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Bitcoin (BTC) started the week recovering 6% from Friday’s drop and attempting to reclaim a crucial area that could set the stage for a trend continuation. However, some analysts have advised caution as BTC’s next leg up could be delayed until December. Bitcoin To Move Sideways Until December? After the end-of-week market downturn, Bitcoin has bounced to the $110,000 level and is attempting to turn this area into support again. Notably, the flagship crypto has been trading within the $108,000-$120,000 price range since July. Last week, BTC recorded its second drop below the range lows, falling to the $103,500 mark on Friday. Over the weekend, the cryptocurrency’s price stabilized and reclaimed the $106,000-$108,000 area. Now, Bitcoin has recovered 6.2% from the recent lows and could potentially target higher levels in the short term. Analyst Crypto Kaleo pointed out that BTC’s multi-year ascending trendline has held as support despite the recent retest and overall sentiment turning bearish, suggesting that investors should “be more bullish.” Similarly, Sjuul from AltCryptoGems highlighted that despite the current market sentiment, which shows the Fear and Greed index remains at fear levels, the flagship crypto is “still perfectly holding that flipped resistance level,” around $108,000, and is holding it as support. “Not sure if this is the place to turn bearish. Support is support, until it is not,” the analyst affirmed. Altcoin Sherpa also shared a positive outlook, emphasizing that BTC’s chart doesn’t look “that bad when you zoom out,” as it remains in the same multi-month price range and could challenge the $114,000-$115,000 area. Nonetheless, the analyst cautioned that it may be “too early to really call any sort of bullish reversal,” forecasting that the cryptocurrency will likely see “a ton of chop over the next 6-8 weeks, and we range between 100k-115k and hopefully have a nice December.” $114,000-$116,000 Area Remains Key Rekt Capital stated that as long as the price holds the current levels, it could move to the $114,000 area for a key trend continuation across its range and potentially revisit the highs. To achieve this, the analyst explained that Bitcoin must reclaim its 21-week Exponential Moving Average (EMA) as support, which was lost after Sunday’s close below the $110,000 mark. The 21-week EMA has served as support during pullbacks since late Q2. He explained that the cycle has been one of downside deviations, with price weekly closing below key levels and positioning for a bearish retest before successfully reclaiming these levels as support and rallying higher. Based on this, “it’s not a given that price will reject from the 21-week EMA.” The analyst also shared an outlook for BTC’s range in the monthly timeframe, where it has been consolidating while upside wicking beyond the range high and downside wicking below the range low since July. “As part of this consolidation, there is a potential Lower High developing which isn’t yet solidified; the upcoming Monthly Close will inform more about whether that indeed will become a resistance,” he detailed Rekt Capital concluded that a monthly close above the Lower High would invalidate the potential setup, and a close above the range high resistance would position Bitcoin for a range breakout, “especially if a November post-breakout retest of $116k into new support takes place.” As of this writing, Bitcoin is trading at $110,850, a 2% increase in the daily timeframe.

[Crude Oil] – [Tuesday, October 21, 2025] Although both EMAs are still forming a Death Cross, which indicates that the bias is still weakening, the appearance of Hidden Divergence on the RSI indicates the potential for strengthening momentum to emerge in the near future. Key Levels: 1. Resistance. 2 : 58.63 2. Resistance. 1 : 58.02 3. Pivot : 57.18 4. Support. 1 : 56.57 5. Support. 2 : 55.73 Tactical Scenario: Pressure Zone: If #CL breaks down and closes below 57.18, it may continue its decline toward 56.57. Momentum Extension Bias: If 56.57 is breached and closes below, #CL could attempt to test the next support level at 55.73. Invalidation Level / Bias Revision: The downside bias is invalidated if Crude Oil strengthens and breaks and closes above 58.63. Technical Summary: EMA(50) : 57.30 EMA(200): 57.91 RSI(14) : 52.42 + Hidden Bullish Divergent Economic News Release Agenda: There are no economic data releases expected today during the U.S. trading session. The material has been provided by InstaForex Company - www.instaforex.com

[Natural Gas] – [Tuesday, October 21, 2025] Although there is the potential for a weakening correction with the appearance of Bearish Divergence in the RSI, the condition of the EMA(50) & EMA(200) which are Golden Crosses provides an opportunity to continue strengthening. Key Levels: 1. Resistance. 2 : 3.620 2. Resistance. 1 : 3.520 3. Pivot : 3.329 4. Support. 1 : 3.229 5. Support. 2 : 3.038 Tactical Scenario: Positive Reaction Zone: If #NG strengthens and breaks through and closes above 3.520, it may attempt to test 3.620. Momentum Extension Bias: If 3.620 is broken and closes above, Natural Gas could continue to 3.811. Invalidation Level / Bias Revision: The upside bias weakens if Natural Gas declines and breaks and closes below 3.038. Technical Summary: EMA(50) : 3.299 EMA(200): 3.143 RSI(14) : 59.60 + Bearish Divergent Economic News Release Agenda: There are no economic data releases expected today during the U.S. trading session. The material has been provided by InstaForex Company - www.instaforex.com

Solana started a fresh decline from the $208 zone. SOL price is now consolidating losses below $200 and might decline further below $182. SOL price started a fresh decline below $212 and $200 against the US Dollar. The price is now trading below $200 and the 100-hourly simple moving average. There was a break below a key rising channel with support at $188 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start another increase if the bulls defend $182 or $175. Solana Price Dips Again Solana price extended gains above $200 and $202, like Bitcoin and Ethereum. SOL even surpassed $210 before the bears appeared. A high was formed near $208 and the price dropped. There was a move below $200 and $182. A low was formed at $174, and the price recently attempted a minor recovery wave. It climbed above the 50% Fib retracement level of the downward move from the $208 swing high to the $174 low. However, the bears remained active below $195. They protected the 61.8% Fib retracement level of the downward move from the $208 swing high to the $174 low. SOL is again moving below $190. Besides, there was a break below a key rising channel with support at $188 on the hourly chart of the SOL/USD pair. Solana is now trading below $188 and the 100-hourly simple moving average. If there is a recovery wave, the price could face resistance near the $188 level. The next major resistance is near the $195 level. The main resistance could be $200. A successful close above the $200 resistance zone could set the pace for another steady increase. The next key resistance is $208. Any more gains might send the price toward the $215 level. Downside Continuation In SOL? If SOL fails to rise above the $195 resistance, it could continue to move down. Initial support on the downside is near the $182 zone. The first major support is near the $175 level. A break below the $175 level might send the price toward the $165 support zone. If there is a close below the $165 support, the price could decline toward the $150 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $182 and $175. Major Resistance Levels – $195 and $200.

Boa noite, traders. Enquanto o preço do ouro (XAU/USD) e da prata (XAG/USD) continua sua ascensão meteórica, uma questão fundamental persiste nos bastidores do mercado de metais preciosos: a disponibilidade real de metal físico nos cofres das grandes instituições. Os dados da LBMA (London Bullion Market Association), embora mostrem certas quantidades em seus registros, começam a levantar sérias dúvidas sobre a liquidez "free-float" (disponível para entrega imediata) de ouro e, especialmente, prata. Por Igor Pereira, Analista de Mercado Financeiro, Membro Junior WallStreet NYSE Vamos desmistificar os números e entender a verdadeira pressão de oferta que impulsiona os preços. 1. A Contagem Regressiva para o Ouro Físico da LBMA O gráfico da LBMA de estoques de ouro revela uma leve alta e depois estabilização em setembro de 2025 (próximo a 280.000 onças troy), mas a interpretação vai muito além dos números superficiais: Entregas de abril (T+150): A lógica sugere que a LBMA provavelmente acabou de entregar as obrigações de ouro devidas aos compradores de abril (considerando um prazo T+150 dias). O Que Resta? A pergunta crucial então é: e os compradores de ouro da LBMA de maio, junho, julho, agosto e setembro? Se a demanda continuou forte e as entregas de abril já foram um desafio, o que resta para as entregas futuras? Ameaça de Estoque Baixo: Esta dinâmica sugere que a LBMA pode estar prestes a operar com estoques físicos REAL de ouro "free-float" super baixos. Minha Análise (Igor Pereira): O mercado de ouro de Londres é a espinha dorsal do sistema de precificação global. Se mesmo uma instituição do porte da LBMA estiver lutando com a disponibilidade de metal físico "free-float", isso é um sinal de alerta de proporções históricas. Os números reportados podem incluir ouro que já está prometido ou alocado para outros fins, não estando realmente disponível para novas compras imediatas. 2. A Mentira Revelada: Prata da LBMA Perto de Zero A situação da prata é ainda mais alarmante: LBMA Reporta: Segundo a LBMA, seus cofres "ainda têm" quase 800.000 onças troy de prata física. A Realidade: Contudo, como temos discutido e com as notícias recentes vindo da China (Yongxing sem estoque), agora é de conhecimento geral que a flutuação física REAL da prata da LBMA está próxima de zero. Os números reportados não refletem o metal efetivamente disponível para o mercado. Squeeze Confirmado: Esta discrepância massiva entre os relatórios e a realidade de mercado é a prova definitiva do "squeeze" físico na prata. 3. Por Que o Preço do Ouro (e Prata) Está Disparando? A verdadeira razão para a rápida valorização do ouro e da prata não é apenas a desvalorização fiduciária, como abordamos em análises anteriores. É também, e fundamentalmente, uma crise de oferta física subjacente. Inacessibilidade Crescente: Com a demanda global (varejo, institucionais, bancos centrais) explodindo e a oferta "free-float" minguando nas grandes bóias do mercado, o metal físico está se tornando progressivamente mais escasso e mais caro de se obter. Desconfiança no Papel: A crescente percepção de que há muito mais "papel-ouro" e "papel-prata" do que metal físico disponível para entrega alimenta a corrida pelo ativo tangível, elevando os prêmios e o preço. Conclusão de Igor Pereira: A Convergência da Crise Os dados da LBMA, quando lidos criticamente e contextualizados com o que observamos nos mercados de varejo da China, pintam um quadro sombrio para a disponibilidade de ouro e prata físicos. A aparente "abundância" nos relatórios é um engodo. Este é um momento crítico. O ouro e a prata estão subindo rapidamente não apenas pela erosão do poder de compra das moedas fiduciárias, mas também porque o mercado está começando a perceber que o metal físico está desaparecendo do sistema. Para os traders e investidores do ExpertFX Club, esta é a confirmação mais forte de que estamos no epicentro de um aperto de metais preciosos. Posicionem-se adequadamente. A era do ouro e da prata acessíveis está terminando.

Boa noite, traders. O cenário macroeconômico global continua a ser moldado pelas projeções e movimentos dos grandes bancos de investimento. Duas notícias quentes de Wall Street acabam de ser divulgadas, com implicações significativas para os mercados de energia e o próprio setor financeiro. Por Igor Pereira, Analista de Mercado Financeiro, Membro Junior WallStreet NYSE Vamos aos destaques: 1. Goldman Sachs e a Projeção de Queda para o Petróleo Brent A Projeção: O Goldman Sachs, uma das mais influentes instituições financeiras do mundo, acaba de publicar uma projeção notável: os preços do petróleo Brent podem cair para US$ 52 por barril no quarto trimestre do próximo ano. Implicações: Economia Global: Uma queda tão acentuada nos preços do petróleo seria um "alívio" para a inflação global e para os custos de energia, o que poderia impactar positivamente consumidores e indústrias que dependem fortemente de energia. Produtores de Petróleo: Para países e empresas produtoras de petróleo, essa projeção sinaliza um cenário de receita muito mais apertado, podendo levar a cortes na produção e investimentos. Mercado de Commodities: Se o Goldman estiver correto, isso pode indicar uma desaceleração da demanda global, ou um aumento inesperado na oferta, que é um ponto crítico a monitorar para outros mercados de commodities. Minha Análise (Igor Pereira): O Goldman Sachs é um player que move o mercado com suas projeções. Uma meta de $52/barril para o Brent até o final do próximo ano é consideravelmente pessimista e sugere que a equipe de commodities do Goldman vê uma desaceleração econômica mais pronunciada ou uma resolução das tensões geopolíticas que afetam a oferta, permitindo um excesso de oferta. Este é um dado crucial para quem acompanha o macro. 2. J.P. Morgan Rebaixa Goldman Sachs, Aumenta Price Target A Ação: O J.P. Morgan, outro gigante do setor, rebaixou a recomendação de Goldman Sachs para "neutra", ao mesmo tempo em que elevou seu preço-alvo para US$ 750. A Contradição Aparente: À primeira vista, rebaixar a recomendação e aumentar o preço-alvo pode parecer contraditório. No entanto, isso geralmente indica que: A ação (Goldman Sachs) já teve uma valorização significativa, atingindo ou se aproximando do que o J.P. Morgan considera seu "valor justo" (fair value). Apesar de ainda ver potencial de alta (preço-alvo mais alto), o JP Morgan não vê mais um catalisador imediato para um crescimento explosivo que justificaria uma recomendação de "compra" mais agressiva. A ação pode ser "bem precificada" para os riscos e oportunidades atuais. Minha Análise (Igor Pereira): Este é um movimento típico de analistas de "sell-side" quando uma ação teve uma boa performance. Eles reconhecem o valor (aumentando o preço-alvo), mas ajustam a recomendação para refletir um potencial de valorização mais moderado a partir dos níveis atuais, ou uma relação risco/recompensa menos atraente no curto prazo. É um sinal de que o J.P. Morgan vê o Goldman Sachs como uma empresa sólida, mas talvez sem o "vento nas costas" para outperformar significativamente o mercado em breve. Conclusão de Igor Pereira: Um Cenário de Contraste e Cautela As projeções do Goldman para o petróleo contrastam com a euforia vista em outros setores, enquanto o J.P. Morgan nos lembra que mesmo as gigantes de Wall Street têm seus limites de valorização no curto prazo. Para o trader, esses movimentos sublinham a importância de: Observar as commodities: As projeções para o petróleo podem ser um prenúncio de tendências econômicas mais amplas. Analisar o fluxo institucional: As recomendações e os preços-alvo dos grandes bancos ainda são drivers importantes para o setor financeiro e para o sentimento geral do mercado. O cenário continua complexo, exigindo uma análise constante e profunda dos múltiplos fatores que influenciam as grandes tendências.

XRP price started a recovery wave above $2.40. The price is now facing resistance near $2.5350 and at risk of a fresh decline. XRP price is moving lower from the $2.5350 zone. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.420 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $2.5350 resistance. XRP Price Faces Resistance XRP price formed a base above $2.20 and started a recovery wave, like Bitcoin and Ethereum. The price surpassed the $2.350 and $2.40 resistance levels. The bulls were able to push the price above $2.50, and the 50% Fib retracement level of the downward move from the $2.647 swing high to the $2.190 low. However, the bears remained active near the $2.5350 level and prevented more gains. The price failed to clear the 76.4% Fib retracement level of the downward move from the $2.647 swing high to the $2.190 low. It is again moving below $2.50. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. Besides, there is a connecting bullish trend line forming with support at $2.420 on the hourly chart of the XRP/USD pair. If there is a fresh upward move, the price might face resistance near the $2.480 level. The first major resistance is near the $2.50 level, above which the price could rise and test $2.5350. A clear move above the $2.5350 resistance might send the price toward the $2.580 resistance. Any more gains might send the price toward the $2.650 resistance. The next major hurdle for the bulls might be near $2.720. Another Drop? If XRP fails to clear the $2.50 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.420 level. The next major support is near the $2.40 level. If there is a downside break and a close below the $2.40 level, the price might continue to decline toward $2.350. The next major support sits near the $2.320 zone, below which the price could continue lower toward $2.250. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.420 and $2.40. Major Resistance Levels – $2.50 and $2.5350.

The Bitcoin price showed some signs of recovery at the start of the week, trading above the $110,000 mark. This uptick follows two consecutive Fridays of major drops, igniting fears and uncertainty among investors. These concerns have been compounded by predictions from experts about a potential bear market on the horizon. Looming Bear Market Threat Market analyst Doctor Profit, known for his accurate forecasts regarding the recent Bitcoin price trajectory, has recently cast doubt on whether market makers will allow both retail and institutional investors to exit at more favorable prices after incurring losses. In a social media post on X (previously Twitter), he suggested that the maximum bullish scenario for the Bitcoin price in the near-term could reach around $116,500, representing a 9% increase from its current levels. However, he emphasizes that a drop below $101,700 would breach what he terms the “magic bull market line,” effectively confirming a bear market. Profit advises caution, predicting a significant move that could push the Bitcoin price below this critical threshold, signaling the end of the bull run. Adding to the bearish sentiment, the Bitcoin price is currently hovering below the short-term holder realized price of $112,500. This figure represents the average entry point for short-term traders and buyers, many of whom are now facing losses. On-chain data compiled by the expert also indicates that these traders are likely to sell off their positions if the Bitcoin price dips between 5% and 10%, potentially intensifying short-term selling pressure. Challenging Times Ahead For Bitcoin Price Profit further elaborates on the market conditions, pointing out that current price movements are indicative of market makers liquidating both bullish and bearish positions. “Nothing goes down in a straight line,” he notes, suggesting that while the market could be in a bear market, it is essential to remain aware of short-term fluctuations. He argues that high-leverage traders must be wiped out on both sides before the market experiences its next significant downward movement. The expert also warns that every brief rally is designed to mislead bullish traders and liquidate late bearish positions. The market makers’ strategy appears to involve pushing Bitcoin toward the $116,500 region to eliminate late bears and generate sufficient liquidity for another downward price adjustment, potentially leading to new local lows. Looking ahead, Doctor Profit predicts that such price movements will continue to recur in the coming weeks and months, creating a challenging environment for investors in the volatile digital asset market. Featured image from DALL-E, chart from TradingView.com

Macroeconomic Report Overview: No macroeconomic reports are scheduled for Monday. As such, traders are once again left to monitor comments from Donald Trump. However, the market has recently been largely indifferent to the U.S. President's remarks. Even speeches by central bank officials are currently having little impact, as markets already have a clear understanding of what to expect from monetary policymakers in the near future. The only moderate area of uncertainty lies in the Federal Reserve's monetary policy outlook, but even that remains relatively limited. Fundamental Event Overview: Very few fundamental events are scheduled for Tuesday, and nearly all of them lack the potential to influence the market meaningfully. Over the past several weeks, the financial community has heard extensive commentary from the European Central Bank (ECB), Bank of England (BoE), and U.S. Federal Reserve (Fed)—leaving little ambiguity around the stance of all three institutions. Today's speech by ECB President Christine Lagarde is unlikely to affect market sentiment. Remember that inflation in the eurozone rose more than expected in September, which implies that further monetary easing is off the table. However, the ECB was not inclined toward further rate cuts even before the latest inflation report. Therefore, the data didn't change anything in terms of policy expectations. Key Takeaways: On this second trading day of the week, both major currency pairs (EUR/USD and GBP/USD) may remain trapped in low-volatility, sideways ranges. For the euro (EUR/USD), the 1.1655–1.1666 zone remains a well-defined trading area, offering the potential for both long and short positions depending on price behavior.For the British pound (GBP/USD), the 1.3413–1.3421 zone has already been broken through to the downside, opening the path toward the next target at 1.3329–1.3331.However, it's important to keep in mind that overall market volatility is low, and the macroeconomic calendar is virtually empty. Therefore, significant price movements today are unlikely. Patience and disciplined risk management will be key for traders navigating this quiet period. Key Rules of the Trading System:Signal strength is determined by how quickly it forms (bounce or breakout). The faster it forms, the stronger the signal.If two or more false signals occurred near a level, all subsequent signals from that level should be ignored.In flat markets, pairs may produce many false signals or none at all. At the first sign of flat trading, it's best to step back.Trades should be opened between the start of the European session and the middle of the U.S. session. All trades must be manually closed afterward.On the 1H timeframe, MACD signals should only be traded if supported by good volatility and a visible trend confirmed by trendlines or channels.If two levels are too close together (5–20 pips), treat them as a support/resistance zone.After gaining 15-20 pips in the correct direction, set your Stop Loss to breakeven.What's on the Charts:Support and resistance levels – key targets for entry and exit; ideal for placing Take Profit orders.Red lines – trendlines or channels highlighting the current market trend and preferred trading direction.MACD (14,22,3) – histogram and signal line – used as an additional confirmation tool for entry and exit signals.Important Note for Beginners:Major news events (always shown on economic calendars) can significantly impact currency movements. During critical news releases, trade with extreme caution—or exit the market entirely—to avoid abrupt reversals. Remember: not every trade will be profitable. Developing a well-defined trading strategy and disciplined risk/money management are essential to achieving long-term success in forex trading. The material has been provided by InstaForex Company - www.instaforex.com

Monday Trade Review:1-Hour Chart of GBP/USD On Monday, GBP/USD also traded with minimal volatility and slowly declined throughout the session. In fact, this kind of movement is not surprising—and we'd even say it was expected. There were no macroeconomic or fundamental events at all on Monday. The pair had been rising for about three days as part of a new uptrend, so a minor downward correction was completely logical. On the daily timeframe, a flat range remains firmly in place, so strong volatility and clear trend-based movements are not to be expected right now. It's also worth noting that the market has been ignoring many news events—especially those that are negative for the U.S. dollar—for about three weeks now. From our perspective, current market movements do not reflect the nature of recent news nor the broader fundamental picture in the U.S or globally. 5-Minute Chart of GBP/USD On the 5-minute chart, several trading signals were generated throughout Monday. However, none were marked on the chart as volatility barely reached 40 pips. In reality, there were hardly any meaningful movements. As we've stated before, in such low-volatility conditions, trading signals generally fail to yield profit. How to Trade on Tuesday: On the hourly timeframe, GBP/USD has finally started forming a new uptrend, which may become the next leg of the broader bullish trend. As previously mentioned, there are no strong reasons to expect sustained U.S. dollar strength, so in the medium term, we look for continuation to the upside. However, at the moment, volatility in the market has sunk to nearly zero, and the price is still showing reluctance to rise. On Tuesday, the pair may attempt to extend its upward momentum, as the trend has shifted to bullish. However, to open long positions, confirmation is required via a breakout and consolidation above the 1.3413–1.3421 zone. If that occurs, the target for long trades will be the 1.3466–1.3475 area. If the price fails to break above 1.3413–1.3421 and consolidates below it instead, traders may consider short positions. Still, overall volatility is expected to remain very low once again. On the 5-minute timeframe, the following levels should be monitored for Tuesday: 1.3102–1.3107, 1.3203–1.3211, 1.3259, 1.3329–1.3331, 1.3413–1.3421, 1.3466–1.3475, 1.3529–1.3543, 1.3574–1.3590, 1.3643–1.3652, 1.3682, 1.3763. Tuesday's economic calendar is empty for both the UK and the U.S., meaning there is unlikely to be any impactful news to trade on during the day. Key Rules of the Trading System:Signal strength is determined by how quickly it forms (bounce or breakout). The faster it forms, the stronger the signal.If two or more false signals occurred near a level, all subsequent signals from that level should be ignored.In flat markets, pairs may produce many false signals or none at all. At the first sign of flat trading, it's best to step back.Trades should be opened between the start of the European session and the middle of the U.S. session. All trades must be manually closed afterward.On the 1H timeframe, MACD signals should only be traded if supported by good volatility and a visible trend confirmed by trendlines or channels.If two levels are too close together (5–20 pips), treat them as a support/resistance zone.After gaining 20 pips in the correct direction, set your Stop Loss to breakeven.What's on the Charts:Support and resistance levels – key targets for entry and exit; ideal for placing Take Profit orders.Red lines – trendlines or channels highlighting the current market trend and preferred trading direction.MACD (14,22,3) – histogram and signal line – used as an additional confirmation tool for entry and exit signals.Important Note for Beginners:Major news events (always shown on economic calendars) can significantly impact currency movements. During critical news releases, trade with extreme caution—or exit the market entirely—to avoid abrupt reversals. Remember: not every trade will be profitable. Developing a well-defined trading strategy and disciplined risk/money management are essential to achieving long-term success in forex trading. The material has been provided by InstaForex Company - www.instaforex.com

Monday Trade Review: 1-Hour Chart of EUR/USD On Monday, the EUR/USD currency pair posted 37 pips of volatility. In short, there is little to analyze from the previous session. There were no significant or even mildly interesting macroeconomic or fundamental events throughout the day. As such, price movement was also limited. The uptrend on the 1-hour timeframe remains intact after breaking through another descending trendline, but once again, we observe a lack of enthusiasm from traders to buy the euro or take any decisive action. This suggests that while the upward movement may continue, it is likely to be extremely sluggish. On the daily timeframe, price remains locked in a flat (sideways) structure, which appears to be the root cause of ongoing market stagnation. Volatility has been declining for several weeks, and even important events now offer limited market impact. 5-Minute Chart of EUR/USD On the 5-minute chart, only one clear trading signal was generated on Monday. During the U.S. session, the price barely managed to consolidate below the 1.1655–1.1666 area, allowing novice traders to open short positions. Eight hours after the signal formed, the price had moved lower by just 10 pips. Further downside may occur today, but strong momentum is unlikely. How to Trade on TuesdayOn the 1-hour chart, EUR/USD continues to show signs of an upward trend. A descending trendline has been breached, and the fundamental and macroeconomic background remains heavily unfavorable for the U.S. dollar. Therefore, we continue to expect the resumption of the broader 2025 uptrend. However, traders must remain cautious due to the persistent flat on the daily timeframe. This flat is causing low volatility and erratic behavior on shorter timeframes. EUR/USD may move in either direction on Tuesday due to the continued lack of macro and fundamental catalysts. A short signal has already formed in the 1.1655–1.1666 area, so a moderate decline remains possible. Nonetheless, market movements are likely to remain muted—similar to Monday. On the 5-minute timeframe, the following levels should be monitored for Tuesday: 1.1354–1.1363, 1.1413, 1.1455–1.1474, 1.1527, 1.1571–1.1584, 1.1655–1.1666, 1.1745–1.1754, 1.1808, 1.1851, 1.1908, 1.1970–1.1988. In the eurozone, a speech by European Central Bank President Christine Lagarde is scheduled today, but market interest in her comments is minimal. The U.S. economic calendar is empty. Key Rules of the Trading System:Signal strength is determined by how quickly it forms (bounce or breakout). The faster it forms, the stronger the signal.If two or more false signals occurred near a level, all subsequent signals from that level should be ignored.In flat markets, pairs may produce many false signals or none at all. At the first sign of flat trading, it's best to step back.Trades should be opened between the start of the European session and the middle of the U.S. session. All trades must be manually closed afterward.On the 1H timeframe, MACD signals should only be traded if supported by good volatility and a visible trend confirmed by trendlines or channels.If two levels are too close together (5–20 pips), treat them as a support/resistance zone.After gaining 15 pips in the correct direction, set your Stop Loss to breakeven.What's on the Charts:Support and resistance levels – key targets for entry and exit; ideal for placing Take Profit orders.Red lines – trendlines or channels highlighting the current market trend and preferred trading direction.MACD (14,22,3) – histogram and signal line – used as an additional confirmation tool for entry and exit signals.Important Note for Beginners:Major news events (always shown on economic calendars) can significantly impact currency movements. During critical news releases, trade with extreme caution—or exit the market entirely—to avoid abrupt reversals. Remember: not every trade will be profitable. Developing a well-defined trading strategy and disciplined risk/money management are essential to achieving long-term success in forex trading. The material has been provided by InstaForex Company - www.instaforex.com

Ethereum price started a recovery wave above $3,950. ETH failed to clear $4,050 and recently started a fresh decline below $4,000. Ethereum started a fresh recovery above $3,880 and $3,980. The price is trading below $3,950 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $3,960 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below $3,840. Ethereum Price Fails Again Ethereum price started a decent recovery wave above the $3,800 resistance, like Bitcoin. ETH price surpassed the $3,880 and $3,980 levels to enter a short-term positive zone. The price even cleared the 50% Fib retracement level of the downward move from the $4,292 swing high to the $3,677 low. However, the bears remained active near the $4,080 resistance zone and prevented an upside continuation. The price failed to settle above the 61.8% Fib retracement level of the downward move from the $4,292 swing high to the $3,677 low. There was a fresh decline below $4,000. Besides, there was a break below a bullish trend line with support at $3,960 on the hourly chart of ETH/USD. Ethereum price is now trading below $3,960 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $3,980 level. The next key resistance is near the $4,050 level. The first major resistance is near the $4,080 level. A clear move above the $4,080 resistance might send the price toward the $4,120 resistance. An upside break above the $4,120 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,220 resistance zone or even $4,250 in the near term. Downside Break In ETH? If Ethereum fails to clear the $3,980 resistance, it could start a fresh decline. Initial support on the downside is near the $3,860 level. The first major support sits near the $3,840 zone. A clear move below the $3,840 support might push the price toward the $3,820 support. Any more losses might send the price toward the $3,680 region in the near term. The next key support sits at $3,620. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,840 Major Resistance Level – $4,050

Bitcoin price is attempting to recover above $108,000 and $108,500. BTC tested $111,800 and is currently trimming recent gains. Bitcoin started a fresh recovery wave above the $108,000 resistance level. The price is trading above $108,000 and the 100 hourly Simple moving average. There is a bullish trend line with support at $108,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it trades above the $110,500 zone. Bitcoin Price Trims Some Gains Bitcoin price started a recovery wave above the $105,500 resistance. BTC was able to surpass the $107,500 and $108,500 resistance levels. The bulls pushed the price above $110,500. There was a clear move above the 50% Fib retracement level of the recent decline from the $115,975 swing high to the $103,582 low. However, the bulls struggled to keep the price above the $111,500 level. The price is slowly moving lower from the 61.8% Fib retracement level of the recent decline from the $115,975 swing high to the $103,582 low. Besides, there is a bullish trend line with support at $108,800 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $109,000 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $110,500 level. The first key resistance is near the $111,200 level. The next resistance could be $111,500. A close above the $111,500 resistance might send the price further higher. In the stated case, the price could rise and test the $112,500 resistance. Any more gains might send the price toward the $113,200 level. The next barrier for the bulls could be $115,000. Another Drop In BTC? If Bitcoin fails to rise above the $110,000 resistance zone, it could start a fresh decline. Immediate support is near the $108,800 level and the trend line. The first major support is near the $108,000 level. The next support is now near the $107,550 zone. Any more losses might send the price toward the $106,500 support in the near term. The main support sits at $105,500, below which BTC might struggle to recover in the short term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $108,800, followed by $108,000. Major Resistance Levels – $110,500 and $111,500.

After the massive crash on October 10 – which saw Bitcoin (BTC) touch $102,000 before recovering some losses – some analysts now predict that the top cryptocurrency may be on the verge of another bullish rally as it enters the ‘disbelief phase.’ Bitcoin In Disbelief Phase – Trouble For Bears? According to a CryptoQuant Quicktake post by contributor Darkfost, Bitcoin appears to be entering the disbelief phase, which increases the possibility of a rebound to the upside. The contributor emphasized the slightly negative funding rate to support their analysis. For the uninitiated, the Bitcoin disbelief phase occurs when a new uptrend begins, but most investors remain skeptical after a recent correction, doubting that the recovery is real. During this phase, lingering bearish sentiment and short positions often act as fuel for a stronger rally once confidence returns. Darkfost stated that investors’ skepticism toward BTC returning to bullish mode can be gauged through BTC funding rates in the derivatives market. Funding rates remained negative at -0.004% on the exchange for six out of seven days over the past week, indicating traders are still slightly bearish. The likely reason behind traders’ short bias is the October 10 crypto market crash that led to a liquidation worth $19 billion. Since then, traders have consistently chosen to short the market instead of getting trapped in another price pullback. However, the longer BTC remains in the disbelief phase, the stronger the potential for an explosive upside move becomes. Darkfost added: If the current uptrend continues to establish itself, the growing pile of short positions against it could become a powerful fuel for the next leg higher. As these shorts get liquidated, it would drive prices upward, triggering a short squeeze. If a short squeeze happens, then BTC could quickly rally to major liquidity zones around $113,000 level, and even as high as $126,000 region, where significant short orders liquidations are clustered. The analyst shared two previous instance where such a pattern played out. In September 2024, BTC fell to $54,000 before surging to a new all-time high beyond $100,000. Similarly, in April 2025, the flagship digital asset rallied from $85,000 to $111,000, before climbing even higher to $123,000. To conclude, the Bitcoin market may be on the verge of another short squeeze, fueled by investors’ skepticism. BTC Investors Need To Be Cautious Although BTC is giving hints of a looming short squeeze, investors should still exercise some caution before entering the market in hopes of an instant turnaround in sentiment. For example, Bitcoin activity recently slumped below its 365-day average, raising fears of a loss of momentum. That said, some crypto analysts forecast that BTC is likely done with the price correction and is set to surge in the coming days. At press time, BTC trades at $110,814, up 2.8% in the past 24 hours.

On-chain data shows the Ethereum MVRV Ratio has just given a signal that last took the cryptocurrency’s price from $3,300 to $1,400. Ethereum MVRV Ratio Has Formed A Death Cross In a new post on X, analyst Ali Martinez has talked about a signal that has appeared for Ethereum in the Market Value to Realized Value (MVRV) Ratio. This on-chain indicator measures the ratio between the ETH Market Cap and Realized Cap. The Realized Cap here is a capitalization model for the cryptocurrency that calculates its total value by assuming the ‘real’ value of each token in circulation is equal to the price at which it was last transacted on the blockchain. Since the last transaction of any token is likely to represent the last time it changed hands, the price at its time would denote its current cost basis. As such, the Realized Cap is a measure of the total cost basis of the ETH circulating supply. In other words, the model represents the amount of capital the investors as a whole have put into the asset. The Market Cap, on the other hand, signifies the value that the investors are carrying in the present. Thus, its comparison with the Realized Cap in the MVRV Ratio tells us about the profit-loss situation of the holders. When the value of the indicator is greater than 1, it means the investors are holding more value than they put in. On the other hand, it being under the cutoff suggests the overall market is underwater. Now, here is the chart shared by Martinez that shows the trend in the Ethereum MVRV Ratio and its 160-day moving average (MA) over the past year: As displayed in the above graph, the Ethereum MVRV Ratio has witnessed a decline recently as ETH’s price has gone down, implying holder profitability has been dropping. With the latest drawdown, the indicator’s daily value has plunged below the 160-day MA. In the chart, Martinez has highlighted the previous instances of this crossover taking place. It would appear that the MVRV Ratio’s fall under this line in February led into a significant decrease in the ETH price from $3,300 to $1,400, a swing of almost 60%. Other instances of the crossover, however, didn’t mean much for Ethereum. It should be noted, though, that in these instances, including the one from earlier in the month, the metric was swift to recover back above the line, essentially canceling out the death cross. It now remains to be seen whether the latest break below the line is going to be a sustainable one like in February, or if it will be another quick dip. ETH Price At the time of writing, Ethereum is floating around $4,000, down 2% over the last week.

On Monday, the euro failed to hold above the MACD line—the day closed with a black candlestick below this line, although there has been no firm consolidation yet. Tuesday began with upward momentum. The Marlin oscillator is rising, reflecting the current state of uncertainty. If the price starts to drift along the indicator line, the sideways uncertainty may persist up until the Federal Reserve's policy meeting. To avoid a confirmed consolidation below the MACD line—which would reinforce the bearish scenario—the price must close today above this line. Such price action would support a continuation of the neutral sideways trend, with the price caught between the MACD line and the balance line. On the four-hour chart, the price is clearly coiling around the key level of 1.1650. The Marlin oscillator remains in negative territory, but with the MACD line well below the current price (1.1607), Marlin is free to oscillate near the zero axis. Both timeframes show clear signs of consolidation and sideways movement. Market participants now await the Federal Reserve's meeting on October 29. Tomorrow, a batch of U.K. inflation data will be released, which may bring a brief uptick in market activity. The material has been provided by InstaForex Company - www.instaforex.com

On Monday, trading volume in the British pound was below average. While the price did not rise, it also showed no eagerness to decline. It is clear that the market is awaiting Wednesday's release of the U.K. inflation data before making any decisive moves. On the daily timeframe, the MACD line has moved even closer to the key support level at 1.3369, thereby reinforcing it. The signal line of the Marlin oscillator has been moving sideways for four days. If the price tests the support at 1.3369, there is a high probability of a rebound upward within the ongoing consolidation. On the four-hour timeframe, the 1.3369 level is also reinforced by the MACD line, this time from below. The Marlin oscillator remains in a neutral position at the zero line. A continuation of sideways movement is likely. The material has been provided by InstaForex Company - www.instaforex.com

Following a three-day upward correction, Bitcoin failed to reach the target resistance at 111,904—likely due to the increase in strength of this level provided by the daily MACD indicator line. Today began with a confident decline. The Marlin oscillator, remaining in negative territory, has turned downward. This likely marks the beginning of a new bearish phase, with the nearest target at 102,698. A consolidation below this level would further extend the decline toward the second target at 98,124. On the four-hour chart, the MACD line prevented the price from fulfilling the target level. Now, the price is attempting to move further away from it to the downside. The Marlin oscillator is aggressively approaching the boundary with bearish territory. The target at 102,698 is open. If, however, the price consolidates above the 111,904 level, it would activate an alternative scenario with potential growth into the target range of 115,679–117,418. The material has been provided by InstaForex Company - www.instaforex.com

The GBP/USD currency pair showed no meaningful movements on Monday. In this article, we focus on upcoming events that could (theoretically) influence the pair's direction. "Theoretically," because for the past three weeks, the market has been actively ignoring many factors that typically work against the U.S. dollar. Simply put, if the dollar had been falling these last three weeks, we would consider it entirely justified. However, the British pound, like the euro, remains stuck in a flat range on the daily timeframe. From its current levels, GBP/USD could still fall another 250 pips and stay within the bounds of this flat market. And once the flat range is over, a new trend will eventually follow. While the dollar could technically gain several hundred points in the medium term based on technical factors alone, it's unclear what fundamental reason might support it starting a full-scale uptrend. Two significant events this week will be the consumer inflation reports from both the United Kingdom and the United States. In both cases, an acceleration in prices is expected. However, the implications for the Bank of England and the Federal Reserve will differ. For the BoE, the pace of inflation is less critical. Inflation has been running above target for over a year now—almost double the official target—so it's becoming increasingly clear that the BoE is unlikely to lower interest rates any time soon. For the Fed, inflation is also not a key factor—at least not in the short term. The Fed is widely expected to cut rates twice more before the end of the year, as failure to do so could result in severe labor market strain. However, entering 2026, inflation will regain importance. Fed Chair Jerome Powell and most members of the FOMC have reiterated their commitment to both mandates—employment and price stability—stating clearly that persistently high inflation would make further policy easing unlikely. For now, the labor market takes priority, but once it stabilizes, inflation concerns will come to the forefront again. In essence, while inflation may rise on both sides, the Fed is expected to continue easing, whereas the BoE is likely to hold steady. This asymmetry supports a stronger British pound and gives little support to the U.S. dollar. We still believe that most dips in the pair are either technically-driven or simply flat corrections. The market may still need time to stabilize as market makers build large, long-term positions—after which a new trend may emerge. We don't expect that trend to be bearish unless Donald Trump dramatically reverses his policy approach, which, while not impossible, seems unlikely at the moment. The average daily volatility for GBP/USD over the past five trading days stands at 77 pips—a level characterized as "average." On Tuesday, October 21, we expect the pair to move within the range defined by the levels of 1.3342 and 1.3496. The upper linear regression channel remains upward-sloping, confirming a bullish tendency. The CCI indicator has entered oversold territory three times, which suggests a resumption of the uptrend may be near. Nearest Support levels:S1 – 1.3367 S2 – 1.3306 S3 – 1.3245 Nearest Resistance levels:R1 – 1.3428 R2 – 1.3489 R3 – 1.3550 Trading Recommendations:The GBP/USD pair is attempting to resume the 2025 bullish trend, and its long-term outlook remains intact. Trump's policy continues to exert pressure on the dollar, so we see limited upside potential for the U.S. currency. Long positions remain relevant above the moving average, targeting levels of 1.3672 and 1.3733. If the price moves below the moving average, short positions may be considered with technical targets of 1.3342 and 1.3306. The dollar occasionally experiences technical corrections, but for a sustained upward trend, it would require a fundamental shift—such as a dramatic resolution in trade negotiations or other significant global economic catalysts. Explanation of Chart Tools:Linear Regression Channels: Help identify the current trend. If both channels are pointing in the same direction, it indicates a strong, directional trend.Moving Average Line (settings 20,0, smoothed): Identifies short-term momentum and the recommended trading direction.Murray Levels: Serve as target zones for both expansion and correction phases.Volatility Levels (Red Lines): Represent the expected price range over the next 24 hours based on current volatility data.CCI Indicator: Values above +250 or below -250 suggest overbought or oversold conditions, signaling a potential trend reversal.The material has been provided by InstaForex Company - www.instaforex.com

The EUR/USD currency pair traded with weak volatility on Monday, which came as no surprise given the complete absence of macroeconomic and fundamental events throughout the day. As forecasted, volatility was low. Therefore, there is essentially nothing new to add to previously published analyses. Any kind of U.S. dollar strength at this point seems illogical—especially on a Monday lacking any justification for USD gains, with ongoing protests and unrest across the United States aimed at Donald Trump. Given this, the only logical step today is to look ahead at upcoming events for the rest of the week and attempt to assess what to expect. First, let's clarify our technical stance: we expect upward movement above the moving average and consider any decline below it as illogical and corrective in nature. While this may sound too simplistic, what it means is: as long as the price is above the moving average, long positions remain valid. If the price dips below, any sell trades should be entered with the understanding they are against the broader trend. The daily timeframe remains the most informative. On it, we clearly see not a correction (i.e. dollar growth), but a flat market that has persisted for several months. Therefore, it cannot currently be said that the U.S. currency is strengthening. The main event this week is undoubtedly the U.S. inflation report—not because of its influence on the Fed's monetary policy, but simply because it is nearly the only important report scheduled for the entire month. Due to the ongoing U.S. government shutdown, key labor market and unemployment data remain unavailable until Democrats and Republicans reach a consensus. Another event to monitor is European Central Bank President Christine Lagarde's speech—though she has already spoken at least ten times in recent weeks without delivering any market-moving news. The latest inflation report in the eurozone showed slightly stronger-than-expected numbers, but it does little to change the ECB's stance. If inflation is rising, it means rates cannot be cut further, yet tightening policy is not an option either. On Friday, PMI data for the eurozone's services and manufacturing sectors will be released for October, but these are generally not high-impact reports and rarely trigger strong market reactions. Overall, this week traders should focus on Donald Trump's commentary on China and the U.S. inflation report. That's essentially the entire fundamental calendar. From a technical perspective, a new drop in the EUR/USD pair is not impossible. The daily chart still allows for a 150-pip decline within the flat structure. However, until we see a confirmed downward trend, selling the pair comes with increased risk and is not currently advisable. The average volatility of the EUR/USD pair over the last five trading days (as of October 21) is 57 pips, which is considered "average." On Tuesday, we expect movement between the levels of 1.1599 and 1.1713. The upper linear regression channel is pointing upwards, which confirms the ongoing bullish trend. The CCI has recently entered the oversold zone, which may spark a new wave of upward momentum. Nearest Support levels:S1 – 1.1658 S2 – 1.1597 S3 – 1.1536 Nearest Resistance levels:R1 – 1.1719 R2 – 1.1780 R3 – 1.1841 Trading Recommendations:EUR/USD is attempting to start a new uptrend on the H4 chart, while the uptrend remains intact across higher timeframes. The U.S. dollar remains under heavy pressure due to Donald Trump's unpredictable policies, which show no signs of slowing down. While the dollar has strengthened locally in recent sessions, its fundamental basis is weak. The ongoing flat structure on the daily timeframe continues to explain much of the sideways movement. If the price moves above the moving average line, buying remains relevant, with targets at 1.1841 and 1.1902 in line with the trend. If the price drops below the moving average, short positions can be considered on a technical basis, with downside targets at 1.1536. However, these should be treated as corrective rather than trend-continuation trades. Explanation of Chart Tools:Linear Regression Channels: Help identify the current trend. If both channels are pointing in the same direction, it indicates a strong, directional trend.Moving Average Line (settings 20,0, smoothed): Identifies short-term momentum and the recommended trading direction.Murray Levels: Serve as target zones for both expansion and correction phases.Volatility Levels (Red Lines): Represent the expected price range over the next 24 hours based on current volatility data.CCI Indicator: Values above +250 or below -250 suggest overbought or oversold conditions, signaling a potential trend reversal.The material has been provided by InstaForex Company - www.instaforex.com

Analysis of GBP/USD – 5M Timeframe On Monday, the GBP/USD currency pair remained stagnant throughout the day. There were absolutely no macroeconomic or fundamental events, and, even under such quiet conditions, volatility remained extremely low. Over recent months, volatility has been steadily declining, signaling reduced trader activity—something quite typical during flat market phases. It's worth noting that both the euro and the pound are in a sideways trend on the daily timeframes. Within such a flat range, price movements can be completely unpredictable. This week may bring notable events for both the pound and the dollar, but traders will have to wait. While inflation reports are usually significant, in the current context they are having a modest impact on the market. As such, the uptrend on the hourly timeframe remains technically valid but still lacks momentum. Realistically, no one will be thrilled if the pair continues inching upward at 20 pips per day with constant corrections. On the 5-minute timeframe, the price broke through the 1.3420 level roughly seven times during the day, with overall daily volatility totaling around 45 pips. Traders may have attempted to open positions early in the session, but we had warned that the likelihood of low volatility was very high. COT Report (Commitment of Traders) COT data for the British pound shows that commercial traders have been shifting their sentiment frequently in recent years. The red and blue lines, representing net positions of commercial and non-commercial traders, often cross and tend to hover near the zero line. Currently, they are nearly equal, indicating a balanced number of long and short positions. The U.S. dollar continues to weaken due to the policies of Donald Trump, which makes market makers' interest in the pound Sterling less relevant in the current phase. The ongoing trade war is expected to persist in some form for an extended period. The Federal Reserve is also projected to continue cutting rates over the next year. Demand for the dollar is bound to diminish. According to the latest COT report for the pound, non-commercial traders opened 3,700 BUY contracts and closed 900 SELL contracts. Thus, the net position among this group increased by 4,600 contracts. In 2025, the pound has posted significant gains, but the catalyst is clear—Trump's policies. Once that factor dissipates, the dollar may rebound. When that happens, however, remains highly uncertain. Regardless of how the pound's net positions evolve, the U.S. dollar's net position continues to decline—often at a faster pace. Analysis of GBP/USD – 1H Timeframe On the hourly chart, the GBP/USD pair has finally completed its downward trend and has begun forming a new bullish structure. The U.S. dollar still lacks fundamental reasons to strengthen, so we expect the pair to continue rising toward its 2025 highs in almost any scenario. The primary concern is whether the flat trading on the daily timeframe will continue for several more weeks. Nonetheless, it's already evident that the Trump-driven trade war continues to escalate, tensions are rising, and the Federal Reserve remains committed to monetary easing. This is a toxic cocktail for the U.S. dollar. Key levels for October 21: 1.3125, 1.3212, 1.3307, 1.3369–1.3377, 1.3420, 1.3533–1.3548, 1.3584, 1.3681, 1.3763, 1.3833, 1.3886. Additionally, the Senkou Span B line (1.3393) and the Kijun-sen line (1.3358) may generate signals during the trading day. A Stop Loss should be moved to breakeven after a 20-pip favorable movement. Note: Ichimoku indicator lines may shift throughout the day and should be monitored accordingly for accurate signal generation. For Tuesday, no major events are scheduled in either the U.S. or the United Kingdom, meaning another flat, low-volatility market day is likely. Trading Recommendations:Today, traders may initiate trades from the 1.3420 level or from the Senkou Span B line. There are multiple support levels located below the market, while incoming news remains limited. The British pound has started to rise, so in the short term, continued upward movement is expected toward the 1.3533–1.3548 area. However, the likelihood of a flat session with minimal price movement remains high. Explanation of Chart Elements:Resistance/Support Levels – thick red lines: These are zones where price movement may pause or reverse; they do not generate trading signals by themselves.Kijun-sen and Senkou Span B – key lines from the Ichimoku indicator, transferred to the hourly chart from the 4-hour timeframe; they serve as major points of support/resistance.Extremes – thin red lines: Previous swing highs or lows from which price historically bounced. They can generate trading signals.Yellow lines – include trendlines, channels, and other technical chart patterns.COT Indicator 1 (on charts): Shows the net position count by trader category.The material has been provided by InstaForex Company - www.instaforex.com

Analysis of EUR/USD – 5M Timeframe The EUR/USD currency pair exhibited virtually no trading activity on Monday—literally. There are days when the market is sideways, and then there are days when the market is completely inert. Yesterday was one of those days. No macroeconomic reports were published, no fundamental events occurred, and even the latest rhetorical jabs from Donald Trump directed at China failed to revive trading activity. Traders have become increasingly indifferent to statements from the U.S. President, having realized that Trump changes his stance as often as the wind. As a result, there was no reason for traders to enter the market. Technically, the new uptrend remains intact and could resume at any moment. Several important macroeconomic reports are scheduled this week, so traders can reasonably expect a trending phase. The pair continues to trade above the Ichimoku indicator lines and previously broke through a descending trendline. Therefore, we continue to anticipate growth in the pair. On the 5-minute timeframe, the price moved within a narrow range between the Kijun-sen line and the 1.1666 level throughout the day. Volatility did not exceed 40 pips. No valid trading signals were generated. COT Report (Commitment of Traders) The latest COT report is dated September 23. No newer reports have been published due to the ongoing U.S. government shutdown. As shown in the chart above, non-commercial traders' net positions had remained bullish for an extended period. Bears only briefly took control in late 2024 but lost their advantage quickly. Since Donald Trump began his second presidential term, the U.S. dollar has been in decline. Although we can't say with 100% certainty that this decline will continue, current global developments suggest that scenario is quite plausible. We still see no fundamental factors supporting euro strength; however, there are plenty of reasons for continued weakness in the U.S. dollar. The long-term downtrend in the USD is still relevant, but in the current geopolitical context, historical trends spanning the last 17 years aren't as helpful. If and when Trump ends his trade wars, the dollar may strengthen again, but recent developments indicate these conflicts are far from over. One of the most concerning factors for the USD remains the potential erosion of the Federal Reserve's independence, which adds additional downward pressure on the greenback. The red and blue lines on the indicator still point to the continuation of a bullish trend. During the last reporting week, the number of long positions held by the "Non-commercial" group fell by 800 contracts, while short positions increased by 2,600. Therefore, the net position declined by 3,400. However, these figures are significantly outdated and currently hold little weight. Analysis of EUR/USD – 1H Timeframe On the hourly chart, EUR/USD may have completed its downtrend as early as two weeks ago. The trendline, Kijun-sen, the 1.1604–1.1615 area, the 1.1657–1.1666 zone, and the Senkou Span B line have all been surpassed. Thus, we can now expect movement only to the upside. We believe that the euro has long been overdue for an upward move, especially now that all the necessary technical criteria have been met. Still, the market is slow to act on this, despite having enough justification. Trading levels for Tuesday, October 21: 1.1234, 1.1274, 1.1362, 1.1426, 1.1534, 1.1604–1.1615, 1.1657–1.1666, 1.1750–1.1760, 1.1846–1.1857, 1.1922, 1.1971–1.1988, as well as the Senkou Span B level (1.1651) and the Kijun-sen line (1.1635). Note that Ichimoku lines can shift during the day and should be monitored in real time when identifying signals. Also, if the price moves at least 15 pips in the correct direction, make sure to set Stop Loss at breakeven to protect against potential false signals. On Tuesday, the only notable event in the eurozone is another speech from European Central Bank President Christine Lagarde. This will be her 10th or so appearance in the past few weeks. As of yet, she has not communicated anything market-moving. The U.S. economic calendar remains empty. Trading Recommendations:On Tuesday, traders can continue to focus on the 1.1651–1.1666 zone. To open long positions targeting 1.1750–1.1760, wait for confirmation of a breakout above this area. We do not recommend shorting the pair, as the trend has clearly shifted upwards and there are numerous support levels below that may prevent further declines. Explanation of Chart Elements:Resistance/Support Levels – thick red lines: These are zones where price movement may pause or reverse; they do not generate trading signals by themselves.Kijun-sen and Senkou Span B – key lines from the Ichimoku indicator, transferred to the hourly chart from the 4-hour timeframe; they serve as major points of support/resistance.Extremes – thin red lines: Previous swing highs or lows from which price historically bounced. They can generate trading signals.Yellow lines – include trendlines, channels, and other technical chart patterns.COT Indicator 1 (on charts): Shows the net position count by trader category.The material has been provided by InstaForex Company - www.instaforex.com

The Ethereum network was built to democratize a finance platform where anyone, anywhere, could deploy code and create value. With no centralized oversight, ETH has become a stage where builders and grifters coexist, each leveraging the same tools of decentralization to vastly different ends. Can Ethereum Evolve Beyond Its Culture Of Exploitation? Ethereum has always been more than just a cryptocurrency. It’s a programmable, open finance framework that allows anyone to build and exploit ETH. According to AdrianoFeria’s post on X, this openness has enabled innovation and also allowed countless grifters to accumulate vast amounts of ETH by selling low-quality tokens and NFTs to retail investors. The mechanism of extraction was simple yet profound, so that retail investors, ironically seeking to gain more ETH exposure through higher beta plays, ended up parting with the very asset they sought to accumulate. These grifters effectively extracted ETH that might have otherwise remained in the hands of long-term holders. However, one of the earliest and most glaring examples was EOS. At its peak, it held about 7.2 million ETH, which is roughly 6% of the total supply, marking the largest single treasury in existence. A subsequent wave of Initial Coin Offering (ICO) and NFTs is believed to have extracted more ETH from the hands of long-term retail holders. This continuous speculative excess transferred wealth, creating selling pressure that ultimately slowed down ETH’s long-term appreciation. Furthermore, Adriano Feria asserts that ETH has finally moved beyond that phase and will be reflected in price action (PA) with steadier growth and much stronger relative strength during market corrections. Institutions are actively embracing ETH, and even hardcore BTC maximalists have been forced to acknowledge ETH’s technological strengths and the undeniable institutional traction it has attracted. These expectations are for a boring supercycle, and with crypto commentators (CT folks) still trying to call the top. Still, this very stability and institutional foundation is precisely what the ETH supercycle is meant to look like. Why Ethereum Legacy Belongs To Everyone A digital artist, ArtvisionNFT, from Ukraine, who specializes in NFTs, has revealed that in the fast-moving world of blockchain, history is at risk of being forgotten. As a result, the Covalent_HQ Ethereum Wayback Machine (EWM) was built to ensure the full history remains intact and accessible to everyone, anywhere, to access the verified blockchain data. However, EWM acts as a digital time capture, collecting, verifying, and storing old block using a decentralized system. Those process ensures that developers can use EWM to audit smart contracts, build analytics, and trace blockchain activity. EWM protects the transparency, accountability, and innovation in the broader Web3 ecosystem. At its core, Covalent_HQ’s mission is to make sure ETH’s story is never lost.

Bitcoin and Ethereum rose after US President Donald Trump confirmed a meeting with China’s leader during the APEC summit on October 31. Based on reports, Bitcoin climbed nearly 4% while Ethereum gained about 5% and traded around $4,030. The whole market added roughly $100 billion in value in a short window, according to market watchers. Insider Whale Bets And Mixed Positions Reports have disclosed that an insider whale opened $255 million in long positions across Bitcoin and Ethereum. At the same time, the same trader put on a $76 million short on Bitcoin with 10x leverage. The moves look like a bet on swings in price rather than a single directional stake. Observers note the trader has a history of large, well-timed trades, including a prior $730 million short that paid off. There is no clear public ID for this whale, and the motives are being examined by analysts. Political Shift Sends Prices Higher Based on reports, comments by US President Donald Trump helped calm markets. He reportedly said “it will all be fine” when speaking about China’s economy, and the tone toward Beijing softened after a week where he had announced a 100% tariff on Chinese goods. That tariff claim had sparked a big sell-off across traditional and crypto markets just days earlier. Market players reacted quickly to the latest signals of a thaw, viewing the upcoming meeting as a chance for reduced tension. On-Chain Activity And Institutional Moves According to on-chain data and exchange records, large-scale activity continued across spot markets. BitMine was reported to have picked up about $1.5 billion worth of Ether, a move that market participants say shows faith in Ethereum’s long-term outlook. Meanwhile, El Salvador quietly added eight BTC to its reserves, bringing its total holdings to 6,355.18 BTC. Exchange Flows Show Withdrawals Based on exchange records, major centralized platforms recorded a net outflow of roughly 21,000 BTC over the past week. Coinbase Pro and Binance were named among those with the biggest withdrawals, showing about 15,000 BTC and 12,000 BTC moved off exchanges, respectively. Traders interpret such flows in different ways: some see accumulation into private wallets, others see funds repositioned by large traders. The Implications Of This Moving Forward Reports indicate that the market is reacting to both political signals and positions being adjusted by big hands. If the rhetoric between the US and China continues to show friendly signals, prices may push higher and retest monthly highs. But the presence of a sizeable short position alongside large long positions suggests that volatility will stay. Presently, data points are being watched closely and traders are establishing balances between advancing positions and hedging. Featured image from Gemini, chart from TradingView

Solana (SOL) is back on the front foot after a choppy week, trading near $194 and holding a critical support band at $175–$186 that has repeatedly attracted dip buyers since August. Price reclaimed the $190–$193 area after a sharp bounce from trendline support, with traders now eyeing a clean break over $200 to flip momentum. On the charts, Solana remains inside a descending channel of lower highs and lows, but a sustained move above $202–$211 (a confluence of the 20/50-day EMAs and key Fibonacci levels) would mark a structure shift and open upside targets at $221–$222, then $235 and $250. Volume Pops, Open Interest Climbs, Institutions Accumulate Bullish undercurrents are building beneath the price. On-chain and market data show trading volumes surging to multi-month highs, while futures open interest has pushed above $8billion, signaling stronger participation and the potential for a larger directional move when volatility expands. Spot flows turned positive, with close to $31.7million in net inflows recently pointing to accumulation at mid-range levels. Institutional and corporate interest remains a durable pillar for Solana. A recent Grayscale analysis highlights the network’s high throughput, low fees, and expanding developer base. Meanwhile, ARK Invest reported $223 million in Q3 network revenue, ranking among the highest in the blockchain industry. Additionally, corporate treasuries across digital-asset firms collectively hold over 20 million SOL, underscoring long-term institutional commitment. Staking yields of around 7% annually continue to attract holders, while scaling initiatives like Firedancer aim to improve throughput and network resilience. Catalyst Watch: $200 Reclaim, Solana ETF Headlines, and Network Growth Near term, the market wants confirmation. A daily close above $202–$211 would validate a trend reversal and strengthen the case for a measured grind toward $235–$250. Analysts also flag ETF progress and regulatory headlines as potential catalysts, alongside macro risk appetite driven by rates and liquidity. Fundamentally, Solana’s momentum is buoyed by DeFi/NFT activity, rising DEX volumes, and enterprise experiments in payments and DePIN. With support defended, volume rising, and institutional demand re-emerging, SOL’s setup skews constructive. If bulls reclaim the EMA cluster and hold over $190 with growing volume, a push to the $221–$222 zone, and ultimately a $250 extension, enters play. Cover image from ChatgGPT, SOLUSD chart from Tradingview