$ETH
Similar to my $SOL thesis, I’m watching a comparable structure forming on ETH that could offer a solid risk-to-reward short setup. The idea stays invalidated with any lower timeframe acceptance above 2.6k, keeping things clear and defined.
Right now, there’s limited confirmation that this is more than a bear market rally. Price action still mirrors the Nov–Jan phase, suggesting this move could print another lower high on the higher timeframe.
On the daily, $ETH continues to respect the...
$HYPE update: maybe I spoke too soon about not taking profits early, but it’s worth highlighting the risk that this could be shaping into a bearish impulse.
On the daily, both MACD and RSI are showing divergences. If price loses the $41 level (a minor structure point) and then breaks below $38, taking out the 4H trend, I’ll likely close my position.
At the same time, there’s still a chance this is just an extended C wave within a correction, which could lead to continuation higher afterward.
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$BTC price has tapped the first zone, but the indicators still aren’t showing any real weakness. For now, I’d avoid rushing into shorts and wait for clearer bearish confirmation from the technicals.
I’d only start considering shorts around the 79,000 area, and only if we see proper divergences on the 4H either on the MACD or RSI.
Looking at the daily chart, there are early signs of slightly fading bullish momentum in the histogram, but that alone isn’t enough to call a top, especially while th...
🚨 Two container ships were hit near the Strait of Hormuz today
Brent touched $100 before pulling back to $99.20, WTI is sitting at $90.30, both up roughly 0.8% on the day.
One of the attacks has been directly pinned on the IRGC, both crews are reportedly safe.
$TRUMP extended the ceasefire and markets held onto that, but nobody is pretending talks are actually moving forward.
That tension is exactly why oil can’t find a direction right now, the headline looks fine but the reality underneat...
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