Ethereum is Under PressureFenzoFx—Ethereum has lost 4.5% of its value today, erasing gains from the previous trading day. The immediate resistance level is $1,755, in conjunction with the 50-period SMA. The downtrend will likely resume if this level holds, targeting the previous lower lows at $1,370.
Please note that the bearish outlook should be invalidated if ETH/USD exceeds $1,755. If this scenario unfolds, the price may target $1,950.
>>> Trade ETH/USD swap free at FenzoFx Decentralized Broker.
Ethereum (Cryptocurrency)
Gold Faces Key Resistance – Will the Uptrend Continue?📊 XAU/USD Daily Technical Outlook – April 10, 2025
Gold has recently seen a strong rally, reaching an all-time high of $3167 per ounce. However, it encountered significant resistance at the upper boundary of its ascending channel, leading to a sharp pullback after the release of strong U.S. employment data, which boosted the dollar and exerted selling pressure on gold.
Currently, gold is trading around $3050, with key support levels at $2956, $2860, and $2790, which could act as potential bounce points if the decline continues.
📈 Current Market Structure:
After reaching the all-time high, the price has corrected lower. As it approaches the support levels mentioned above, the market may see fresh buying opportunities if these levels hold strong.
🔹 Key Resistance Levels:
$3100: Immediate resistance. A break above this level could signal a resumption of the uptrend.
$3167: All-time high. A breakout above this level would open the door for further gains.
🔸 Key Support Levels:
$2956: First support. The price may bounce at this level if it holds.
$2860: Major support. A failure to hold above this level could lead to further declines.
$2790: Strong support. A drop below this level would signal a shift in the market's direction.
📐 Price Action Patterns:
As the price approaches key support levels, there could be reversal patterns forming, indicating a potential price bounce. It’s crucial to monitor the price action at these levels to spot potential entry opportunities.
🧭 Potential Scenarios:
✅ Bullish Scenario:
If gold manages to hold above $2956 and bounce, the uptrend may resume toward the resistance levels mentioned above.
❌ Bearish Scenario:
If gold fails to maintain the key support levels, the correction could continue, with further declines toward lower support levels.
📌 Conclusion:
Gold is currently testing crucial support levels. Monitoring how price behaves at these levels will be key to determining the next direction. Traders should keep an eye on any economic developments that may affect market sentiment.
💬 What’s your outlook for Gold? Will it continue its uptrend or experience further corrections? Share your thoughts below.
Ethereum Struggles Below $1,700 – Is a Reversal on the Horizon?📊 ETH/USD Daily Technical Outlook – April 9, 2025
Ethereum is currently trading around $1,649, facing resistance near the $1,700 level. After a decline from the $1,800 region earlier this month, ETH/USD has been attempting to find support and establish a base. The market is at a critical juncture, with price action suggesting a potential reversal or further downside movement.
CoinCodex
📈 Current Market Structure:
ETH/USD has been in a downtrend since reaching highs near $1,800 in early April. The pair has formed a series of lower highs and lower lows, indicating bearish momentum. Currently, the price is consolidating just below the $1,700 resistance, suggesting indecision among market participants.
🔹 Key Resistance Levels:
$1,700 – $1,720: Immediate resistance zone. A break above this area could signal a potential reversal and open the door for further gains.
$1,800: Previous support turned resistance. A move above this level would indicate a shift in market sentiment.
🔸 Key Support Levels:
$1,600: Psychological support level. A break below this could lead to increased selling pressure.
$1,500: Major support zone. Holding above this level is crucial for bulls to prevent further declines.
📐 Price Action Patterns:
Ethereum's recent price action suggests the formation of a descending triangle, a bearish continuation pattern. The horizontal support around $1,600 combined with descending highs indicates that sellers are gaining control. A decisive break below the $1,600 support could lead to a measured move targeting the $1,500 area.
🧭 Potential Scenarios:
✅ Bullish Scenario:
If ETH/USD breaks above the $1,700 resistance with strong volume, it could signal a reversal, targeting the $1,800 level. This move would require a shift in market sentiment and increased buying interest.
❌ Bearish Scenario:
A break below the $1,600 support could lead to further declines, with the next target around $1,500. This scenario would confirm the descending triangle pattern and suggest continued bearish momentum.
📌 Conclusion:
Ethereum is at a pivotal point, trading just below key resistance at $1,700. The formation of a descending triangle suggests a bearish bias, but a break above resistance could invalidate this pattern. Traders should monitor these key levels closely and watch for a decisive move to determine the next directional bias.
💬 Do you think Ethereum will break above $1,700, or is further downside ahead? Share your thoughts below 👇
Bitcoin at $83K – Is This the Calm Before the Next Surge or a TrBTC/USD Daily Technical Outlook – April 9, 2025
Bitcoin is currently consolidating just below the psychological $85,000 level after a historic bull run that pushed price to fresh all-time highs. The market is cooling off — not crashing — with price action forming a high-tight flag, often a continuation signal after a vertical move.
However, with momentum slowing and volatility compressing, traders must prepare for a major breakout or breakdown in the coming days.
📈 Trend Structure:
BTC/USD remains in a strong bullish trend. Since the breakout above $69,000 (previous ATH from 2021), the rally has been aggressive and directional — barely giving bears a chance to breathe.
Price has formed a series of higher highs and higher lows, respecting a steep ascending trendline since early February. But now, the pair is coiling near the highs, forming a tight range between $80,000 and $83,500.
🔹 Key Resistance Zones:
$83,500 – $85,000: Immediate resistance; this area has capped price multiple times in recent sessions. A daily close above this zone could trigger the next leg higher.
$88,000: Near-term bullish target based on measured move from recent consolidation.
$90,000 – $92,000: A psychological milestone — and a possible magnet for price if bulls break out cleanly.
🔸 Key Support Zones:
$80,000: Round number support — the floor of the current consolidation.
$76,500: Previous breakout zone and minor demand area.
$72,000 – $74,000: Major support and ideal re-test level if BTC corrects — where many sidelined bulls are likely waiting to buy in.
📐 Technical Pattern:
Bitcoin is forming a high-tight flag — a bullish continuation pattern typically found after strong vertical rallies. The range is tightening, volume is dropping, and volatility is compressing — classic signs that a volatility expansion is coming soon.
A breakout above $83,500–85,000 would confirm the flag and likely ignite a sharp move to FWB:88K or higher. On the flip side, a breakdown below $80K could send price to retest $76.5K or even $74K — which would still be healthy within the broader trend.
🧭 Scenarios to Watch:
✅ Bullish Scenario:
A breakout and daily close above $85,000 would confirm the continuation pattern, targeting $88,000 first, then $90,000+. Volume and candle structure will be key to confirming the move.
❌ Bearish Scenario:
If price fails to break out and instead drops below $80,000, a correction could unfold toward $76,500 or even $74,000 — presenting a potential re-entry opportunity for long-term bulls.
📌 Conclusion:
Bitcoin is trading near all-time highs in a classic consolidation phase. Price action favors the bulls, but the breakout hasn’t confirmed — yet. Whether BTC breaks above $85K or drops below $80K will likely define the next major swing.
As always, let the candles tell the story — and don’t chase, wait for confirmation.
💬 Are we about to see Bitcoin above $90K? Or is this distribution in disguise? Drop your thoughts 👇
Litecoin LTCUSD Completing Final Leg Down Before LaunchAs you can see Litecoin is forming a very similar pattern. I think the rest of March will be corrective. Litecoin will likely come down and bounce off the trend line which coincidental also is a major support level. April will be slightly bullish, May and June will be majorly bullish which I believe Bitcoin will also fly up to 140k as well in this time. I believe Litecoin will outperform the majority of the market. Major hyperinflation will begin this summer which will be very positive for crypto. Many cryptos will die in this hyperinflation period. Only some will survive. Dollar is going to crash. Get ready for a wild ride into 2026. People calling for a bear market are ill informed and will kick themselves for selling. This is the beginning of the biggest run in some cryptos, we've ever seen. Buckle up. Good luck. Not financial advice.
Ethereum Surges Past Resistance as Trump Halts Tariff Plans..!🚨 **Market Update** 🚨
President Donald Trump has announced a 90-day pause on the full effect of new tariffs for certain countries, and the markets are reacting strongly! 📈 Both the stock and crypto markets are surging as a result.
Right now, Ethereum is testing the $1600 resistance level on the 1-hour timeframe. 💥 Our trading strategy is to let it break the resistance and sustain above it, then look for a solid entry on the pullback.
Stay tuned and trade wisely! 🚀💰
Ethereum - Short Term Sell Trade Update!!!Hi Traders, on April 8th I shared this idea "Ethereum - Expecting Retraces Before Prior Continuation Lower"
I expected retraces and further continuation lower until the two Fibonacci resistance zones hold. You can read the full post using the link above.
The bearish move delivered, as expected!!!
If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀
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Ethereum (ETH) Forecast with NEoWave1M Cash Data Chart
Based on the price size of wave-B, it appears that a flat pattern with a regular wave-B is forming. In this pattern, wave -C typically retraces the entirety of wave -B, though a flat with a C-failure may occur at times.
Our primary scenario suggests that wave -C could conclude within the 1000–1200 range, indicating a flat with a C -failure. However, if the price breaks strongly through the 1000–1200 range and consolidates below this level, wave-C might extend to the 700–807 range.
Fil has BottomedTraders,
Like it or love it, this is an unpopular opinion in a sketchy time in the market. Regardless, our team thinks we have bottomed for alt, its discount season! You name it and it is at the bottom!!
We hope you enjoy a little hopium in these uncertain times!!
Stay Profitable,
Savvy!
Level to watch The market is currently at a critical juncture, facing a pivotal decision: either rallying back to 90,000 or breaking the key support level at 73,800.
Previously, I highlighted a potential top once the market reached 100,000, with an initial target around 74,000, which the market has already breached twice. At this stage, it’s a fierce battle between the bulls and the bears, making it challenging to predict the next move.
A rally from here could push the market back into the 85,000-90,000 range. If it breaks through 90,000, there’s potential for a climb to 108,000, possibly even 125,000.
On the other hand, a break below the crucial support at 73,800 could signal a deeper correction, potentially bringing the market down to 48,000.
I've been short on ETH and XRP, expecting a more bearish trend for both. ETH has already hit its target, while XRP could potentially drop back to 0.45.
The upcoming days will certainly be fascinating to watch.
Just In: $CORE Surges 15% Becoming The Top Performing AltcoinAlbeit the bloodbath besieging the crypto market, one asset stood tall defying market odds surging 15% today with about 86.58% increase in 24 hours volume. "CORE" or Satoshi Core is a L1 blockchain that is compatible with Ethereum Virtual Machine (EVM), therefore it can run Ethereum smart contracts and decentralized applications (dApps).
With increased volatility today, MIL:CORE stood different surging 15%. The asset still has room for a continuation trend as hinted by the RSI at 59.
In the case of cool-off, the 38.2% Fibonacci retracement level is a suitable point for consolidation further selling pressure could push it lower to the 1-month low axis. Similarly, should MIL:CORE break above the 1-month high pivot, the $1 resistant will be feasible, therefore, attainable.
Core Price Live Data
The live Core price today is $0.476759 USD with a 24-hour trading volume of $71,813,902 USD. Core is up 13.98% in the last 24 hours, with a live market cap of $476,107,555 USD. It has a circulating supply of 998,633,921 CORE coins and a max. supply of 2,100,000,000 CORE coins.
ETHEREUM BEARISH BREAKOUT|SHORT|
✅ETHEREUM keeps falling
Down and the price made a
Bearish breakout of the
Key horizontal level of 1600$
And the breakout is confirmed
So we are bearish biased
And we will be expecting a
Further bearish move down
SHORT🔥
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Ethereum may targetting 400$Why would we think otherwise when we look at this graph?
Perhaps only large companies like Blackrock can change the fate of Ethereum.
* The purpose of my graphic drawings is purely educational.
* What i write here is not an investment advice. Please do your own research before investing in any asset.
* Never take my personal opinions as investment advice, you may lose your money.
Solana vs. Ethereum: Why Investors Are Turning to Solana in 2025In recent months, a growing shift in sentiment has been observed among crypto investors: many are increasingly eyeing Solana (SOL) as a strong alternative to Ethereum (ETH). The comparison chart above, plotting Solana’s price action alongside Ethereum's, reveals that despite ETH retracing back to October 2023 levels, SOL is still holding higher support zones—a sign of relative strength and growing market confidence.
But why exactly is Solana capturing investor attention more than Ethereum in 2025? Let’s dive into the technical, fundamental, and sentiment-driven reasons behind this evolving preference.
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📊 Technical Outlook: Solana Holding Strong
Ethereum (red line) has dropped back to its October 2023 price levels (~$1500), reflecting a broader altcoin weakness.
Solana, on the other hand, is still trading above $100, even though the macro market has turned bearish.
SOL has tested and respected the long-term ascending trendline that began in early 2023, while holding above a key horizontal support near $68–$82.
This divergence in structure suggests stronger buy-side interest and support zones forming on Solana, while Ethereum appears to be losing momentum.
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🧬 Fundamental Comparison: Solana vs. Ethereum
Solana’s technical design gives it a speed and cost edge that appeals to users and developers building consumer-facing applications like NFTs, GameFi, and micro-transactions. Ethereum remains the institutional and DeFi heavyweight, but it’s starting to feel the pressure of competition in usability and scalability.
___________________
💬 Investor Sentiment: What’s Driving the Shift?
User Experience
Solana offers near-instant confirmation and negligible fees, making it ideal for gaming, NFTs, and mainstream use cases. Ethereum's scaling solution rollouts are still clunky and fragmented (Layer 2s like Arbitrum, Optimism, etc.), creating friction.
Vibrant Ecosystem Growth
Solana’s ecosystem is experiencing a boom in dApps, especially with high-profile launches like Jupiter, Marinade, and Phantom wallet integration. The mobile-first approach (Saga phone initiative) and deeper ties with consumer apps are also pushing adoption.
Performance During Market Pullbacks
As seen in the chart, SOL is showing relative strength during market corrections, indicating long-term accumulation rather than panic selling.
Narrative Momentum
The "ETH killer" narrative has found new life with Solana's resurgence. While Ethereum focuses on L2 scaling and abstract complexity, Solana is betting on a simpler, high-performance monolithic chain.
$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.
ETHUSD downtrend continuation below 1,724The ETH/USD pair is exhibiting a bearish sentiment, reinforced by the ongoing downtrend. The key trading level to watch is at 1,724, which represents the current intraday swing high and the falling resistance trendline level.
In the short term, an oversold rally from current levels, followed by a bearish rejection at the 1,724 resistance, could lead to a downside move targeting support at 1,409, with further potential declines to 1,350 and 1,265 over a longer timeframe.
On the other hand, a confirmed breakout above the 1,724 resistance level and a daily close above that mark would invalidate the bearish outlook. This scenario could pave the way for a continuation of the rally, aiming to retest the 1,840 resistance, with a potential extension to 1,926 levels.
Conclusion:
Currently, the ETH/USD sentiment remains bearish, with the 1,724 level acting as a pivotal resistance. Traders should watch for either a bearish rejection at this level or a breakout and daily close above it to determine the next directional move. Caution is advised until the price action confirms a clear break or rejection.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Ethereum - Expecting Retraces Before Prior Continuation LowerH1 - Bearish trend pattern in the form of lower highs, lower lows structure.
Strong bearish momentum
Lower lows on the moving averages of the MACD indicator.
Expecting retraces and further continuation lower until the two Fibonacci resistance zones hold.
If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀
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Retard Finder Coin (RFC) Surges Over 230% in Last One Week Retard Finder Coin (RFC) continues its explosive rally. The meme coin has surged 44.20% in the last 24 hours. In the last 7 days, RFC has gained 231.38% and 254.63% over the last 30 days.
As of now, RFC trades at $0.03901 with a market cap of $37.6 million and its daily trading volume has reached $14.79 million. Circulating supply stands at 961.55 million RFC out of a total 1 billion tokens.
RFC is a meme coin with no utility. It was created purely for entertainment. Inspired by meme culture, it aims to bring humor to the crypto space. The token has a large online community with over 660,000 followers.
The coin gained traction alongside a broader crypto market recovery. Bitcoin climbed back to $79,000 after dropping below $75,000 due to recent tariff announcements by Trump. Ethereum now trades above $1,500, XRP above $1.80 as the overall market continues to recover.
Technical Analysis
RFC reached a recent high of $0.06991 on April 6th. After the peak, it dropped sharply to $0.01476. Since then, the price has been recovering steadily. However, the last two hours have shown bearish movement.
Watch closely as the price approaches key levels as the coin needs to reclaim momentum to retest the previous high. If RFC gains strength again, it could return to $0.06991 and possibly surpass it. This would need a strong support for price to get a rejection from and get enough strength to break above a key swing high
Potential Support Zones
Currently, support lies at the 1-hour demand zone and a fair value gap (FVG) lying above at around $0.03000. If price breaks below this level key support area, it may fall further to the 2-hour FVG at $0.01884.
This zone could serve as a key support area for bulls to regroup. If the price confirms a bullish reversal at either level, RFC could resume its upward trend. Failure to hold support in any of the levels may lead to a deeper retracement.
Key levels to monitor remain around these support zones. In summary, RFC continues to draw attention despite its lack of utility. The coin rides the meme wave and strong community support. While short-term volatility persists, these key technical levels offer potential entries for bullish continuation.
ETHEREUM (ETHUSD): Strong Bullish Move Ahead?!
It looks like we have a valid liquidity grab after a test
of a key weekly structure on Ethereum.
After a false violation of the underlined area,
the price formed a cup and handle pattern
and violated its neckline with a bullish imbalance on an hourly chart.
I think that the market can remain bullish and reach at least 1700 level.
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