ethereum goes to $20,000gm,
eth is setting up for a monumental move to the upside as the etfs were granted access into crypto land.
they've been accumulating behind the scenes while a large majority of the market has been panic selling due to a rise in fear, uncertainty, and doubt.
---
over the last month i have decided to pivot my primary macro idea from bear to bull, due to two variables.
1. fear
2. market structure .
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a macro bullish nest is a series of 1-2 structures in elliott wave theory which leads to a parabolic expansion to the upside. so while the common man sells his bag out of sheer fear, the institutional trader simply scoops his coin up for a bargain and awaits the mark-up phase.
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eth target sits above 20k.
Ethereum (Cryptocurrency)
#Bitcoin Head & Shoulders Pattern Hits Perfectly, $250k Next?#Bitcoin Head & Shoulders Pattern Hits Perfectly, $250k Next? 🚀
My previous CRYPTOCAP:BTC chart showed a perfect Head & Shoulders pattern. The right shoulder formed exactly as expected, and now #BTC is at $84,000, a new ATH.
With resistance broken, the next target could be $250k.
Do you think $250k is possible in this bull run? 🚀
Ethereum Retail Investor Count Surges by 3.3 MillionEthereum Retail Investor Count Surges by 3.3 Million: The Road to an Altcoin Bull Run?
Analyzing Changes in Ethereum's Retail Investor Count
Over the past 60 days, we’ve observed a notable increase in the number of Ethereum retail investors. While the percentage increase may seem modest at 2.77%, this translates to approximately 3.3 million new retail addresses. With this rise over the past two months, the total number of retail investor addresses has reached 125.18 million.
Could Retail Investors Be the Catalyst for a Bull Market?
To answer this briefly: Yes.
In a bull run, new investors entering the market are expected to drive a significant increase in demand. When supply is limited or relatively scarce, as with Ethereum, this demand surge is anticipated to lead to a substantial price increase. Given that Ethereum is often seen as the “father of altcoins,” this trend holds even greater importance.
Why Is This So Significant?
The Key to an Altcoin Rally: Ethereum
Recently, Ethereum's price performance has lagged behind Bitcoin. In the last six months, for example, Bitcoin has gained 33%, while Ethereum's return has only been 10%. This discrepancy has left many altcoin investors disappointed. However, with Bitcoin dominance receding, we’re seeing Ethereum come back into the spotlight. Over the past week, while Bitcoin has risen around 19%, Ether has gained over 29%.
Following Ethereum's rally, the entire altcoin market is experiencing a period of relief and upward movement. This is why Ethereum's price trends and volatility are crucial for a potential altcoin bull run. Monitoring on-chain data here can provide critical insights.
How Can We Track This Data?
Conclusion
Through the IntoTheBlock & TradingView collaboration, you can track Ethereum's retail investor count under the "ETH_RETAIL" metric.
Observing whether there’s a corresponding increase in retail interest following the recent price surge can offer insight into the rally’s sustainability. If there’s no notable rise in the retail investor count, expecting a strong, lasting bull run might be overly optimistic. Thus, on-chain data sometimes serves as a leading indicator, and at other times, it confirms trends.
Thank you for reading.
Go GORA Go :-)GORA - Gora Network is a decentralized oracle network established on Algorand as well as on Ethereum.
This low cap gem has been beaten up badly recently, but seems to have found a double bottom at the end of October 2024 -- severely undervalued imho, with a 2x - 15x potential mid-term.
DYOR:
28% of the original 100M token supply has been burned (source: vestige.fi ).
Validator staking V3 released (on Algorand and Ethereum) with 17% APY.
App-Specific Oracles.
x.com
linktr.ee
coinmarketcap.com
app.tinyman.org
Sui vs Solana: Rising Contenders in the Blockchain RaceSui vs Solana: Rising Contenders in the Blockchain Race 🚀
Going to start this with my personal view:
In my view, both Sui and Solana are making impressive strides but will likely settle into the same category as Cardano and a few other notable Layer 1s: the Top of the ALTS3 category. While they are undoubtedly powerful players in terms of technology, scalability, and partnerships, they still have a long way to go before approaching the established dominance of Bitcoin and Ethereum. These two titans remain in a league of their own, setting standards for resilience, decentralization, and global adoption. As the blockchain ecosystem continues to expand, I expect Sui, Solana, and similar projects to find their niche as prominent altcoins, but the gap between them and the BTC-ETH stronghold will remain significant—for now.
Now let's jump into details:
Ethereum's scalability limitations (had) opened the door for “Ethereum killers,” but we saw Ethereum acting and I do expect Eth to be the undisputed number 2 in this race.
At this stage, the competition is heating up for “Solana killers.”
Sui, backed by cutting-edge technology and robust funding, is emerging as a significant contender against Solana. Let’s dive into why Sui is catching everyone’s attention, its potential impact on the market, and how it stacks up against Solana.
The Core Differences: Tech and Transaction Speeds ⚙️
Solana utilizes a hybrid Proof-of-Stake (PoS) and Proof-of-History (PoH) approach, enabling speeds of up to 200,000 transactions per second (TPS), with potential upgrades (like the Firedancer validator) to push TPS to 1 million. Solana’s architecture supports a wide range of applications, especially for institutional partnerships like Visa and PayPal, but it has faced reliability issues like network congestion and outages.
Sui, built by former developers from Facebook's Libra project, leverages an Object-Based Model and Delegated Proof-of-Stake (DPoS). Its parallel processing structure allows for 297,000 TPS with a transaction finality of just 390 milliseconds—considerably faster than Solana’s 12 seconds. Sui’s distinct programming language, Move, focuses on high efficiency and ease for developers, reducing bottlenecks and paving the way for advanced applications, especially in Web3 gaming.
Ecosystem & Adoption 🌐
Solana has the upper hand in terms of established infrastructure, with over 334 DApps, 5 million active wallets, and a $6.5B TVL (Total Value Locked) across DeFi projects. Sui, although newer, has shown impressive growth with 90 DApps and 1 million active wallets. It’s carving a niche, particularly in the Asian market, partnering with giants like Alibaba Cloud and NHN.
The recent launch of the SuiPlay0X1 gaming device underscores Sui’s focus on gaming and entertainment, integrating both Web2 and Web3 elements. Meanwhile, Solana’s focus on institutional use cases with devices like the Saga phone shows its commitment to decentralized finance (DeFi) and payments, reinforced by major partnerships.
Tokenomics & Investor Sentiment 📊
Solana’s tokenomics initially faced criticism for heavy allocations to insiders, sparking concerns over centralization. However, it managed to sustain investor confidence, achieving a 90x increase during the 2021 bull run. Sui’s tokenomics, with 50% allocated to community reserves, aims to decentralize its control and support sustainable growth. Sui raised $336 million from backers, including a $100 million stake from FTX (subsequently repurchased), emphasizing strong financial support even after the FTX collapse.
The Path Ahead: Coexistence or Conquest? 🤔
Both Solana and Sui face challenges: Solana’s hurdles include network reliability and competition from new L1s, while Sui's risks involve reliance on the untested Move language and a concentrated focus on the Asian market. Each has unique strengths—Solana in institutional DeFi and Sui in scalable gaming and retail adoption.
Ultimately, rather than a winner-takes-all scenario, Solana and Sui may coexist, serving distinct markets and use cases. This diversity could benefit the crypto ecosystem as a whole, maintaining the decentralized ethos of blockchain technology by preventing any single chain from monopolizing the landscape.
One Love,
The FXPROFESSOR 💙
Ethereum Run on it's WayEthereum Approaching a Major Breakout 🔥 - Technical and Fundamentals Aligned for an Epic Ethereum Bull Run 🚀
Ethereum is positioning itself for a powerful breakout, making this a pivotal moment for ETH supporters and a potential turning point in the market. The charts show Ethereum poised at a critical resistance level of $2,800—a breakout here could open doors to the next price targets of $3,649 and even $6,174 in the long run. The 70% probability of this breakout emphasizes the strength of this setup. However, should it fall back, the $2,398 level remains a robust support, keeping ETH on solid ground even if the rally takes a pause.
Technical Analysis: The Big Picture
Ethereum’s long-term chart suggests a significant upside, with structural support around $2,153 providing a firm base for growth. This upward momentum reflects the strength Ethereum has shown historically, rebounding from key levels with resilience. A breakout above $2,800 would not only signify a technical achievement but also a shift in market sentiment towards a bullish ETH cycle, potentially drawing liquidity from Bitcoin dominance into altcoins.
Ethereum’s Fundamental Strengths 🌐
Beyond the charts, Ethereum’s fundamentals have been strengthening, making it more than just a speculative play. With the Ethereum 2.0 upgrade now live, the network’s shift to Proof of Stake (PoS) has significantly reduced energy consumption, making Ethereum more sustainable and attractive to eco-conscious investors. Additionally, staking incentives are driving higher demand for ETH, as holders can earn rewards directly on the network, effectively reducing sell-side pressure.
The burn mechanism introduced by EIP-1559 has added a deflationary aspect to ETH, with millions of dollars in ETH removed from circulation. This economic adjustment not only reduces supply over time but also enhances the intrinsic value of each ETH token. Coupled with a growing ecosystem of decentralized finance (DeFi) applications, NFTs, and layer 2 scaling solutions, Ethereum’s value proposition is only strengthening.
The Road Ahead: Potential and Caution ⚖️
While Ethereum looks promising, it’s essential to watch key support levels, particularly around $2,398 and $2,153. A failure to break through $2,800 might result in a retest of these lower supports. But with ETH’s fundamentals aligning with technical signals, the market’s long-term trajectory leans bullish. Should this breakout happen, we could see Ethereum challenging previous all-time highs and possibly entering price discovery mode.
As always, keep an eye on the charts, follow the fundamental news, and make sure to manage your positions with care. This is an exciting moment for ETH believers—let’s see if the market validates our analysis!
One Love,
The FXPROFESSOR 💙
ETHUSDT: Strong Bullish Breakout with Target at $3,550ETHUSDT has recently shown impressive bullish momentum, breaking out of a prolonged descending channel. Currently trading around $3,171, Ethereum has surged past key resistance levels, signaling a potential continuation of its upward trajectory.
The breakout from the descending channel suggests a bullish reversal, with a likely target near the $3,550 mark (highlighted in the green area). This target aligns with the upper boundary of the channel and represents a major resistance level.
Technical indicators and moving averages support this bullish outlook, as Ethereum gains strength above its moving averages. Traders looking for long positions may consider buying on any minor pullbacks toward $3,000, aiming for a target of $3,550.
ETHUSDT HITTING FOUR LEVELS OF RESISTANCE Hello, dear traders.
It’s already Saturday night, but crypto doesn’t stop, so we continue to keep a close eye on the charts.
Here’s **ETH on the Daily** timeframe, currently facing four levels of resistance:
1. The 200 MA
2. The 0.382 Fibonacci retracement level from the all-time high
3. The Lower Highs trendline
4. The psychological level of 3000 USD
Volume has been solid over the past few days, but today it's notably low. I exited the intraday long—check the ETH 30-minute chart for details on that idea.
I’ll keep this idea updated daily.
Stay safe!
Bearish reversal?Ethereum (ETH/USD) is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support which acts as an overlap support.
Pivot: 3,386.40
1st Support: 2,863.34
1st Resistance: 3,889.27
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Saved by support and bulls are still strongSmall flash drop; dont look too bad just a small retrace
From 3170 should be able to break above 3250
I be expecting for ethereum to hit 4000 first since now at 3000; eyes on 4000 then 5000.
Since bitcoin hit over $80K that means Ethereum could hit $10K this year; for trading view if you place margin $50 to hit $10K then your profit will hit over $10K , margin 102$ thats about over $20K profit. I still stick ether two margin if i were you on TradeLocker.
Lets get rich together ! Be sure to use proper risk management
The Banana Zone Series - ETH Buy the Dip Levels (2 of 10)The Banana Zone Series - ETH Buy the Dip Levels (2 of 10)
Alt-season is here. BTC breakout has been confirmed. If you missed positioning for the next level of exponential moves, what are some of the buy the dip zones while still have time for the bigger moves into the banana zone.
We continue the series with Ethereum ( CRYPTOCAP:ETH ).
As you can see in my analysis, pull backs to $3040 and below is my new accumulation zone. I will initiate some leveraged longs for new trades in preparation for the moves to the banana zone in the alt season.
For more aggressive traders, $3121 and below can be the trigger longs with tight stops.
Not a financial advice so DYOR.
TOTAL market cap chart screaming buy signalIf you're not long crypto I don't even know what the heck you're doing, if you call yourself a financial speculator...
Last time a signal fired in this timeframe it was in October 2023, at 1.15T market cap.
Upside to 5 to 9 trillion by July 2025 is in the cards.
Get long crypto!
Best of luck!
Cheers,
Ivan Labrie.
ETH CME Futures Gap Filled Ethereum's CME futures gap, which had been present for around 90 days, has finally been filled. Typically, CME futures gaps tend to act as magnet levels, drawing the price back to fill these gaps over time. This time, ETH took about three months of consolidation before returning to fill the gap at the $3000 level.
Filling this gap can signal renewed momentum. As history has shown, once a futures gap is filled, price can either continue the trend or establish a new support/resistance area around the gap level.
Regards
Hexa
Ethereum: Bullish Targets of $10K to $15KETHUSDT Technical Anlaqysi update
Ethereum has been consolidating within a symmetrical triangle for approximately 1,500 days. This long-term pattern has seen the price consistently oscillate between support and resistance levels, gradually narrowing. Currently, ETH is rebounding off the triangle's support trendline and appears to be approaching the resistance level, suggesting the possibility of a breakout.
If CRYPTOCAP:ETH manages to break above this resistance, a strong bullish move could ensue, with potential targets around the $10,000 to $15,000 range. The breakout from this multi-year triangle formation could signify a significant upward trend for $Ethereum.
BINANCE:ETHUSDT BITSTAMP:ETHUSD BINANCE:ETHUSDT.P
Ethereum price rise might give green light to the new altseasonHello traders,
Ethereum price started to recover after a prolonged fall.
Ethereum recovery is on early stages and at the moment it's need more confirmations.
ETH price slowly approaching its main resistance to date and it will be big test if the price manages to rise above it or not.
In case if ETH manages to breakout above 3000 resistance area and hold there then we can expect continuation of the uptrend.
But in case if ETH price fails to do so then we probably will see another correction to around 2400 area. I don't expect this correction to last long though.
As we are approaching Q4 2024 I expect overall crypto market recovery and the main drivers of this recovery should be Bitcoin and Ethereum.
One more thing, historically, every altseason begins from ETH price recovery and growth of ETH dominance, after that liquidity start to flow to other altcoins. I expect this to be true in Q4 2024.
Please, do not forget to boost this idea and leave your comments below, thanks.
Ethereum: MACD Signals Potential Bullish! ETHUSDT weekly chart is currently showing a significant bullish signal, The MACD indicator has just completed a bullish crossover, where the MACD line crosses above the signal line, indicating a potential shift in momentum from bearish to bullish.
Historically, whenever similar crossovers have occurred on the weekly chart, ETH has often experienced strong upward movements in the following weeks and months. Adding to this positive outlook, the MACD histogram has turned green, reflecting an increase in bullish momentum as the distance between the MACD line and the signal line widens. This is a strong indication that buying pressure is supporting the signal, suggesting that ETH could be on the verge of a substantial bullish move.
ETHUSD: Strong Bearish Bias! Sell!
Welcome to our daily ETHUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 3,137.76
Wish you good luck in trading to you all!
ETH Price Holds Steady at Key Support LevelETHUSDT Technical analysis update
ETH price has been trading within a triangle pattern for the past 85 days, with multiple touches on both the resistance and support lines. A breakout is likely soon. If the price breaks above the resistance line, a strong bullish move could follow. However, if it breaks below the support, the price may drop to the $1,800 - $2,000 range.
ETH price has formed a triangle pattern at a strong 2-year support line.
In weekly charts 100 and 200 EMA acts as a strong support for ETH.
Currently, the ETH price is trading at a strong support level, indicated by multiple technical indicators. We can expect a bounce from this level after a few days of consolidation
Regards
Hexa