I no longer track the charts, guys.
Let me tell you about the past events.
In Q4 of last year (2024), BTC was at its peak and I remarked that altcoins would be in trouble in Q1 of 2025, especially ETH. If anyone noticed my previous ETH posts, I predicted it would break the M view at 1750 and drop to the 13xx range, the lower BB band, and I stated this when it was still at 3300.
- At the moment it broke 1750, I thought the alt season was approaching like in previous cycles. So, I expected it to test the bottom range of 800-1000, and BTC might test the tail at 73700 or lower.
But I was wrong; subsequently, it did not test deeply around 700-800, and BTC did not test the tail at 73777 according to the monthly Q3 view.
Due to the Fed quietly injecting money by buying back bonds and Trump starting to take a softer stance on tariffs with the protests in the US.
And the bullish cycle began at the mark of 83,000 when Trump lifted tariff barriers. BTC broke resistance at 85500 and surged to a peak of 111,963.
An increase of nearly 30,000 in price (this is the major wave 3).
Thus, my assessment still had inaccuracies compared to market fluctuations.
However, I still posted signs of increases and warned of potential risks afterward for both BTC and ETH.
I feel my assessment is still at a 50/50 level with market volatility. So, please refer to it.
But I assure you no one on Binance predicted ETH would drop to 13xx except me when ETH broke 3,000.
Let me tell you about the past events.
In Q4 of last year (2024), BTC was at its peak and I remarked that altcoins would be in trouble in Q1 of 2025, especially ETH. If anyone noticed my previous ETH posts, I predicted it would break the M view at 1750 and drop to the 13xx range, the lower BB band, and I stated this when it was still at 3300.
- At the moment it broke 1750, I thought the alt season was approaching like in previous cycles. So, I expected it to test the bottom range of 800-1000, and BTC might test the tail at 73700 or lower.
But I was wrong; subsequently, it did not test deeply around 700-800, and BTC did not test the tail at 73777 according to the monthly Q3 view.
Due to the Fed quietly injecting money by buying back bonds and Trump starting to take a softer stance on tariffs with the protests in the US.
And the bullish cycle began at the mark of 83,000 when Trump lifted tariff barriers. BTC broke resistance at 85500 and surged to a peak of 111,963.
An increase of nearly 30,000 in price (this is the major wave 3).
Thus, my assessment still had inaccuracies compared to market fluctuations.
However, I still posted signs of increases and warned of potential risks afterward for both BTC and ETH.
I feel my assessment is still at a 50/50 level with market volatility. So, please refer to it.
But I assure you no one on Binance predicted ETH would drop to 13xx except me when ETH broke 3,000.
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ETH
3,690.51
+2.48%
