Shayan

4 posts last week

Ethereum Breaks $4.7K Resistance: $5K ATH in Sight?

Global

Ethereum has finally broken out of weeks of sideways trading with a powerful rally, pushing directly into the critical $4.7K-$4.8K resistance zone. This decisive move sets the stage for either a continuation toward $5K or a pullback to retest support levels. Technical and sentiment analysis reveals the key factors driving ETH’s momentum and what traders should watch next.

  • Ethereum's breakout was driven by a short squeeze that liquidated clustered leveraged shorts, creating rapid upward momentum
  • The $4.7K-$4.8K resistance zone overlaps with the upper channel boundary, making it a critical decision point for trend continuation
  • A dense liquidity pocket exists at $4.5K-$4.4K, which could serve as a pullback target if resistance holds
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Ethereum

Bitcoin Consolidates Near $115K, Awaits Breakout to ATH

Global

Bitcoin is currently consolidating within a tight range near $115K, holding above critical support while testing key resistance levels. The market appears to be in a waiting phase as both buyers and sellers exercise caution. Technical and on-chain analysis suggests a breakout above $118K could trigger a run toward new all-time highs.

  • Bitcoin is testing a crucial supply zone between $115K-$118K, with a breakout needed to confirm upward momentum toward all-time highs
  • The realized price of mid-term holders at $114K has become a key sentiment indicator, with holding above this level reducing sell pressure
  • Market structure shows compression between $112K support and $118K resistance, reflecting cautious sentiment awaiting fresh order flow
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Bitcoin

Bitcoin Tests $112K Resistance Amid On-Chain Activity Decline

Global

Bitcoin is challenging the $112K resistance level after rebounding from recent support zones. However, underlying on-chain data reveals a concerning decline in network activity that could threaten the sustainability of the current price momentum. This divergence between price action and fundamental usage signals potential vulnerability in the market structure.

  • Bitcoin forms double-bottom pattern at $106K, targeting $117K if $112K resistance breaks
  • Active addresses have declined for months, signaling reduced retail participation and organic demand
  • Market shows divergence between price strength and weak network activity, increasing vulnerability to volatility spikes
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Bitcoin

Ethereum Stalls Near $4.2K: Awaiting Breakout Catalyst

Global

Ethereum continues to trade sideways with minimal price action, trapped between $4.2K and $4.4K as both buyers and sellers await a decisive catalyst. Technical analysis reveals ETH remains confined within an ascending channel on daily charts while compressed in a descending wedge on shorter timeframes. The market’s stagnation reflects exhausted supply and demand in the short term, with funding rates suggesting a healthier, less leveraged market structure.

  • ETH trading range-bound between $4.2K-$4.4K with descending wedge formation on 4-hour charts
  • Funding rates show significant decline from 0.08+ in early 2024 to moderate levels despite higher price highs
  • Market structure shifting to spot-driven trading with reduced leverage, decreasing vulnerability to liquidations
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Ethereum

Ethereum Price at Critical Juncture: Key Levels to Watch

Global

Ethereum is trading at a crucial technical inflection point that could determine its next major directional move. The cryptocurrency remains compressed between key support and resistance levels, with leveraged positions stacked on both sides. A breakout in either direction could trigger significant liquidation cascades and accelerated price movement.

  • ETH is testing the upper boundary of a descending channel on 4-hour charts, with a breakout potentially targeting $4,600-$4,700
  • Liquidation heatmap reveals massive clusters of short positions above $4,500 and long positions below $4,200, creating explosive potential
  • The $4,200 support level is critical – losing it could trigger accelerated downside volatility toward $3,800 support
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Ethereum

Ethereum at $4.3K: Critical Support Test Decides Next Move

Global

Ethereum is testing crucial support at $4,200 amid weakening momentum and bearish RSI divergence. The cryptocurrency’s next major move hinges on whether bulls can defend this key level. Technical and sentiment analysis both signal caution despite the intact broader bullish structure.

  • RSI shows bearish divergence with price making higher highs while momentum indicators show lower highs
  • Funding rates across exchanges peaked lower than previous cycles despite ETH setting new price highs
  • The $4,200 level represents critical support that has repeatedly acted as a decisive demand zone
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Ethereum

Ethereum Price Analysis: Bearish Divergences Signal Caution

Global

Ethereum shows concerning technical signals despite hovering near all-time highs. Bearish RSI divergences on both daily and 4-hour charts suggest potential exhaustion in the current uptrend. On-chain data reveals overheated futures activity, increasing the risk of a corrective move.

  • Bearish RSI divergences on daily and 4-hour charts indicate trend exhaustion despite price making new highs
  • Critical support zones identified at $4,400-$4,450 and $4,070-$3,900 Fib retracement cluster
  • Futures volume data shows overheated speculative activity, historically preceding significant corrections
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Ethereum

Ethereum Volatility: Key Supports Tested After Rejection

Global

Ethereum’s recent price surge was swiftly rejected near its all-time high, sparking uncertainty. Key support levels now determine whether the bullish trend holds. Technical indicators suggest a potential deeper correction if critical zones fail.

  • Ethereum was rejected near $4.8K, testing key supports at $4.2K and potentially $3.8K.
  • RSI divergence and liquidity-driven moves signal heightened short-term volatility.
  • Liquidation heatmap shows critical levels below $3.8K that could trigger further downside.
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Bitcoin Ethereum

Bitcoin Nears $123K ATH: Bullish Breakout or Correction Ahead?

Global

Bitcoin is testing its all-time high near $123K, with technical indicators suggesting a potential breakout or short-term consolidation. On-chain data reveals shifting dynamics between whale and retail participation, adding complexity to the market outlook.

  • Bitcoin's ascending channel and $112K support rebound signal strong bullish momentum, but the $123K ATH poses a key resistance zone.
  • On-chain data indicates a shift from whale-driven rallies to retail dominance, which historically correlates with potential distribution phases.
  • A breakout above $123K could target $130K, while rejection may trigger a correction to the $116K–$117K Fibonacci support area.
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Bitcoin

Ethereum Breaks $4K: Bullish Momentum Targets $4.5K

Global

Ethereum has surged past the $4K mark, signaling strong bullish momentum despite potential short-term pullbacks. Analysts suggest a retracement could pave the way for a push toward $4.5K. Key technical and on-chain indicators highlight critical support and resistance zones.

  • ETH broke above $4K, a key psychological and technical resistance level, signaling strong bullish momentum.
  • A short-term pullback to retest $4K or the $3.6K liquidity zone is likely before further upside toward $4.5K.
  • The ETH liquidation heatmap shows a dense cluster near $3.6K, which could trigger volatility if retested.
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Ethereum