Description: If Ethereum manages to break the resistance, the market could witness a strong bullish wave.
Technical Analysis:
Support: $4,540
Resistance: $4,869
Target: Reach levels of $5,200.
Success Rate: 50%
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📉 Scenario Three: Correction towards support levels
Description: If a correction occurs, Ethereum may drop towards support levels.
Technical Analysis:
Support: $4,540
Resistance: $4,869
Target: Reach levels of $4,200.
Success Rate: 20%
Ethereum is currently at a significant resistance level, and the entire market is still volatile. Practically speaking, it is likely that it may make a quick visit to the support level at $4,540–$4,500 before continuing its ascent, especially if selling pressure is light. This 'small correction' usually brings balance to the market and provides a better entry opportunity before the real bullish wave.
If support holds well, it will then rise directly towards the higher resistance and then to $5,200
As night deepened, the price of the cryptocurrency Samer invested in began to oscillate violently. Suddenly, whales moved intensively, and the price started to drop at a frightening pace, as if it were on the brink of complete collapse.
Samer knew he had to make a quick decision, so instead of retreating or panicking, he decided to hold his position confidently, relying on his deep analysis of the market's psychological behavior and reading whale movements. He used a smart, flexible stop-loss that he had prepared in advance, allowing him to adjust the position whenever new signals appeared.
📊 3 Potential Scenarios for Bitcoin (Current Price ~119,518$)
1️⃣ Strong Rise (Bull Run) 🟢 If the price breaks the 120K level and stays above it, it could quickly continue its momentum towards 125K – 128K. 📈 Probability of success: 35٪
2️⃣ Sideways Movement (Sideways) 🟡 The market may remain oscillating between 118K and 120K for a short period, as a form of rest before making a decision to rise or fall. ⏳ Probability of success: 45٪
3️⃣ Downward Correction (Pullback) 🔴 In case of failing to maintain support at 118K, we might see a decline towards 115K – 113K. 📉 Probability of success: 20٪
💡 Quick Analysis in Z Style:
> "120K is the magic number: breaking it confidently means the wave is coming. Staying below it means temporary relief. Breaking the support below 118K could open the door for a corrective decline." ........................ Good luck .......................... #BTCReclaims120K #BTCOvertakesAmazon #BTCHashratePeak #BitcoinSPACDeal #CryptoIn401k $BTC