October 8, 2025 brought a calmer tone to the crypto market following several days of strong gains. Bitcoin retested the $122,000 level but struggled to maintain upward momentum, while Ethereum held above $5,000 as traders eyed a potential move toward $5,200. Altcoins largely entered consolidation mode, signaling a healthy cooldown after Uptober’s rapid surge.
Bitcoin Retests $122K as Momentum Slows Slightly
Bitcoin traded between $121,200 and $122,100 during the session, briefly touching recent highs before easing lower on reduced trading volume. The market’s pause comes after a multi-day rally that lifted BTC by more than 5%. Analysts suggest this slowdown is a natural consolidation phase within a broader bullish trend. Support remains firm near $120,000, while resistance persists at $123,500 — levels likely to define the next major move.
Ethereum Holds $5K Support and Targets $5,200
Ethereum maintained its strength, hovering around $5,040 after breaking $5,000 earlier this week. Buyers continue to defend key support levels as the network benefits from increasing activity in staking and DeFi markets. Traders view $5,200 as the next significant upside target. As long as ETH remains above $4,950, the bullish trend remains intact heading into the second week of October.
XRP Consolidates With Accumulation Trend Unbroken
XRP traded steadily around $3.11, reflecting the broader market’s consolidation tone. Despite the muted price movement, on-chain data suggests accumulation continues among larger holders. The $3 level remains a critical psychological and technical support zone. If momentum returns to the broader market, XRP could attempt to retest its near-term resistance at $3.20.
Cardano Holds Gains Above $1.05 Amid Market Pause
Cardano maintained its position around $1.06 after recent gains, showing resilience despite a broader cooldown. The project’s ecosystem developments continue to underpin positive sentiment, while traders interpret ADA’s quiet price action as a sign of healthy consolidation. If market conditions improve, a move toward $1.08 remains likely within the week.
Shiba Inu Trades Flat After Meme Rally Slows
Shiba Inu traded around $0.0000143, marking a quiet session after several days of strong community-driven momentum. Retail participation tapered slightly as traders took profits from recent upticks. Nonetheless, SHIB remains above key support at $0.0000138, suggesting that bullish interest remains intact even as short-term speculation cools.
Dogecoin Stays Above $0.30 After Recent Breakout
Dogecoin held its recent breakout gains, trading just above $0.30 for most of the session. The token’s stability above this psychological level suggests strong underlying demand. Traders are now watching for a push toward $0.32, though the market may need a fresh catalyst to fuel the next leg higher. DOGE’s volume remained steady, reflecting balanced activity between buyers and sellers.
Kaspa Consolidates as Layer-2 Optimism Remains Strong
Kaspa traded quietly near $0.0918, consolidating after several sessions of consistent gains. Its Layer-2 development roadmap continues to generate optimism among holders, keeping buying interest steady. While volatility has subsided, KAS remains one of the more stable mid-cap performers in Uptober’s rally, showing signs of gradual, sustainable growth.
SUI Holds Above $4.25 as Bulls Stay in Control
SUI traded in a tight range between $4.24 and $4.30, maintaining its position after last week’s breakout. The token’s consistent strength underscores confidence in its expanding ecosystem and active developer community. As long as SUI holds above $4.20, the broader technical outlook remains positive, with short-term traders eyeing $4.40 as the next upside target.
Pi Network Remains Flat With Limited Participation
Pi Network once again stayed anchored at $0.35, extending its streak of negligible movement amid low liquidity. The token remains largely disconnected from broader market dynamics due to its restricted trading availability. Until major listings improve accessibility, Pi Network’s price action will likely remain static despite wider Uptober enthusiasm.
Market Outlook: Consolidation Before Potential Next Leg Higher
| Cryptocurrency | Current Price | 24h Change | Key Takeaway |
|---|---|---|---|
| Bitcoin (BTC) | $121,700 | +0.1% | Retests $122K as volume cools |
| Ethereum (ETH) | $5,040 | +0.2% | Holds above $5K, eyes $5,200 breakout |
| XRP | $3.11 | 0.0% | Accumulation continues amid consolidation |
| Cardano (ADA) | $1.06 | +0.2% | Holds gains with stable sentiment |
| Shiba Inu (SHIB) | $0.0000143 | 0.0% | Quiet session after recent meme rally |
| Dogecoin (DOGE) | $0.30 | 0.0% | Maintains breakout zone, steady volume |
| Kaspa (KAS) | $0.0918 | +0.1% | Consolidating after steady rise |
| SUI | $4.27 | +0.2% | Holds strong above support, trend intact |
| Pi Network (PI) | $0.35 | 0.0% | Low liquidity keeps token inactive |
