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Ethereum (Cryptocurrency)

$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. --- 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.
BITSTAMP:ETHUSD
by CryptoNikkoid
5
PulseChain Unveiled: Scalability, Speed, & its Strategic Rise PulseChain is an Ethereum fork, aimed at addressing some of Ethereum's limitations like scalability and transaction fees. PulseChain was created by Richard Heart, who is also known for founding the HEX cryptocurrency. After years of anticipation, PulseChain's mainnet went live in May 2023. It was accompanied by significant community interest and a substantial airdrop. Key Features: Ethereum Compatibility: PulseChain is a full-state hard fork of Ethereum, meaning it replicates the entire state of Ethereum's blockchain, including all transactions, accounts, and smart contracts at the time of the fork. Proof of Stake (PoS): Unlike Ethereum's previous Proof of Work (PoW) system at the time PulseChain was conceived, PulseChain uses a PoS consensus mechanism, which is more energy-efficient. Lower Transaction Fees: One of the primary goals of PulseChain is to offer lower transaction fees compared to Ethereum, aiming to make it more accessible for users and developers. Faster Block Times: PulseChain boasts faster block times (initially aiming for 10 seconds, later adjusted to 3 seconds) than Ethereum, which was intended to improve transaction speeds. PLS Token: The native token of PulseChain is PLS, which is used for transaction fees, staking, and governance within the network. PLS tokens were distributed through a "sacrifice" phase where users donated various cryptocurrencies to receive PLS. WPLS Token: The wrapped version of Pulse on PulseChain, known as Wrapped Pulse (WPLS), is a token that allows the native PulseChain token, PLS, to be used on decentralized exchanges (DEXs) and other platforms where native PLS might not be directly supported. This mechanism essentially extends the use of PLS beyond PulseChain's native network, enhancing its utility and reach across different blockchain ecosystems. Use Cases and Ecosystem: PulseX: PulseChain launched with its own decentralized exchange (DEX) called PulseX, similar to Uniswap, which allows token swaps on the PulseChain network. Airdrops: The launch strategy included one of the largest airdrops in history, aiming to duplicate Ethereum-based tokens and NFTs on PulseChain, offering instant utility. Validators: Users can stake PLS to become validators or delegate their stake to validators, securing the network and earning rewards. Purpose: WPLS enables PLS to be traded or used in environments that require ERC-20 or similar token standards for compatibility, like certain DEXs on Ethereum or other blockchains. Trading: WPLS can be bought, sold, and traded on exchanges, providing liquidity for PLS in different ecosystems. Bridging: Users can bridge PLS from PulseChain to Ethereum (or vice versa) by converting it to WPLS, effectively allowing PLS to interact with Ethereum's ecosystem. Availability: WPLS can be found on platforms like PulseX, PulseX V2, and other DEXs, with trading pairs against other cryptocurrencies such as Ether (ETH) or stablecoins. DeFi: Apart from trading, WPLS can be used for yield farming, staking, or any DeFi application where PLS might not be natively supported. Technical Analysis: Presently, WPLS suggests a potential double bottom chart pattern. A double bottom formation is a chart pattern used in technical analysis that signals a potential bullish reversal after a downtrend. Pattern Formation: It consists of two distinct troughs or lows at roughly the same price level, resembling the letter "W". The price drops to a support level, rebounds, then drops back to the same support level before finally rising again. Support and Resistance: Between the two lows, there's a peak which forms a resistance level. The confirmation of the pattern occurs when the price breaks above this resistance. Bullish Signal: The pattern indicates that sellers have tried to push the price down but failed twice at the same level, suggesting that buying pressure is starting to overcome selling pressure. Volume: Ideally, volume decreases on the second bottom and increases significantly on the breakout above the resistance, confirming the reversal. Trading: Traders might enter long positions when the price breaks above the resistance, setting stop losses below the double bottom to manage risk. The price target can often be estimated by measuring the height from the support to resistance and projecting that distance upward from the breakout point. In essence, a double bottom pattern suggests that after testing a support level twice, the market might be ready to move upwards, indicating a shift from a bearish to a bullish trend. Additionally, WPLS has reentered one of the most critical levels of the broader Fibonacci retracement tool, the 61.8% level or the Golden Ratio. Golden Ratio: The 61.8% level is derived from the Golden Ratio, which is approximately 1.618 or its inverse, 0.618. This ratio is found in nature, art, and architecture, and in financial markets, it's believed to represent a natural balance point. Support and Resistance: In market analysis, this level often acts as a significant support or resistance. If a price retraces to this level during an uptrend, it might be seen as a buying opportunity, suggesting the previous trend might resume. Conversely, in a downtrend, reaching this level might indicate a potential last chance for selling before a possible reversal. Psychological Impact: Traders worldwide use Fibonacci levels, creating a self-fulfilling prophecy where many traders watch and act on the same levels, enhancing their significance due to collective market psychology. Confirmation: A price reaction (bounce or rejection) at the 61.8% level can confirm the validity of the previous trend. If the price doesn't respect this level, it might signal a weakening of the trend or a deeper correction. Risk Management: Traders often use the 61.8% retracement as a point to set stop-loss orders or to adjust their risk management strategies, knowing it's a level where the market might react strongly. The 61.8% Fibonacci retracement level is pivotal in technical analysis because it aligns with the Golden Ratio, acts as a key support/resistance point, influences trader behavior due to its widespread use, and can provide insights into potential market turns or continuations. However, like all technical tools, its effectiveness should be combined with other forms of analysis for more reliable trading decisions. TLDR: PulseChain, represents a notable attempt to address Ethereum's scalability and transaction fee issues through its full-state hard fork approach, offering lower fees and faster block times. Its native token, PLS, along with its wrapped version, WPLS, extends functionality across different blockchain ecosystems, enhancing its utility for trading, yield farming, and staking. The recent technical analysis indicates that WPLS might be forming a double bottom pattern, suggesting a potential bullish reversal if the price breaks above the resistance formed by the pattern's peak. Furthermore, WPLS's reentry at the 61.8% Fibonacci retracement level, known as the Golden Ratio, adds another layer of significance, potentially acting as a critical support or resistance point. This confluence of technical indicators points towards a pivotal moment for WPLS, where the market could see either a resumption of the prior uptrend or a deeper correction if the levels are not respected. However, while these patterns and levels provide valuable insights, they should be approached with caution, ideally in conjunction with broader market analysis, due to the volatile nature of cryptocurrency markets. The success of PulseChain and WPLS will ultimately depend on ongoing network performance, community support, and the broader acceptance within the DeFi ecosystem.
PULSEX:WPLSDAI_E56043.USDLong
by TheCryptoForecaster
1
Ethereum (ETH) - ATH Break-Out - Bullish CycleMARKETSCOM:ETHEREUM gave me a whooping 170% #Profit on the #Bullish Swing. I went #Long on BITSTAMP:ETHUSD from the 1.6K Mark, on the #Break-Out. I cashed it all in on the 3.5-4K Range. * see related idea for details. Unlike MARKETSCOM:BITCOIN , CRYPTOCAP:ETH did not deliver a new #ATH. In fact, it all leads to the fact that it's waiting for something. With the $BitcoinDominance ( CRYPTOCAP:BTC.D ) showing signs of an up-coming #Correction, I believe this will pave the way for #Altcoins to shine, thus the #Altseason to start. Crypto Market Cap ( CRYPTOCAP:TOTAL2 & CRYPTOCAP:TOTAL3 ) are about to burst on the #Bullish side. BINANCE:ETHUSDT will play a major role in this. * see related ideas for details. What's the Play for MARKETSCOM:ETHEREUM ? I see a strong #ETH #Bull in Cycle Wave C (turquoise). This can easily reach 5K, but can also tag the 7K Mark. BITSTAMP:ETHUSD #TechnicalAnalysis - #ElliottWave Cycle Wave C (turquoise) - Inverted #HeadandShoulders - #RunningFlat My CRYPTOCAP:ETH #BUY Levels - Entry @ 3.1K - SL @ 2K - TP @ 5K
BITSTAMP:ETHUSDLong
by EW4X
6
ETHEREUM trapped between MAs but preparing a massive surge.Ethereum (ETHUSD) has been trading since the start of the year within the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line). Despite this technical 'trap', there are two bullish patterns that outweigh this range and those are primarily the Channel Up since the July 18 2022 market bottom and in the last 10 months an Inverse Head and Shoulders (IH&S) pattern. The latter is in the process of forming the Right Shoulder and as long as the 1D MA200 holds, it should complete it within 6 weeks maximum. On top of that, we have a recently formed 1D Golden Cross and in terms of 1W RSI, we are on similar grounds as January 2024. On all cases, a strong rally followed in the form of the Channel's Bullish Leg. Assuming it follows the technical target of the IH&S, we are expecting a peak on the 2.0 Fibonacci extension at $7400. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:ETHUSDLong
by TradingShot
3
eth drops into februarygm, what if i told you that ethereum is about to plunge by as much as 50%, just as everyone is expecting the start of alt season? what if i told you that the entire structure over the past few months has been corrective, setting the stage for a major liquidity grab below 2k? you probably wouldn’t believe me. --- here’s my theory: the structure from the may 2024 peak (which i’ve labeled as a truncated 5th) down to the upcoming low in february 2025 which i expect to be just beneath 2k, is actually an expanded flat. --- watching closely for a flush-out into feb, with a downside target just beneath 2k.
CRYPTO:ETHUSD
by notoriousbids
2
Is Ethereum set for more gains, with $4200 as the target?Hello and greetings to all the crypto enthusiasts, ✌ In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Ethereum , 📚🎇 After a few days of moving outside its typical range, the price has now returned to the parallel channel it previously established. Given this, I expect additional upward momentum from the lower boundary of the channel, with higher targets ahead. This price action indicates the trend is likely to continue, supported by a clear trendline that outlines the ultimate target. The trendline provides a solid reference point for predicting the price's future movement. As a result, the outlook remains bullish, with an expectation of continued gains, potentially yielding at least a 23% profit. 📚💡 🧨 Our team's main opinion is: 🧨 After several days, the price has returned to its previous parallel channel, and I expect further upward movement from the lower boundary, with the final target confirmed by a clear trendline. Give me some energy !! ✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box. Cheers, Mad Whale. 🐋
Long
by MadWhale
ETH BTC broke down the multi-cycle support trendline on HTFWe previously expected a reversal on multiple occasions, unsuccessfully each time. Last major prediction is visible in the chart (blurred). There were two major lines of support for ETHBTC, it broke the first one, then it bounced off the multi-cycle support line and we predicted the bottom at that stage and went long. Unfortunately, that bounce was both short-lived and weak and ultimately it reversed all the bounce and broke down BELOW the multi-cycle support line for ETHBTC. We will not be shorting this, but the long-time frame for ETHBTC is now in the bearish mode. Potential key levels to watch are marked below.
Short
by Goldsworth
2
eth midterm range"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
Long
by Golden_candle
M-Signal indicator is starting to converge Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- This volatility period for ETH is expected to last until January 26. However, since the volatility period for BTC is expected to last until January 31, it is expected that it will be important to find support at some point after the volatility period until January 26. It is showing a downward trend from 3265.0-3321.30, which is an important support and resistance area for ETH. The key is whether it can quickly rise to or above 3265.0-3321.30 and maintain the price. If it falls below 3136.41, it is likely to fall near the M-Signal indicator on the 1M chart, so a countermeasure is needed. Therefore, during this volatility period, we need to check in which direction it deviates from the 3136.41-3321.30 range. If it is supported near 3136.41, it is expected that there will be an attempt to rise again to the 3265.0-3321.30 range. - As the downtrend progresses, the M-Signal indicators on the 1D, 1W, and 1M charts have begun to converge. Therefore, it seems likely that it will diverge again after the volatility period on January 26 or January 31. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been following a pattern since 2015. In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market. Accordingly, the bull market is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, we can see that the increase is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we do not expect to see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
ETH/USDT 1H: Bulls Eyeing $3500 After BreakoutETH/USDT 1H Chart Analysis 🚀 Follow me on Tradingview if you respect our charts 📈 Confidence Level: 8/10 Current Market Structure: Bullish after breaking the premium zone at $3400, currently consolidating. Hidden bullish RSI divergence forming on the 1H timeframe. Key Levels: Premium Zone: $3440-$3460 Equilibrium Zone: $3380-$3400 Discount Zone: $3200-$3220 Smart Money Activity: Accumulation phase complete. Distribution likely in the $3460-$3480 range. Trade Setup: Entry Zone: $3380-$3400 (scale in). Targets: T1: $3460 T2: $3480 Stop Loss: Below $3340 (recent swing low). Risk Analysis: Risk Score: 7/10 (moderate risk due to extended move). Market Maker Activity: Accumulation at current levels with potential push toward the $3500 zone. Recommendation: Long position recommended with tight stops. Monitor volume and RSI for continued bullish momentum. Confidence Level: 8/10 for bullish continuation. 🚀 Follow me on Tradingview if you respect our charts 📈
Long
by Cryptokijker
Ethereum - We Will See This Breakout!Ethereum ( CRYPTO:ETHUSD ) is ready to catch up: Click chart above to see the detailed analysis👆🏻 For the past couple of months, Ethereum has been retesting the previous all time high resistance and was actually not able to break it. However, following the rising channel pattern, the bullish break and retest and price action, the breakout is about to happen. Levels to watch: $4.000 Keep your long term vision, Philip (BasicTrading)
CRYPTO:ETHUSDLong
by basictradingtv
20
Ethereum Strengthens: Technical Breakout & Impact of SAB 121Ethereum (ETH) is currently showing signs of potential strengthening after successfully breaking out from a downward trendline that has persisted since December 2024. This breakout indicates weakening selling pressure and the emergence of new bullish momentum, with a psychological target at $4,000 as the next resistance. Technically, the $3,200–$3,400 range now serves as a critical support level that must hold to sustain the upward trend. If prices remain above this support, a rally toward $4,000 or even higher is highly plausible. Ethereum continues to be the leading platform for tokenization, the process of converting real-world assets such as bonds, stocks, property, or commodities into digital assets on the blockchain. Major companies like BlackRock have begun leveraging Ethereum for tokenizing their financial assets, demonstrating institutional trust in this technology. A recent fundamental factor supporting Ethereum's adoption is the revocation of SAB 121 by the SEC, which previously required financial institutions to record crypto assets as liabilities on their balance sheets. SAB 121 (Staff Accounting Bulletin No. 121) was an accounting guideline issued by the U.S. Securities and Exchange Commission (SEC) in March 2022. This guideline was designed to provide accounting direction for public companies and financial institutions holding or managing crypto assets on behalf of clients. Enforced since March 2022, the rule caused many institutions to hesitate in offering crypto-based services due to its negative impact on financial reporting. With its revocation, institutions now have more flexibility to enter the crypto market, potentially accelerating Ethereum’s institutional adoption, particularly for DeFi applications. Disclaimer: This analysis is part of a trading plan and does not constitute trading advice. Always practice good risk management in every trading decision. Feel free to share your thoughts or request additional analyses. drop a comment below!
OANDA:ETHUSDLong
by DNP-FX