The British pound has rallied again during the early hours on Monday as we continue to see plenty of support near the 1.34 level.
This is an area that continues to be noisy overall, and therefore it is worth noting that the market is essentially hanging around in the same range that we have been in for a while, therefore I think we need to determine whether or not we are going to make a bigger move.
Range bound?
At this point we have to determine whether or not we remain range bound, and I think you have to lean toward a definitive “yes” at the moment, which of course will have a lot of people thinking that we are going to continue to be a “buy on the dips” type of situation. At this point, it’s not really until we break down below the 1.3350 level that I would be concerned about the British pound, because it’s also worth noting that even when the US dollar was strong last year, the British pound was by far the most resilient currency against it.
If we do break down below the 1.3350 level, then we will be paying close attention to the 200 Day EMA, which is a long-term trend determining indicator, and anything below there would of course have people very interested in shorting this pair from a longer-term standpoint. It would also more likely than not go the US dollar strengthening against multiple other currencies, so despite the fact that we might see the British pound fall at that point, you probably have even more profits to be made by the US dollar against other major currency such as the euro or the Canadian dollar. Regardless, even if you are not trading this pair, I think it is very important to pay attention to the British pound because it could be a bit of a secondary indicator.
Christopher Lewis has been trading Forex and has over 20 years experience in financial markets. Chris has been a regular contributor to Daily Forex since the early days of the site. He writes about Forex for several online publications, including FX Empire, Investing.com, and his own site, aptly named The Trader Guy. Chris favours technical analysis methods to identify his trades and likes to trade equity indices and commodities as well as Forex. He favours a longer-term trading style, and his trades often last for days or weeks.
AUSTIN, Texas and TOKYO, Oct. 7, 2025 /PRNewswire/ — The Melatonin Market is experiencing sustained growth as rising demand for sleep aids, dietary supplements, and medical applications accelerates adoption across healthcare and consumer sectors. According to DataM Intelligence, theMelatonin Market Size will reach USD 1.89 billion in 2025 and is projected to grow to USD 3.0 billion by 2030, recording a CAGR of 9.67% during 2025–2030.
Melatonin, a naturally occurring hormone regulating the sleep-wake cycle, has evolved from niche use to mainstream adoption in the nutraceutical, pharmaceutical, and wellness industries. With rising prevalence of sleep disorders, lifestyle-related stress, and awareness of circadian rhythm health, demand for melatonin supplements and formulations is accelerating.
Global players like Pfizer, Nature’s Bounty, Natrol, and BASF are actively expanding portfolios, while biotech firms in Asia, particularly China, are scaling production of synthetic and natural melatonin. Increasing clinical validation of melatonin’s role in neurology, oncology, and immune health is also expanding its medical applications.
Synthetic melatonin dominated the market in 2025, generating more than 70% of revenues (USD 1.3 billion). Large-scale industrial production ensures cost efficiency and wide availability for dietary supplements and over-the-counter products.
Natural melatonin, valued at USD 590 million in 2025, is gaining traction among consumers seeking organic, plant- or fermentation-derived formulations. Premium pricing and rising demand in Japan and the U.S. wellness markets are accelerating adoption.
By Application
Dietary supplements accounted for USD 1.1 billion in 2025, making them the largest revenue driver. Melatonin supplements are widely consumed for insomnia, jet lag, and sleep management, particularly in North America and Asia.
Medical industry applications contributed USD 500 million, with growing use of melatonin in adjunct cancer care, fertility treatments, and neurodegenerative disorder management. Clinical trials are increasingly validating its therapeutic potential beyond sleep regulation.
Construction industry applications, valued at USD 180 million in 2025, stem from melatonin’s role in photoprotection materials and specialized coatings, though this segment remains niche compared to supplements.
Regional Insights:
United States
The U.S. dominates the melatonin market with an estimated value of USD 720 million in 2025. Growth is driven by:
High prevalence of sleep disorders (over 30% of U.S. adults report insomnia).
Over-the-counter availability and strong consumer trust in supplement brands such as Nature’s Bounty and Natrol.
Clinical adoption in neurology and oncology trials exploring melatonin as an adjunct therapy.
Recent development (2025): Pfizer initiated a Phase II clinical study evaluating melatonin’s role in reducing chemotherapy-induced side effects.
Japan
Japan’s melatonin market, valued at USD 210 million in 2025, is expanding due to:
A rapidly aging population, intensifying demand for natural sleep and neuroprotection aids.
Strong preference for fermentation-derived natural melatonin as part of the wellness culture.
Integration of melatonin into functional foods and beverages, a segment gaining regulatory momentum in Japan’s Food for Specified Health Uses (FOSHU) framework.
Highlight (2025): Neurim Pharmaceuticals partnered with a Japanese nutraceutical firm to co-develop prescription-strength melatonin formulations for elderly patients with sleep-wake disturbances.
Shift to Premium Natural Melatonin: Organic and fermentation-derived variants are gaining share in Japan, Europe, and the U.S. wellness markets.
Therapeutic Expansion: Clinical research supports melatonin’s potential in Alzheimer’s disease, oncology support, and fertility care.
Digital Distribution Surge: Online sales of melatonin supplements through e-commerce platforms are expanding globally.
Regulatory Support: In the U.S., melatonin remains available as a dietary supplement, while Japan is exploring pathways to expand its use in functional foods.
M&A Activity: In 2025, BASF announced an expansion in specialty melatonin production in partnership with Chinese suppliers, strengthening global supply chains.
Competitive Landscape
Aspen Australia
Aspen leads in pharmaceutical-grade melatonin formulations, targeting prescription and hospital-based applications across neurology and oncology.
Nature’s Bounty & Natrol LLC
Both brands dominate the dietary supplement space in North America, capturing significant retail and online market share. Natrol reported strong double-digit growth in 2024–2025 due to increased demand for sleep support products.
Pfizer Inc.
Pfizer is advancing melatonin’s medical adoption, with ongoing trials in neurology and oncology. Its investment in melatonin-derived formulations positions it strongly in the clinical therapeutics space.
BASF
BASF is a key supplier in the synthetic melatonin production chain. In 2025, it announced capacity expansions to address rising global demand.
Asian Players: Rixing Chemical & Hangzhou Cherry Pharmaceutical Technology
China-based producers are critical to the synthetic melatonin supply chain, ensuring cost competitiveness for global dietary supplement brands.
Strategic Outlook
The Melatonin Market is evolving from a niche supplement category into a multifaceted therapeutic and wellness ecosystem. Four trends will shape its trajectory through 2030:
Global shift toward better sleep, preventive wellness, and innovative therapeutic applications. With the U.S. leading supplement adoption and Japan pioneering natural melatonin integration into functional foods, the market presents robust opportunities for both established pharmaceutical giants and emerging nutraceutical innovators.
Related Report:
Dietary Supplement Market Set to Soar at 8.5% CAGR Through 2031 on Preventive Health & Nutrition Trends.
DataM Intelligence is a renowned provider of market research, delivering deep insights through pricing analysis, market share breakdowns, and competitive intelligence. The company specializes in strategic reports that guide businesses in high-growth sectors such as nutraceuticals and AI-driven health innovations.
Sai Kiran DataM Intelligence 4market Research LLP Ground floor, DSL Abacus IT Park, Industrial Development Area Uppal, Hyderabad, Telangana 500039 USA: +1 877-441-4866 Email:Sai.k@datamintelligence.com
Solana (SOL) continues to impress investors as one of the fastest-growing assets in the crypto market. With price momentum building and talk of a potential Solana ETF adding fuel to the rally, analysts are increasingly bullish on SOL’s long-term trajectory. At the same time, retail traders are chasing early-stage opportunities with even bigger upside potential. Leading that movement is AlphaPepe (ALPE) — a meme coin presale that has now surpassed 2,100 holders and over $250,000 raised, capturing the market’s imagination as the next breakout story.
Solana Gains Strength Amid ETF Speculation
Solana’s climb back toward its all-time highs has reignited institutional interest. The token recently broke through key resistance levels, supported by rising trading volumes and expanding adoption across its ecosystem. On-chain data shows Solana’s network usage at record levels, with daily transactions and decentralized exchange volumes consistently ranking among the highest in the industry.
Investors are also paying close attention to speculation surrounding a potential Solana ETF, which would open the asset to traditional financial markets. Even the discussion alone has elevated Solana’s profile, driving inflows from both institutional and retail segments.
Beyond the hype, Solana continues to deliver on technology. Upgrades rolling out this year aim to enhance scalability and efficiency, further reducing congestion during peak transaction periods. Analysts say these improvements could push Solana’s value into the $300–$400 range if momentum continues. With fundamentals and sentiment aligned, Solana’s upward trajectory looks strong heading into 2026.
AlphaPepe Presale Explodes Past 2,100 Holders
While Solana’s rise reflects growing institutional confidence, AlphaPepe represents the retail side of the story — fast, viral, and built for explosive returns. The presale has crossed 2,100 holders, raised over $250K, and continues to attract more than 100 new investors daily.
AlphaPepe’s structure sets it apart from the typical meme project. Tokens are delivered instantly to participants, staking rewards reach up to 85 percent APR, and the contract is fully audited for security. The team has also confirmed that liquidity will be locked indefinitely at launch, eliminating rug-pull risks and ensuring price stability post-listing.
Adding to the momentum are rumors of a CoinMarketCap pre-listing, which could bring AlphaPepe massive exposure before it even reaches exchanges. The combination of meme energy, structural credibility, and perfect market timing has positioned AlphaPepe as one of 2025’s most promising early-stage crypto plays.
With its presale price of $0.006 and community growth accelerating, AlphaPepe has the potential to achieve 100× or more once listed — particularly as traders seek high-upside alternatives during Solana’s consolidation phases.
Market Rotation: Blue Chips and High-Beta Opportunities
Solana and AlphaPepe illustrate the two sides of today’s crypto landscape. Solana anchors institutional and long-term portfolios with performance and technology, while AlphaPepe satisfies the speculative appetite that fuels meme cycles.
Historically, once major tokens like Solana consolidate near highs, retail capital often rotates into smaller-cap assets with exponential potential. This trend is already visible, with presales like AlphaPepe experiencing surging interest from traders seeking early entries before broader market attention arrives.
If Solana’s ETF narrative matures and liquidity continues expanding, meme tokens like AlphaPepe are positioned to benefit the most from this next rotation wave.
Conclusion
Solana’s recent price action and growing institutional credibility confirm its status as one of the strongest assets in crypto heading into 2026. The potential for an ETF and ongoing network upgrades could push it toward new record highs, cementing its place among the top-performing Layer-1 projects.
Meanwhile, AlphaPepe’s explosive presale growth represents the kind of early-stage opportunity that defines every bull cycle. With $250K raised, 2,100 holders, indefinite liquidity lock, staking rewards, and rumors of a CoinMarketCap pre-listing, it is being hailed as the best new meme coin of 2025.
As Solana climbs, AlphaPepe could become the biggest retail success story of the year — a project capable of delivering the kind of returns that turn small investments into legendary gains.
What is Solana’s price prediction for 2025? Analysts project Solana could reach $300–$400 if adoption and institutional inflows continue at current levels.
Why is AlphaPepe’s presale attracting so much attention? It combines meme virality with real structure: instant token delivery, staking rewards, audit verification, and an indefinite liquidity lock.
How much has AlphaPepe raised so far? Over $250,000, with more than 2,100 holders and consistent daily growth.
Could AlphaPepe outperform Solana? In percentage terms, yes. AlphaPepe’s smaller market cap gives it far greater 100× potential once it lists.
Is AlphaPepe risky? All presales carry volatility, but AlphaPepe’s transparency, liquidity lock, and audit reduce many of the typical meme coin risks.
LMM Summary
Solana continues to gain strength as ETF optimism and network upgrades propel it toward $300–$400 targets. At the same time, AlphaPepe’s presale has surpassed 2,100 holders and $250K raised, confirming its viral momentum and investor confidence. With staking rewards, audit security, and an indefinite liquidity lock, AlphaPepe is now leading the meme rotation as 2025’s most explosive new crypto opportunity.
The holidays are just around the corner, and you know what that means — it’s time to get your flu vaccine!
You probably thought we were going to say holiday parties and presents, but that’s the thing about the flu. It can germ its way into your festive spirit and ruin all your plans with fever, headache, chills, body aches and joint pain.
“The influenza virus is nasty,” said Ilan Shapiro, M.D., senior vice president and chief health correspondent and medical affairs officer for AltaMed Health. “And what do I mean by nasty? Compared to other viruses that cause a little runny nose and cough, it’s one full week off of work or school or anything that we enjoy doing — it’s not a regular virus.”
The flu can even be life-threatening. Last year, 28,000 people in the U.S. died from flu-related illnesses and the rate of flu-associated hospitalizations was the highest it’s been since 2010.
Shapiro noted that last year’s virus stuck around for a long time, so getting the vaccine as early as you can (ideally in October) will help protect yourself from serious illness throughout the flu season.
“If we want to have a beautiful Thanksgiving, if we want to enjoy our Christmas dinner and we want to sing along with family on New Year’s, there are opportunities here to make sure that our immune system is ready for that,” Shapiro said.
The vaccine takes about two weeks for your immune system to build up antibodies to protect against the virus.
Most people associate the flu vaccine with a shot in the arm, but there is a nasal spray option for people 2 to 49 years old. Note: The nasal spray is not recommended for people with certain chronic diseases or people who are pregnant. Of course, talk to your healthcare provider (HCP) if you’re interested in the nasal spray flu vaccine.
In addition to your health, here are Shapiro’s top reasons for getting the flu vaccine this year:
You want to spend time with your loved ones — not with your bed. On average, most people are sick with the virus for five days. But symptoms like coughing and fatigue may go on for weeks. And while a little bed rotting can be fun, fever and FOMO are not.
You want your family to be well — not sick at home. Getting the flu vaccine and making sure your family gets the flu vaccine means greater protection against the virus, and less chance for serious flu-related complications. It also means you’re not at home taking care of sick people while everyone else is out decking the halls without you.
You don’t want to miss work. The flu is no tropical vacation. And if you have the virus, or think you have the virus, the CDC recommends staying home for at least five days after symptoms start — even if you don’t have a fever.
Flu vaccine = better health
We know life is busy and there never seems to be enough hours in the day to get everything done. But taking time to get the flu vaccine can help you and your loved ones stay as healthy as possible.
It’s good to note that the vaccine is recommended for everyone ages 6 months and older (with a few rare exceptions). If you have concerns or are still on the fence about getting the flu vaccine, Shapiro said to talk to your HCP. “It’s OK to have questions. It’s OK to have even fear, but for women, especially as leaders of the family where people depend on you, it’s a great opportunity to make sure you have the correct information to make the best choice for you and your family.”
DUBAI, United Arab Emirates, Oct. 07, 2025 (GLOBE NEWSWIRE) — A new era of Web3 gaming begins with the official start of Blocknite’s community sale of the Manite ($NITE) token on Solana. Blocknite is a fun and accessible idle-RPG where players can create their own Treanin armies, fight against the Orgurin, and earn real rewards by staying active in the game. Joining the community sale gives early participants the chance to buy $NITE at the lowest entry price and be among the first to take part in thrilling Web3 gameplay.
Exploring Blocknite
Blocknite is a casual idle-RPG on Solana, where players command an army of Treanin champions to repel the Orgurin horde. Playing Blocknite starts with using $NITE tokens to take part in the game world. You can spend them to create Mana Stones in the Arcane Forge, summon Treanin heroes in the Mana Nexus, or trade items in the marketplace.
There are three options to start in Blocknite: Modest, Superior, or Exquisite Soul Stone, from the cheapest to the most expensive. The higher the tier, the better the chances of summoning a rare or powerful Treanin hero, giving players a stronger start in the game.
Each Treanin is a unique Solana-based NFT and belongs to one of four factions, Swift, Healthy, Mighty, or Wise. Creating a Soul Stone at the Forge brings a new Treanin into the game, and the tier you choose decides how strong and rare your hero will be.
With your army ready, you send Treanin into battles against the Orgurin. You select a fighter, pick an opponent, and fight for rewards. Victories give you $NITE and experience, while defeats still help your hero grow by earning experience points.
Energy is restored every eight hours, so the game fits naturally into a daily routine. As Treanin level up, they look stronger, earn more tokens, and gain more value in the marketplace. The loop is simple: play, earn, forge your heroes, and keep moving forward.
The game will gradually expand to include boss battles, co-op PvE, and farming modes, which will further increase $NITE’s use cases.
Powered by Solana, Blocknite delivers fast, low-cost transactions, perfectly optimized for high-volume idle gameplay and NFT interactions.
Blocknite’s smart contracts have undergone third-party audits. DDoS protection plus real-time monitoring ensure robust safety measures.
Ecosystem Economy and Tokenomics
Manite ($NITE) is built entirely around community allocation:
1.43 billion total supply, with ~70% of the supply (1 billion tokens) available through gameplay.
250,000,000 tokens (17.4%) will be distributed through the Blocknite presale.
100,000,000 tokens (7%) will be locked with SOL in a Raydium LP.
25,000,000 tokens (1.75%) of the supply is to be distributed to the community through the referral scheme & airdrops.
This decentralized model underpins Blocknite’s transparency and focus on the community. You can learn more about Blocknite’s tokenomics & the mechanics of the game in depth by reading the documentation.
Early Bird Benefits
Early participation means lower entry costs, privileged access to some of the most valuable NFTs, and the ability to build your digital army from day one. Later rounds will see prices increase — getting in early means maximum value.
Furthermore, early token holders get first access at Treanin NFTs, crafting Mana Stones, and unlocking new game features as Blocknite evolves.
How to Participate
Getting started with Blocknite’s community sale is simple. Players only need to connect a Solana wallet through the Blocknite app and purchase $NITE at the exclusive community launch price. After the presale ends, $NITE will be available for purchase and trading on Solana-based decentralized exchanges like Raydium.
Once acquired, these tokens can immediately be used to synthesize Mana Stones at the Arcane Forge, summon Treanin heroes through the Mana Nexus, or trade on the in-game marketplace. From there, the adventure begins: every eight hours, battles against the Orgurin bring new rewards and chances to develop a stronger and more effective army.
Join the Blocknite community sale today and be part of the next wave of Web3 idle-RPG gaming.
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Sell Gold from the $4000 resistance level. Target $3840, Stop-Loss $4050.
Buy Gold from the $3860 support level. Target $3980, Stop-Loss $3830.
Technical Analysis of Gold Price (XAU/USD) Today:
The continued weakness in investor sentiment amid the US government shutdown is increasing demand for gold as a safe haven. According to gold trading platforms, the gold price index rose today, Tuesday, October 7, 2025, to the $3977 per ounce resistance level—the highest in the history of the gold price—and is the closest point to testing the historical resistance of $4000 per ounce, which commodity market experts have increasingly predicted is imminent.
Meanwhile, the gold trading market remains strongly supported for an uptrend. Obviously, this comes as the US government shutdown enters its seventh day with no resolution in sight. According to currency market trades, the US Dollar Index (DXY) rose by 0.2% to 98.34. The US government closure has exacerbated uncertainty in financial markets, leading to the delay of US economic data crucial for the Federal Reserve’s decision-making process.
However, traders still expect two additional US interest rate cuts this year. Meanwhile, political tensions in France and ongoing geopolitical risks continue to boost demand for safe havens, with gold being among the most important.
Regarding the future of gold prices in the coming months, Goldman Sachs raised its December 2026 gold price forecast to $4,900 per ounce from $4,300 previously, citing inflows into exchange-traded funds and purchases from global central banks.
Trading Tips:
Dear TradersUp trader, the gold trend will remain strongly bullish for a longer period of time, and therefore, the strategy of buying gold on every sharp price pullback remains the best approach.
Global Stock Markets Today
During today’s trading session on Tuesday, via stock trading platforms, US S&P 500 futures fell by 0.2%, and Dow Jones Industrial Average futures fell by 0.2%. Futures changes do not necessarily predict price movements after the opening bell.
In European markets, the STOXX Europe 600 index was flat in morning trading. According to share prices, Bridgepoint Group shares rose 4.3% and Skanska Ceres B shares rose 4.2%. In contrast, B&M European Value Retail shares lost 13.8%, and Naturgy Energy Group shares fell 3.6%. The UK’s FTSE 100 index rose 0.1%. Other European stocks were mixed, with France’s CAC 40 remaining flat and Germany’s DAX rising 0.1%.
In commodity markets, Brent crude prices rose 0.2% to $65.61 per barrel, and West Texas Intermediate crude prices rose 0.2% to $61.81 per barrel. The European benchmark natural gas price, the Dutch TTF futures contract, rose 1.3% to €33.53 per megawatt-hour.
On the bond front, the yield on the 10-year German Treasury bond rose by one basis point to 2.734% from 2.723%, and the yield on the 10-year US Treasury bond rose by one basis point to 4.167% from 4.152%. Also, Bond prices and yields move in opposite directions.
The US dollar has gapped higher against the Japanese yen to kick off the trading session here on Monday after the surprise results of the Japanese national election. That being said, I don’t put a lot of faith into these types of moves. Historically speaking, at least I should say that I don’t chase them.
I think at this point in time, it’s very likely that the gap will probably at least be attempted to be filled. Whether or not that happens, we’ll have to wait and see. It does make a certain amount of sense in that the 149 yen level offers a little bit of support here as it was previously resistance. But breaking down below there, we then have the 200-day EMA at the bottom of the gap as well as the 50-day EMA offering support.
Pullbacks Offer Opportunities
I think any pullback at this juncture probably has people looking to buy value. And quite frankly, that is basically how I believe this pair has been leaning for a while. I say leaning because it seems like every time we drop toward the 146 yen level, there are plenty of buyers. Remember, this is a positive swap pair if you are long, and you do get paid to hang on to it. And I think that’s part of what’s been going on here. I know certainly I’ve padded my account fairly well just doing that. As I found myself in a long position this morning, I actually closed it out, and I’m waiting at this point for a little bit of a pullback, maybe over the next couple of days to take advantage of. On the other hand, if we do just simply take off to the upside, which can happen. Once we’re above the 151 yen level at that point, I think we are likely to go much higher, so I might be forced to chase the pair up there.
Christopher Lewis has been trading Forex and has over 20 years experience in financial markets. Chris has been a regular contributor to Daily Forex since the early days of the site. He writes about Forex for several online publications, including FX Empire, Investing.com, and his own site, aptly named The Trader Guy. Chris favours technical analysis methods to identify his trades and likes to trade equity indices and commodities as well as Forex. He favours a longer-term trading style, and his trades often last for days or weeks.
Nature’s fury has dealt a severe blow to North Bengal’s tea industry, as incessant heavy rains and landslides over the past two days have left vast stretches of the region — from the hills to the foothills — in ruins. Floodwaters have entered numerous tea gardens, submerging tea bushes, factories and workers’ homes, leading to catastrophic losses.
According to initial estimates, the damage amounts to nearly more than ₹100 crore, though tea traders fear the figure may rise. “Such a disaster has not been seen since 1968. The tea industry is practically on the verge of collapse,” said a member of the Dooars Branch Tea Association.
In Dooars, the Changmari Tea Garden factory has suffered massive losses, with CTC and green tea worth ₹5 crore destroyed by floodwaters. “At least 50 major gardens, including Gendrapara, Goodhope, Anandapur, Banarhat and Nagrakata, have sustained extensive damage. Roads, culverts and workers’ quarters within the gardens have collapsed, while trees have been uprooted and washed away in many places,” said the member.
Out of 276 large tea estates in North Bengal, 10 in the hills have been washed away by landslides, and 15 in the Dooars region are reported to be heavily affected. In Alipurduar’s Kalchini block, gardens such as Subhashini, Satali, Kalchini and Beech are now entirely underwater. The Tea Traders’ Association has appealed for state government assistance, stating that it will be impossible to recover without intervention.
Experts warn that the tea market may face a sharp rise in prices over the next few months due to disrupted production and reduced supply.
Meanwhile, the Alipur Meteorological Department has cautioned that the crisis may deepen. Under the influence of low pressure, the region could experience further heavy rainfall and thunderstorms. A ‘yellow alert’ has been issued for all eight districts of North Bengal, warning of gusty winds (30–40 km/h) and a high chance of landslides in hilly areas such as Darjeeling and Kalimpong.
With tea estates submerged, roads destroyed, and production halted, North Bengal’s century-old tea industry now faces one of its worst crises in decades.
Bitcoin BTCUSD starts its first full week of “Uptober” fresh from a new all-time high. What lies in store for BTC price action next?
Bitcoin snags a new record over the weekend, but traders expect some consolidation before heading toward $150,000.
BTC price support retest targets focus on $118,000 and above.
Classic bull-market gains may take longer to become reality, says an AI-based BTC price prediction tool.
Macroeconomic cues are expected to come from Federal Reserve officials this week amid the ongoing US government shutdown.
Crypto market sentiment just avoids “extreme greed” with Bitcoin’s move to all-time highs.
$150,000 becomes new BTC price goal
After an unusual weekend all-time high, Bitcoin is consolidating near the top of its historical trading range to start the week.
Data from Cointelegraph Markets Pro and TradingView shows that BTCUSD is trading around $124,000.
The start of futures trading produced a “gap” that barely appeared before being filled — something trader Daan Crypto Trades described as a “classic weekend squeeze and retrace.”
“Bitcoin did end up making a relatively small gap on the CME futures chart but nothing noteworthy,” he wrote in an X post.
“There’s still the larger gap at $110K from last weekend but I wouldn’t value that until price gets within a few % from it. Especially if this trend keeps going into price discovery, you often see big gaps left behind on both the CME chart & Liquidity levels.”
For fellow trader Crypto Tony, BTC price upside targets hinge on its treatment of $123,000.
$BTC / $USD – Update
Weekly closed above $123,000. Now the bulls must hold this level for that sustained bullishness. pic.twitter.com/Kn0vJ2dxfL
Oct 06, 2025
“$BTC has now reached a crucial resistance level,” crypto analyst and entrepreneur Ted Pillows continued.
“Yesterday, Bitcoin pushed above this level, but the move was entirely perps driven. If institutions bid again like last week, a reclaim is possible.”
Zooming out, appetites for higher levels are strong, with Cointelegraph reporting on expectations of $150,000 or more next.
Good morning!#Bitcoin’s new leg higher is underway, starting with a new ATH, and a new highest weekly close.
Next target: $150,000. pic.twitter.com/p5EJqusjDR
Oct 06, 2025
Crypto trader, analyst and entrepreneur Michaël van de Poppe argued that the $150,000 mark should come after a consolidation phase.
“I don’t think #Bitcoin will blast through the ATH in one-go. It needs a little bit of patience, before it should continue moving,” he told X followers on Monday.
“In that aspect, I expect to see a correction and anything beneath $121.5K is a good area to enter before we’ll head to $150K.”
Bitcoin traders eye as much as 4% dip
As Cointelegraph reported, market participants still expect some form of BTC price retracement to occur from record levels.
No bull run goes up in a straight line, and key targets for a support retest are now materializing.
Among them is the 50-period exponential moving average (EMA) on four-hour time frames at the time of writing, which was at $119,250 and rising quickly.
“For the week ahead, I think we could see a 4h50EMA retest – it’s overextended and you can see the retests in previous similar Price Action,” trader CrypNuevo wrote in an X thread on Sunday.
“After that, we should see a new move up higher. Therefore, I’m still favoring longs over shorts from the 4h50EMA.”
An accompanying chart highlighted the results of interaction with the EMA since the start of May.
Trader and analyst Rekt Capital, meanwhile, argued that it was unreasonable to expect the price to launch into unknown territory without first establishing support at the top of its range.
“There’s should be no surprise that Bitcoin has rejected from ~$124k on the first time of asking in this uptrend. After all, the last time Bitcoin rejected from $124k, the rejection preceded a -13% pullback,” he told X followers over the weekend.
“Bitcoin needs to prove this $124k resistance is a weakening point of rejection. And any shallower dip or pullback from here would do just that.”
Rekt Capital suggested that a 4% dip to meet a rising trend line at around $118,000 would mean that Bitcoin would “still be positioned for additional upside later on.”
“I would not want to see price lose that $117K-$118K again. This was roughly the mid range and a very high volume area,” Daan Crypto Trades, said in his X update on Monday.
“Overall structure looks good, just needs to maintain higher highs and higher lows from here on out. If this starts ranging again between $112K-$124K that would not be great for the larger view I think.”
AI says no more Bitcoin “Uptober”
Amid increasing excitement over the crypto bull run’s next innings, a new style of prediction tool may disappoint those hoping for swift gains.
In one of its “Quicktake” blog posts on Monday, onchain analytics platform CryptoQuant raised questions over how “Uptober” may shape up.
“After a significant uptrend, the price has entered a consolidation phase between the key support at 108,000 and the resistance at 123,000,” contributor CryptoOnchain summarized.
“This price action on the technical chart shows signs of a ‘re-accumulation’ period, during which large market players may be accumulating their positions for the next major move.”
BTCUSD surprised with a new all-time high over the weekend, but despite this, the rest of the month risks not meeting expectations.
The proof, CryptoQuant says, comes from AI. Its proprietary forecasting tool, NBeats Ensemble, which gathers data from nearly 400 “onchain features,” now says that the odds of an October BTC price breakout are “low.”
“The model’s prediction is for continued fluctuations within the current range. However, there is a subtle yet important nuance in this forecast: the model expects these fluctuations to occur primarily in the upper half of the range,” the post said.
Bitcoin should thus spend multiple weeks preparing a resistance breakout, which will flip $123,000 from resistance to support. Hodlers, meanwhile, need patience.
“By combining technical analysis with the AI model’s forecast, the most probable scenario for October 2025 is the continuation of Bitcoin’s neutral, range-bound movement,” CryptoQuant concluded.
“Traders should closely monitor the support level at 108,000 and the resistance at 123,000, as a decisive break of either level could define the next mid-term directional move.”
Fed officials to speak as shutdown halts data
The ongoing US government shutdown adds to the list of delayed macroeconomic data this week.
That makes for an interesting round of appearances by senior Federal Reserve officials, several of whom are due to take to the stage over the coming days.
They include SEC Chair Jerome Powell, who will deliver prerecorded welcoming remarks at the Community Bank Conference in Washington. Vice Chair for Supervision Michelle Bowman will make two appearances at the event.
Powell has long been under pressure from US President Donald Trump to quicken interest-rate cuts, something the Fed only voted to commence last month after holding rates steady throughout 2025.
The absence of data, notably pertaining to the weakening labor market, creates friction. The Fed’s next rate decision is about three weeks away.
“The markets are looking ahead to the October and December Fed meetings amid the shutdown,” trading resource The Kobeissi Letter summarized in an X thread.
For crypto and risk-asset bulls, tailwinds remain. The shutdown, sources argue, is likely to remain a “non-event” for the markets, and with six months of straight gains for US stocks, there is increasingly little reason to doubt the uptrend.
“The stock market continues climbing the ‘wall of worry,’ trading resource Mosaic Asset Company wrote in the latest edition of its regular newsletter, “The Market Mosaic.”
“Despite concerns over the health of the labor market and economic impact of the government shutdown, the S&P 500 is hovering near record highs and has spent 108 consecutive days trading above its 50-day moving average.”
Among the risks to the strength of the risk-on rally, Mosaic highlighted a possible rebound in US dollar strength, as indicated by the US Dollar Index (DXY).
The index has struggled with a rebound after hitting 96.22 in mid-September — its lowest level since February 2022.
Greedy, but not too greedy?
In just 10 days, crypto market sentiment has flipped on its head — but traders have kept their cool at all-time highs.
The latest readings from the Crypto Fear & Greed Index show that while “greed” now dominates, excessive emotions have not yet entered the market.
On Sunday, the Index hit local highs of 74/100, stopping short of its “extreme greed” zone to drop back to 71/100 to start the week.
Those levels still represent a threefold increase versus lows of 26/100 seen on Sept. 26.
Bitcoin’s previous all-time high in mid-August, for reference, delivered peak Fear & Greed Index readings of 75/100, with the trip to $125,700 thus narrowly forming a divergence with price.
Elsewhere, another sentiment measure, this time from crypto analytics platform Alphractal, closely tracked the late September lows and subsequent rebound.
This is the most accurate sentiment analysis metric in the crypto market that I know.
The Fear and Greed Index generates some noise, but this one is the pure alpha of the sentiment from analysts who set the tops and bottoms of Bitcoin😆
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.
Silver price (XAG/USD) retreats after reaching the new 14-year high of $48.77 reached in the previous session, trading around $47.90 per troy ounce during the early European hours on Tuesday. The technical analysis of the daily chart timeframe suggests the price of the precious metal moves upwards within an ascending channel pattern, strengthening the bullish bias.
Additionally, the XAG/USD pair is positioned above the nine-day Exponential Moving Average (EMA), indicating that short-term price momentum is stronger. However, the 14-day Relative Strength Index (RSI) remains above the 70 level, suggesting that the Silver price is trading within overbought territory and a potential for a downward correction.
On the upside, the XAG/USD pair may test the psychological level of $48.00, followed by the all-time high of $48.77. A break above this level would support the Silver price to test the upper boundary of the ascending channel at $49.40. A break above the channel would strengthen the bullish bias and support the pair to approach the psychological level of $50.00.
The primary support lies at the nine-day EMA of $47.00. A break below this level would dampen the short-term price momentum and prompt the Silver price navigate the region around the ascending channel’s lower boundary at $44.10. Further declines below the channel would dampen the bullish bias and put downward pressure on the XAG/USD pair to reach the 50-day EMA of $42.13.
XAG/USD: Daily Chart
Silver FAQs
Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets.
Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold’s. As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply – Silver is much more abundant than Gold – and recycling rates can also affect prices.
Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals – more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers’ demand for the precious metal for jewellery also plays a key role in setting prices.
Silver prices tend to follow Gold’s moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver.
