**LIVE Crypto News Today: Latest Updates for Oct. 01, 2025**

As October begins, the cryptocurrency markets are facing both uncertainty and opportunity. Bitcoin’s price is under close watch after recently testing the $108,000 support level. This comes on the heels of a 13% pullback from its record high of $124,128 seen in mid-August. Despite this correction, trading activity remains robust, with spot and futures volumes jumping, and open interest reaching new highs. This suggests that traders remain active and that new positions are being established.

On the technical side, there are mixed signals. Bitcoin has slipped below several key technical indicators, such as the Ichimoku cloud and both the 50-day and 100-day simple moving averages. The recently-formed bearish crossover on the Guppy Multiple Moving Average and the negative momentum in the weekly MACD histogram hint at further downside risk. Analysts warn that if the $108,000 support fails, Bitcoin could see deeper declines towards the $101,366 level or possibly as low as $100,000.

However, despite these bearish technical patterns, some analysts remain optimistic. Factors such as strong on-chain metrics, seasonal trends, and continued institutional interest could offer support and resilience for Bitcoin if it can reclaim resistance levels above $111,965. How Bitcoin behaves around the $108,000 and $118,000 levels is expected to set the tone for the rest of October, making this a pivotal period for the crypto sector.

Stay tuned for more real-time updates as the market reacts to these critical levels and the broader forces shaping the direction of cryptocurrencies this month.