Ethereum Running Out Of Time? Analyst Says New ATH May Not Come This Cycle

As Ethereum (ETH) continues to slowly turn crucial resistance levels into support, some analysts consider that the King of altcoins could be running out of time for a new all-time high (ATH) this cycle. Related Reading: Crypto Graveyard: 50% Of Tokens Have Failed In the Past 5 years Report Ethereum Closes April In Red Over the past week, Ethereum has attempted to reclaim the $1,800 mark, hovering between the $1,770-$1,820 price range. In the past 24 hours, the cryptocurrency has seen a 5.5% jump, breaking above the key resistance and last weeks high of $1,850. Amid this price action, ETH retested the $1,860-$1,870 range for the first time in one month, and closed April just 1.56% below in opening price. Nonetheless, Ethereums negative monthly close marked the fifth consecutive month in the red for the cryptocurrency. The king of Altcoins has been recording monthly negative returns since December, its worst-performing streak since 2018, and closed the first quarter of 2025 with a 45.4% retracement. Analyst Carl Runefelt noted this performance, noting that the good news is that historically, May is the most positive month of the year for ETH. In general, it has been one of the best-performing months for Ethereum, registering an average 27.31% increase in May. Additionally, the second quarter has been a positive period for cryptocurrency, closing Q2 in the green seven out of nine times. Despite its negative April close, Ethereum registers a mild 2.15% positive return this quarter so far, which could suggest that the cryptocurrency could continue its current performance if history repeats. Another market watcher considers that ETHs price is displaying a similar performance to Bitcoins (BTC) 2020 rally. At the time, Bitcoin consolidated at $8K Most ignored it. Then it hit $64K. According to Merlijn The Trader, Ethereum is showing the exact same structure. Accumulation. Compression. Explosion loading. However, this would suggest another pullback could come before a new ATH. ETH To Skip ATH Rally This Cycle? Meanwhile, analyst Crypto Bullet offered a not-so-bullish macro perspective. According to his post, the Ethereum mid-term correction is over after taking out the August-October 2023 lows, printing a giant reversal candle, and holding the mid-line of the multi-year descending Channel. Based on this, he argues that ETHs bottom is in, and a significant mid-term bounce will likely occur in the next few months, with a first target of $2,500. Crypto Bullet noted that the surge could be either a Dead Cat bounce or the start of a new ATH rally, adding that it could be the former due to the cryptocurrencys weak performance and how advanced the cycle is. In that case, Ethereum could face a potential rejection at the $2,700-$3,000 range, but a bullish rally could start if it breaks through the $3,000 resistance and breaks out of the multi-year channel. Related Reading: Solana: Analysts Forecast Q3 ATH Rally As SOL Retests Make Or Break Level However, he also suggested that Ethereum could be in a bigger cycle than we all think, resembling cryptocurrencies in a one cycle behind performance. In a previous analysis, Crypto Bullet discussed the potential of ETH not hitting an ATH this cycle, noting XRPs performance in 2021. So what if ETH cycle top is in and it’s gonna print a giant Accumulation Structure (a Triangle or a Zigzag) and break out of it, say, in 2028? he questioned, concluding that investors would accumulate more energy for a breakout, and the targets would be significantly higher. Featured Image from Unsplash.com, Chart from TradingView.com

View Details

Stellar (XLM) Breakout Eyes 30% Rally Will It Repeat Last Cycles Playbook?

After breaking out of its five-month downtrend, an analyst suggests a repeat of Stellar (XLM)s last cycle playbook could be on the horizon. The cryptocurrency has confirmed its breakdown from a bullish reversal pattern and eyes a surge toward new targets Related Reading: Ethereum Jumps To $2,000 Amid Market Surge Analyst Says This Resistance Is Next Stellar Breakout Targets $0.39 Amid the market pump, Stellar has broken out of a key demand zone and retested the $0.30 mark for the first time since March. The cryptocurrency has been in a downtrend since its November 2024 breakout, when it reached a three-year high of $0.63. During this years retraces, XLM dropped 68% from the highs to a five-month low of $0.20. However, the late-April market recovery saw the cryptocurrency surge above the downtrend and attempt to confirm the breakout after recording a weekly close above the $0.28 mark. On Friday, Stellar has reclaimed the $0.29 resistance and retested the $0.30 mark for the first time in nearly two months. Following todays performance, Ali Martinez pointed out that Stellar is breaking out of a two-month inverse head and Shoulder pattern. This pattern is a bullish reversal setup that suggests a potential shift from a downtrend to an uptrend. Earlier this week, the analyst pointed out that the patterns right shoulder was forming and the neckline sat around the $0.29 mark. According to his post, a breakout from this formation potentially eyed a 30% rally toward the $0.39 resistance, lost during the February retraces. XLM To Repeat Historical Tendencies? Analyst Rekt Capital highlighted that the cryptocurrency confirmed the end of its multi-month downtrend and a breakout from its Downtrending Channel. Per the post, if XLM weekly closes above its key area, between $0.27-$0.29, any dips into this zone would figure as a successful reclaim of the area as support to support a move to higher regions. The analyst explained that reclaiming the $0.27-$0.29 area is crucial because it is a historical demand region on the monthly timeframe. In the past, turning this zone into support during bull markets has enabled Stellar to rally toward the $0.37-$0.40 mark. In 2021, the cryptocurrency rallied toward its cycle high of $0.80 after retesting the key demand zone and breaking out of the $0.37 barrier. Similarly, it hit its all-time high (ATH) of $0.87 after a breakout from this area. Related Reading: Crypto Analyst Says XRP Price Must Clear This Level Or Risk Crash To $1.9 If XLM repeats history and rallies to the next resistance, it must reclaim and confirm that level to continue with its historical tendencies. As such, a reclaim could see XLM challenge the $0.52 blue highs over time, Rekt Capital concluded. Meanwhile, analyst CW has noted that after breaking the upper line of the downtrend channel, Stellar would encounter resistance in two selling walls, one between the $0.34-$0.38 levels, and a big one around the $0.47-$0.70 zone. As of this writing, Stellar trades at $0.296, a 2% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

View Details

Solana: Analysts Forecast Q3 ATH Rally As SOL Retests Make Or Break Level

After reclaiming crucial levels, Solana (SOL) has been moving sideways within a key price range, with its next direction yet to be determined. However, some analysts suggest a breakout could kick-start a new bullish rally in the coming months. Related Reading: Monero (XMR) Price Jumps 50% Amid Suspicious $330 Million BTC Transfer Details Solana Moves Within Key Range Amid its 15% biweekly recovery, Solana, one of the leading altcoins of this cycle, has attempted to reclaim a crucial resistance after recovering the $140 support for the first time since late February. Earlier this month, the cryptocurrency fell to a 14-month low of $95 amid the market retraces, which saw Bitcoin (BTC) and Ethereum (ETH) retest key horizontal levels. Since hitting its $293 all-time high (ATH), SOL has retraced up to 63%, trading 50% below its January high at the time of writing. However, Solana climbed above some crucial ranges during the recent crypto market recovery. Over the past few weeks, the altcoin has successfully recovered the $120 and $130 support zones, breaking above the $140 resistance seven days ago, where the SOL price has been rejected since losing the level nearly two months ago. As a market watcher pointed out, Solana has been moving sideways, consolidating within the $145-$157 range for the past week. The trader noted that this range could decide SOLs next direction, with a breakout above the upper boundary positioning the altcoin to retest higher levels. On the contrary ,if it breaks down this price range, the next support level below at around $136, which could also risk a drop to the $100-$120 support zones. However, Ali Martinez recently stated that Solana is forming a textbook-perfect cup and handle pattern, which could mark the start of a major rally for SOL. SOL Price Preparing For A Breakout? Analyst Alex from AMCrypto noted that Solanas short-term downtrend is over after a recent breakout. He identified that SOL broke out of a seven-day falling wedge that formed within its current range, surging above the upper trendline on Monday. According to the analyst, SOL could hit $170-$180 in the short term and most likely a new ATH by Q3/Q4, based on its utility and demand. It recently surpassed all other L1s and L2s combined in DEX volume, which shows its immense utility. Along with that, multiple companies are also raising funds to buy SOL, which will further add demand, he explained. With the price attempting to hold the $150 mark, trader Lluciano_BTC considers the current level a strong hold. He highlighted that Solanas uptrend is only getting started after breaking out of a multi-month falling wedge formation at the start of the month. Related Reading: Bitcoin To Explode To $210,000 This Year, Says Quant Powerhouse Presto According to the chart, SOL broke out of the pattern ahead of the sub-$100 correction, testing a key demand zone during the following pullback. After recovering the $120 mark, the altcoin has been in an uptrend, which eyes the $170 resistance as the next target. As of this writing, Solana trades at $149, a 1.1% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

View Details

Ethereum (ETH) Near A Breakout? Analyst Says It Could Soar Another 28% By May

Ethereum (ETH) experienced a significant recovery over the past week after jumping over 10% to the $1,800 resistance. The cryptocurrencys momentum has seen it reclaim key levels, which could ignite a 28% rally continuation in the following weeks. Related Reading: SUI Eyes $4 Amid 56% Weekly Surge Here Are The Levels To Watch Ethereum Reclaims First Horizontal Level In Months Over the past week, Ethereums price has jumped around 14% to retest crucial support levels. Amid the market recovery, the cryptocurrency reclaimed the $1,600-$1,650 zone at the start of the week, holding a historical demand area as support. According to analyst Rekt Capital, ETH is holding the bottom of its historical demand zone, between $1,650 and $1,950, after its recent performance, repeating history also by wicking briefly below it. Since losing its $2,196-$39,00 Macro Range, the cryptocurrency has traded within this range, upside wicking to the regions top and turning it into resistance, and downside wicking below the bottom to turn it into support, like in 2023. According to the analyst, Ethereum needs to keep holding here. If this price stability here can be sustained… There is a chance to repeat its mid-2023 performance, where the token bounced from this region and hit its early 2024 high of $4,093. Meanwhile, Daan Crypto Trades noted that ETH has flipped a horizontal level back into support. The analyst pointed out that since closing above the $1,750 mark for the past three days, the King of Altcoins has shown a change in market dynamics. Notably, Ethereum has not been able to reclaim previous horizontal levels for months, getting rejected and making new lows instead. Daan asserted that the $1,750-$2,100 price range is crucial to continue ETHs bullish momentum. ETH On The Verge Of Breaking Out Amid this performance, ETH is nearing a breakout from its multi-month downtrend. The cryptocurrency has been in a downtrend since hitting its cycle high of $4,107 in early December, retracing over 56% since then. However, Ethereum is attempting to break from the descending resistance again amid its retest of the $1,800 barrier. Analyst Crypto Caesar affirmed that ETH is on the verge of breaking out. We really just need that higher high Analyst Ted Pillows considers that a 28% jump by next month could be possible if the cryptocurrency reclaims this crucial short-term resistance. He pointed out that the $1,800-$1,850 zone is the next level to break before the $2,000 barrier, noting an inverse head and shoulders pattern on ETHs chart. Related Reading: All Bets Off If Bitcoin Reclaims This Level, But Analysts Warn Of Potential Rejection If ETH manages to break above it, it could rally towards $2.2K-$2.3K in May, he concluded. Another analyst previously suggested that Ethereum wont start a new rally until it reclaims the $2,330 barrier, where over 60 million addresses have purchased the cryptocurrency. As of this writing, Ethereum trades at $1,795, a 2.1% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

View Details

Chainlink (LINK) Among Top Gainers With 11% Daily Surge, Is A Rebound To $24 Coming?

After losing a key support level earlier this week, Chainlink (LINK) has surged 24% from the recent lows to lead Fridays crypto market. Some analysts suggested that a rebound could be around the corner as whales continue to bet on the cryptocurrency. Related Reading: Bitcoin Faces Rejection At $84,000, But Analysts Show 2020 Similarities Recovery Ahead? Chainlink Recovers Critical Support On Friday, Chainlink surged over 10% to turn the $14 resistance into support again. The cryptocurrency lost this crucial level on Monday following the recent crypto market crash, which saw Bitcoin (BTC) fall to its lowest price in months. During the correction, LINK dropped to a four-month low at $11.71, retesting its post-election breakout levels for the first time since late November. Over the past three days, the token hovered between the $12.5-$13.5 price zone, failing to break above the ranges upper boundary and retest the $14 mark until today. Its worth noting that this level has been a critical support during LINKs past rallies, serving as a key breakout and bounce point in the previous cycle, Q1 2024s high, and the post-US election pump. Moreover, whenever this level has been lost, it has led to long accumulation periods for the cryptocurrency. After todays surge, LINK has reached a high of $14.71 before retracing to the $14.4-$14.5 price range over the past few hours. Crypto analyst Ali Martinez noted that holding its current level could set the stage for a rebound to $24. As Martinez has pointed out, Chainlink has been in an ascending parallel channel since July 2023, moving between the patterns upper and lower boundary over the last year and a half.  LINK surged to the channels upper trendline every time it retested the lower zone before dropping back, repeating the cycle. Based on this, the recent recovery of the parallel channels lower range could send the cryptocurrency to the mid-zone of the pattern before a climb to the upper boundary.  A Spike in buying pressure at the current levels can help Chainlink rebound to the upper boundary at $45, the analyst explained. Is LINK Poised For A Reversal? Notably, whales had bought over 3 million LINK in five days, Martinez pointed out on Tuesday, and online reports revealed that an address has continued to purchase Chainlink during the rest of the week. Lookonchain recently reported that a large-scale address has spent 12.1 million USDC to buy 863,174 LINK at $14, holding a total of 1.07 million tokens, valued at $15.53 million. Additionally, the address has a long position on LINK, worth $31 million. Analyst AMCrypto Alex pointed out that LINK remained in its long-term uptrend channel despite Tuesdays low. However, he considers there is a high chance that the token will retest the $10 mark before the bottom formation. Related Reading: Solana (SOL) Retests Crucial Support Level Is A 50% Price Drop On The Horizon? Meanwhile, trader Crypto Rand suggested that Chainlink is ready to bounce as LINK marines are getting ready for the bull reversal. The market watcher pointed out the cryptocurrency has been forming a falling wedge pattern since the start of 2025, and the $14 support recovery is pushing for the breakout. A breakout from the patterns upper trendline, which is around the $14.5 mark, could propel the tokens price to a 30% surge near the $20 barrier. As of this writing, LINK is trading at $14.51, an 11.6% surge in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

View Details

Bitcoin Faces Rejection At $84,000, But Analysts Show 2020 Similarities Recovery Ahead?

Bitcoin (BTC) has failed to reclaim $84,000 resistance again and has fallen 4% to retest another crucial support zone. Some analysts suggested that the cryptocurrencys rally will be determined by its weekly close, which could see BTC crash or climb to new levels. Related Reading: Solana (SOL) Retests Crucial Support Level Is A 50% Price Drop On The Horizon? Bitcoin Hits $84,000 Wall Again After losing the $84,000-$86,000 support zone on Sunday, Bitcoin has failed to reclaim this level. The flagship crypto has retraced over 11% in the past week, briefly falling to a 4-month low of $76,600 on Monday. Since then, BTCs price has hovered between the $80,000-$84,000 range, failing to break above the ranges upper zone for the past four days. Crypto analyst Jelle noted that this resistance level has been a key level throughout the first half of March. Notably, the $84,000 mark served as an important bounce level during the start-of-month price pump and correction, and reclaiming it will make all the difference for how the rest of the month goes. Bitcoin has attempted to regain this level in the past 24 hours, climbing to $83,900 on Thursday morning. To the analyst, a reclaim of $84,000 could propel the price back to the post-election breakout range, and things would get real interesting. Ali Martinez pointed out that the biggest supply barrier for Bitcoin sits at the $95,000 range, where 1.2 million investors purchased 726,000 BTC. He also noted that the largest cryptocurrency by market capitalization is consolidating within an ascending triangle, which could lead to a 9% surge to the $90,000 mark if it breaks out above $84,000. Nonetheless, BTC failed to reclaim this key resistance and retraced to the $80,000 support zone. Jelle warned that bulls need to defend the current area, or this could cascade towards the high seventies once more. Is BTCs Cycle Top Or Bottom In? Ted Pillows suggested that BTC is poised for another leg up as its price action resembles previous performances. He highlighted that Bitcoin has held its ascending support trendline like in 2017 and 2020, which shows that the cycle isnt over yet. Based on this historical price performance, the analyst considers that the cryptocurrency could retest the $72,000-$74,000 support before a local bottom is in. After that, there’ll be some consolidation followed by the next leg up, he explained. Trader Titan of Crypto pointed at a potential reversal as BTC is showing signs of bottoming on the weekly chart with the Relative Strength Index (RSI) as support, an Oversold Stochastic RSI bullish crossover, and price at the lower Bollinger Band. He also noted that BTCs price action resembles 2020s market structure before a major breakout. Related Reading: Ethereum Risks Another 15% Correction After Fall Below $2,000 Whats Next For ETH? Meanwhile, analyst Nebraskangooner affirmed that Bitcoin has been historically predictable, which suggests that its weekly close range will be key for the next move. According to the post, if BTC closes the week below $67,250, it would potentially indicate the market has already hit the top, as it would become a distribution range. The analyst explained that the cryptocurrency has respected the distribution, accumulation, and instant reversal levels in every BTC bear market. If Bitcoin remains historically predictable, the cryptocurrency could fall to levels not seen since late 2023 and early 2024. As of this writing, BTC trades at $80,810, a 3.4% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

View Details

Solana (SOL) Retests Crucial Support Level Is A 50% Price Drop On The Horizon?

Solana (SOL) has seen a nearly 40% retrace over the past month, losing key support levels since February. As its price retests a key horizontal level, some analysts warn of a potential 50% correction to a yearly low. Related Reading: Solana Falls Under Realized Price: Heres What Happened Last Time Solana Loses Key Support Level Solana has been one of the leading cryptocurrencies of the cycle, fueled by the markets memecoin frenzy. The altcoin climbed over 270% in a year to its latest all-time high (ATH) of $270, registered nearly two months ago. Nonetheless, SOLs bullish sentiment has significantly decreased since January, recently plummeting to its lowest point in over a year. As a result, the cryptocurrency has dropped over 50% from its January 19 ATH. Solana lost the key $200-$220 support zone at the start of last month, with the February market crashes sending SOL to retest its next crucial levels. After losing the $180 mark two weeks ago, its price hovered between the $130-$150 range, surging to the $179 mark at the start of March. This weeks market correction, which saw Bitcoin (BTC) drop to $76,000 for the first time in four months, has sent Solana to new monthly lows. On Tuesday, SOLs price briefly dropped to $111, a level not seen since the August 2024 market crash, before bouncing back to $125. Amid the ongoing retest, pseudonym trader Crypto Busy warned that SOL must hold this crucial support to maintain a bullish sentiment above $100. Crypto analyst Ali Martinez previously noted that the most crucial zone for Solana appears to be between $110 and $125, as this horizontal level served as a key support during its 2021 and 2024 rallies. The analyst suggested that holding above this range could be key for the next move. SOL Price Risks Move To $60 Martinez also pointed out that Solana could be on the verge of a breakdown, as it has broken below its key level. According to the post, SOL risks a 50% crash to the $60 mark if it fails to hold the $125 support zone. The analyst highlighted that the cryptocurrency has been forming a right angle ascending broadening pattern since March 2024, when it first reclaimed the level during this cycle. During this period, every higher high on Solanas chart has created a rising trendline at the top of the pattern, while the $125 support has held as a strong horizontal support trendline. Related Reading: Ethereum Risks Another 15% Correction After Fall Below $2,000 Whats Next For ETH? However, SOLs break below this horizontal zone has increased the odds of a 50% price correction to the Q4 2023 levels. Additionally, Martinez recently warned of a potential correction based on Solanas trading pair against Bitcoin, which started to resemble ETH/BTCs chart. The analyst suggested that the SOL/BTC chart was looking like Ethereums trading pair against BTCs past price action, adding that if it continued to follow this pattern, the SOL/BTC chart could see a drop to the 0.0008 region. After the recent price action, the trading pair hit a 15-month low of 0.0014624 on Tuesday. As of this writing, Solana trades at $124, a 14% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

View Details

Bitcoin Finds Price Stability: Reclaiming $101,000 Depends On This Level

Bitcoin (BTC) continues to move within its one-week range after recovering from its recent drop to $91,000 but has failed to reclaim support above the $98,000 mark. Some analysts consider that BTCs sentiment will remain neutral while it regains this support zone and builds up momentum toward a new high. Related Reading: Ethereum Holds Bounce Or Die Level: Rebound To $4,000 Could Be Near Bitcoin Price Stability Could Lead To $101K Reclaim Following the start-of-February market correction, Bitcoin has been moving within the $96,000-$99,000 price range. The flagship cryptocurrency has recovered from its momentary fall to $91,000 and found support within its one-week range, only dropping 2% during this Sundays market retrace. The largest cryptocurrency has been hovering between $90,000 and $108,000 since the US Elections pump, moving in the mid-zone of its four-month price range for most of this period. Crypto analyst Rekt Capital pointed out Bitcoins positive performance, as it continues to enjoy price stability above a diagonal trendline support, a previous one-month downtrend line, broken during the latest all-time high (ATH) breakout. Since the DeepSeek-triggered correction, Bitcoin recorded price advances that have been quickly getting canceled out, as evidenced by the recent upside wicks. However, BTCs price continued to hold the diagonal trendline as support over the week, which is necessary to build further momentum. According to the analyst, As long as it continues to hold, the price will be positioned for a revisit of $101k over time. After its most recent price action, BTC needs to reclaim the $97,700 mark to build on this reversal with additional follow-through. To achieve this, the flagship cryptocurrency must print a daily close above this level and reclaim it as support to build on its momentum toward the $101,000 resistance. BTC Remain Bullish in Higher Timeframes Daan Crypto Trades highlighted BTCs range hasnt changed, as it continues to move sideways while many altcoins have been losing ground. According to the X post, Bitcoin is consolidating while attempting a breakout on the lower timeframes. If the flagship crypto reclaims the highs from last weeks initial bounce, above the $100,000 barrier, BTCs market structure will flip around. Daan stated BTCs momentum is pretty neutral in the short term while bullish in the higher timeframes. Additionally, he pointed out that risk on sentiment will return once Bitcoin goes back into price discovery. According to Rekt Capital, BTCs Second Price Discovery Uptrend should come in the next few weeks, as the cryptocurrency is trying to trend reverse out of its 1st Price Discovery Correction, which started in December. Related Reading: Can Bitcoin Hold $97K? 1-3 Month Holders Data Reveals Crucial BTC Demand Bitcoin has historically begun its second leg up around the 16th week of its Post-Halving Parabolic Phase, suggesting Bitcoin could start its next run to new highs soon. Moreover, February has also been a historically positive month for the flagship crypto. Several analysts have pointed out that BTCs post-halving year performance has generally been favorable during Q1, generally struggling throughout the first few weeks of the year but gaining momentum throughout February and March. As of this writing, Bitcoin trades at $96,091, a 1.2% decrease in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

View Details

Is Bitcoin Ending 2024 On A High Note? Analysts Say This Level Is Key

As Bitcoin (BTC) continues to move sideways, investors wonder whether the flagship crypto will end the year positively or on a sour note. Some analysts suggest a close above recently lost levels could propel BTCs price to new highs. Related Reading: Analyst Forecast Highly Bullish 2025 For Ethereum: Is The Bleeding Over? Bitcoin’s Red Week, Green Year Since breaking past the long-awaited $100,000 barrier in early December, Bitcoin has seen two significant corrections to the lower zone of its one-month range. Throughout the month, the flagship cryptos price has traded between $90,000 and $108,000, hovering between $96,000 and $102,000 for most of December. However, since reaching its latest all-time high (ATH) of $108,353 ten days ago, Bitcoin has lost the $100,000 support zone, falling to its lowest price in weeks. Over the past week, BTC has struggled to reclaim the $98,000 support zone, losing its Christmas retest above this level on Thursday. Now, the largest crypto by market capitalization moves within the mid-zone of its monthly range, displaying a candle that doesn’t look great but also not the worst. Neutral, and still a few more days to go, as Altcoin Sherpa stated. The analyst suggested that Bitcoin could see some weird price action over the next few weeks with despair followed by an absolute moon mission and killer alt season. Meanwhile, Daan Crypto Trades called BTCs current price action the end of the year chop. He noted that as Bitcoin moves sideways, liquidity is building on both sides, with an area of interest below $94,000 and a key level above the $100,000 mark. Some investors asked the community to zoom out on BTCs chart, highlighting that the cryptocurrency remains within a historical range despite the horizontal trajectory. If Bitcoin were to end the year at its current price, it would still record a 48.15% return in Q4 and a 122% increase in the yearly timeframe. Bitcoin Risks Fall To One-Month Lows Analyst Carl Runefelt considers that investors should watch the $92,500 support zone, as breaking below that horizontal level could send BTCs price to $86,000. Similarly, Ali Martinez warned investors about a key level for BTC. Martinez asserted that investors dont want Bitcoin to dip below $92,730, explaining that it is essentially free fall territory if the flagship crypto loses that level. According to the analyst, the flagship crypto could fall as low as $70,000 if it loses the key support zone based on the UTXO Realized Price Distribution (URPD) chart. In a previous post, he explored a bearish outlook where BTC could fall as low as $60,000, noting that several experts forecasted a correction anywhere from 23% to 36% for BTC. Martinez considers a 25% crash to the $70,000 mark possible, as the URPD chart shows minimal support below the $93,806 and $92,730 zones. If this critical demand area doesn’t hold, we could see a sharp drop to $70,085, he warned. Related Reading: New Solana Memecoin Leader? PENGU Flips BONK Amid Whale Accumulation He also pointed out that Bitcoin broke below one of its most significant support zones at $97,300, which suggests a bearish outlook while it isnt reclaimed. However, the analyst asserted that this outlook would be invalidated if BTC has a sustained close above $97,300 and, more critically, a daily close above $100,000. Martinez added that reclaiming these levels could start the next leg toward the $168,000 target. As of this writing, Bitcoin is trading at $94,587, a 1.24% decrease in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

View Details

Analyst Forecast Highly Bullish 2025 For Ethereum: Is The Bleeding Over?

Ethereum (ETH) has started to climb some levels after it fell to the $3,100 support zone last week. The second-largest cryptocurrency is attempting to break from its downtrend, with some market watchers suggesting it is poised for a massive run in 2025. Ethereum Key Levels To Reclaim With only a week left in 2024, several [...]

The post Analyst Forecast Highly Bullish 2025 For Ethereum: Is The Bleeding Over? appeared first on Crypto Breaking News.

View Details

Crypto Expert Unveils 15 Surprising Truths About This Bull Run You Need To Know

In a thread on X, crypto researcher Alex Wacy (@wacy_time1) shared 15 eye-opening insights about the current bull cycle with his 183,000 followers. Wacy’s analysis covers a range of topics from Bitcoin dynamics to emerging technologies like AI and DePIN (Decentralized Physical Infrastructure Networks). Heres a detailed look at his revelations. #1 Bitcoin Season Is Memecoin Season “When Bitcoin rises, people often buy memecoins en masse, which positively affects their prices,” Wacy observed. In contrast to the previous bull run, capital flows directly in the most high-risk sector of crypto. The surge in Bitcoin’s price tends to trigger a ripple effect in the memecoin market, leading to significant price appreciations for these tokens, leaving out more fundamentally strong altcoins. #2 Long-Term Bitcoin Holders Are Selling Aggressively Wacy highlighted a notable sell-off among long-term Bitcoin holders. “They have already sold nearly 730,000 BTC over the month,” he noted. Interestingly, US spot ETFs are absorbing about 90% of this selling pressure, playing a crucial role in stabilizing the market. #3 Solana Above $500 May Be A Reality “Even when the memecoin era comes to an end, AI and DePIN projects’ developers continue to opt for Solana,” Wacy pointed out. With the massive attention on memecoins, AI, and DePIN narratives, Solana is still the leading ecosystem which will eventually push SOL’s price above $500. Related Reading: 9 Crypto Predictions For 2025: Nansen CEO Forecasts Biggest Bull Run Ever #4 Blockchain-Based AI Agents Are Still Undervalued “AI agents are already making their mark in the real world. However, AI built on blockchain offers greater decentralization and privacy,” Wacy stated. He suggests that blockchain-based AI projects have untapped potential and are currently undervalued in the market. #5 Ethereum Is Set to Rise Ethereum’s open interest has surpassed its previous all-time high, exceeding $13 billiona growth of over 40% in the last four months. This surge indicates increased investor interest and could signal a significant upward movement in Ethereum’s price. Ethereum is set to rise, Wacy predicts. #6 Most Ethereum Layer 2s Will Fail Wacy expresses skepticism about the proliferation of Ethereum Layer 2 solutions. “The most promising L2s at the moment are Base and Mantle,” he commented. He warned that unless the Ethereum Foundation develops “a concept of L2 hubs,” 90% of L2 chains might not survive the next bear cycle. #7 Trendy Technologies Will Succeed “AI, DePIN, and RWA are the future. At least that’s how retail sees it, so keep an eye on these trends,” Wacy advised. According to him, investors core capital should only be invested in these three most powerful narratives in the ongoing bull run. Related Reading: From Bitcoin to Altcoins: Crypto Inflows Hit Record $3.1 Billion, Led by Spot ETFs #8 Non-Key Narratives Are Great For Speculation Wacy highlights the speculative potential in less mainstream sectors like Decentralized Science (DeSci). “While it may be less popular, it has been and will continue to be well-pumped,” he remarked, indicating opportunities for more high-risk averse investors. #9 Quantum Crypto Is Gaining Attention “Quantum stocks have surged over 1000% in just one month,” Wacy noted. He suggests that investors should monitor quantum-related crypto projects, as this sector may experience significant growth in the upcoming months. #10 Exercise Caution With Market Sentiment “Take what people say here with a grain of salt. They’re often too bearish during dumps and too bullish during pumps,” Wacy warned. He recommends critical analysis of market sentiment indicators, which can be misleading during extreme market conditions. #11 Timing Is Crucial For Offloading Altcoins “When you consider offloading your altcoins and everyone labels you an absolute idiot, that’s your cue for the best moment to cash out,” Wacy suggested. Contrarian strategies might offer optimal exit points for altcoin investors. #12 Valuing Insights From Crypto Analyst Cobie “I think Cobie knows something a little more about this market than we do,” Wacy said, referring to well-known crypto analyst Cobie (@cobie). He advises listening to Cobie’s who famously stated earlier in this crypto bull run that investors should focus 70% of their capital in cat themed memecoins, 20% in other animal memecoins and only 10% in all other coins for maximum profit. #13 Traditional Market Rules Still Apply “Even though this cycle differs greatly from previous ones, altcoin growth remains heavily reliant on Bitcoin dominance,” Wacy observed. Despite new market dynamics, Bitcoin continues to be the most important influence over the broader crypto market. #14 Market Cycles Remain Unchanged “The market is a cycle. Today it’s memes, tomorrow it’s technology, and the day after, regulations. Cycles have never been canceled. Remember that,” Wacy emphasized. Understanding the cyclical nature of markets can help investors navigate volatility. #15 Strategic Investment Considerations “Some people might benefit more from seeking dips in alpha plays, rather than attempting to catch another risky beta play. Reflect on it,” Wacy concluded. He encourages investors to focus on high-quality investments with strong fundamentals instead of chasing high-risk opportunities. At press time, Bitcoin traded at $94,875. Featured image created with DALL.E, chart from TradingView.com

View Details

Top Crypto Analyst Unveils Best Altcoins For The 2025 Bull Run

Miles Deutscher, a prominent analyst with 551,000 followers on X, disclosed his portfolio of best altcoins for the anticipated 2025 crypto bull run. In his latest video, My NEW Ultimate Crypto Portfolio For The 2025 Bull Run! [MUST-HOLD Altcoins], Deutscher provided an in-depth analysis of his selections, emphasizing a strategic concentration on high-conviction investments across diverse sectors. Deutscher began by outlining his approach to portfolio construction, highlighting the importance of limiting core holdings to fifteen altcoins spread across six key sectors: meme coins, artificial intelligence (AI) tokens, infrastructure projects, gaming, real-world assets (RWA), and decentralized finance (DeFi). This structure is designed to enhance focus and manageability, particularly for investors who may not have the time to actively manage a larger number of positions. Based on the feedback from my community, I believe it’s better in this market to concentrate into high conviction bets, Deutscher stated. Best Altcoins For The 2025 Crypto Bull Run In the meme coin sector, which Deutscher allocates a substantial 25% of his portfolio to, he identified three primary candidates: WIF, PEPE, and SPX. WIF, described as the leading meme coin on the Solana blockchain by Deutscher: It’s pretty much the number one Solana kind of beta meme coin. Anons talk about it a lot. It’s got major exchanges. Coinbase listings being teased coincidentally. It’s actually at a very nice DCA Zone at the time of recording this video. Pepe, an Ethereum-based meme coin, benefits from widespread recognition and strong community distribution. I do like Pepe because it’s the leading kind of ETH beta meme coin. It’s one of the most famous memes in the history of the internet and for that reason I think it commands a lot of mind share, Deutscher remarked. Related Reading: Crypto Analyst Unveils The True Time To Sell It All: Heres When SPX6900, endorsed by Murad Mahmudov, a leading figure in the meme coin space, is anticipated to attract substantial retail capital during market upswings. Number three is SPX because […] Murad is the leader of memes. His number one shill and his number one meme holding is SPX, so this is one that I think is going to have momentum as retail comes in, Deutscher remarked. Turning to the AI sector, Deutscher also allocates 25% of his portfolio to AI-focused projects, recognizing the burgeoning interest and potential in this field. His top picks include TAO, NEAR, and Spectral. TAO is positioned as the leader in decentralized AI, focused on the enterprise side, according to the analyst. NEAR, a top AI layer-one protocol, is selected for its potential to rebound during market dips and its foundational role in AI-driven applications, despite recent underperformance. Spectral (SPEC) is the top AI agent play in crypto for Deutscher. They’ve got big backers. There’s no [token] unlock for another six months. You can basically automate your trading on-chain via AI agents, he added. In the infrastructure sector, Deutscher maintains an equal 25% allocation, focusing on foundational projects that underpin the crypto ecosystem. Solana (SOL) remains his primary choice, recognized for its role as the launchpad for new meme and AI trends, and projected to deliver consistent returns without the explosive growth potential of smaller altcoins. Related Reading: Crypto Craze: Investor Nets A 3,360% Gain, Turning $86,000 Into $3.75 Million Fantom (FTM) is favored by Deutscher for its strong narrative. I just think it’s got a great narrative with Sonic [upgrade]. Andre [Cronje] is a big figure in the space. You’ve had that cool down in terms of price and I think it’ll be one of the prevalent and l1’s this cycle, the analyst claims. Third, Deutscher picks Aptos (APT) over Sui (SUI) because of its higher potential: I picked Aptos […] because I just think in terms of a pair trade Aptos is probably the next to run after SUI already went on a massive run. That’s the only reason and the other thing is the price is looking good from a TA point of view. It’s still down significantly from all-time high so it has room from for for major upside. Real-world assets (RWA) constitute 10% of Deutscher’s portfolio, a sector he believes is poised for significant adoption. His selections, CPOOL and CHEX, are chosen for their solid protocol development, strategic partnerships, and upcoming exchange listings, which are expected to enhance their market legitimacy and growth potential. Additionally, Pendle is mentioned as an honorable mention, recognized for its strong narrative, partnerships, and organic token distribution, making it a standout performer in the RWA space. The gaming sector, though traditionally undervalued, receives a 10% allocation in Deutscher’s portfolio. He highlighted Beam and Super as his top picks, with Beam serving as an infrastructure play backed by substantial treasury reserves and strategic partnerships, and Super functioning as a community-driven gaming meme coin with strong utility and a cult-like following. In the DeFi sector, Deutscher allocates 5% of his portfolio to two primary assets: AAVE and Rune. AAVE is identified as the strongest DeFi blue-chip, benefiting from robust revenue streams and increasing on-chain yields, making it a reliable cornerstone for the portfolio. Rune is viewed by Deutscher as a leveraged bet on the market’s bullish trajectory, expected to perform exceptionally well during market upswings due to its reflexive nature and the functionality of its Omnipool. At press time, WIF traded at $2.43. Featured image created with DALL.E, chart from TradingView.com

View Details

Bitcoin Eyes Potential Rebound To $98,600, But Analyst Suggests Caution

The markets New Year rebound turned into a start-of-year retrace after Bitcoin (BTC) dropped from the recently reclaimed $100,000 support into the $94,000 territory. Amid the drop, an analyst shared his cautiously bullish outlook for BTCs price. Related Reading: ADA Wave Is Coming: Cardano Whales Go On Buying Spree As Price Attempts Breakout Bitcoin Risks Crash To $74,000 On Tuesday, Bitcoin dropped below $97,000, dragging the market into the first pullback of the year. BTC began 2025 trading around the $92,000 level but climbed around 6.5% in the following days. After turning the $98,000 resistance into support over the weekend, Bitcoin jumped back above $100,000, reaching its highest price in weeks. However, BTC struggled to maintain this key support zone, dipping 3% in an hour yesterday. The cryptocurrency has dropped another 2.5% in the past day, falling as low as $94,500 on Wednesday morning. Since then, BTC has hovered between $94,800 and $95,600, briefly testing the $96,000 resistance. Crypto analyst Ali Martinez examined BTCs recent performance. In an X threat, the analyst noted that Bitcoin had breached the right shoulder of a head-and-shoulders pattern on Monday, invalidating the bearish setup pattern. However, the reversal erased those gains, dragging BTC back below the right shoulder and reigniting bearish concerns, as this pattern could trigger a correction to at least $78,000. Martinez also pointed out that Bitcoin has fallen below a key demand zone, between $95,400 and $98,400, where 1.77 million addresses acquired over 1.53 million BTC. The analyst suggested the price drop could force these holders to sell some BTC to cut potential losses. He also noted there isn’t significant resistance ahead for the flagship crypto, with only a minimal supply wall of 107,000 BTC between $104,700 and $105,770. Nonetheless, the analyst warned that a surge in selling pressure that pushes the cryptocurrency below the $92,000 mark could spell trouble, as it would open the door to a steep drop, with little support until $74,000. Therefore, the current market conditions, from a macro perspective, are reigniting fears of a potential Bitcoin crash, he added. BTC Price Set To Bounce Soon? The analyst also shared a cautiously bullish outlook for BTC from a technical perspective. Martinez pointed out that TD Sequential presented a buy signal on Bitcoins 4-hour chart, suggesting a potential price rebound if the price can hold the $93,500 support zone. Additionally, he highlighted that traders on Binance are leaning bullish on Bitcoin, as  61.28% of all traders on the crypto exchange with open positions are betting that the price will go up. Martinez also noted that $35 million would be liquidated if BTCs price rebounds to $98,600, suggesting that market makers may try to grab it. Similarly, theres another $66 million liquidation zone above $103,300. Related Reading: Crypto Trader Makes $21 Million From AI Agent Token As Sectors Faces Backlash However, the analyst emphasized that Bitcoin must reclaim the $100,000 support to invalidate the bearish outlook and set its sights on new all-time highs. Martinez concluded that BTC could rebound to $98,600 in the short term, but the macro suggests caution. As of this writing, Bitcoin is trading at $94,500, a 3.3% retrace in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

View Details

Number Of New Trump-Themed Malicious Tokens Spike 206% After Official Memecoin Launch

The ongoing TRUMP memecoin frenzy has sparked the creation of hundreds of tokens inspired by the US president and his family. A recent report revealed malicious tokens and dApps using Donald Trump references skyrocketed since Friday, targeting unsuspected investors and non-crypto people. Related Reading: Bitcoin Struggles For Direction Post-Trump Disappointment What Next? Trump-Themed Scams Skyrocket Over the weekend, US President Donald Trump surprised the crypto industry by launching his official memecoin, TRUMP. The token received heavy criticism, with several crypto investors calling the Presidents memecoin venture a big red flag. Many community members initially suspected the token was a hacking scam, while others expressed reservations about TRUMPs tokenomics. Regardless of the doubts, the memecoin eclipsed the market, skyrocketing to $30 in a few hours and hitting an all-time high (ATH) of $75 a day later. Web3 security platform Blockaid shared that TRUMPs successful launch also ignited a rapid proliferation of malicious tokens, fake dApps, and scams using the Trump name and branding, following the trend of scammers leveraging major news events in the crypto industry to target unsuspecting users. According to the report, tokens with the Trump name increased by 206% on the launch day. The report stated, Many of these tokens used misleading branding to lure investors. The chart shows that since late December, the number of new malicious tokens with the word Trump has hovered between 2,000 and 3,000 daily. However, this number increased to 6,800 tokens deployed on Friday, double the usual 3,300 Trump-inspired tokens created daily. Additionally, the number of fake dApps deployed saw record rates over the weekend. The malicious applications are often used to trick users into connecting their wallets, allowing scammers to drain funds. Blockaid reports that impersonator dApps using President Trumps name saw a 14x increase after the launch, with 91 malicious dApps deployed in 24 hours. Trump Memecoin Frenzy Continues The report highlighted that scammers didnt stop at Trump-themed tokens. Memecoins with metadata referencing the Trump family, including Melania and Barron-inspired ones, surged by 592% over the weekend, creating the illusion of an interconnected ecosystem. Its worth noting that US First Lady Melania Trump announced the launch of her official memecoin, MELANIA, on Sunday afternoon. The launch pushed the crypto market to a 6% correction, with Bitcoin (BTC) dropping below $100,000, and TRUMP declining 49% in an hour. On Inauguration Day, DexScreeners main page showed a plethora of memecoins inspired by the Trump Family. Of the top 15 tokens, 11 were related to the presidential family, including the official TRUMP and MELANIA memecoins. Fake Donald Trump Jr, Ivanka, and Eric memecoins were also launched, alongside Trump-related figures like US Vice President JC Vance and Elon Musk. Despite the several Musk-themed tokens already existing, the recently launched memecoins used branding inspired by the official Trump tokens. Related Reading: Analyst Says Bitcoin Is Entering Second Price Discovery Uptrend, Whats Ahead For BTC? Moreover, the Trump memecoin frenzy continued as the US President was sworn into office. A video shared on X shows that during Trumps inauguration speech, community members created several new tokens themed after the speech. Users flooded the market with dozens of memecoins using phrases like Make America respected again or America will be admired again just seconds after the US President pronounced them, potentially attempting to lucre from the ongoing hype. As of this writing, the official TRUMP memecoin trades at $37.6, a 1.4% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

View Details