FeesSafety
Pluang+

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

Technical Signals
08 Oct 2026, 12:10 WIB
Crypto news
View Source
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.

More News (BTC)

Bitcoin faces pressure as Democratic sweep raises uncertainty despite sentiment rebound.

Bitcoin faces pressure as Democratic sweep raises uncertainty despite sentiment rebound.

The recent Democratic sweep of both houses in Congress has increased political certainty but has not strengthened Bitcoin's market fundamentals. Retail sentiment has turned bearish, with Bitcoin's price struggling to recover above $77,000 amid weak b...

Market News
Bearish
6 hours ago
XRP leads with 4.56% rise in open interest among five crypto perpetual futures.

XRP leads with 4.56% rise in open interest among five crypto perpetual futures.

XRP saw the largest 24-hour increase in open interest at 4.56% among five major crypto perpetual futures, including Bitcoin, Ether, Solana, and Dogecoin. All assets had a positive funding rate of 0.0100% per eight-hour period, favoring short position...

Bullish
7 hours ago
Spot Bitcoin ETFs saw $1.16B outflows in 3 days amid market uncertainty and Binance breach.

Spot Bitcoin ETFs saw $1.16B outflows in 3 days amid market uncertainty and Binance breach.

Between October 30 and November 3, Spot Bitcoin ETFs experienced significant net outflows totaling about $1.16 billion, driven largely by BlackRock's IBIT. Ethereum spot ETFs also faced continuous withdrawals, with $656.4 million outflows over seven ...

Bearish
7 hours ago
Bitcoin tests key resistance level; a break above could signal end of selling phase post-Binance hack.

Bitcoin tests key resistance level; a break above could signal end of selling phase post-Binance hack.

Bitcoin is currently testing a resistance level referred to as Level 2 by trader Doctor Profit. He suggests that if Bitcoin can close above this level on a daily basis, it may indicate that the market has absorbed the panic selling caused by the Bina...

Technical Signals
Bullish
8 hours ago
Bitcoin's BIP-54 proposal aims to fix four consensus bugs in a potential next soft fork.

Bitcoin's BIP-54 proposal aims to fix four consensus bugs in a potential next soft fork.

Bitcoin's proposed upgrade, BIP-54, targets four long-standing bugs in its consensus rules through a backward-compatible soft fork. These fixes address a time-warp exploit in difficulty adjustment, slow-to-validate "poison" blocks, vulnerabilities in...

Neutral
8 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App