$ETH $ETH ETH has struggled to maintain a position above the $3450 resistance level and was rejected at that point. The price is currently testing the support area again. You may consider opening a long position at this support level.
Many people were assuming that institutionals might have changed the classic 4-year cycle that we all get used to in crypto.
However, times proves this guess was completely wrong. At the end of the current cycle Bitcoin is breaking crucial supports one by one and entering a bear market. The same happened back in the end of 2021.
At the moment $BTC is forming an ascending channel with the top near $100,000 - $104,000, you can see a clear Right Shoulder of H&S in this move.
📉 Something similar happened in the beginning of 2022. A long and heavy dump appeared afterwards, we await one now as well. The bottom should be around previous accumulation zone (above $55,000, mainly above $60,000).
ONDO has reached a key support area and is holding this level. We are still waiting for a breakout above the downtrend line for new entries. A break above $0.50 will lead to a positive move in the market.
Buying some $PUMP here! Added some to my Pump holdings, expect one to pump soon!
The price is currently compressing the resistance of the Falling Wedge, must breakout soon.
Moreover, it is consolidating above the $0.0027 support for quite a long time - strong level. Overall, trenches are waking up, the on-chain market is heating — good for $PUMP . $PUMP
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