Bitcoin and Ethereum Price Prediction: Is BTC Losing Steam After “Uptober,” and Can ETH Lead the Next Rally?

Core Insights - Bitcoin's price is currently around $110,000, showing cautious sentiment after a slow "Uptober" and ongoing selling pressure in the market [1] - Recent ETF outflows indicate rising sell pressure from traditional finance investors and a decline in institutional demand, with approximately $191 million withdrawn from spot Bitcoin ETFs on Friday and $488 million on Thursday [2] - The Federal Reserve's recent interest-rate cut has had little impact on broader markets, and its hawkish tone for December has dampened optimism [3] Bitcoin Market Analysis - Analyst Ali Martinez questions whether Bitcoin's current structure can support a price increase to $250,000 by December, as it remains near $110,000 [3] - Bitcoin is still on an uptrend that began after its 2022 bottom, with two years of higher highs and higher lows, suggesting that the worst phase may be behind the market [4] - The monthly MACD remains positive but is flattening, indicating dwindling momentum, while Bitcoin trades laterally under $120,000 [5] Ethereum Market Analysis - Ethereum is currently holding strong above the key support zone of $3,600–$3,750, with buyers protecting this area after a recent bounce [6] - A potential bull-flag pattern is forming below the $4,100–$4,250 resistance band, which has been a barrier to upward movement since mid-2025 [7]