Bitcoin

Altcoin

Rekt

Key points:
<ul>
 <li>Bitcoin can keep the bull market range in play if it reclaims $108,400 in the coming hours, says analysis.</li>
 <li>Volatility increases into the weekly close as thin order books see $200 million in 24-hour liquidations.</li>
 <li>Altcoin futures show just how traders have lost out since the last bear market bottom.</li>
</ul>
Bitcoin (<a href="https://cointelegraph.com/bitcoin-price" rel="noopener noreferrer nofollow">BTC</a>) teased volatility into Sunday’s weekly close as price approached a key reclaim level.
<figure>
 <img alt="Bitcoin weekly close must hit this $108K+ level to rescue key ‘demand area’" src="https://s3.cointelegraph.com/uploads/2025-10/0199fcca-95d9-74f2-ae09-3fb968d5958b" title="">
 <figcaption style="text-align: center;">
 BTC/USD one-hour chart. Source: Cointelegraph/TradingView
 </figcaption>
</figure>
<h2 id="trader-sees-more-btc-price-volatility-to-come">Trader sees more BTC price volatility to come</h2>
Data from <a href="https://subscription.cointelegraph.com/?_gl=1*enpnlb*_ga*MTE3NDE3MjgzMC4xNzE1NjcwODE1*_ga_53R24TEEB1*MTc0NDcyNDI2NS40MS4xLjE3NDQ3MjQyNjkuNTYuMC45MTY3MzAwMzI." rel="noopener noreferrer nofollow">Cointelegraph Markets Pro</a> and <a href="https://www.tradingview.com/symbols/BTCUSD/?exchange=BITSTAMP" rel="noopener noreferrer nofollow" target="_blank">TradingView</a> showed BTC/USD hitting $108,260 local highs.
After a <a href="https://cointelegraph.com/news/bitcoin-hits-15-week-low-under-105k-regional-bank-woes-echo-2023" rel="noopener noreferrer nofollow">painful end to the TradFi trading week</a> that saw Bitcoin dip below the $104,000 mark, sell-side pressure appeared to cool ahead of what X trader Daan Crypto Trades <a href="https://x.com/DaanCrypto/status/1979846156151816597" rel="noopener noreferrer nofollow" target="_blank">called</a> an “interesting week.”
“Volatility definitely high here due to the thin books post this massive market flush,” he wrote.
Looking at liquidation data, Daan Crypto Trades <a href="https://x.com/DaanCrypto/status/1979867908600701266" rel="noopener noreferrer nofollow" target="_blank">predicted</a> that volatility would continue “for a while.”
“Books are thin. Especially after the massive liquidation event last week,” he added.&nbsp;
<blockquote>
 “This combined with weekend price action and a lot of emotional traders makes for relatively volatile moves on low timeframes.”
</blockquote>
<figure>
 <img alt="Bitcoin weekly close must hit this $108K+ level to rescue key ‘demand area’" src="https://s3.cointelegraph.com/uploads/2025-10/0199fcc4-1f43-70b5-803b-0cd85c56c890" title="">
 <figcaption style="text-align: center;">
 Bitcoin liquidation heatmap. Source: CoinGlass 
 </figcaption>
</figure>
The latest figures from monitoring resource <a href="https://www.coinglass.com/LiquidationData" rel="noopener noreferrer nofollow" target="_blank">CoinGlass</a> put total crypto liquidations for the 24 hours to the time of writing at more than $200 million.
Both bid and ask liquidity thickened around price on exchange order books hours before the weekly close.
“Bitcoin is not far away from securing a positive Weekly Close above $108381 to preserve the historical Weekly demand area (orange), despite the downside wicks below it,” trader and analyst Rekt Capital <a href="https://x.com/rektcapital/status/1979875876767698965" rel="noopener noreferrer nofollow" target="_blank">said</a> while uploading the weekly chart to X.
<figure>
 <img alt="Bitcoin weekly close must hit this $108K+ level to rescue key ‘demand area’" src="https://s3.cointelegraph.com/uploads/2025-10/0199fcc4-b973-729c-bb02-848ef5aa2b40" title="">
 <figcaption style="text-align: center;">
 BTC/USD one-week chart. Source: Rekt Capital/X
 </figcaption>
</figure>
<h2 id="altcoin-futures-explain-grim-crypto-sentiment">Altcoin futures explain grim crypto sentiment</h2>
The relief from further downside was enough to lift crypto market sentiment out of the “extreme fear” zone, per data from the <a href="https://alternative.me/crypto/fear-and-greed-index/" rel="noopener noreferrer nofollow" target="_blank">Crypto Fear &amp; Greed Index</a>.
Related: <a href="https://cointelegraph.com/news/bitcoin-price-lines-up-nicely-for-95k-drop-next-despite-bullish-rsi-data" rel="noopener noreferrer nofollow">Bitcoin price ‘lines up nicely’ for $95K drop next despite bullish RSI data</a>
The Index measured 29/100 on Sunday, up seven points from six-month lows seen days before.
<figure>
 <img alt="Bitcoin weekly close must hit this $108K+ level to rescue key ‘demand area’" src="https://s3.cointelegraph.com/uploads/2025-10/0199fcc6-f4ac-7d87-b2ad-db5cbfbec847" title="">
 <figcaption style="text-align: center;">
 Crypto Fear &amp; Greed Index (screenshot). Source: Alternative.me
 </figcaption>
</figure>
 Commenting, crypto trader and analyst Luke Martin, host of the STACKS podcast, flagged altcoins as a major drag on the overall market mood.
In an <a href="https://x.com/VentureCoinist/status/1979622508732276761" rel="noopener noreferrer nofollow" target="_blank">X post</a> on Saturday, Martin uploaded a chart showing the performance of Binance’s top 50 altcoin futures. The chart was created by Chris Jack, chief growth officer of algorithmic crypto trading company Robuxio.
“This chart perfectly illustrates why sentiment is bearish/tired even though $BTC still above $100k,” he argued.
<blockquote>
 “A basket of the top 50 altcoins now trading BELOW where they were post-FTX crash in 2022.”
</blockquote>
<figure>
 <img alt="Bitcoin weekly close must hit this $108K+ level to rescue key ‘demand area’" src="https://s3.cointelegraph.com/uploads/2025-10/0199fcc5-5a24-79f0-a631-bd596ff2f0bc" title="">
 <figcaption style="text-align: center;">
 Binance futures top 50 altcoins aggregate performance. Source: Luke Martin/X
 </figcaption>
</figure>
Martin referred to the <a href="https://cointelegraph.com/news/ftx-collapse-the-crypto-industry-s-lehman-brothers-moment" rel="noopener noreferrer nofollow" target="_self">implosion of crypto exchange FTX</a>, which infamously sparked a major market drawdown and prepared crypto for its bear market bottom at the end of 2022.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Bitcoin weekly close must hit this $108K+ level to rescue key ‘demand area’

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