low. According to 
NoLimit, Bitcoin has not yet entered this zone in the current cycle and 
remains some distance away from it. Taking all factors into account, NoLimit 
said he would not be surprised to see Bitcoin trading between $45,000 and 
$50,000 by the end of 2026. He described that range as his ultimate bottom 
target. Featured image from OpenArt, chart from TradingView.com

Expert Predicts Bitcoin Price Could Fall To $45,000 By End Of 2026

XRP’s current pullback has diverted attention away from short-term volatility 
and back toward the bigger picture on the chart. The cryptocurrency is now 
down by over 60% from its July all-time high, and the decline is showing signs 
of more downside. As the price continues to break below support levels, one 
analyst whose earlier outlook preceded a major XRP rally says the 
cryptocurrency may be approaching a bottom for another accumulation phase. 
Analyst Points To A New Accumulation Phase XRP&#8217;s recent price action has seen 
many analysts projecting a bottom where the decline might end. However, a 
technical analysis of XRP&#8217;s price action on the 2-week candlestick timeframe 
chart, which was posted on the social media platform X, frames the current XRP 
price action as an entry into an accumulation zone. Related Reading: XRP Price 
Falls Below $1.6: You Won’t Believe What Institutions Are Doing Amid The Crash 
According to the analysis, XRP has now corrected roughly 58% from its recent 
peak, placing it directly inside what he calls the first accumulation zone 
between $1.50 and $1.30. The outlook by Crypto Patel is that this area is not 
about catching an exact bottom but about building exposure gradually as the 
price stabilizes. Based on this, the analyst predicted that XRP&#8217;s decline will 
bottom somewhere between $1.5 and $1.3, and this is a great time to start 
buying slowly at these levels. However, Patel’s outlook also accounts for a 
deeper drawdown scenario. Should XRP lose the $1.30 region, then the next 
focus is in a secondary accumulation band between $0.90 and $0.70. 
Nonetheless, a move into that lower range would still not invalidate the 
bullish thesis. Instead, it would represent what he describes as the best 
long-term accumulation opportunity for maximum profits. The $10 Target Is 
Still In Play XRP&#8217;s current price action is a far stretch from reaching $10, 
and that target seems out of reach at the moment. However, despite adopting a 
near-term caution, many analysts have not changed their long-term projections. 
Related Reading: XRP’s 173-Day Theory: What Happens If This Historical Trend 
Plays Out Again Patel, for example, noted that his long-term target is $10. 
Although the $10 target remains the same, the analyst noted that buying at $3 
or $2 is not ideal since there are opportunities for entries at $1.50-$1 
during hard dips for much bigger returns. To support his confidence, Patel 
pointed back to his previous cycle call, where he shared an XRP setup around 
$0.50 during the last bear market. That setup preceded a rally to $3.66, 
delivering gains of over 600%. XRP&#8217;s price action in the past 24 hours is 
characterized by a crash from an intraday high of $1.44 to an intraday low of 
$1.14. The cryptocurrency is now back to trading at $1.30 at the time of 
writing, 670% away from reaching the $10 price target. Featured image from 
Getty Images, chart from Tradingview.com

Analyst Who Predicted XRP’s 600% Rally Forecasts The Bottom And A Target Of $10

Bitcoin price soared back above $71,000 but BTC options data shows pro traders 
are still extremely cautious about the sustainability of the rebound rally. Is 
the sell-off really over?

Cryptocurrency price in NZD