SikTrade

Phew guys. This is one hell of a short ride. Sol is trailing bearish however with a low volume and extremely choppy. Be careful guys. Overall sentiment is bearish however bull candles are very aggressive. Stop losses tight, leaving just enough room for price to action downwards till 174. I am taking profit at 174 mark. And will reverse my postion with a small capital liquidity at around 100 mark.

#solana #todaymarket

#copiedpost #ETHMarketTrends Probably from Chat gpt. The stats are for today. I hope this helps someone.

📉 **Price Action & Sentiment**
- **Current Price**: ~$4,289 (down **3.27%** in 24h), breaching key support at $4,300 amid broader crypto pullback .
- **Market Mood**: Short-term bearish due to spot selling pressure, though weekly gains (+4.5%) hint at underlying strength .

🐋 **Whale & Institutional Activity**
- **Aggressive Accumulation**: Major whales/institutions bought >130K ETH ($470M+) recently, signaling long-term bullish conviction .
- **ETF Inflows**: $2.85B weekly inflows into ETH spot ETFs, boosting institutional adoption .

📊 **Technical Outlook**
- **Critical Support**: $4,245 (bullish channel base). A break below $3,845 could trigger steeper drops .
- **Resistance**: $4,793–$4,900 (2021 ATH). Surpassing this is key for a $5,000+ rally .
- **RSI**: At 66.86 (near overbought), suggesting consolidation before potential upside .

⚖️ **Catalysts & Risks**
- **Bullish Drivers**:
- Layer 2 expansion (Arbitrum, Optimism) boosting ETH utility .
- Fed rate cut odds (84.6% in September) may revive risk assets .
- **Risks**: Regulatory uncertainty and spot trader profit-taking .

💎 **Short-Term Outlook**
> Expect volatility near ATH resistance ($4,900). Holding $4,245 support could fuel a rebound toward $5,500 later in August . Failure risks a dip to $3,355–$3,800 .

---
📌 Key Levels Summary
| **Level** | **Price ($)** | **Significance** |

| **Resistance** | 4,793–4,900 | All-time high zone; breakout target for bulls |
| **Support 1** | 4,245 | Bullish channel floor; rebound zone |
| **Support 2** | 3,845 | **Breakdown risk**; fall may accelerate decline |
| **Q4 Target** | 15,000 | Whale-driven institutional forecast |

Recently, the price havent even touched 114,051 for btc. When was this SS taken?

Slight correction it is. Do not be afraid. All prices are correcting themselves and RSI's recalibrating for the next bull run. Remember, bull runs are unreliable if they don't come with periodic corrections. You will notice bull gradient to be much higher than the bear correction. On top of this, RSI daily/weekly can be monitored, it will give a clear indication of where the market is headed next. Keep holding your Alts do not let go of BTCs at all.

P.s The long ratios are only going to increase now. People have started to Dollar cost average (DCA) their entries. The next bull run will be even higher in magnitude and break all records.

#Eth #bitcoin #MarketCorrection #AltSeasonComing

Which orders will the market fill first. Buys or sells? 216M at 4500 and 458M at 4300 followed by significant amount of buy order trailing down to 4000.

I reckon mildly bullish till perhaps 4500 then we can see a bear move to 4k and bounce back to the ATH. Thoughts?

#ETH #Ethereum #eth

Last two candles are the prime example of what crypto trading odds are. 50/50 precisely 😂

#Ethereum