Get started

Ethlong

SUI - to continue the bullish structureWe have let things develop and it seems as it is indeed bullish, I don't really know what to say else only the ETF approval/disapproval could shake this market currently. The correlation between BTC and NVIDIA is also not something you can just ignore but currently I don't think even a miss on NVIDIA earnings could make crypto worry. Looking at SUI now we got the needed change of strucutre and left a FVG and a demand on the way up. We want to bid this demand. With the last push upwards yesterday during the night we grabbed the liquidity from above and a push upwards to $1.26 should be possible after a smaller pullback. Alerts are set ✅
Long
by stromm
Ether Eyes $10,000: Could ETFs Be the Key, But Will We Have to WEther (ETH), the world's second-largest cryptocurrency, has been on a rollercoaster ride in recent years. After reaching all-time highs exceeding $4,000 in 2021, it has experienced significant volatility alongside Bitcoin. However, a new factor could propel ETH to new heights: the potential approval of Ether-based exchange-traded funds (ETFs) in the United States. Why ETFs Matter for Ether ETFs are investment vehicles that track the underlying value of an asset, like a basket of stocks or commodities. A successful Ether ETF would allow investors to gain exposure to ETH's price movements without directly buying and holding the cryptocurrency itself. This could be a game-changer for several reasons: • Increased Accessibility: ETFs offer a familiar and regulated investment avenue for traditional investors who might be hesitant to enter the complex world of cryptocurrency exchanges. This broader investor base could significantly increase demand for ETH. • Institutional Investment: The approval of ETFs would likely pave the way for institutional investors, such as pension funds and hedge funds, to allocate a portion of their portfolios to ETH. This influx of institutional capital could dramatically boost ETH's price. • Enhanced Credibility: A green light from the U.S. Securities and Exchange Commission (SEC) for Ether ETFs would signify a level of regulatory acceptance for the cryptocurrency. This could bolster investor confidence and fuel a broader market rally. The $10,000 Dream: A Catalyst for Ether Analysts believe a well-structured Ether ETF could be the catalyst that pushes ETH towards the coveted $10,000 mark. Here's why: • Demand Surge: As mentioned earlier, increased accessibility and institutional investment through ETFs could create a significant surge in demand for ETH, driving the price upwards. • Supply Squeeze: Unlike Bitcoin, with a capped supply of 21 million coins, Ether has an issuance mechanism that creates new coins regularly. However, the recent Ethereum upgrade to Ethereum 2.0 is expected to significantly reduce the rate of new ETH issuance. This potential supply squeeze, coupled with rising demand, could propel the price. • Market Sentiment: A successful Ether ETF launch could trigger a positive feedback loop in the cryptocurrency market. Increased media attention and investor interest could further amplify the price rise. The Roadblock: Navigating the SEC Maze While the potential benefits of Ether ETFs are undeniable, the road to approval is likely to be long and winding. The SEC has historically been cautious about cryptocurrency ETFs, citing concerns around market manipulation and underlying asset custody. Several Bitcoin ETF applications have been rejected in the past, and the process for Ether ETFs is expected to be similarly rigorous. 2025 on the Horizon: A Waiting Game for Investors Experts predict that the SEC's approval process for Ether ETFs could drag on until 2025. This delay could dampen investor enthusiasm in the short term. However, it also presents an opportunity for the cryptocurrency industry to address the SEC's concerns and build a stronger case for regulation-compliant Ether ETFs. The Takeaway: A Long-Term Play with High Stakes The potential arrival of Ether ETFs in the U.S. is a significant development for the cryptocurrency market. While the wait might be long, the potential rewards for ETH's price could be substantial. Investors interested in this space should closely monitor regulatory developments and conduct thorough research before making any investment decisions. This article is for informational purposes only and should not be considered financial advice. Always consult with a qualified financial professional before making any investment decisions.
COINBASE:ETHUSDLong
by bryandowningqln
4
This. Is Actually Bullish. But First. One More Liquidation? Traders, I'm seeing this on the Bitcoin chart as well (future post). But here on Ethereum we are in a bullish descending wedge. It should break to the upside soon. However, careful going all in just yet. My spiny senses are telling me we could have one more liquidation of longs incoming before all lights are green. Our .618 fib level seems to be holding well so, this might look like a quick wick down during the course of the day touching that bottom part of the descending triangle or even possibly the 200 day sma. Get ready to pull the trigger on those buy orders if that happens or even if it doesn't. Stew
COINBASE:ETHUSDLong
by stewdamus
2
#ETH/USDT#ETH The price is moving in a bearish channel on the 12-hour frame and is sticking to it well There has been a good bounce from the lower channel limit. Some minor correction is expected before completing the rise We have a tendency to stabilize above the Moving Average 100 We are oversold on the RSI indicator and we have a downtrend that is expected to break higher to support the rise Entry price is 3100 The first target is 3400 Second target 3670 Third goal 3990
Long
by CryptoAnalystSignal
1
ETHUSD Investment Plan - 05/May/2024Hello Traders, Hope you all are doing good!! I expect ETHUSD to go Up after completing this correction. Look for your BUY setups around the marked zone. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
COINBASE:ETHUSDLong
by For3xScalper