Analyst Warns of Bitcoin Monday Dump After Sunday Gain
Multiple Sunday to Monday reversals and new TD Sequential sell signals on Bitcoin, Ethereum and Solana are signs of caution, according to him.
Five Sundays, Five Reversals
The market watcher shared a table covering five Sunday-Monday pairs between August 29 and September 28, and every pair flipped direction. For example, Sunday gains of 0.50% on August 29 and 0.66% on September 6 were followed by Monday losses of 0.68% and 1.54%. Sunday dips of 0.57% on September 13 and 0.10% on September 20 were followed by Monday gains of 1.75% and 6.71%. On September 27, BTC finished up 0.01% and slid 1.12% on Monday.
One thing though, five weeks may feel like a thin sample, and that last Sunday gain was close to flat.
A second warning comes from the TD Sequential indicator, a technical tool that attempts to identify points where an existing price move may be losing strength. Martinez noted that Bitcoin’s four-hour chart had flashed a sell signal, with each of the previous four comparable signals followed by a correction. Earlier examples he shared showed declines of 1.74%, 4.37%, 3.11% and 1.96%.
Ethereum and Solana have also produced similar signals. The last two comparable Ethereum readings preceded declines of 5.40% and 3.31%, while Solana’s previous three were followed by corrections of 2.44%, 5.76% and 5.30%.
Bitcoin Sits Higher Across Most Recent Timeframes
The price of BTC moved above $87,000 after an unexpectedly weak US jobs report on Friday before falling below $84,000, with Lacie Zhang of Bitget Wallet research saying that $87,500 is the critical resistance level, while the support level is in the range of $82,000 to $85,000.
At the time of writing, CoinGecko data put the OG cryptocurrency a couple of hundred bucks above $86,000, up about 1.5% in 24 hours and nearly 4% in the last seven days. The two-week and 30-day gains were almost 6% and over 8%, although the price was still down roughly 31% on the year and about the same distance below its all-time high of over $126,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sector Update: Financial Stocks Advance Pre-Bell Monday
09:26 AM EDT, 10/05/2026 (MT Newswires) -- Financial stocks were advancing pre-bell Monday, with the State Street Financial Select Sector SPDR ETF (XLF) 0.2% higher. The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.6% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.3% lower. UBS (UBS) had engaged with Nordea Bank over exiting Switzerland or potentially facing a new law that could compel it to hold up to $16 billion in additional equity or CET1 capital, Bloomberg reported, citing unnamed people familiar with the matter. UBS Group stock was up 0.6% premarket. Intercontinental Exchange (ICE) shares were up more than 1% after the company said it launched new tanker and container freight futures and options as average daily volume across its freight markets rose 33% year to date. Ares Management (ARES) is seeking a multi-million-pound upfront payment from BT Group in exchange for supporting a potential takeover of struggling broadband provider TalkTalk, as the company faces a possible administration filing, Sky News reported. Ares Management stock was 0.5% lower pre-bell.
Zacatecas Silver Secures Option to Acquire Lourdes Project in Mexico
09:26 AM EDT, 10/05/2026 (MT Newswires) -- Zacatecas Silver (ZAC.V) secured an option to acquire the Lourdes gold-silver project in Mexico from Guanajuato Silver (GSVR.V), it said Monday. Under the terms, Zacatecas Silver must pay $825,000 in cash and shares over two years, with no minimum exploration expenditure commitments, the company said. Zacatecas Silver will also grant a 2.0% net smelter royalty (NSR), which can be halved for $1 million. The project also includes an existing 3.0% NSR, of which 2.0% may be bought back for $2 million, the company said. Zacatecas shares last traded Thursday, closing at CA$0.055 on the TSX Venture Exchange.
Neighborhood Intelligence prices registered direct offering at $45.5 million
Neighborhood Intelligence set a registered direct offering of 16,485,508 common shares or pre-funded warrants at $2.76 each. Gross proceeds expected at about $45.5 million; closing targeted on or about Oct. 6, 2026. Warrants issued to buy up to 16,123,189 shares at $3.45; exercisable in six months; expire five years later. Highbridge led the deal; management participated, including Marcus Lemonis; CEO to buy shares only without warrants. Net proceeds earmarked to accelerate merger synergies, build inventory, support working capital; at-the-market facility cut to about $75 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Neighborhood Intelligence Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261005545003) on October 05, 2026, and is solely responsible for the information contained therein.
Chevron names Jeff Gustavson CFO in senior leadership reshuffle
Chevron set senior leadership changes effective Jan. 1, 2027, reshaping strategy, finance, Oil, Products & Gas, New Energies. Mark Nelson shifts from executive vice president of Oil, Products & Gas to lead Strategy and Business Development. Eimear Bonner moves from chief financial officer to president, Oil, Products & Gas. Jeff Gustavson becomes chief financial officer, moving from president of New Energies. Brent Gros takes over New Energies, moving from president of Offshore, adding oversight of Chevron’s AI strategy. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chevron Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20261005366851) on October 05, 2026, and is solely responsible for the information contained therein.
Crypto prices
More
