Is ETH's pain over?Let's put the cap at 0.03. I think this chart shouldn't go below that. It's such an horrendous chart. I imagine everyone accepted defeat for ETH. In an ideal world this should go to infinity but anyway :D I've seen many many charts like this. It comes to the start of the strongest wave and then a new episode begins. I think the pain is over for ETH.
BTCETH trade ideas
eth getting power against btclooks like that altcoins are oversold and queen of the crypto going to raise over btc and market will change to altcoins
i bought on 0.0339 with the target of 0.04 as a first target
for the long run the price can see 0.1 and 0.15 also
its looking very safe for me to open eth/btc long position with a good risk and reward ratio
ETHBTC - ETHEREUM'S COMEBACK?The corrective decline on weekly frame looks to be reaching its target.
The cross is near the 62% Fibo retracement against the clear impulse, and at the same time reaches the lower boundary of the corrective price channel.
Thrilled to see it bouncing and reversing in a couple of weeks.
Trade safe
ETHBTC Key Support| Trend Change? Bottom?In Today’s analysis -ETHBTC- bottoming around a support region that has multiple technical confluences.
Points to consider ✍️
Point of Control Support
- Dynamic S/R Support
- Bullish Order Block Support
- .618 Fibonacci Confluence
- Swing High Objective
ETHBTC’s market structure has been bearish for a considerable period of time, price action is currently testing the POC, Bullish Order Block and the Dynamic S/R Support for a potential reversal zone.
Price Action need to establish a local bottoming structure around the .618 Fibonacci confluence zone, this will increase the probability of a bottom being in pace.
Overall, in from Bitcoin Insider’s perspective, ETHBTC is a valid long with defined risk, price action it to be used upon discretion/ management. ✍️
Hope this analysis helps.
Ethereum Bottom?Altcoins continue to underperform Bitcoin writ large, and Ethereum continues to generally be beaten down.
Good.
As you can see, the demand zone below price is currently being front run, which I discussed as a likely possibility a few days ago. As Bitcoin hit $99,000, liquidity moved VERY quickly into Ethereum, which bounced hard.
RSI is oversold, with likely bullish divergence on basically every single time frame. Ethereum is EXACTLY where it should be at this point in the cycle, but general consensus it that is is “dead.” Maybe? But usually that is the best buy signal there is.
ETHBTC - Descending Pattern Breakout This has been a long bear season for alts including ETHUSD which is shown in this descending pattern
Right now there is a lot of money in BTC which I believe will move towards ETH as this pattern begins to breakout
We are currently seeing the extreme lows for Ethereum at this price.
Weekly timeframe
Calling the ETHBTC bottomAs of writing this ETHBTC is trading at .4508
Current arena - Ethereum was once the future of finance, however other sybil friendly VC chains have front ran it on crypto's greatest value proposition of creating rug pulls with dogs on them.
Technicals - On a monthly timeframe ETHBTC has just completed it's first death cross . And has dumped front running this event.
Narratives - The new prominent narrative of "Liquidity will not find it's way out of the Bitcoin ETFs" convinces me this is the bottom. A rounded bottom or V shape is possible depending on narratives surrounding the ETFs.
ETH TO BOTTOM SOONI know, I know—Ethereum is dead. It’s a dinosaur. It’s been replaced by Solana. Nobody needs it. L2s are clunky and stealing all the gas fees.
It’s over—pack it in.
Except, it’s not. Ethereum has an ETF seeing net inflows, Larry Fink from BlackRock is actively proselytizing about using it to tokenize the world, and it’s beaten down—just as it is at this point in every cycle.
Maybe I’ll go down as a donkey, but every bottom signal I track in sentiment is beginning to show up.
The blue zone, around 0.031–0.029, is my high-conviction buy zone. I’m not sure the price will reach that level, but if it does, I’ll be buying aggressively. By then, we’ll likely see oversold RSI conditions on both the daily and weekly charts, along with more bullish divergence.
I remain confident that Ethereum will have its moment—and when it comes, it will be fast and furious.
ETHBTC is set to rise from hereThe ETHBTC pair has been on a steady downtrend for the past 2 years. Given that the next bullish cycle is quickly on its way, I am guessing the low is very close for this pair. Going long within the next few days seems like the most optimal entry point. I'm expecting the next swing to take us back to the primary resistance zone at 0.0825
Eth Bounce On BtcEth approaches major support which should lead back up to 0.05 btc. Which will likely lead to another attempt at major resistance at 0.1 btc. If 0.1 btc breaks then eventually 0.79 btc will be the next major major resistance. In 2021 Eth cleared 0.03 without checking back into it testing it's support. This is the retest.
Feels like ETHBTC WeekThe bottom looks close but I wouldn't be surprised if BTC keeps running while ETHBTC remains low. I could see it bottoming around .03287, if not here. That could mean BTC drops 10% while ETH drops less, which is possible.
It's definitely and interesting time, sentiment is extremely low on ETH but the lower ETHBTC gets the better it looks to me. People are calling it dead and are saying it will never recover (not everyone, but too many). People forget that ETH is actually great.
This space is way too convinced that crypto is all about gambling and that nothing has value. This is mostly true, especially now, but that won't be true forever and ETH will outlast pretty much everything.
Eth/Btc 3W - Let's take a wide angle to see better$Eth/Btc 3W;
Looking at the Ethereum/Bitcoin chart from a much broader perspective, we can say that the downtrend is still dominant and strong.
We can see how the IMB and FVG levels are working properly.
If the decline continues down to the +OB level at $0.02934, if the Double Buttom formation support here is insufficient, the decline may continue until the Discount Zone. There are strong support zones at this level, so in the worst case, it will be inevitable to return from this region.
Why is the Eth/Btc pair important for us?
This pair shows the value of Ethereum against Bitcoin. This shows that the market perception is still heavily weighted towards Bitcoin as a safe haven. As is well known, the appreciation of Ethereum against Bitcoin usually marks the beginning of the altcoin season.
#eth #ethereum CRYPTOCAP:BTC #Btc #Bitcoin
Why ETH/BTC Could Be Approaching Its Bottom1. Fibonacci Magnet
• 0.618 Fibonacci Retracement: The golden ratio at 0.03092 is a magnet for price in corrective markets. This level has been a historical pivot point in prior market cycles, and while ETH/BTC hasn’t touched it yet, it appears to be trending toward this critical support zone.
• The fact that the price hasn’t yet hit this level leaves room for a final, likely exhaustion move, which often marks the end of a trend.
2. Descending Wedge Pattern
• ETH/BTC remains within a descending wedge, a known bullish reversal structure.
• Price action is converging as it approaches the apex, which aligns closely with the 0.618 retracement and long-term structural support.
• The wedge indicates that momentum is weakening on the downside, often a precursor to a breakout.
3. Long-Term Horizontal Support
• The 0.03 level has historically been a strong psychological support for ETH/BTC, acting as a base during the early phases of 2020 before the explosive bull run.
• Combining this horizontal level with the Fibonacci retracement strengthens its likelihood of being a key reversal zone.
4. Trendline Confluence
• The descending red trendline from 2021 has contained ETH/BTC’s downtrend, but price is now reaching a crucial point where it will either:
1. Break below and invalidate the setup (unlikely given the confluence of factors).
2. Hold at this major trendline, completing the wedge structure and setting the stage for a reversal.
5. Timing Cycles
• Historically, ETH/BTC bottoms before Bitcoin halvings and rallies during the altcoin seasons that follow.
• With the halving approaching in 2024, ETH/BTC appears to be aligning with this pattern. A touch of the 0.618 retracement would coincide perfectly with historical cycle lows.
Why This is Critical
This zone represents the final test for ETH/BTC’s current downtrend:
• A touch of 0.618 would complete the technical correction.
• The wedge pattern apex, horizontal support, and Fibonacci levels create a perfect confluence for a bottom.
• Failing to hold here would signal a significant break in structure, but such a scenario appears unlikely given the timing and technical setup.
Conclusion
While ETH/BTC hasn’t yet hit 0.618, it’s crucial to watch for a touch of this level in conjunction with volume and price action at the descending wedge apex. If ETH/BTC reacts strongly at or near 0.03092, this would likely confirm the bottom and set the stage for a breakout toward 0.045 and beyond.
Eth bullrun is imminent In my opinion ethereum versus bitcoin has tapped the bottom, feels like some sort of fake distracting breakdown which gains strength again very soon , all the bottom i can imagine for ethereum is here where we are , RSI even in monthly timeframe is extremely oversold, Remember we wont have the real altseason without eth riding the wave so be ready for a massive price gain from the king of altcoins . It’s definitely one of the weirdest looking charts ever seen but more than 1000 days of range and falling will give us a strong come back . I think we will aim for the red trend line and have a little lingering consolation before the full send which matches with my btc.d view and the altseason map.
Stay safe fam
ETHBTCBroken downtrend
Double bottom
%20 devaluation vs btc in a controlled sell down whilst btc and some alts frontrunner most of the market..
This is usually where eth makes everyone regret fomoing out of eth into the other coins that pushed up initially...
Theres also a bullish divergence nearing confirmation with the macd..
8% first target...
Eth still has the highest tvl by far of any crypto network and simply has to reverse this chart at somepoint..