BTCUSD: Neutral on 1D means buy opportunity during rallies.Bitcoin has turned neutral on its 1D technical outlook (RSI = 51.351, MACD = 2908.600, ADX = 27.535) which is far from alarming as during Bull Cycle rallies such pullbacks are buy opportunities. Especially now that the price is even supported by the 1D MA50, which having cross above the 1D MA200 last week, they formed a Golden Cross. The pattern is identical to the last 1D Golden Cross, steady rally phases supported by HL trendlines that rose by roughly the same percentage. Their 1D RSI sequences also display similar formations. For that reason, we remain bullish on Bitcoin despite the current correction, targeting short term 119,000.
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
Cryptocurrency
TradeCityPro | Comprehensive Bitcoin Analysis for 2025👋 Welcome to TradeCityPro Channel!
Let's go for the most complete BINANCE:BTCUSDT Bitcoin analysis you can see. In this analysis, we are going to examine the data from monthly to weekly to daily time frames and more in the most complete way possible!
🌐 Monthly Timeframe
In the monthly timeframe, as you can see, Bitcoin is positioned between two curved trendlines and has reacted to these zones multiple times.
The last time the price hit the bottom of this channel, it recorded a low of 16,000, after which the crypto bull run began. The top of this channel also coincided with the 69,000 peak in the previous bull run, allowing us to identify the end of that bull run.
One key point about this channel is that the slope of its trendlines is decreasing, and overall, a weakening trend in Bitcoin is observed, which is logical. This is because every time Bitcoin has made an upward leg, a massive amount of capital has flowed into it, so it naturally moves less in the subsequent leg.
This point might seem negative to newer market participants, as Bitcoin’s bull runs used to happen faster in the past, and the price moved more significantly in percentage terms. For example, the 2017 bull run saw Bitcoin grow by nearly 7,000%, while in the 2019 bull run, it grew by about 1,500%.
However, within this seemingly negative point, there’s a positive aspect: this reduction in volatility indicates Bitcoin’s maturity and that of the broader crypto market. When an asset has a large amount of capital invested in it, its volatility naturally decreases, but this also reduces the risk of investing in that asset.
For instance, gold currently holds the top spot globally with a market cap of 21 trillion dollars, while Bitcoin’s market cap is around 2 trillion dollars. This gap makes Bitcoin appear as a better investment choice at first glance, as its lower market cap suggests greater growth potential.
On the other hand, the risk of investing in Bitcoin is higher because it has less capital invested in it, and large institutions like governments prefer to invest in gold, earning lower returns over time compared to Bitcoin. For these institutions, the most important factor is risk optimization, and gold has proven itself as the lowest-risk asset over centuries.
So, overall, we can conclude that the more capital flows into Bitcoin, the lower its volatility becomes. As volatility decreases, it becomes a safer asset for investment, attracting more interest from large institutions.
Additionally, we should consider that if Bitcoin isn’t destroyed or proven to be a scam, it could become a safe-haven asset like gold in the future. Its supply is well-optimized, and due to the halving mechanism, its issuance is tightly controlled, which gives it an inherently bullish nature like gold.
Note that when I say Bitcoin’s movements are slowing down and more capital inflow reduces its volatility, I don’t mean it will stop moving upward. Rather, it means its cycles will take longer, and its movements will be heavier. For example, gold, despite its high market cap, still moved upward last year.
Currently, Bitcoin has started a new upward leg after rising from the 16,000 zone. It first reached the previous high, then, after reacting to the 0.5 Fibonacci Extension level (which overlapped with the 71,000 zone), it pulled back to the 57,000 zone and has now moved to the 0.618 level near 101,000.
Based on the candles formed in the monthly timeframe, it seems the upward movement is ongoing. If the 0.618 level is broken, the price could see a few more bullish candles. The next Fibonacci level is 0.786, near 165,000, and if the price movement extends a bit longer, this level could also overlap with the top of the curved channel.
In my opinion, the maximum potential for Bitcoin in this bullish cycle is between 160,000 and 180,000. However, keep in mind that this is just my personal view, and I’m not making decisions based solely on this analysis or planning to sell if Bitcoin reaches this range. This is merely a mental target, and if I see Bitcoin reaching this range with strong bullish momentum, there’s a chance it could break through.
In that scenario, if Bitcoin reaches this range without any trend weakness and with high momentum, I’ll update the analysis for you and examine higher targets Bitcoin could reach.
On the other hand, if I see Bitcoin’s momentum weakening and showing trend deterioration before reaching the resistance zone, I’ll adjust my perspective. If the trend reversal triggers I’ll discuss later are activated, I’ll exit the market.
In the RSI oscillator, we have very important zones that can help us assess the trend’s health. A ceiling at 77.65 has formed, which, if reached by RSI, could indicate a momentum-based market top. However, if this level is broken, the bullish scenario I mentioned is highly likely to occur, and the price could move beyond our expected target.
On the other hand, there’s a support floor at 58.90, and I believe the confirmation of the end of Bitcoin’s bull run will come with a break of this level in RSI. If RSI consolidates below this zone, bullish momentum will weaken, and the price will gradually enter a corrective phase.
Regarding volume, I should note that the decreasing volume in this timeframe isn’t reliable data because Bitcoin’s volume is spread across various exchanges, and comparing volume at this scale isn’t accurate or useful.
I have nothing more to say about the monthly timeframe. Let’s move to lower timeframes.
📊 Weekly Timeframe
Let’s dive into the weekly timeframe, where we can observe price movements in greater detail.
As you can see, after being supported at the 16,000 zone, Bitcoin faced a significant resistance at 31,000. Breaking this level kicked off the bullish trend. In the first leg, the price moved from 16,000 to 31,000, and after breaking 31,000 in the second leg, the upward move continued to 72,000.
One of the main reasons for this bullish cycle was the U.S. interest rate. Simultaneously with the breakout of the 31,000 zone, the U.S. Federal Reserve changed its policies and began lowering interest rates. This triggered a massive capital inflow into Bitcoin, initiating its bullish move.
During the corrective phase, the price oscillated between the 72,000 and 55,000 zones for several months. After breaking the 72,000 ceiling, another bullish leg took the price to 105,000.
One of the reasons for this bullish move was Trump’s strong support for crypto during the U.S. election. He frequently mentioned Bitcoin positively in his speeches and considered it part of his policies.
However, after Trump was elected president, he didn’t fully deliver on his promises. The imposition of tariffs not only impacted Bitcoin but also significantly affected the U.S. dollar, major company stocks, and indices like the S&P. As a result, Bitcoin dropped back to near the 72,000 zone.
Additionally, for the past few months, the U.S. Federal Reserve has not changed interest rates due to these tariffs. In all its statements, it has indicated that it’s waiting for the tariffs to be finalized and is in no rush to make decisions regarding monetary policy. Thus, in recent months, the interest rate variable has been effectively neutral, with the most significant fundamental news being the U.S. tariffs against China and Europe.
After Bitcoin’s drop to near 72,000, news of a 90-day agreement between China and the U.S. emerged, stating that tariffs would be lifted for 90 days to allow negotiations. This news was enough to restart the bullish move for Bitcoin and stocks like the S&P. As you can see, Bitcoin has now surpassed the 105,000 ceiling and is currently deciding its next move above this zone.
Looking at RSI, there’s a key support level at 44.75, where every time the price has hit this level, a new bullish leg has started. This level accurately indicated the 55,000 and 72,000 bottoms and has been very reliable.
However, there’s a clear divergence in RSI between the 72,000 and 105,000 peaks. The current peak above 105,000 is higher, but RSI is still forming lower highs, which could strengthen the divergence.
Currently, RSI is near the overbought zone and appears to be rejecting from the 70 level. If RSI is rejected from this zone, the price might fake out the 105,000 breakout and drop below it. If this happens, it would signal a significant trend weakness, greatly increasing the likelihood of a trend reversal.
However, if RSI consolidates above the 70 level and the price makes another bullish leg, we’ll still have divergence, but the trend weakness will be much less severe than in the fake-out scenario. If the price makes another bullish leg, our targets based on Fibonacci are the 130,000 and 160,000 zones.
In any case, if RSI forms a lower high compared to its previous peak and the price enters a corrective phase, I believe the 44.75 level will break, activating the divergence. If this happens, we’ll get a momentum-based confirmation of the bull run’s end, and we’ll then need to wait for a price-based confirmation.
Currently, the price confirmation for a trend reversal would first be a fake-out of the 105,000 breakout, with the main trigger being a break of the 72,000 level. If the price forms a higher high, we’ll need to wait and identify the trend reversal trigger based on market structure and conditions.
Personally, I believe Bitcoin will have another bullish move to the 130,000 zone, and simultaneously, dominance will move upward again. After this move, as Bitcoin consolidates or corrects, dominance will drop, leading to an altcoin season for a few months. After Bitcoin’s consolidation and the end of the altcoin season, the market’s bearish phase will begin, which I’ll discuss further if it occurs.
If you’ve bought Bitcoin at lower levels and are holding, I think you can continue holding, as there’s a high chance of another bullish leg, and we don’t yet have any confirmation of a trend reversal. I suggest continuing to hold until we get a clear reversal signal.
For buying Bitcoin on the spot market in this timeframe, it’s not possible to provide a trigger right now, as we’re at the end of a bullish leg, and the upward trend from 16,000 has been very prolonged. I believe we’ll see at most one more bullish leg, so if you’re skilled at trading, I suggest using this capital to open positions in futures to maximize profits.
Be cautious—I’m saying this only if you have trading skills, not to blindly open positions with all your capital without a trigger. That would only lead to losses.
If you haven’t bought any Bitcoin in this bullish trend yet, you can wait for the potential altcoin season. I suggest starting now to identify good projects so that when Bitcoin dominance shows bearish confirmation, you can buy the altcoins you’ve researched and profit from that market phase.
📈 Daily Timeframe
In the daily timeframe, as you can see, Bitcoin underwent a corrective phase, dropping to the 76,000 zone. After forming a base at this level, a bullish leg to 106,000 was triggered at 87,700.
Currently, the price is above the 106,000 zone but hasn’t consolidated above it yet. The reason I say it hasn’t consolidated is that market volume is decreasing after the breakout. Additionally, when the price breaks through a supply zone like an all-time high, significant momentum is required, but that hasn’t happened, and the price is ranging above this zone without significant movement.
If Bitcoin consolidates above this zone, the bullish move could continue. The targets we can consider are the 116,000 and 130,000 zones.
The RSI oscillator has a critical support at 59.78, which is a very important momentum level. If this level is broken, this bullish leg could end, and the market might enter a corrective phase. Volume is also slightly decreasing and showing some divergence with the trend, which is another sign of trend weakness.
If the price consolidates below 106,000, we’ll get confirmation of a fake-out of this breakout, and the price could move downward again. The lower support zones are 102,600 and 92,300.
If the price forms a lower high and low below 106,000, we can confirm a trend reversal. Breaking the 76,000 level would be the main confirmation of a trend change.
💼 4-Hour Timeframe
In the 4-hour timeframe, Bitcoin entered a corrective phase after reaching the 111,700 zone and has formed a descending triangle between the 106,000–107,000 range and a downward trendline.
The 106,000–107,000 range is a very strong support zone, and the price has tested this level multiple times but keeps forming lower highs compared to 111,700, increasing the likelihood of breaking this support zone.
On RSI, there’s a support level at 35.94, which is a very strong momentum zone. Breaking this level could confirm the entry of bearish momentum, increasing the likelihood of breaking the support zone.
With a break of the support zone and the 35.94 level in RSI, we can enter a short position. If the price forms a lower high and low below this support zone, we can confirm a trend reversal. The next key support zones are 101,600 and 93,700.
For the bullish trend to continue, breaking the downward trendline would confirm an upward move. If the trendline is broken, the price could rise to 111,700. Breaking the 111,700 level would be the main confirmation of the bullish trend’s continuation, activating the trendline breakout as the primary trigger.
🔍 Binance Open Interest is Surging as BTC Regains Bullish Momentum
Tracking what’s happening in the derivatives market has become essential, given the current market structure.
Derivatives volumes are significantly higher than those on spot markets or ETFs, especially on Binance, which ranks just behind the Chicago Mercantile Exchange in terms of volume.
As a result, derivatives activity can have a major impact on Bitcoin’s price, making on-chain data related to derivatives extremely valuable to monitor.
This has clearly been the case since BTC resumed its bullish trend, reflected in the rising Open Interest on Binance. It jumped from $7.5B on April 8th to over $11.2B today. We can also note that the 30-day and 50-day SMAs have just crossed back above the 100-day average. Derivatives activity has clearly helped fuel the price move, even though many short positions were opened along the way.
Seeing Open Interest climb is generally a good sign, as it gives the market momentum and can lead to strong upward moves. However, this kind of push tends to be fragile.
At the moment, we haven’t yet returned to a new Open Interest ATH on Binance, which may suggest that we’re not in a full-blown euphoric phase on derivatives markets just yet.
📊 Minimal Sell Pressure Despite STH & LTH Deposits on Binance
Keeping an eye on STH (Short-Term Holders) and LTH (Long-Term Holders) behavior gives us valuable clues about market sentiment.
In this update, we’re focusing on Bitcoin inflows to Binance from both STHs and LTHs. These flows help us measure selling pressure and get a feel for how price action might unfold.
Let’s start with STHs the group that tends to react quickly and emotionally to market shifts.
🧠 We’ve seen their behavior play out clearly in the past:
During the August 2024 correction, they sent over 12,000 BTC to Binance.
Then again, around late February to early March, during the tariff news-driven panic that pushed BTC below $80K, they dumped over 14,000 BTC.
But here’s the good news: right now, STH inflows are still moderate only about 8,000 BTC has been sent to Binance so far, which is roughly in line with the last correction.
🔍 As for LTHs, the numbers are even calmer.
Currently, just 86 BTC has flowed in from long-term holders—far lower than the 254 BTC seen before the last major top and way below the 626 BTC peak back in 2024.
📊 Bottom line?
Whether we’re looking at STHs or LTHs, there’s no real sign of strong selling pressure at the moment. Still, it’s worth watching in the context of ongoing demand—which remains relatively healthy for now.
Coinbase Premium Signals Strong Institutional Demand
There’s no doubt institutions are stepping in and no, it’s not just because of ETFs.
💡 Why not ETFs?
Because spot Bitcoin ETFs aren’t exclusive to institutions. Retail investors can access them just as easily, and in terms of raw volume, ETFs still don’t come close to the spot or futures markets.
That said, the inflows are still impressive: the 30-day average daily inflow is now over $330 million, and that trend is holding strong.
🚀 The Real Signal? The Coinbase Premium Gap
This metric tracks the price difference between Coinbase Pro (favored by U.S. professional/institutional investors) and Binance. Right now, the 30-day moving average of the premium gap is 55 a clear sign of heightened U.S. investor activity, which strongly points to institutional participation.
💰 Futures Activity Surges as Spot Demand Fades on Binance
Futures volume on Binance has been rising, while spot volume has dropped significantly in recent days even as Bitcoin broke into price discovery. This shift in volume composition is worth watching closely, as it provides important clues about the market’s internal strength.
Volume isn’t just a number—it reflects the type of demand driving the market. When demand comes from spot markets, it often suggests long-term conviction. In contrast, demand driven by futures markets tends to reflect short-term speculation, which can introduce instability.
Since May 5, we’ve seen futures activity increase modestly, while spot volumes have clearly declined. This suggests that the current price action may be fueled more by leverage and short-term bets than by solid, long-term buying.
Without strong spot support, trends powered by derivatives are more fragile and prone to sharp reversals. This environment calls for increased caution, especially for those considering new entries or leveraged positions.
⚡️ BTC Gains Bullish Momentum as Binance Open Interest Rises
Tracking what’s happening in the derivatives market has become essential, given the current market structure.
Derivatives volumes are significantly higher than those on spot markets or ETFs, especially on Binance, which ranks just behind the Chicago Mercantile Exchange in terms of volume.
As a result, derivatives activity can have a major impact on Bitcoin’s price, making on-chain data related to derivatives extremely valuable to monitor.
This has clearly been the case since BTC resumed its bullish trend, reflected in the rising Open Interest on Binance. It jumped from $7.5B on April 8th to over $11.2B today. We can also note that the 30-day and 50-day SMAs have just crossed back above the 100-day average. Derivatives activity has clearly helped fuel the price move, even though many short positions were opened along the way.
Seeing Open Interest climb is generally a good sign, as it gives the market momentum and can lead to strong upward moves. However, this kind of push tends to be fragile.
At the moment, we haven’t yet returned to a new Open Interest ATH on Binance, which may suggest that we’re not in a full-blown euphoric phase on derivatives markets just yet.
🔄 Bitcoin Heatmap Analysis
Let’s move on to the Bitcoin heatmap analysis, which was missing from this analysis and completes the most comprehensive data for these days. I hope it’s useful for you.
In the 6-month timeframe, Bitcoin has had a good upward trend but experienced a rejection after hitting orders in the 110,000–113,000 range. It’s currently in the 104,000 zone, with the most important support zone at 92,000, which is likely to hold.
In the monthly timeframe, we’ve broken through the 106,000 zone, which was a strong support level based on orders, but there isn’t a strong support zone immediately below. The next support level is 100,000–102,000, which could be a solid level, while the 110,000–112,000 zone is currently the most valid resistance level for Bitcoin.
In the weekly timeframe, a similar event has occurred. We’ve been rejected from the significant 110,000 resistance zone and are heading for further downside, but at a slow pace. In this timeframe, no specific support orders have been registered yet, and it will take some time for traders to place their buy orders on exchanges. However, even if we bounce from this level, we shouldn’t underestimate the 110,000 resistance.
📝 Final Thoughts
This is the most comprehensive Bitcoin analysis for the community.
We’ve done our best to collect the data comprehensively in this post for your awareness and present it to you in this analysis, hoping it has been useful for you!
Our team has worked on this analysis for several days, so we’d be thrilled if you boost, comment, and share the analysis with your friends.
HAMSTER CAN EXPLODE TO THE MOON AS NEVER BEFORE..Depending on our study and trends, we expect with high chance that hamster is going to see a new volume in the upcoming time, which will allow this coin to increase to new levels.
These are our expected targets.
$0,0.0024
$0,006
$0,011
$0,015
This coin is at this moment in a stable time frame, and can build unexpectedly in the coming time a new break followed by a whale's increase in volume.
Time will tell if this coin will act as we expect.
There are some important reasons based on data that let us expect this coin is going to break, at last its a market, which has never 100% guarantee.
BITCOIN targets 165k based on VIX's 10-year SupportBitcoin (BTCUSD) has started a new (and possibly last for this Cycle) Bullish Leg following April's bottom and has already made a new All Time High (ATH).
The BTC/VIX ratio on that very same day (April 07 2025) hit and rebounded on its 10-year Higher Lows trend-line, a Support level that has been holding since the August 24 2015 market bottom.
Every rebound on this Higher Lows trend-line, has produced a strong medium-term rally, the 'weakest' of which has been the most recent (August - December 2024), which rose by +121.44%. If BTC repeats this 'minimum', we are looking at a $165000 High, which aligns perfectly with the majority of projections for this Cycle's Top.
Do you think we will see that price by October? Feel free to let us know in the comments section below!
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Phemex Analysis #85: Is it Time to Enter SOPHON (SOPH)?!SOPHON ( PHEMEX:SOPHUSDT.P ), a rising project in the cryptocurrency space, has recently attracted traders' attention with its dynamic price action and notable volatility. Currently trading around $0.055, SOPH experienced a bearish move after failing to maintain earlier gains above $0.065. As the price now hovers near crucial short-term support levels, traders are evaluating whether this dip presents a buying opportunity or signals further downward pressure. Let’s explore several potential scenarios based on SOPH’s 15-minute chart to determine if now is the ideal moment to enter the market.
Possible Scenarios (15-minute chart)
1. Double Bottom at $0.05 with RSI Divergence (Bullish Reversal)
A closer examination of SOPH's 15-minute chart reveals the potential formation of a double bottom near the $0.05 level, accompanied by RSI divergence. Specifically, the RSI is showing higher lows while the price revisits its previous low, signaling diminishing selling pressure and a likely bullish reversal.
Pro Tips:
Long-term Accumulation: Consider gradually accumulating SOPH near the $0.05 support if bullish divergence persists.
Confirmation: Wait for price stabilization and rising volume near the support level to confirm the reversal before scaling in.
2. Breakout Above $0.058 (Bullish Confirmation)
If SOPH decisively breaks the immediate resistance level at $0.058, especially accompanied by high trading volume, it could mark a strong bullish signal. However, after the breakout, a minor retracement could form a classic "cup and handle" pattern—historically a robust bullish setup—prior to resuming its upward trajectory.
Pro Tips:
Long Entry: Go long upon confirmed breakout above $0.058.
Pattern Recognition: If a cup and handle pattern forms after the breakout, look to add positions on the subsequent confirmation, preparing for potentially significant upward movement.
3. Bearish Continuation (Cautionary Scenario)
On the downside, if SOPH falls below the critical support at $0.0528 accompanied by higher-than-average trading volume, it indicates the bearish momentum might persist. Such a breakdown could lead to further declines and test deeper support zones.
Pro Tips:
Risk Management: Avoid entering new long positions if this bearish scenario plays out.
Market Observation: Remain on the sidelines, observing until clear bullish reversal signals or price stabilization at a lower support level appear.
Conclusion
SOPHON (SOPH) currently sits at a crucial juncture, offering potential opportunities depending on how price action unfolds in the short term. Traders should closely watch for bullish divergence signals around $0.05, breakout confirmations above $0.058, or bearish continuation below $0.0528. Employ disciplined risk management, and remain adaptable to market dynamics to confidently and strategically trade SOPHON (SOPH).
Tips:
Elevate Your Trading Game with Phemex. Experience unparalleled flexibility with features like multiple watchlists, basket orders, and real-time adjustments to strategy orders. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution.
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
ETHEREUM Break above this level and things get real interesting!Ethereum (ETHUSD) broke above its 1W MA50 (blue trend-line) this week and will attempt to close the week above it to confirm the official restoration of the long-term bullish trend.
Regardless of that, there is another hidden trend-line that may dictate the pace of that potential bullish break-out and is no other than the underlying Pivot trend-line that started on the June 13 2022 market bottom and acted as Higher Lows up until February's Tariff fueled correction.
As a result, this is now posing as a Resistance and a break above it should technically deliver rallies similar to the Bullish Legs of 2023 - 2024.
Our 4100 Target remains intact.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
TON/USDT on Fire: Bullish Momentum Builds Toward Major Targets!By examining the #TONCOIN chart on the 3-day timeframe, we can see that after correcting down to $3, the price has started pumping again and is showing strong bullish momentum. So far, it has gained over 15%, and I expect this uptrend to continue! The next targets are $3.64, $4.20, and $4.66. The expected return is around 20% in the short term, 40% to 55% in the medium term, and 110% in the long term. Support this analysis and stay tuned for more updates, my friends!
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
BTC shell fall!!!?This is how i am looking at market...
I can see a bearish triangle pattern in 4hr chart, which shows that btc may go 109,000-109,800 to complete third spike, then it might fall, main Support level will be 107,000-106,890, if market breaks it successfully then BTC may show 102,000 or if btc respect it's support level, then market may touch all time high 114,000!!!.
BITCOIN Desperately needs that weekly closing!Bitcoin (BTCUSD) broke last week above its January Resistance, effectively making a new All Time High (ATH). Technically, within BTC's dominant 2.5-year Channel Up, that is not enough to generate a bullish extension on its own and the reason is that a 1W candle closing above the Resistance level is needed and not just a break.
At least that's what happened during the last two Bullish Legs, where it required a convincing 1W candle close considerably above the Resistance, to confirm the Bullish Extension. In fact the break-out candles on both previous Bullish Legs is fairly identical.
The minimum % rise on the pattern's three Bullish Legs has been +96.75% with the others not falling way off that range (+98.74% and +106.94%). As a result, the bare minimum Target we can be expecting, in the event of a 1W candle closing above the $109500 Resistance, is $147000.
Do you think that' within the market's immediate reach? Feel free to let us know in the comments section below!
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Minor advantage on the bullish sideMorning folks,
So, downside AB-CD action is started as we suggested. But, it is very slow and going heavy. Appearing of triangle shape here and early signs of bullish dynamic pressure on daily chart turns the balance slightly on the bullish side.
Still, we do not have yet any clear patterns that makes us sure. So, if you're conservative - it would be better to wait a bit. If you still want to buy inside the triangle - it would be better to place initial stop below OP target, just not to be washed out occasionally, if AB=CD will be completed. Because it doesn't break the bullish context but could give us "222' Buy instead.
Is the momentum in Bitcoin EXHAUSTED? Or not yet?In recent days, Bitcoin has been actively updating its ATH almost daily. Everyone is already predicting $150,000 by the end of the month.
🔥 But is everything really so rosy? Let's take a closer look!
During the powerful growth over the past month, two gaps have formed below us. The first is at $97,368–102,867. The second is at $85,158–93,232. And as we know, in 99% of cases, gaps close sooner or later.
📊 Technical:
Liquidity zones - as we know, the price moves from liquidity to liquidity, which pushes it in one direction or another. Right now, there is practically no liquidity above us; it is all concentrated below. Only a move to $99,000 can now liquidate more than a billion dollars in longs.
I think short sellers' stops are much higher, at $120,000 and above. There is no point in placing them here when there is still no confirmation of a trend reversal.
⚙️ Metrics and indicators:
Volume - as I say in every review - is not a new growth impulse. It is a technical rebound. It has been moving at reduced volumes all along, which have only continued to decline.
MACD - has already given a bearish crossover , but this is certainly not the best indicator on such a TF. However, in combination with other indicators, it can predict a trend reversal at the right time.
DSRZ - shows the volume of interest at certain levels, and now we see that the first block of interest is concentrated in the $106,000–104,000 zone. These are the first support levels, from which I will expect the first rebound if the correction continues.
Liquidation Levels - as I said, all liquidity is now concentrated at the bottom. Bitcoin is very overheated and it's time to cool it down. Many think that it will be overheated when, as in the previous cycle, funding will be 0.2 and above.
But this is a different cycle, a different time, different traders, and different rules. This has already been proven more than once in this cycle.
📌 Conclusion:
I have said many times that we should not expect much from this momentum and that it is purely a technical rebound. And if something does not push us sharply upward now to bring in retail, we can definitely not expect it before the fall.
Summer is coming, investors and traders will close their positions and go on vacation. The market will be quiet.
So, personally, I am leaning back in my chair, expecting a price of at least $85,000, and watching what happens next. 🥃
XRPUSD This rare signal can send it to $12.5 end of the year.XRP has been practically ranging since the start of the year following the immense rally after the U.S. elections last November. This is technically a Re-accumulation phase supported by the 1W MA50 (blue trend-line), similar to May - November 2017 of XRP's 1st Cycle.
The strong signal that makes this correlation more relevant is the 1M RSI peak above 80.00 and correction back below the oversold barrier (green ellipse), which is identical on both fractals. Also they both took place just below the 1.5 Fibonacci extension level.
The 2017 Re-accumulation, held its 1W MA50 as Support and eventually pushed for one final parabolic rally within the 2.0 - 2.236 Fib range, before the Cycle topped.
As a result, we expect XRPUSD to hit $12.5 by the end of this year.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
BITCOIN No different than all the Bullish Legs since 2023!Bitcoin (BTCUSD) has just completed a Golden Cross on the 1D time-frame, the 4th such pattern since February 05 2023. All those Golden Crosses have been formed marginally after the Channel Up bottoms and start of their respective Bullish Legs.
The current pattern is no different than any other of those Bullish Legs. On top of that, the 1W MACD has also formed its usual Bullish Cross that has technically always preceded the 1D Golden Cross.
Given that, when this happens, BTC tends to be at least near the 0.5 Fibonacci level from the eventual top, we can estimate that the next peak might be around $165000. This is another indicator that makes our $150k Target for this Cycle more than realistic.
But what do you think? Are you also expecting the market to explode past $150k? Feel free to let us know in the comments section below!
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
BNBUSD aiming for $800 and that's only short-term.Binance Coin (BNBUSD) is staging a strong short-term push after holding its 1D MA200 (orange trend-line). This is taking place on the technical Bullish Leg of the 10-month Channel Up.
The 1W RSI broke above its MA trend-line (yellow) and that confirmed this new bullish structure. The previous Bullish Leg peaked a little over the 2.0 Fibonacci extension. Our short-term Target is therefore $800.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
One of the MOST UNDERVALUED assets with huge POTENTIAL? ULTIMA continues its correction and by the looks of it, the end of the correction is getting closer.
⚡️ Let's see why I think there is a huge potential here in the short term.
The current correction is caused by the start of the token unlocking period after the freeze and many of them went straight to the market. However, they are not in a hurry to pay off yet.
Now, above are two huge GAPs. The first one is $11,400 - $15,320 and the second one is $15,400 - $19,000. As you know, GAPs are 99% of the time closed sooner or later. Especially such huge ones that leave behind such untraded areas.
📰 On every impulse, historically, there are 3-4 down pushes. Right now, ULTIMA has completed the second one. Not sure what the 4th will be, given what impulses were on the first two. So the next one (if there is one) could be the last and entail a BOS and a return to growth.
⚙️ Metrics and indicators:
Volume - the entire correction that started as early as $20,000 continues on lower selling volume, signaling seller exhaustion. Potentially signaling a rebound in the short term.
RSI - the second impulse was weaker than the first and a divergence was formed on the indicator chart. Which indicates a potential change of trend back to growth.
CMF - here is the most interesting thing. During the whole correction, fresh liquidity continues to enter the token. Also forming a divergence.
This indicates that holders continue to accumulate the coin. 🔥
VRVP - shows that at the price of $14,000, trading volumes have almost completely disappeared. The asset was probably overheated speculatively as it gave over 500% in a short period of time last year alone. And the current correction is landing gamblers with shoulders that obviously don't want to re-enter and go try their luck further.
Small volumes have started to appear in the $11,000 zone. Which, combined with the fact that we know we could be in for another downward momentum, is very correlative. After all, we are seeing more and more volume at a low price and the next impulse may just spark interest from those who have been waiting for a lower price for a long time.
📌Conclusion:
My first key point was $10,000. The next one will be $8,000. I don't expect a move below $6,000. But am buying at each key point so I don't miss the upside and average the position. Not trying to guess where the long awaited bottom is.
BITCOIN repeating every Cycle's final rally!Bitcoin (BTCUSD) has been on a strong rally since the April 2025 bottom on the 1W MA50 (blue trend-line) and that's perfectly aligned with the 1W MA50 rebound it had on the previous two Cycles in June 2021 and June 2017.
As you can see, those (blue circles) where the All Time High (ATH) Pivot trend-line test before the final (parabolic) rally of the Cycle started, which was its most aggressive part.
In 2017 it was much stronger and the price rallied much higher, which is natural as the market was much less mature (institutionally) than today, but it is not improbable to get a rally similar to July - November 2021.
Can that be enough to push BTC to $150k and beyond? Feel free to let us know in the comments section below!
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Failed Wedge, New Setup. Is SUI About to Break Out?In my previous post about BYBIT:SUIUSDT , I mentioned a potential falling wedge pattern. However, the breakout above the 4.0040 resistance turned out to be a false breakout, and the price eventually dropped to the invalidation level at 3.5868. This made the setup invalid.
But despite the failed wedge breakout, BYBIT:SUIUSDT remains in a bullish trend overall. During the current consolidation, the price appears to be forming a new bullish pattern — a Descending Broadening Wedge (DBW).
This pattern typically starts with low volatility and gradually widens. Once price reaches its lower boundary, it often experiences a strong breakout to the upside.
Let’s break down the key price action in this DBW setup:
Price is moving within a Descending Broadening Wedge and is currently near the lower boundary of the pattern.
It’s also sitting around a key support level at 3.4833.
A rejection candle formed right at 3.4833, showing the market’s response to this support area.
A reversal confirmation would come if the price breaks above 3.6102.
A bullish divergence is also visible — price is forming lower lows, while the stochastic indicator is forming higher lows.
Based on these five price action signals, it seems that buyers are still in control, even though short-term volatility has created a series of lower lows.
That’s why I still believe BINANCE:SUIUSDT has more room to go up. What’s your take on this?
Phemex Analysis #84: Pro Tips for Trading PEPEIn the vibrant and ever-changing landscape of cryptocurrency trading, PEPE ( PHEMEX:1000PEPEUSDT.P ) has recently captured significant attention from investors. Over the past 30 days, PEPE surged an impressive 130%, showcasing strong bullish momentum after a prolonged downtrend. This recent rally has rekindled investor interest, suggesting that a potential bullish reversal may be underway.
Yet, with volatility remaining high, traders should remain cautious.
Let’s explore several possible price scenarios and strategies to capitalize effectively on PEPE’s movements.
Possible Scenarios
1. Accumulation Followed by Breakout Rise
Currently, PEPE is showing signs of accumulation in the $0.015 to $0.012 range. This sideways consolidation typically indicates that market participants are gathering positions before a potentially significant upward move. If PEPE breaks decisively above the critical resistance at $0.0163, especially accompanied by a notable spike in trading volume, it would be a strong confirmation of bullish sentiment.
Pro Tips:
Entry Strategy: Consider accumulating positions within the consolidation range ($0.015 - $0.012). Wait for confirmation of a breakout above $0.0163 to scale up your positions confidently.
Risk Management: Place stop-loss orders below $0.012 to mitigate downside risk should the breakout fail to materialize.
2. Retesting the $0.007 Support Area
A pullback scenario could also unfold, bringing PEPE’s price down to retest the critical support zone around $0.007. If this retest occurs with relatively low trading volume and the RSI remains higher compared to previous lows—signaling a Double Bottom formation with RSI divergence—this could provide an excellent accumulation opportunity.
Pro Tips:
Accumulation Signals: Monitor trading volume and RSI closely. A successful retest at $0.007 with bullish divergence could indicate strong buying pressure.
Entry Confirmation: Conservative traders may prefer waiting for a confirmed breakout upward from the $0.007 support area before entering positions.
3. Bearish Drop Scenario
Despite the recent bullish signs, a bearish scenario remains possible. If PEPE declines towards the support level at $0.012 with increasing trading volume, and subsequently drops to $0.007 with even higher volume, it could indicate strong bearish momentum and weak market sentiment. Under these conditions, caution is highly recommended.
Pro Tips:
Market Caution: If price action unfolds this way, it’s advisable to refrain from entering positions immediately.
Wait and Observe: Allow price to stabilize before reconsidering any potential entry points, ensuring clear evidence of support.
Conclusion
PEPE’s recent 130% surge represents promising signs of a bullish reversal, yet navigating such volatility demands careful planning and strategic execution. By closely monitoring the outlined scenarios—recognizing accumulation signals, bullish divergences, and maintaining disciplined risk management—traders can maximize their potential returns while minimizing risk exposure. Always stay alert, responsive to market signals, and ready to adapt to changing conditions to trade PEPE confidently and profitably.
Tips:
Trade Smarter, Not Harder with Phemex. Benefit from cutting-edge features like multiple watchlists, basket orders, and real-time strategy adjustments. Our unique scaled order system and iceberg order functionality give you a competitive edge.
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
TradeCityPro | ADAUSDT Is It Time to Buy Cardano?👋 Welcome to TradeCityPro Channel!
Let’s dive in and analyze one of the market’s favorite coins, Cardano (ADA), which is in a strong position compared to most altcoins and is holding at higher resistance levels.
🌐 Overview Bitcoin
Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together.
This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames.
Bitcoin Chart
📊 Weekly Timeframe
On the weekly time frame, ADA, like SOL, SUI, XRP, and most of the top ten coins in the market, is still in a better situation, with the price fluctuating at higher levels.
After being rejected at 1.1983 and losing support at 0.7959, we experienced a sharp drop to 0.50, driven by panic in the market due to Trump and U.S. tariffs on other countries.
Currently, in the weekly time frame, we’re still at higher levels compared to most of the market, and we can expect a strong move going forward. It’s worth noting that breaking 1.1988 will provide the best trigger for a buy.
📈 Daily Timeframe
Interesting things are happening on the daily time frame, and we’re clearly still at higher levels than other altcoins. If the market itself undergoes a trend change, we can be ready for a long trigger sooner.
After breaking 0.8204 and losing the 0.236 Fibonacci level, we experienced a sharp decline that also saw high volume. I expected that after this volume, we’d transition from volatility to forming a range box, and that’s exactly what’s happening. We’re forming a box between 0.6777 and 0.8204, but if today’s daily candle closes as it is, the downtrend will continue!
Additionally, after this event, we had a break of the support floor that turned out to be a fakeout, leading us to establish a new support level. Currently, our most important support is 0.6090, and we’re moving along a daily trendline. If we bounce from this trendline and break the 0.8419 resistance, it will be the best trigger for a buy. On the other hand, if the support breaks and we lose the 0.7417 low, we can go for a short position.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
26/05/25 Weekly OutlookLast weeks high: $111,965.73
Last weeks low: $101,994.78
Midpoint: $106,980.26
New BTC ATHs! Well done to those who capitalized on the move and continue to believe in this Bitcoin.
For the last two weekly outlooks I have talked about the pattern of consolidation for 1 week --> expansion the next. Last week We got our expansion week right on queue and this time around BTC made a new ATH hitting just shy of $112,000.
Should the pattern continue this week will be a week of consolidation/chop, however this week is different now that we're at ATH levels. My gut says a pullback is coming after such an aggressive move up with almost no pullbacks at all.
Should BTCs price drop below the Midpoint I think there will be a big struggle to continue this rally in the short term. Initially target would be weekly low and main HTF target would be $97,000 IMO. That would be a healthy pullback to continue the rally.
For the bulls you don't want momentum to stop in the short term, flipping $110,450 and weekly high would put BTC back into price discovery, once any asset is in price discovery it's very difficult to tell where the sell pressure will come from and so shorting becomes very risky.