Ethereum Technical Price Analysis: Is $3300 on the Way?
A bull flag formation has appeared on the Ethereum chart, and in my opinion, it's getting ready to break out in the short term. In other words, a breakout seems imminent. $ETH
ETH has been consolidating between $2400 and $2700 for the past 17 days. This price action, combined with the previous strong upward move, has formed a classic bull flag pattern on the chart. #ETH #Ethereum
In addition, ETH has been holding above the 200-day EMA for the last 17 days. Staying above the 200-day EMA is a bullish signal, and it's highly likely that in the next strong move, we could see ETH in the $3000–$3500 range. This is the kind of clear bullish signal we’ve seen before major rallies in the past.
Alongside this signal and analysis, we can say that ETH is the pulse of the altcoin market. When ETH moves, the rest of the altcoins often follow. Based on this ETH signal and analysis, we may see similar positive movements across many altcoins. That’s why this signal could be an important reference point for you. If ETH takes off, the altcoin market will explode.
⚠️ Reminder:
Chart patterns are like maps. They show the route, but you're in the driver’s seat.
Patience, discipline, and a solid plan are what make winners in this market.
#Bitcoin Technical Price Analysis: Is 112K on the Way?
We are facing a classic yet powerful pattern in Bitcoin: the Double Bottom. This formation is one of the strongest reversal signals, indicating that bearish pressure is weakening and buyers are beginning to regain control. #BTC $BTC
🔍 Technical Overview:
Bottom 1: 106,800 USDT (May 23)
Bottom 2: 106,600 USDT (May 25)
Neckline: 109,000 USDT
Breakout Level: Successfully broken and holding above it.
Pattern Price Target: 112K
🚀 The price is currently hovering around $109,400, and the pattern has officially been activated. The breakout came with strong volume, signaling increased bullish momentum. If this zone holds as support, levels above $112,000 are well within reach.
🧠 “Double bottoms are where the market says: ‘We’ve sold enough.’ When buyers defend the second bottom, it sends a message: Now it’s our turn. But remember, not every pattern plays out. Know your risk, make your decision.”
⚠️ Remember: Patterns are like maps — they show you the way, but you're the one driving. Those who move with patience, discipline, and a plan will be the winners.
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Hello friends, while reviewing CryptoQuant data, I noticed an interesting detail that I'd like to share with you. Looking at the Spot Taker CVD (90-day volume difference) chart, we can see a recent shift back into the green phase. What does this mean?
📌 In short: Buy orders (taker buy) have become dominant again. In other words, more buy orders are being placed in the market than sell orders. This generally signals that the uptrend may continue. $BTC
📉 In previous months, the chart was mostly red, indicating strong selling pressure, which impacted the price—leading to declines.
🔄 Now, things seem to be changing. Buyers appear to be stepping back into the market.
🧠 What Should We Take From This?
The summary of the situation: As the price tests above $110K and reaches a new all-time high (ATH), buyers have not backed down. This could be setting the stage for another wave of upward movement.
Of course, as always, cautious optimism is the best approach.
🔥 BREAKING: Cardano is integrating Bitcoin into its Lace wallet, allowing users to access Bitcoin-powered DeFi applications directly on the Cardano network.
Trump Claimed, Beijing Denied: ‘No Tariff Talks with the U.S.!’
While President Donald Trump asserted that negotiations on customs duties with China were ongoing, Beijing fired back with a striking rebuttal. In a statement from China’s Embassy in Washington, officials declared that there have been no discussions or negotiations between the two countries regarding tariffs. The statement underscored that Trump’s assertions were “completely misleading,” noting that China and the U.S. have not even held any consultations on the matter.
Spot Bitcoin ETFs saw over $3 billion in inflows this week, marking the first time in five weeks that there has been a full week of consecutive inflows.