$ETH may be quietly building a setup that could send it back toward $3.5K.
Ethereum is forming an inverse head and shoulders, with the right shoulder developing around $2.4K–$2.6K.
The key level is the $2.6K–$2.7K neckline.
A daily close above it would confirm the pattern and put $3.4K–$3.6K in focus.
Until then, I’m not front-running it. Let the shoulder form and wait for confirmation. $ETH may be quietly building a setup that could send it back toward $3.5K.
Ethereum is forming an inverse head and shoulders, with the right shoulder developing around $2.4K–$2.6K.
The key level is the $2.6K–$2.7K neckline.
A daily close above it would confirm the pattern and put $3.4K–$3.6K in focus.
Until then, I’m not front-running it. Let the shoulder form and wait for confirmation.
Price has made a lower high, while RSI has made a higher high. That’s a bearish divergence, showing stronger momentum underneath a weaker price structure.
If $BTC loses $74K–$75K, the pullback could extend toward $61K.
A strong daily close above $86K would invalidate the setup.
The divergence is the warning. Price action confirms it.
🚨 Bitcoin is getting squeezed near $78K. BTC is compressing inside a tight symmetrical triangle, with price now testing the apex. The breakout from here could set the tone for the next short-term move.
🚨 Bitcoin is approaching a critical decision point. The 4H structure is shaping up as a Bearish ABCD pattern, with the final leg reaching the $82K resistance area. A rejection here could send $BTC back toward the $74K key support. 📉 This level could decide the next major move.
🚨 Solana is back at the same resistance. The last two times RSI reached this level, $SOL SOL dropped nearly 40% afterward. Now RSI is back above 83... I’m watching this one closely. 👀