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FX.co ★ Trading Recommendations for the Cryptocurrency Market on September 29

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Crypto Analysis:::2025-09-29T06:36:03

Trading Recommendations for the Cryptocurrency Market on September 29

Bitcoin rose sharply during today's Asian session, reaching $112,300, after previously trading near $109,000. Ethereum also gained significantly, climbing back to the $4,000 level, which had been broken late last week.

Trading Recommendations for the Cryptocurrency Market on September 29

Meanwhile, Eric Trump, son of the U.S. president, recently stated that the fourth quarter of 2025 will be incredible for BTC and the entire cryptocurrency market, citing seasonality and similar factors. According to him, the future of crypto looks bright thanks to QE, an expanding money supply, regulatory progress, and the actions of the White House administration. While the impact of political statements on the cryptocurrency market is hard to overestimate, figures like Eric Trump, whose words are widely quoted in the media, are capable of creating waves of interest and speculation around digital assets. His optimistic forecast for Q4 2025, based on a mix of seasonal and macroeconomic factors, will certainly resonate with some investors.

However, it is worth noting that the cryptocurrency market is highly volatile and subject to a wide range of influences. The QE, monetary expansion, and regulatory progress mentioned by Eric Trump are only part of a much larger equation. Institutional sentiment, technological innovation, competition between cryptocurrencies, and global economic and political events also play a crucial role. Therefore, despite optimistic forecasts, traders should remain vigilant and conduct their own analysis before making investment decisions. Eric Trump's words may serve as an additional factor, but not the sole reason for entering the market. Cryptocurrency is complex—but exciting!

Regarding the intraday strategy in the cryptocurrency market, I will continue to act based on major pullbacks in Bitcoin and Ethereum, expecting the bullish medium-term trend to remain intact.

Below are the short-term trading scenarios.

Trading Recommendations for the Cryptocurrency Market on September 29

Bitcoin

Buy Scenario

  • Scenario 1: Buy Bitcoin at $112,100 with a target of $113,100. At $113,100, exit longs and immediately sell on the rebound. Before buying on a breakout, confirm that the 50-day moving average is below the current price and the Awesome Oscillator is above zero.
  • Scenario 2: Buy from support at $111,400, provided there is no reaction to a downward breakout, targeting $112,100 and $113,100.

Sell Scenario

  • Scenario 1: Sell Bitcoin at $111,400 with a target of $110,300. At $110,300, exit shorts and buy immediately on the rebound. Before selling on a breakout, confirm that the 50-day moving average is above the current price and the Awesome Oscillator is below zero.
  • Scenario 2: Sell from resistance at $112,100, if the breakout fails, targeting $111,400 and $110,300.

Trading Recommendations for the Cryptocurrency Market on September 29

Ethereum

Buy Scenario

  • Scenario 1: Buy Ethereum at $4127 with a target of $4181. At $4181, exit longs and immediately sell on the rebound. Before buying on a breakout, confirm that the 50-day moving average is below the current price and the Awesome Oscillator is above zero.
  • Scenario 2: Buy from support at $4086, provided there is no reaction to a downward breakout, targeting $4127 and $4181.

Sell Scenario

  • Scenario 1: Sell Ethereum at $4086 with a target of $4027. At $4027, exit shorts and buy immediately on the rebound. Before selling on a breakout, confirm that the 50-day moving average is above the current price and the Awesome Oscillator is below zero.
  • Scenario 2: Sell from resistance at $4127, if the breakout fails, targeting $4086 and $4027.
Analyst InstaForex
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