Bitcoin Targets $100K as Volatility Contracts; Ether, XRP, and SOL Show Strength
Bitcoin’s 30-day implied volatility index (BVIV) has dropped sharply to 48, falling below the bullish trendline established since September lows. The decline points to fading panic and suggests further volatility compression may be ahead. At the same time, the US Dollar Index (DXY) is trending downward, providing additional support for BTC upside. The negative correlation between spot prices and volatility has remained largely intact since last November.
BTC Technical Outlook
BTC reclaimed Friday’s high of $93,104 as support, holding above the Ichimoku cloud on the hourly chart. The next bullish move may be triggered by a MACD histogram crossover, with the $98,000–$100,000 range as the next key resistance. A breakdown below the Ichimoku cloud would challenge the current bullish momentum.
XRP
XRP is forming a base near $2.20 after moving above the Ichimoku cloud earlier this week. Although the hourly MACD shows a bearish crossover, price stability indicates underlying strength and supports continued upside potential.
Ether (ETH)
ETH continues rising following a confirmed bear trap, with two consecutive green daily candles signaling strong buyer control. The daily MACD remains positive, suggesting further gains toward the October 10 low near $3,510. Short-term retracements to $3,100 may occur as the hourly MACD nears a bearish crossover.
Solana (SOL)
SOL is consolidating near the upper boundary of its sideways channel at $144.74. A breakout above this level could drive prices toward $165, though an hourly MACD bearish crossover hints at potential short-term pullbacks or extended consolidation before a decisive move.
