October 6, 2025 delivered the strongest rally yet of Uptober, as bullish sentiment swept through global markets. Bitcoin finally broke above the long-standing $120,000 resistance, sending a wave of confidence across the board. Ethereum approached the key $5,000 level, while altcoins followed with impressive gains. Traders and analysts alike are calling this the official start of Uptober’s acceleration phase.
Bitcoin Smashes $120K and Sets New Monthly High
Bitcoin surged past $120,000 for the first time this quarter, touching an intraday high of $120,800 before modest profit-taking. The breakout marks a crucial psychological milestone and signals growing conviction among buyers. Technical traders now eye $122,500 as the next resistance target, while $118,000 has flipped into short-term support. The move has also reignited institutional inflows, strengthening the bullish narrative heading into mid-October.
Ethereum Approaches $5,000 as Momentum Builds
Ethereum rallied toward $4,940 during the session, coming within striking distance of the $5,000 milestone. The network’s strong staking participation, coupled with rising DeFi activity, has fueled steady buying pressure. Traders view $5,000 as the next key psychological test — a successful breakout could open the path toward $5,200 or higher. For now, support at $4,800 remains solid, keeping Ethereum well-positioned in its current uptrend.
XRP Holds Ground Near $3.10 as Volume Picks Up
XRP climbed modestly to $3.10, showing renewed trading activity after several quiet weeks. Increased volume suggests that traders are re-entering positions amid the broader market surge. While XRP remains below its short-term resistance near $3.15, sustained accumulation around this level could prepare the token for a potential push higher once volatility stabilizes.
Cardano Extends Gains as It Targets $1.05
Cardano advanced to $1.04, continuing its steady rise alongside the broader market. The token’s resilience reflects strong community confidence and growing excitement over upcoming ecosystem integrations. ADA has now reclaimed levels not seen since early September, with bulls eyeing $1.05 as the next target. As Uptober gains momentum, Cardano’s slow-and-steady approach is proving effective once again.
Shiba Inu Gains Momentum With Retail Traders Back in Play
Shiba Inu rose to $0.0000141 after renewed retail activity drove short-term rallies across meme tokens. The community’s social engagement surged as trading volume climbed, indicating a return of speculative enthusiasm. Although volatility remains high, SHIB continues to capitalize on broader market optimism, holding comfortably above key support at $0.0000135.
Dogecoin Reclaims $0.29 as Speculative Demand Grows
Dogecoin jumped to $0.29, extending its recent run and edging closer to the long-watched $0.30 resistance. The token benefited from increased meme-coin momentum and a wave of short-term buying interest. Traders are now watching $0.30 closely — a breakout could trigger rapid upside toward $0.32, while $0.27 serves as key near-term support.
Kaspa Holds Firm Despite Rapid Market Rotation
Kaspa maintained its position around $0.091, showing remarkable consistency even as capital rotated into higher-risk assets. The token’s stability amid aggressive market moves has reinforced its reputation as a dependable mid-cap performer. With its Layer-2 roadmap gaining traction, Kaspa continues to attract long-term investors seeking reliability during fast-moving market phases.
SUI Pushes Past $4.20 as Altcoin Rally Accelerates
SUI surged to $4.22, continuing its breakout streak from the previous week. The token’s expanding ecosystem and strong developer traction have turned it into one of the top performers this Uptober. If momentum holds, traders anticipate a move toward $4.40 in the coming sessions. Its consistent technical strength makes SUI one of the standout altcoins of early October.
Pi Network Unchanged as Market Liquidity Bypasses It
Pi Network once again remained flat at $0.35, with trading volumes showing little improvement. Despite active community engagement, liquidity constraints and a lack of major listings keep the token sidelined. Until broader market access improves, Pi Network is expected to remain detached from the wider Uptober rally.
Market Outlook: Uptober Rally Gains Full Momentum
| Cryptocurrency | Current Price | 24h Change | Key Takeaway |
|---|---|---|---|
| Bitcoin (BTC) | $120,400 | +1.8% | Breaks $120K, momentum accelerating |
| Ethereum (ETH) | $4,930 | +1.5% | Nears $5K, bullish pressure intensifies |
| XRP | $3.10 | +0.4% | Accumulation rising amid market strength |
| Cardano (ADA) | $1.04 | +0.7% | Targets $1.05 with strong community support |
| Shiba Inu (SHIB) | $0.0000141 | +0.9% | Retail traders boost short-term momentum |
| Dogecoin (DOGE) | $0.29 | +1.1% | Approaching $0.30 breakout zone |
| Kaspa (KAS) | $0.091 | +0.3% | Holds firm, showing relative strength |
| SUI | $4.22 | +1.0% | Breakout continues as Uptober gains pace |
| Pi Network (PI) | $0.35 | 0.0% | Liquidity constraints persist |
