Ethereum has officially broken out of a falling wedge pattern. After nearly three months of descending consolidation, the price has finally broken above the wedge, reaching a key resistance zone.
Key Observations:
ETH broke out near the $1,600 level.
Currently trading around $1,748 (-2.65% daily change).
Price is testing the first resistance zone between $1,800 and $1,820.
Support now lies around the breakout area near $1,660.
Technical Outlook:
The breakout is valid, but a short-term pullback remains possible.
A daily close above $1,800 could open the door to the next major resistance near $2,200.
If $1,660 fails to hold as support, we may see a deeper correction.
Conclusion: Ethereum is showing early signs of a potential trend reversal. If Bitcoin remains stable, ETH could maintain its upward momentum. Keep a close eye on the $1,800 zone for confirmation of further upside.
In my ongoing analysis of BTC’s falling wedge breakout, we have now seen Target 1 ($90K) and Target 2 ($94K) being reached successfully.
Today’s chart shows BTC touched the $94,000+ zone before facing resistance rejection. Price is now trading around $92,562, showing a minor pullback of -1.20%.
Chart Update:
BTC rallied over 13.12% in 3 days from the breakout zone
Touched projected resistance and now pulling back
Currently sitting near the top of the previous breakout range
Current View: This could be a healthy retest of the breakout zone or a temporary pullback before continuation. As long as BTC stays above $89K–$90K, the bullish structure remains intact.
No changes in targets at this point — I’ll continue to monitor the move and update if structure shifts.
Mənim BTC analizi ilə bağlı davam edən seriyamda, düşən künc qırılmasından sonra, artıq Hədəf 1 ($90K) və Hədəf 2 ($94K) ya etiketlənib, ya da demək olar ki, vurulub.
Bugünkü tarixə görə, BTC $93,664 ətrafında ticarət edir, əvvəlki müqavimət səviyyəsinin indi dəstəyə çevrildiyini saxlayır. Bu, son konsolidasiya zonasından yalnız 2 gündə 12.9% qazancı ifadə edir - bu, yüksəliş momentumunu təsdiqləyən güclü bir hərəkətdir.
In my first post, I shared a falling wedge breakout on BTC’s daily chart.
In the second update, BTC had confirmed the breakout with strong price action, holding above the $84K–$86K zone. I had marked three potential targets based on the pattern and market structure:
Previous Targets:
✅ Target 1: $90,000 – HIT
✅ Target 2: $94,000 – Almost reached (currently hovering just below)
⏳ Target 3: $98,500 – $100,000 – Still active
As of now, BTC is trading at $90,802, up over 9% in the last 7 days. Price has cleared the previous resistance zone and is now holding above it — a very bullish sign.
What’s Next? Until the trend structure changes, I’m not updating targets yet. I’ll wait for confirmation before sharing the next move.
Önceki analizimde, BTC'nin düşen kama modelinden nasıl çıktığını vurguladım, bu klasik bir boğa sinyalidir. O zamandan beri, Bitcoin etkileyici bir güçle devam etti - şu anda yaklaşık $88,256 seviyesinde işlem görüyor, son 10 günde %5.27'den fazla arttı.
Grafik Özeti:
Düşen kama kırılması onaylandı
Kırılma seviyesi: ~$83,800
Mevcut günlük kapanış direncin üstünde güçlü bir şekilde tutuluyor
Momentum, alıcıların kontrolü sürdürmesiyle boğa yönünde devam ediyor
Bir sonraki Ana Hedefler (Kama Yüksekliği Projeksiyonuna Göre):
Hedef 1: $90,000 (psikolojik yuvarlak seviye)
Hedef 2: $94,000 (yerel arz bölgesi)
Hedef 3: $98,500–$100,000 (kama modelinden ölçülen hareket)
Göz önünde bulundurulması gereken Destek Seviyeleri:
$86,500 – Güçlü yeniden test bölgesi
$83,800 – Önceki kama direnci (şimdi ana destek)
Görüşüm: BTC, $86,500'ün üzerinde kaldığı sürece, boğalar kontrolü elinde tutuyor. Fiyat hareketi, güçlü bir devam aşamasına girebileceğimizi öne sürüyor. Hacim bu ralliyi desteklerse, önümüzdeki günlerde $94K+ görülebilir.
Düşüncelerinizi aşağıya bırakın - Yeni bir ATH'ye mi gidiyoruz yoksa ayılar mı devreye girecek?
Bitcoin (BTC) has officially broken the descending trendline on the daily timeframe, closing above $84,500 with strong bullish momentum.
Chart Breakdown:
BTC was in a clear downtrend since mid-February, forming lower highs.
Price has now broken above the trendl$BTC #ine resistance, indicating a possible trend reversal.
Daily candle closed at $84,596, up 1.00% for the day.
What to Watch Next:
$86,800 – Next resistance zone from previous rejection
$82,500 – Retest level if BTC pulls back
$88,000-$90,000 – Bullish continuation target zone
My View: As long as BTC holds above the breakout level ($83,500–$84,000), we could see a bullish continuation. However, a daily close back below the trendline may invalidate this move.
Are we entering the next bullish leg, or is this a fakeout? Let’s discuss in the comments.