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Bitcoin Slips Under $112K: Ethereum and AVAX Highlighted Among Best Altcoins to Buy the Dip

Bitcoin Slips Under $112K: Ethereum and AVAX Highlighted Among Best Altcoins to Buy the Dip WikiBit 2025-10-16 09:25

The market faced a sharp weekend correction, sending Bitcoin price below $112,000. At the same time,

The market faced a sharp weekend correction, sending

Bitcoin price

below $112,000. At the same time, altcoins like Ethereum, Avalanche (AVAX),and MAGACOIN FINANCEdrew new attention from traders looking for the best altcoins to buy the dip.MAGACOIN FINANCE, in particular, continues to draw eyes for its consistent price movement and growing trust appeal.

Bitcoin Price Path Below $112K Tests Trader Confidence

Bitcoin price drop under $112,000came after a sharp flash crash that erased about $15 billion in futures open interest. Despite reclaiming the $114,000level briefly, caution still dominates the market. Analysts suggest the next push toward $125,000 could be delayed as investors weigh global macro issues.

Even so, Bitcoin remains the markets foundation asset, and its pullbacks often open opportunities in promising altcoins. As traders wait for volatility to settle, many now scan the broader market for the best altcoins to buy the dipbefore the next cycle recovery.

Ethereum Price

Eyes $4.5K as Market Regains Balance

Ethereums recovery above $4,100suggests confidence is returning. The heavy liquidations that hit futures markets on Friday have eased, with funding rates normalizing. Analysts now see Ethereum regaining its footing toward the $4,500zone if sentiment continues to improve.

ETH‘s strength lies in its ability to stay resilient during sharp downturns. While many other assets dropped by 60% or more, Ethereum’s correction was softer, proving its deeper market presence. Options data also shows balanced activity, hinting that traders are not betting on heavy downside moves.

The broader sentiment now sees Ethereum as one of the best altcoins to buy the dip, given its stability, long-term developer base, and steady institutional demand through ETFs and derivatives markets. As confidence rebuilds, ETH may lead the next leg of recovery.

Avalanche (AVAX) Recovery Hints at a Broader Altcoin Turnaround

Avalanche has started to show signs of life after one of its sharpest shakeouts in months. AVAX now trades near $22, with analysts tracking a possible rebound toward $47. Market watchers highlight its strong on-chain activity and network usage, which remain steady despite the price crash.

The Bokcast and other analysts point to a clean structure forming, suggesting AVAX may have already cleared weak hands. Historically, such capitulations often mark macro bottoms. September saw Avalanches busiest month in nearly two years, a sign of real activity beyond speculation.

As developers continue to build through the market noise, Avalanche‘s growing base makes it one of the best altcoins to buy the dipfor those looking to position early before the next uptrend. The network’s health, combined with price consolidation, supports the idea of an early accumulation phase underway.

MAGACOIN FINANCE: The Hidden Altcoin Traders Are Watching Closely

Amid the market chaos, MAGACOIN FINANCEhas shown stability rarely seen during broad selloffs. Its price continues to rise steadily every hour with no major pullbacks, making it stand out as a safe haven altcoinin this volatile week.

With a smaller market cap under $15 million, it offers room for growth and serves as a useful hedge for traders seeking diversification. The project has confirmed plans for a CEX listing soon, drawing further attention as one of the best altcoins to buy the dipduring uncertain times.

MAGACOIN FINANCEs steady pace and community-driven structure make it a good find, agile enough to grow, yet stable enough to trust amid wider price crashes.

How Traders Can Position in This Market

Short-term fear often creates long-term opportunity. The recent dip has given traders a new chance to reposition in quality altcoins before sentiment flips again. Watching Bitcoins next moves remains key, but those who diversify early into names like Ethereum, AVAX, and MAGACOIN FINANCE may be better placed for the next recovery wave. Visit magacoinfinance.com to learn more before the next breakout phase begins.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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