Briefly and succinctly about the situation in the market, therefore we will analyze Bitcoin and Ether
#BTC
Overall, my extreme scenario from last week worked out quite well, where I expected movement towards the key support of $100K-101K, beautifully bouncing off the local rising support from April, reinforced by the 200DMA 6H. We even managed to avoid a dip to $98K, soaring 10% and returning to the zone of the last historical high.
Musk has reconciled with Trump, America and China have more or less agreed on trade relations, now it remains to make another new high. The 1W TF closed with a confident bullish pin-bar and it is quite likely that this week we will make a new ATH on positive news, after which I expect a deeper correction to the area of $95K, where the global rising support, formed from two highs of 2021, is currently located (see 1W TF)
#ETH
Ether is growing more confidently and is also successfully fulfilling my expectations from last week. Yesterday it broke out of an ascending triangle and today it even made a retest of support, continuing to move towards the targets above. I see a more global target in the zone of $3500-3600, where there is currently strong descending resistance, followed by a good correction or a prolonged consolidation below it. As intermediate targets, I consider levels of $3000 and $3200.
#TOTAL2
On the chart of the capitalization of all altcoins, we are once again approaching strong mirror resistance, upon breaking which, with a simultaneous decrease in Bitcoin dominance #BTC.D, the altcoin market will noticeably revive, especially if it manages to consolidate above the values of 1.3T.
from the CryptoPrime team 10.06.2025: #marketoverview #Web3 #token
#AXLUSDT
Volume - 1 billion/24h Top growth. The asset on the rise has formed resistance in the form of a flat on M5, and has gone to trade below it. A slope is also forming with two tests. I expect continued trading above the slope, after which a breakout to #SHORT to the first correction.
#ETCUSDT
Volume - 93 million/24h There is a formation of a Head and Shoulders on H1 and execution at 1.618. I expect a corrective movement to the support zone to open a #LONG position for continued growth.
#SYRUSUSDT
Volume - 66 million/24h After a downward movement out of the channel, the asset formed a horizontal level on H4 at 0.45966 and 0.471500. At the moment, the price is actively trading at the maximum and breaking the level. I opened a #LONG position on the breakout.
from the CryptoPrime team 06.06.2025: #marketoverview #Web3 #token
#LPTUSDT
Volume - 358M/24h The asset has started trading in a wide range, more than 40% within the week. Currently, a descending channel has formed on M5. If it starts to be bought back, I will open a #LONG position on a breakout of 7.912
#1000CHEEMSUSDT
Volume - 4M/24h The asset is trading in a downtrend. On M5, it is forming a cascade of low levels 0.0013990, 0.0013920. In the event of a sharp drop in Bitcoin, I will monitor this situation for a breakout to #SHORT
#AERGOUSDT
Volume - 41M/24h The asset has formed an ascending triangle during the uptrend and has covered the short imbalance. There have been several tests on the trend line. If there is another test and a squeeze to the lower boundary, I will attempt a #SHORT trade
from the CryptoPrime team 06.05.2025: #marketoverview #Web3 #token
#HMSTRUSDT
Volume - 4M/24h The asset is illiquid. On D1, it formed support at 0.001860, where I set an alert for testing. When the price approaches this area, I plan to buy for the medium term.
#DEGOUSDT
Volume - 170M/24h The asset has fallen significantly. Currently, it is consolidating under a weak downtrend. I expect aggressive buying towards the downside. If there is a breakout at the participant, I will open a #LONG position on the breakout.
#1000SHIBUSDT
Volume - 83M/24h The asset is pressing against the low level for the third time. I'm waiting for a moment of acceleration, at which point I will open a #SHORT position.
from the CryptoPrime team 30.05.2025: #marketoverview #Web3 #token
#NMRUSDT
Volume - 191M/24h Asset is at the top of growth! Since the beginning of trading on this asset, a descending trend has been observed on D1. There is also a formation of a Head and Shoulders pattern from support at the current moment. At 12.454, a cascade of highs is forming, to which the price is starting to squeeze. In Futures, I will trade the breakout of these levels in #LONG. In Spot, I will take it for the medium term.
#SPXUSDT
Volume - 137M/24h The asset has been accumulating all day on M5. The lower accumulation zone has a clear test of two hits at the price of 1.0485, below which there is a cascade. I will try a breakout in #SHORT.
#LPTUSDT
Volume - 3B/24h The asset is at the top of growth and volatility. During the rise, it formed a cascade of lows and broke the ascending trend on M5. I expect the formation of a low level at the mirror 11.480 before a strong move in #SHORT.
from the CryptoPrime team 29.05.2025: #marketoverview #Web3 #token
#FARTCOINUSDT
Volume - 423M/24h The asset is approaching an uptrend from April 18 and has three tests on the trendline. There is also a mirror level at 1.1533, which has several approaches. I expect after breaking the trendline to test the horizontal level and consolidate on it. After identifying a strong seller, I will open a #SHORT position on the break of the horizontal level!
#PUMPUSDT
Volume - 8M/24h The asset is growing against the backdrop of a market decline on H4. There is also a Double Bottom formation. After testing resistance at 0.08338 the price did not drop significantly and formed a local accumulation zone. I expect a break of the weak slope, and consolidation above it. If the expectation aligns with the idea, I will open a #LONG position in the mirror level zone.
#AIIOTUSDT
Volume - 4M/24h The asset is in a zone of level formation at the price of 0.30843, where there has been density for two days, and has multiple approaches. I expect another squeeze, and if they continue, I will open a #SHORT position.
Bitcoin surprised us with a new high last week, with a slight degree of unexpectedness, as several signs were already indicating a correction at that moment. Therefore, the new high was expected a little later. But the chart left us with a different story.
In addition to the signs of a reversal (correction) from last week, a couple more have been added: Bearish divergence on the 1D MACD, RSI remains close to the overbought zone, and a reversal pattern "Engulfing" has formed at the historical peak on the 1D.
The nearest support is currently in the $105-106K zone, where a local ascending trend line is also passing.
Looking at the asset's growth since the beginning of April, one might assume that they may not let it go below this support and will continue to push Bitcoin towards another new high (+-$120K).
The next key support zone is $100-101K, dropping below which will likely mean the beginning of a bearish cycle, or rather its confirmation.
#ETH
Despite the fact that the dominance of #BTC.D is not in a hurry to fall, Ethereum looks quite confident. Currently, on the 1D, the support of 200DMA holds and an Ascending triangle is forming, with a squeeze towards the mirror level of $2770. For some time, the asset may move in the range of $2400-2700, continuing to squeeze towards the upper boundary.
If Bitcoin drops simultaneously with the rise in dominance, then ETH should expect a decline to at least the range of $2200-2300, which I expect with a lower probability.
NEW HIGH WITHOUT CORRECTION Hello everyone, colleagues! #BTC Last week, Bitcoin surprised with a new high, somewhat unexpectedly, as several signs indicated a correction was due. Therefore, the new high was expected a bit later. However, the chart told us a different story. A couple more signs of a reversal (correction) have emerged since last week: Bearish divergence on the 1D MACD, RSI remains close to the overbought zone, and a reversal pattern 'Engulfing' has formed at the historical peak on the 1D chart.
from the CryptoPrime team 22.05.2025: #marketoverview #Web3 #token
#SYRUPUSDT
Volume - 82 million/24h The asset is rising after a strong correction. At 0.38541 there is a horizontal level with two approaches on H4. The asset is rising along the trend line. I expect a squeeze towards the horizontal level. If it holds and there is a squeeze, I will open #LONG
#1000PEPEUSDT
Volume - 3 billion/24h The asset broke through the descending trend on H1 and consolidated. On M5, there is a traded range with a level of 0.0147965, to which a squeeze is approaching. With activity in the order book, I will open #LONG
#WIFUSDT
Volume - 905 million/24h The asset is trading in a wedge on M5. The structure is upward. There is a horizontal level at 1.190. If there is a squeeze, I will trade with the trend in #LONG
from the CryptoPrime team 20.05.2025: #marketoverview #Web3 #token
#DOODUSDT
Volume - 19m/24h The asset is rolling after the listing. A wedge pattern is forming. There is a stop and determination of LOW at 0.0038922. After its drop, there was a reverse movement inside the wedge. I expect a test of the LP level for TVX in #LONG
#ALCHUSDT
Volume - 15m/24h The asset is illiquid. On H1, there is a squeeze towards the rising trend line. This will be the 4th time. I expect a squeeze towards it, and if #BTC drops, I will try to go #SHORT on the asset
#WIFUSDT
Volume - 425m/24h The asset is squeezing to a strong support level at 0.9200. There is also the formation of a nearby resistance level. At the support level, there have been three approaches, which increases the probability of a breakout in #SHORT to take out stops below the level of 0.8594
This week there are few news events on the economic calendar, and the most eventful day for reports falls again on Thursday. Therefore, on this day, with the start of the American session, be vigilant.
#BTC
At the end of last week, the asset came as close as possible to historical extremes, breaking out of a symmetrical triangle.
For me personally, a more logical scenario would be further movement down to the $96K-98K zone, from where, after a slight accumulation, I expect a continuation of growth.
As support in the aforementioned zone is the upward slope of the parallel channel (marked on the chart in blue), which we have not yet tested after the breakout, and the 200DMA on the 4H-6H.
At the moment on the 1D timeframe, three indicators are already hinting at the need for a correction:
- RSI in the overbought zone. It will just unload upon a decline. - Bearish divergence with the volume histogram (increase in highs on the chart and decrease in volumes) - Bearish divergence with MACD
#ETH
Ethereum is moving according to the scenario from the last review, having fallen below local ascending support. Next, against the backdrop of Bitcoin's decline, I expect another correction to the $2100-2200 zone, where the paranormal level from 03.02.25 passes, +200DMA 4H, +global ascending support and +zone 50-61.8% on Fibonacci, if stretched over the last impulse from 08.05.
With such a decline, the RSI indicator on the 1D will also unload.
But these are just my expectations. As always, there is an alternative in the market: growth from current levels to historical highs, without pullbacks and accumulations, not giving the best entry point.
These are my thoughts for the current week.
Thank you for your attention! Wishing everyone profit and patience!
from the CryptoPrime team 30.04.2025: #marketoverview #Web3 #token
#FLMUSDT
Volume - 79 million/24h Asset in play. Today it has risen more than 30% Trading below the level of 0.416. This level is a mirror and on M5 the accumulation range is clearly visible. With active pressure to the level, I will open a #LONG trade on the breakout
#VOXELUSDT
Volume - 314 million/24h Asset after active growth forms an ascending triangle at the level of 0.11691. If the price goes above the level, I will try a #SHORT trade on the breakout of the triangle
from the CryptoPrime team 28.04.2025: #marketoverview #Web3 #token
#AVAXUSDT
Volume - 256m/24h The asset has entered accumulation before the breakout level at 23.445. Today, the price made a local peak and returned to trade in the zone. At the test of the hourly imbalance, I opened a #LONG position with the aim to break the level.
#ZECUSDT
Volume - 32m/24h The asset today increased its daily volume 8 times and rose over 20% at its peak. Currently, the downward movement is in a correction phase. I expect the price in the support zone at 35.07 to open a #LONG position.
#WUSDT
Volume - 16m/24h The asset is illiquid. There is a level that has generated interest among participants at H4 0.09290, with which there is constant contact in the form of bounces. Currently, accumulation has formed below this level. If the price breaks out of this accumulation upwards, I will open a #LONG position.
by the CryptoPrime team on 25.04.2025: #marketoverview #Web3 #token
#BIGTIMEUSDT
Volume - 42 million/24h The asset is trading in a zone of strong support, and each bounce creates a smaller reverse movement. Resistance level 0.08335 - 0.08116.
If the price continues to squeeze towards the level, I will try to go #LONG on the breakout.
#TURBOUSDT
Volume - 250 million/24h The asset has grown well and has stopped in a range. There is an increase in volume, but growth is already weakening.
There is also a low level at 0.0040523; if it compresses, I will be looking to go #SHORT.
by the CryptoPrime team 24.04.2025: #marketoverview #Web3 #token
#INTIUSDT
Volume - 167 million/24h The asset price returned to the low listing price level of 0.5847. I expect the formation of a third approach and consolidation for a breakout at #SHORT
#RAREUSDT
Volume - 42 million/24h The asset is trading under a downtrend since April 4 on H4 and has had 4 approaches. There is an active participant who occasionally sets buy limits and drives the price up. I expect to see this participant's activity to enter at #LONG
#ZROUSDT
Volume - 24 million/24h The asset is gaining volume very slowly and with small limits. All its corrective movements were accompanied by buy limits of 200k. On H4, the downtrend from March 22 has been broken and the price has held above it. Opened a #LONG trade.
from the CryptoPrime team 23.04.2025: #marketoverview #Web3 #token
#ALCHUSDT
Volume - 173 million/24h The asset has approached its historical high at 0.2300 after the rise. It is currently trading in a triangle on M30. If it breaks through actively, I will open a #LONG position until testing the maximum
#NEIROETHUSDT
Volume - 368 million/24h The asset is in play There is a horizontal level at 0.6564 on M5, which was broken through uncertainly, and there remains a liquidity pool. A test is currently forming. If the price holds below it, I will open a #SHORT position
#PNUTUSDT
Volume - 122 million/24h The asset has established a support zone at the round number 1.5000, from which the price began to rise. I expect a return to test for opening a #LONG position from the strong support zone
from the CryptoPrime team 21.04.2025: #marketoverview #Web3 #token
#XRPUSDT
Volume - 1 billion/24h The asset has contracted in accumulation under the descending trend since March 19. There are four approaches to the slope. Accumulation time is three days. The range is 4.9% movement. Upon the price exiting the accumulation, I will open a #LONG position
#RSRUSDT
Volume - 16 million/24h The coin is illiquid. H4 the asset formed a cascade of high levels 0.008049, 0.008229, 0.008405. It is also rising from the ascending trend and is being compressed. When compressing to the first level and trading under it, I will try to break through in #LONG
#JUPUSDT
Volume - 27 million/24h The asset is illiquid. There is a formation of a Triangle pattern with a horizontal level at 0.4115 with three approaches, without spikes. I expect another test and activity in the order book. If everything aligns, I will break through in #LONG
from the CryptoPrime team 18.04.2025: #marketoverview #Web3 #token
#BANDUSDT
Volume - 2 million/24h The asset is illiquid. It has been trading under a downtrend since December 9. On D1, there are 4 approaches to the downtrend. The price established a local low at the round number 0.5500, and from the test of support at 0.6387, there was a local bounce into the downtrend zone. Currently, there is no activity. I will continue to monitor. If they push towards the trendline, and a buyer appears, I will open a #LONG trade on the breakout.
#SOLUSDT
Volume - 2 billion/24h The asset has tightly approached the horizontal level of 136.26, but there is no participant to push the price upwards. However, there is an accumulation range in which the asset has been trading all day. At the price of 133.70, there is a density of 7 million $ on the spot. When it gets eaten away, I will open a #SHORT.
#TONUSDT
Volume - 37 million/24h The asset formed a low level at the price of 2.35002, after which there was active growth and the establishment of another minimum, which was secured above the previous one. There is a consolidation at the 0.382 level according to Fibonacci. I expect a push towards the round $3. If that happens, I will open a #LONG trade.
from the CryptoPrime team 14.04.2025: #marketoverview #Web3 #token
#LAYERUSDT
Volume - 173m/24h The asset has been growing well. Currently, volumes have dropped and the price has started to squeeze towards the local ascending support on M30, from April 12. I expect activity in the area of squeezing to the incline, for a breakout in #SHORT
#ORCAUSDT
Volume - 372m/24h The asset is moving very technically and clearly. After an active rise, the price has hit the zone of formation at 4.720 and has made 4 approaches to this area on H4. I expect clear squeezing to the level for a breakout in #LONG
#VIRTUALUSDT.P
Volume - 59m/24h The asset has formed support in the range and has exited accumulation with an increase in volume. Currently, I am waiting for a correction to the level 0.5000 for a rebound in #LONG
This week is expected to be light according to the economic calendar, important reports are released only on Wednesday and Thursday, and on Friday the American stock market is resting. Of all the events and reports on the calendar this week, I would like to highlight the speech of the head of the Federal Reserve System, J. Powell, tomorrow at 20.15 Moscow time.
#BTC
Bitcoin has been moving since last week according to our expectations. As I said in the previous review, we received a reaction in the $85K zone, where there was a whole bunch of resistance.
At the time of the review, it seems that the asset is preparing to break through the $86K level to collect liquidity on the heat map, accumulated up to $89K.
Then I expect a correction to at least $82K. We are talking about local movements. Further, if the $81K-82K zone is held after liquidity is collected on the heat map, then we can talk about a breakdown of the downward trend and the emergence of a second support point for a new local upward trend, in which we will continue to grow to the key seller's block in the $90K area. In case of a price failure under $82K, we return to the $70-74K block
#ETH
Ether is also still weak and from the last review last week has not even reached the $1730-1750 level that I mentioned.
If buyers with volumes appear in the near future, there is a chance to reach $1950-2000. Otherwise, we will see a maximum of $1750 and a roll into the buyer block of $1400-1500
Today, the documentary film "Vitalik: An Ethereum Story" is released worldwide, which will tell us about the life of Vitalik Buterin, from the first steps in creating Ethereum to his philosophical view of the future of technology. The premiere will take place on Apple TV and Prime Video. It is quite possible that this will have a positive effect on the price of Ether itself. Let's take some seeds, cornflakes and watch.
Thank you for your attention! Have a productive week!