From a technical point of view, the price of bitcoin bounced off the major resistance at $ 46,500. The purple zone is marked with the 50% Fibonacci retracement of the last downward wave and previous price reactions. If current sentiment prevails until the end of the day then a potential shooting star pattern may occur, which according to the classic assumptions of technical analysis, often heralds declines.

Bitcoin interval D1. Source: xStation5
Bitcoin loses momentum falling to $111k 📉Ethereum loses 3%
Crypto news: Bitcoin rebounds after the sell-off 📈Ethereum above $4000
Daily Summary: Gold and Indices lower, Dollar bounces back💲
Chart of the day - ETHEREUM (09.10.2025)