CryptoVault X

Lately, I keep circling back to the same question: what actually has the power to drive crypto upward now?

We’ve witnessed nearly every classic bullish catalyst:

· A pro-crypto U.S. administration.
· The launch of spot ETFs.
· Massive institutional accumulation—like Saylor’s nearly $2B purchase in just the last two weeks.
· Institutional demand and dedicated acquisition tools.
· Anticipated rate cuts, which we’ve now gotten for three consecutive meetings.

Yet, here we are.

Meanwhile, Gold, Silver, the Nasdaq, and the S&P 500 are all touching all-time highs. Historically, crypto has moved in sync with these very macro and liquidity tides. But this cycle, the correlation has broken.

So it leaves me genuinely wondering: What will it take for crypto to move?

Or have we reached a point where all the good news is already priced in, and now price simply needs time—not new headlines?

This isn’t panic. Just an honest assessment
$BTC

Ethereum's price action may seem quiet on the surface, but the underlying structure is shifting gradually toward a bullish posture. While ETH has moved little in the past 24 hours, it maintains a modest weekly gain of 2.6%. Importantly, the price has held consistently above $3,100 across multiple sessions, indicating underlying strength rather than exhaustion.

This period of consolidation is not arbitrary. ETH is compressing near crucial technical levels—a common precursor to significant breakouts. The direction of the next major move hinges on whether returning buyers can convert this sideways action into a sustained upward continuation.

Bull Flag Pattern Points to Potential Upside Resolution

Ethereum appears to be forming a breakout from a bull flag pattern. This structure typically emerges after a strong upward move, followed by a period of narrow consolidation before the trend resumes. The pattern suggests a pause, not a reversal, and remains valid as long as ETH sustains above the $3,090 support level.

This zone has repeatedly absorbed selling pressure, with the price bouncing from it multiple times, confirming that buyers are actively defending it. A decisive daily close above $3,130 would serve as the first confirmation that the flag is breaking upward, signaling an end to consolidation and a resurgence of buyer control. Until then, ETH remains in compression, but the bullish setup stays intact.

On-Chain Data Shows Easing Selling Pressure

On-chain metrics support the technical narrative. The Holder Net Position Change indicator, which tracks whether long-term investors are accumulating or distributing, shows a notable reduction in selling pressure.

For instance, net ETH selling decreased by approximately 8.4% between December 12 and 13. While distribution continues, its slowing pace near a key resistance level is characteristic of late-stage consolidation. This behavior suggests holders are not panicking but are instead holding in anticipation of a potential move higher, increasing the likelihood of a successful breakout.

Key Levels for the Next Major Move

If Ethereum achieves a daily close above $3,130, the next significant resistance lies near $3,390. A clear break above this area could open a path toward the $4,000 - $4,020 range, which aligns with the measured move target of the bull flag.

Conversely, the bullish scenario would be invalidated if ETH experiences a daily close below $3,090. A breakdown below $2,910 would completely negate the current pattern structure.
#Ethereum

Harga Bitcoin mungkin terlihat stagnan, bergerak kurang dari 1% dalam beberapa hari terakhir dan menunjukkan sedikit momentum mingguan. Namun, di balik permukaan tenang ini, beberapa indikator on-chain dan teknis menunjukkan kekuatan yang mendasari sedang dibangun. Berikut adalah tiga alasan mengapa banyak analis tetap optimis terhadap BTC.

1. Perubahan Momentum Tersembunyi dalam Data Volume

Sementara aksi harga telah terikat dalam rentang, indikator momentum mengungkapkan pergeseran tenang yang menguntungkan pembeli. Bitcoin telah dengan tegas mempertahankan level dukungan $90,100, mencegah koreksi yang lebih dalam.