This Tuesday's daily crypto market analysis puts Bitcoin at $85,495 against a floor pivot of $85,642, and 3 of the four majors lean bullish and 1 lean bearish. The sections below cover Bitcoin, Ethereum, Solana and XRP in turn, with the support and resistance levels each read is built on.
What is a floor pivot?
A floor pivot is a price level worked out from the prior session's high, low and close. Traders use it as the day's reference point: price above it tends to favour buyers, price below it favours sellers, and the resistance (R1, R2) and support (S1, S2) levels around it mark likely turning points.
Support and resistance levels at a glance
| Pair | Bias | Spot | Pivot | R1 | R2 | S1 | S2 | Invalidation |
|---|---|---|---|---|---|---|---|---|
| BTC/USD | Bullish | $85,495 | $85,642 | $85,979 | $86,463 | $85,158 | $84,821 | $85,158 |
| ETH/USD | Bullish | $2,698.90 | $2,704.77 | $2,717.07 | $2,735.24 | $2,686.60 | $2,674.30 | $2,686.60 |
| SOL/USD | Bullish | $120.00 | $120.21 | $121.06 | $122.11 | $119.16 | $118.31 | $119.16 |
| XRP/USD | Bearish | $1.4980 | $1.5019 | $1.5104 | $1.5225 | $1.4898 | $1.4814 | $1.5104 |
BTC/USD support and resistance levels for October 6, 2026
At $85,495, Bitcoin sits 0.2% beneath the daily pivot ($85,642). Rallies into that line need to prove themselves. The model still carries a bullish bias, so treat price staying below the pivot as a test rather than a confirmation. The moving averages disagree, with the 50 EMA at $85,605 and the 200 at $84,540 on opposite sides of price.
On the hourly chart RSI is 44.8, a soft reading. Resistance sits at $85,979 (R1) and $86,463 (R2). Support is $85,158 (S1), then $84,821 (S2). The read fails on a close below $85,158.
ETH/USD support and resistance levels for October 6, 2026
Spot Ethereum is 0.2% below the $2,704.77 pivot, at $2,698.90. The pivot now works as a ceiling. The model still carries a bullish bias, so treat price staying below the pivot as a test rather than a confirmation. The moving averages disagree, with the 50 EMA at $2,706.58 and the 200 at $2,693.19 on opposite sides of price.
On the hourly chart RSI is 43.4, a soft reading. The ladder reads $2,735.24 / $2,717.07 above and $2,686.60 / $2,674.30 below. If price closes below $2,686.60, drop the bullish view.
SOL/USD support and resistance levels for October 6, 2026
Spot Solana is 0.2% below the $120.21 pivot, at $120.00. The pivot now works as a ceiling. The model still carries a bullish bias, so treat price staying below the pivot as a test rather than a confirmation. The moving averages disagree, with the 50 EMA at $120.51 and the 200 at $119.64 on opposite sides of price.
On the hourly chart RSI is 43.3, a soft reading. Upside levels to watch: $121.06 and $122.11. Below price, $119.16 and $118.31 are the supports. If price closes below $119.16, drop the bullish view.
XRP (XRP/USD) xrp price analysis: price holds under the pivot
XRP changes hands at $1.4980, 0.3% under its $1.5019 pivot. Sellers have the better of it. Trend filters agree: price is beneath the 50 EMA ($1.5035) and the 200 ($1.4995).
Momentum is soft: 1H RSI reads 44.1. Downside levels to watch: $1.4898 and $1.4814. Above price, $1.5104 and $1.5225 are the resistances. Invalidation: a close over $1.5104 cancels this bias.
Where this read could fail
With bias divided, relative strength is the story. The coin that holds its pivot while others fail is the one the market is quietly choosing.
Macro backdrop for crypto market analysis
Macro is the wild card. Rate-cut expectations, ETF inflow data and moves in the dollar index regularly push all four coins together, whatever their individual levels say.
Bottom line and how to use these levels
Bottom line for October 6, 2026: this daily crypto market analysis has Bitcoin bullish around $85,642 and 3 of the four majors lean bullish and 1 lean bearish. Treat the support and resistance levels as decision points, size positions to the invalidation levels, and expect the read to be refreshed tomorrow.
This analysis is educational market commentary built from computed technical levels. It is not investment advice, and crypto assets can lose value quickly. Verify any trade against your own risk limits.