Cryptonerdtrader

$ETH : Eyeing an Upward Move or Just Another Fakeout?

Ethereum ($ETH ) – Trade Setup & Outlook

Current Price: $1,613.89
Intraday Range: $1,577 – $1,651

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Key Levels

- Support: $1,580 – Strong buying interest here.
- Resistance: $1,650 – Needs to break for a bullish move.

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Short-Term Trade Idea:

- Long Entry:Above $1,650 with volume confirmation.
- Target 1: $1,700
- Target 2: $1,750
- Stop Loss:Below $1,580

- Alternatively:Buy the dip near $1,580 with a tight stop below $1,570.

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Long-Term Outlook:

- Bullish Post-Halving: Ethereum remains a strong contender in the DeFi and smart contract space.
- Upcoming Upgrades:The Pectra upgrade aims to enhance network scalability and performance, potentially boosting ETH's value.

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Technical Indicators:

- RSI:Neutral, indicating no overbought or oversold conditions.
- MACD:Bullish crossover on the 4-hour chart, supporting upward momentum.
- Volume:Increasing, confirming buying interest.

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Bottom Line

ETH is testing key resistance at $1,650. A breakout could lead to a move towards $1,700. Long-term prospects remain positive due to network upgrades and strong fundamentals.

Disclaimer Here: Not Financial Advice

#BTCRebound #ETH #Write2Earn

$BTC – Breakout Loading or Fakeout Trap?

Bitcoin’s hanging around **$88K**, and the market’s acting like it’s waiting for someone to make the first move. That “calm before the storm” vibe is real.

What’s the setup?

- Key resistance: ~$88.5K – We’ve tapped it a couple of times but no clean break yet. If we break it with volume, $90K is the next magnet.
- Support zone: ~$84.5K – Solid demand here. If price dips into this zone again and holds, that’s a decent bounce play.
- Range: ~$84.5K–88.5K – Until we break out, it’s chop city. Great for range scalping, risky for breakout trades (unless confirmed).

Short-term play idea:

- Long above $88.5K with strong volume
- TP1: $90K
- TP2: $92K
- SL: Below $86.5K

- Or: Buy the dip at $84.5K with tight risk below $83.5K
- Play the bounce back to mid-range or resistance

Long-term? Still bullish post-halving. Every dip is a potential accumulation zone—but zoom out, and don’t ape in blindly.

Indicators say:

- RSI: Mid-range—room to go either way.
- MACD: Leaning bullish on 4H, but no full send yet.
- Volume: Still low—watch for the surge to confirm the move.

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Bottom Line

$BTC is range-bound between $84.5K–88.5K. Play the range or wait for a real breakout. No breakout = stay patient. Breakout = ride the wave.

Disclaimer Here: Not Financial Advice

#Write2Earn #BTC

Well my entry price for ARB is 0.346, do you think it's a good entry price towards this upcoming bull run? I mean, I wish I had bought at 0.2946, but who would have thought?

Well my entry price is 0.346, what do you think I should do then?

WHAT'S NEXT FOR CRYPTO MARKETS?: IS THIS CYCLE MEANT TO BE JUST A NEVERENDING ROLLERCOASTER?

Well it's pretty clear by now that there's no point in discussing whether this is either a bullish or a bearish stage of the ongoing crypto cycle, since this continuing succession of bullish and bearish fakeouts, in particular for #BTC and to a lesser extent for #ETH , clearly denotes that disregarding what crypto enthusiasts or detractors might expect to end up happening on paper, in practice this is shaping up to be a rollercoaster that poses a huge challenge for anyone who intends to successfully profit from whatever it is that's actually happening here

$BTC $ETH #MarketPullback #WhiteHouseCryptoSummit #Trump’sExecutiveOrder

#ARB BACK BELOW 0.4! : POTENTIAL RETEST OF ATL ZONE RIGHT AHEAD?

$ARB is breaking below the key support level standing at 0.40 and risking another retest of its latest ATL (All-Time-Low) area right below 0.35, is this rollercoaster here to stay?

#MarketPullback #WhiteHouseCryptoSummit $BTC $ETH #Layer2

#BTC CLOSE TO BREAKING BELOW DAILY EMA 200!: ANOTHER BEARISH FAKEOUT IN MOTION MAYBE?

$BTC is on the verge of breaking below its EMA 200 on the daily timeframe, even after the latest #NFP reading came in lower than expected this Friday, thereby signaling potential weekness in labor markets, yet volatility continues to take over the scene since the long awaited #WhiteHouseCryptoSummit didn't actually match expectations, risking another bearish fakeout anticipating another potential retest of even further downside targets were this to actually end up triggering an extended downward move

#MarketPullback #JobsReportShock

#NFPCryptoImpact SHORT-TERM BULLISH YET STILL A ROLLERCOASTER MOST LIKELY AHEAD FOR #BTC AND #ETH

The lower than expected NFP reading this Friday may seem bullish at first, as it tends to spark short-term upward moves mostly reflected in sharp wick ups when taking a look at candlestick charts

However, this does not necessarily imply a sustainable move upwards, in particular within the context of this highly news-driven phase of the ongoing crypto cycle, framed by a succession of bullish and bearish fakeouts making it seem like a neverending rollercoaster, even for $BTC and $ETH as key reference bencharmks

#Write2Earn $BTC #MarketPullback

NFP SLIGHTLY LOWER THAN EXPECTED!

NFP reading came in slightly lower than expected at 151k versus 159k consensus, which might spark some short-term bullishness yet still not necessarily a sustainable upward move for $BTC $ETH as well as altcoins

#Write2Earn #NFPCryptoImpact #MarketPullback #WhiteHouseCryptoSummit #BTC

Well it's long-term bullish yet short-term most likely bearish

CRYPTO RESERVE: WHY IT'S SHORT-TERM BEARISH

The long-awaited strategic reserve is mostly focused on #BTC , which is the only crypto asset that's going to be bought and through a budget-neutral strategy, thereby not actually likely to result in the kind of demand shock that many crypto enthusiasts were expecting

As for altcoins, only a few selected ones appear to be specifically in the plans for the digital assets stockpile, which also paints quite a disappointing picture within a context of cyclically high volatility

#Write2Earn $BTC $ETH #WhiteHouseCryptoSummit #MarketPullback #NFPCryptoImpact

#ETH STILL RANGEBOUND AND FAR BELOW KEY RESISTANCE LEVELS: FURTHER DOWNSIDE IN THE CARDS?

After breaking below 2k from the first time since 2023 earlier this week, $ETH remains persistently stuck far below the 2.5k resistance, still trading dangerously close to the formerly referred to key support level at 2k

On top of this, even further downward pressure might be brought about by incoming NFP data along with the #WhiteHouseCryptoSummit

#Write2Earn $ETH $BTC #MarketPullback #NFPCryptoImpact

#BTC FACING POTENTIAL DOWNWARD PRESSURE WITH NFP LOOMING RIGHT AHEAD!

$BTC is still on a rollercoaster and potentially facing even further downward pressure as NFP data could send even more shockwaves into this highly news driven phase of this ongoing crypto cycle, along with the upcoming #WhiteHouseCryptoSummit from which too much is expected yet most of its positive features appear to have been already priced in through short-term pumps ending up in bearish fakeouts, thereby making it highly likely for it to turn out to be a sell-the-news type of event, since keeping up with such high expectations seems like a neverending challenge

#Write2Earn #NFPCryptoImpact #MarketPullback $BTC $ETH

#ARB HOVERING AROUND 0.40 SUPPORT: FURTHER DOWNSIDE AHEAD?

$ARB continues to hover around the 0.40 key support level, after briefly breaking below this area as high levels of volatility continue to build up towards the upcoming #WhiteHouseCryptoSummit as well as incoming NFP (Non-Farm Payrolls) data, a reading that could spark even further downside pressure if it were to come in higher than the expected 159k

#Write2Earn #MarketPullback #NFPCryptoImpact

#BTC BREAKING BELOW 90K!!!! ANOTHER BEARISH FAKEOUT?

$BTC has once again broken below the 90k support, thereby potentially making its latest rebound into another bearish fakeout anticipating even further volatility to the downside in anticipation of this Friday's key incoming NFP (Non-Farm Payrolls) reading along with the #WhiteHouseCryptoSummit and its implication on the long-awaited strategic crypto reserve

#Write2Earn #MarketRebound #TrumpCongressSpeech $BTC $ETH

#ARB BREAKING BELOW KEY SUPPORT LEVEL!!!

$ARB is breaking below the 0.40 key support level, which might potentially trigger even further downside pressure and a retest of its ATL (All-Time-Low) area in between 0.35 and 0.38

#Write2Earn #Arbitrum $BTC $ETH
#WhiteHouseCryptoSummit #USJobsSlump

WHY NOT TO EXPECT TOO MUCH FROM THE #WhiteHouseCryptoSummit

High levels of volatility are expected from this upcoming Friday's key events, namely the latest incoming NFP (Non-Farm-Payrolls) reading and the White House Crypto Summit, in partucular from the latter, given the extent to which this news-driven crypto market appears to be pricing in anything revolving around the confirmation of the long-awaited strategic crypto reserve

This implies that in order to actually stand a chance of even matching such level of expectations driving a rebound for #BTC as well as for #ETH and altcoins even further, there would most likely need to to arise still unkown and therefore unexpected positive drivers linked to such already priced in developments, at the risk of otherwise triggering a selloff potentially making this latest rebound into another bearish fakeout

As a matter of fact, even pro-crypto politicians such as Senator Cynthia Lummis have been hinting that actually setting up such strategic crypto reserve might take longer than expected

Which is why I am hereby again highlighting the key relevance of risk management, always closely linked to our profile as traders and investors, in particular to avoid being foolishly misled by unreasonable expectations

#Write2Earn $BTC $ETH #MarketRebound

WATCH OUT!!!! US SENATOR HINTS THAT CRYPTO RESERVE MIGHT FACE DELAYS!

Pro-crypto US Senator Cynthia Lummis hints at the fact that actually setting up the strategic crypto reserve might face further delays and would therefore end up taking more time than enthusiasts expect

This is highly relevant to keep in mind when analyzing trading setups for #BTC and #ETH and in particular for more volatile altcoins, since pricing in unreasonable expectations in fact tends to trigger flash crashes mostly fueled by sell-the-news type of events

#Write2Earn $BTC $ETH #WhiteHouseCryptoSummit #USJobsSlump

WILL THE #WhiteHouseCryptoSummit BE THE CATALYST MARKETS ARE EXPECTING OR MERELY JUST A SELL THE NEWS TYPE OF EVENT?

From this latest #MarketRebound it seems that crypto markets are indeed pricing in amazing news from this upcoming first ever White House Crypto Summit, in particular by praising it in advance as probably the one most significant catalyst triggering the long-awaited altseason

However, given the fact that so far this crypto cycle has been mostly news-driven, such kind of anticipation also ends up implying quite a high risk of the outcome of such events failing to keep up with such expectations, thereby actually triggering a sell-the-news break to the downside, subsequently making this latest rebound into yet another bearish fakeout for #BTC as well as for #ETH and altcoins

It is precisely because of this that proper risk management becomes so highly relevant when setting out stop orders in anticipation of such kind of events driving markets

#Write2Earn

$BTC $ETH

NON-FARM PAYROLLS #NFP INCOMING DATA THIS FRIDAY! WHAT IT MIGHT IMPLY FOR CRYPTO

Well this upcoming Friday March 7th there will be highly relevant incoming data regarding the US labor markets, namely the Non-Farm-Payrolls (NFP), expected to come in at 159K, that is to say slightly up from the previous 143K reading last month

Any reading above such level might imply even further downward pressure on #BTC as well as #ETH and altcoins, in particular within the context of this highly news-driven crypto cycle, whereas any reading below such level might conversely prompt $BTC to consolidate above 90k in search of higher targets, while also getting $ETH closer to reclaimig the 2.5k level and upwards, obviously also depending on the extent to which such an outcome may have been already priced in

#Write2Earn $BTC #MarketRebound