๐จETH CME Gap Filled, What's Next?๐จ ๐ CME Gap Filled: ETH has completed its gap fill, a level that often acts as a magnet for price action, and got rejected from the 1,921 resistance.
Key Levels to Watch: ๐ด Resistance: - 1,921 โ Previous rejection zone, breaking above could trigger more upside. - 1,928 โ Strong resistance, if flipped, ETH could aim for 1,950+. - 1,963 โ Major resistance, likely a key level for bulls.
๐ข Support: - 1,878 โ Immediate support, holding here could sustain bullish momentum. - 1,858 โ Another key level, losing this may trigger more downside. - 1,836 โ Deeper support, is crucial to maintain structure.
Whatโs Next? - A break above 1,921-1,928 could fuel a bullish move. - A rejection here might lead to a retest of lower supports around 1,878.
The ETH CME gap has been filled and faces rejection at the $2,152 resistance level. A breakout is needed for further upside; otherwise, failure to break through could lead to a retest of support. ๐ถ
BTC has filled the CME gap, leading to a sharp drop. The price is testing key support at $85,713, with additional levels at $84,977, $84,328, and $83,768.
A break below $85,713 could accelerate downside momentum toward $82,317. Selling pressure remains strong, indicating potential further weakness.
For a bullish recovery, BTC needs to reclaim $90,135 and establish support above it.
ETH has filled the CME gap, leading to a bearish move. The price is now testing key support at around $2,200, with additional levels at $2,170, $2,141, and $2,105. A break below could trigger a further downside toward $2,072. For any short-term bullish reversal, ETH must reclaim $2,327 and establish support above it.
The rejection at $99,500 shows strong seller pressure, pushing BTC into a key decision zone. Price is now near $95,120, with immediate support between $94,451 - $94,020. If this level breaks, a move towards $93,300 is likely, where liquidity pools could provide a reaction.
๐ Indicators: RSI (42.65): Weakening bullish momentum. MACD: Growing bearish pressure with a widening gap.
A strong defense at $94K-$93.3K could trigger a bounce, but if it fails, BTC may target the $88.5k - $85K range. The next few daily closes will confirm the direction.
One trading idea could be that ETH price is going to outperforming bitcoin in the next months if an ALT SEASON is COMMING??? In that Scenario ETH GO EASELY and QUIKLY TO ATH and then TRY to get a few more reasonable targets. Maybe some of those targets could be represent by 80% - 170% . Dont expect super highs targets. Be carefeaul and always do your on reasearch and measure your owns risk for a trade. FINAL TARGET $7500, take some partials before always!!! and then manage properly to your own risk the trade.