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ETHEREUM - Retest resistance before a possible declineBINANCE:ETHUSDT is trading within the range of 3050-3150, with a local and global bearish trend. The market is still waiting for positive drivers, and until they appear, it is possible to trade within the channels... Against the backdrop of a global downtrend, Bitcoin is forming a bullish wedge/ascending triangle, which in the current circumstances I consider to be a consolidation pattern before a possible liquidation and decline to 80-75K, which in general could trigger a decline across the entire market. Ethereum is forming a trading range against the backdrop of a local downtrend. Focus on trading boundaries, namely resistance at 3150 After a short squeeze and a price decline to 3060, a liquidity pool of 3060-3050 (area of interest for MM) has formed below the local level Resistance levels: 3150 - 3181 Support levels: 3083, 3056, 3000 A retest of 3150 and a lack of momentum may confirm the dominance of bears in the market, which in turn may form a false breakout of resistance and a reversal to the zone of interest and liquidity pool 3050. Best regards, R. Linda!
Short
by RLinda
9
BTC: Volume is there — no resultHi traders and investors! On the daily timeframe, the market remains in a sideways range. The downside target is 83,722. Yesterday’s candle formed on higher volume than Thursday and Friday of last week. The volume was accumulated in the upper part of the candle; however, there was no result compared to previous candles, and the close occurred below the volume accumulation area. This indicates a lack of effectiveness from the buyer. On the hourly timeframe, a sideways range is also present, with a target at 89,694. Based on the structure of the daily and hourly timeframes, as well as the ineffective daily candle with strong volume accumulated in the upper part, the priority scenario appears to be a price decline toward the new daily level at 89,311, along with a move toward the hourly range target at 89,694. Profitable trades! This analysis is based on the Initiative Analysis (IA) method.
by AlexeyWolf
BTC/USDT Chart Review📉 Key Levels (from the chart) 🟥 Support Levels 1. 90,402 – current, very important • Local pivot • Price is reacting, defending 2. 89,112 – strong structural support • Convergence: horizontal + trend line • Loss = change in short-term bias 🟩 Resistance Levels 1. 92,659 – closest resistance • Rejection zone after a correction 2. 94,525 – high impulse • Breakout = trend continuation / ATH attack ⸻ 📊 RSI Stochastic • RSI Stochastic has exited the oversold zone (0–20) very dynamically • Currently close to / in the overbought zone (80–100) 👉 Conclusion: • Short-term: risk of a pullback • Trend: this is a sign of strength, not weakness, as long as the price holds Support ⸻ 🧠 Scenarios 🟢 Scenario 1 – BULLISH (baseline) • Price maintains 90,400 • Consolidation → breakout 92,659 • Targets: • 94,500 • Next: 96,000+ 📌 This is a healthy correction in an uptrend. ⸻ 🟡 Scenario 2 – Technical Pullback • Rejection from 92k • Downtrend to: • 90,400 • Max 89,100 • Until there is an 8-hour candle close below 89,100 → trend remains OK. ⸻ 🔴 Scenario 3 – Bearish (less likely) • Strong 8-hour close below 89,100 • Trendline breakout • Then: • 87 500 – 86,800 as the next demand zone
by cryptodailyuk
Next Volatility Period: Around January 20th Hello, traders! Follow us to get the latest information quickly. Have a great day! ------------------------------------- (BTCUSDT 1D chart) This volatility period will last until January 11th. The current price is above the M-Signal indicator on the 1M chart. To confirm this, we need to examine whether the price can rise to the left Fibonacci range of 3 (92026.52) - 3.14 (93570.28). The StochRSI indicator has entered an oversold zone, and the On-Board Volume indicator is near the High Line. Since the TC indicator is at 0, any movement is not surprising. If the On-Board Volume indicator breaks above the High Line and the second EMA, and the price rises to the left Fibonacci range of 3 (92026.52) - 3.14 (93570.28), further upside is expected. The next volatility period is around January 20th. Therefore, as the next volatility period passes, we need to examine which of the circles on the chart it is near. - If the price falls below the 84739.74-87944.84 range, a step-down trend is likely, so you should consider a response plan. The maximum decline is between 69K and 73K, but a potential uptrend near 78595.86 is also possible, so you should consider a response plan for this. - During an uptrend, you should monitor whether the price can sustain itself by breaking above the M-Signal indicator on the 1W chart. If the upward breakout is successful, the key will be whether it can break above the 108353-11010569 range. - A lot of money has flowed into the coin market, but recently, it has been flowing out. If this flow of funds changes, the coin market could experience another bull market. For the coin market to experience a bull market, I believe both BTC and USDT dominance must decline. USDT dominance must fall below 4.915 and either remain stable or show a downward trend. BTC dominance must fall below 55.01 and either remain stable or show a downward trend. If not, I believe it will be difficult for all coins (tokens) to experience a bull market. 2026 is likely to be the year of a major bear market, so it's a good idea to closely monitor capital movements. USDT and USDC are showing gapping declines as a precursor to a bear market. - Thank you for reading to the end. I wish you successful trading. -------------------------------------------------- - ​​Here's an explanation of the big picture. (3-year bull market, 1-year bear market pattern) I will provide more detailed information when the bear market begins. ------------------------------------------------------
by readCrypto
2
BTC — Cypher Pattern, Fading Momentum & What Comes NextAfter the –36% drop from ATH, Bitcoin has found support in the 80K–90K range, where price has now been chopping sideways for almost 60 days. This kind of consolidation is pretty typical after a sharp selloff. Back in June 2025, I already mentioned that a potential Cypher harmonic could be forming on BTC. At the time it was still early, but months later the structure is lining up very cleanly and looks like it’s playing out step by step. The 86K–82K zone remains a key support area that bulls need to defend. Losing this zone would be a big deal technically and would likely open the door for further downside. Macro Context Cypher patterns are powerful because they combine: impulse exhaustion failed continuation deep retracement psychology They tend to appear near major cycle inflection points, especially after extended bullish phases and distribution-style highs. This makes them particularly relevant in the current market environment. Let’s break the structure down step by step. Cypher Structure Breakdown (X–A–B–C–D) BTC has respected the key Fibonacci relationships of a Cypher extremely well. X → A: Impulse Move This was a strong, clean impulsive leg showing clear bullish dominance and participation. Psychology: Late bears trapped, early longs confident A → B: Pullback Price retraced to 0.579, sitting nicely within the Cypher sweet spot (0.382–0.618). Structure held, which is crucial. Psychology: Doubt kicks in → “Is the move over?” → weak hands get shaken out. B → C: Expansion & Euphoria BTC pushed to the 1.274 extension of XA, clearly exceeding point A. This is where optimism peaked and momentum chasing kicked in. Psychology: FOMO → breakout buying → late-cycle confidence C → D: Reversal Zone This is the most important part of the structure. 0.786 retracement of XC Completion zone around 65.5K Strong overlap with: 2021 ATH 2024 trading range Psychology: Euphoria → disbelief → forced selling → acceptance. Where We Are Now Bitcoin is currently trading between C and D, meaning: we’re in a corrective phase volatility has faded and for the first time in four years, we’re seeing a clear bearish bias after a long period of bullish momentum 100K psychological level remains the major overhead barrier. As long as price stays below this level, bulls are on the defensive. Macro Check The broader technical picture remains cautious: Below previous yearly open (93.5K) Above yearly open (87.6K) Below weekly 21 EMA/SMA (98K-102K) Above monthly 21 EMA/SMA (87K–89K) Structurally, this looks very similar to previous cycle transitions where momentum slowly faded before deeper moves followed. Scenarios Going Forward 🔴 Primary Scenario If the Cypher continues to play out: downside pressure persists volatility expands near liquidity pockets target zone sits around: 66K–64K, centered near the 0.786 Fib (~65.5K) This would be a healthy macro correction. 🟢 Invalidation Scenario The bearish structure weakens if: BTC reclaims and holds above prior value price shows acceptance above 100K momentum flips bullish again In that case, the Cypher either gets delayed or invalidated. Final Thoughts Right now, the data favors patience and caution. The most ideal path would be: a push into the 97K–100K resistance zone followed by continuation lower toward the 74.5K year low, which I’d like to see taken out In choppy conditions like this, no trade is still a trade. Staying flat, preserving capital, and waiting for clarity is often the smartest move. Plan your levels, set alerts, and only act when the market gives you a high-probability setup. _________________________________ 💬 If you found this helpful, drop a like and comment!
Short
by SiDec
5
BTC/USDT — Weekly Outlook✔️ Another test of the triangle’s upper boundary this week, with the candle closing with a small body. Uncertainty remains. 🟢 Growing reasons for a rate cut. 🟢 Hidden QE continues. 🟠 Record crypto ETF inflows have been fully sold. ETF flows are driven by retail money — buy high, sell low. 🟠 It’s still unclear whether this is a bullish triangle or a bearish pennant. 🟠 Market sentiment remains fearful. 🟠 Gold is historically overbought . A correction looks inevitable, and liquidity may rotate into crypto. 🔴 Negative cumulative delta: –$181M. 🔴 The downtrend has not been broken yet. 🔴 Strong resistance at 95k continues to cap price. 🧠 Crypto is currently out of focus — minimal media attention. But the less attention an asset gets, the more unexpected the rally tends to be, and the later the crowd jumps on the rocket.
by MLDpwnz
BITCOIN drops by more than -60% when this signal flashes.Bitcoin (BTCUSD) has closed the last 2M candle on a MACD Bearish Cross. Every time this has happened historically (2 times), Bitcoin has dropped by -67.66% and -68.75% from he top of that candle. If history is repeated, a new -67.66% would deliver $36500 as the bottom of the current Bear Cycle. This time though, that would be below the MA50 (blue trend-line), so a range of 44500 - 36500 might be more appropriate. In any case, this latest Bearish Cross comes as another confirmation of a 2026 Bear Cycle. So are you expecting BTC to fall more than -60% from here? Feel free to let us know in the comments section below! --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDShort
by TradingShot
11
Bitcoin — Bearish Bias Intact as Price Pressures Interim SupportAs explained in my previous analyses, my medium-term bias on Bitcoin remains bearish, with 75k as the minimum zone I expect to be reached before any meaningful and sustainable bullish reversal can take place. Looking at the chart: - After the drop to November lows toward 80k, BTC once again entered a consolidation phase - This range has been capped by a clear resistance zone around 95k - Following the latest rejection from that resistance, price rolled over and is now trading just above the interim support area at 89,500–90,000 This puts the market at an important decision point. ⚖️ Two Medium-Term Bearish Scenarios At this stage, I am working with two possible paths, both ultimately pointing toward the same downside objective. 1️⃣ Support Holds — Final Push Before Deeper Drop - Bulls manage to defend the 89.5k–90k support - A corrective rebound follows - Price could even push above 100k - This move would, in my view, represent a final distribution phase ➡️ followed by a broader decline toward the 75k target zone 2️⃣ Support Breaks — Direct Continuation Lower A clean break below the interim support This would significantly increase the probability of ➡️ a direct move lower toward 75k, without another major upside attempt 📌 Bottom Line Until price proves otherwise, I remain bearish on BTC. The market is currently sitting at a level where structure, not opinion, will decide the next move. Whichever scenario plays out, risk management and patience remain key. 🚀
BITSTAMP:BTCUSDShort
by Mihai_Iacob
14
$BTC - 1/12 Market Outlook Bitcoin got rejected at 92.5k once again. Yes, price is still holding the 89k support, but it tapped the top of the range without a clean breakout and slipped back down, which tells me the move up wasn’t very strong or convincing. The weekend move was spot-led but relatively in low volume. Orderbooks were thin on both sides, and there wasn’t much real buy support underneath. We also saw open interest get flushed, meaning shorts were squeezed on the way up, and price has now faded back toward 90k. Now it really comes down to whether 89k can hold into the New York session. If it doesn’t, there’s a higher chance that CRYPTOCAP:BTC will rotate back toward the yearly open around 87k, chop around a bit, and potentially slide lower into the 84–82k area.
Short
by Tealstreet
12/01/26 Weekly OutlookLast weeks high: $94,802.73 Last weeks low: $89,312.98 Midpoint: $92,057.85 The first trading week of 2026 continued the same patterns as the end of 2025. With $94,000 still very much the key level that the bears are defending, and defending well. However, the 4H 200 EMA has been reclaimed by the bulls with consistent support bounces when tested indicating a level of strength. For this week that is what I think is most important for BTC, the bulls are building a base to attempt a rally through $94,000 resistance, should this level be breached with volume $100,000 big even level is the target. The bears will continue their defense of $94,000 with the objective of pushing price back below the 4H 200 EMA (currently $90,400). CPI takes place tomorrow and so an increased level of volatility should be expected, especially if the result is different to the 2.7% forecast. Altcoins have seen a steady rally relative to BTC & ETH, also flipping the 4H 200 EMA with an eye to retest the 1D 200 EMA resistance. If altcoins were to get back above the 1D with acceptance the market would look a lot healthier.
by ProR35
Bitcoin at a Long-Term Inflection Point — Hold the Base or RESETBTCUSD 1W – Long Term Market Analysis 1. Current Market Structure (Macro View) On the weekly timeframe, Bitcoin remains in a macro bullish structure, but is currently in a late-stage consolidation / distribution phase below major resistance. After the strong impulsive rally from the 2022–2023 accumulation base, price expanded aggressively and is now digesting gains rather than reversing. However, momentum has clearly slowed, and recent weekly candles show overlapping ranges, signaling indecision and profit-taking. Importantly: - The primary uptrend is still valid - But BTC is no longer in impulsive expansion it is in a decision zone This is where long-term trends either: - Continue after re-accumulation, or - Correct deeply to reset structure 2. Key Long-Term Zones & Market Positioning Major Resistance Zone: 120,000 – 126,000 → Previous weekly highs, strong sell pressure → This zone must be broken and accepted to unlock the next macro leg up Current Distribution / Range Zone: 85,000 – 100,000 → Price is compressing here, showing balance between buyers and sellers Critical Macro Support: 67,000 – 69,000 → Previous breakout level → Confluence with EMA 200 on weekly → This level defines bull vs bear control Bearish Breakdown Support (Last Line): 49,000 – 50,000 → Loss of this zone would signal a full macro trend reset As long as BTC holds above 67K, the macro bullish thesis remains intact. 3. Liquidity, Volume & Smart Money Behavior Volume has declined significantly compared to the impulsive rally phase This confirms the market is not in expansion, but in absorption Multiple failed pushes near resistance indicate: - Profit distribution - Liquidity building above highs The key insight: Smart money is not aggressively selling but they are not buying breakouts either This behavior aligns with re-accumulation below resistance, not a top yet. However, failure to hold support would trigger sell-side liquidity acceleration. 4. Long-Term Market Scenarios 🔼 Primary Scenario – Bullish Continuation (High Probability if Support Holds) Expected macro flow: - BTC holds above 67K - Extended consolidation (weeks to months) - Momentum rebuilds - Clean weekly break and acceptance above 126K - Next macro expansion phase begins ➡️ This scenario supports new all-time highs later in the cycle. 🔽 Secondary Scenario – Deep Correction (Still Within Bull Market) If BTC: Loses 67K decisively on a weekly close Then expect: - Sharp correction toward 50K - Long-term EMA retest - Full reset of leverage and sentiment This would not immediately invalidate the bull market, but it would delay the next expansion significantly. 5. Long-Term Trading & Investment Perspective - Macro Bias: Bullish above 67K - Investor Strategy: Accumulate fear, not euphoria - Trader Strategy: Avoid chasing highs near resistance - Risk Zone: Between 100K–126K without confirmation Bitcoin is currently at a structural crossroads, not a breakout zone. Patience is the edge here. WHAT DO YOU THINK ABOUT BITCOIN IN 2026?
BITSTAMP:BTCUSDShort
by BlackGoldMarket
Reversal or Breakdown Will Define the Next Major MoveBitcoin is currently trading at a critical decision zone, where price action will determine whether the market stages a bullish reversal from demand or transitions into a deeper bearish continuation. 1. Market Structure Overview - BTC has been in a short-term corrective / bearish structure, trading below the EMA 50, which continues to act as dynamic resistance. - After the recent impulsive drop, price is now pressing directly into a well-defined demand zone around 89,600 – 90,000. This area has previously triggered strong reactions, making it a high-probability response zone, not a place to chase entries. 2. Demand Zone Significance The highlighted demand zone represents: - Prior accumulation - Strong historical buying interest - Liquidity resting below recent lows Current price action shows selling pressure slowing down as BTC enters this zone, which increases the probability of at least a technical bounce. 3. Two Key Scenarios to Watch Bullish Scenario (Reversal from Demand) If price holds above the demand zone and prints bullish confirmation (strong rejection wicks, bullish engulfing, or structure shift): BTC could rotate back toward: - 92,464 - 92,976 - 93,745 - Extension toward 94,416 if momentum builds This would align with a range-to-expansion move, trapping late sellers below demand. Bearish Scenario (Breakdown & Continuation) A clean breakdown and acceptance below 89,233 would invalidate the reversal idea. This would open downside liquidity targets toward: - 88,415 - 87,269 The red arrow on the chart highlights this bearish expansion risk if demand fails. 4. EMA & Momentum Insight EMA 50 remains overhead any upside move will need to reclaim and hold above it to shift short-term bias bullish. Without that reclaim, rallies should still be viewed as corrective. 5. Trading Plan ❌ Avoid trading in the middle of the zone. ✅ Wait for: Bullish confirmation at demand for longs Or confirmed breakdown below demand for continuation shorts Let price show its hand this is a reaction zone, not a prediction zone. Conclusion Bitcoin is at a make-or-break level. Demand zones like this often produce sharp reactions, but only confirmation separates reversals from traps. The next impulsive move — up or down — will likely be fast and decisive. 💬 Do you expect BTC to defend this demand zone, or is a deeper sell-off coming? Share your bias below!
BITSTAMP:BTCUSD
by Gold_Dominator
BTC LOOKS WEAKMorning folks, So, as we suggested, the pullback from 90K area has happened. At the same time, our base case position is deeper action. Even upward bounce to 95-96K resistance will be still an AB=CD pullback shape. Besides, now we're not sure that we will get it at all. As we said last time, we still keep on the table scenario with drop back to 75-78K lows before real upside reaction could start. Aggressive US administration rhetoric about Venezuela, Cuba, Iran, Greenland etc makes investors nervous and keep demand for safe haven. This makes additional pressure on BTC. So, currently action around 90K support looks more like upside AB-CD bounce rather than real upside reversal. In current circumstances we do not want to buy.
COINBASE:BTCUSDShort
by Sive-Morten
Monster Trade Blueprint: How To Compound BTC to All-Time HighsIs BTC Bitcoin finally ready to reclaim its All-Time High? The daily and weekly charts are signaling a massive potential trend reversal, but entering blindly is a mistake. In this video, I break down the specific confirmation I'm waiting for on the 4-hour timeframe before pulling the trigger. In the video we look at my "Monster Trade" idea—a compounding strategy designed to maximize profits during a strong bullish run. You will discover exactly how to scale into new positions while locking in gains from previous entries, allowing you to ride the wave to the All-Time High (ATH) with reduced risk and exponential upside. Key Takeaways: 📊 Multi-Timeframe Analysis: Breaking down the Daily vs. 4-Hour structure for precision entries. 🏦 Identifying the specific breakout level that signals institutional buying. 🚀 The Monster Trade/s Setup: How to close 50% of positions sequentially to compound gains safely. 🎯 Profit Targets: Mapping the distance from current price to the ATH level.
Long
by fxtraderanthony
Accumulation Before Expansion or Breakdown Into Liquidity?Hello traders! Here’s a clear technical breakdown of BTCUSD (1H) based on the current chart structure. Bitcoin previously delivered a strong bullish impulsive move, establishing clear upside momentum and pushing price into premium territory. Following the peak, the market transitioned into a corrective phase, marked by controlled selling pressure and a gradual loss of bullish momentum rather than panic distribution. The recent decline brought price back toward a key structural support, where selling pressure has noticeably slowed. Current price action is showing compression and stabilization, suggesting the market is deciding between continuation of the broader bullish trend or a deeper corrective leg. Major Support / Demand Zone: The 90,700–91,000 area is a strong support zone, where price has repeatedly reacted and volume has increased. This zone also aligns with previous consolidation and acts as a structural pivot for the broader trend. Liquidity Range Below: Below current price sits a liquidity-rich zone near 86,900, corresponding to the prior accumulation range. A breakdown into this area would indicate acceptance of lower prices and a shift toward a bearish continuation phase. Overhead Resistance Levels: If price holds support, upside targets are layered at: - 92,200 – first structure resistance - 93,200 – prior reaction high - 94,400–94,800 – major liquidity and range high These levels define the bullish roadmap if support holds. Currently, BTC is trading directly on top of a strong support level, with price holding above the EMA and failing to extend lower despite prior sell pressure. This behavior often reflects absorption by buyers, rather than aggressive sell-side continuation. The market is compressing, not accelerating typically a precursor to expansion. As long as Bitcoin holds above the 90,700–91,000 support zone, the broader bullish structure remains valid. In this case, current price action can be treated as accumulation after correction, with potential for a push toward 92,200, followed by continuation into the 93,200 and 94,400+ resistance zones. However, a decisive hourly close below support, followed by acceptance, would invalidate the bullish continuation thesis. That scenario would likely send price into the previous accumulation area near 86,900, confirming a deeper corrective or trend transition phase. For now, support is holding but it must be respected, not anticipated.
BITSTAMP:BTCUSD
by Gold_Dominator
2
BTCUSDT – Inverse Head & Shoulders Target in SightHi! BTC is forming a clean inverse head & shoulders inside a rising channel. The right shoulder is holding well, and the price is pushing toward the neckline. Structure: Inverse H&S: bullish continuation Supported by an ascending channel 🎯 Target: ➡️ 91,100 – 91,200 (measured move of the pattern) As long as the price stays above the channel support, the bullish setup remains valid. A clean push through the neckline should send the price to the target area.
Long
by melikatrader94
13
Bearish reversal in play?Bitcoin (BTC/USD) has rejected off the pivot and could reverse to the 1st support. Pivot: 94,255.27 1st Support: 80,712.26 1st Resistance: 106,846.29 Disclaimer: The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party
ICMARKETS:BTCUSDShort
by IC Markets
1
Bitcoin: Higher Lows Lead To Higher Highs Watch Longs.After rejecting the 95K key resistance, Bitcoin is now testing the 90K area (old resistance / new support) and is poised to establish a higher low for the coming week. From here the key is to identify bullish reversal patterns in this area, and wait for them to confirm. Upon confirmation risk/reward can be assessed and a swing trade long can be justified. Now lets talk about profit objectives and anticipated price behavior. The arrow on the chart emphasizes the higher low formation. Higher lows often lead to higher highs. Also notice price continues to consolidate ABOVE the 88K area which I have pointed out extensively as the Wave 1,4 overlap for the broader 5th Wave. It may sound complex, but what it points to is a higher probability that Bitcoin has one more large impulse wave in front of it. This implies that 126K or even higher prices like the 133K area are within range over the next quarter. This is NOT a certainty, but I use this as a road map to shape my own expectations. Risk can be defined by the 88K level. If price breaks below it again, a retrace into the mid to low 80Ks becomes the expectation. And from there waiting to see if bullish reversal patterns appear. Price NEEDS to stay below 88K for an extensive period, like at least a week or more to strengthen the argument that the current structure is NOT an impulse and that a test of high (126K) is less likely. For entries, you can use candle break outs. For example, waiting for a break of a daily high and strong close. The reasonable place for a stop would be the breakout candle low, etc. You can also look for breakout patterns on smaller time frames like 4H ect. How you mange this is really up to your personal preferences and style. The point is, this is a situation where it makes sense to specifically look for breakouts rather than pullbacks into support since the broader structure is coming off of a support level. The main thing is not to lose sight of the fundamental and technical conflict at the moment. Price has retraced in the face of fundamental strength. There are countless events, actions and developments coming from the macro and institutional side along with an easing monetary policy environment. These factors increase the chances of a bullish outcome EVEN if price probes lower in the shorter time horizon. Keep in mind, markets are highly irrational and react to short term perceptions even while the longer term fundamentals and price structure have yet to change. The bigger picture carries more weight, and serves as an optimal guide for expectations. Thank you for considering my analysis and perspective.
COINBASE:BTCUSD
by MarcPMarkets
12
$ETH 1W: Zoomed out thoughts On the weekly, ETH still looks structurally constructive, but it’s very clearly in range rather than trend right now. Price is sitting back in the middle of a large multi-year range, roughly bounded by the ~$2,000 area on the downside and ~$4,700 on the upside. The recent pullback from the highs did not break the broader structure, but it also failed to establish acceptance above resistance, which is why ETH has slipped back into chop. The $3,000–3,100 region is acting as an important short-term pivot. Holding above this area keeps ETH neutral-to-bullish from a higher timeframe perspective. A loss of this level would likely open a deeper retrace toward $2,700 and potentially the $2,000–2,100 region, which remains the most important higher timeframe demand zone on the chart. What’s constructive is that the prior low near $2,000 was aggressively bought and led to a strong impulse toward the top of the range. That tells me higher timeframe buyers are still active. What’s missing right now is follow-through and expansion above resistance. Until ETH can reclaim and hold above $3,500–3,600, upside moves are still best viewed as range rotations rather than trend continuation. The projected path on the chart highlights what usually happens in these environments: chop, higher lows, and frustration before a real expansion. If ETH can continue to base above $3,000 and eventually reclaim $3,500, the odds shift toward a push back to the $4,700 range high. If not, more time and rotation inside the range should be expected. In short, ETH looks healthy but unresolved. This is not a breakout market yet, and it’s not a breakdown either. It’s a classic higher timeframe range where buying dips has historically worked better than chasing strength, until price proves it can escape the range and hold.
COINBASE:ETHUSD
by OnchainNewsBlog
Bitcoin: Facing liquidity test We had some interesting developments on the crypto market during the previous week. The BTC and the majority of altcoins started the week with positive sentiment, trying to regain some of the previous strength from previous year. BTC started its attempt to reach the $95K resistance, however, the second part of the week was traded in the reversed mode. BTC retreated toward the $89,3K, but still closed the week around the $90K. The RSI reached the level of 64, at the start of the week, but did not manage to reach the clear overbought market side. The indicator is closing the week at the level of 51, indicating that the market is still not ready to start its move toward the oversold market side. The MA50 started modest convergence toward the MA200, but the distance between lines is quite high, in which sense, the probability for a cross anytime soon is very low. The first look at the BTC daily chart provides a bullish setup. However, there are risks toward the upside. The first risk is whether BTC will continue its short term reversal, or it needs first to test the $89,4K as current support line. If this level is broken, then we will see a higher correction in the price of BTC, toward the $85K. Still, if current level holds, then BTC will revert back toward the $95K, but it is unclear whether there is enough liquidity on the market for this level to be broken further to the upside.
BITSTAMP:BTCUSD
by XBTFX
1