ETH-D
CONVO AI AGENT CAN return to its BULL trend.The Prefrontal Cortex Convo agent represents a cutting-edge AI designed for engaging and dynamic dialogues. It combines perception, long-term memory, and decision-making capabilities to provide tailored, context-sensitive replies. In contrast to conventional agents, it thoughtfully determines its responses, facilitating in-depth discussions, remembering details from previous interactions, and making independent choices.
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Complete analysis and review of Ethereumhello friends
We came with Ethereum analysis
As you can see, the price reached good support after a drop and was able to grow.
Now that the price has compressed and created a triangle for us, we are facing two scenarios:
1_ According to the beginning of the upward trend, succeed in breaking the ceiling and move to the specified goals.
2_ The price should fall from here until the support area is determined and then it starts to climb.
In our opinion, scenario 1 is more tolerant.
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M-Signal indicator is starting to converge
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This volatility period for ETH is expected to last until January 26.
However, since the volatility period for BTC is expected to last until January 31, it is expected that it will be important to find support at some point after the volatility period until January 26.
It is showing a downward trend from 3265.0-3321.30, which is an important support and resistance area for ETH.
The key is whether it can quickly rise to or above 3265.0-3321.30 and maintain the price.
If it falls below 3136.41, it is likely to fall near the M-Signal indicator on the 1M chart, so a countermeasure is needed.
Therefore, during this volatility period, we need to check in which direction it deviates from the 3136.41-3321.30 range.
If it is supported near 3136.41, it is expected that there will be an attempt to rise again to the 3265.0-3321.30 range.
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As the downtrend progresses, the M-Signal indicators on the 1D, 1W, and 1M charts have begun to converge.
Therefore, it seems likely that it will diverge again after the volatility period on January 26 or January 31.
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Thank you for reading to the end.
I hope you have a successful trade.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.
Accordingly, the bull market is expected to continue until 2025.
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(LOG chart)
Looking at the LOG chart, we can see that the increase is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we do not expect to see prices below 44K-48K in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
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No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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The "Flippening"The "Flippening" goes back to 2017, a term coined back then referring to a possible future where Ethereum overtakes the marketcap of Bitcoin.
Should that ever occur, it would also take a larger portion of market dominance than Bitcoin
Here's a silly chart, just for fun, imagining that scenario during the current bull market.
The Wyckoff Accumulation Method. And how it can make you money.Richard Demille Wyckoff (1873–1934) was a trailblazer in the early 20th century, known for his innovative technical methods in stock market analysis. He ranks among the five great figures of technical analysis, alongside Dow, Gann, Elliott, and Merrill. At just 15 years old, he began his career as a stock runner for a brokerage in New York. By his twenties, he had already risen to the position of head of his firm.
Wyckoff was a passionate learner of the markets, deeply engaged in tape reading and trading. He closely monitored the market manoeuvres and strategies of the iconic stock traders of his era, such as JP Morgan and Jesse Livermore. Through his keen observations and discussions with these prominent figures, Wyckoff distilled the most effective practices of Livermore and others into a set of laws, principles, and techniques that shaped his trading methodology, money management strategies, and mental discipline.
Mr. Wyckoff noticed that many retail investors were consistently being taken advantage of. In response, he committed himself to educating the public on “the true rules of the game” as dictated by major players, often referred to as “smart money.” In the 1930s, he established a school that eventually evolved into the Stock Market Institute. The primary focus of the school was a course that combined Wyckoff's insights on recognising the accumulation and distribution strategies of large operators with techniques for aligning one’s investments with these influential entities. His enduring principles remain just as relevant today as they were when he first shared them.
“…all the fluctuations in the market and in all the various stocks should be studied as if they were the result of one man’s operations. Let us call him the Composite Man, who, in theory, sits behind the scenes and manipulates the stocks to your disadvantage if you do not understand the game as he plays it; and to your great profit if you do understand it.” (The Richard D. Wyckoff Course in Stock Market Science and Technique, section 9, p. 1-2)
Wyckoff advised retail traders to try to play the market game as the Composite Man played it. He claimed that it doesn't matter if market moves “are real or artificial; that is, the result of actual buying and selling by the public and bona fide investors or artificial buying and selling by larger operators.”
Wyckoff, drawing from his extensive observations of the market activities of major players, imparted several key insights:
The Composite Man meticulously strategises, implements, and wraps up his market campaigns.
He entices the public to invest in a stock where he has built a significant position by engaging in numerous transactions, effectively promoting his stock and creating the illusion of a “broad market.”
To truly grasp the dynamics at play, one must analyse individual stock charts to discern the behaviour of the stock and the intentions of the large operators who influence it.
With dedicated study and practice, individuals can develop the skill to decode the underlying motives reflected in a chart's movements. Wyckoff and his colleagues believed that by understanding the market behaviour of the Composite Man, traders could spot numerous trading and investment opportunities early enough to capitalise on them.
One goal of the Wyckoff method is to enhance market timing when entering a position by predicting an upcoming movement that offers a favourable reward-to-risk ratio. Trading ranges (TRs) represent areas where the previous trend, whether upward or downward, has paused, creating a relative balance between supply and demand. During these TRs, institutions and large professional players gear up for their next bullish or bearish strategies by either accumulating or distributing shares. In both accumulation and distribution phases within TRs, the Composite Man is actively engaged in buying and selling. The key difference lies in the fact that during accumulation, the volume of shares bought exceeds those sold, whereas in distribution, the opposite occurs. The degree of accumulation or distribution ultimately influences the nature of the subsequent movement out of the TR.
Springs and shakeouts typically happen towards the end of a trading range (TR), providing key players in the stock market an opportunity to thoroughly assess the available supply before initiating a markup phase. A "spring" occurs when the price dips below the lowest point of the TR, only to rebound and close back within the range. This maneuver can create confusion among the public regarding the future direction of the stock, allowing major investors to acquire more shares at lower prices. A terminal shakeout, which takes place at the conclusion of an accumulation TR, is essentially an amplified version of a spring. Additionally, shakeouts can happen even after a price increase has begun, characterized by a swift drop designed to prompt retail traders and long-position investors to sell their shares to larger market players.
To sum up, while there is much more to explore on this topic, Richard D. Wyckoff's
groundbreaking contributions in the early 1900s highlighted that stock price movements are largely influenced by institutional players and significant market operators who often sway prices to their advantage. Although many professional traders incorporate Wyckoff's techniques, his comprehensive approach remains underutilised among retail investors, despite his aim to educate the public on the "true rules of the game." His methods for stock selection and investment have proven resilient over time, thanks to their detailed, systematic, and logical framework for pinpointing high-probability, lucrative trades. This disciplined strategy empowers investors to make rational trading choices, free from emotional bias. By applying Wyckoff's principles, investors can align themselves with the strategies of influential "smart money" players, avoiding the pitfalls of being on the wrong side of market movements. Mastering Wyckoff analysis demands significant practice, but the rewards are undoubtedly worthwhile.
PulseChain Unveiled: Scalability, Speed, & its Strategic Rise PulseChain is an Ethereum fork, aimed at addressing some of Ethereum's limitations like scalability and transaction fees. PulseChain was created by Richard Heart, who is also known for founding the HEX cryptocurrency. After years of anticipation, PulseChain's mainnet went live in May 2023. It was accompanied by significant community interest and a substantial airdrop.
Key Features:
Ethereum Compatibility: PulseChain is a full-state hard fork of Ethereum, meaning it replicates the entire state of Ethereum's blockchain, including all transactions, accounts, and smart contracts at the time of the fork.
Proof of Stake (PoS): Unlike Ethereum's previous Proof of Work (PoW) system at the time PulseChain was conceived, PulseChain uses a PoS consensus mechanism, which is more energy-efficient.
Lower Transaction Fees: One of the primary goals of PulseChain is to offer lower transaction fees compared to Ethereum, aiming to make it more accessible for users and developers.
Faster Block Times: PulseChain boasts faster block times (initially aiming for 10 seconds, later adjusted to 3 seconds) than Ethereum, which was intended to improve transaction speeds.
PLS Token: The native token of PulseChain is PLS, which is used for transaction fees, staking, and governance within the network. PLS tokens were distributed through a "sacrifice" phase where users donated various cryptocurrencies to receive PLS.
WPLS Token: The wrapped version of Pulse on PulseChain, known as Wrapped Pulse (WPLS), is a token that allows the native PulseChain token, PLS, to be used on decentralized exchanges (DEXs) and other platforms where native PLS might not be directly supported. This mechanism essentially extends the use of PLS beyond PulseChain's native network, enhancing its utility and reach across different blockchain ecosystems.
Use Cases and Ecosystem:
PulseX: PulseChain launched with its own decentralized exchange (DEX) called PulseX, similar to Uniswap, which allows token swaps on the PulseChain network.
Airdrops: The launch strategy included one of the largest airdrops in history, aiming to duplicate Ethereum-based tokens and NFTs on PulseChain, offering instant utility.
Validators: Users can stake PLS to become validators or delegate their stake to validators, securing the network and earning rewards.
Purpose: WPLS enables PLS to be traded or used in environments that require ERC-20 or similar token standards for compatibility, like certain DEXs on Ethereum or other blockchains.
Trading: WPLS can be bought, sold, and traded on exchanges, providing liquidity for PLS in different ecosystems.
Bridging: Users can bridge PLS from PulseChain to Ethereum (or vice versa) by converting it to WPLS, effectively allowing PLS to interact with Ethereum's ecosystem.
Availability: WPLS can be found on platforms like PulseX, PulseX V2, and other DEXs, with trading pairs against other cryptocurrencies such as Ether (ETH) or stablecoins.
DeFi: Apart from trading, WPLS can be used for yield farming, staking, or any DeFi application where PLS might not be natively supported.
Technical Analysis:
Presently, WPLS suggests a potential double bottom chart pattern. A double bottom formation is a chart pattern used in technical analysis that signals a potential bullish reversal after a downtrend.
Pattern Formation: It consists of two distinct troughs or lows at roughly the same price level, resembling the letter "W". The price drops to a support level, rebounds, then drops back to the same support level before finally rising again.
Support and Resistance: Between the two lows, there's a peak which forms a resistance level. The confirmation of the pattern occurs when the price breaks above this resistance.
Bullish Signal: The pattern indicates that sellers have tried to push the price down but failed twice at the same level, suggesting that buying pressure is starting to overcome selling pressure.
Volume: Ideally, volume decreases on the second bottom and increases significantly on the breakout above the resistance, confirming the reversal.
Trading: Traders might enter long positions when the price breaks above the resistance, setting stop losses below the double bottom to manage risk. The price target can often be estimated by measuring the height from the support to resistance and projecting that distance upward from the breakout point.
In essence, a double bottom pattern suggests that after testing a support level twice, the market might be ready to move upwards, indicating a shift from a bearish to a bullish trend.
Additionally, WPLS has reentered one of the most critical levels of the broader Fibonacci retracement tool, the 61.8% level or the Golden Ratio.
Golden Ratio: The 61.8% level is derived from the Golden Ratio, which is approximately 1.618 or its inverse, 0.618. This ratio is found in nature, art, and architecture, and in financial markets, it's believed to represent a natural balance point.
Support and Resistance: In market analysis, this level often acts as a significant support or resistance. If a price retraces to this level during an uptrend, it might be seen as a buying opportunity, suggesting the previous trend might resume. Conversely, in a downtrend, reaching this level might indicate a potential last chance for selling before a possible reversal.
Psychological Impact: Traders worldwide use Fibonacci levels, creating a self-fulfilling prophecy where many traders watch and act on the same levels, enhancing their significance due to collective market psychology.
Confirmation: A price reaction (bounce or rejection) at the 61.8% level can confirm the validity of the previous trend. If the price doesn't respect this level, it might signal a weakening of the trend or a deeper correction.
Risk Management: Traders often use the 61.8% retracement as a point to set stop-loss orders or to adjust their risk management strategies, knowing it's a level where the market might react strongly.
The 61.8% Fibonacci retracement level is pivotal in technical analysis because it aligns with the Golden Ratio, acts as a key support/resistance point, influences trader behavior due to its widespread use, and can provide insights into potential market turns or continuations. However, like all technical tools, its effectiveness should be combined with other forms of analysis for more reliable trading decisions.
TLDR:
PulseChain, represents a notable attempt to address Ethereum's scalability and transaction fee issues through its full-state hard fork approach, offering lower fees and faster block times. Its native token, PLS, along with its wrapped version, WPLS, extends functionality across different blockchain ecosystems, enhancing its utility for trading, yield farming, and staking. The recent technical analysis indicates that WPLS might be forming a double bottom pattern, suggesting a potential bullish reversal if the price breaks above the resistance formed by the pattern's peak. Furthermore, WPLS's reentry at the 61.8% Fibonacci retracement level, known as the Golden Ratio, adds another layer of significance, potentially acting as a critical support or resistance point. This confluence of technical indicators points towards a pivotal moment for WPLS, where the market could see either a resumption of the prior uptrend or a deeper correction if the levels are not respected. However, while these patterns and levels provide valuable insights, they should be approached with caution, ideally in conjunction with broader market analysis, due to the volatile nature of cryptocurrency markets. The success of PulseChain and WPLS will ultimately depend on ongoing network performance, community support, and the broader acceptance within the DeFi ecosystem.
Ethereum Strengthens: Technical Breakout & Impact of SAB 121Ethereum (ETH) is currently showing signs of potential strengthening after successfully breaking out from a downward trendline that has persisted since December 2024. This breakout indicates weakening selling pressure and the emergence of new bullish momentum, with a psychological target at $4,000 as the next resistance. Technically, the $3,200–$3,400 range now serves as a critical support level that must hold to sustain the upward trend. If prices remain above this support, a rally toward $4,000 or even higher is highly plausible.
Ethereum continues to be the leading platform for tokenization, the process of converting real-world assets such as bonds, stocks, property, or commodities into digital assets on the blockchain. Major companies like BlackRock have begun leveraging Ethereum for tokenizing their financial assets, demonstrating institutional trust in this technology.
A recent fundamental factor supporting Ethereum's adoption is the revocation of SAB 121 by the SEC, which previously required financial institutions to record crypto assets as liabilities on their balance sheets.
SAB 121 (Staff Accounting Bulletin No. 121) was an accounting guideline issued by the U.S. Securities and Exchange Commission (SEC) in March 2022. This guideline was designed to provide accounting direction for public companies and financial institutions holding or managing crypto assets on behalf of clients.
Enforced since March 2022, the rule caused many institutions to hesitate in offering crypto-based services due to its negative impact on financial reporting. With its revocation, institutions now have more flexibility to enter the crypto market, potentially accelerating Ethereum’s institutional adoption, particularly for DeFi applications.
Disclaimer:
This analysis is part of a trading plan and does not constitute trading advice. Always practice good risk management in every trading decision.
Feel free to share your thoughts or request additional analyses. drop a comment below!
$ETH why is it cancelled? Things you porobably need to know.There are several reasons why CRYPTOCAP:ETH is being sidelined—some obvious, others you may not have considered. Here's my analysis.
Let’s be clear: something is wrong in this cycle, and the ETF providers are at the heart of the problem.
The famous line, *"there is no second best"*, rings true—because they ensure no one overshadows their main asset: $BTC.
They’ve already tried to destroy crypto outright—really hard—and failed. The elites are 100% devoted to the USD; it’s their lifeblood. Crypto, especially stablecoins like USDT or USDC, became a competitor, and they did everything possible to wreck the market. When direct attacks didn’t work, they turned to a new strategy: controlling it from the inside.
They embraced crypto, and now they’re making billions off crypto enthusiasts who mistakenly believe these players are here for their benefit. This won’t last forever, but that’s a topic for another day.
Now, let’s address why Ethereum is underperforming—and why it’s likely to continue.
### 1. **Corruption in the Proof-of-Stake System**
All PoS systems rely on staking: the more you stake, the more rewards you earn. Typical staking rewards in crypto average about 10% APR, significantly higher than traditional bank interest rates.
But here’s the catch: these rewards are minted, creating inflation because more coins are constantly being dumped into the market. This results in a class of "retired" investors who stake massive amounts, live off their staking rewards, and sell them without ever touching their capital. This creates constant sell pressure on PoS coins.
The Ethereum Foundation controls how much staking is rewarded. Because it’s run by the same people staking, their vested interest is to keep APRs high, even though this fuels inflation. Ironically, Ethereum’s inflation rivals the USD—a troubling reality for a crypto meant to outperform traditional finance.
### 2. **Ethereum’s Ripple Effect on the Market**
Most altcoins rely on Solidity smart contracts, meaning Ethereum’s performance directly impacts the broader altcoin market. When Ethereum underperforms, it drags down Layer 2 solutions, DeFi projects, and the entire altcoin ecosystem.
Knowing this, why did ETF providers rush to approve ETH ETFs? Simple: *“There is no second best.”*
By taming Ethereum, ETF providers manipulate the market to keep Bitcoin afloat, cancel bear markets, and kill any chance of an altseason. On-chain data shows their strategy: when they buy Bitcoin, they sell Ethereum. This frustrates altcoin holders, pushing them to dump their bags and pivot toward—guess what—Bitcoin.
### 3. **The ETF Trojan Horse**
Ethereum, with its corrupt foundation, is the perfect tool for entities like BlackRock to maintain Bitcoin dominance. By doing so, they effectively prevent bear markets and suppress altseasons.
But this strategy has an endpoint. ETFs will milk the crypto space for as much profit as possible. Once they’ve extracted enough, they’ll dump their holdings, funneling all that capital back into USD. This has been their plan all along.
When that happens, the crypto market—including Bitcoin—will crash. Ethereum’s role has essentially been to funnel cash into Bitcoin, making it easier for institutions to accumulate wealth before transferring it all back into USD.
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In short, Ethereum is being used as a tool in the ETF providers' larger scheme. It’s not about creating a thriving ecosystem but about maintaining dominance, controlling markets, and ultimately cashing out into the USD.
ETH looks for support ... desperately!ETH is in a downtrend on the 4h however completing a large inverse head and shoulder on the daily/4day. With any sign of strength on ETH it could spike huge volume into the the altcoin market. Something many of us have been waiting for. In the meantime focus on the the break trend.
eth midterm range"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
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[[flash crash]]gm,
i’m reaching out today to give you a fair warning based on a concerning cross-market chart structure. the dxy is showing strong signs of strength and looks like it’s gearing up for an upside squeeze, potentially setting the stage for a breakout to levels we haven’t seen in decades.
the implications of this move could trigger a flash crash in both the stock and crypto markets world-wide, reminiscent to that of the covid crash. this time, however, i believe the catalyst will be the combination of elevated rates, inflation, and the looming debt ceiling crisis.
don’t fear the crash,,, it will present a rare buying opportunity for those who are in tune with this wilder market. a strategic player, one who profits from the collapse of this fragile economy, will thrive in these conditions.
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if my forecast is correct, we’ll see the TVC:DXY explode up to 127,,,
while CRYPTOCAP:BTC would lose roughly half of its current value.
🌙
From the Team Behind Shiba Inu: Nothing Can Go Wrong with ShiroSo far, none of the market movement predictions for Shiro Neko have come to fruition, but the project seems to be on the right track. The team has been doing an excellent job, as seen through consistent updates on Twitter and Telegram. It would be great if the creators of Shiba Inu increased their efforts to promote Shiro Neko and boost its visibility.
Remember, this is a new project, and patience is key. Projections suggest that at some point in 2025, Shiro Neko could reach a $10 billion market cap, igniting an unprecedented bullish rally.
We'll continue monitoring Shiro Neko with regular analyses. Be sure to check back often for updates on this token and other promising ones! 🚀 COINBASE:SHIBUSD MEXC:SHIROUSDT
Blockchain - How it works - Understanding Blockchain TransactionUnderstanding Blockchain Transactions 📊🔗
1. Transaction Begins 💸You decide to send some cryptocurrency, sign a digital contract, or transfer an NFT. It all starts with your intent!
2. Broadcast to the Network 🌐Your transaction is sent out to the blockchain's peer-to-peer network, where thousands of nodes (computers) can see it.
3. Nodes to the Rescue 🤖These nodes validate your transaction using cryptographic checks and consensus rules. They're like digital watchdogs!
4. What Can You Transact? 💰📜🎨From cryptocurrencies to smart contracts, or even digital art, blockchain can handle various digital assets.
5. Into the Block We Go 📦Validated transactions are bundled into blocks. Think of each block as a secure container of transactions.
6. Sealed and Secure 🔒Once added to the blockchain, the block becomes part of an immutable ledger. It's like locking your transaction in a digital vault.
7. Chain Reaction ⛓Each new block connects to the last, forming the chain we call "blockchain".
8. Transaction Confirmed 🏁Your transaction is now officially part of the blockchain, recognized by all participants as final.
Remember:
Speed Varies: Depending on the blockchain, confirmation can take seconds or minutes.
Costs Involved: Transaction fees can fluctuate based on network congestion.
Consensus Powers: Different blockchains use methods like Proof of Work or Stake to agree on the chain's state.
This is your basic journey through a blockchain transaction! Whether you're trading, investing, or just curious, understanding this can give you a clearer picture of where your digital assets travel.
It's disappointing !!!Once again, The price action could drop to $3060 and then return to its peak. It will take some time to recover from the damage that these sh*t meme coins have done to the crypto market.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ETHEREUM trapped between MAs but preparing a massive surge.Ethereum (ETHUSD) has been trading since the start of the year within the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line). Despite this technical 'trap', there are two bullish patterns that outweigh this range and those are primarily the Channel Up since the July 18 2022 market bottom and in the last 10 months an Inverse Head and Shoulders (IH&S) pattern.
The latter is in the process of forming the Right Shoulder and as long as the 1D MA200 holds, it should complete it within 6 weeks maximum. On top of that, we have a recently formed 1D Golden Cross and in terms of 1W RSI, we are on similar grounds as January 2024.
On all cases, a strong rally followed in the form of the Channel's Bullish Leg. Assuming it follows the technical target of the IH&S, we are expecting a peak on the 2.0 Fibonacci extension at $7400.
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