Crier's Corner Market update 9/30

Market Update – September 30, 2025

Bitcoin (BTC)

So, Bitcoin right now is sitting at $114,000, up from about $111,000 the last time we talked. It’s been trading in a pretty tight range all month. The monthly high was $118,000 and the monthly low was $108,000, which we hit on September 26th. Since then we bounced back, and in my opinion this is bullish movement coming off that bottom.

What I’m looking for here is a push above $117,500. That’s kind of the line in the sand for me where I’d feel confident saying, “Okay, we’re back in that zone where all-time highs are back on the table.” Until then, it’s still consolidation. Structurally, we’ve seen a higher high at the end of August, then a higher low, then mid-September gave us a lower high, which really shows the market squeezing together. That tightening action usually resolves in a big move. The way it looks to me, it could easily be setting up as a bull flag, and that’s the type of setup that often fuels a strong breakout into Q4.

Ethereum (ETH)

Ethereum right now is at $4,145, down a little from about $4,300 on the last update. Same theme as Bitcoin—it’s been consolidating in a tighter band. Remember, ETH put in a new all-time high of $4,959 at the end of August, and then retraced all the way down to $3,800. That’s about a 23% pullback. And honestly, that’s textbook crypto behavior. These 20–30% retracements are normal. They wash out the weak hands, shake out leverage, and then set the stage for another push higher.

So, while we’re down a little bit right now, I see this as healthy. Combine that with the macro environment—rate cuts, more favorable sentiment around crypto—I think Q4 lines up really well for ETH. Historically, September has been the best month to buy crypto when you look at year-over-year returns. This September looks no different to me.

Altcoins

Now let’s move into some alts that I’m watching: Solana, Avalanche, and Pengu.

Solana (SOL) is currently around $208. September was a wild ride for it. We started the month closer to $190, ran all the way to $250, then dropped back down to $190 on September 25th. Since then, it’s recovered and climbed back above $200. To me, that looks like a breakout, a retest, and now a hold of that $190 area as support—which used to be resistance. That’s exactly what you want to see. SOL has been lagging behind BTC and ETH for a while, and in my view this is it playing catch-up.

Avalanche (AVAX) is trading between $29 and $30. The low this month was $27, with a high at $36. At the start of the month, we were in the $24–25 range, so it’s been a solid move up. The key is that the low at $27 came right in line with the other market lows around September 25th, and since then AVAX has been recovering well. The RSI looks supportive, and to me this is another case of strong structure and a setup for continuation higher.

Pengu (PENGU) is sitting at about $0.027. This one had a really clean move earlier in the month. On September 9th it broke through its trendline resistance, ran all the way up to $0.04, and now it’s pulled back to retest that same trendline as support. That’s a healthy retest. My buy zone has been $0.025 to $0.027, and right now we’re right in that range. To me, this looks like a solid accumulation zone before the next leg up.

Big Picture

The rotation has been really clear. First it was Bitcoin leading, then we saw a strong Ethereum run, and now we’re seeing money rotate into the alts. Historically, that’s the pattern we get before the broader market lifts into the end of the year. With Bitcoin consolidating near highs, ETH holding strong after a healthy retrace, and alts starting to gain traction, I think Q4 has the potential to be very strong.

So, overall: BTC looks bullish as long as $108k holds and a break above $117.5k sets the stage for all-time highs. ETH is digesting its move and setting up for another push. SOL and AVAX are showing strong structures, and Pengu is right in its accumulation zone. My bias is bullish continuation across the majors and into selective alts going into the last quarter of the year.

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