[LIVE]As Bitcoin Remains Steady at $109k and ETH Appears Optimistic, Which Crypto Is the Top Choice to Purchase Now?

Bitcoin (BTC) has fallen from its peak of $117,968 in mid-August, largely due to $1.5 billion in enforced liquidation. At present, it is trading around significant base level levels between $107,000 and $102,000. Is it still a prime cryptocurrency to invest in now?

Despite this decline, institutional investment amounting to $60 billion continues to keep hopes alive for a long-term surge towards $200,000.

Presently, Bitcoin is trading just below the $110,000 level at $109,470, up by merely 0.05% after a tumultuous September. The crypto market capitalization stands at around $2.17 trillion, with approximately $40.4 billion exchanged in the last 24 hours alone.

$BTC is teetering on the brink.

It’s maintaining support at $108,000, but the strength appears questionable.

Not currently trading Bitcoin locally, but I’m anticipating directional movements here.

If $105,000 price floor is hit, it could induce a response, however, I suspect that $101,000 holds more strength and liquidity. pic.twitter.com/kkeyvy3W7H

— Lennaert Snyder (@LennaertSnyder) September 28, 2025

Bitcoin historically follows a four-year cycle where a reduction in new circulating supply sets off a lengthy rally, generally peaking in about three years. However, the landscape is shifting, as Bitcoin is not solely influenced by retail demand anymore, with robust institutional buyer interest altering the trading market dynamics.

To illustrate, although long-term holders have liquidated around 1.8 billion BTC (dipping from 70% to 61% of total circulating supply), prices have remained relatively stable, indicating that historical cycle patterns may not long-term holding as firmly anymore.

A rise in the global money circulating supply has bolstered BTC even as its momentum has moderated. However, should US President Donald Trump appoint a more pro-stimulus Fed chair following Jerome Powell, aggressive interest rate cuts could propel Bitcoin towards $200,000.

On a technical note, Bitcoin is currently caught between $104,000 and $113,400 with no distinct trend emerging just yet. It is maintaining support around $109,000. That said, if it falls below $107,270, a decline to $102,000 could ensue.

For BTC to recapture its optimistic vigor, it needs to surpass $113,000, and a move past $123,000 would pave the way for retesting its all-time highs.

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Ethereum Remains Stable Above $4k! Is It Still the Superior Crypto to Invest In?

ETH (ETH) has stabilized over the $4,000 threshold, converting this level into support. It has rebounded after a week of significant price fluctuations, sell-offs, and forced liquidations that erased billions in the derivatives market.

Experts on X have indicated that this level has solidified as dependable base level, a optimistic indicator that is uncommon in robust markets and often results in further gains. Should Ethereum maintain this level, historical trends suggest a potential price increase of 10-15% could follow.

A bullish retest is a positive occurrence during a bullish trend.

For years, the $4K zone has been a crucial barrier level point, and now $ETH has converted this into support.

Positive signs for Ethereum and altcoins. pic.twitter.com/oYMX9PDfmU

— Cas Abbé (@cas_abbe) September 27, 2025

There’s also a chance for a short squeeze, where traders betting against ETH could be mandated to repurchase, driving prices higher, reminiscent of previous crypto rallies like BTC’s surge in 2021.

Recent market fluctuation has eliminated excess leverage, with over $3 billion being liquidated on Binance alone. Many investors cashed in profits when ETH momentarily sank to $3,800, which contributed to crypto market stabilization as weaker positions were removed, thus creating space for more sustainable growth.

$ETH DOWNSIDE AVAILABLE VOLUME HAS BEEN ABSORBED FULLY.

IT APPEARS A SHORT-SQUEEZE IS ON THE HORIZON pic.twitter.com/wBdDaxcRwm

— Ash Crypto (@Ashcryptoreal) September 27, 2025

Adding to the optimistic sentiment, large investors have acquired over $1.6 billion worth of Ethereum from key exchanges, indicating robust institutional interest and confidence in ETH’s long-term potential.

Looking forward, ETH’s trajectory will hinge on how well its price holds up, the extent of institutional purchases, and the growth of its platform. At this moment, the $4000 level represents a critical examination point.

If Ethereum remains above this threshold, it could ascend to $4,500 or more. Conversely, if it should decline, it may revert to between $3600 and $3800.

If the optimistic trend persists, ETH’s forthcoming significant objective will be to retest its peak near $4878, with mid-term aspirations ranging from $6000 to $7000.

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The post [LIVE]With BTC Holding Steady at $109k And ETH Looking Optimistic, What’s The Best Crypto To Buy Now? appeared first on 99Bitcoins.