Bitcoin and the big altcoins are stuck under resistance and showing short-term weakness, which is bad for traders chasing a breakout now but fine for buyers waiting for better prices.

• A bearish divergence on the daily chart confirmed over a week ago, pointing to a one-to-two week cool off rather than a crash.
• The last move up was a quick pump and dump that grabbed liquidity above the price, then fell straight back into the range.
• Ethereum, XRP, Solana and Chainlink are all doing the same thing — stalled at resistance, cooling off, still bullish on the longer-term charts.
• Stocks look similar: the Nasdaq is consolidating just under its record high, with a breakout attempt seen as likely in October.
• Bitcoin dominance has gone nowhere for a year, so there's no clear altcoin season or Bitcoin season right now.

Outlook: Expect a few more days of choppy, slightly weaker prices, then another run at resistance with a possible breakout in October.

## Bitcoin Levels

• **Bias:** Short-term bearish cool off inside a larger bull market (weekly super trend still green, weekly bullish divergence intact).
• **Buy / accumulate:** $80,000-$82,000 support zone; a larger swing long is planned after a bit more downside in the coming days.
• **Sell / take profit:** $86,000-$88,000 resistance; next profit zone $96,000-$98,000 after a confirmed breakout.
• **Support:** $80,000-$82,000 (also given as $81,000-$82,000).
• **Resistance:** $86,000-$88,000.
• **Targets:** Downside liquidity target $82.3K; upside liquidity at $87.5K; $96,000-$98,000 on a breakout.
• **Invalidation:** A confirmed breakout and hold above $88,000 ends the cool-off thesis.