XRP Breakout Alert! Time for a 40% Move?OKX:XRPUSDT.P has been trading inside a parallel channel for 66 days since January 16, 2025. Now, the price is breaking out to the upside!
💡 The key strategy here is waiting for a retest if the price successfully flips the channel into support, it could be the perfect entry for a strong upward move.
📈 Potential upside? 40%+ if the breakout holds and momentum kicks in!
🔍 Watch for:
✅ Retest & confirmation of support
✅ RSI & momentum indicators aligning
✅ Heatmap support
✅ Gold cross of MA 200-D/50-D
Are you catching this move? Share your thoughts in the comments! 🚀🔥
Altseason
Is altseason soon?Hi, traders 👋
I’d like to share my thoughts and observations regarding Bitcoin dominance and the timing of the long-awaited altseason.
In general, I like to determine the phase altcoins are in by analyzing one of the oldest representatives of this group — Litecoin.
Like other financial instruments, cryptocurrency tends to follow certain patterns. Although each cycle comes with its own unique characteristics, historical similarities are often present.
Let’s take a look at the Litecoin chart.
When reviewing the chart, we can see a number of similarities with the previous cycle. Based on this, and if we assume that markets are cyclical and certain chart patterns and behaviors tend to repeat, it appears we are currently either in the equivalent of March or September 2020.
The case for March is supported by the fact that we haven’t yet seen a final liquidity sweep according to the Wyckoff model — the so-called “spring” phase. On the other hand, the case for September is supported by the timing following the end of the previous bear market phase.
Now, let’s take a look at the Bitcoin dominance chart.
In this cycle, the dominance chart has been showing clear and reliable chart patterns.
The pattern that has been forming since November 21, 2024, could potentially be either a Wolfe wave or an ending diagonal triangle according to Elliott Wave theory. At the moment, waves 1, 2, and 3 are clearly visible, and wave 4 is currently in the process of forming. There is also a clear alternation between waves 2 and 4, which strengthens this observation.
If the assumption about the Wolfe wave pattern is correct, we should still see one final push higher in Bitcoin dominance as part of wave 5. This would likely lead to a further decline in altcoins. In that case, referring back to the Litecoin chart analysis, it would confirm that we are currently in the equivalent of March 2020.
I’m glad to share my observations with you.
BTC Dominance at Critical Level – Altcoin Rally Incoming?🚀 Hey Traders! 👋
If you find this analysis valuable, show some love by smashing that 👍 and hitting Follow for high-probability setups that actually deliver! 💹🔥
BTC Dominance Update:
We’re seeing a rising wedge formation on the daily timeframe—a classic bearish pattern. Right now, BTC.D is testing resistance, and if it rejects here, we could see an explosive Altcoin rally! 🚀
📉 Breakdown = Altseason incoming!
🚨 Invalidation: A break and close above 62.5 would cancel this setup.
What do you think about this? Let me know in the comment section.
👉 Stay ahead of the game! Follow us for real-time updates and pro-level trade setups. Let’s dominate the markets together! 💪🔥
Long Blub - Sui OG MemecoinDisclaimer: Ultimate Degen Play
Memecoins are leveraged plays on the Blockchain - and the OG Community Memecoin on Sui is undoubtedly Blub.
Sui is the fastest horse in this Crypto Cycle and when AltSeason finally kicks off, the community memecoins will reap all of the rewards.
The 3D chart on Blub shows the long downward wedge pattern just broke, and if we are finally entering AltSeason, you won't want to miss out on this opportunity.
ACXUSDT – Resistance Zones Marked on the Chart!
“Key levels ahead—will resistance hold or will we see a breakout?”
🔥 Key Insights:
✅ Resistance Zones Clearly Defined – Watch for strong reactions.
✅ Rejection = Short Setup – Only with LTF breakdown + CDV confirmation.
💡 The Smart Plan:
Focus on LTF (15M & 1H) Price Action – Breakout or rejection will be clear there.
Use CDV & Volume Profile – Don’t trade blindly, follow the data.
Let the Market Show the Way – We react, not predict.
“Patience + Smart Entries = Winning Trades—watch the chart, trade the plan!” 📉
A tiny part of my runners:
🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
📊 BTC.D: Retest of Key Area Highly Likely
I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
GUSDT – Blue Boxes Mark the Resistance Zones! “We're at a critical level—can buyers push through or will resistance hold?”
🔥 Key Insights:
✅ Blue Boxes = Resistance Zones – Expect strong reactions here.
✅ Rejection = Short Setup – But only with LTF breakdown confirmation.
💡 The Smart Plan:
Watch Lower Time Frames (15M & 1H) – Look for breakouts or rejections.
CDV & Volume Profile Must Align – Smart traders wait for confirmation.
React, Don’t Predict – Trade based on what the market shows.
“Patience and confirmation are key—let’s see what the blue boxes tell us!” 📈🔥
A tiny part of my runners:
🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
📊 BTC.D: Retest of Key Area Highly Likely
ALTSEASON Party like 2021 is about to start.This is the unique ratio of the crypto total market cap excluding the top 10 against Bitcoin.
The market is consolidating for 7 straight weeks after rebounding on the top of the former Triangle of the previous Cycle.
Basically it this bearish leg is almost identical to October-December 2020. This kickstarted the Altseason of 2021.
We expect a similar altcoin rally to start as in 2021.
Follow us, like the idea and leave a comment below!!
TIAUSDT – Weak at Key Weekly Level! More Downside Ahead?TIAUSDT – Weak at Key Weekly Level! More Downside Ahead?
“This chart looks weak—momentum favors the downside. But is there a bounce first?”
🔥 Key Insights:
✅ Sitting at a Critical Weekly Zone – A breakdown here could be brutal.
✅ Momentum Looks Bearish – No real strength from buyers.
✅ Only Considering Low-Risk Buys – Fibonacci Green Zone (0-0.5) is the ideal cheap area.
💡 The Smart Plan:
Looking for a Break & Retest Downward – If support cracks, shorts become clear.
Small Risk Buys from the Fibonacci Zone – Only for aggressive traders.
CDV & Volume Profile Must Confirm – No buyers? No trade.
“Weak price action, heavy risk. Only the right levels matter here—watch closely!” 📉🔥⚠️
A tiny part of my runners;
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
PENGUUSDT – Blue Box Looks Good, But Be Careful!“Hype alone is NOT a strategy confirmation is everything! Blue box is a potential entry, but fundamentals matter.”
🔥 Key Insights:
✅ Blue Box = Possible Support – But we don’t rush in blindly.
✅ News-Driven Pumps Are Risky – If you haven’t heard, Google "PENGU ETF" and catch up.
✅ Only Trading with Confirmation – CDV, LTF breakouts, volume profile NO exceptions!
💡 The Smart Plan:
If Structure Confirms → Long from Blue Box – We trade levels, not emotions.
If Fake Pump → Stay Away – News pumps dump hard if there’s no real support.
Volume & CDV Must Align – Real buyers must show up, or we pass.
“No confirmation, no trade! We stay smart while others get caught in FOMO.” 🚀🔥🐧
A tiny part of my runners;
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
BANANAUSDT – 344% Volume Surge at Key Resistance! “Big volume, big levels—but we don’t FOMO, we wait for confirmation!”
🔥 Key Insights:
✅ 344% Volume Spike – Something is brewing, but is it real?
✅ Major Resistance Zone – This level decides the next big move.
✅ Confirmation is Everything – No breakout? No trade.
💡 The Smart Plan:
Wait for a Clean Break & Retest – No confirmation, no entry.
Watch CDV & Volume Profile – If buyers are serious, we see it here.
LTF Breakout = Green Light – Structure > Hype, always.
“Volume is explosive, but resistance is strong. We wait, confirm, and strike smart!” 🔥
A tiny part of my runners;
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
PDAUSDT – Liquidity Grab & Rejection! Watching for Shorts🚨 PDAUSDT – Liquidity Grab & Rejection! Watching for Shorts 🚨
“Classic move—liquidity swept, rejection confirmed. Now, we hunt for the breakdown!”
🔥 Key Insights:
✅ Liquidity Cleared – No more excuses for price to push higher.
✅ Resistance Holding Strong – Sellers stepping in, rejection in play.
✅ LTF Breakdown = Entry Signal – We wait for structure, not emotions.
💡 The Game Plan:
Monitor 1H Downward Breakouts – Confirmed weakness = sniper short entries.
CDV & Volume Profile Must Align – Smart money must support the move.
Retest of Broken Support = Ideal Short – Precision matters, no chasing.
“Patience wins. If the structure confirms, we pull the trigger—clean & calculated!” 🚨🔥📉
A tiny part of my runners;
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
$DOGE - Bear Trap BuyReposting my analysis from 3/8 as it was delisted b/c I referenced a non-TV external account. Also, a disclaimer since I've quickly discovered that people like to chirp and demean ideas on TV:
This is an IDEA. I maintain bull and bear cases for every underlying I analyze. My opinion about an underlying can change exceedingly quickly based on price action and how price's evolution either confirms or violates TREND (I define trend scholastically, NOT inferentially). I also may have 1 directional opinion about a security's higher timeframe and an opposing directional stance about a lower TF. Markets are fractal. Any serious trader/analyst understands what I'm articulating. This business is NOT about predicting. It is about understanding participant psychology, order flow, statistical distribution, risk vs. reward, profit margin, and probabilities.
With that said, here's my post from 3/8:
This is a technical (supply/demand) setup and is not a fundamental endorsement for CRYPTOCAP:DOGE ownership. $DOGE/USD (and crypto more broadly) has declined markedly (~60%) from December '24 highs. Late last month, low-quality daily demand (0.2021-0.1853) produced a minor bounce. DOGE quickly found sellers in advance of the opposing 1D supply zone (0.2428-0.2615), though, and was rejected. DOGE/USD appears poised for further near-term downside, with the weekly RSI threatening the 40 level.
If DOGE/USD presses lower and trades < 0.1813, the next pocket of daily demand = 0.1700-0.1419. More significantly, DOGE has a well-formed weekly buy zone @ 0.1513-0.1280. DOGE/USD's intermediate-term uptrend is controlled by 0.0805 (low of the corrective segment 3/25/24 - 8/5/24). Trend-continuation buying is valid within the bounds of the corrective segment, which DOGE traded into in early Feb. Buys are supported by 78.6% and 88.6% Fibonacci retracement levels and, to a lesser degree, Anchored VWAP + 1W Bollinger Band lower bound (not pictured).
Given crypto's broader price action and bearish momentum, confirmation entries are recommended. Potential buyers, depending on risk tolerance, should reference intraday timeframes for trend reversal signals vs. "catching a falling knife". Should DOGE bottom, preliminary target (T1) would be in advance of weekly supply @ 0.2398-0.2874 (use LTFs to refine and ID smaller sell zones that could challenge a rally). Trading > 0.2874 sets the stage for higher prices, with T2 supply 0.3288-0.3648. If DOGE/crypto approach T2 prices with significant bullish momentum (reference RSI), we could see subsequent prints in excess of December's 0.4846 high.
As always, feedback's welcome. Godspeed!
JHart
ETH - AltSeason confirmed?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
🔹 As per my last ETH analysis (attached to the chart), we expected that if $2,000 was broken to the upside, altseason would begin! 🚀
Now, ETH has been trading within the rising channel (marked in orange).
📈 As long as the lower orange trendline holds, the bulls remain in control, creating room for altcoins to surge!
💭 Do you think Altseason is confirmed, or is this just a bull trap? 🤔
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
The Fed Cuts Balance Sheet Runoff by 80% - BULLISH!RISK-ON 🚨
I’m seeing so many people incorrectly analyzing the September 2019 emergency repo OMOs, which were short-term liquidity injections from the Fed, and then comparing it to the price of BTC going down, before QE officially started in March 2020 because of the pandemic.
Here’s what really happened.
September 15, 2019 was a tax deadline, pulling ~$100B out of markets as large corporations paid the IRS and funds flew into the TGA.
Meanwhile, the Treasury issued new T-Bills to rebuild cash reserves following the post-debt ceiling resolution in August, draining another $50-100B as big banks and institutions absorbed the securities.
During this time, the Fed continued reducing its balance sheet (QT) down to $3.76T, but the balance sheet did not leave enough slack for unexpected cash drains to the system, such as corporate taxes and Treasury issuance.
Unfortunately, the Fed was flying blind and did not have a hard number estimate for “ample reserves” in the banking system.
These reserves were largely hoarded by a few of the larger banking institutions due to Liquidity Coverage Ratio (LCR) rules and a higher IOER at 2.1% vs the ON RRP rate of 1.7% - a 40 bp spread.
This caused a liquidity crisis in the US repo market because bank reserves held at the Fed ($1.36T) were too low and repo lending dried up. Banks weren’t able to access each other’s reserves to fund daily operations.
SOUND FAMILIAR !?
The US just resolved its CR to avoid a government shutdown, and they will be refilling the TGA by issuing new T-Bills. The reverse repo facility is also nearly drained.
Today, we heard the Fed will be reducing its securities runoff from $25B - SEED_TVCODER77_ETHBTCDATA:5B on April 1st, an 80% adjustment.
One of the main drivers is they wanted to get ahead of another 2019-style repo crisis (although they won’t say this), rather than being reactive and having to perform emergency OMOs once again.
Now to go back to my original point with people saying the Fed reducing its balance sheet runoff is a big nothingburger based on BTC price action in 2019.
BTC dumped because of the repo crisis, NOT because markets needed QE.
By early 2020, the liquidity crisis was resolved, and BTC pumped ~45% before the pandemic hit in March and nuked the chart.
Proof is in the pudding - just look at the 2017 bull market.
QT started in October 2017, and the market ripped until early 2018.
The Fed reducing its balance sheet runoff by 80% is definitely a signal of risk-on for educated market participants, as it leaves more reserves in the financial system, which gives banks more liquidity to loan the market.
i.e. M2 go up.
But keep listening to your favorite large accounts who are all of a sudden macro gurus, what do I know 🤓
Potential long trade $DAGPA UPCOM:DAG doesnt look like it used to be, but the company is still hard working & evolving.
If UPCOM:DAG breaks $0.05 with power, i could really see UPCOM:DAG go to $0.20
@ the end of Q1 they are going to activate staking, the change in metanomics will push the price higher. Significant amount of UPCOM:DAG will be burnt.
Also UPCOM:DAG will launch its own DEX end March/April. With the token ECONOMICS:PACA , because of this the network will be used more.
Things to look out for this year:
* Delegated staking ⏳
* Constellation's DEX ⏳
* Panasonic Metagraph ⏳
* Sentiment Metagraph ⏳
* USA National DigiFoundry Metagraph to mainnet ⏳
* Intrana Metagraph to mainnet ⏳
* Upsider Ai Metagraph to mainnet ⏳
* Cyberleet Metagraph to mainnet ⏳
* BioFi Metagraph to mainnet ⏳
ARB/USDT – The zone is interesting for starting accumulation.Arbitrum - is an Ethereum layer-two (L2) scaling solution. It uses optimistic rollups to achieve its goal of improving speed, scalability and cost-efficiency on Ethereum. Arbitrum benefits from the security and compatibility of Ethereum. Another benefit is the higher throughput and lower fees compared to Ethereum. That is made possible thanks to moving most of the computation and storage load off-chain.
Arbitrum’s native token is called ARB and is used for governance. Offchain Labs, the developers behind Arbitrum, announced the shift to a decentralized autonomous organization (DAO) structure — the Arbitrum DAO. ARB holders can vote on proposals that affect the features, protocol upgrades, funds allocation and election of a Security Council.
CoinMarketCap : #51
The hyped-up Arbitrum! 😂
📉 January - February - March 2024: Bloggers trapped a huge number of people, and now we’re seeing a massive -87% decline!
Looking at the main trend, a large descending channel is forming. The price is currently at the support of the inner channel, and if the market makes a final liquidity grab with a downward wick, the price could head toward the support of the outer channel, targeting a -30% drop.
In my previous trading idea, I marked the 1.1552 zone, which is exactly where the price reversed. Everything is marked on the chart—the potential profit is very solid, especially for spot trading. The price will react strongly to the resistance zones of both the inner and outer channels.
🚀 These are the moments to watch for position accumulation—when no one is interested and belief in growth is dead, not when everyone is screaming "BUY NOW!" at local tops!
*I will update the trading idea as the trend develops.
Resistance at 1.3T: Is a Deeper Crypto Correction Coming?The long-awaited Trump inauguration, which was expected to trigger an altcoin season, had the exact opposite effect. This once again proves that when the majority of market participants expect one outcome, the market often does the opposite.
After several days of testing support, the "tax policy" announcement triggered a breakdown below the 1.3T level, causing Total 3 to drop around 30% to 1T.
The market is now experiencing a normal rebound, but I am not very optimistic in the medium term.
Technically, 1.3T has now turned into strong resistance. In my opinion, after this rebound, a new leg down is likely.
I expect a drop below 1T, potentially reaching around 900B in the near future.
FTM | FANTOM | Altcoin with GREAT UPSIDE POTENTIALFTM has recently increased 11% in the weekly, but is making more red candles in the daily and the impulse up seems to be over for now.
Looking at the corrections, from -45% to -80% is not uncommon for Fantom.
The good news, is that the bottom is likely close - and from here, there exists great upside potential.
I am NOT saying we can't fall lower here - infact, a full retracement may be likely, just as we saw the previous cycle. In which case, the upside is even bigger. 30c is indeed a very popular demand zone:
_____________________
BINANCEUS:FTMUSDT
STRK/USDT – Position accumulation in a descending channel.StarkNet - is a permissionless decentralized Validity-Rollup (also known as a “ZK-Rollup”). It operates as an L2 network over Ethereum, enabling any dApp to achieve unlimited scale for its computation – without compromising Ethereum’s composability and security, thanks to StarkNet’s reliance on the safest and most scalable cryptographic proof system – STARK.
StarkNet Contracts and the StarkNet OS are written in Cairo – supporting the deployment and scaling of any use case, whatever the business logic.
CoinMarketCap : #106
Twitter(X) : 346,4k
Currently, STRK is trading within a large descending channel , with the price sitting at the support of the inner channel . After the hype, the price has dropped by -95% ! The Series B & C Round zones are being tested. A -30% drop to the support of the outer channel is not ruled out.
STRK will likely move only when ETH starts growing , as it is an L2 solution.
During the listing phase , this coin was heavily hyped— bloggers were screaming to buy before it "took off" , but they forgot to mention that the rocket was headed downward . Most of them had no real idea what they were doing—it was all just for hype and content .
Now, few still believe in its potential … faith is gone .
But this is exactly why fear is unnecessary . Historically, negative zones often provide some of the best entry points.
I expect STRK to outperform ETH in profitability due to its low liquidity.
I’ve marked everything on the chart—consider this in your trading strategy.
Alt season Can start from this zone finally altcoins market cap reached at crucial support area, expecting successful retest from trendline, and this blue area, the question is why im expecting alt season from here, b,coz multi year symmetrical triangle got cleared, and market came for retest, healthy correction happens in markets often the time, and currently market testing crucial support area, successful retest with strong momentum can lead massive alt season from here
AltSeason Begins If/When...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
🔹 Let’s keep it simple and straightforward:
📈 Altseason begins if/when ETH breaks above its falling channel (in red) 📉 and the $2,000 round number.
⚠️ Meanwhile, further downside is expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
$BTC MACD on weekly show a bearish trend. Read.You can see on the chart that in May 2024 I issued a warning, and look at what happened over the next five months.
The same pattern is repeating now, and there’s a high probability we’ll see a similar result.
Back in May 2024, the usual crowd—MMCrypto, That Martini Guy, Ash, Crypto Rover, etc.—were all saying things like, “We’re going to 110k,” “To the moon,” or “A huge bullish breakout is coming.”
What did we actually get? Five months of consolidation and an -80% drop for most altcoins.
So consider this a warning. The MACD on the weekly chart is a reliable indicator of the trend. Exchanges aren’t going to go against the trend. Even if there’s a ton of liquidity at 107k, they won’t risk buying billions worth of Bitcoin just to get wrecked by the prevailing trend and be forced to sell at a lower price than they purchased.
Those pointing to the liquidity map at 107k are missing the point. Exchanges take the easier path. Going from 97k to 107k is plausible in an uptrend, but in a downtrend? No chance.
What to Expect Now?
Since this chart is on the weekly timeframe, there will be daily bounces. Some altcoins may see 10-20% gains if you time the bottom and top correctly.
However, for holders, this is not a good time to hold.
Is Invalidation Possible?
Yes, but consider this: they’ve tried to break the trend five times and failed. The chance of a reversal now is about 1 in 9. It’s possible, but unlikely.
Key Support Levels
Support levels to watch are 95k, 91k, 85k, and 70k. While we might not drop as low as 70k, it’s better to be prepared.
What’s Next?
By May 2025, we’ll likely reach the end of this bearish trend, followed by a one-month altseason and a big BTC pump. However, starting in July 2025, we’re likely to face another five months of bearish consolidation.
The introduction of ETFs has shifted the crypto cycle into a new paradigm of five months of consolidation followed by one month of pumping.
As always, DYOR (Do Your Own Research).