Bitcoin’s recent sell-off was insufficient to halt the bullish strength that continues to leave its price floating at $115,000.

Despite a record $12.7 billion crypto-market liquidation, Bitcoin remains resilient, with ETH and ADA also maintaining their bullish strength.

The market experienced institutional inflows, particularly into Bitcoin, which offered even higher hope for Q4.

Bitcoin withstood a large sell-off of 12.7 billion, but it still survived the impact of the decline and is trading at approximately $115,000.

The crypto market-wide liquidation that occurred as part of the sell-off did not strongly influence the recovery trend of BTC.

The top crypto comeback has been fueled by strong institutional demand, including acquisitions by companies such as MicroStrategy and Metaplanet.

Regardless of fluctuation in the market, analysts are confident, especially as BTC is standing firm above key levels of support.

Moreover, recent macroeconomic data were in favour of BTC revival.

Producer price inflation (PPI) in the United States indicated a slowdown, and traders expect the Federal Reserve to reduce rates next week. 

The combination of these factors creates a good atmosphere for a further BTC bullish trend in spite of occasional pullbacks.

Ethereum (ETH) price maintained its upsurge, and it is currently trading at around $4,548.

The top altcoin is probing major resistance levels and is on course to break out if momentum persists.

The high institutional interest in Ethereum, such as SharpLink’s 3.7 billion investment in its treasury, is central to its performance.

An analyst on X also observed the positive trend on the ETH/USD chart with the price breaking key resistance mark.

ETH price movement came out of a consolidation zone, which means that it may move up to the next resistance area around $4,957.

ETHUSD 4hr-Chart | Source: X

The rising trend was also facilitated by increasing volume of purchase, showing that there might be additional profits awaiting in future provided the trend holds at the support level of the $4,530.

Meanwhile, Cardano (ADA) is approaching a significant breakout point at $0.90 and this would then trigger a potential surge to reach $1.20.

ADA market analysts are also optimistic in terms of its targets in the short term, particularly with its five-wave Elliott pattern unfolding.

Both ETH and ADA have shown resilience, despite the massive crypto sell-offs, which indicates a positive view within the wider crypto market.

With these altcoins still enjoying their profits, investors are looking forward to possible Q4 price increases, which would be fuelled by institutional backing.

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The market’s bullish outlook remained intact, with Bitcoin, Ethereum, and Cardano showing price resilience.

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