Bitcoin $100K Target Back in Focus Amid Choppy Moves, Ether Bulls Turn Aggressive

Bitcoin Eyes $100K as Volatility Contracts; Ether, XRP, and SOL Show Momentum

Bitcoin’s 30-day implied volatility index (BVIV) has fallen sharply to 48, breaking below the bullish trendline established since September lows. The decline signals easing panic and potential for further volatility compression. Meanwhile, the US Dollar Index (DXY) is trending lower, providing additional support for BTC upside. The spot-volatility correlation has remained largely negative since November, reinforcing BTC’s inverse relationship with volatility.

BTC Technical Outlook
BTC has reclaimed Friday’s high of $93,104 as support, maintaining bullish positioning above the Ichimoku cloud on the hourly chart. A bullish MACD histogram crossover could trigger the next upward move toward the $98,000–$100,000 resistance range, defined by a descending trendline and key psychological barrier. Conversely, a drop below the Ichimoku cloud would undermine the bullish thesis.

XRP
XRP is consolidating near $2.20, setting the stage for its next upward leg after breaking above the Ichimoku cloud earlier this week. A bearish crossover in the hourly MACD has not caused significant price erosion, highlighting latent strength and supporting further upside potential.

Ether (ETH)
ETH continues to rise after a confirmed bear trap, with two consecutive green daily candles signaling buyer control. A positive daily MACD reinforces potential upside toward the October 10 low near $3,510. Short-term retracements to $3,100 may occur as the hourly MACD approaches a bearish crossover, suggesting possible consolidation before further gains.

Solana (SOL)
SOL is testing the upper boundary of its sideways channel at $144.74. A decisive breakout could push prices toward $165, based on measured-move analysis. However, a bearish hourly MACD crossover warns of a potential short-term pullback or extended consolidation before a sustained breakout.