Crypto Alpha Report - January 20, 2025Happy Monday, friends! It’s Trump’s Inauguration Day, and the markets are exploding. Let’s dive in and see how far we can go.
Over the past week, we’ve seen a complete flip of ETF inflows. A clear trend has been established; while it seemed that many were fading the market in anticipation of today, that sentiment appears to have flipped moving into the end of last week.
While Trump’s inauguration was initially seen as a ‘Sell the News’ event, it’s now being viewed as a ‘Buy the News’ event. Primarily for Bitcoin, I believe much of this hinges on the possibility of Trump signing an Executive Order to establish a Strategic Bitcoin Reserve.
Bitcoin has now broken out of its consolidation wedge formation, and with three strong days of ETF inflows, I favor a spot Bitcoin long position.
Ultimately, price is unfolding as we have expected throughout all of January. We anticipated prices rising following a dovish inflation print; we expected price to pump into Trump’s inauguration. Moving forward, we expect some headwinds into January’s FOMC on the 29th, where I expect Powell to remain hawkish on inflation.
However, I’m now less concerned with the market reversing in any significant way following that, and I am more confident about the rally continuing. Ethereum is concerning, and I might parlay my ETH positions into short calls or another play as activity on ETH continues to drop.
Ultimately, market structure and flow suggest a continuation of this rally. At the same time, catalysts, depending on what Trump signs into action today, could significantly ignite pumps moving into the end of January.
Cryptomarket
Bitcoin (BTC/USD) – Key Technical UpdateCurrent Price Action:
Bitcoin is testing a critical breakout point from a rectangle continuation pattern. If the breakout occurs, the next target range is $115,000–$120,000.
The bullish trend remains intact, supported by the formation of a higher low on January 13, and the strong support zone between $90,000–$92,000.
Key Levels to Watch:
Support:
$90,000–$92,000: This support zone has proven crucial for maintaining bullish momentum. As long as Bitcoin stays above this level, the market remains bullish.
Resistance:
$115,000–$120,000: This is the immediate target range if the breakout from the rectangle pattern confirms. A successful move into this zone would signal continued bullish strength.
Market Implications:
A successful breakout would likely push Bitcoin toward new all-time highs, further confirming the strength of the bullish trend.
Support at $90,000–$92,000 needs to hold for continued upside. A drop below this zone would challenge the bullish structure and necessitate a reevaluation of the trend.
Outlook:
Bullish Scenario: A breakout above the upper boundary of the rectangle pattern would trigger a rally toward $115,000–$120,000, with new all-time highs likely.
Bearish Scenario: A failure to hold $90,000–$92,000 could lead to a deeper pullback, challenging key levels and potentially signaling a trend reversal.
Conclusion:
Bitcoin is at a critical point. A confirmed breakout from the rectangle continuation pattern would open the door to significant upside, with a potential move toward $115,000–$120,000. As long as $90,000–$92,000 holds as support, the bullish outlook remains strong.
BTC Price & Market Overview 1. Price & Market Overview
BTC Price: Trading between $108,550 and $108,600, up +3.5% in the past 24 hours.
Intraday high: ~$109,588, reflecting strong upward momentum from ~$100k earlier this week.
Market Sentiment:
Fear & Greed Index: 76 (still in "Greed," slightly down by -1.3% from the previous day).
Bitcoin Dominance: 57.54% (+0.05%), maintaining a strong position in the crypto market.
Macro Context:
Gold Futures: +0.29% ($2709.31), indicating slight risk-hedge interest.
USD Index (DXY): -0.28% (108.900), a weaker USD favors risk-on assets like BTC.
2. On-Chain & Spot Flows
Exchange Balances:
~1.81M BTC on exchanges, down -0.06%, consistent with long-term outflows but no dramatic changes.
Spot Flows:
Moderate net outflows over the last 8–12 hours suggest potential accumulation off-exchange.
Implication: Reduced exchange balances decrease immediate selling pressure, supporting price increases if demand holds steady.
3. Derivatives Overview
Open Interest (OI):
$153.81B (+2.14%), indicating strong trader interest as prices climb.
Futures Volume (24h):
$550.56B (+77.71%), a sharp increase, often linked to significant price movements like short squeezes.
24h Liquidations:
$1.05B (+83.93%), reflecting a wave of short liquidations above $105k–$107k.
Funding Rates:
Generally positive (e.g., Binance BTC/USDT ~0.0308%), reflecting a net-long bias.
Extremely high funding could signal an overheated market and precede a correction.
CME Futures:
OI: $20.79B (+3.82%), highlighting institutional trader interest. Watch for weekend-related gaps causing volatility upon reopening.
4. Technical Indicators
Price Action:
BTC broke above $105k resistance, surging toward ~$109k.
Consolidating near $108.5k, with next key resistance at $110k.
MACD: Bullish crossover with a positive histogram (~706.79 on 1h), signaling strong upward momentum.
RSI: In the 66–68 range, nearing overbought levels but not extreme.
Bollinger Bands: Price near the upper band, suggesting a possible short-term pullback or consolidation after rapid gains.
5. Notable Events & Highlights
Short Squeeze:
Massive liquidations of short positions (10x–25x leverage) above $105k–$107k fueled the rally.
CME Futures Risk:
Weekend gaps may lead to volatility when traditional markets reopen on Monday.
Regulatory News:
No immediate developments, but speculation around favorable policies or interventions continues to influence sentiment.
6. Likely Scenarios (Next ~12–24 Hours)
Continuation to $110k+ (~40% Probability):
Sustained bullish momentum and high volume could drive BTC to test or break $110k.
Sideways Consolidation (~35% Probability):
BTC consolidates between $106k and $109k, digesting recent gains.
Pullback/Correction (~25% Probability):
Profit-taking or market cooling pushes BTC toward $105k or $103k.
Watch for negative funding or large exchange inflows as warning signs.
7. Overall Confidence Level
Market Bias: Moderately Bullish (~60% confidence).
Upside Drivers: Positive funding rates, high volume, and continued short liquidations.
Risks: Overbought RSI, CME gap risk, potential profit-taking near $110k.
Final Note
Monitor $110k resistance closely for a breakout or rejection. Pay attention to liquidation clusters, funding rate spikes, and any significant exchange inflows. A decisive move above $110k could trigger another wave of liquidations, while a failure could lead to a pullback. Maintain disciplined risk management practices.
Trump Inauguration - To the Moon or Sell the News?Crypto Market Cap Nears ATH – Is Another Sell-Off Brewing? 🚀
The total cryptocurrency market cap is currently sitting at $3.62 trillion, inching closer to its all-time high of $3.73 trillion. Bitcoin has been leading the charge, smashing its ATH with renewed bullish momentum. However, recent patterns suggest caution—sell-offs have often followed Bitcoin breakouts this cycle, as traders lock in profits.
Altcoins have also been making headlines. Solana (SOL) has seen an impressive rise, solidifying its place in the top crypto rankings. Meanwhile, the newly hyped Trump Coin has debuted on Robinhood, sparking interest and controversy alike.
With the market cap on the verge of breaking records, it’s a crucial moment to keep an eye on key support and resistance levels. Will we see another sell-off, or is this the start of the next leg up? Our best guess? Some choppinenss around the corner but ultimately the most bullish crypto administration ever will bring in the ATHs! 🚀
Join the discussion below and let’s navigate this market together! 🚀💸
BTC at major Resistance Zone? Will it drop to 102,100 $?COINBASE:BTCUSD is trading in a robust resistance zone that aligns with prior price rejections and key supply levels. This area has in the past attracted strong selling interest, making it a critical point to watch.
If bearish confirmation appears, such as strong upper wicks or bearish candlestick patterns, I anticipate a move toward 102,100. Conversely, a break above this level could signal further upside and invalidate the bearish setup.
Traders should carefully evaluate price action at this zone before entering positions. Do you see this playing out similarly?
Let’s discuss in the comments below!
#ETH forming an Inv H&S 1WETH has been forming an inverse head and shoulders pattern since Mar '24. It tagged and has clearly formed a shoulder pattern/line and tagged it on May '24 and again in Dec. '24. When measured from head to shoulder, we show a possibility of an 88.37% increase in price. Target: $7487.
Alikze »» DOGE|Ascending channel - 1D🔍 Technical analysis: Ascending channel - 1D
📣 BINANCE:DOGEUSDT
🟢 It is moving in an ascending channel that has had positive reactions to the trend line several times.
🟢 It is currently in the important area of 39 cents. If the price can stabilize above the 39 range, it can touch the nearby targets of 43 and 48 cents.
🟢 Therefore, by stabilizing in the 39 cents area, it will be able to break the supply area for the mentioned nearby targets.
💎 BINANCE:DOGEUSDT in the weekly timeframe:
💎Considering that in the weekly timeframe, Dogecoin has succeeded in breaking the triangle density, therefore, Dogecoin can continue its growth in this upward rally to the height of the triangle, which this growth from the golden area of the previous wave can touch the target of the previous major ceiling and the $ 1.2 range.
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TradeCityPro | SEI: Tracing the Ascending Trend Lines👋 Welcome to TradeCityPro! In this analysis, I'm going to delve into the SEI coin, with an examination across weekly, daily, and 4-hour timeframes.
📅 Weekly Timeframe: Approaching the Ascending Trend Line
In the weekly timeframe, we are witnessing a strong upward trend that has moved up to 0.9856, then retraced to the support at 0.2477, forming an ascending trend line. Currently, after reaching a high of 0.6957, it has pulled back to this trend line.
📊 The market volume is currently in favor of buyers and the upward trend, with the price maintaining a bullish nature. If it breaks and consolidates above the resistance at 0.9856, a significant upward momentum will enter the market, likely pushing the price to set new ATHs.
🚀 For higher targets for a new ATH, it's best to wait until the price first breaks the ceiling of 0.9856 and then determine the significant ranges based on the corrections made.
📉 If the trend line breaks, the first trigger for a potential breakdown would be at 0.3423, considered a risky trigger in this timeframe, and the main downtrend will begin after breaking 0.2477. This could even lead the price to drop as low as 0.1026.
📅 Daily Timeframe: Ready to Move
In this timeframe, as seen, the price has reacted to the weekly trend line, piercing through it in today’s candle and rising from the support at 0.3642. This area is a significant support level and has previously seen a robust upward trend to 0.7082 after a fake breakout.
🧩 Currently, the volume of the last bearish leg is decreasing, and with the appropriate bullish momentum entering, the price could be supported again from this area. The first trigger for a breakout would be 0.4714, and breaking the 50 in the RSI would confirm the entry of bullish momentum.
📉 If the trend line and the 0.3642 support break, bearish momentum could enter the market, potentially driving the price towards the 0.2615 support. Since the selling volume is decreasing, it’s challenging to determine a definite bearish target, so it’s better to wait for a clear bearish momentum to see how low the price could go after breaking 0.3642.
⏳ 4-Hour Timeframe: Futures Triggers This timeframe shows a descending channel that isn’t very clean, with the price having already made a fake breakout at the bottom. Currently, the price hasn’t reached the top of the box and is pulling back to the mid-line of the channel after reaching the box’s bottom again.
✨ For short positions, there appears to be more momentum in the market, and the trigger for this position is at 0.3697. However, this support isn’t precisely determined yet, so it's better to wait for the price to reach this area again and react before setting a new definite support level. The next trigger would be at 0.3365, with a break of 30 in the RSI serving as a good confirmation.
📈 For long positions, it’s advisable to wait until the price breaks the channel and bullish momentum enters the market. The first trigger for a long position would be breaking the resistance at 0.4738. However, if you wish to take a riskier position within the channel, breaking the trigger at 0.4233 could be appropriate.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Alikze »» LINK| Bullish Wave 3 or C Scenario🔍 Technical analysis: Bullish Wave 3 or C Scenario - 1D
📣 BINANCE:LINKUSDT currency on the daily timeframe touched its targets in accordance with the analysis presented earlier, the scenario of the first of 3 bullish waves.
🟢 Chainlink touched its target after breaking out of the short-term descending channel.
🟢 It is currently in the supply zone on the daily and weekly timeframes.
💎Given the bullish momentum, this bullish leg, after breaking the supply zone, will have the ability to grow to the large supply zone of $60-$100.
💎In the first step after breaking the supply zone, the target will be $38 and $55.
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Alikze »» ETC | Scenario 3 or C bullish - 1W🔍 Technical analysis: Scenario of wave 3 or C in the ascending channel
BINANCE:ETCUSDT In the daily timeframe, according to the analysis presented earlier , it encountered demand after reaching the Buyer zone, which led to the breakdown of the descending channel and the touch of the target of $25.
- Currently, after exiting the congestion, it is moving within an ascending channel, which is currently at the ceiling of the first channel.
💎 In case of correction, at the ceiling of the first ascending channel, it can encounter demand in the middle range of the channel or the OB zone and continue its growth to the ceiling of the second channel.
⚠️ In addition, in the bullish scenario, the Invalidation LVL zone should not be touched. ⚠️
💎In case of touching the mentioned zone, the currency's movement path should be reviewed and updated again.
Bull Flag on BTC Daily!!!The cryptocurrency market is once again at the edge of a seismic shift. Following the recent uptrend, Bitcoin (BTC) has established a formidable Bull Flag on the daily chart. By utilizing a trend-based Fibonacci extension on top of the current Bull Flag, we can identify the coveted 'golden pocket' positioned at $126,000, with the subsequent target level at an impressive $185,000.
If historical patterns hold true, this year is set to be another record-breaking period for Bitcoin and the broader crypto market. Investors and enthusiasts alike should prepare for a potentially parabolic movement. Fasten your seat belts, an exciting journey awaits.
Bullish Sentiments StrengthenBullish Sentiments Strengthen: Analyzing the Order Book and Key Levels
The crypto market often gives subtle signals that reveal the battle between bulls and bears, and the order book is one such powerful tool. Currently, the order book data suggests that bulls are actively dominating, indicating a potential continuation of the upward trend.
Interestingly, the market exhibited similar bullish activity at the same time yesterday, adding weight to the ongoing momentum. However, a critical level to watch is the previous day’s high. If the price manages to break this level and sustain above it, it would serve as a strong confirmation for bullish trend continuation.
Traders should remain cautious and look for sustained strength beyond the breakout to avoid potential false signals. Keeping an eye on volume spikes and order book imbalances can provide further confirmation of market sentiment.
In conclusion, the market is signaling bullish activity, but a decisive move beyond the previous day’s high will be the key factor to solidify a long-term uptrend.
ELONUSDT Trade LogBought some ELON, took the leap,
A moonshot dream, in charts so deep.
To the stars, it’s set to fly,
Hold tight, let the profits rise high.
Through the dips, I’ll stand my ground,
With each new wave, more gains are found.
In the space where rockets zoom,
ELON’s the ticket, to break the gloom.
Trump Coin Price Action Outlook:Short-Term Dip,Long-Term BullishCurrent Market Analysis:
Based on recent market behavior and technical indicators, it appears that Trump Coin (TRUMP) is poised for a brief pullback before resuming a significant upward trend. Price action suggests that the coin may experience a temporary dip to the $30 - $40 range, likely driven by broader market fluctuations or profit-taking from recent highs.
Short-Term View:
The expected retracement to the $30 - $40 zone could present a potential buying opportunity for those looking to enter at a discount before the next wave of bullish momentum. The strong support in this price range is supported by both historical price levels and key technical indicators such as the Relative Strength Index (RSI) and Fibonacci retracement levels, which indicate the likelihood of a reversal from these areas.
Long-Term Bullish Outlook:
Following this consolidation phase, I anticipate a sharp rebound, with Trump Coin aiming to rally towards the $100 mark. This bullish projection is based on ongoing market adoption, positive sentiment surrounding the coin’s unique narrative, and strong fundamentals that suggest a sustained upward trajectory over the next few months.
Key Levels to Watch:
Support Zone: $30 - $40
Resistance Zone: $100
Conclusion:
While a short-term dip is likely in the cards for Trump Coin, the long-term outlook remains highly bullish, with potential for significant gains as the market regains confidence and buyers step in at key levels. Traders should keep an eye on the support zones for potential entries, while managing risk with appropriate stop-loss levels.
BINANCE VALID BULLISH SYMMETRICAL TRIANGLEBINANCE:BNBUSDT Good Afternoon trader, my UPDATE idea for BNBUSDT. 4H on 19/01/2025.
We got a valid triangle pattern in binance price action because the price did not break through at $729,97 price area . If we observed carefully, 5 waves (W1-W5) will formed in this information, which is related to the Elliot Wave theory.
So my prediction the price will continue get the support triangle at $675,30 area price before continue bullish to break the pattern.
Please discuss about this thing, comment on below
TradeCityPro | INJ: Navigating the Waves of the DeFi Landscape👋 Welcome to TradeCityPro!
In this analysis, I'm going to review the coin INJ, which belongs to the Injective project, one of the intriguing networks in the DeFi sector. This coin has seen significant growth in recent years.
📅 Weekly Timeframe: Reaccumulation Box?
In the weekly timeframe, we observe a very strong and powerful upward trend full of bullish momentum that started from 1.2, even breaking the ATH to establish a new ceiling at 41.81.
🔍 Currently, after reaching 41.81, the price has pulled back to the support at 16.18 and formed a box between these two areas. The support at 16.18 overlaps with the 0.236 Fibonacci area, and we can also see an ascending trend line that coincides with this level, forming a PRZ that has so far supported the price.
🚀 If the resistance at 41.81 is broken, we can say that the long-term range box was a Reaccumulation phase, and the price could move towards targets of 135 and 494. However, it's important to note that this coin's market cap is currently $2.15 billion, and reaching a target of $494 would require it to enter the top ten coins by market cap, which might be challenging.
🔽 In case of further price corrections, there are solid supports available. If 16.18 breaks, the next Fibonacci support at 0.382 is around $10, and another substantial support is at $5.8.
🧩 Additionally, the RSI is boxed between 38.77 and 63.27, and breaking either boundary could significantly influence market momentum in that direction.
📅 Daily Timeframe: More Details
In the daily timeframe, we can see more details of the range box formed.
✨ The price is currently near the weekly trend line and has reacted to this area in this timeframe as well. The first resistance is at 26.75, and breaking this area could be a trigger for entering a long position or buying in spot. A break of 58.26 in the RSI would be a good confirmation.
🛒 The next buying trigger is at 34.76, which is more secure, and simultaneously breaking significant resistances in the TOTAL could drive the price towards higher targets.
⚡️ The most important resistance is at 45.32, and I suggest maintaining a long position before the price reaches this area as there is a high chance of a euphoric break. However, this area is a strong supply zone and could potentially push the price back down to the range box's floor.
📉 For short positions, we should first wait for the trend line to break. In this case, the first trigger is a break at 19.44, and the main trigger is breaking the support at 16.04.
📊 Regarding volume, I cannot provide much insight as both the market and volume are ranging, and specific data cannot be derived. However, it's evident that if volume increases in any direction, market momentum will likely follow.
⏳ 4-Hour Timeframe: Futures Triggers
Let's dive into the short-term triggers suitable for futures trading.
🎲 Given that the market has been range-bound in the weekly timeframe for a prolonged period, it has lost momentum. In this timeframe as well, the price remains confined within a range box.
📈 Long Position: You can enter a long position if the price breaks above 25.43. The target for this position would be 34.76. This is a solid trigger and, if aligned with Bitcoin's movements, could introduce bullish momentum into the market.
🔽 Short Position: For shorting, the only current trigger is at 18.82.The RSI oscillator and the SMA indicator cannot be relied upon for confirmation in this scenario, as the market lacks any trend or momentum.
🧲 As mentioned, the trading volume remains range-bound. Upon breaking any trigger level, the volume should increase in the direction of the breakout.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
APT/USDT – Bullish Momentum in Play, Entry at $7.90, Target $20APT/USDT is showing strong bullish momentum, supported by positive market sentiment and technical indicators. A breakout above key resistance levels has confirmed a bullish trend continuation.
Entry Point:
The ideal entry for this long trade is around $7.90, offering a favorable risk-to-reward ratio. This level provides solid support from previous consolidation.
Target:
The upside potential remains significant, with the primary target set at $20. This is based on Fibonacci extensions and key resistance zones from historical price action.
Stop Loss:
Consider placing a stop loss just below AS is mention on chart to manage risk effectively in case of a trend reversal.
This setup offers a promising opportunity with a strong risk-to-reward ratio. Monitor market conditions closely for any shifts in momentum.
Happy trading!
SOL & Memes | Is Solana season here ?From Weekend Hero to Market King
Sol szn is here ? YESS, We are 70% up since our last analysis and recent data strongly suggests we might be entering the early days of SOL mania, Here’s why
1.SOL Outperformed BTC and ETH This Weekend: Solana delivered significantly better returns compared to Bitcoin and Ethereum over the weekend. don't let me compare it with Eth cuz it will break Eth holders Soul
2.Market Cap Milestone: Solana's total market capitalization hit an all time high earlier today, now making up 3.53% of the entire cryptocurrency market with a valuation of $114.3 billion.
3.Dominating Daily Net Inflows: As of now, SOL tops the leaderboard for daily net inflows.
4.Revenue Growth: Last week, Solana’s Real Economic Value (the revenue it generates) doubled its previous all-time high.
5.Meme coins often choose the Solana blockchain for a variety of reasons, primarily due to its unique technical advantages and its growing ecosystem. Here’s why: Low Transaction Costs, High Throughput and Scalability, Fast Transaction Speed, Strong Community and Ecosystem,Developer-Friendly Environment, Early Mover Advantage...
6.Weekend Trading Volumes: Between Saturday and Sunday night, SOL trading volumes surpassed those of all major altcoins.
All of this recent movement is huge for two specific groups of people:
-My wife, who has been worried sick since I told her I invested 100% of my life savings in Solana!
-Our followers, who got worded up on SOL around this time last year and load the dip at 20$
But will these trends hold, especially after ETH and BTC ETFs wrap up their first trading day of the week? Probably not but it’s worth noting how impressive this is, given Ethereum’s market cap is 3.3x larger than Solana’s, and Bitcoin’s is a staggering 16x bigger!
As you can see Sol ready for correction and pullback then it gets ready for Sol Mania
DOTUSD Plunge Alert Precision Short Targeting 10%+ Gains !The asset, DOTUSD, is showing a sharp bearish momentum with a decline indicating strong selling pressure.
The current price is 6.905, while the short entry position aligns with a retracement after a peak profit zone
1. Trend Direction
The price has broken below green channel, signaling a trend reversal from bullish to bearish.
Red zones around the moving averages confirm the presence of downward momentum.
2.Entry Confirmation
The short position appears to be placed after the market failed to hold its highs (Peak Profit 10.14%) and created lower highs, validating the short trade setup.
Entry aligns with the rejection of resistance levels, suggesting a good risk-to-reward setup.
3. Risk Management
Stop-loss is placed slightly above the sell zone, covering the recent swing high. This limits risk in case of price retracement.
The profit target extends well below the entry, suggesting confidence in further downside potential.
4. Aetos Indicators
A potential momentum-based or moving average indicator is being used to highlight peak profit areas, confirming optimal trade execution.
The bearish engulfing candles in the sell region validate the short bias.
Projection
Target Zone: The profit target aligns with the 6.230 support level, indicating expectations of a 10% drop from the entry point.
Downside Risk: If bearish momentum continues, there could be a breakdown below 6.230, extending losses toward 6.000 or lower.
Analysis
DOTUSD is experiencing a sharp bearish reversal after failing to hold its highs. The short entry capitalizes on lower highs and rejection near the resistance. Stop-loss is strategically placed above recent highs, while the target aligns with key support levels. This trade setup is supported by
Bearish momentum.
Clear breakdown below the moving average channel.
High risk-to-reward ratio for short-term traders.
Strategy
Stay short below 6.905, targeting 6.230. If price retraces above 7.00, consider exiting the position. Always book profits partially and move SL to BE