The Fed adopts a dovish stance, continues a series of interest rate cuts and may also end QT (quantitative tightening). Mateusz Czarny invites you to the next edition of the cryptocurrency market analysis live!
The hottest news from the cryptocurrency market
After two years of stagnation and the Sejm passing the most restrictive regulations in the European Union, the Polish cryptocurrency scene can finally see friendly regulations. The industry is currently counting on President Karol Nawrocki’s veto, and the new draft bill on the crypto-assets market assumes competitive fees, proportionate penalties and a specialized supervisory body.
On October 24, 2025, during the PiS Program Convention in Katowice, prof. Krzysztof Piech presented the main assumptions of the draft bill, which has a chance to change the face of the Polish cryptocurrency market. It was the first program discussion of political parties in Poland devoted to the future of the crypto industry.
What does on-chain data tell us about the condition of the market?
The liquidation zones indicate the potential for upside moves up to the $119,000 level, where we have a large liquidation zone and a simultaneous filling of the FVG.
Trading volume is increasing, position count is increasing, liquidations are increasing. Of course – increased volatility and increased market dynamics, as always, accompany events such as the announcement of interest rates by the FED, so I would advise you to hold off on positions for now.
BTC, ETH and BNB technical analysis
In today’s analysis, we will look at three cryptocurrencies. These will be Bitcoin, Ether and Binance Coin.
Bitcoin
The 110,000 – 112,000 zone is currently the key support for BTC. BTC has fallen in recent days due to volume divergence and the occurrence of a large liquidation zone at current levels.
The pre-FED market came down for this money, but in a long-term up move, this is usually the event that precedes another rally.
USD 130,000 for BTC and new ATH over the next days/weeks is a very realistic scenario, and throughout the fourth quarter we may see up to USD 150,000 for this asset.
On-chain data shows that top traders from Hyperliquid are starting to go long, and not only BTC, but for the first time in a long time they are taking up altcoins,
among others, for Solana, which, thanks to the Grayscale fund, is once again on the lips of the crypto industry. For those who are not familiar with the topic, I will just mention briefly:
that Grayscale, one of the largest fund managers in the crypto industry, today launched the first spot ETF for the native token SOL on the NYSE, and historically
we know that the ETF events were groundbreaking for Bitcoin and Ether in terms of the price of the token itself, but also adoption and respect among institutional groups.
So Q4 remains very optimistic for the cryptocurrency market 👇
Ethereum
Ethereum marks a large liquidity line on its chart to be collected towards the new ATH, as well as locally (in the $4,200 – $4,300 zone). However, I am afraid of downward volume divergence, which may suggest that we will visit lower levels first.
The current POI marked on the chart (USD 3,950 – 3,850) is a good place for short-term scalps, on the m1-m5 intervals.
In the longer term, I would look for a position on the spot market at USD 3,400 – USD 3,600 – this is a very safe bet, but it practically guarantees medium-term success in this asset.
BinanceCoin
Price Action (PA) BNB is currently in an accumulation phase around $1,000 after the price recovered following a new ATH breakout of around $1,375.
Note that the last time I set a target for our Telegram community was around USD 780, and since then I left further profit up to your decision, and since then the price has increased by over 72%, so I think you are well-earned. And in fact, this is not the end, because BNB is developing nicely, former CEO of Binance “CZ” was recently pardoned by Trump and the entire ecosystem looks simply good.
In order to compete with Solana and Hyperliquid, BNB must maintain its momentum and stay above USD 1,000, although the volume on this asset, like on the previous ones, is starting to point against it.
The current economic environment overseas favors the decision to make another cut in December – the US government shutdown is still ongoing, which artificially reduces employment statistics.
This worsens the overall market picture, especially in the context of the already visible slowdown.
In the private sector, the situation is also not the best, as companies such as Ford, Microsoft, Amazon, Intel, Nestle, UPS and Meta have recently laid off large
number of employees.
At the same time, Nvidia today became the first company in history to reach $5 trillion in market capitalization. We are therefore in full swing on the stock market
and traditional assets – we recently minted ATH on gold and we see a rotation to crypto that has already started. ATH on Russell also remains an important indicator and forecaster for the digital asset industry.
QT is scheduled to end on December 1 – quantitative tightening. You can learn more about this by following the current speech by FED Chairman Jerome Powell.
Keep an eye on the price action of bitcoin and ethereum now, because the broader altcoin market should follow these two cryptocurrencies when the altseason begins in earnest, and I personally believe that, just like last year, the fourth quarter of 2025 will be very good for the crypto market!
The article does not constitute investment advice. For more interesting analyzes be sure to follow our social media!
