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Bitcoin, Ethereum, and XRP show buy signals after sharp drops, hinting at possible rebounds amid ongoing selling pressure.

Technical Signals
08 Oct 2026
Crypto news
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Neutral
Bitcoin, Ethereum, and XRP show buy signals after sharp drops, hinting at possible rebounds amid ongoing selling pressure.

Bitcoin, Ethereum, and XRP have all triggered four-hour TD Sequential buy signals following recent sharp price declines, suggesting potential early rebounds. Bitcoin fell 5.55% from its October 5 high, with key support near $81,000 to $83,300, while Ethereum dropped 7.36%, eyeing recovery targets around $2,620 to $2,650. XRP also flashed a buy signal near $1.40 support after sliding from $1.53 to $1.39. However, these signals are not confirmed yet, as trading volumes remain thin and selling pressure persists. Federal Reserve minutes indicate possible further rate hikes, adding macro uncertainty. Confirmation of rebounds depends on upcoming price action and broader market conditions.

Bitcoin holds a market cap of Rp29.786,54 trillion on Pluang as of Oct 08, 2026 16:21 WIB, with a 24-hour volume of Rp632,71 trillion and a slight 1-day price drop of 1.20%. Ethereum's market cap stands at Rp5.593,86 trillion, with a 1-day decline of 1.80%, while XRP shows strong buying interest with 84% buy orders and a market cap of Rp1.591,41 trillion. These figures highlight ongoing active trading and investor interest despite recent price declines and the cautious signals noted in the news.

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