Start with the number that matters today: the $75,823 floor pivot on BTC/USD. With spot at $75,662 the daily crypto market analysis reads bearish, and all four majors lean bearish. What follows is the coin-by-coin breakdown.
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 | Bearish | $75,662 | $75,823 | $76,139 | $76,617 | $75,346 | $75,029 | $76,139 |
| ETH/USD | Bearish | $2,230.07 | $2,233.62 | $2,243.07 | $2,256.08 | $2,220.61 | $2,211.16 | $2,243.07 |
| SOL/USD | Bearish | $89.41 | $89.66 | $90.19 | $90.96 | $88.89 | $88.36 | $90.19 |
| XRP/USD | Bearish | $1.2023 | $1.2076 | $1.2165 | $1.2308 | $1.1934 | $1.1845 | $1.2165 |
Bitcoin price analysis: BTC/USD trades under its pivot
Spot Bitcoin is 0.2% below the $75,823 pivot, at $75,662. The pivot now works as a ceiling. It is under both the 50-period EMA ($77,705) and the 200-period average ($78,046), so trend and pivot agree.
Momentum is soft: 1H RSI reads 30.2. Support sits at $75,346 (S1) and $75,029 (S2). Resistance is $76,139 (R1), then $76,617 (R2). Invalidation: a close over $76,139 cancels this bias.
ETH/USD support and resistance levels for November 6, 2026
Spot Ethereum is 0.2% below the $2,233.62 pivot, at $2,230.07. The pivot now works as a ceiling. It is under both the 50-period EMA ($2,307.86) and the 200-period average ($2,286.02), so trend and pivot agree.
The 1H RSI at 28.3 puts momentum in oversold territory. Downside levels to watch: $2,220.61 and $2,211.16. Above price, $2,243.07 and $2,256.08 are the resistances. If price closes above $2,243.07, drop the bearish view.
SOL/USD support and resistance levels for November 6, 2026
Spot Solana is 0.3% below the $89.66 pivot, at $89.41. The pivot now works as a ceiling. It is under both the 50-period EMA ($92.45) and the 200-period average ($94.89), so trend and pivot agree.
On the hourly chart RSI is 33, a soft reading. The ladder reads $90.96 / $90.19 above and $88.89 / $88.36 below. If price closes above $90.19, drop the bearish view.
XRP price analysis: XRP/USD trades under its pivot
XRP changes hands at $1.2023, 0.4% under its $1.2076 pivot. Sellers have the better of it. It is under both the 50-period EMA ($1.2594) and the 200-period average ($1.2625), so trend and pivot agree.
The 1H RSI at 25.3 puts momentum in oversold territory. Downside levels to watch: $1.1934 and $1.1845. Above price, $1.2165 and $1.2308 are the resistances. The read fails on a close above $1.2165.
Where this read could fail
When all four lean down, the contrarian case is a squeeze: crowded shorts feed a fast rally back to the pivot. Oversold readings in Bitcoin (30.2) and Ethereum (28.3) and Solana (33) and XRP (25.3) raise the odds of a relief bounce even inside a downtrend.
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
The short version: BTC/USD is bearish against $75,823, and all four majors lean bearish. Use the levels above as the map, keep risk to the invalidation points, and check back for the next update.
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.