Ethereum is getting ready for a bull run !Ethereum appears to be forming a large triangle, with its wave D recently completed.
We expect a trend reversal from the green zone, leading to a move toward $5,400 and $9,000.
Closing a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ETHBTC
Ethereum: Regaining Balance After a Bearish Trend ReversalEthereum (ETHUSD): Consolidation Phase Amid Mixed Market Signals
Ethereum (ETHUSD) continues to consolidate within a defined range, with the upper boundary near 4085-4100 and the lower boundary around 3530-3440. Despite the recent bearish pressure, the overall market structure still leans bullish, supported by favorable fundamentals—barring certain developments in recent news that have introduced a layer of uncertainty. This consolidation phase reflects a temporary balance between bullish and bearish forces, with potential for significant movement once key levels are breached.
Current Market Overview
At present, Ethereum is trading near a critical resistance zone between 4090 and 4100, which has historically proven to be a formidable barrier. Breaking through this zone will likely require a substantial influx of bullish momentum and trading volume. The broader trend remains upward, but yesterday's news has introduced an element of caution. The fundamental backdrop is ambiguous, with hints of a possible shift in monetary policy. While the news of a decline in interest rates initially appeared bullish, indications of a more hawkish future stance have tempered optimism. Bitcoin, the market leader, has shown signs of a minor correction, which often correlates negatively with altcoin performance, including Ethereum.
Technical Analysis: Key Support and Resistance Levels
Resistance Levels:
4086-4100: A strong resistance zone that Ethereum is currently testing. Breaking above this range could pave the way for a retest of higher levels.
4372: A significant level that aligns with the bullish continuation scenario if momentum sustains above 4100.
Support Levels:
3530-3440: This zone has emerged as a robust support area, underpinned by significant liquidity. It is likely to act as a magnet for price action in case of further downside.
3261: The next major support level in the event of a deeper correction, signaling potential bearish risks if the price falls below 3440.
Market Sentiment and Potential Scenarios
Ethereum's bullish structure remains technically intact, as evidenced by the formation of higher lows and the maintenance of key support levels. The 3530-3440 zone represents a strong demand area, and a retest of this level is a plausible scenario. Such a retest could serve as a "liquidity grab," enticing sellers before the price reverses upward, targeting higher resistance zones.
However, risks of further declines cannot be ignored, particularly if broader market conditions deteriorate or Bitcoin extends its correction. In this case, Ethereum may retest deeper support levels, potentially challenging the bullish outlook. For now, the market appears to favor a consolidation phase, with the potential for upward momentum taking precedence.
Strategic Approach: Trading the Range
Given Ethereum's current position within the consolidation range, a pragmatic trading strategy would involve leveraging the boundaries of this channel. Traders may consider entering long positions near the 3530-3440 support zone, targeting the upper boundary around 4086-4100, while employing tight stop-losses to manage risk. Conversely, short positions could be explored near the resistance zone if bullish momentum falters, with support levels serving as potential take-profit targets.
Outlook for Growth
Despite short-term uncertainties, Ethereum's longer-term outlook remains optimistic. A successful breakout above 4100, confirmed by strong volume and momentum, would significantly strengthen the case for further growth. Such a move could open the door to the next major resistance level at 4372, potentially marking the start of a renewed bullish rally.
For now, the consolidation phase represents a period of accumulation, with the market preparing for the next decisive move. Monitoring macroeconomic developments, Bitcoin's price action, and Ethereum's interaction with key support and resistance levels will be critical in shaping the near-term trajectory.
Ethereum VS Bitcoin has bottomed. BUY!!It has been a long while since I have made a chart as I have only been updating older charts.
It's time for a new one!!
Taking a look at this weekly chart of ETH VS BTC I do believe it has either bottomed or very near the bottom. Expect a strong reversal very soon, could start before this months end.
There is some bullish divergence in the RSI and the LAZY BEAR indicators, which is also a very positive sign.
This is one of the ultimate Alt season indicators, do not let the market or anyone else fool you. 2025 will be very good for the alts at least.
What to look for in 2025
Although I do expect another higher high from Bitcoin in quarter 1 of 2025, it is also possible that it might have topped already. Time will tell that.
Scenario 1 Assuming bitcoin has topped the rest of the rally will be about alts and them forming a top in quarter 1 which would mark the end of the bull market.
Scenario 2 This is the one I prefer and expect. I do see bitcoin making another move higher in quarter 1 and topping anywhere from 120k all the way to 170k area. Most likely 120k to 145k max. The sure bet is, bitcoin will surprise most people. Now during this run up expect Ethereum to make leaps and bounds along with most if not all altcoins.
KEY POINT Altcoins will most likely top after bitcoin tops. How far out this goes is the question and I do have a theory for it. No matter where
and when bitcoin tops out at, I do expect a strong rally latter in the year with a good chance that some or a lot of altcoins continue to make new highs while bitcoin does not. This would be the ultimate sell and don't look aback signal if it were to happen.
The RSI and where ETH could top vs BTC.
I would strongly look at the down trending yellow line I have added to the RSI as a strong resistance area and possible sell zone. The area of interest is at the 77 to 80 on the RSI.
That's all I have for now but be sure to follow as I will continue to update and add new info fairly often to this chart for the next few months or most of 2025.
Kind regards
WeAreSat0sh1
PS: Jesus is the reason for the season.
Potentially a good time to switch from BTC to ETH.Hi all, let's look at the 1W ETH to BTC chart, in this situation we can see how the price is moving below the downtrend lines, in this situation we have several such lines which also indicate strong resistance places for the price in a given move.
Currently, a correction is visible, but as the trend reverses, resistance levels are visible at the following levels:
T1 = 0.04504btc around 21.5%
T2 = 0.05346btc around 44%
T3 = 0.06004btc around 61.5%
T4 = 0.06652btc around 79%
T5 = 0.07623btc around 105%
Now let's move on to stop-loss in case the market continues to fall:
SL1 = 0.03166btc
SL2 = 0.02213btc
SL3 = 0.01612btc
On the RSI indicator, we have a visible movement at the lower end of the range, which could potentially indicate an upcoming increase, here it is worth watching the trend line under which we are moving, because the moment of approaching it gives a renewed price recovery.
ETHBTC Is Sitting At Strong Monthly SupportETHBTC cross pair has been trading bearish for the last two years or so due to Bitcoin dominance, but now that Bitcoin dominance is slowing down and ALTcoin dominance kicking in, seems like we are in the ALTseason and ETHBTC pair may see a recovery soon.
ETHBTC chart can be actually still trading in a correction within uptrend. It’s right now sitting at interesting and strong support area when looking at the monthly chart. We have strong monthly trendline and impulsive five waves up, followed by a three-wave A-B-C correction into an important 67,8% Fibo retracement, which is a bullish pattern from technical and Elliott wave perspective. We are actually already in the ALTseason and if ETHBTC pair is really about to bounce and starts recovering soon, then ALTseason may resume and Ethereum can be one of the strongest.
Ethereum does not appear to intend to correctThis analysis is an update of the analysis you see in the "Related publications" section
It seems Ethereum aims to reach the $5000-$5300 range without any significant correction.
Momentum-driven large green candles, higher lows, and the absence of a drop after sweeping liquidity pools above the chart indicate that Ethereum is bullish.
If it retraces to the green zone, we will consider buying.
Closing a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Potential Gains against BTCEthereum stands to gain ground vs Bitcoin if it can get and hold above the red line above.
Targets on the chart.
If it fails to get and hold above the red line, it may re-test the green line first before moving up.
If the green line is tested and lost, expect equally measured moves to the downside instead.
Crucial Moment for ETH/BTC- ETH/BTC is approaching the end of a symmetrical triangle formation on the daily chart, which began back in July 2022.
- The CM Williams Vix and Ultimate RSI indicators suggest that the bottom was established in late March 2023.
- Currently, ETH/BTC is testing a significant resistance line that has held strong since July 2017.
Additionally, considering the Bitcoin Dominance nearing a resistance point (see attached analysis below), it wouldn't surprise me if we witness a breakout for ETH/BTC, resulting in a decreasing Bitcoin dominance and Ethereum outperforming BTC at the moment.
I will conduct further analysis below using other timeframes
Ethereum's Future Looks Bright: Poised for a New All-Time High!The combination of rising institutional interest, continuous technological advancements, and a shrinking supply due to Ethereum 2.0 upgrades, Ethereum positions itself as a strong contender for breaking its previous all-time high.
With Ethereum's recent surge past the $3,700 mark, it has finally broken out of multi year symmetrical triangle. Also it looks like ETHBTC pair has also formed a bottom and is poised to go only up from here, outperforming BTC.
First target - 4800$
Second target - 7000$
What is Bitcoin ‘Pairs Trading’? (Example: ETH/BTC)This is for anybody who wants to sell some Bitcoin but is still bullish crypto. 🚀
It’s also if you’re neutral on crypto but think Bitcoin is overvalued vs other tokens.
It’s also just if you’re just interested to see a way to apply a pairs trading strategy .
In case you’ve been hiding under a rock, Bitcoin just broke over $100k - No more waiting for the HODLRS!!
Naturally after hitting this massive milestone, some traders are going to be thinking about taking profits. And if they’re thinking it, some of them are going to be doing it.
But let’s forget about selling for a moment, are you really buying more BTC when it just hit $100k and it's up ~150% this year?
So even if there is not more active selling interest, there’s probably less buying interest.
I think you’d be mad (or very brave) to bet against Bitcoin. BUT
Are these scenarios possible?
Bitcoin trades sideways for a while after hitting $100k
Alt season kicks in and other cryptos play catchup
If you think yes to at least one of these, my team and me have been looking at a pairs trade
What is pairs trading?
Pairs trading in crypto is a market-neutral trading strategy that involves taking a long position in one cryptocurrency and a short position in another, based on the assumption that their historical price relationship will revert to the mean.
The point is to profit from the relative price movement between the two assets, i.e. not the absolute ups or downs of one asset like Bitcoin.
ETH/BTC
I put this crypto pair this way around - I’m not sure if you’re meant to - it just kind of reminds me of EUR/USD in forex trading.
So as a reminder, ETH/BTC is Ethereum’s token Ether priced in Bitcoin. When Ether outperforms Bitcoin it goes up and when Ether underperforms Bitcoin, it goes down.
So it doesn’t actually matter if Bitcoin goes up, down or sideways, if you’re trading ETH/BTC - what matters is what one does relative to the other.
Well this thing has been going down a lot! Until recently.
Going back to the idea of pairs trading - the thesis here is that the Ethererum/Bitcoin price ratio has dropped to bargain levels and could be about to recover.
I’m not going to lie to you - there are a lot of sore hands out there from trying to catch this falling knife!
But this rebound off the 61.8% Fibonacci retracement of the 2020-21 rally has caught our attention.
Dropping to the daily chart, can you see how 0.4000 has acted like a magnet to the price both from above and below?
0.4 is our line in the sand for long positions.
Equally, our risk is well defined in this setup. A drop back under the 61.8% Fib level around 0.32 means the idea isn’t working and it's time to get out and let Bitcoin do its thing!
How to trade it
Specific entries and exits depend on your personal risk tolerance, but broadly there are THREE methods here:
1. Crypto-to-Crypto Spot Trading
Trade ETH directly for BTC (or vice versa) on a cryptocurrency exchange. This is straightforward and involves holding the actual assets.
2. CFD Trading (Contracts for Difference)
Speculate on ETH/BTC price movements using CFDs without owning the underlying cryptocurrencies. This allows for leverage and the ability to short-sell.
3. Spread Trading
Buy ETH and simultaneously short BTC (or vice versa) with equal dollar value to profit from their relative price movement while minimizing exposure to overall market trends.
But that’s just how we are seeing things?
Do you think this is bananas, or could we be onto something?
Please let us know in the comments
Cheers!
Jasper. Chief Market Analyst, Trading Writers
Alt Season is Right Around the CornerBitcoin dominance has been growing in the past few days as it outperforms the rest of the cryptocurrency market after the sharp drop last week. Many things are pointing towards Bitcoin continuing to outperform in the short term as we gear up for the next parabolic bull market.
However, alt season is very close and, once BTC confirms it's breakout towards 100k, a lot of the large caps like Ethereum and Solana will begin to go up very quickly. This is based on my cyclical analysis of alt seasons. To get a better idea of the cyclicality of cryptocurrency, Bitcoin, and alt seasons, check out my previous post which predicts the next parabolic rise in November:
An important thing to note when referring to alt seasons is that they don't last long (only a few months). So understand your timeframe when investing over the coming weeks. Another important idea is how money tends to flow during this period. It historically starts with Bitcoin breaking its all time high and beginning to rise. During this time, altcoins tend to underperform. But once BTC consolidates and begins to go sideways, that's when the rest of the market has time to catch up. In the chart I show 4 key points:
Bitcoin
This is when BTC makes a significant breakout whether that's from a significant resistance level or its ATH. This is where BTC is outperforming 99% of the market.
Ethereum & Large Caps
BTC will begin to slow down and a lot of the major altcoins will see a big increase. This is where you can find great trade setups on the BTC pairs like ETHBTC, SOLBTC, etc.
BTC Consolidates
BTC will start to go sideways, cooling off and preparing for its next rise. From here you might see some pumps in mid-low caps. These tend to be volatile and hard to predict.
Small caps - Quick and fast
As BTC continues to go sideways, some small caps might experience quick pumps in price. Similarly, these tend to be even more volatile and hard to predict.
After this, the pattern repeats back up to Bitcoin until we reach a peak and begin a new bear market.
The cryptocurrency bull market is brewing up and alt season can offer some incredibly profitable opportunities. Plan ahead, and don't overtrade.
Ethereum (ETH/USD) Entering a Bullish Phase: Key LevelsEthereum is currently showing signs of strength as it enters a positive, bullish phase. Following a period of consolidation and recovery, ETH is gradually climbing towards a significant resistance level at $4,394, a price last seen in May 2021. This level remains a key psychological and technical barrier for ETH, and breaking it could determine the next major price movement.
Market Context: Bitcoin’s Role
The broader market outlook is also highly favorable, with Bitcoin (BTC) expected to maintain levels above $100,000 throughout December. This stability in BTC could provide the necessary momentum for Ethereum to approach its $4,394 resistance.
Potential Scenarios for ETH/USD:
1. Scenario 1: Pullback Before the Breakout
In the most likely scenario, ETH may approach $4,394 but face resistance, leading to a pullback towards the $3,300 range. This retracement would allow for consolidation before another attempt to break the key level. This scenario aligns with typical market behavior, where assets retest major resistance multiple times before a breakout.
2. Scenario 2: Breakout and New All-Time Highs
Should ETH successfully break through the $4,394 barrier, the bullish momentum could accelerate. This breakout would open the door for a sustained rally, potentially pushing ETH towards new all-time highs in the $6,000 to $6,500 range between May and July 2026. Such a move would signal a significant shift in market dynamics, fueled by broader crypto adoption and improved market sentiment.
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Technical Indicators and Key Levels:
- Support Levels:$3,300, $3,800
- Resistance Levels:$4,394, $4,800
- Target Range Post-Breakout:$6,000 – $6,500
In summary, while ETH is currently showing bullish signs, the $4,394 resistance level will be a decisive battleground. Whether ETH pulls back or breaks through, its long-term prospects look promising, especially if BTC remains strong. A successful breakout could set the stage for Ethereum’s next major rally, potentially reaching new highs by mid-2026.
Ethereum Set to Skyrocket!ETHUSDT Technical analysis update
ETH has been trading inside the triangle for the last 4 years, The price is now moving toward the triangle resistance, signaling a potential breakout. Once the price breaks above the triangle resistance, we can expect a huge bullish move in the coming months, with the price potentially reaching the $8,000–$10,000 level during this bull run.
CRYPTOCAP:ETH BINANCE:ETHUSDT BITSTAMP:ETHUSD BINANCE:ETHBTC
ETHBTC - 0.618 Strong Recovery PointThis 0.618 fib is a good spot for a recovery for ETHBTC out of this long bear market
ETH to me right now is extremely undervalued in comparison to BTC and I think the recovery and disparity will change at this Fib line. Letting ETH move ahead of BTC, which is also a strong sign of an altcoin season.
Bearish until .618.