Bitcoin has not yet produced clear technical signals strong enough to indicate entry into a new bull market, according to veteran trader Peter Brandt. He said current charts do not suggest a bull market is imminent and echoed a bearish view from Northstar Charts. Brandt warned the market has not confirmed a bottom and said a sustainable low is unlikely before October 2026. Analysts also cited movements of long-dormant bitcoin holdings as a source of uncertainty.

XRP has failed to break above the $1.1444 resistance level on the weekly chart, leaving an over-year-long downtrend intact. It is trading around $1.11 and must post a weekly close above $1.1444 before a rebound can be considered. The level aligns with a falling-highs pattern since a July peak near $3.66. Ichimoku Cloud readings also show XRP below key lines. $1 remains the main psychological support.