Bitcoin Jumps 5% as Retail Traders Return to Major Cryptocurrencies After October Crash

The Bitcoin price has surged 5% in the last 24 hours to trade at $95,637 as investor confidence improves following the heavy market crash in October 2025.

According to Wintermute, retail traders have shifted their focus back to major cryptocurrencies like Bitcoin and Ether after losing faith in altcoins. Since 2022, many retail investors preferred altcoins over Bitcoin and Ether. However, the large liquidation event on October 10 changed market sentiment.

The crash caused major losses and raised fears of a broader bear market. After this, traders quickly moved their funds back into safer, more liquid assets like Bitcoin and Ether. By the end of 2025, retail traders were behaving more like institutions, choosing stability over risky altcoin bets.

This shift stopped a proper “altcoin season” from forming. Although new altcoin narratives such as memecoins and AI tokens appeared, they did not last long or attract strong confidence. In 2025, most altcoin rallies lasted only about 20 days, compared to 45–60 days in previous years.

This showed that traders were making short-term moves instead of committing to long-term trends. Many rallies faded quickly, showing weaker momentum in the altcoin market.

Bitcoin Technical Analysis: Bulls Target $100K After Breakout

Bitcoin price indicates a strong bullish momentum on the 4-hour chart after breaking above key resistance, signaling a possible continuation toward the $100,000 level. Price is currently trading at $95,450, holding firmly above the former resistance zone.

The market structure has shifted in favor of buyers following a rounded bottom formation between $89,000 and $90,000. This pattern marks a trend reversal, and in Bitcoin’s case, it was followed by a clean bullish breakout. The breakout confirms renewed demand after weeks of consolidation.

BTC previously respected a major support zone near $86,000–$88,000, where strong buying pressure prevented further downside. This area has now become a solid base for the current rally. After bouncing from support, the price formed higher lows, indicating growing bullish strength.

BTCUSDT Chart Analysis. Source: Tradingview

Bitcoin has now entered a reward zone, where momentum-driven moves tend to accelerate. The next key resistance lies between $96,000 and $97,000. A strong close above this zone could open the door for a push toward the psychological $100,000 level.

Bullish Momentum Still in Control

The Relative Strength Index (RSI) on the 4-hour timeframe is around 76, showing strong bullish momentum. While this places BTC in overbought territory, it does not automatically signal a reversal. In strong trends, RSI can remain elevated for extended periods as buyers stay in control.

Short-term pullbacks remain possible, particularly if profit-taking occurs near resistance levels. However, as long as BTC holds above the $92,000–$93,000 support area, the bullish structure remains intact.

A breakdown below this zone could trigger a retracement toward $90,000, where buyers are expected to defend the rounded bottom support. Until then, market sentiment remains positive.