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Two Daily Gaps attract market for pullbackAlthough S&P500 is within uptrend, recent days has left two clearly visible gaps behind. That means that it is highly possible that SPX will come back to cover those gaps in the near future, before it continue uptrend (if it will). Same picture at NDX chart with two 4H gaps. I take this idea to apply to all markets including crypto. While chances to resume higher timeframe uptrend are valid for Bitcoin, Stock Indices will most probably influence it's short term price action.
TVC:SPX
by WiseAnalyze
US Tariffs Drive Bitcoin & Crypto Markets DownwardsUsually, the problem with politicians is that they do not do what they were elected for. But every so often, a politician comes along who does what he (or she) says which can cause even greater problems. In the last newsletter we wrote: 'The impact of possible Trump tariffs on the economy and trading partners such as China, Mexico and the EU is a great unknown that spooks markets. In a worst case scenario, tariffs could hurt partner exports which would result in an overall economic backlash for everyone.' An estimated $10+ billion of liquidations in crypto markets as well as a major equities selloff later, this has now played out. First things first though, lets take a step back. The first sign that not all is great in this bull market was the the DeepSeek panic on January 27th. DeepSeek, the Chinese AI company, released AI models that were trained using significantly less costly hardware than Western equivalents. Nvidia and other tech stocks led the sell-off. Cryptos, altcoins in particular, followed suit. Those AI crypto agent coins were probably not the future of AI technology after all. The real bloodbath followed on Saturday February 1st. In a sweeping announcement, US President Trump imposed 25% tariffs on goods imported from Mexico and Canada. President Trump also imposed an additional 10% tax on imports from China and promised incoming tariffs on EU imports. Without going to deep into any economic analysis or game-theory interpretation of this move, markets did take the news badly. With equities not trading over the weekend, it was Crypto that took the brunt of the initial hit. Ethereum dropped from $3,3000 to briefly touch $2,000. Crypto total market cap dropped by around 10%. While comparisons to the COVID crash are still far off, the blood in the streets is real. The USD notional amount of liquidations in crypto is higher than at any point, including during the FTX crash. Maybe mortgaging the house to go max-long Fartcoin was not a long-term investment strategy after all. Only one asset has weathered the storm comparatively well: Bitcoin. Whilst BTC dropped below $100k, it did not dip much lower. But the average crypto trader today, chasing the 10-100x, is heavily underexposed to Bitcoin. The sentiment, already at a low point previously, has hit Bear market despair levels. The signs though were there for weeks. Ever faster capital rotations between 'market Metas' and ever wilder memecoin launches are usually a solid indicator of overexcitement. Right now it is hard to feel much positivity. If one wished to look for it though, we still have not seen an ETH all-time-high this cycle. Solana has just barely crossed its previous ATH. A strongly pro-crypto US administration has barely had a full month in office. Trade wars, and even physical wars, eventually end. And as always, if the economy tanks in reaction to tariffs, Central Banks are more likely to flood markets with liquidity. These are not great things to have to hope for but it seems more likely than not that this episode will turn out to be a bull market flush, not the beginning of a bear market.
by Coinrule
TAO DAILY For me there are two possible entries for TAO caused by the trade war situation in the US, so this is my take on the chart: - Wicks get filled as a rule of thumb, so this capitulation wick that has reset all the progress made in Q4 2024. My preferred entry would be a sweep and reclaim of the wick as this coincides with range low and a bullish orderblock, an area of extreme support on the high timeframe. - Another entry would be the breakout of the diagonal downtrend resistance, if this could coincide with the reclaim of the 0.25 line in the range that would add further confluence and a better R:R IMO. For both entries the Midpoint would be a key S/R level and would be very high resistance.
by ProR35
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 Please don’t forget to boost this idea and leave your comments below.
by Real_CryptoRoy
7
ETH/USDT : Get Ready for the next Bullish Move! (READ)By analyzing the weekly (logarithmic) chart of Ethereum, we can see that the price experienced a sharp crash last night, dropping to $2100. After reaching this key demand zone, Ethereum rebounded and is currently trading around $2600. As long as the $2200 support holds, we can expect further bullish momentum. The mid-term targets for Ethereum are $3900, $4600, $5700, and $7400. 🚀 Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
2
XRP, Bloodbath is ComingBINANCE:XRPUSDT / 1D Hello Traders, welcome back to another market breakdown. BINANCE:XRPUSDT is showing strong bearish momentum after BINANCE:BTCUSD and BINANCE:ETHUSD broken bellow resistance. However, the price is oversold for now. Hence, instead of jumping in at current levels, I recommend waiting for a pullback into the high of the range zone for a more strategic entry. If the pullback holds and sell off confirms, the next leg higher could target: First Resistance: Immediate levels formed during prior consolidation. Stay disciplined, wait for the market to come to you, and trade with confidence! Trade safely, Trader Leo.
Short
by BTM-LEO
5
BITCOIN BEARISH PROJECTION#Bitcoin is showing potential for downside momentum if the price confirms a breakout below key support. A confirmed breakdown could lead to a retracement toward the 200 EMA, aligning with a possible 38% Fibonacci correction. The double top formation has intensified bearish sentiment, pushing the price below $95K. Additionally, fair value gaps on the left indicate that if selling pressure increases, the price could dip below $80K. The trendline drawn on the daily timeframe is also acting as a crucial support level to watch. The market has been struggling, with panic setting in due to recent developments. This aligns with escalating trade tensions, driven by Donald Trump’s decisive actions regarding Canada and BRICS. Key events contributing to market uncertainty include the latest tariffs imposed on Canadian goods, potential restrictions on trade with BRICS nations, and heightened geopolitical friction. These factors have intensified volatility, prompting investors to reassess risks in the global economy.
Short
by traderchamp_
Reg Optimism, Implicit Fed Support, & Insti Demand to Boost BTCBitcoin prices surged on President Trump’s inauguration day (Jan 20), reaching an all-time high of USD 109,000. However, since then, prices have stagnated. Recent tariff announcement has driven a sharp selloff. Optimism about a crypto-friendly Trump administration continue to fuel bullish sentiment, but the lack of concrete regulatory guidance has limited near-term momentum. MACRO FACTORS AT PLAY BTC remains below key resistance levels, limiting upward momentum. However, it has outperformed equities in the current macroeconomic environment. While equities faced an AI-driven selloff last week, BTC showed resilience, rebounding quickly from its Jan 24 lows. Additionally, BTC has benefited from market uncertainty, like gold, which is also trading near an all-time high. The recent FOMC meeting initially pressured BTC, as the Fed held rates steady and expressed inflation concerns. However, BTC rebounded 2.4% after Fed Chair Powell clarified that changes in inflation-related language were not intended as a strong signal. Source: CME FedWatch The Federal Reserve’s latest dot plot suggests only two rate cuts in 2025. Market expectations, per the CME FedWatch tool, align with this outlook. While a higher-rate environment limits tailwinds for BTC, bullish sentiment continues, driven by regulatory anticipation and increasing institutional and sovereign adoption. BREAKING DOWN TRUMP’S EXECUTIVE ORDER On Jan 23, President Trump issued an executive order titled "Strengthening American Leadership in Digital Financial Technology." The order emphasizes fostering digital asset growth while maintaining U.S. financial sovereignty, particularly through USD-backed stablecoins. It also protects citizens’ rights to use blockchain networks without government interference. Key provisions include: 1. Creation of a National Economic Council working group on digital assets, chaired by David Sacks. 2. Review of existing regulations within 30–60 days, followed by a report to the President in 180 days. 3. Consideration of a national digital asset reserve while explicitly prohibiting government action on (Central Bank Digital Currency) CBDCs. U.S. BITCOIN RESERVE: REALITY CHECK While the executive order affirms the administration’s pro-crypto stance, it stops short of immediately establishing a national Bitcoin reserve. If approved, the reserve would take shape in at least six months, delaying any near-term impact. The working group may begin by utilizing seized cryptocurrency rather than purchasing new BTC. The U.S. government currently holds 198,000 BTC (~USD 20B, as of Feb 1) and USD 400M in other crypto assets. For context, U.S. strategic reserves include: (a) Gold: 8,133 tonnes (~USD 737B as of 31/Jan), (b) Crude oil: 395M barrels (~USD 28B, as of 24/Jan), and (c) Foreign currency reserves: ~USD 239B (Q3 2024). The U.S. gold reserve accounts for 3.8% of the total above-ground gold stock, while its Bitcoin holdings currently represent just 1% of the total supply. To match the gold reserve proportion, U.S. Bitcoin holdings would need to increase by 554,000 BTC, valued at approximately USD 55 billion at current prices. Over time, a Bitcoin reserve could realistically expand by USD 50 billion to USD 70 billion. Meanwhile, several U.S. states are advancing their own Bitcoin reserve proposals. 15 states are considering BTC-related fiscal policies, with: • Oklahoma, New Hampshire, Pennsylvania proposing 10% public fund allocations • Texas suggesting a donation/tax model • Arizona and Utah advancing legislation beyond committee stages REGULATORY CERTAINTY FOR BANKS Fed Chair Powell recently confirmed that banks can engage with crypto provided they manage associated risks. While this imposes stricter compliance requirements, it provides much-needed clarity following the post-FTX banking shakeout that shuttered major crypto-focussed banks. Fund Flows: Institutional Demand Remains Strong BTC ETFs saw record one-day inflows of over USD 1B on Trump’s inauguration eve. Since then, daily inflows have averaged USD 257M, with only one outflow day (-USD 457M on Jan 27). Cumulative BTC ETF inflows since Jan 20 now total USD 2.3B, pushing assets under management (AUM) to nearly USD 118B. Source: Arkham Intelligence Notably, ETF investors remain highly profitable at current prices. Arkham Intelligence data shows IBIT ETF holders sitting on a 45% gain, which may limit immediate selling but could lead to some profit-taking. MicroStrategy remains a major BTC buyer. The company recently completed a USD 584M perpetual convertible offering to acquire more BTC, potentially fuelling short-term upside. TECHNICAL ANALYSIS & TRADE SETUP BTC’s recent pullbacks have ranged from 10.1% to 23.6% Fibonacci levels, like the 2018 bull cycle according to Glassnode . Source: Glassnode The drawdown since reaching ATH on 20/Jan represents a ~13% move which suggests the drawdown is larger than usual ones during this cycle. Historically, this phase of the bull run experiences FOMO-driven price acceleration, though long-term holders’ profit-taking presents a headwind. BTC fell below the 50-day MA over the weekend, this level has served as support recently. The 92k level is also significant as it has provided support several times during recent retracements. However, in case the selloff deepens, the next significant support may be as far as the 100-day MA at 85k. HYPOTHETICAL TRADE SETUP BTC has outperformed equities amid macro uncertainty and is increasingly correlated with gold (30-day correlation: 0.67). Recent tariff announcement in the US has driven a sharp selloff. Despite a less-than-ideal FOMC outcome, BTC retains several bullish drivers, supported by Regulatory optimism following Trump’s executive order, Fed Chair Powell’s statements on crypto banking, and Institutional & sovereign demand. The recent selloff offers a tactical opportunity to build long positions during volatile drawdowns. Investors can opt for the following hypothetical trade setup consisting of long position in CME Micro Bitcoin Futures expiring on 28/Feb (MBTG2025). Each contract of MBT provides exposure to 0.1 BTC and requires margin of USD 2,451 as of 31/Jan. • Entry: 94,000 • Target: 100,585 • Stop Loss: 90,000 • Profit at Target: USD 659 ((100,585-94,000) x 0.1 BTC per contract) • Loss at Stop: USD 400 ((90,000-94,000) x 0.1 BTC per contract) • Reward-to-risk Ratio: 1.65x CME Group lists a raft of products covering a range of asset classes more accessible while also enabling granular hedging for portfolio managers. Portfolio managers can learn more on how to access these micro products by visiting CME Micro Products page on CME portal to discover micro-sized contracts to gain macro exposures. TradingView has launched The Leap trading competition starting today. New and upcoming traders can hone and refine their trading skills, test their trading strategies, and feel the thrill of futures trading with a vibrant global community through this paper trading competition sponsored by CME Group using virtual money and real time prices. Click here to learn more. MARKET DATA CME Real-time Market Data helps identify trading set-ups and express market views better. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme . DISCLAIMER This case study is for educational purposes only and does not constitute investment recommendations or advice. Nor are they used to promote any specific products, or services. Trading or investment ideas cited here are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management or trading under the market scenarios being discussed. Please read the FULL DISCLAIMER the link to which is provided in our profile description.
CME:MBT1!Long
by mintdotfinance
4
AT CryptoScan: BTCUSD downside target is...As highlighted previously, there were issues with the recent BTCUSD Bitcoin rally... and so it is very clear now that there is a TOP resistance to breakout eventually. This is marked out by the green box at about 107K. Furthermore, breaking back into the purple box also suggests a breakdown out of the lower end... to which just about happened. The thing is, this is only a beginning and there should be about 5 to 8 days more of overall sliding down. Notice that the candlesticks of late are getting longer and longer? This is indicative of momentum and as it falls over the cliff, it would continue until it stops. Meanwhile, it just is about to break the SuperTrend support. So expect more downside... I marked out the immediate TDST at 89,164, expecting that over the next 5 days shou;ld breakdown below that level. The next TDST is at 69,284... and I think this is a little too far down. Looking for two bounce areas at 88K and 75K for reaccumulation, some time in mid- to end- February. That's the plan.
BITSTAMP:BTCUSDShort
by Auguraltrader
BTC - 4H Key Support Zone & Potential ReversalBINANCE:BTCUSDT is currently at the bottom of a descending channel on the 4H timeframe, aligning with a key support level. Given the broader bullish trend on higher timeframes, this zone could provide a strong foundation for a rebound. 📊 Key Observations: Descending Channel Support: Price is testing the lower boundary of the channel, historically acting as a reversal point. Bullish Higher Timeframe Context: Despite the short-term downtrend, the macro trend remains bullish, increasing the probability of an upside reaction. Potential Targets: If support holds, the first target would be the mid-channel zone (~$100K), followed by a move toward the upper boundary around $104K-$106K. 💡 Trading Plan: 1️⃣ Watch for bullish confirmation signals like a bounce with strong volume or bullish divergences. 2️⃣ If support fails, BTC could dip further before a stronger reaction—stay alert! 3️⃣ Higher timeframe traders may see this as a buy-the-dip opportunity in an overall bullish market. 🚀 The next move could be massive! Follow for real-time updates and expert analysis! 🔔
Long
by Sober_Trading
Updated Wave 5 Count XRPHello There, From the price action today, I have updated the count with an ED or Ending Diagonal. Also I updated Wave 4 and I don't think it was a triangle, but a sideways combo. It is still possible for it to be a triangle, but would have to do a deep dive to confirm that count. Today on how low we went in the 4th of the Larger degree 5th, we broke wave 1 on varies exchanges and therefore, must go with the higher probable count of a ED. The Final targets can vary, but I laid out two ranges for $3.8 - $4.4 ish. we will have to see how this ABC or structure forms. After hitting this targets, I do expect an correction in the $1.5 - $2 ish range, before possibly going for the $8 - $12 range.. this correction will probably takes months, so I would recommend to take as much profit as possible this final move to the $4ish range. Thank you, God Bless and Trade on
BITSTAMP:XRPUSDLong
by schu3269
2
Is XRP Still A Good Idea To PurchaseWith this recent drop in XRP, I have been asked multiple times if I am still bullish on XRP and my comment still is YES!!!! Why Now is the Perfect Time to Invest in XRP I remain steadfast in my position: now is an even better time to buy and hold XRP. The reasons are compelling and numerous, reflecting the immense growth potential and strategic positioning of XRP as a global financial network. Pilot Programs and Strategic Partnerships The XRP Ledger (XRPL) is at the forefront of numerous pilot programs, demonstrating its utility and potential. Major financial institutions and corporations, including BlackRock, are exploring the integration of XRPL into their operations. Additionally, six upcoming ETFs and an XRP Futures market set to launch in 2025 highlight the growing interest and confidence in XRP's future. Global Integration and Regulatory Developments The Bank of Japan has announced that all Japanese banks will be connected to XRPL by 2025, marking a significant milestone in XRP's global adoption. Furthermore, the ongoing SEC lawsuit is expected to be resolved by April, potentially removing a significant barrier to XRP's growth. The pro-crypto stance of the Trump administration adds another layer of optimism for the future of XRP. A Proven Track Record and Future Potential Reflecting on my past investment in Bitcoin, where I purchased 9,099 BTC at $0.11 and sold them at $0.54, I realize the potential missed opportunity. Today, that investment would be worth $1.1 billion. Unlike Bitcoin, which had limited utility at the time, XRP is designed to move trillions of dollars globally on a daily basis, showcasing its practical applications and value. Innovative Financial Solutions Ripple Labs is actively working on a FOREX alternative with their stablecoins, including RLUSD, RLJPY, RLEUR, and RLGBP. These innovations further solidify XRP's position as a versatile and valuable asset in the financial ecosystem. Recognition and Influence The presence of Ripple Labs executives at the Presidential Inauguration balls, engaging with President Trump and Vice President JD Vance, underscores the significant influence and recognition of XRP. Notably, representatives from other major cryptocurrencies like Ethereum, Cardano, and Solana were absent, highlighting XRP's unique standing. Conclusion In conclusion, the current landscape presents a prime opportunity to invest in XRP. The combination of strategic partnerships, global integration, regulatory developments, and innovative financial solutions positions XRP for substantial growth. However, the decision to invest ultimately rests with you. I encourage you to explore the insights shared on the Ripple Labs website and make an informed choice. Also, keep in mind that even with this recent pull-back XRP has still made a 25% gain since the first of the year. If you were to put your money with one of the large financial institutions, they would scoff at you if your told them that you were looking for an annualized 25% gain.
KRAKEN:XRPUSDLong
by MissouriTim
Trump Coin Falls Below Key Level – Time for a Short Trade...?TRUMP coin has recently dropped below the significant threshold of $24, indicating a potential bearish trend. This decline may be exacerbated by the intensifying global trade tensions involving major economies such as the USA, Canada, China, and Mexico. As these nations engage in escalating trade disputes, the resulting uncertainty could increase market selling pressure. Traders and investors should exercise caution and closely monitor market developments, as fluctuations may continue amid these geopolitical challenges.
by Kartik_Elkunchwar
Solana Breaks Key Support Level – Is a Short Opportunity Ahead.?Solana has recently breached its previous support level of $221, signaling a potential shift in market dynamics. Given the technical analysis indicators, there may be an opportunity to initiate a short trade upon the price retesting this level, which could serve as a new resistance point. However, traders should exercise caution in their approach, particularly in light of the ongoing trade tensions involving the United States, Canada, China, and Mexico. These geopolitical factors could introduce volatility and impact market sentiment significantly, making it essential to implement risk management strategies when executing trades.
by Kartik_Elkunchwar
Ethereum (eth) Long entry setup supply and demand + ote 📊 Precise Setup for a Long Entry on ETH/USD 💡 Why this trade? 🔹 Strong demand zone detected (S&D) 🔹 Optimal Trade Entry (OTE) confirmed by the 62%-79% Fibonacci retracement 🔹 Bullish breakout + strong reaction at a key order block 🎯 ETH/USD Trade Plan ✅ Optimal entry point (OTE) 📍: Waiting for a fresh bullish demand zone on H1 or M15 ✅ Key demand zone (S&D) 🛑: $3,060.00 🔥 ETH is setting up for a strong move! This Supply & Demand + OTE strategy offers a high-probability trade with an excellent risk-to-reward ratio. 📢 Follow for more exclusive analysis and trade signals! 🚀 #Ethereum #Crypto #Trading #ETH #SupplyAndDemand #OTE #SmartMoney #DayTrading #SwingTrading #CryptoSignals #TechnicalAnalysis
COINBASE:ETHUSDLong
by theunscriptedacademy