In a discussion with Coinpedia, crypto analyst Kripto Holder shared his latest assessment of Bitcoin, arguing that the market is currently going through a phase of liquidity gathering and leverage reduction rather than a clear accumulation period.
According to the analyst, the $65,000–$66,000 region should be viewed as an area where excess leverage is being flushed from the market. While Bitcoin holding above $65,000 as Open Interest declines is a constructive development, weak Spot CVD and a negative Coinbase Premium continue to point to a lack of strong spot buying activity.
“Bitcoin is currently telling me: the market is clearing, but the uptrend is not yet confirmed.”
The analyst believes Bitcoin still needs to reclaim the $67,000–$68,000 range and secure acceptance above $72,000 before a sustained bullish trend can be confirmed. Until then, he views the current price action as part of a broader market reset rather than the start of a new leg higher.
Kripto Holder also pointed to recent market activity, noting that Bitcoin wiped out billions of dollars in long liquidations during the latest correction. Following the sell-off, spot whales reportedly began accumulating around the $62,000 level, helping drive the asset back toward $67,000.
In addition, the analyst highlighted that roughly $8 billion in liquidation liquidity remains below current prices, down to $60,000. He suggested that a move toward higher liquidity zones could help improve market structure.
“A sharp wick to the $69,200 band today followed by a rapid pullback would be quite healthy for the market.”
According to the analyst, such a move would remove excess leverage and clear out traders who entered the market late due to FOMO, potentially creating a stronger foundation for the next major trend.
Despite the improving structure, Kripto Holder warned that a loss of the $65,000 level could reopen lower liquidity zones. In that scenario, Bitcoin could revisit the $63,000–$61,000 range, with the deeper $58,000–$56,000 zone becoming relevant if selling pressure increases.
Bitcoin Price Prediction Q4
Looking ahead, the analyst remains cautiously optimistic about Bitcoin’s prospects for the fourth quarter. If the cryptocurrency successfully reclaims the $67,000–$68,000 range and establishes acceptance above $72,000, he expects Bitcoin to climb toward the $78,000–$85,000 region in Q4.
“A reclaim of $67,000–$68,000 and then acceptance above $72,000 is needed.”
In a stronger bullish scenario, Kripto Holder believes Bitcoin could extend its rally toward the $90,000–$100,000 range, provided spot demand strengthens and key resistance levels are decisively reclaimed.
Ethereum Price Forecast
Crypto analyst Kripto Holder said that Ethereum’s biggest challenge is not innovation but capital allocation within the crypto market.
“The problem for Ethereum isn’t technology, it’s capital flow,” he said, noting that Ethereum is unlikely to outperform Bitcoin as long as the ETH/BTC pair remains weak.
The analyst believes demand for staking-backed ETFs and stronger institutional ETH inflows could be the key catalysts for a turnaround over the next six months. Based on his outlook, Kripto Holder has set a 2026 base target of $2,800–$3,500 for ETH, with a bullish scenario pointing to $4,500–$5,500.
XRP Price Prediction
Holder said XRP has upside potential, but believes positive headlines alone will not be enough for the token to outperform Bitcoin and Ethereum.
“News flow alone is not enough to surpass BTC and ETH,” he stated, adding that XRP needs an XRP/BTC breakout, stronger spot volume, institutional inflows, and a weekly close above $1.80 to strengthen its bullish case.
Based on his outlook, Kripto Holder has set a 2026 base target of $1.80–$2.50 for XRP. In a strong bullish scenario, he sees the token reaching $3.20–$4.80, while a bearish scenario could send XRP back to the $0.70–$0.95 range.