Ethereum $ETH has popped out of a textbook bull-flag pattern — a powerful continuation signal following a sharp rally (flagpole) 🚩⬆️. This breakout signals strong upward momentum, with a measured move target set around $6,000 💰🔥. 🔹 Breakout above the flag channel confirms bullish strength 💪 🔹 Target price aligns perfectly with the flagpole projection 🎯 🔹 Confirmation to watch: sustained follow-through candles 🕯️ + rising trading volume 📊 🔹 Smart risk management: place stops near the flag’s lower trendline or pole base 🛑
Historically, this pattern often leads to accelerated moves and can launch $ETH into a parabolic phase 🚀🚀 if momentum holds strong.
⚠️ Tip: Trail your stops carefully to protect gains as the rally unfolds and stay alert for any reversal signals.
BTC Bull Run in Progress: Eyeing $250K Target Within Multi-Year Uptrend 🚀📈
🚀 $BTC remains locked within a multi-year ascending channel 📈, with strong support steadily pushing higher lows 🔥 and resistance marking major cycle peaks ⛰️. The current structure shows a bullish continuation pattern 💪 as $BTC breaks upward from consolidation 🔄, aiming for the channel’s upper boundary 🎯. Target zone: around $250K 💰, perfectly aligning with the long-term resistance trendline 📊.
Picture this — ETH hits its ATH at $4,891.70 🏔️, then the dump kicks in 📉. 150K traders go short, each with $10 and 50x leverage ⚡ — that’s $500 per trader. Total short power? $75M 😳 At ATH, ETH’s market cap was $587B. Math says $75M pressure = only about a $0.63 drop. But in real markets? Whales 🐋, panic selling, and liquidations 🔥 can crash it all the way to $2,100!