Will Ethereum reach $8500 ?Ethereum (ETH) has been a focal point in the cryptocurrency world, drawing both admiration and skepticism. As Q4 unfolds, Ethereum has shown remarkable resilience, staying on its intended path despite market fluctuations. This article explores Ethereum's journey, its current standing, and the potential for it to reach the ambitious target of $8,500.
Everyone criticizing Ethereum should take note: ETH is still on track and hasn't deviated from its course. In Q4, Ethereum was never expected to reach new all-time highs (ATH). Despite performing better than anticipated, ETH remains steadfast on its intended path. It exhibited a bearish pattern, forming higher lows and lower highs before stabilizing. It then marked a higher low, established a bear market high, broke through this high, retested it just before Q4, and began its upward trajectory.
Here's how the forecasted ETH pattern looks—believe me, we're still on track. 📈
Ethereum's chart demonstrates a clear path forward, with key indicators suggesting sustained growth. The technical analysis points towards Ethereum reaching significant levels, with the 2.0 Fibonacci extension level being a crucial milestone.
I believe $8,500 is a realistic target for Ethereum, corresponding to the 2.0 Fibonacci extension level. The Fibonacci extension tool is commonly used in technical analysis to predict future price movements based on past price trends. The 2.0 Fibonacci extension level suggests that the price could potentially double from its previous move. In this case, reaching $8,500 fits within the expected range of this extension level, making it a plausible target.
When ETH's price reaches the 2.0 Fibonacci extension level, its market cap will be approximately $625 billion, reflecting a 155% increase. If the price continues to rise and reaches the 2.618 Fibonacci extension level, the market cap would soar to around $859 billion, marking a 214% increase. These levels are calculated based on today's price.
To all the Ethereum doubters out there: Keep talking while ETH keeps building. 📈 Your doubts fuel our progress. Watch and learn! 💪🔥
Ethereum's journey is far from over, and its resilience in the face of criticism only strengthens its position. As it continues to build and innovate, ETH is poised to reach new heights, potentially hitting the $8,500 mark and beyond.
Ethereum's path is filled with potential, and the signs are pointing towards significant growth. With the 2.0 Fibonacci extension level serving as a realistic target, $8,500 is within reach. Whether you're an investor or a skeptic, keeping an eye on Ethereum's progress is essential, as it continues to defy expectations and carve its path in the crypto world.
Economic Cycles
Bitcoin Dominance: Cycles and Post-Halving 2024 ForecastAn analysis of BTC Dominance in the context of market cycles and halving events. The chart highlights historical patterns of dominance decline following Bitcoin price peaks, which occurred 17 months after each halving. The outlined scenario suggests a potential return to key support (~41%) before a rebound.
Will history repeat itself? Let’s watch how upcoming market events shape BTC Dominance dynamics heading into 2025.
Post-Holiday BTC Rallies: A Historical PerspectiveIdea:
Over the past six years, Bitcoin has exhibited a fascinating pattern: post-Christmas rallies. Let’s dive into the data and analyze what this could mean for the market this time around.
Historical Context:
In 5 out of the last 6 years, Bitcoin has seen significant gains shortly after the holiday season, with price increases ranging from 44% to an astonishing 272%. These rallies have been a consistent part of Bitcoin’s cyclical behavior, making them an exciting opportunity for traders and investors.
Key Observations:
2017/18: BTC rallied over 272%, marking the peak of an explosive bull market.
2019/20: A solid 44% gain during the recovery phase from the bear market bottom.
2020/21: Post-pandemic bull run fueled a 122% surge as BTC climbed to new highs.
2021/22: A rally of 90%, driven by retail and institutional adoption.
2022/23: Another impressive rally of 72% as the market recovered from a bear cycle.
The only exception? 2018, the first phase of a brutal bear market, when market-wide sentiment was overwhelmingly bearish. This highlights a crucial insight: rallies are far less likely during early bear phases.
What About This Year?
📊 Cyclicality is Key: Bitcoin’s price action has always been heavily influenced by cycles. With the market in a recovery phase following the 2022 lows, we could be on the verge of another post-holiday rally.
📈 Factors to Watch:
Macro Sentiment: With inflation stabilizing and global markets recovering, Bitcoin is regaining strength.
Institutional Interest: Continued interest in BTC ETFs and large-scale adoption could fuel upward momentum.
Cyclical Patterns: The historical consistency of these rallies cannot be ignored.
Possible Scenarios:
1️⃣ Bullish Case:
If history repeats itself, we could see Bitcoin post significant gains over the next few months, potentially targeting new highs in 2025 as part of the broader bull cycle.
2️⃣ Bearish Case:
If macroeconomic factors or unforeseen events trigger a pullback, the rally might be subdued, or Bitcoin could enter a consolidation phase.
Why This Matters:
Understanding these cyclical patterns can provide a major edge for traders. The post-holiday season has been a lucrative time for Bitcoin in the past, and recognizing these opportunities could make all the difference.
What are your thoughts? Will Bitcoin repeat history this year? Or are we in for a surprise? Share your ideas below!
DAR/USDT: Major Historical Levels Analysis| NEXT 1100% PotentialBINANCE:DAR/USDT - 1D TIMEFRAME 🎯
MARKET STRUCTURE:
━━━━━━━━━━━━━━━━
✦ CURRENT PRICE: $0.13873 (-2.07%)
✦ FIRST TARGET: $0.74760 (+525%)
✦ ULTIMATE TARGET: $1.65318 (+1,100%)
✦ TIMEFRAME: Daily/Long-term
TECHNICAL BREAKDOWN:
━━━━━━━━━━━━━━━━
1. HISTORICAL CONTEXT:
• Price at multi-year support level
• Significant consolidation since May 2023
• Major historical resistance levels marked
2. KEY PRICE LEVELS:
• Current Support: ~$0.13-0.14
• First Major Resistance: $0.74760
• Second Major Resistance: $1.65318
3. VOLUME PROFILE:
• Current Volume: 29.45M
• Low volume consolidation phase
• Potential accumulation period
STRATEGIC OUTLOOK:
━━━━━━━━━━━━━━━━
LONG-TERM POTENTIAL:
• Two major upside targets identified
• Historical resistance levels as targets
• Significant upside potential from current levels
RISK CONSIDERATIONS:
• Current downtrend needs reversal confirmation
• Volume increase needed for momentum
• Extended consolidation possible
ENTRY STRATEGY:
━━━━━━━━━━━━━━━━
• Wait for reversal confirmation
• Look for volume expansion
• Consider scaling in on breakout confirmations
RISK DISCLOSURE:
━━━━━━━━━━━━━━━━
Trading involves substantial risk. This analysis is educational and should not be considered financial advice. Always conduct your own research and trade responsibly.
#DAR #Crypto #TechnicalAnalysis #TradingView #CryptoTrading
Tags: @TradingView
Note: The significant upside targets are based on historical price levels. Always use proper risk management and position sizing.
Long term fot ETH could look insaneLooking at the long-term for ETH and assuming that we're putting 5 waves of i, of the highest degree of trend, we could be on an orgasmic wave 5 that IF equal to 1, which is often the case, could reach highs which go past the moon, on to Jupiter and beyond. Keep an eye on it, and let's see if the minor degree of trend of subsequent waves gives us confirmation. Follow for more.
Altcoin season nearly...Based on the weekly comparison of Bitcoin and Ethereum dominance charts, it is quite evident that Bitcoin dominance is declining, leading to the dominance of the king of altcoins, Ethereum. This is exactly the same story that has been going on since 2018 to 2022.
So we can look forward to an interesting alt-season...
BTC and DJI/SPY correlation with markersI am using DJI(Dow Jones Index) as proxy for SPY here to compare it against BTC price movement. The analysis of BTC correlation with indices remain same, if we interchange DJI and SPY.
The Day chart displayed here is marked with vertical lines on the matching lows and highs. As you can see, BTC low or high is perfectly matching with the indices lows/high DATE wise. Sometimes, its off by 1 day earlier or later.
Sometimes, when DJI is at the peak and moving sideways, it is possible that BTC can make small correction and move back to peak. Here caution must be exercised when entering BTC, as the market is yet to correct.
Timing on indices lows and highs, can greatly amplify our returns on BTC price movement.
Stay tuned for my next post, where I'll reveal a list of stocks poised to maximize returns when timed with BTC price movements.
ETH Pump to 7300$Share
You said:
give me analysis and descript signal
use emoji
content for caption
use 200 word in content
ChatGPT said:
ChatGPT
Caption
🚀 Ethereum (ETH) Price Prediction Alert 📊 | Key Levels & Scenarios for 2025! 🌐
Analysis & Signal
The ETH/USD chart shows critical levels of interest as Ethereum gears up for potential moves:
1️⃣ Current Resistance:
🔺 At $4,718, Ethereum faces a major resistance zone. Breaking above this level could signal bullish momentum. Traders should monitor closely for volume confirmation. 📈
2️⃣ Support Zones:
🟢 First key support: $4,035
🟢 Deeper support: $3,159
If prices retrace to these levels, strong buy opportunities may emerge. 📉
3️⃣ Bullish Scenario:
🌟 A breakout above $4,718 could pave the way to a target of $7,382, signaling significant upward momentum into mid-2025. 🚀
4️⃣ Bearish Scenario:
🔻 Failure to hold $3,159 support may see ETH retest deeper levels around $2,946, requiring caution for leveraged positions. ⚠️
Trading Signal:
Buy on dip at $3,159-$3,200 zone with a target of $4,710.
Take profit zones at $4,718 and $7,382.
Use a tight stop-loss below $2,940 to manage risk.
💡 Pro Tip: Watch market sentiment and news catalysts for ETH's next big move!
ETH/USD Main Trend Pamp/Dump Cycles. Accumulation/distributionThe time frame is 1 month. The graph is logarithmic. The main trend is almost entirely from May 2016 (the network was launched on July 30, 2015). Then the “hacking” story and a fork in ETC (initial) and ETH (more centralized).
A week later, ETH will become even more centralized and no longer a cryptocurrency (a true understanding of what a cryptocurrency is). In a year or two, there will be no cryptocurrencies left. No decentralization, complete centralization (substitution of concepts, to achieve the goal).
Coin in coinmarketcap: Ethereum (ETH)
The graph shows accumulation zones and distribution zones. These are not lows and highs. Notice how the percentage of the average of the smart money set and reset prices differs from the percentage of the maximum lows and highs that the “dumb money” is so chasing. Potential lows and highs may need to be considered, but the basic work should focus on average values of the accumulation and distribution.
Here's how this main (long-term trend) looks like on a line chart without “market noise”.
1 cycle of the secondary trend.
The accumulation zone after the distribution started at -92.69
Before the exit from the accumulation and the reversal, it reset at -69%.
It is up to you to use it or just watch from the side. You should always keep it in mind.
Linear chart (trend direction without market “noise”)
Note that the super reset of -69% before the trend reversal on the line chart is simply not visible. This is all local fear for capitulation of “weak hands”.
So at such times you can use it or watch from the sidelines if you feel you are the “weak link”.
Even larger scale between the two cycles.
cycle 2 of the secondary trend Now.
The cycle is now on a larger scale. Note that the price is now down from the high of -82%
Linear graph.
Local secondary trend work now ahead of Paris.
ETH/USD Secondary Trend (part). Pivot zones. Channel. Paris
The ₿itcoin Strategic Playbook: Timing Crypto Market CyclesWhy 4 Years Matters: The Confluence of Cycles
Markets move in cycles: periods of growth and contraction, driven by psychology, supply/demand, and macroeconomic forces.
Two major cycles intersect in the cryptocurrency market:
Bitcoin Halving Cycle: A predictable event every 4 years, reducing Bitcoin's supply. Historically, prices surge in the months following.
US Election Cycle: Presidential elections occur every 4 years, influencing fiscal policy, monetary policy, and investor sentiment.
The strategy leverages the intersection of these cycles for precision timing.
Interplay Between Cycles
Historically, Bitcoin halving’s and US elections have occurred in the same year, creating a "perfect storm" for market volatility and opportunity.
Example: The 2020 halving coincided with the US election, followed by a historic bull market.
This alignment reflects how macroeconomic events can amplify crypto trends, rather than being purely coincidental.
Fundamentals Behind the Halving Cycle
What is Bitcoin Halving?
Bitcoin halving reduces the block reward miners receive by half, occurring approximately every 210,000 blocks (~4 years).
This built-in scarcity impacts Bitcoin’s supply, historically leading to price increases post-halving.
Why It Matters
Historical Trends:
2012: Halving triggered a bull run peaking in 2013.
2016: Halving triggered the 2017 bull market.
2020: Halving led to the 2021 price surge.
Each halving decreases new Bitcoin supply while demand continues to grow.
Altcoins: Following Bitcoin's Lead
Bitcoin’s dominance often peaks post-halving as it leads the market rally.
During the bull phase, altcoins typically follow Bitcoin's lead, offering higher growth potential.
The Role of Elections
Macroeconomic Impacts
Election years bring uncertainty about future policies, creating market volatility.
Policies on inflation, interest rates, and technology affect both traditional and crypto markets.
Why It Aligns with the Halving
The convergence of halving-induced optimism and election-driven uncertainty amplifies market movements.
Example: 2020 saw the halving, COVID-19 stimulus, and election uncertainty, setting the stage for Bitcoin’s explosive growth.
How the Strategy Plays Out
Start at the Bottom (Accumulation):
Look for signs of market capitulation (e.g., extreme fear in sentiment indices, low volume, prolonged price stagnation).
Use indicators like RSI divergence to identify oversold conditions.
Build positions gradually, focusing on projects with solid fundamentals.
Ride the Markup Phase (Bull):
Hold positions as prices rise, following the trend.
Adjust exposure based on market conditions but avoid selling too early.
Exit at the Top (Distribution):
Watch for euphoric sentiment (e.g., excessive media coverage, speculative mania).
Use tools like Fibonacci extensions, volume analysis, or the Fear & Greed Index to identify when to take profits.
Survive the Markdown Phase (Bear):
Avoid buying into dips during the crash.
Preserve capital for the next accumulation phase.
Source: Bitcoin Liquid Index: BNC:BLX
EURUSD PICK-UP MOMENTUM AT SUPPORT LEVELFibre is showing strength at buyers' level. The pair now targeting declining trendline and previous swing high at 1.06000.
N.B!
- EURUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#eurusd
#fibre
NASDAQ-100 NEEDS MORE CLARITY TO MOVE INDEX FORWARD!Last week, the NASDAQ-100 established key levels for both sellers and buyers. As we head into the next trading week, price rejection at either of these levels will likely determine the index's direction. While the weekly outlook remains bullish, a bearish close this week could lead to further deterioration of the index.
N.B!
- NAS100USD price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#nas100usd
#nasdaq
Bitcoin Dominance Cycles: Key Insights: Litecoin, Cardano, PLSDiscover the repeating cycles of Bitcoin dominance and how they correlate with altcoins like Litecoin, Cardano, and Pulsechain. This analysis reveals a potential peak in Bitcoin dominance by March, likely ahead of the broader market cycle top. Could this be the key to timing the market? Dive into the chart and uncover actionable insights for the coming months.
📈 Highlights:
Bitcoin dominance historical cycles
Altcoin trends aligned with dominance shifts
Potential implications for March 2024
🔗 Add your thoughts and share if you find this valuable!
#Bitcoin #Crypto #TradingView #Altcoins #Litecoin #Cardano #Pulsechain #CryptoCycles #BTCdominance"
CRYPTO SUPER CYCLE 2024-2026:BEAR TO BULL ALL WHAT YOU NEED HERE🔄 CRYPTO MARKET CYCLES: MAJOR TRANSITION - FROM BEAR TO BULL 2024-2026
Technical Market Cycle Analysis:
- Current price: $346.31
- Clear transition from bear to bull market
- Three distinct cycles identified: BTC, ETH, ATLS
Market Phase Breakdown:
📉 Bear Market (2022-2024):
- Declining trend complete
- Bottom formation validated
- Accumulation phase ending
📈 Bull Market (2025-2026):
- BTC cycle initiating bull run
- ETH cycle following
- ATLS cycle completing the sequence
Key Observations:
- "Traders confusion" zones marked at critical transitions
- Clear cycle progression: BTC → ETH → ATLS
- Market structure showing higher lows forming
- Volume profile supporting bullish transition
⚠️ Critical Points:
- Major market cycle shift in progress
- Multiple timeframe alignment
- Clear cycle rotation pattern
- Historical pattern repetition
🔔 Market Intelligence:
- Bull market projected until end of 2026
- Three distinct crypto cycles identified
- Clear market phase transitions
- Institutional accumulation evident
#CryptoMarketCycles #BullMarket #TechnicalAnalysis #CryptoTrading #MarketPhases
Want detailed cycle breakdown? 📊FOLLOW ME