Trading Spaces recap: BTC pushes toward ATHs, ETH plays catch-up and where Dentoshi’s hunting next

Catch the full replay of our most recent Trading Spaces below or get the TL;DR in the recap that follows: Uptober Incoming? Key Levels to Watch ￰0￱ — Kraken (@krakenfx) October 3, 2025 TL;DR Majors look ￰1￱ is leading with bullish EMA crosses on lower timeframes and a strong series of higher ￰2￱ has reclaimed its range and is building trend, albeit a touch behind ￰3￱ BTC battleground: Around $121K into prior ATH ￰4￱ zones: mid-range support in the $116K–$117.3K area; lose that and the mood ￰5￱ structure > ￰6￱ plus EMAs and clean level flips are powering Dentoshi’s bias. “Strong markets break and push through resistance.” Alts need momentum. “Others” and TOTAL3 are working to break out of months-long ranges; BTC dominance may pop first (alts lag initially, then follow if breadth confirms).

Charts we covered: ETHENA (range reclaim off the 200 EMA), XRP (year-long base, fresh breakout attempt), DOGE (slow grind, potential for violent move when it goes), PENGU (held higher-timeframe structure; wants a clean LTF reclaim). Bitcoin (trend: strength with shallow pullbacks) Context: After a shaky late-September, BTC printed a higher low , defended logical levels (e. g., January’s local high), and then flipped EMAs bullish on lower ￰7￱ it matters: In Dentoshi’s playbook, EMA cross + diagonal break + mid-range reclaim = momentum ￰8￱ to watch : Resistance: $121K and prior ATH supply (wicky/choppy is normal here). Support: $116K–$117.3K ￰9￱ it and we risk a bearish retest of the breakdown level that spooked the market last ￰10￱ we’re seeing on the majors Ethereum (trend: improving, a step behind BTC) Last Trading Spaces, Dentoshi looked at this ETH setup and said “If this box breaks, we’re going to trade the next box, which is where we want to start looking for longs.” Which is exactly what happened: We dumped into the low 3K’s / high 4K’s, longed those levels and then saw ETH close back inside its range, followed by a new uptrend.

Takeaway: Majors-first leadership (BTC → ETH → alts) is healthier than an “alts-first” ￰11￱ extends cycles rather than blows them off ￰12￱ dominance and the altcoin backdrop BTC dominance: Could potentially pop near-term , which can dent alts ￰13￱ in the short window—but could set the stage for a broader alt move later if majors hold trend. “Others” & TOTAL3: Both defended daily EMAs and are trying to print a higher high to escape the “doom range” that’s capped alts since ￰14￱ = cleaner alt beta. Solana: strong structure, ETF chatter is a wild card SOL’s EMAs are aligned , candles constructive, but there’s looming resistance overhead (prior highs/ATH area).

On the ETF headline risk : short-term impact is unpredictable (sometimes “buy the rumor, sell the news” ); focus on structure first, narrative ￰15￱ we walked through ETHENA Plan: Bids layered into the 200 EMA and range floor from last stream; daily close back inside the range = ￰16￱ actionable zone: A clean LTF demand around range low reclaim for adds (if not already in). Invalidation: A decisive reject/reclaim-fail back below the range and 200 EMA. Targets: Psychological $1.00 , mid-range $0.73 , range highs $0.85 – logical partials on the way ￰17￱ Story: A year-long base since January with EMAs ￰18￱ diagonal break now has room to test mid-’25 highs and the July ￰19￱ Dentoshi likes it: “ Bigger the base, bigger the move .” Among the few majors/alts that kept structure through chop.

Caveat: Treat it as a fun, structured trade — clear invalidation and ￰20￱ Then → now: Dipped into the exact 1D MA zone we marked out last Trading Spaces and move up from there since. Plan: Either hold/flip the prior swing-high shelf for continuation or wait for a clean dip back into ￰21￱ DOGE moves, it can move ￰22￱ Progress: Breakout didn’t stick, but higher-timeframe structure remains constructive (think double-bottom vibe with daily EMA support). Trigger: LTF EMAs crossing up + reclaim of the recent breakdown ￰23￱ the yearly open and local highs as first ￰24￱ process: Dentoshi’s “if/then” method If majors hold mid-range + EMAs → then press longs/continuations.

If mid-range fails → then step aside and look for the next demand level; don’t round-trip ￰25￱ breadth (TOTAL3/“Others”) breaks and holds → then expand into alt ￰26￱ “ if/then ” framing keeps emotions in check and turns entries/exits into simple, falsifiable ￰27￱ for the next 1-2 weeks Respect the ￰28￱ showing strong signs of momentum above $121K = green light. A cool-off (time-based or a small price dip) is fine as long as the $116K–$117.3K mid-range ￰29￱ ￰30￱ BTC lead , ETH confirm , then select ￰31￱ ￰32￱ TOTAL3/“Others” to break and hold above ￰33￱ entry archetypes only: Breakout-strength (fresh highs + HL support on LTF). Retest-logic (flush into pre-mapped demand with rising EMAs beneath).

Risk management: Position so that your invalidation = known% of portfolio ￰34￱ hero sizing into ￰35￱ word Right now, the market looks the way you want it to look when BTC is leading: shallow pullbacks, easy EMA flips, strength through ￰36￱ that continues, ETH and select alts should ￰37￱ the mid-range gives way, respect it and rotate to the next ￰38￱ the market come to your ￰39￱ the replays and catch the next session on X: Follow @krakenfx and @krakenpro for stream times and ￰40￱ more of Dentoshi’s process? See our recent recaps and deep ￰41￱ smarter on Kraken ￰42￱ watchlists, set alerts, and trade with advanced order types. (Availability varies by region.) Trade with Dentoshi on Kraken Pro