Ethereum 20% Crash: Temporary Setback or a Buy Opportunity?Hello, Traders!
Ethereum experienced a significant drop, plunging over 20% in just one day and hitting its lowest point since last August.
ETH price found strong support at $2130 and I don’t expect further downfall beyond this level unless broader market conditions deteriorate.
One of the key technical developments was Ethereum breaking the crucial $2800 support zone, which is a bearish signal for the continuation of the uptrend.
However, a quick recovery above this level could reignite bullish momentum and bring buyers back into the market. W
atching how ETH reacts to this resistance will be crucial in the coming days.
The main catalyst for this sell-off was Trump’s decision to impose tariffs on Canada, Mexico, and China, which triggered a broader risk-off sentiment in global markets.
The crypto space, being highly sensitive to macroeconomic events, saw a sharp reaction, with Ethereum and other major altcoins suffering deep corrections.
Despite the current bearish outlook, there is one major reason why Ethereum is likely to recover quickly — the upcoming Pectra upgrade, set to take place next month.
Historically, ETH has seen strong rallies leading up to major network upgrades, and I expect a similar pattern to unfold this time.
If the market stabilizes and sentiment shifts, Ethereum could reclaim lost ground and resume its long-term bullish trajectory.
For now, the key levels to watch are $2130 as support and $2800 as resistance.
A break above $2800 could signal a strong reversal, while failure to hold $2130 might open the door for deeper corrections
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Crypto
Bitcoin drops. What's next?Hello, Traders!
Bitcoin price continues to fall towards the next big support area at 74k-70k.
Currently, there is no sign of BTC reversal, and it seems that this correction phase will last long.
Ideally, the faster BTC finds its local bottom, the faster it starts to rise again.
However, the current market conditions suggest that a period of consolidation might be necessary before a meaningful recovery.
I doubt that the BTC price will fall below 70k despite all the negative sentiment surrounding it at the moment.
More likely, we will see strong buying pressure at those levels, as institutional investors and long-term holders step in to accumulate at what they perceive as a discount.
Also, the stochastic RSI on a weekly scale has dropped to 0, which historically indicates that momentum is oversold and a potential reversal could be near.
If we see a bullish cross on the SRSI on a weekly timeframe, this might act as a catalyst for a price rebound, possibly pushing BTC toward new highs.
Another indication of a possible bottom is the Fear & Greed Index, which currently sits at around 20.
This level reflects extreme fear in the market, a condition that has often preceded local bottoms in previous cycles.
Historically, such extreme fear tends to trigger a shift in sentiment, leading to increased demand and a subsequent price recovery.
Furthermore, on-chain metrics suggest that long-term holders remain unfazed by the recent downturn, with exchange reserves continuing to decline. This indicates that a significant portion of BTC supply is being moved to cold storage, reducing selling pressure.
Additionally, open interest in the futures market has seen a decline, which could mean that excessive leverage is being flushed out—a necessary step for a healthier market structure.
If BTC manages to hold the 70k support level and confirms a reversal with increasing volume, we could see a strong recovery phase unfold.
However, if the price breaks below this key support, the next significant area to watch would be around 65k, where additional buying interest might emerge.
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Will #SHIB Continue Pumping or a Bull Trap is Waiting for Bulls?Yello, Paradisers! Will #SHIBUSDT continue flying, or are we about to witness a brutal rejection straight into the demand abyss? Let’s break it down.
💎#SHIB has recently broken out of a Descending Broadening Wedge Formation on the 4H chart, a pattern that historically signals potential bullish reversals. This breakout was strong, but the price has now hit a critical Supply Zone between 0.00001530 – 0.00001650, and has already shown signs of rejection from this area.
💎The structure shows #SHIBUSD facing Strong Resistance just below 0.00001711—a level that acts as Bearish Setup Invalidation. If the price closes decisively above this zone, bears will lose control, and we could see a sharp squeeze up toward 0.00001900.
💎However, the more probable scenario for now is a retest and rejection from the supply zone, followed by a deeper pullback. Based on volume profile and historical price behavior, the Support Zone around 0.00001181 is a key level to watch for a possible bounce. If this level is lost, SHIB could fall to sweep the swing low (SH) at 0.00001081 to complete a liquidity grab before resuming any bullish trend.
💎RSI is currently near overbought territory, suggesting SHIB may be due for a short-term correction or consolidation. This lines up with the visual expectation of a potential ABC correction back into support, where Wave A has started and Wave B might complete soon.
Patience and precision are key in these conditions wait for strong confirmation before making your moves.
MyCryptoParadise
iFeel the success🌴
Solana’s Critical Support at $120 - Will It Hold or Break?Solana has been respecting its $120 support level for over a year, consistently bouncing back every time it tested this zone. However, the price is now once again hovering around this crucial level after a small bounce a couple of weeks ago. The key question remains: will Solana hold this support and rally again, or is a major breakdown coming?
Weakening Support: A Bearish Signal?
When a price level is tested repeatedly, it often weakens as buyers at that level get exhausted. The most recent bounce from $120 was notably weak, indicating that buying pressure might be fading. This could be an early warning sign that sellers are gaining control, increasing the probability of a breakdown.
The $75 Scenario: What If Support Fails?
If Solana fails to hold $120, the next major support level sits around $75—a price zone where significant demand previously emerged. A breakdown could trigger a sharp move lower as stop-losses get triggered and bearish momentum accelerates.
Key Factors to Watch:
• Volume & Strength of the Current Test – Is buying volume picking up, or are sellers in control?
• Market Sentiment & Macro Trends – Broader crypto market trends, Bitcoin’s movement, and macroeconomic factors could influence Solana’s direction.
• False Breakouts & Traps – Sometimes, a brief break below support is a shakeout before a strong reversal. A reclaim of $120 after a breakdown could signal a bullish trap for shorts.
Final Thoughts
While $120 has been a strong floor for Solana, repeated tests make it more fragile. If buyers fail to step in with conviction, a drop toward $75 becomes a real possibility. However, if bulls defend this level strongly, we could see another bounce, potentially setting up a reversal.
Thanks for your support.
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Is This the Final Drop Before a Major Reversal? Read This NOW! Yello, Paradisers! Are we about to witness the final leg of this move, or is one last shakeout coming before a massive reversal? Let’s break it all down using Elliott Wave principles.
💎Wave 1 initiated the downtrend, marking a strong sell-off from higher price levels. Volume surged during this phase, signaling institutional selling and overall market panic. This aggressive downward move set the foundation for the corrective Wave 2.
💎Wave 2 began as the price rebounded after hitting the local low at $1.406. This move aligns with a typical Elliott Wave correction, often retracing 50%–61.8% of Wave 1. The recovery phase pushed the price back up, potentially reaching as high as $1.964 before the next major move.
💎Wave 3, the strongest and longest in the sequence, started once the price failed to sustain above $1.964. This move could extend all the way down to $0.809, a critical level where selling pressure is expected to peak. Historically, volume is highest during Wave 3, indicating aggressive selling and potential accumulation zones forming.
💎Wave 4 might be unfolding right now, forming a short-term recovery. If the price retraces toward $1.392 but fails to break above it, the bearish wave count remains intact. It’s crucial to note that Wave 4 must NOT enter the price range of Wave 2—if it does, the entire Elliott Wave structure is invalidated, suggesting an alternative pattern like an ending diagonal or a larger correction.
💎Wave 5 is the final impulse wave. If Wave 4 faces rejection below $1.392 and consolidates, the market could see the beginning of Wave 5, pushing price toward the $0.746 support zone. This phase typically marks the last exhaustion move before a potential market reversal or a shift in structure.
Patience and strategy win the game, Paradisers! The market is designed to shake out weak hands before the real move happens.
MyCryptoParadise
iFeel the success🌴
ARBUSDT: What Happens Next Could Shock ManyYello, Paradisers! Are you watching this key level hold by a thread? The market is giving us signals, but most traders are too distracted to see them. If you're not careful here, you’ll be on the wrong side of the next big move.
💎ARBUSDT is currently trading below both the 50 EMA and the 200 EMA, confirming a strong bearish bias in the market. The trend remains in a clear markdown phase, with price action continuing to respect the descending channel, and no clear signs of bullish reversal just yet.
💎We’re approaching a moderate resistance level around $0.32 has already shown signs of weakness if price fails again at this area, it will likely confirm that sellers are still dominating, increasing the probability of a renewed leg down.
💎If the market rejects at current levels, the first key support to watch is around $0.2847, which could be hit quickly. However, the real danger lies below. A breakdown beneath the $0.2847 zone would expose the market to significant downside pressure, opening the path for a much deeper correction.
💎With ARB trading below the 200 EMA, we must remain cautious. The trend remains bearish, and any short term rally into resistance is more likely to present a shorting opportunity than a bullish breakout.
💎Still, if the market manages to close decisively above the $0.35 mark, it could shift the structure and momentum, targeting $0.37 and higher in the short term. Until then, the bias remains with the bears.
Stay focused, Paradisers. Be the hunter, not the hunted.
MyCryptoParadise
iFeel the success🌴
SUSHI is Bleeding Out — Is This the Calm Before the Final Dump? Yello, Paradisers! Have you been ignoring SUSHI lately? That might be a mistake — because the price action is showing signs that a deeper drop could be just around the corner, and those not paying attention could get caught off guard. Let’s break it down.
💎#SUSHIUSDT is still trading below both the 50 EMA and the 200 EMA, a clear confirmation that the broader market structure remains decisively bearish. The 50 EMA continues to act as dynamic resistance, repeatedly rejecting price during short-lived pullbacks, while the 200 EMA sits significantly higher, further emphasizing the strength of the existing downtrend.
💎Adding to the bearish pressure, there’s a strong supply zone between $0.620 and $0.640. This zone has capped every bullish attempt, confirming heavy distribution at these levels. Until this zone is broken with volume and conviction, upside potential remains extremely limited.
💎One key level to watch in the short-term is the 50% Fibonacci retracement at $0.586, which has turned into a reliable interim rejection level. We expect the price to tap this level again before any meaningful downside continuation is likely to unfold.
💎As long as price fails to close above the $0.568 level, the structure will remain under pressure. A breakdown below the moderate support at $0.522 would likely trigger a move into the $0.485–$0.451 major support zone, where we could see more aggressive buyers or a potential reversal setup.
💎The only scenario that would invalidate this bearish outlook is a clean breakout and sustained close above $0.640, which would reclaim the supply zone and force shorts to cover. Until then, the path of least resistance remains to the downside.
Stay focused, Paradisers. Be the hunter, not the hunted.
MyCryptoParadise
iFeel the success🌴
ETHEREUM SHORT TO $786! (UPDATE)ETH dumping really hard! The Crypto market overall is very bearish right now, but ETH specifically I’ve been calling it since 2024.
$786 still remains our Wave C target of my ‘Elliott Wave Theory’ strategy. Let’s see if we still a straight dump towards $786, or do we see some sort of slow down in bearish momentum.
BTCUSDT – Short Setup Brewing at FVG with IFVG ConfirmationMarket Context:
Bitcoin (BTC) continues its retracement phase following a sharp decline, now approaching a high-probability reaction zone. Price is climbing back toward a previously identified Fair Value Gap (FVG), positioned within the premium Fibonacci retracement levels, suggesting a potential area for distribution and bearish continuation.
Technical Breakdown:
- Price bounced off a well-defined support zone, beginning a recovery toward the 0.618–0.65 Fibonacci zone, where the FVG exists.
- An additional Inverse Fair Value Gap (IFVG) has now formed just beneath the FVG zone, creating a dual-layer of imbalance—offering even more potential confluence for a reversal.
- A short position idea is highlighted with a trigger condition: **“If the gap inverses, possible short entry”**—meaning traders are looking for the IFVG to act as resistance following the FVG reaction.
Price Behavior & Trade Setup:
The green path illustrates the anticipated move higher into the FVG zone, likely grabbing liquidity above recent highs. Should price tap this supply zone and then reject into the IFVG, it would present an ideal scenario for a short entry confirmation.
Key Considerations:
- The presence of both FVG and IFVG increases the likelihood of strong resistance forming in this region.
- Rejection at this level would imply smart money distribution, and a renewed bearish leg could develop.
- Patience is key here—entry should only be considered if the IFVG confirms its role as resistance following the sweep into FVG.
Conclusion:
BTC is in a critical retracement phase, and the overlapping FVG and IFVG zones mark a high-confluence area to watch. If price shows weakness after filling the gap, it sets up a clean short opportunity targeting a return to lower support levels. Until that bearish confirmation appears, bulls still have short-term control, but risk is growing as price approaches imbalance zones.
Elliott Wave Analysis on $SOLUSDT – ElliotWave count🟢 Current Wave Structure
The chart shows a complex corrective structure that fits well within the Elliott Wave principle:
We are currently in a larger ABC correction, with the green-labeled wave (C) likely approaching completion.
The most recent move down in green (C) may have marked the end of a broader corrective cycle.
The current movement looks like a short-term ABC correction in red – typical for a corrective bounce after a strong sell-off.
🟥 Short-Term Movement (Red Wave A-B-C)
Within the lower timeframe, we can see a corrective recovery forming a red A-B-C structure:
Wave A (red) has already completed,
Wave B (red) is currently forming (sideways or slightly lower),
Wave C (red) could result in a final push upwards towards the green descending trendline – targeting around 138–142 USDT – unfolding as an internal orange A-B-C.
🟩 Key Trendline (Green)
The green descending trendline has been respected multiple times and acts as strong technical resistance.
⚠️ Scenario: A rejection from this level is highly likely and would mark the end of the current relief rally – completing the larger green wave (B).
🟧 Short Entry Zone
The orange Fibonacci zone around 142 USDT marks an ideal short setup area.
This level is confluence of Fibonacci extensions and previous resistance.
⚪ What’s Next?
After the orange wave C finishes (completing green wave (B)), I expect an impulsive move to the downside – likely unfolding as a classic 1-2-3-4-5 wave within the green wave (C).
Target zones:
First zone: ~108 USDT (highlighted by green/yellow/red Fibonacci extension),
Final bear target: Possible deep wick below due to the high volatility and liquidity in that zone.
✅ Key Support Zone (Green / Yellow / Red)
Around 108 USDT, we find a strong confluence support – labeled as End of Bears.
This zone may act as a potential reversal point, possibly kicking off a new bullish cycle with long-term targets reaching 200+ USDT.
OTHERS Weekly – Testing Critical Support 200MA
The altcoin market is in a fragile state. On the weekly, OTHERS is about to close below the 200 MA—a key structural level. Meanwhile, the system remains fully bearish:
- LR < SMA < BB center
- PSAR above price
- No setup, no trade
This is where discipline saves capital. It’s easy to feel urgency when the chart looks rough, but reacting emotionally only leads to losses. Even now, I remind myself: structure first, sentiment second. When rules align, I’ll act. Until then, I protect capital, not pride.
Most of trading is waiting. The rest is having the mindset to know why.
BTC 4H – Weak Bulls, Range Breakdown Ahead?Trading gets much easier when you understand the strength and weakness of trends and the market cycle. Right now, BTC is showing us clear signs of bull exhaustion.
🔍 Technical Breakdown:
Price has been trapped between FWB:88K resistance and GETTEX:82K support, forming a visible trading range.
Recently, BTC failed to even reach the middle zone of the range, which reflects weak buying momentum.
With multiple rejections and bearish pressure building, the GETTEX:82K support is likely to be broken soon.
🧭 Next Target: If the breakdown occurs, expect price to fall below $80K, targeting the liquidation zones highlighted on the chart.
💡 The structure is shifting bearish—prepare accordingly.
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BRIEFING Week #14 : What a Mess !Here's your weekly update ! Brought to you each weekend with years of track-record history..
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BTCUSD - Messy range, upside more probableBitcoin continues to navigate a messy consolidation range between $80,000 and $89,000, with the current price hovering around $84,002. This choppy price action reflects market indecision following the significant decline from the $100,000 area in late January. Despite the lack of clear direction in the short term, the higher probability move appears to be to the upside, with potential targets near the orange resistance level at $88,786. Supporting this bullish bias is the strong bounce from the March lows around $76,500 (highlighted by the blue support zone), suggesting buyers remain active at lower levels. The recent series of higher lows also indicates strengthening bullish momentum within the range. Traders should watch for a decisive break above the current congestion area, which could accelerate the move toward the upper resistance and potentially open the path for a retest of the psychological $90,000 level.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
ICPUSDT READY TO FLY AGAIN ?? ICPUSDT is currently forming a classic falling wedge pattern on the chart, which is widely recognized as a bullish reversal signal. The price has been compressing within this narrowing range and is now approaching a key point where a breakout is highly likely. With strong support being respected and buyers gradually stepping in, the setup is aligning well for a potential upside move.
Volume levels have been steadily increasing, confirming growing investor interest in Internet Computer (ICP). This increasing participation from traders and investors alike can often serve as a reliable indicator that a breakout may occur soon. Technical indicators such as RSI and MACD are also hinting at a momentum shift that aligns with a bullish scenario.
Given the strength of this chart formation and the positive volume dynamics, ICPUSDT could potentially see a price gain in the range of 90% to 100%+ from current levels. The risk-to-reward ratio is favorable, especially for those who are entering early before the breakout confirms with stronger candles above resistance. A retest of the wedge breakout, if it happens, could also provide a second opportunity to enter.
ICP is also gaining traction among long-term investors due to its unique blockchain technology aimed at decentralizing the internet. The ongoing development and community support around the project adds more fundamental strength to this setup. Keep an eye on it for confirmation of the breakout!
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XRP Weekly-Monthly Analysis / Retracement Levels for BuyTHEN - NOW@ XRP Weekly-Monthly Analysis / Retracement Levels for Buy (...and we keep going)
Weekly - Monthly trend: Bearish
Chart Pattern: Head & Shoulders (H&S) - Bearish Continuation Pattern
Bearish Candlesticks signals:
HANGING MAN (Bearish, Single Candlestick pattern) / Weekly Timeframe / 09 DEC 2024
BEARISH ENGULFING (Bearish, Double Candlestick pattern)/ weekly Timeframe / 27 JAN 2025
TWEEZER TOP (Bearish, Double Candlestick pattern) / 1 Day timeframe / 20 FEB 2025
FALLING THREE METHODS (Bearish, five-fold Candlestick pattern) / 1 Day timeframe / 07 MAR 2025
BEARISH ENGULFING (Bearish, Double Candlestick pattern)/ weekly Timeframe / 24 MARCH 2025
Retracement Fib Price Levels:
0.00% (3.4000)
23.60% (2.6879)
38.20% (2.2474)
50.00% (1.8914)
61.80% (1.5353)
78.60% (1.0284)
100.00% (0.3827)
Good prices for buy (the lower the better):
61.80% (1.5353) – Golden Zone / Golden Pocket
78.60% (1.0284) – Entry Zone
Between 78.60% (1.0284) and 100.00% (0.3827) is the Risk Zone, which we have the Neckline of the ‘’ Quadruple Bottom Pattern ‘’ at the price range ‘’ 0.6291 – 0.7850 ‘’