24/7 SUPPORT
Download App
Search
Popular Search
Published: 15 October 2026,08:38
Daily Market Analysis New
*Bitcoin retreated toward 81,000-82,000, while Ethereum underperformed and fell below $2,500 amid broader risk aversion.
*Hot CPI drives macro pressure: Stronger inflation revived Fed tightening expectations, pushing Treasury yields and the dollar higher while reducing demand for speculative assets.
*Near-term risks remain tilted lower: Leveraged liquidations, weak ETF flows and geopolitical inflation risks may sustain volatility, though softer data or a Fed pause could support recovery.
The cryptocurrency market experienced a notable decline in the latest session, with both Bitcoin and Ethereum coming under selling pressure amid a broader risk-off environment. Bitcoin retreated toward the 81,000–82,000 area after trading higher earlier in the week, while Ethereum fell more sharply, sliding below $2,500. The move reflected a market-wide pullback in digital assets as investors reacted to macroeconomic developments and reduced appetite for riskier holdings.
The primary catalyst was the hotter-than-expected September U.S. Consumer Price Index release. Headline inflation rose 3.7 percent year-over-year, exceeding the 3.6 percent consensus and accelerating from the prior month, while core measures also came in firmer than anticipated. The data revived expectations of further monetary tightening by the Federal Reserve, lifting Treasury yields and strengthening the U.S. dollar. Cryptocurrencies, which have traded as macro-sensitive risk assets, faced direct pressure as higher rate expectations reduced the relative appeal of non-yielding assets. This mirrored the broader equity market sell-off, particularly in technology and AI-related stocks, reinforcing a cautious stance across speculative markets.
Additional factors compounded the decline. Earlier liquidations of leveraged positions in the futures market had already weakened near-term technical support, while mixed institutional flows—including intermittent outflows from spot Bitcoin and Ethereum ETFs—limited buying interest. Ethereum underperformed Bitcoin, consistent with its greater sensitivity to equity market movements and weaker recent institutional demand. Elevated oil prices stemming from ongoing Middle East geopolitical tensions further contributed to the inflation narrative weighing on risk assets.
In the near term, the direction for Bitcoin and Ethereum will likely remain closely tied to shifts in interest-rate expectations, Treasury yields, and subsequent economic data. A sustained moderation in inflation or clearer signals of a pause in Fed tightening could help stabilise prices and encourage a recovery toward recent highs.
ETH, H4:
Ethereum has broken below its consolidation range near the February high and is now testing critical support at $2,385. The breakdown signals a deterioration in near-term momentum and places the cryptocurrency at an important technical juncture.
A decisive break and sustained close below $2,385 would confirm a bearish structural shift and could trigger a deeper wave of selling pressure. Under this scenario, ETH may extend its decline toward the key psychological support at $2,000.
Conversely, a firm defence of $2,385 could allow Ethereum to stabilize and stage a technical rebound. However, the outlook would remain vulnerable unless ETH can reclaim the former consolidation range and restore its previous bullish structure.
Resistance Levels: 2570.00, 2720.00
Support Levels:2390.40, 2185.00
Trade forex, indices, metal, and more at industry-low spreads and lightning-fast execution.
Sign up for a PU Prime Live Account with our hassle-free process.
Effortlessly fund your account with a wide range of channels and accepted currencies.
Access hundreds of instruments under market-leading trading conditions.
Trading Platforms
Learn
About PU Prime
Corporate
Important Notice to Visitors
Our products and services are not offered or made available to residents of your jurisdiction. The information on this Website is not directed at persons in your jurisdiction and is not intended as an offer, solicitation, or promotion of our products or services to them.
By clicking “I Understand”, you acknowledge this notice and confirm that you are accessing this Website at your own initiative. Access to this Website does not mean that our products or services are available to you.
Important Notice
Please be advised that our products and services are currently unavailable to residents and entities located in the Philippines.
This restriction is a result of our firm commitment to adhering to applicable legal and regulatory requirements in all jurisdictions where we operate. In line with our internal compliance protocols and evolving global standards, we continuously assess and update access to our platform to ensure full regulatory alignment.
We appreciate your understanding and cooperation.
If you believe this restriction has been applied in error, please contact our support team for further assistance.
Dear Valued Client,
As part of PU Prime’s ongoing commitment to providing a stable and reliable trading environment, please be informed of the following weekly weekend scheduled optimisation activities:
We sincerely apologise for any inconvenience this may cause as we strive to provide you with better service. PU Prime is committed to providing you with the best trading experience and this Weekly Scheduled Optimisation Notice will enable us to ensure that you trade without any unexpected interruptions.
For other upgrades that may involve longer disruptions to your trading, we will announce them ahead of time in a separate announcement.
Important Notice:
Important Notice: Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.
Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.
By clicking the "Acknowledge" button, you confirm that you are entering this website solely on your own initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on a reverse solicitation basis in accordance with the laws of your home jurisdiction.
Important Notice:
Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.
Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.
By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.
Aviso importante:
Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.
Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.
Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.
