September 23, 2025 delivered a burst of volatility across the crypto market as Bitcoin failed to clear key resistance levels. Ethereum remained steady, while altcoins diverged—some riding bullish momentum, others slipping into profit-taking pullbacks. Traders are bracing for a potentially pivotal week as market structure tightens and liquidity begins to rise after the weekend lull.
Bitcoin Rejected at $118K as Bulls Lose Momentum
Bitcoin attempted another breakout early in the session, surging toward the $118,000 resistance level before facing heavy selling pressure. The rally quickly reversed, sending BTC back down toward $116,800 by midday.
This rejection has temporarily dampened bullish sentiment, but the broader technical picture remains intact. Traders are watching whether Bitcoin can form a higher low around $116,000, which would keep the breakout structure alive.
Ethereum Holds Strong Above $4,500 Support
Ethereum displayed resilience, maintaining its position above $4,500 despite the broader pullback in Bitcoin. ETH traded between $4,510 and $4,580 throughout the session, suggesting that bulls remain firmly in control of key support zones.
Analysts note that Ethereum’s ability to decouple from Bitcoin’s intraday weakness is a positive sign, especially as DeFi activity continues to strengthen. A break above $4,600 could trigger accelerated upside momentum.
XRP Rebounds Slightly After Slow Start
XRP started the day sluggish but recovered to close around $3.05, posting a mild intraday gain. Traders attributed the bounce to renewed speculative interest and the token’s strong psychological support at the $3 mark.
While regulatory uncertainty continues to act as an overhang, XRP’s stability in choppy market conditions highlights the conviction of its long-term holders. The next key level to watch is $3.15, which could confirm a short-term bullish reversal if broken.
Cardano Shows Quiet Accumulation Amid Market Noise
Cardano’s price held steady near $0.91, reflecting a period of quiet accumulation beneath the surface. While ADA has not yet experienced the explosive rallies seen in previous bull cycles, its ecosystem development continues steadily.
Traders appear to be positioning for potential medium-term upside as major scaling upgrades approach. For now, Cardano remains one of the less volatile majors, which could work to its advantage if broader market turbulence returns.
Shiba Inu Pulls Back After Monday’s Speculative Surge
Shiba Inu experienced a natural correction after its sudden spike on September 22. Prices dipped to around $0.0000133 as short-term traders took profits. Despite the pullback, SHIB remains well above last week’s levels, and community sentiment stays upbeat.
Weekend-style bursts of speculative energy remain a defining feature of SHIB price action, making it a favorite for retail traders during volatile periods.
Dogecoin Holds Steady but Struggles for Direction
Dogecoin continued to trade sideways near $0.26, unable to break convincingly above resistance or fall below key support. This tight consolidation reflects a market waiting for a catalyst. Traders are increasingly focusing on whether upcoming ecosystem developments or broader meme-coin rotations could spark renewed interest.
Until then, DOGE remains in a holding pattern, mirroring the overall cautious mood of the market.
Kaspa Shows Resilience as Layer-2 Buzz Intensifies
Kaspa’s price held firm near $0.087, continuing its quiet but steady climb. The community remains enthusiastic about upcoming Layer-2 ecosystem events, which have driven a noticeable increase in developer activity. While Kaspa is not seeing explosive moves, its consistent resilience during volatile sessions has begun attracting more attention from traders seeking strong technical setups.
SUI Maintains Breakout Levels, Eyes Continuation
SUI consolidated just above $3.75, building on its breakout from earlier in the week. Bulls are now watching for a push toward $3.85, which could mark the beginning of a new rally leg. Developers continue to roll out ecosystem improvements, and traders are taking note of SUI’s relative strength compared to other altcoins during Bitcoin’s pullback. Sustained consolidation above resistance could signal further upside ahead.
Pi Network Remains Stuck in Liquidity Trap
Pi Network once again hovered around $0.35, struggling to generate meaningful movement. The persistent lack of major exchange listings continues to limit its upside potential, despite strong community engagement. Until liquidity barriers are addressed, PI is likely to remain range-bound, making it more of a speculative community asset than a market driver.
Market Outlook: Traders Watching for Mid-Week Breakouts
| Cryptocurrency | Current Price | 24h Change | Key Takeaway |
|---|---|---|---|
| Bitcoin (BTC) | $116,800 | −0.9% | Rejected at $118K, watching for higher low |
| Ethereum (ETH) | $4,540 | +0.2% | Holds strong above key support |
| XRP | $3.05 | +0.7% | Mild rebound, eyes $3.15 level |
| Cardano (ADA) | $0.91 | +0.3% | Quiet accumulation continues |
| Shiba Inu (SHIB) | $0.0000133 | −2.9% | Profit-taking after speculative spike |
| Dogecoin (DOGE) | $0.26 | 0.0% | Sideways trading, awaiting catalyst |
| Kaspa (KAS) | $0.087 | +0.5% | Steady resilience during volatility |
| SUI | $3.76 | +1.1% | Holding breakout level, bullish continuation possible |
| Pi Network (PI) | $0.35 | 0.0% | Liquidity issues keep price stuck |
