Bitcoin Remains Resilient Despite Volatility: $87,400 Is The Level To Break

Cedric Cerezo
Cedric Cerezo54 minutes ago
Broader altcoin market clears $1.07 trillion while Bitcoin dominance weakens (Image: Shutterstock)
Broader altcoin market clears $1.07 trillion while Bitcoin dominance weakens (Image: Shutterstock)

Bitcoin (BTC) continues to show a broadly positive structure, even though the market remains highly volatile.

After the recent rally, a further pullback in BTC before another move higher would not be surprising. A decline toward the $82,000 $79,000 zone remains entirely possible and, in the author's view, would not mean that the uptrend is over.

On the contrary, this type of move is necessary and healthy for the market.

After a strong rally, many traders enter late, use too much leverage and become vulnerable to a sharp correction. A return to $80,000 $79,000 could therefore allow the market to flush out some of these positions before attempting another move higher.

87,400 and 82,000 dollars remain key levels

On the upside, particular attention is on the $87,400 area. On the downside, attention turns to the $82,000

Bitcoin daily chart and key technical levels

Screenshot 2026-09-28 at 19.50.12.jpg

The 50-day EMA at $79,000 and the key levels under watch.

Also Read: Coinbase CEO Pushes For Internal Platform Accountability As AI Agent Traffic Surges

If Bitcoin manages to break clearly above the $87,000 area and hold above it, this would strongly reinforce the case for further upside.

Before that happens, however, the market could continue to move sideways or experience further sharp swings.

It is precisely during these periods that many traders make the mistake of trying to anticipate every candle.

The preference here is to wait for confirmation from the market, with long positions on BTC considered around $79,000.

Ethereum could also become interesting

Ethereum (ETH) is also in an area worth watching. The $2,800 region is important.

If ETH manages to reclaim this level with strength, it could trigger an interesting move, particularly because many short positions remain in the market.

If these traders start closing their shorts, this could quickly add buying pressure.

Altcoins continue to offer attractive opportunities

A previous article noted positions held in several altcoins. This month, some of the best opportunities have come from assets beyond Bitcoin.

Cryptocurrencies such as Zcash (ZEC), Zama (ZAMA), Near (NEAR) and other altcoins have delivered particularly interesting moves.

Several of these assets generated more than $14,000 in profits this month through futures trading, while deliberately using a small account.

CryptoCedric September 2026 trading results

Screenshot 2026-09-28 at 19.50.50.jpg

This highlights an important point: a huge amount of capital is not always needed to achieve good results.

What matters much more is selecting the right assets, waiting for the right levels and, above all, managing risk properly.

Be careful not to chase the price

NEAR, for example, has rallied significantly in a short period of time.

Even with a positive medium-term stance on some of these projects, buying after a vertical rally simply because everyone has started talking about them is not the approach here.

Waiting for a pullback is generally the preference.

Zcash has also been one of the strongest assets recently. The trend remains interesting, but after such a strong advance, protecting profits and watching for signs of slowing momentum become even more important. There was also a very successful long trade on ZAMA, held for the long term.

Being bullish on an asset does not mean holding a position no matter what happens.

Protecting capital remains a priority

This is probably one of the most important lessons learned over the years.

When a position starts showing signs of weakness, reducing exposure and holding cash is sometimes the better option.

If the market then turns clearly bullish again, re-entering is no problem, even at a slightly higher price.

The aim is not to sell at the exact top and buy back at the exact bottom. Above all, the aim is to avoid unnecessarily large drawdowns.

For now, the outlook remains broadly positive.

Bitcoin could still experience volatility and potentially return toward $80,000 before moving higher again.

On the upside, $87,400 remains the key area to break.

Ethereum could also become much more interesting above $2,800, while altcoins continue to offer some of the best opportunities in the market.

This month is a good example: assets such as ZEC, ZAMA, Solana (SOL), Ondo (ONDO) and NEAR contributed significantly to performance and helped push profits from futures trading above $14,000 with a relatively small account.

The market therefore remains interesting and bullish, but a simple reality has to be accepted: even in an uptrend, the path is never perfectly linear.

Read Next: AI Agents Could Turn A $490 Interest Gap Into A Bank Funding Risk

Cedric Cerezo profile photo

Cedric Cerezo

Cedric Cerezo is a professional cryptocurrency trader, market analyst, mentor, and international speaker. Recognized for winning two world cryptocurrency trading competitions, he specializes in Bitcoin market structure, on-chain analysis, institutional capital flows, and trading psychology. His research combines technical analysis with macroeconomic and blockchain data to deliver high-conviction market insights for investors and industry professionals.

Disclaimer and Risk Warning: The information provided in this article is for educational and informational purposes only and is based on the author's opinion. It does not constitute financial, investment, legal, or tax advice. Cryptocurrency assets are highly volatile and subject to high risk, including the risk of losing all or a substantial amount of your investment. Trading or holding crypto assets may not be suitable for all investors. The views expressed in this article are solely those of the author(s) and do not represent the official policy or position of Yellow, its founders, or its executives. Always conduct your own thorough research (D.Y.O.R.) and consult a licensed financial professional before making any investment decision.
Latest News
Show All News