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The crypto market is sending mixed signals. While Bitcoin has surged to fresh all-time highs, altcoins are showing signs of stagnation, and the total market cap is flashing potential warning signs. This divergence between Bitcoin and the altcoin market has left many investors puzzled and uncertain about what comes next.
Are we witnessing a temporary pause before another altcoin surge, or is this a sign that the broader market rally is running out of steam? In this article, we'll break down the key indicators, market structures, and potential scenarios you need to be aware of to navigate the current environment. Whether you're holding Bitcoin, altcoins, or memecoins, understanding these signals will help you make informed decisions.
Altcoin Market: Warning Signals
The True Altcoin Market Cap (excluding Bitcoin, Ethereum, and stablecoins) initially showed strong signs of an altcoin season, breaking above $480 billion and doubling in value by over 102%. However, since that peak, momentum has faded.
Key observations:
The altcoin market saw a shallow correction of just 21%, the smallest correction so far in this bull market. Previous corrections were 39% and 51%.The market is struggling to hold above its 50% retracement level at $860 billion.If the market breaks below $800 billion, it could be an early warning sign of a larger correction.
Critical Support Levels to Watch
The major support zone to watch for altcoins is $680 billion. This level represents the macro lower top from the bear market and aligns with previous cycle highs. A drop to this level would still be a balanced correction. However, if the market closes below $640 billion to $680 billion, it may signal that the altcoin rally has run its course, at least for now.
Potential Scenarios
Bullish Scenario if a breakout above $925 billion. This could reignite the altcoin rally, pushing the market toward new highs.Bearish Scenario if a breakdown below $800 billion. This could lead to a deeper correction, potentially down to $680 billion or lower.
Bitcoin's Rally Continues, Caution is Warranted
Bitcoin has been the star of the show, breaking to new all-time highs while altcoins falter. The macro trend remains bullish, but there are some short-term signals to watch.
Key Levels to Monitor
The key support on the lower time frames is around $102,500. A breakdown below this level could signal a larger correction.On the 4-hour chart, watch for any trend changes below $104,500 to $105,000. This could indicate the daily trend is weakening.
ETF Flows and Market Sentiment
Bitcoin ETF flows show consistent inflows, but the inflows are showing lower highs. This divergence between inflows and higher prices could be a short-term warning sign. Additionally, seven consecutive days of higher lows often precede a reversal. While the broader trend remains strong, these signals suggest caution is warranted.
Ethereum and Altcoins: Mixed Signals Across the Board
Ethereum ($ETH )
Ethereum broke to new cycle highs but hasn't surpassed its previous all-time high. The market is showing a short-term double top around $4,090. To maintain bullish momentum, Ethereum needs to stay above the $3,500 to $3,600 support zone. A breakdown below this range could lead to a deeper correction toward $3,000.
Solana ($SOL )
Solana has shown significant weakness, failing to break above the $235 resistance level. If Solana can't reclaim this level, the market may face further declines. Support lies at the March highs, but a breakdown here could lead to a retest of lower levels.
Other Altcoins and Memecoins
Pendle (PENDLE) and Sui (SUI) are among the few altcoins showing strength, breaking to new highs and holding support zones.Cardano (ADA) and Polygon (POL) remain indecisive, struggling to find momentum above key resistance levels.Memecoins like Bonk (BONK) and Pepe (PEPE) have seen sharp corrections after euphoric rallies, signaling potential exhaustion.
What to Do Next?
Given the current market landscape, here's how you can navigate these uncertain times:
Monitor Key Support Levels:
For altcoins, watch the $680 billion level. A drop below this would signal deeper trouble.For Bitcoin, key support lies at $102,500 and $104,500 on the 4-hour chart.
Look for Breakouts and Breakdowns:
A breakout above $925 billion in the altcoin market could signal a resurgence.Breakdowns below support zones may indicate the need to exercise caution or take profits.
Diversify and Stay Flexible:
Markets are dynamic, and sentiment can change quickly. Consider spreading your investments and remain adaptable to changing conditions.
Watch for Market Confirmation:
Confirm breakouts with sustained volume and trend confluence.Stay cautious if corrections are accompanied by weak buying momentum.
Conclusion: Uncertainty Breeds Opportunity
The current divergence between Bitcoin's strength and the stagnation of altcoins is a classic sign of shifting market dynamics. While the altcoin market is sending warning signals, it hasn't broken down entirely — yet. Bitcoin remains resilient, but caution signs are emerging.
In times like these, staying informed and patient is key. The market could be setting up for a larger correction, or it may just be catching its breath before another leg up. By tracking the critical support and resistance levels and understanding the broader sentiment, you'll be better equipped to navigate whatever comes next.
Remember, the crypto market is a game of probabilities, not certainties. Stay flexible, stay informed, and stay ready.
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This guide aims to help you make sense of the market's complexities and prepare for the potential outcomes ahead. Stay vigilant, trust the data, and embrace the journey.

The crypto market is no stranger to volatility, and if you've been feeling the roller-coaster of emotions lately, you're not alone. Bitcoin is now in its second most "greedy" phase of this bull market, signaling a critical moment for traders and investors alike. Greed has dominated the market sentiment for 37 consecutive days — and history suggests that understanding this phase could be the key to predicting the market's next major move.
In this article, we'll break down the latest macro trends, Bitcoin's price structure, ETF flows, and the all-important Fear and Greed Index to help you make sense of where we stand. Whether you're feeling lost, euphoric, or cautious, this analysis will give you actionable insights into the potential paths ahead.
The US Dollar and Its Impact on Bitcoin
The strength of the US dollar plays a significant role in Bitcoin's performance. Currently, the dollar sits at a critical resistance level around 107 level. A drop in the dollar's strength could provide a tailwind for Bitcoin, even without a surge in demand. Conversely, if the dollar breaks above 108 level, it would suggest a stronger macro environment for the dollar, potentially dampening Bitcoin's upward momentum.
For now, the market remains in a consolidation phase, and the dollar's movement is a crucial element to watch. This sideways pattern in the dollar will eventually break — either as accumulation or distribution — and that will set the tone for Bitcoin's next big trend.
Bitcoin's Macro Trends and Critical Levels
Bitcoin's macro trend remains bullish, but we're watching key levels closely. On the weekly time frame, Bitcoin needs to hold above the $92,000 to $93,000 pivot zone. This level has acted as both resistance and support in recent weeks. If Bitcoin remains above this zone, we are likely seeing macro reaccumulation — a sign that the bull market still has legs.
However, if we see a breakdown with lower highs and closes beneath this level, it could indicate that a significant top has been reached. For now, the structure remains strong, and bulls are consistently stepping in to support higher lows. The market is resilient, but caution is warranted.
ETF Flows: A Window into Market Sentiment
Another indicator of Bitcoin's health is the flow of funds in and out of Bitcoin ETFs. Recent data shows a pattern:
Consistent inflows indicate steady buying interest.The largest recent outflows occurred on November 25th and 26th, coinciding with a market bottom. This suggests retail investors panicked and sold at the worst possible time, a classic sign of market psychology at work.
Interestingly, while inflows are consistent, they are showing lower highs, and daily exchange volume is dropping despite higher prices. This divergence between volume and price could be a short-term warning sign that the rally is losing strength. Yet, as long as prices trend higher and market structure holds, the bulls remain in control.
The Fear and Greed Index: Sentiment at Extreme Levels
The Fear and Greed Index is currently flashing Extreme Greed and has remained there for 37 consecutive days. This is the second-longest streak of extreme greed in this bull market. The longest streak so far was 45 days, which occurred in March.
What Does This Mean?
Shorter Cycle Scenario: If greed fades quickly (within the next 8 days), the market could be heading for a sharp correction. This reset in sentiment would align with previous market behavior and pave the way for a final leg up before the cycle ends.Longer Cycle Scenario: If extreme greed persists beyond 45 days, we could be entering a longer, more sustained bull market. This would resemble the 75-day streak of extreme greed seen in the previous cycle, suggesting higher prices and a lengthier uptrend.
The key takeaway? The next 8 days are critical. They will either confirm a shorter-term correction or signal that this bull market has more fuel left in the tank.
What Should You Do Next?
Given the current market dynamics, here are some strategies to consider:
Keep an eye on $92,000 to $93,000 for Bitcoin. A breakdown here would be an early warning sign.
2.A drop below 107 level could be bullish for Bitcoin, while a rise above 108 level could signal caution.
If we see a reset in sentiment and a dip into Extreme Fear, it could be a buying opportunity rather than a reason to panic. History shows that retail investors often sell at the worst times.Whether we get a shorter correction or a longer bull market, having a plan for both outcomes will help you navigate uncertainty.
Conclusion
The crypto market is at a pivotal moment. Bitcoin's 37-day streak of extreme greed is a sign of bullish momentum, but it also hints that a reset may be on the horizon. The next 8 days will likely determine whether this bull market continues to extend or prepares for a significant correction.
Remember, markets are driven by psychology. Staying informed, monitoring key levels, and managing your emotions will be your greatest assets during these volatile times. Whether the market resets or pushes higher, those who stay level-headed and strategic will be best positioned to succeed.
In the end, the trends are strong — but remain ready for whatever comes next.

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This article is for informational and educational purposes only and should not be considered financial advice. Cryptocurrency investments carry risks, and it's essential to conduct your own research or consult with a financial advisor before making any investment decisions.

The past month has been nothing short of exhilarating for crypto traders and investors. Since the beginning of November, the altcoin market has roared to life, doubling in value and sending shockwaves through every corner of the crypto space. From memecoins to new projects and established altcoins, money has flowed quickly, rewarding those who have managed to stay ahead of the trends.
Yet, with these rapid shifts comes a challenge: How do you navigate this volatile market confidently? In this article, we'll break down the macro trends in the altcoin space, Bitcoin dominance, and highlight key support and resistance levels for some of the top cryptocurrencies. Whether you're feeling lost or just cautious, understanding these trends will help you make more informed decisions.
Altcoin Market: Where Are We Now?
The True Altcoin Market Cap
To get a clear picture of altcoin performance, we exclude Bitcoin, Ethereum, and stablecoins. The breakout that kicked off altcoin season in November saw prices surge past major resistance levels, initiating a strong uptrend. So far, there has only been one significant correction, indicating the space still holds momentum.
Currently, we are above the critical support zone of $680 billion. As long as this level holds, the altcoin market remains in a strong position, and a further push upward is likely. Increased volatility and liquidations are causing short-term dips, but this is part of the normal cycle. Patience and vigilance are key as the market settles.
Bitcoin Dominance
The True Bitcoin Dominance Chart (which excludes stablecoins) offers another vital clue. Recently, we saw a correction in Bitcoin dominance, coinciding with the altcoin rally. Bitcoin dominance dropped through support, suggesting money was moving into altcoins.
However, dominance has now rebounded to the 58.7% level — a key resistance point. If Bitcoin dominance breaks above 61.5%, it could signal a slowdown in altcoin season. Conversely, a rejection and move below 58.7% would confirm more fuel for the altcoin fire.
Crypto Analysis
Bitcoin $BTC
Bitcoin continues to show resilience, with a recent third-highest close in history at $100,000. Key support lies around $99,000, with a pivot point at $94,000. As long as these levels hold, Bitcoin remains in strong territory.
To confirm further bullish momentum, we need to see:
Sustained closes above $99,000.Accelerating volume and momentum.
Ethereum $ETH
Ethereum flirted with the $4,000 mark but faced resistance. The macro trend remains bullish as long as Ethereum holds above $3,500 to $3,600. If it breaks through $4,000, expect a continuation toward new cycle highs.
Solana $SOL
Solana faces strong resistance at its 50% retracement level around $240. For Solana to regain strength, we need to see closes and higher lows above $335 to $340. A breakdown below the March top would signal weakness and a potential rotation of money out of Solana.
Ripple (XRP)
XRP needs to reclaim its short-term 50% retracement level at $2.40. Until then, the risk of a retest of the $2.00 support remains high. A breakout above $2.40 would signal renewed strength.
Memecoins: Dogecoin, Bonk, and DOG
Dogecoin (DOGE) is hovering above its key 50% level at $0.40. A breakdown below $0.36 could lead to a sharp decline, while a rally above $0.44 would suggest new cycle highs.Bonk shows relative weakness. For Bonk to regain strength, it must break above its trend line and 50% retracement level.DOG recently hit an all-time high but risks a correction if it breaks below $0.99. Holders should watch this level closely.
Staying Ahead of the Curve
Altcoin season is an exciting time, but it's also filled with risks. The current market is volatile, and trends can shift rapidly. Here are some key takeaways to help you navigate:
Monitor Key Support and Resistance Levels will help you to understand where the market is likely to find support or face resistance can help you time your entries and exits.Watch Bitcoin Dominance because a decline in Bitcoin dominance typically fuels altcoin gains, while a rise suggests capital is rotating back into Bitcoin.Patience and Confirmation are key, don't rush decisions. Wait for confirmations, whether it's a breakout above resistance or a hold at critical support.Diversification provides flexibility. Given the speed at which money moves between memecoins, new projects, and established altcoins, diversification can help manage risk.
Conclusion
The crypto market remains strong, with altcoins continuing to show potential for growth. As long as we hold above key levels like $680 billion for the altcoin market cap and $3 trillion for the total market cap, the broader trend remains bullish.
However, always be prepared for corrections and shifts in momentum. By staying informed, tracking critical levels, and being patient, you can navigate this dynamic market more confidently.
The path forward is promising, but it's not for the faint of heart. Stay vigilant, trust the data, and remember — every correction is also an opportunity.
This article is for informational and educational purposes only and should not be considered financial advice. Cryptocurrency investments carry risks, and it's essential to conduct your own research or consult with a financial advisor before making any investment decisions.

The global financial landscape continues to evolve, with the S&P 500 reaching new all-time highs and the US dollar maintaining its strength. Despite periodic corrections, the market's resilience is evident, as seen in the recent V-shaped recovery following a Yen carry trade-induced dip. This robust performance, however, comes with its own set of challenges and opportunities, particularly in the cryptocurrency sector, where the dynamics are more nuanced.
In this article, we delve into the current macroeconomic context, examining the S&P 500 and the US dollar's performance. We also explore the cryptocurrency market, focusing on key players like Bitcoin and Ethereum, as well as notable altcoins such as Solana, Cardano, XRP, and Dogecoin. Whether you're a seasoned investor or a newcomer to the market, understanding these trends and technical indicators is crucial for making informed decisions. Join us as we navigate the complexities of today's financial environment and uncover the potential paths ahead.
Macroeconomic Context: A Resilient S&P 500 and a Strong Dollar
The S&P 500 continues its upward trend, currently trading at all-time highs. While periodic corrections are expected and healthy for sustained growth, the market demonstrates impressive resilience. The recent Yen carry trade-induced dip served as a brief and sharp correction, quickly followed by a V-shaped recovery. The key level to watch is the trend line originating from the carry trade low. A breakdown below this line, coupled with a lower high, would signal a potential 2-to-4-week correction, necessitating a closer examination of support zones and retracement levels.
The strength of the US dollar is a notable factor. Despite the usual inverse relationship between a strong dollar and asset prices, we see strong performance across stocks, gold, and cryptocurrencies. This suggests robust demand for dollar-denominated assets. However, some commodities show weakness, possibly due to the dollar's strength. The dollar itself is trading within a well-established range, exhibiting potential for distribution, though confirmation is pending. A break above the 50% retracement level from the cycle top to the July 2023 bottom, accompanied by higher lows, would be a bullish signal, while a fake-out and subsequent correction would signal weakness.
Cryptocurrency Market
The cryptocurrency market presents a more nuanced picture. While the overall market cap shows confluence on longer timeframes (2-bar and weekly), the daily trend is down, suggesting early signs of weakness. The $3 trillion mark is critical support; a break below this could signal a major top and potentially the end of the current cycle. The $3.3 trillion level represents a potential reaccumulation zone.
Bitcoin Cautious Optimism

Bitcoin remains strong on the weekly chart, staying above crucial support levels. The daily trend has turned upward, holding near $100,000. While the overall trend is bullish, confirmation of reaccumulation requires sustained price action above $99,000. The $94,000 level serves as a critical pivot point; a drop below this would signal potential for further weakness.
Ethereum and Altcoins: A Mixed Bag
Ethereum displays bullish trends on daily and weekly charts, but faces resistance at the $3,500-$3,600 range. Holding above this level would confirm reaccumulation. However, the altcoin market is more varied:
Solana (SOL)
Shows significant weakness, experiencing consecutive down days and early trend changes. Support lies at the March top, with resistance around $240. A break above this level is needed to signal strength.
Cardano (ADA)
Similarly, Cardano is lagging, requiring a break above $1.12 to signal reaccumulation and strength.
XRP
Faces resistance at $2.40. Breaking above this level could lead to new cycle highs.
Dogecoin (DOGE)
Dogecoin is holding above the key 50% level at $0.40. The critical pivot point on the downside is $0.099. A break below this could lead to further declines, while sustained action above $0.10 suggests potential for new highs.
Conclusion:
The markets present a mixed picture. While the S&P 500 and Bitcoin exhibit overall strength, the possibility of short-term corrections exists. The crypto market, especially altcoins, shows diverse performance, with some assets significantly lagging. Careful monitoring of key support and resistance levels, coupled with a nuanced understanding of technical indicators, is crucial for navigating the current market environment. This analysis is for informational purposes only and should not be considered financial advice. Consult with a financial professional before making any investment decisions.

The crypto market has been on a rollercoaster ride, and as we delve deeper into the current cycle, it's crucial to understand the macro and micro trends that are shaping the market. This analysis will help both beginner and seasoned traders navigate the complexities of the crypto space, providing insights into where we stand and what to expect next.
The Macro Picture: A Historical Perspective
One of the most compelling charts for analyzing the overall crypto market is the Bitcoin Liquid Index(BLX) chart, which measures the time frames from low to high and high to low. Historically, the market has shown remarkable consistency, with bull markets lasting around 1,000 days and bear markets lasting about a year. The current cycle, which began around 742 days ago, suggests that there is still some time left before the bull run ends. However, the end of a major economic cycle and the influx of new participants could make this cycle different from the past.
Historically, after breaking into new all-time highs, the market has experienced significant corrections. For instance, in the Genesis cycle, the market saw a 6-day correction followed by a 3-month correction before reaching its final peak. In the Early Adopter cycle, a 34-day correction was followed by two shorter corrections lasting 2 weeks or less. The Mainstream Awareness cycle also saw a 3-month correction before a final peak.
In the current cycle, we have yet to see these short, sharp corrections, which typically indicate the end of a bull run. The absence of these corrections suggests that there might still be more time and higher prices to come. However, the market did break into new all-time highs in March, followed by a 5-month correction, which is a slight cause for concern. Typically, corrections after breaking new highs should form above the previous cycle top, which hasn't happened yet.
Elliott Wave theory is a powerful tool for understanding market structure. According to this analysis, we are currently in the fifth and final leg of the bull market. The fifth wave is characterized by a strong upward move, but it can also be the most volatile. While the macro Elliott wave structure suggests that the end of the cycle could come at any moment, the lower time frames have not yet shown signs of a wave five completion. This means that there could still be more time left in the bull run, but traders should remain vigilant for any signs of a wave four correction.
Daily exchange volume is a critical indicator of market sentiment. Historically, the end of a crypto cycle is marked by a peak in exchange volume, indicating a large influx of new money. In the current cycle, we saw a peak in volume in April and May, followed by a higher price high but a lower volume high in November. This divergence is a bearish signal, but it doesn't necessarily mean the end of the cycle. The market is still seeing increasing volume, suggesting that there might be more room to grow. However, a new peak in exchange volume will be a key signal to watch for.
Short-Term Analysis: Liquidations and Support Zones
Recent market activity has been marked by significant liquidations, with over $1.7 billion in liquidations. While this can be a sign of a market bottom, it can also lead to further volatility. The long-short ratio is currently flipping to favor the short side, which could lead to short-term pivot points and reversals. The 24-hour volume is also up significantly, indicating high interest in the market.
On the daily time frame, Bitcoin is still holding above key support levels, particularly around $90,000. This level is crucial because it has acted as a pivot point in the past. If the market breaks below this level with a daily close and lower highs, it could be a significant red flag, suggesting a retest of the previous cycle top at $74,000.
On the 4-hour and daily time frames, the trends are currently down, but there are signs of potential reversals. A key level to watch is around $99,000. If the market can break above this level and hold it, it could signal a retest of recent highs and potentially new all-time highs. On the downside, the support zone around $94,000 is critical. If buyers fail to step in at this level, it could indicate a larger correction is on the horizon.
Prediction
Bitcoin's price action over the next few days is poised at a critical juncture, with three potential scenarios unfolding depending on how key levels are approached. The most likely outcome is a bullish breakout, driven by the market's adherence to the fifth wave of the Elliott Wave structure. If Bitcoin can maintain support above $97,500 and successfully break through the resistance at $99,500, it may rally towards $101,800 and potentially extend to $104,000. This scenario is supported by increasing volume and a structurally bullish trend, suggesting that if resistance is overcome, upward momentum could propel prices higher within the next two to three days.
A moderate probability scenario involves a short-term correction. Should Bitcoin face rejection at $99,500 and dip below $97,000, a pullback to the $94,000 region or even as low as $90,000 is likely. This correction aligns with the 0.886 Fibonacci retracement level at $93,800, a historically significant support zone. The market's previous responses to these levels indicate that while a correction could occur, it may be brief, lasting just one to two days, followed by a potential recovery as buyers re-enter at these support levels.
The least likely outcome is a period of consolidation. If Bitcoin remains unable to break above $99,500 but holds support near $97,000, it may enter a range-bound phase. This sideways movement would be characterized by market indecision and lower trading volume, leading to a temporary equilibrium between buyers and sellers. Such consolidation could persist for three to four days before a decisive breakout or breakdown occurs, setting the stage for the next major price movement.
Conclusion
The crypto market is a dynamic and often unpredictable space, but by understanding the historical patterns and current trends, traders can make more informed decisions. The current cycle suggests that there is still time left in the bull run, but the market is entering a critical phase. Short, sharp corrections and a new peak in exchange volume will be key indicators to watch for. For now, the market is still looking strong, but traders should remain cautious and be prepared for potential volatility.
Also for Bitcoin while a bullish breakout remains the dominant narrative, traders should be prepared for the possibility of a brief correction or short-term distribution, depending on how Bitcoin interacts with key support and resistance levels.
As we move forward, staying attuned to both macro and micro trends will be essential. Whether you're a beginner or a seasoned trader, the key is to stay disciplined, manage risk, and be ready to adapt to the ever-changing market conditions.
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This article is for informational and educational purposes only and should not be considered financial advice. Cryptocurrency investments carry risks, and it's essential to conduct your own research or consult with a financial advisor before making any investment decisions.

The cryptocurrency market is experiencing a period of intense volatility, with a massive influx of capital – almost $1.5 trillion in just four weeks – leading to record-high market capitalization. However, beneath this bullish surface, several key indicators suggest potential for short-term corrections and a more complex market dynamic than a simple bull run. This analysis will delve into macro trends, short-term price action, and key factors influencing Bitcoin, Ethereum, and prominent altcoins.
A Top-Heavy Market?
The overall market shows signs of being "top-heavy," meaning the price is rising despite weakening underlying strength. Several indicators support this view:
Lower timeframe charts reveal decreasing trading volume alongside rising prices. This divergence suggests a loss of momentum and a potential slowing of the uptrend. This is especially noticeable since the significant influx of capital in mid-November.While there are still net inflows into cryptocurrency spot ETFs, the rate has drastically decreased since the November peak. This reduced institutional investment, despite rising prices, points to potential weakness.Previous liquidation events (large-scale forced selling) indicate underlying market fragility and suggest a higher likelihood of future corrections.Daily trading volume has significantly dropped from peaks above $500 billion to below $200 billion, indicating reduced market participation. A break below the $90 billion support level would be a strong bearish signal.
Bitcoin: Macro Strength, Short-Term Uncertainty
While the overall macro structure for Bitcoin remains bullish above the $91,000 level, implying potential for further accumulation, short-term indicators hint at possible corrections:
The $75,000 level is a critical support zone. A sustained break below this would strongly suggest a major reversal. While a retest of this level after a breakout is common, the current market's strength may prevent such a pullback.Recent large price swings indicate a shift from accumulation (buying pressure) to distribution (selling pressure), a classic warning sign. While the macro trend is still up, this suggests a potential weakening of buying support.Breaks below key support levels around $90,000 and $97,300 (which coincides with the 50% retracement of the previous downtrend), accompanied by lower highs, would signal a potential retest of lower price points.A sustained break above the short-term trendline resistance (around $101,500), confirmed by higher lows, would signal a strong bullish continuation and a potential push toward new all-time highs.
An overbought RSI suggests short-term corrections may occur. Track RSI trends on TradingView to time your entries and avoid buying at the peak.
Ethereum and Altcoins: Riding the Momentum Wave
Ethereum, while close to new cycle highs around $4100, faces resistance at previous peak levels. Altcoins present a somewhat different picture:
The "True Altcoin Market Cap" (excluding Bitcoin, Ethereum, and stablecoins) is nearing its previous all-time high of $1 trillion, suggesting the altcoin season is still in play. A break below the $650 billion support would be a significant bearish indicator.The declining Bitcoin dominance indicates capital flowing into altcoins. However, a rise above 61% Bitcoin dominance would be a bearish signal for altcoins.Specific altcoins like Solana (SOL) display weakness, facing resistance at its 50% retracement level and a double top pattern.Meme coins like PEPE and Dogecoin, while experiencing recent highs, are also vulnerable to short-term corrections if key support breaks.
Conclusion:
The current cryptocurrency market is characterized by a complex interplay of bullish and bearish signals. While the massive influx of capital and overall macro trends appear positive, several indicators suggest potential short-term corrections. Investors should closely monitor key support and resistance levels, trading volume, and changes in market sentiment. A cautious approach, emphasizing risk management and diversification, is crucial for navigating this volatile environment. This analysis is for informational purposes only and does not constitute financial advice.

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This article is for informational and educational purposes only and should not be considered financial advice. Cryptocurrency investments carry risks, and it's essential to conduct your own research or consult with a financial advisor before making any investment decisions.

As the cryptocurrency market continues to evolve, Ethereum ($ETH ) stands out with its remarkable price action and bullish momentum. This article provides a comprehensive analysis of ETH's performance against Tether (USDT) from June to December 2024, examining key technical indicators and market dynamics. With Ethereum navigating an ascending channel amidst fluctuating market conditions, understanding the interplay of support and resistance levels is crucial for traders and investors alike.
We'll delve into the nuances of the current market landscape, highlighting the implications of the recent price movements and the potential for short-term corrections. As we unpack the charts and predictions, this analysis aims to equip you with the insights needed to make informed decisions in an ever-changing environment. Join us as we explore the technical foundations of Ethereum's uptrend and what lies ahead for this leading cryptocurrency.
Chart Analysis
ETH is clearly in an uptrend, contained within an ascending channel defined by the upper and lower trendlines. This suggests bullish momentum but also the possibility of consolidation or pullbacks within the channel's boundaries.Several horizontal support and resistance levels are visible. Key support levels are seen near $3,127, $3,416, and potentially around $2,164 (although this latter level appears to be a long-term support, not immediately relevant for short-term predictions). Resistance levels are observed at approximately $3,871 and $4,090. Breaks above or below these levels will likely trigger further price movements.The Relative Strength Index (RSI) hovers around 73%, which is in overbought territory. This suggests that the recent price increase may be unsustainable in the short term and a correction is likely.The volume is relatively high on some recent bars but this doesn't provide clear direction on its own.
While Bitcoin's 12% correction has raised some concerns, the overall performance of Ethereum holding above its support levels during that period, signals strength in Ethereum relative to Bitcoin. A significant increase in the altcoin market cap and some altcoins even reaching new all-time highs, also provides a clear signal of ETH's bullish sentiment.
Price Prediction
Based on the combined analysis, several scenarios are plausible:
Given the overbought RSI and the general market volatility described in the text, a short-term correction is highly likely. This correction could push ETH price down to the nearest support level, around $3,416 or potentially lower to $3,127. However, the overall uptrend contained within the channel suggests the price would find buying support and bounce before the lower boundary of the channel.The long-term trend remains bullish. After the short-term correction, the price is likely to resume its upward trajectory. The upper trendline of the channel, currently near $4,090, offers a potential resistance target. A break above this would signal further potential upside, likely towards the next resistance area indicated on the chart.
These predictions focus on the short-term to medium-term (next few weeks to months). Long-term predictions (beyond several months) are extremely difficult to make accurately due to the inherent volatility and uncertainty of the cryptocurrency market.

With Ethereum in a strong uptrend, long-term investors can consider staking their ETH to earn passive income while waiting for the next breakout. Bybit and Binance both offer staking options.
Conclusion
The current technical and market conditions indicate a strong uptrend for Ethereum, supported by key resistance and support levels. While the overbought RSI suggests a short-term correction is likely, with potential pullbacks to $3,416 or $3,127, the overall bullish momentum and strong support levels within the ascending channel provide a solid foundation for recovery.
Traders and investors should be prepared for these short-term adjustments, which may present buying opportunities. The key resistance levels at $3,871 and $4,090 will be crucial to monitor, as breaking above these levels could signal further significant gains.
Given the dynamic nature of the cryptocurrency market, it is essential to remain vigilant and adapt to changing conditions. The medium-term outlook for Ethereum remains positive, with the potential for a strong upward trajectory once the current overbought conditions are resolved. Long-term investors should focus on the underlying fundamentals and the overall positive sentiment surrounding Ethereum.
This article is for informational and educational purposes only and should not be considered financial advice. Cryptocurrency investments carry risks, and it's essential to conduct your own research or consult with a financial advisor before making any investment decisions.

The cryptocurrency market experienced a dramatic swing recently. Bitcoin's exhilarating surge past $100,000, fueled by positive news from the US government regarding crypto-friendly regulations and favorable comments from key figures like former President Trump and Federal Reserve Chair Jerome Powell, was swiftly followed by a significant 12% correction. This correction, the largest since September, has raised questions about the market's stability and the future of cryptocurrencies. However, a closer look at the data reveals a more nuanced picture, particularly when it comes to Ethereum and other altcoins. In this article, we will analyze the current state of the cryptocurrency market, focusing on Bitcoin($BTC ), Ethereum($ETH ), and notable altcoins like $SUI .
Market Overview
USDT dominance initially dipped but managed to close above 3.8%, suggesting a potential influx of funds back into Bitcoin and altcoins, which could further bolster the market. Additionally, MicroStrategy's recent performance, characterized by lower highs, mirrors its behavior during the previous bull market cycle. This pattern could be an early warning sign of an impending correction or an indication that the market is entering a late stage. However, it is crucial to view this as just one of many indicators and to consider it within the broader context of overall market trends.
Bitcoin's Roller-coaster
The rapid rise and fall of Bitcoin around the $100,000 mark highlight the market's susceptibility to both euphoria and sudden corrections. While positive news initially drove the price up, the subsequent drop suggests potential profit-taking and a period of consolidation. Analysis of the 4-hour and daily charts reveals key support levels around $97,000, $91,000, and $85,000. A break below $85,000, which represents approximately a 18% correction from the peak, could signal a more substantial downturn. However, the market's ability to hold above the previous swing highs offers a degree of short-term optimism. The massive liquidations observed (over $1 billion in 24 hours) also point to a potential "dead cat bounce" – a temporary recovery following a sharp decline – before further price adjustments. Historical comparisons with previous Bitcoin cycles reveal similar patterns of volatility, with corrections ranging from 10% to 28% within short periods.
The fear and greed index dropped from extreme greed to greed, indicating a more balanced market sentiment. This shift is a natural response to the rapid rise and subsequent correction. The correction was accompanied by high volume, suggesting strong buying interest. The market is still holding above previous swing tops, which is a positive sign of potential buying support.
Ethereum and Altcoins: Relative Stability Before Volatility
Interestingly, many altcoins demonstrated relative resilience during Bitcoin's correction. The ETH/BTC chart, for example, showed a closing price higher than the previous swing top, signaling strength in Ethereum relative to Bitcoin. The overall altcoin market cap remained above $900 billion, exceeding previous highs, suggesting a degree of decoupling from Bitcoin's immediate price movements. Specific altcoins like SUI even reached new all-time highs during Bitcoin's downturn, indicating strong independent momentum within the altcoin market and potential for further gains.
Notable Altcoins:
SUI has achieved new cycle highs and shown strong volume. This indicates strong performance and potential for further gains.Dogecoin has been grinding higher and was not significantly affected by Bitcoin's correction, demonstrating its resilience.
Conclusion
While Bitcoin's 12% correction has raised some concerns, the overall performance of Ethereum and other altcoins remains robust. The ETH/BTC chart closing higher, the achievement of new cycle highs by SUI, and the resilience of Dogecoin all point to a healthy and potentially bullish outlook for the altcoin market. The market sentiment and volume suggest that the correction in Bitcoin is not necessarily a bearish signal for the broader crypto market. Whether you are a seasoned investor or a newcomer to the crypto space, it is crucial to stay informed and make data-driven decisions by monitoring of market sentiment, support and resistance levels, and overall macroeconomic factors are crucial for making informed investment decisions.

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This article is for informational and educational purposes only and should not be considered financial advice. Cryptocurrency investments carry risks, and it's essential to conduct your own research or consult with a financial advisor before making any investment decisions.

The cryptocurrency market is a dynamic arena of opportunity and volatility. To succeed, you need more than just the "buy low, sell high" mantra. You need a strategic roadmap that combines technical analysis, market cycle awareness, and disciplined risk management. This article equips you with the insights and actionable strategies to navigate this exciting yet treacherous landscape.
Market Overview
The crypto market is currently experiencing a powerful surge, fueled by the altcoin frenzy. However, Bitcoin($BTC )'s hesitant movement below $99,500, marked by declining tops, hints at potential distribution by larger holders.
This divergence between Bitcoin's consolidation and the altcoin rally presents a crucial juncture. While bullish sentiment prevails, remember that corrections are inevitable, even in bull markets.
Bitcoin: Waiting for the King's Coronation

Bitcoin's price action often dictates the broader market's direction. Its current consolidation below $99,500 warrants caution.
The Signal shows declining tops suggest potential distribution.Imagine buying Bitcoin at $95,000. A sensible stop-loss would be placed just below the $91,000 support level.
Action
Maintain a stop-loss near $91,000 or $85,000 based on your risk tolerance.Wait for a confirmed breakout above $99,500 with strong volume to open new entries.
Ethereum: The Altcoin Engine
Ethereum ($ETH ) often serves as a catalyst for altcoin rallies. Its struggle against resistance at $3,600, with a strong overhead trendline descending from its all-time high at $3,800. This trendline acts like a ceiling, suppressing price.
The Signal needs to break above resistance for sustained momentum.A breakout above $3,800, followed by a pullback to $3,600, could offer a lower-risk entry.
Action
Hold above $3,500 with a stop-loss below the nearest swing low.Ideal after a breakout above $3,800, potentially on a pullback to $3,600 to open new entries.
Altcoin Analysis
Altcoins offer explosive potential but demand careful selection and risk management.
Strong Uptrends
Hold and setup trailing Stop-Losses for:
SUI with a support at $3 levelICP with a support at $12 levelPendle at above $6 level
Potential Reversals
Caution take partial profits to prevent unresponsive fast corrections
SOL in a downtrend, sell below recent lowsSEI, watch swing bottomDOT hold above $10, sell below
Watchlist
Awaiting confirmation signals for:
AVAX should target $60, trailing stop-loss at previous swing.LINK with a support at $21.50
Mastering Market Cycles
Understanding market cycles is crucial for long-term crypto success. We're likely in wave 3, from the Elliott Wave Theory, suggesting further upside, but a wave 4 correction is inevitable.
Recognize Exhaustion Declining volume, failed breakouts.Prepare for Wave 4 Sell a significant portion of holdings during sharp corrections. Re-enter strategically after the correction plays out.
If your altcoins double, sell 50% as exhaustion signs emerge. Sell another 25% during wave 4, leaving 25% to capitalize on the next wave. Wait for Wave 4 corrections to complete, likely within one or tow months. Re-enter with 25%-50% of your capital.

Even in strong markets, corrections are possible. Set stop-losses and use tools like TradingView to plan exits when prices approach key resistance levels.
Conclusion
Navigating the cryptocurrency market requires a strategic approach that balances technical analysis, market cycle awareness, and disciplined risk management. As the altcoin frenzy continues, Bitcoin's consolidation below $99,500 presents both challenges and opportunities. It's essential to remain vigilant, recognizing that corrections can occur even in a bullish environment.
For Bitcoin, waiting for a confirmed breakout with strong volume is prudent, while Ethereum's resistance levels at $3,600 and $3,800 serve as critical indicators for potential momentum shifts. Altcoins can offer explosive returns, but careful selection and risk management are paramount to capitalize on their volatility.
Understanding the broader market cycles, particularly the progression of Elliott Waves, can enhance your trading strategy. Preparing for inevitable corrections and selling a portion of holdings during signs of exhaustion will help you maximize gains while minimizing risks.
Ultimately, staying informed about macroeconomic factors and adapting your strategy to the evolving landscape will position you for success in this dynamic market. Embrace the waves of opportunity, but always be prepared for the challenges that come with them.
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This article is for informational and educational purposes only and should not be considered financial advice. Cryptocurrency investments carry risks, and it's essential to conduct your own research or consult with a financial advisor before making any investment decisions.

As the year comes to a close, the financial landscape presents both opportunities and challenges. This article delves into the current state of traditional markets and the evolving dynamics of the cryptocurrency sector.
With traditional markets showing strong gains in November and global markets reaching new highs, promising indicators are ahead. Meanwhile, the crypto market is experiencing a significant shift, as interest in altcoins rises amidst Bitcoin($BTC )'s consolidation phase.
The potential implications of these trends will be explored, offering insights into market predictions and strategies that investors can adopt to navigate the upcoming months. This analysis aims to decode the signals that could shape financial narratives leading into 2025.
Traditional Markets
The S&P 500 saw a 5% rise in November, historically a bullish sign for the following 12 months. December also tends to be positive, especially in post-election years. However, decreasing volume on recent S&P 500 highs suggests a potential short-term pullback before further gains. The NASDAQ and Dow Jones are showing similar patterns. Global markets also remain strong, with several indices hitting all-time highs.
A weak November close for the US dollar is potentially positive for risk assets like Bitcoin and crypto.
Bitcoin and Crypto
While Bitcoin's Fear & Greed Index remains high, suggesting continued interest, we're seeing lower highs and lows in the short term, indicating a potential pause or consolidation. Analyzing previous cycles reveals that Bitcoin tends to stall around the halfway point of its upward moves, and we might be at that juncture now. Timeframes suggest a potential peak in late Q1 2025.
The crypto market is showing classic altcoin season behavior. Reduced interest in Bitcoin, as seen in Google Trends, coupled with rising interest in "crypto," suggests funds flowing into altcoins. The breakdown of USDT dominance and Bitcoin dominance further supports this altcoin narrative. Expect continued altcoin strength, but we always must be prepared for volatility and corrections.
Key Signals
The breakdown of USDT dominance below key support levels suggests capital flowing into Bitcoin and altcoins, fueling the current rally.The declining Bitcoin dominance, coupled with an overbalance in price correction, confirms the altcoin season thesis.Total Crypto Market Cap is breaking all-time highs signals overall market strength, but be wary of potential corrections, especially as timeframes align with previous cycle peaks.The November close for ETH/BTC was strong. However, like other markets, a pause or correction is possible before further upside.
Predictions
Expect potential short-term corrections in both stocks and Bitcoin, but the overall trend remains bullish. December historically follows November's trend, suggesting a positive close for Bitcoin above $96,500.We anticipate further upside for Bitcoin and altcoins in Q1 2025, with a potential peak towards the end of the quarter. This aligns with both time cycle analysis and historical patterns. However, this rally won't be a straight line; expect volatility and corrections along the way.The 18-year cycle points to a strong 2025, but be prepared for significant corrections and increased volatility as the market approaches its peak.
Market predictions are never certain. Always conduct your own research and manage your risk appropriately. Stay informed, adapt to changing market conditions, and be prepared for both opportunities and challenges.
Conclusion
As we decode the market signals for December, it's clear that both traditional markets and the crypto landscape are poised for significant developments leading into 2025. The S&P 500's positive momentum, coupled with a weakening US dollar, suggests potential tailwinds for risk assets, including Bitcoin and altcoins.
Bitcoin's current consolidation phase, alongside rising altcoin interest, indicates a shift in market dynamics, with funds flowing away from BTC into altcoins. This aligns with historical patterns, where Bitcoin often experiences a stall before significant upward movements.
Looking ahead, while the overall trend appears bullish, investors should remain vigilant for potential short-term corrections. The anticipated volatility underscores the importance of adapting strategies and managing risk effectively. As we approach Q1 2025, the interplay of these market signals will be crucial in navigating the opportunities and challenges that lie ahead.
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This article is for informational and educational purposes only and should not be considered financial advice. Cryptocurrency investments carry risks, and it's essential to conduct your own research or consult with a financial advisor before making any investment decisions.

The cryptocurrency market is buzzing with action as altcoin season charges ahead. Over the past month, altcoins have surged, outperforming Bitcoin, which has remained relatively flat. However, amidst the excitement, there are some early warning signs of potential exhaustion in the market. This article will analyze the current trends in Bitcoin, Ethereum, and altcoins, explore macroeconomic factors, and offer actionable strategies for traders and investors.
Altcoins Take the Lead
Since early November, the altcoin market has surged, with significant gains across multiple tokens. Bitcoin's dominance has decreased, indicating a shift of capital into altcoins. However, this uptrend raises concerns about sustainability due to divergences in trading volume and price gains.
The macroeconomic environment continues to impact crypto markets. Central banks' tight monetary policies have constrained liquidity in traditional markets. Yet, institutional interest in cryptocurrencies, driven by ETF inflows and developments like Bitcoin spot ETFs, provides support.
The crypto market seems to be in the late stages of an intermediate rally within a broader bullish cycle. Historical patterns indicate that prolonged uptrends often lead to consolidation or correction, and the divergence between price and volume suggests potential exhaustion.
While the momentum remains bullish, the market is at a crossroads, with some indicators pointing to a possible pause or correction.
Bitcoin's Consolidation Phase
Bitcoin ($BTC ) remains in a consolidation phase after reaching its second-highest weekly close in history. Despite this milestone, its price has been range-bound since late November, reflecting a lack of strong momentum compared to altcoins.
On a weekly basis, Bitcoin's trend remains strong, supported by tools like the Gann Swing Indicator. However, on shorter time frames, multiple lower highs indicate reduced energy in the market.Support lies around $94,000–$95,200, with resistance at recent highs. A breakout above or below these levels could define the next major move.A break above multiple tops would signal reaccumulation and a potential continuation of the uptrend, while a breakdown could lead to a retest of lower support levels.
Ethereum Breaking Out with Caution
Ethereum ($ETH ) has shown signs of strength, breaking out of its short-term pattern of lower highs and higher lows. However, it faces overhead resistance at key trend lines, and momentum appears to be slowing.
Ethereum struggles to break above $3,500 resistance level convincingly. Lower highs below this level could signal a retest of prior support zones.
A breakdown below $3,200 support level would indicate a loss of bullish momentum.
Leaders and Laggards
Altcoins have been the star performers, with many breaking out into new highs. However, as with Ethereum, caution is warranted in some cases.
AVAX (Avalanche)
Strong continuation above $42, supported by higher lows. Potential for more gains while holding above key trend lines.
Warning: Daily closes below $42 could signal an intermediate top.
LINK (Chainlink)
Trending strongly with confluence on multiple time frames. Breakout above $18 would solidify its bullish trend.
Risk: A failure to hold above $15.50 could slow momentum.
XRP
Soaring past $2, supported by strong investor enthusiasm.
Caution: High volatility makes it susceptible to sharp corrections.
Underperformers
Solana (SOL) is facing challenges as capital rotates to other altcoins.
Kaspa (KAS) is showing mixed signals across time frames suggest choppy market conditions.
Strategies
For Beginners
Dollar-cost averaging (DCA) remains a reliable strategy, especially during volatile markets. By investing a fixed amount regularly, you can reduce the impact of short-term price fluctuations.
Example: If you invest $200 weekly in Bitcoin, you accumulate more during dips and less during peaks, averaging your entry price over time.
For Advanced Traders
Advanced traders can leverage technical indicators to navigate current market conditions:
Use Relative Strength Index to identify overbought or oversold conditions. Many altcoins are approaching overbought territory.Apply Fibonacci levels to anticipate support and resistance zones in trending markets.Track trend reversals and confirmations, particularly useful in trending altcoin markets.
For Long-Term Holders
Holders should focus on projects with strong fundamentals, avoiding overexposure to highly volatile assets. Periodically reassess portfolio allocation to ensure alignment with long-term goals.
Conclusion
The altcoin season continues to deliver impressive returns, but early warning signs suggest a potential slowdown. While Bitcoin consolidates, Ethereum and other altcoins are taking the spotlight. However, divergence in volume and price gains highlights the need for vigilance.
For investors and traders, the key is to stay flexible and prepared for all scenarios. Adopting a balanced approach—combining fundamental analysis, technical tools, and sound risk management—can help navigate the opportunities and challenges in this dynamic market.
As always, do your due diligence, assess your risk tolerance, and make informed decisions to thrive in this ever-evolving landscape.
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This article is for informational and educational purposes only and should not be considered financial advice. Cryptocurrency investments carry risks, and it's essential to conduct your own research or consult with a financial advisor before making any investment decisions.

The crypto market presents a compelling dichotomy: while the total market cap achieves new all-time highs, Bitcoin($BTC ) is forming lower tops. This divergence, combined with a weakening Bitcoin dominance, suggests a potential rotation towards altcoins. Let's explore this dynamic and what it means for investors.
The US Dollar Index (DXY) remains range-bound between 100 and 108, currently hovering around a macro 50% level. This range-bound behavior creates uncertainty for crypto. However, the fact that many crypto assets are holding gains despite a relatively strong dollar suggests they could appreciate further if the dollar weakens. A breakout above 108 in the DXY could create headwinds for crypto, while a breakdown below 100 might provide tailwinds.
Bitcoin dominance, a measure of Bitcoin's market share relative to the entire crypto market, is declining. Excluding stable-coins, it has fallen below 63%, a four-month low. This breakdown from key support, coupled with the "true" total market cap (excluding Bitcoin, Ethereum, and stable-coins) surging to new highs, reinforces the narrative of an emerging altcoin season.
Ethereum ($ETH ) stands out with a recent 10% surge, holding those gains and possibly entering a re-accumulation phase. ETH remains above the $3,500 mark, a critical support level. A decisive break above the descending trend line from its all-time high would signal further upside potential, with the next major resistance not until $38,100. However, a drop below $3,500 could trigger a retest of the $3,000 zone.
Altcoin Opportunities and Risks
Solana ($SOL )
While SOL reached new all-time highs this week, it failed to hold those levels. It now faces resistance at $260 and support between $225 and its 50% retracement level ($243). Its price action remains choppy and indecisive.
Cardano (ADA)
ADA demonstrates a solid uptrend with consistent higher lows, suggesting sustained buyer support. Key support rests near $0.90. As long as ADA maintains this pattern, the outlook remains positive. The next resistance level sits at $1.20.
XRP
XRP continues its upward trajectory, with the next major resistance at the psychological $2.00 level, which also coincides with the previous cycle's high. Support lies around the 50% level ($1.57).
Bitcoin Outlook
Despite Bitcoin's recent relative weakness, the weekly chart remains bullish. Key support sits at $90,000, with $93,000 acting as an early warning level for potential deeper corrections. On lower timeframes, the 50% level ($95,200) serves as a critical pivot point. Holding above this level suggests short-term strength, while a breakdown below could indicate further downside.
Strategies
Short-Term Traders
Consider taking profits on Bitcoin near resistance levels and explore opportunities in altcoins showing relative strength, like ETH, ADA, and XRP. Use stop-loss orders to manage risk.
Long-Term Investors
This might be a good time to diversify into promising altcoins. Dollar-cost averaging remains a prudent strategy for accumulating Bitcoin during dips.
This is not financial advice. Always conduct thorough research and manage risk according to your personal circumstances. The crypto market is inherently volatile, and past performance does not guarantee future results. Stay informed, be adaptable, and invest responsibly.

Fantom ($FTM ) is showing strong bullish momentum, riding a wave of higher highs and higher lows across all timeframes. This analysis breaks down key support and resistance levels, potential price movements, and smart entry/exit strategies, incorporating volume and RSI indicators.
FTM's recent price surge is supported by increasing volume, a positive sign. The Relative Strength Index (RSI) suggests room for further upside, though we'll watch for overbought conditions. Fibonacci retracement levels, particularly the 0.618 (a key support level), are crucial in gauging potential price movements.
On the daily chart the immediate resistance stands at $1.1022. A decisive break above this level, accompanied by strong volume, could propel FTM towards its all-time high of $1.1379. Surpassing this psychological barrier could unlock significant further gains. On the flip side, failing to break $1.1022 and dipping below $0.9802 could trigger a retracement to $0.9539 or even the stronger support at $0.8577.
The 4-hour timeframe confirms the daily chart's analysis, highlighting $1.00 and $0.9802 as crucial support levels. A bounce from these levels with healthy volume could fuel another attempt at the $1.1022 resistance. However, breaking below $0.9802 on this chart would flash a bearish signal, suggesting a deeper correction.
On the hourly chart FTM is currently consolidating, with key levels mirroring the 4-hour chart: $1.00, $0.9802, and $1.1022. We're watching for a breakout or breakdown from this range, which will dictate the next move.
The 15-min timeframe helps identify short-term pullbacks and entry points. FTM is trading within an ascending channel. The 0.618 Fib level at $1.0189 and the channel's lower trendline offer potential support. A breakout above the channel's upper trendline would signal continued bullish momentum.

Trading Strategies:
In the Short-Term, look for entries on bounces from the lower trendline of the ascending channel or support levels like $1.00 or $0.9802. Consider taking profits near the upper trendline or resistance levels, especially if the RSI climbs into overbought territory.A breakout above $1.1022 with strong volume on the daily chart presents a compelling entry point for long-term positions. Consider taking profits near the all-time high of $1.1379 or if momentum starts to wane. A close below $0.9802 on the daily chart would be a reasonable stop-loss level.
Understanding Fibonacci Retracement Levels in Cryptocurrency Trading
Fibonacci retracement levels are powerful technical analysis tools that help identify potential support and resistance levels. Let's break down these levels using the Fantom 15-minute chart as our example.
Fibonacci Levels:
0.382 (38.2%) - The first major retracement levelLooking at the FTM chart, we can see this level at approximately $0.9632. This is often the first support level during an uptrend or first resistance during a downtrend. In the current chart, FTM has tested this level multiple times as resistance in its recent downward movement.0.5 (50%) - The midpoint retracementOn the FTM chart, this level sits at $0.9832. While not technically a Fibonacci number, traders widely use it as it represents a median retracement. We can observe price action respecting this level as both support and resistance during the recent consolidation phase.0.618 (61.8%) - The golden ratioThis is perhaps the most significant Fibonacci level, located at $1.0197 on the FTM chart. Notice how the price has consistently reacted to this level, especially during the recent upward movement where it served as resistance before the decline.0.65 (65%) - Additional confirmation levelLocated near $1.04 on the chart, this level often works in conjunction with the 0.618 level to create a resistance zone. In the FTM chart, we can see price rejection from this area multiple times.0.886 (88.6%) - Deep retracement levelSitting at approximately $1.1037 on the chart, this level typically represents the last line of defense before a complete trend reversal. It's particularly important during strong trend movements.
Drawing Direction Matters:
Bottom to Top (Uptrend):When drawing Fibonacci from a significant low to a high (like from $0.85 to $1.20 in the FTM chart), the levels act as potential support during pullbacks. For example, when FTM pulled back from its recent high, it found support near the 0.618 level ($1.0197).Top to Bottom (Downtrend):When drawing from a high to a low (like from $1.20 to $0.85), the levels become potential resistance points during recovery attempts. The chart shows FTM respecting these levels as resistance during its recent downward movement.
Practical Application:
For FTM traders, the current chart shows:
Major support around the 0.618 level ($1.0197)Price consolidation between the 0.5 ($0.9832) and 0.382 ($0.9632) levelsResistance forming near the 0.65 level ($1.04)
Trading Tips:
Use multiple timeframes to confirm levels (combine 15m with 1h and 4h charts)Look for price reaction at these levels (wicks, rejection candles)Consider volume at each level for confirmationDon't use Fibonacci levels in isolation - combine with other indicators like RSI (shown in the chart)Wait for candle closes above or below levels for confirmation
The FTM chart perfectly demonstrates how prices tend to respect these Fibonacci levels, making them valuable tools for both entry and exit points in your trading strategy.
Remember:
These levels work best in trending markets and should be used alongside other technical analysis tools for more reliable trading signals.
Predictions
FTM appears poised for a potential breakout. If $1.1022 is breached with conviction, we could see a run towards new all-time highs. However, if this level holds, FTM may retrace to find support around $1.00 or $0.9802. Monitor volume and the RSI carefully for confirmation of either scenario.
This analysis is not financial advice. Always conduct your own research and manage your risk appropriately. The market is constantly evolving, so stay informed and adapt your strategy as needed.