Objective: I am waiting and not entering as the open interest is high and Believe th Objective: Monitoring ETH but not entering immediately due to mixed signals. Open interest remains high, and I expect short-term price fluctuations. Technicals: Short-term bearish as ETH shows 0.805 correlation with CRYPTOCAP:BTC , which is facing downward pressure. Fundamentals: Competitors like SOL and BNB are outperforming ETH in terms of network scalability and adoption rates. Open Interest: High. There is potential for upward movement, but risks remain due to market saturation. ETH Wallet: Recent outflows from major wallets suggest accumulation by whales, which is a bullish sign over the long term. Order Book: Long Squeeze: High activity near $3,630 suggests bearish short-term sentiment. Short Squeeze: At $3,793, increased liquidity may drive price upward before liquidation for larger order fulfillment. Aggregated Orderbook Liquidity Delta: Currently negative, reinforcing short-term bearish sentiment since yesterday. Data About ETH: Sector: Decentralized Finance (DeFi), Smart Contracts, and NFTs. Unique Selling Proposition: Ethereum's dominance in the DeFi and NFT space, coupled with a vast dApp ecosystem. Blockchain: Operates on its Layer 1 Ethereum blockchain with future Layer 2 enhancements in progress. Competitors: Solana (SOL), Binance Smart Chain (BNB), Cardano (ADA). Summary: Short-term bearish signals dominate due to technical and order book factors. However, wallet outflows and long-term fundamentals suggest accumulation and future upward potential. Monitoring levels at $3,630 (long squeeze) and $3,793 (short squeeze) for potential entry points. Coin Sector Decentralized Finance (DeFi) Smart Contracts Non-Fungible Tokens (NFTs) Coin Information Ethereum is a blockchain platform supporting smart contracts and decentralized applications (dApps). Problems solved: Eliminates intermediaries in financial services. Facilitates the creation and exchange of NFTs. Supports decentralized finance protocols. Coin USP (Unique Selling Proposition) Enables complex programmable transactions through Turing-complete smart contracts. Hosts a wide array of decentralized applications across multiple industries. Supports widely adopted token standards like ERC-20 and ERC-721. Blockchain Ethereum operates on its own blockchain. Coin Layer Layer 1: Ethereum functions as the foundational blockchain layer for transactions and smart contracts. Platforms Being Traded On Major platforms: Coinbase, Binance, Kraken, Bitstamp. Upcoming platform launches: No announcements currently. Project Partners Enterprise Ethereum Alliance members, including Microsoft, JPMorgan Chase, Intel, and ConsenSys. Coin Founders Vitalik Buterin: Co-founder of Ethereum, known for his extensive blockchain expertise. Gavin Wood: Co-founder, author of Ethereum's Yellow Paper. Charles Hoskinson: Co-founder, later founded Cardano. Anthony Di Iorio & Joseph Lubin: Key early contributors. Coin Community Demographics: Developers, investors, and enthusiasts in DeFi and NFTs. Engagement: Active in governance, dApp development, and education. Strength: Strong, loyal, and supportive community driving innovation. Fundamentals Driving the Price Value addition: Basis for DeFi, NFTs, and token ecosystems. ETH is required for "gas" fees in transactions. Future upgrades: Transition to proof-of-stake (PoS) consensus for scalability and energy efficiency. Layer 2 scaling solutions like Optimism and Arbitrum. Price targets: 1 Year: $4,000 3 Years: $5,500 5 Years: $7,000 News Spot Ether ETFs triggered significant institutional interest. Challenges: High gas fees and scalability concerns. Future Plans Sharding implementation for scalability. Ongoing upgrades aimed at enhancing network efficiency and usability. Competitors Primary competitors: Cardano, Solana, Binance Smart Chain. SWOT analysis: Strengths: Large ecosystem and developer community. Weaknesses: High gas fees and scalability issues. Opportunities: Expanding DeFi and NFT markets. Threats: Competitors offering better scalability and lower fees.
We're recently rejecting off of a proven HTF Supply zone - Bulls are pulling back in order to recapture buyers at the Demand levels below. We are just finding some bullish reaction at a HTF demand zone but need confirmation of this holding up by looking out for our LTF flip zone and turning that bullish. From there, we are given a trade opportunity up to HTF Supply in the $250+ range Happy Trading :)
Call it what you will. I see both, a cup and handle and an inverse head and shoulder, the measured move, if it plays out, will be epic. Volatility will soar through the roof in next 2 months.
Probability of BTC Crossing $100,000 Tonight is high: Bullish Momentum: Strong momentum shown by large green candles suggests high buying pressure. If momentum sustains, a quick test of $100,000 is plausible. Key Resistance Levels: If $98,769 (current price) is part of a resistance zone, price must decisively break and close above this level for $100,000 to come into play. Watch for signs of resistance near psychological levels like $99,000. Volume Confirmation: If accompanied by high trading volume, the breakout becomes more reliable. Market Sentiment: A sustained breakout with indicators like RSI >70 and ADX trending up could lead to accelerated moves, possibly breaching $100,000. Indicators Alignment: If all indicators (RSI, ADX, EMAs) remain aligned bullishly, the probability of continuation toward $100,000 increases.
The oil price is in its support range and, with buying pressure and inflow of liquidity, is likely to increase to the 3 specified targets. Sasha Charkhchian
Hello people i hope you doing well. This is my personal opinion and analysis. In all markets, anything can happen. So before making any decision, please consider risk management, capital management, and emotion management in your trading. Here we have btc chart with some magic waves! Im always analyse technically first. In 1month timeframe we can have a nice Elliott Pattern waves. We had wave 1 and 2 done before and as picture we are on the middle of wave 3! This is just an imaginary and forecast But it works sometimes you should forecast the people's next move! Specially the big ones like Whales and miners. The targets are near than the Supporting areas haha.the 125k is not much for 85% of wave3.and the end of wave we can have 150k btc. Wave 4 can give btc some rest and correction wave! And we can have 83k as the biggest Liquidity support and the best area to get the money and get the people who lost the last train of pump!In this upping channel(wave3) the lowest price is 73k! So be aware and quite fast if your money lost:)) And the volume can tell you there is nothing happened to Btc and the Crypto market and its still baby!i bet this wave can make you reach if it happens:) Always remember to have plan!dont enter the market with 100% money and please have stop loss and have plan to quit and dont be greedy!! Good luck
BTC has just seen a massive breakout of its bullflag that has been forming since mid-November! It is always possible to see a retest as old resistance becomes new support, but this should give BTC the fuel to break the psychological $100,000 level.
Bico/usft tps: Tp1 0.5298 $ Tp2 0.66$ 2p3. 0.98$ Tp4 1.8$ Tp5. 2.5$ Finally 4.5$
Ethereum consisted cub and handle pattern and it's bullish
BULL MARKET IS RAGING! We are entering the zone of buy crap shoot and go!