September 2025 marks an important moment for the cryptocurrency market, with Bitcoin, Cardano, and Solana in the spotlight. The current market situation highlights pressure on Bitcoin and hopes for recovery for other cryptocurrencies.
Bitcoin Under Pressure
As of August 30, 2025, Bitcoin was trading at $108,526. The ongoing upward trend indicates controlled price decline, with support at $107,000 and resistance around $114,000. Traders are warning of high risks for short positions.
Cardano: Key Support Levels
Cardano is trading around $0.83, just above a key support zone. Recent news about a potential ETF from Grayscale sparked some optimism, but weak demand maintains overall uncertainty in the market. For a short-term rise, ADA must overcome the $0.86 level.
Solana: ETF Expectations and Further Development
Solana is currently awaiting the approval of several ETF applications, which could become a key growth factor. Trading at approximately $200, it's 31% lower than its all-time high. Analysts believe Solana might be among the first altcoins to rise when market conditions improve.
Current trends in the cryptocurrency market highlight the complex positions of Bitcoin, Cardano, and Solana. They continue to affect the overall market sentiment in September, making observation of these assets relevant for traders.