What is the Technical Outlook for Bitcoin? Exchange Analysts Share Their Outlook

Gate Research, the research unit of cryptocurrency exchange Gate.io, has published its weekly report on the Bitcoin and Ethereum markets.

The report noted that Bitcoin briefly fell below $100,000 before recovering to $106,000, but this rise may be merely a technical correction.

In today’s decline, the BTC price is currently trading at $101,180.

Gate Research analysts argued that easing concerns about the risk of a US government shutdown and a recovery in risk appetite supported Bitcoin’s price, but trading volume and capital inflows remained weak. According to the report, “while the leading MACD indicator is signaling a positive crossover, this doesn’t signal a sustained uptrend.”

Ethereum, meanwhile, spent the week fluctuating between $3,400 and $3,650, with recovery momentum reportedly limited. It was noted that overall market sentiment remains cautious, and therefore the recent surge is a technical correction rather than the start of a new bullish phase.

According to Gate Research data, Bitcoin’s implied volatility (IV) stood at 45% and Ethereum’s at 74%. These high rates suggest analysts are anticipating continued market volatility.

Analysts noted that Bitcoin’s realized volatility (RV) has fallen to 39.7% and the volatility risk premium has moved into positive territory. This suggests that market participants are starting to overprice future volatility.

*This is not investment advice.

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