Overview

• On-chain firm Santiment reports XRP’s retail negativity at a six-month peak, with the bullish-to-bearish mention ratio sliding to 0.74 on Oct. 4 and 0.86 on Oct. 6.
• XRP was rejected near $2.92–$2.93 on heavy volume and slipped to about $2.85, with technical levels flagging $2.82–$2.80 as critical support and $2.7250 as the next downside target if that floor gives way.
• Bitcoin cooled to roughly $122,000 after notching fresh highs above $125,000–$126,000, as on-chain data showed renewed whale buying including $79.94 million sent to a Binance-linked wallet on Oct. 8.
• Glassnode estimates about 97% of BTC supply sits above cost basis, reflecting widespread unrealized gains as ETF inflows stay strong, though elevated positioning raises the risk of sharp pullbacks.
• Ethereum formed a large bull-flag setup after a $4,700 rejection with key support noted around $4,250–$4,300, while BNB recently overtook XRP for the No. 3 market-cap slot and is consolidating near $1,200–$1,350.