Crypto Market Analysis Today: BTC, ETH Levels (Oct 29, 2026)

Market snapshot

Bitcoin (BTC) trades at $81,118.66, up 0.87% in 24h but roughly flat on the week (+0.05% 7d). Ethereum (ETH) sits at $2,349.95, up 0.80% in 24h and 0.98% over 7d. Among other large coins: BNB is at $749.04 (24h +0.18%, 7d +2.93%), Solana (SOL) at $101.78 (24h +0.73%, 7d +1.78%), XRP at $1.29 (24h +1.08%, 7d +1.30%), and Dogecoin (DOGE) at $0.08003 (24h +1.32%, 7d +2.06%), per CoinMarketCap data.

What moved prices

The Federal Reserve held rates steady at 3.75%-4% on a 10-2 vote, with two dissents favoring a hike. Bitcoin initially dipped to roughly $79,810 as traders digested sticky inflation signals alongside oil trading above $115/barrel, before rebounding to current levels.

Despite the dip, US spot Bitcoin ETFs logged a three-day inflow streak: $110.34M, $175.99M and $137.33M on Oct 26-28, lifting cumulative net inflows to $57.61B. Ethereum ETFs moved the other way, bleeding about $170.21M in net outflows over the same three sessions, led by $44.83M from BlackRock's ETHA. On-chain data showed ETH whales shifting roughly 160,000 tokens (about $348M) toward exchanges, while exchange balances rose near 100,000 ETH—adding selling pressure as the broader crypto market cap fell about 1.7%. A delay to the Hoodi testnet activation for Ethereum's Glamsterdam upgrade (originally slated for Oct 26) added a secondary drag on ETH sentiment this week.

Key levels and scenarios

For Bitcoin, support sits at $79,700-$80,000, with resistance at $82,000 and then $84,000-$85,000. A bullish scenario would involve BTC reclaiming and holding above $82,000 on continued ETF inflows and easing inflation data; a bearish scenario would see a break below $79,700 amid renewed outflows or hotter-than-expected macro prints.

For Ethereum, resistance is at $2,377-$2,400, with support near $2,290-$2,320. Sustained ETF outflows and whale-to-exchange transfers are bearish signals that could pressure ETH toward support, while a reversal in ETF flows or progress on the Glamsterdam upgrade could support a move back toward resistance.

Crypto markets remain highly volatile, and these are scenario descriptions, not price predictions. This is not investment advice.

What to watch next

• Oct 29, 2026: US PCE inflation report (September data) from the Bureau of Economic Analysis
• Oct 30, 2026: ~$17B combined Bitcoin and Ether options expiry on Deribit, landing amid the Fed decision aftermath and heavy tech earnings
• Nov 10, 2026: US CPI report (October data) from the Bureau of Labor Statistics
• Nov 12, 2026: Aptos (APT) token unlock of 24.8M APT (~10% of circulating supply, about $173M), part of roughly $450M in November unlocks led by Aptos and Avalanche