Bitcoin could experience upward movement in early 2026, but analysts caution this bounce may precede a deeper downturn in the second quarter. Market structures show similarities to March 2025 patterns. Liquidity conditions and investor sentiment indicators suggest challenges ahead, according to analyst EndGame Macro.

Bitcoin's current decline exhibits patterns consistent with previous market bottoms over the past year. The short-term holder MVRV ratio reached 0.86, nearing levels that historically preceded rallies to new highs. Key moving averages have flipped to resistance, leaving the recovery timeline uncertain.

Solana is retesting a key demand zone between $145 and $155 that has held since November 4, following a nearly 10% decline from weekly highs of $171.90. The asset is trading around $155 as technical indicators suggest potential further decline toward $140. On-Balance Volume shows continued selling pressure while the Money Flow Index remains below 50, reinforcing bearish momentum.

Chainlink has declined 30.1% from $22.58 to $15.77 since early October, despite over 63 million LINK tokens leaving exchanges in the past month. Recent price recoveries have triggered profit-taking by holders, suggesting weak bullish conviction and potential for further losses. The pattern indicates investors remain cautious despite ongoing institutional partnerships.

Trader EGRAG applied Elliott Wave theory to XRP's price structure, projecting a potential target of $6.75 with an optimistic scenario extending to $18.25. Exchange data shows record outflows since late October, indicating strong accumulation among holders.

Dogecoin encountered selling pressure at the $0.18 level after declining 31% over the past month, according to CoinMarketCap. The memecoin fell 2.67% in 24 hours, with Open Interest dropping 3.66% during the same period. Technical indicators point to continued bearish momentum as traders maintain a short-term negative sentiment.

Altcoin trading volume has reached 51% of total cryptocurrency market activity, but rising Bitcoin Dominance at 60.5% suggests BTC may outperform most altcoins in the near term. The altcoin market cap remains unable to break above $1.13 trillion, a resistance level established during the 2021 cycle. Elevated trading volume likely reflects selling pressure rather than bullish accumulation, according to analyst Maartun.

ZKSync rose 15% to $0.076 on November 6 before retracing approximately 12% from its local peak. Technical analysis shows the token trading in a range between $0.066 support and $0.077 resistance. Liquidation data indicates potential movement toward the $0.064-$0.065 zone within one to two sessions, with upside targets near $0.079.

Solana dropped 21% from its recent weekly peak despite U.S. exchange-traded funds recording $421 million in net inflows last week. The token tested the $156.65 support level after breaking below the $168.8 swing low established on October 10. Technical indicators suggest continued weakness despite institutional accumulation.