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BE HONEST: Will we see an Altcoin Season this year?
$ETH 

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Ethereum ($ETH) Technical Analysis – May 15, 2025 Ethereum has recently shown signs of bullish momentum after a prolonged downtrend, as reflected in the recent breakout above the $2,100 resistance zone. The price action has shifted from a steep downtrend to a possible trend reversal, indicating renewed buying interest. 📊 Key Observations: Falling Wedge Breakout (Bullish Reversal Pattern) ETH broke out of a falling wedge pattern earlier this year — a classic bullish reversal signal. This pattern typically suggests that downward momentum is weakening and a potential upside breakout is likely, which played out as expected. Bearish Continuation Channels (Green Boxes) Prior to the breakout, ETH traded within a couple of bearish continuation channels, confirming short-term consolidation before resuming the downtrend. These were invalidated after the strong upside breakout past the wedge. Breakout and Retest Zone – $2,100 The $2,100 level has acted as a significant resistance, now potentially flipped into support. Price action suggests a possible retest of this level, which may serve as a springboard for further upside. Immediate Resistance – $2,715 ETH recently hit resistance at around $2,714, which aligns with prior horizontal price congestion. If bulls manage to reclaim and hold this level, the path to higher targets (e.g., $3,000+) opens up. Bullish Scenarios (White Arrows) The chart illustrates a potential scenario where ETH could: Retest the $2,100–$2,250 support zone, Then continue higher toward $2,700 and beyond. 📉 Support Levels to Watch: $2,100 – Previous resistance, now acting as support $1,751 / $1,672 – Next key support zones in case of a deeper correction $1,496 / $1,366 – Historical price clusters during previous consolidation 📈 Market Sentiment & Strategy With strong bullish patterns forming and a major resistance level broken, ETH could be entering a new mid-term uptrend — but a healthy pullback is possible. Traders should: Watch for a successful retest of the $2,100 area for long entries.

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🔍 #TOTAL3 Market Analysis – May 15, 2025 The altcoin market (excluding Bitcoin and Ethereum), tracked by #TOTAL3, is exhibiting a notable recovery as it breaks out of a long-term downtrend. This signals growing investor confidence in altcoins, especially amid renewed interest in risk-on assets. 🔸 Technical Highlights: Descending Trendline Breakout The market recently broke out of a long-standing descending resistance trendline — a strong bullish signal. This breakout suggests that downward pressure has been exhausted and buyers are stepping in. Fibonacci Retracement Levels (Key Zones) From the recent swing low ($660B) to the peak ($1.16T), several Fib levels are acting as key markers: 0.382 – $851.96B: Price is currently consolidating just above this zone. 0.5 – $911B: Recently tested and acting as immediate resistance. 0.618 – $970B: Major resistance level to watch; often a decisive area in reversals. 0.786 – $1.05T: Marks the final hurdle before retesting the all-time high zone. Market Cap Structure After bottoming out around the $660B–$682B region, #TOTAL3 has surged nearly 40%, showing increasing participation in altcoins. The market is now attempting to reclaim the 0.5 Fib level and turn it into support. ⚙️ Market Outlook Bullish Case: A sustained move above $911B (0.5 Fib) could accelerate a push toward the $970B resistance. A break above this would confirm a stronger altcoin season. Bearish Case: Failure to hold above $851B may lead to a retest of the $780B or even $700B support zones. 🧠 Summary The break above the long-term descending trendline, combined with a healthy climb through key Fibonacci levels, paints a bullish picture for altcoins. However, resistance between $911B and $970B remains critical. Traders and investors should watch for either a continuation above $970B or a consolidation above $850B for confirmation of strength.

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$LINK is quietly building. Months of consolidation inside a falling wedge. No hype. No noise. Just structure forming. Now, price is hugging the upper trendline — and when wedges get this tight, a move usually follows. Breakout above = momentum shift. Smart entries are made before the crowd wakes up. The chart is speaking — and $LINK might be the next to move. #LINK

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Dogecoin ( $DOGE ) chart: $DOGE | The Calm Before the Surge Dogecoin has been consolidating just beneath key resistance, building pressure like a coiled spring. • Current Price: $0.169 • Major Breakout Level: $0.210 — Flip this, and momentum could explode. • Targets if breakout happens: • 0.382 Fib: $0.26 • 0.5 Fib: $0.30 • 0.618 Fib: $0.34 • 0.786 Fib: $0.40 Support remains firm between $0.13–$0.15, keeping the structure intact. The setup is clear. Once $0.21 falls, the run toward $0.30+ could be fast and loud. Stay alert. Momentum can shift quickly.

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Ethereum ( $ETH ) Price Analysis Ethereum has been consolidating in a downward pattern, testing key levels and showing signs of a potential bullish breakout. Here’s the breakdown: • Resistance Zone: Ethereum faces strong resistance around $2,750. A break above this level could push ETH toward $2,900 and potentially even higher targets. • Support Levels: The key support levels are around: • $1,850 (a solid area for potential bounce) • $1,672 (strong demand zone) Scenarios to Watch: • Bullish Breakout: If Ethereum manages to break above $2,100, it could target $2,750 and potentially $2,900. • Bearish Pullback: In case of rejection, expect ETH to test the lower support around $1,850 and potentially retest $1,672. Ethereum’s future move heavily depends on how it handles these support and resistance levels. Watch for a breakout or breakdown in the near future!

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