Bitcoin (BTC) has dropped from its mid-August high of $117,968, primarily due to $1.5 billion in forced sell-offs. For now, it is hovering near key support levels between $107,000 and $102,000.Is it still the best crypto to buy now?<\/p>\n
Despite this pullback, institutional investment to the tune of $60 billion is keeping hopes alive for a long-term rally towards $200,000.<\/p>\n
Currently, BTC is trading just below<\/a> the $110,000 mark at $109,470, barely up by 0.05% after a volatile September. The market cap is about $2.17 trillion, with about $40.4 billion traded in the last 24 hours alone.<\/p>\n $BTC<\/a> hanging on the edge. <\/p>\n It’s holding $108,000 support, but it doesn’t look convincing.<\/p>\n Not trading Bitcoin in the local PA, but I’m awaiting directional moves here.<\/p>\n $105,000 support could trigger a reaction, but my guess is that $101,000 is stronger + more liquidity. pic.twitter.com\/kkeyvy3W7H<\/a><\/p>\n \u2014 Lennaert Snyder (@LennaertSnyder) September 28, 2025<\/a><\/p>\n\n BTC typically follows a four-year pattern where a cut in new supply leads to a long rally, peaking in about three years. That said, things are now changing, as BTC is no longer driven solely by retail demand, with strong institutional demand reshaping the market.<\/p>\n Case in point, even though long-term holders have liquidated <\/a>about 1.8 billion BTC (dropping from 70% to 61% of total supply), prices have held steady, highlighting that past cycle patterns might no longer apply as reliably.<\/p>\n A surge in the global money supply has helped support BTC even though its momentum has cooled. However, if US President Donald Trump appoints a more pro-stimulus Fed chair after Jerome Powell, aggressive rate cuts might drive BTC towards $200,000.<\/p>\n Technically, BTC is stuck between $104,000 and $113,400 with no clear direction emerging as of now. It is holding support around $109,000. However, if it drops below $107,270, a further drop to $102,000 is possible.<\/p>\n For BTC to regain its bullish momentum, it must break above $113,000, with a move past $123,000 opening doors to restesting its record highs.<\/p>\n EXPLORE:\u00a0Top 20 Crypto to Buy in 2025<\/a><\/p>\n Ethereum (ETH) has stabilised above the $4,000 level, turning the level into its support. It has bounced back after a week of tough price swings, sell-offs and forced liquidations that wiped out billions in the derivatives market.<\/p>\n Analysts on X have stated that this level has now become a solid support, a bullish sign that\u2019s rare in strong markets and often leads to further gains. If ETH holds here, history suggests a 10-15% price jump could follow.<\/p>\n A bullish retest is never a bad thing during a bull run.<\/p>\n For years, the $4K region has been a crucial resistance level and now $ETH<\/a> has flipped this into support.<\/p>\n Bullish for Ethereum and alts. pic.twitter.com\/oYMX9PDfmU<\/a><\/p>\n \u2014 Cas Abb\u00e9 (@cas_abbe) September 27, 2025<\/a><\/p>\n\n There is also a possibility of a short squeeze, where traders betting against ETH might be forced to buy back in, pushing the price higher, mirroring past crypto rallies like BTC\u2019s 2021 surge.<\/p>\n Recent turbulence has cleared out excess leverage, with over $3 billion liquidated on Binance alone. Many investors took home profits when ETH briefly dipped to $3,800, which helped stabilise the market, since they took out weak hands, leaving room for more sustainable growth.<\/p>\n $ETH<\/a> DOWNSIDE LIQUIDITY HAS BEEN TAKEN OUT COMPLETELY.<\/p>\n IT SEEMS LIKE A SHORT-SQUEEZE IS COMING pic.twitter.com\/wBdDaxcRwm<\/a><\/p>\n \u2014 Ash Crypto (@Ashcryptoreal) September 27, 2025<\/a><\/p>\n\n Further adding to the optimism, large investors have scooped up over $1.6 billion worth of ETH from major platforms, signalling a strong institutional interest and confidence in ETH\u2019s long-term potential.<\/p>\n Looking ahead, ETH\u2019s future will depend on how its price holds up, how much institutional buying takes place and how well its network continues to grow. Right now, the $4000 level is a key test.<\/p>\n If ETH stays above it, it could climb to $4,500 or higher. However, if it slips, it might fall back to around $3600 \u2013 $3800.<\/p>\n If the upward momentum continues, ETH\u2019s next big goal will be to retest its record high near $4878, with mid-term targets between $6000 and $7000.<\/p>\n EXPLORE:\u00a09+ Best High-Risk, High-Reward Crypto to Buy in 2025<\/a><\/p>\nETH Stabilises Above $4k! Still The Best Crypto To Buy?<\/h2>\n