Bitcoin holds near $82,000 as Solana and Ondo edge higher

What happened

Bitcoin closed October 19 at $81,843.70, down 0.19%, after reaching $83,100. The session traded above the $82,538, $82,826 resistance area from Monday's report but did not hold above it at the close. The report called that an intraday move through resistance, not a confirmed daily breakout.

The daily MACD stayed bearish. Its line fell to −10.68 against a 393.08 signal, and the histogram improved to −403.76 from −456.84. The report described that as a narrowing gap between the lines, not a bullish crossover.

Ethereum closed at $2,405.43, down 0.09%, after a $2,382.78, $2,443.70 session. Its 14-day RSI eased to 37.87 from 38.03, below the neutral 50 line but above the 30 oversold threshold.

Solana gained 0.89% to close at $104.95, extending a recovery from Sunday's $100.34 low. The close stayed below the 50-day EMA at $106.75 and the 20-day EMA at $108.96.

Why it matters

The broader market rose with Bitcoin. Total crypto market capitalization gained 1.68% to $2.78 trillion, and crypto ETFs recorded net inflows of $526.7 million, the biggest in a month.

Treasury yields remain the main pressure point, with the 10-year note above 5%. The Fear & Greed Index reads 51, which the report describes as broadly neutral sentiment.

Later data showed Bitcoin around $82,704 and Solana near $106.09, up 1.11% over 24 hours. Ethereum traded around $2,448.81, up 1.76%. Pyth Network led gainers with an over 11% jump, while Morpho fell over 7.61%.

What is still unclear

• Bitcoin's next direction is unresolved. A daily close above $83,100 would strengthen a recovery toward $84,049, $84,250, while losing $81,648 would expose $80,568.
• Another report puts the key support range at $80,500 to $81,500 and says a close below $80,500 could expose $76,250 and $75,180.
• Solana's rebound is not confirmed on the daily chart while price stays below two falling trend references. Failure to hold $103.43 would bring $101.00 into view.

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