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Ethereum Forming a Potential Bullish Bounce
Ethereum is starting to rebound around $3.1k, and could start to trend up again. I would monitor the Grayscale Ethereum ETF flows because all of the selling is primarily coming from Grayscale. This was a trend that we observed for Bitcoin during the Bitcoin ETF launch. I think once Grayscale stops selling Ethereum could see […]Read More
SOL Continues to Rally to $200+
SOL has shown a lot of bullish momentum, and is starting to break through the red resistance line. I think SOL continues to rally up to the resistance zone around $202-210. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreSolana Rejected at the Red Trendline
Solana has started trending down after a strong rejection from the red resistance line. There’s so much selling for Bitcoin and Ethereum that it is driving the crypto market down. SOL’s next key support level is around $155. For now I’m waiting until the end of the month to see how bullish or bearish the […]Read More
Ethereum Continues to Underperform Despite ETF Launch
Over the past year I’ve discussed how Ethereum has significantly underperformed compared to the rest of the crypto market. The Ethereum ETFs brought back some momentary hype with hopes that Ethereum will come back to life. I think Ethereum is still continuing to struggle despite the ETF launch. ETH failed to reach the red trendline […]Read More
Bitcoin Tumbles Headed Into July 25-27 Bitcoin Conference
There has been 4 days of downside for Bitcoin as we kick off the Nashville Bitcoin Conference. This will be a 3 day event from July 25-27, and there could be some exciting news announced throughout the conference. We also have to consider that there is a FOMC meeting next week, and the crypto market […]Read More
Altcoin Market Starts to Rebound
The Altcoin market had a correction headed into the Ethereum ETF launch, and Altcoins are starting to rebound today. There is a light blue resistance line suppressing the Altcoin market, and I think ALTS will form a bullish breakout once their market cap rises above $675 billion. For now Ethereum needs to kickstart the rally […]Read More
SOL Reaches Key Resistance Level
SOL has reached an important red resistance line around $180. There was a brief overshoot, but SOL has dropped back below the resistance line. I would monitor for resistance around $178 for a breakout or rejection. I think SOL is next in line for an ETF especially if Ethereum ETFs bring in some good numbers. […]Read More
Ethereum Remains Neutral Despite ETF Launch
Ethereum continues to trade within a range between $3,400 and $3,500. I think ETH needs to break above $3,600 to start a rally. There was $1 billion in ETF volume on the first trading day, and a net inflow of around $100 million. ETH had about 23% of the trading volume of Bitcoin, which shows […]Read More
Bitcoin Starting to Rebound
Bitcoin had a rejection at $68k and was in a correction for the past 2 days despite the Ethereum ETF launch. Today BTC is starting to rebound back up, and $68k remains a key resistance target to break. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreAltcoin Market Underperforms Relative to Bitcoin
The Altcoin market also had a successful retest around $600 billion market cap. There was a shakeout during the Iran-Israel tensions that occurred with a long wick down to the light blue support line. I think the war tensions will continue to take place, and we can see more shakeouts over the next few months […]Read More
Ethereum Holds Above $2,300
Ethereum has held above the $2,300 support level, which has two key yellow support levels that intersect at that price level. ETH has moved sideways since July 2024, and could start to experience some upside as BTC starts to rally. Typically the large market cap cryptos like ETH and BNB would start to rally first. […]Read More
Bitcoin Sets Sights on New All Time Highs
Bitcoin is trending for a bullish weekly candle close. This whole week seemed boring with a lot of downside, but Bitcoin is successfully retesting the bull flag resistance level, flipping it into support. I think we can see a lot of upside over the next few weeks. The Israel-Iran tensions should be something important to […]Read More