KTX CRYPTO Market Analysis: BTC / ETH — How to Position After the Sharp-Drop Rebound? Key SOL Support and HYPE Breakout Trading Strategies (29th Livestream Recap)
Published in KTX Crypto Academy “Market Analysis,” based on the official Web3 market livestream by KTX Baize Business School.
Livestream Date: October 29, 2026
Lead Instructor: Baize
Platform: KTX Official Chinese-Language Lark Group
Full Livestream Replay:
This edition of the KTX Baize Business School Web3 market livestream has been uploaded to YouTube. Watch the full replay here.
YouTube Link: https://youtu.be/AEfMgCzrMWo
This livestream focused on the market structures of BTC, ETH, SOL, ZEC and HYPE. Instructor Baize first reviewed recent long and short trades and HYPE’s strong rally, then analyzed support and rebound conditions for major cryptocurrencies across the daily, 12-hour, 4-hour and 2-hour timeframes. The core approach was clear: after a sharp drop, do not blindly chase shorts. First determine whether higher-timeframe support is holding, then use lower-timeframe trendlines, structural breakouts and pullback confirmation to identify entries. For assets that have already rallied rapidly, avoid chasing highs and wait for more favorable support around Fibonacci retracement zones.
The livestream began with a review of HYPE. The instructor noted that HYPE had already shown a strong price structure before the news was released: lows were no longer moving lower, the key descending trendline had been broken, and the post-breakout pullback held above support. Positive news then accelerated the rally. This demonstrates that news often acts as a catalyst, while price structure, support strength and volume may reflect market expectations in advance. Traders should not chase headlines alone; they should also confirm whether the trend has reversed, key resistance has been broken and the pullback is holding.
For BTC, the lower daily Bollinger Band was expanding and was therefore not suitable as the primary reference, so the analysis shifted to the EMA 144/169 Vegas channel. On the 12-hour chart, BTC showed clear support near the Vegas channel. On the 2-hour chart, the descending trendline had been broken, the pullback held at a key level and support was confirmed several times, suggesting that the post-selloff rebound could continue. The plan was to monitor buying interest around $80,000, with protection near the prior low around $79,000. Rebound targets were approximately $81,000, $82,000 and $82,700. A confirmed break below the prior low would invalidate the bullish scenario. The instructor also stressed that traders already holding low-entry long positions should not panic-sell because of short-term volatility, while new positions should still be sized conservatively with strict stops.
For ETH, the daily EMA 144/169 zone formed higher-timeframe support, while repeated lower wicks and buying interest on the 4-hour chart made the $2,280–$2,330 area the key defensive zone. The livestream suggested that ETH could be considered for a support-based long after a bullish candle or rebound signal appeared around $2,325–$2,330, with a stop below $2,280. Initial resistance was $2,370–$2,380, followed by roughly $2,420–$2,428. The objective was not to predict a one-way rally, but to use defined support and limited stop distance to create a favorable risk–reward profile. A break below $2,280 would require reassessing the structure.
For SOL, the daily area near $100 was highlighted as critical support. This zone had repeatedly shifted from resistance to support, and both the daily and 4-hour charts showed multiple successful retests, while the 4-hour chart was forming a converging structure. The plan was to look for long opportunities near $100, with nearby protection around $97 and staged targets at $103 and $106; if momentum strengthened, $108 could be monitored next. The instructor emphasized that the SOL setup depended on confirmation from both a higher-timeframe key level and a lower-timeframe trendline. Traders should not rely on a single candle or take an oversized position without a stop.
ZEC received only a brief review. The instructor did not provide a clear chase-long or immediate-entry plan, but stressed that price must first follow the expected structure. A tradable opportunity exists only after an identifiable pullback, support confirmation or breakout confirmation. If the preset conditions do not develop, the trade should be skipped rather than forced because of subjective expectations.
HYPE was the main focus of this livestream. A daily head-and-shoulders bottom and a break above key resistance had previously formed, and the target zone around 8.3–8.7 had already been reached; positive news then drove the price higher. The instructor viewed the current structure as a confirmation-based bullish trend and used a five-wave framework and Fibonacci retracements to assess the next opportunity, while explicitly warning against chasing after a rapid rally. The plan was to wait for a pullback after the third-wave acceleration, watch the 0.382 retracement near 84.9, and scale in again around the 0.5 retracement near 83.66. A break below the 0.618 retracement near 82.3 would weaken the structure, with a stop around 82. Rebound targets were approximately 88 and 91. Traders with profitable positions could consider taking partial profits or reducing exposure in higher-risk areas, then reassess a new entry after the pullback completes.
Risk management was summarized in three recurring points. First, identify key support on higher timeframes, then use lower timeframes to define clearer entries and stops. Second, do not chase after an accelerating rally or blindly short into support after a sharp drop. Third, every trading plan must include an invalidation condition: when support breaks, execute the stop instead of holding based on subjective conviction. The instructor also recommended focusing on liquid assets such as BTC, ETH and SOL in the current market environment. Altcoins should be traded only when both catalysts and technical structure are aligned, avoiding excessive diversification that weakens decision quality.
Overall, the livestream’s market view was that BTC and ETH had entered key support zones after the sharp selloff and had a short-term rebound foundation, but still required confirmation around prior lows and resistance. SOL had clearer multi-timeframe support near $100. HYPE showed the strongest trend, but chasing at elevated levels carried significant risk, making staged entries after a pullback more suitable. ZEC did not yet offer a sufficiently defined opportunity. The next steps should center on support confirmation, pullback absorption and strict stop-loss discipline, while avoiding emotional momentum chasing and panic selling.
KTX tools and resources:
Visit KTX Crypto for platform services, and use Real-Time Market Analysis, Latest Crypto Prices, Crypto Prices and the AI Trading Signal Radar to track the market; use Spot Trading to follow BTC, ETH and Ethereum Price, or view BTC Futures, ETH Futures and Perpetual Futures. To broaden the analytical framework, refer to Prediction Markets, Position Analysis, On-Chain Projects, Meme Coin Movement Monitor, Smart Money and Smart Money; learning resources are available through Skills and KTX Crypto Academy. Yield and campaign portals include APY, Launchpool, Rewards Hub and Rewards Hub; trading support options include Principal-Protected Copy Trading, Copy Trading, Futures Copy Trading, One-Click Copy Trading and Copy Trading.
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Risk Disclosure: The content above summarizes views expressed during the livestream and is intended solely for market analysis and trading education. It does not constitute investment advice. Digital-asset prices are highly volatile. Make independent decisions based on your own risk tolerance, manage position sizes prudently and use stop-loss orders.