$ETH
Ethereum has successfully broken above the neckline of a cup and handle pattern on the daily chart
The breakout confirms bullish momentum after completion of the consolidation phase
After a retest, the price could drive toward targets at $3,200, $3,500, and $4,000🎯
IS NOW TOO LATE TO BUY?
I did some market research, so you dont have to!
Bitcoin moved from a high near 123K down to 116K as traders took profits following institutional inflows and positive sentiment around US crypto legislation. The pullback reflects uncertainty despite strong year-to-date gains.
Altcoins including $XRP and have followed BTC’s structure closely. Lower highs and lower lows across majors indicate continued weakness, with buyers stepping back during rallies.
On the 15m to 4h timeframes, trend remains bearish. BTC and majors are all below key moving averages. Failed bounce attempts are being sold into. Breakouts lack volume, which often leads to fake moves.
Retail positioning has been long-heavy. Funding rates have flipped from positive to neutral or slightly negative. Sentiment is still greedy (Fear & Greed Index ~70) but cooling. Inflows to exchanges and increased whale activity suggest profit-taking rather than accumulation.
XRP tested the $3.00 level after a 30 percent move in a week. Technicals have shown bullish signs like Fibonacci extensions and bullish options flow. Analysts have cited $3.40 to $4.50 as upside targets if BTC stabilizes. However, network data points to a short-term cooldown. Unless XRP closes above $2.90 to $3.00 with strength, further downside is likely in line with BTC.
Key Levels to Watch ‼️
BTC
Support: 116K then 114K
Reclaim target: 118K to flip structure
XRP
Support: 2.76
Reclaim target: 2.90 to regain momentum
Strategic Summary
Scalpers and short-term traders should short resistance zones with tight stops
Swing traders should wait for confirmation above 118K BTC before building long exposure
Spot buyers are better off waiting or dollar-cost averaging near lower support
The market is currently in a short-term distribution or pullback phase. BTC must reclaim $118K and hold to reverse sentiment. Until then, the trend favors the downside. However, mid-term structure remains BULLISH as institutional demand and regulatory clarity build in the background.
$PROM /USDT — Bullish Momentum Locked In!
$PROM is making a strong run, now trading at 7.78 USDT (+5.43%) with solid signs of continuation 📈🔥
The move from 7.27 → 7.80 shows clear breakout structure — but it needs volume confirmation above 7.80 to fly higher!
💰 Entry Zones:
• Aggressive: 7.60 – 7.80 — Ideal zone for breakout traders if $BTC remains calm.
• Conservative: 7.20 – 7.40 — Wait for the dip & snipe a better R:R setup.
🎯 Targets Ahead:
• TP1: 8.20 – Push beyond recent highs
• TP2: 8.50 – Psychological breakout zone
• TP3: 9.00 – Moon level if NFT hype kicks in 🚀
🛡️ Stop Loss: Below 7.20 — lose this and we might retest 7.00
📊 Key Levels to Watch:
• Support: 7.20 / 7.40
• Resistance: 7.80 / 8.20 / 8.50
• Pivot: 7.70 — if price closes above on the 1H, bullish strength confirmed 💪
💡 Pro Tip:
$PROM is deep in the NFT sector — sudden hype can send it flying. Trail your stop, scale out profits, and stay nimble.
Volume is warming up, structure is bullish, and the NFT pulse is flickering — this one might just heat up fast 🔥
{spot}(PROMUSDT)
BNB Chain is on.
@BNBCHAIN, one of the most widely used blockchain networks, will soon support Ondo's suite of tokenized assets, including over 100 US stocks, ETFs, and funds to start.
As part of this collaboration, BNB Chain joins the Global Markets Alliance, a growing group of leading wallets, exchanges, custodians, protocols, and infrastructure providers bringing capital markets onchain and setting the highest standards for tokenized securities.
Global Markets are coming onchain.
CPI data just dropped and it’s giving mixed signals. Month-on-month CPI came in at 0.3%, exactly what the market expected but it’s still higher than last month’s 0.1%, so price pressure is climbing a bit. Year-on-year CPI is a little hot too at 2.7% vs 2.6% forecast, showing that inflation isn’t fully cooling off yet.
Now here’s the interesting part Core CPI came in soft at 0.2% (forecast was 0.3%). That’s a solid positive. It shows long-term inflation pressure is calming down, which supports the idea of rate cuts.
But this also puts the Fed in a tough spot. Core is soft = dovish case builds ✅. Headline is sticky = hawkish argument still alive ❌. So Powell might hold back a bit on flipping the stance just yet.
Markets will probably stay neutral to slightly bullish in the short term because of the soft core print. But if the next PCE data also comes in hot, expect the Fed to stay cautious no green light for aggressive risk just yet.
Risk assets like crypto and stocks might chop around for now. But if the Fed drops even a hint of rate cuts in their forward guidance, that could flip the switch and trigger a full-on rally. But if they dont then vice versa
Stay alert. Things are getting interesting.