October 17, 2025 saw a broad pullback across the cryptocurrency market as sellers extended pressure for a second consecutive day. Bitcoin fell below the $107,000 mark, while Ethereum retreated from the $3,900 region. Altcoins continued to weaken and sentiment shifted deeper into fear, with traders hesitating to deploy capital aggressively as risk appetite faded. With the market still recalibrating after recent volatility, price action reflected caution, profit-taking, and defensive positioning across nearly all major assets.
Bitcoin (BTC) Falls Toward $105K Support
Bitcoin closed the day at $106,416, after briefly touching intraday lows near $103,700. The failure to hold above the $107,000 support region confirmed a short-term breakdown. Traders are watching the $105,000 zone as the next important area where buyers may attempt to defend the trend. At this stage, Bitcoin remains above its longer-term accumulation band, but recent selling pressure reflects risk aversion and positioning cuts from short-term leveraged traders. For bulls, reclaiming the $110,000 area would be the first sign of renewed strength.
Ethereum (ETH) Reclaims Partial Ground After Intraday Weakness
Ethereum finished at $3,830, having dipped under $3,700 during the session before buyers stepped in. The $3,700–$3,750 range has recently emerged as soft support, while resistance remains near the $3,950–$4,000 area. ETH continues to mirror Bitcoin’s broader directional structure, though development activity on the network remains strong. Analysts believe that returning above $4,000 could restore confidence, while a breakdown toward $3,600 could trigger a deeper wave of fear.
XRP Extends Weekly Losses
XRP settled at $2.29, continuing a heavy weekly decline. The asset faced selling pressure as traders reduced exposure to high-beta altcoins. Support now rests around $2.20, which held intraday during the worst dip of the day. If bulls manage to push price back above $2.50, it could signal a shift—otherwise, XRP may remain range-bound in the lower $2 region until sentiment improves.
Cardano (ADA) Tests Key Borderline Level
Cardano ended the day at $0.6243, marking another retreat following early-month strength. ADA briefly broke under $0.60 intraday, though buyers defended that level on multiple attempts. The current structure shows resistance at $0.70, which acted as a ceiling earlier this month. Until momentum returns, ADA’s path remains cautious and sensitive to broader market direction.
Shiba Inu (SHIB) Stays Near Multi-Month Low
Shiba Inu closed at $0.0000097, holding only slightly above a critical support region. With meme-based assets losing steam in the current environment, SHIB will require renewed speculative enthusiasm to break back above $0.0000100 confidently. For now, investors continue to take a wait-and-see approach, limiting impulsive buying and focusing on broader risk signals instead.
Dogecoin (DOGE) Attempts to Stabilize
Dogecoin finished at $0.1847, remaining within a familiar demand zone. With multiple tests of the $0.1800 support region in recent sessions, DOGE is developing a base structure. On the upside, reclaiming $0.20 and eventually breaking into $0.22 territory would improve medium-term prospects. Without a strong catalyst, however, volatility remains likely.
Kaspa (KAS) Holds $0.05 Floor
Kaspa closed at $0.0518, staying within a consolidation range. The $0.0500 level continues to act as a pivotal floor. If Kaspa can break above $0.0600 again, momentum could shift back in favor of bulls. For now, the project still maintains interest due to ongoing innovation and technical metrics, but short-term traders remain cautious.
SUI Faces Continued Pullback
SUI wrapped the session at $2.44, reflecting ongoing corrective pressure. While the ecosystem remains active, price structure is weak in the near term. A push back above $2.70–$2.80 could signal a shift, but if the $2.30 level fails, the next support sits around $2.00. Traders remain attentive to ecosystem updates and liquidity flows.
Pi Network (PI) Slides Near Fresh Lows
Pi Network closed at $0.2024, bringing the token near an important psychological $0.20 level. Without major listings or a confirmed open mainnet timeline, Pi’s trading continues to reflect speculation rather than fundamental price discovery. Support remains fragile.
Market Outlook
| Cryptocurrency | Price (Oct 17, 2025) | Daily Change | Key Takeaway |
|---|---|---|---|
| Bitcoin (BTC) | $106,416 | -1.5% | Testing breakdown area near $105K |
| Ethereum (ETH) | $3,830 | -1.5% | Needs to reclaim $4K for strength |
| XRP | $2.29 | -1.7% | Weak unless above $2.50 |
| Cardano (ADA) | $0.6243 | -3.1% | Critical support near $0.60 |
| Shiba Inu (SHIB) | $0.0000097 | -3% | Near multi-month low |
| Dogecoin (DOGE) | $0.1847 | -1.9% | Holding $0.18 demand zone |
| Kaspa (KAS) | $0.0518 | -3.2% | Must reclaim $0.06 |
| SUI | $2.44 | -2.8% | Weak short-term trend |
| Pi Network (PI) | $0.2024 | -2.4% | Near lowest range |
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