CipherX

Keep wide eyes open for $KERNEL

Ethereum netflows are skyrocketing.

In the past month alone, ETH has recorded $4.9B in netflows.

This clearly shows that liquidity is entering into Ethereum, and on-chain activity is rising.

At this point, a price pump loos inevitable.

$ETH has reclaimed its multi-year support trendline.

It had a fakeout last week, but bulls pushed another close above it.

Now, I'm looking for a sustained uptrend given global assets are hitting new highs.

$3K ETH by mid-July and $4K ETH by Q3 end.

Is it too much to ask for?

Options Expiry Alert 🚨

$17.3 billion in BTC and ETH options will expire today.

$15 billion worth of BTC options with a max pain at $102,000 will expire today.

$2.3 billion worth of ETH option with a max pain at $2,200 will expire today.

I think this is the reason BTC and ETH have been consolidating.

Once this happens, they'll catch-up with the stock market.

M2 supply and BTC chart is broken.

It's all over for BTC.

This is what bears have been saying for days now.

But to me, the M2 supply and BTC correlation looks perfect.

There was a dip in M2 supply too, and BTC dumped.

Now, M2 supply and BTC is showing an upside move and it's happening.

$120K BTC is coming sooner than expected.

Time to LONG $KERNEL 👀

I'm not selling BTC at current prices.

There's still one major move left and I don't want to be a panic buyer at the top.

Whenever BTC has touched this upper trendline, a top has formed.

Right now, it's showing a target of $180K-$200K BTC for this cycle.

I wouldn't wait for exact top and will start selling once BTC goes above $160K.

What's your top price prediction for BTC this cycle?

Metaplanet is slowly becoming the next MicroStrategy.

Today it announced the acquisition of another 1,234 BTC for $133 million.

As of now, Metaplanet holds 12,345 BTC worth $1.33 billion.

I wouldn't be surprised if Metaplanet BTC holdings hit 40K-50K in 2025.

Whales are opening BTC long positions.

This shows that smart money is expecting big upside.

Unlike retail, BTC goes up when whales open long positions and dump when they go short.

Historically, whales positions have shown 93% correlation with BTC price.

Are you bullish or bearish now?

Wait for the breakout,downtrend is about to end for $KERNEL

$ETH golden cross could happen anytime soon.

Does that mean ETH will dump similar to BTC?

Unlike BTC, ETH immediately starts to pump after golden cross.

In Q4 2024, ETH pumped 35% in just 4 weeks.

Something similar happened in Q1 2024 too, which pumped ETH above $4K.

Are you ready for ETH big move?

BTC mostly moves towards the max pain region.

And right now, it's to the upside.

If BTC pumps 10% from the current level, $11.11B in shorts will get liquidated.

If BTC dumps 10% from the current level, $5.8B in longs will get liquidated.

Do what you can with this information.

BTC dominance almost retested multi-cycle resistance level.

Is this the top or a new cycle high is coming?

To be honest, it feels like there's one leg up left for BTC dominance.

It could happen probably by mid-July, and will mark the top.

This doesn't mean alts will crash, but they'll underperform BTC in an uptrend.

The upward move in BTC dominance will be very similar to 2020-21 cycle, and it'll be a blow-off top.

After that, the real fun for alts will start.

BTC dominance almost retested multi-cycle resistance level.

Is this the top or a new cycle high is coming?

To be honest, it feels like there's one leg up left for BTC dominance.

It could happen probably by mid-July, and will mark the top.

This doesn't mean alts will crash, but they'll underperform BTC in an uptrend.

The upward move in BTC dominance will be very similar to 2020-21 cycle, and it'll be a blow-off top.

After that, the real fun for alts will start.

BTC dominance almost retested multi-cycle resistance level.

Is this the top or a new cycle high is coming?

To be honest, it feels like there's one leg up left for BTC dominance.

It could happen probably by mid-July, and will mark the top.

This doesn't mean alts will crash, but they'll underperform BTC in an uptrend.

The upward move in BTC dominance will be very similar to 2020-21 cycle, and it'll be a blow-off top.

After that, the real fun for alts will start.

Global liquidity is nearing a new ATH again.

It dipped a bit in the past few weeks, but now the reversal has started.

Also, DXY weakness is likely to continue which will further give more room for other countries to print more money.

Talking about uncertainty, both tariffs and war situations have been over.

Expect some more green candles and a possible new ATH for BTC in July.

PEACE is bullish for $KERNEL

ETFs have completely changed the game for Bitcoin.

In just 18 months, they have acquired 4% of total BTC supply.

Just today, they hit another major milestone of $1T in cumulative trading volume.

I hope one day the ETFs will also push ETH just like it did with BTC.

$ETH Price Update 🚨

● Following Wyckoff accumulation pattern

● Retested and bounced back from support level

● Daily close below $2.1K will invalidate this pattern

The next major target for ETH is $2.9K-$3K before any correction.

Unlike this one, the next correction will be short-lived.

I still think that ETH is going to hit $3.5K-$4K in Q3 2025.

One Major Catalyst For Liquidity Injection 🚨

Altseason needs QE, and it hasn't happened this cycle.

The Fed is also calling for rate cuts to be delayed, which is even more bearish.

But now, the US bank regulators are planning to indirectly inject liquidity.

This will be done by easing SLR restrictions, which will allow banks to buy more T-bills.

The purchase of T-bills will bring yields down and make the borrowing easier.

It will also provide additional liquidity in the market, which could flow into different assets, including crypto.

It will not be direct QE, but it will definitely bring more attention to risk-on assets.