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Bitcoin, Ether, and XRP show short-term exhaustion signals after recent drops, but no clear market bottom yet.

Technical Signals
08 Oct 2026
Tokenpost
View Source
Neutral
Bitcoin, Ether, and XRP show short-term exhaustion signals after recent drops, but no clear market bottom yet.

Bitcoin, Ether, and XRP all flashed four-hour TD Sequential signals indicating possible short-term exhaustion after recent steep declines, with Bitcoin dropping over 5% and Ether over 7%. Key technical levels for Bitcoin range around $81,000 to $83,300, while Ether and XRP have defined recovery and downside zones. Despite these signals suggesting a potential pause in the declines, confirmation requires sustained buying in subsequent periods. The Federal Reserve's indication of likely further rate hikes adds uncertainty, meaning these signals do not confirm a broader market reversal yet.

As of Oct 08, 2026 16:21 WIB, Bitcoin trades at Rp1.482.368.193 on Pluang with a 1-day decline of 1.20%. XRP is priced at Rp25.222, down 3.30% in the same period. Despite recent signals of short-term exhaustion, Pluang data shows a majority of buy orders for both assets, with 63% for Bitcoin and 84% for XRP, indicating ongoing investor interest.

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