#TRX Market Analysis
TRX is at 0.3342 on the daily, pressing right into the multi month ascending trendline from January, with the horizontal level near 0.3258 now acting as support beneath.
Bull case: hold above 0.3258 and clear 0.3400, opening a path back toward 0.3600.
Bear case: lose 0.3258 and slide back toward 0.3100.
Trendline confluence holds, or does it break down here?
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Bitcoin Bullets® Trading
TRX is at 0.3342 on the daily, pressing right into the multi month ascending trendline from January, with the horizontal level near 0.3258 now acting as support beneath.
Bull case: hold above 0.3258 and clear 0.3400, opening a path back toward 0.3600.
Bear case: lose 0.3258 and slide back toward 0.3100.
Trendline confluence holds, or does it break down here?
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Bitcoin Bullets® Trading
#BTC Market Analysis
BTC is at 83,613 on the 4h, pulling back from the 86,000 highs and consolidating right between the steeper accelerating trendline and the broader ascending trendline from mid August.
Bull case: hold above 82,000 and reclaim the steeper trendline near 84,000, opening a path back toward 86,000.
Bear case: lose the broader trendline near 82,000, exposing a slide toward 76,000.
Consolidating between trendlines, or does this resolve into a bigger move?
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Bitcoin Bullets® Trading
BTC is at 83,613 on the 4h, pulling back from the 86,000 highs and consolidating right between the steeper accelerating trendline and the broader ascending trendline from mid August.
Bull case: hold above 82,000 and reclaim the steeper trendline near 84,000, opening a path back toward 86,000.
Bear case: lose the broader trendline near 82,000, exposing a slide toward 76,000.
Consolidating between trendlines, or does this resolve into a bigger move?
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Bitcoin Bullets® Trading
#ETH Market Analysis
ETH is at 2,668.51 on the 4h, pulling back from the 2,700 highs and landing right on the ascending trendline from mid August, which has held on every test since.
Bull case: hold the trendline and reclaim 2,700, opening a path toward fresh highs.
Bear case: lose the trendline near 2,600, exposing a slide toward 2,440.
Trendline holds one more time, or does the trend finally break?
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Bitcoin Bullets® Trading
ETH is at 2,668.51 on the 4h, pulling back from the 2,700 highs and landing right on the ascending trendline from mid August, which has held on every test since.
Bull case: hold the trendline and reclaim 2,700, opening a path toward fresh highs.
Bear case: lose the trendline near 2,600, exposing a slide toward 2,440.
Trendline holds one more time, or does the trend finally break?
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Bitcoin Bullets® Trading
#ALTCOINS Market Analysis
Small cap altcoin market cap (excluding top 10) is at 245.79B on the 4h, pulling back from the 252B highs and holding well above the ascending trendline from mid September.
Bull case: hold above 236B and resume the push back toward fresh highs above 252B.
Bear case: lose 236B and correct back toward the trendline near 220B.
Small caps continue leading, or does this pull back with the broader market?
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Bitcoin Bullets® Trading
Small cap altcoin market cap (excluding top 10) is at 245.79B on the 4h, pulling back from the 252B highs and holding well above the ascending trendline from mid September.
Bull case: hold above 236B and resume the push back toward fresh highs above 252B.
Bear case: lose 236B and correct back toward the trendline near 220B.
Small caps continue leading, or does this pull back with the broader market?
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Bitcoin Bullets® Trading
#BTC Market Analysis
BTC closed the monthly candle at 83,981 on the 1M, reclaiming the horizontal structure near 65,000 that's acted as support and resistance going back to the 2021 cycle highs and the 2024 breakout.
Bull case: holding the close above 65,000 keeps the broader structure intact, opening a path back toward the 2025 highs near 130,000.
Bear case: a slide back below 65,000 next month would flip this level back to resistance, exposing a drop toward 54,000.
Monthly close confirms the trend, or does this level get retested?
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Bitcoin Bullets® Trading
BTC closed the monthly candle at 83,981 on the 1M, reclaiming the horizontal structure near 65,000 that's acted as support and resistance going back to the 2021 cycle highs and the 2024 breakout.
Bull case: holding the close above 65,000 keeps the broader structure intact, opening a path back toward the 2025 highs near 130,000.
Bear case: a slide back below 65,000 next month would flip this level back to resistance, exposing a drop toward 54,000.
Monthly close confirms the trend, or does this level get retested?
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Bitcoin Bullets® Trading
#AAVE Market Analysis
AAVE is at 167.54 on the 8h, pulling back from the 176.00 highs, still riding well above the multi month ascending trendline from late August.
Bull case: hold above 160.00 and resume the push back toward fresh highs above 176.00.
Bear case: lose 160.00 and correct back toward the trendline near 152.00.
Healthy pullback within the trend, or does the correction deepen?
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Bitcoin Bullets® Trading
AAVE is at 167.54 on the 8h, pulling back from the 176.00 highs, still riding well above the multi month ascending trendline from late August.
Bull case: hold above 160.00 and resume the push back toward fresh highs above 176.00.
Bear case: lose 160.00 and correct back toward the trendline near 152.00.
Healthy pullback within the trend, or does the correction deepen?
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Bitcoin Bullets® Trading
#AVAX Market Analysis
AVAX is at 10.955 on the 8h, pulling back right into the intersection of the steep accelerating trendline and the broader rising trendline from mid August.
Bull case: hold the trendline confluence and reclaim 11.000, opening a path back toward 12.000.
Bear case: lose the broader trendline near 10.000, exposing a slide toward 8.400.
Trendline confluence holds, or does the parabolic move finally cool off?
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Bitcoin Bullets® Trading
AVAX is at 10.955 on the 8h, pulling back right into the intersection of the steep accelerating trendline and the broader rising trendline from mid August.
Bull case: hold the trendline confluence and reclaim 11.000, opening a path back toward 12.000.
Bear case: lose the broader trendline near 10.000, exposing a slide toward 8.400.
Trendline confluence holds, or does the parabolic move finally cool off?
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Bitcoin Bullets® Trading
#SOL Market Analysis
SOL is at 117.86 on the daily, pulling back after tagging the descending trendline from May, still riding well above the rising trendline from the June lows.
Bull case: clear 122.50 and break the descending trendline, opening a path toward fresh highs.
Bear case: lose 112.50 and fade back toward the rising trendline near 84.50.
Year long resistance finally breaks, or another rejection here?
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Bitcoin Bullets® Trading
SOL is at 117.86 on the daily, pulling back after tagging the descending trendline from May, still riding well above the rising trendline from the June lows.
Bull case: clear 122.50 and break the descending trendline, opening a path toward fresh highs.
Bear case: lose 112.50 and fade back toward the rising trendline near 84.50.
Year long resistance finally breaks, or another rejection here?
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Bitcoin Bullets® Trading
#ENA Market Analysis
ENA is at 0.2330 on the 4h, pulling back from the 0.2700 highs after a massive breakout run, still riding well above the ascending trendline from late August.
Bull case: hold above 0.2200 and resume the push back toward 0.2600 and fresh highs.
Bear case: lose the trendline near 0.2000, exposing a slide toward 0.1650.
Healthy pullback within the trend, or does the correction deepen?
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Bitcoin Bullets® Trading
ENA is at 0.2330 on the 4h, pulling back from the 0.2700 highs after a massive breakout run, still riding well above the ascending trendline from late August.
Bull case: hold above 0.2200 and resume the push back toward 0.2600 and fresh highs.
Bear case: lose the trendline near 0.2000, exposing a slide toward 0.1650.
Healthy pullback within the trend, or does the correction deepen?
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Bitcoin Bullets® Trading
#ETC Market Analysis
ETC is at 8.86 on the 6h, pulling back from the 10.00 highs, still holding well above the demand zone near 7.10 and the ascending trendline from mid August.
Bull case: hold above 8.40 and resume the push back toward 9.60 and fresh highs.
Bear case: lose 8.40 and slide back toward the trendline near 7.80.
Healthy pullback within the trend, or does the correction deepen?
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Bitcoin Bullets® Trading
ETC is at 8.86 on the 6h, pulling back from the 10.00 highs, still holding well above the demand zone near 7.10 and the ascending trendline from mid August.
Bull case: hold above 8.40 and resume the push back toward 9.60 and fresh highs.
Bear case: lose 8.40 and slide back toward the trendline near 7.80.
Healthy pullback within the trend, or does the correction deepen?
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Bitcoin Bullets® Trading
#BNB Market Analysis
BNB is at 784.63 on the 8h, pressing right into the steeper accelerating trendline off the August breakout zone near 605, still holding well above the broader rising trendline from late July.
Bull case: clear 790.00 and break the steeper trendline, opening a path toward fresh highs beyond 800.00.
Bear case: lose the steeper trendline near 760.00, exposing a slide toward the broader trendline near 700.00.
Steeper trend reasserts, or does it cool off to the wider trendline?
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Bitcoin Bullets® Trading
BNB is at 784.63 on the 8h, pressing right into the steeper accelerating trendline off the August breakout zone near 605, still holding well above the broader rising trendline from late July.
Bull case: clear 790.00 and break the steeper trendline, opening a path toward fresh highs beyond 800.00.
Bear case: lose the steeper trendline near 760.00, exposing a slide toward the broader trendline near 700.00.
Steeper trend reasserts, or does it cool off to the wider trendline?
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Bitcoin Bullets® Trading
#VVV Market Analysis
VVV is at 29.649 on the 4h, bouncing off the ascending trendline from mid September and pushing back toward the 31.000 resistance after pulling back from the 35.000 highs.
Bull case: hold the trendline and reclaim 31.000, opening a path back toward 33.000.
Bear case: lose the trendline near 28.000, exposing a slide toward 26.000.
Trendline holds, or does the pullback deepen?
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Bitcoin Bullets® Trading
VVV is at 29.649 on the 4h, bouncing off the ascending trendline from mid September and pushing back toward the 31.000 resistance after pulling back from the 35.000 highs.
Bull case: hold the trendline and reclaim 31.000, opening a path back toward 33.000.
Bear case: lose the trendline near 28.000, exposing a slide toward 26.000.
Trendline holds, or does the pullback deepen?
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Bitcoin Bullets® Trading
#TAO Market Analysis
TAO is at 303.9 on the 4h, pulling back from the 335.0 highs and landing right on the ascending trendline from mid September, with price compressing in a tight range just above it.
Bull case: hold the trendline and reclaim 309.0, opening a path back toward 325.0.
Bear case: lose the trendline near 299.0, exposing a slide toward 285.0.
Trendline holds, or does the pullback deepen?
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Bitcoin Bullets® Trading
TAO is at 303.9 on the 4h, pulling back from the 335.0 highs and landing right on the ascending trendline from mid September, with price compressing in a tight range just above it.
Bull case: hold the trendline and reclaim 309.0, opening a path back toward 325.0.
Bear case: lose the trendline near 299.0, exposing a slide toward 285.0.
Trendline holds, or does the pullback deepen?
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Bitcoin Bullets® Trading
#NEAR Market Analysis
NEAR is at 5.248 on the daily, pressing right into the year long ascending channel top after a vertical run off the 1.600 trendline lows, one of the strongest moves on the board.
Bull case: hold above 5.000 and clear the channel top, opening a path toward fresh highs beyond 5.400.
Bear case: fade back below 4.400, pulling price back toward the breakout zone near 3.200.
Channel breakout incoming, or is this stretched at resistance?
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Bitcoin Bullets® Trading
NEAR is at 5.248 on the daily, pressing right into the year long ascending channel top after a vertical run off the 1.600 trendline lows, one of the strongest moves on the board.
Bull case: hold above 5.000 and clear the channel top, opening a path toward fresh highs beyond 5.400.
Bear case: fade back below 4.400, pulling price back toward the breakout zone near 3.200.
Channel breakout incoming, or is this stretched at resistance?
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Bitcoin Bullets® Trading
#ADA Market Analysis
ADA is at 0.2708 on the 8h, pressing right into the top of the multi month ascending channel from June after a sharp run off the 0.2400 range lows.
Bull case: clear 0.2750 and break the channel top, opening a path toward fresh highs.
Bear case: reject here and fade back toward 0.2400, with the channel support near 0.2100 still below.
Channel breakout incoming, or another rejection at the top?
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Bitcoin Bullets® Trading
ADA is at 0.2708 on the 8h, pressing right into the top of the multi month ascending channel from June after a sharp run off the 0.2400 range lows.
Bull case: clear 0.2750 and break the channel top, opening a path toward fresh highs.
Bear case: reject here and fade back toward 0.2400, with the channel support near 0.2100 still below.
Channel breakout incoming, or another rejection at the top?
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Bitcoin Bullets® Trading
#BTC Market Analysis
BTC just dumped to 84,000 on the 4h, a sharp rejection from the 86,000 area that sent price straight down onto the ascending trendline from mid August.
Bull case: hold the trendline and reclaim 86,000, opening a path back toward fresh highs near 88,000.
Bear case: lose the trendline near 83,500, exposing a slide toward 80,000 and a deeper test of the September range.
Dip gets bought at the trendline, or does this dump open the door to more downside?
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Bitcoin Bullets® Trading
BTC just dumped to 84,000 on the 4h, a sharp rejection from the 86,000 area that sent price straight down onto the ascending trendline from mid August.
Bull case: hold the trendline and reclaim 86,000, opening a path back toward fresh highs near 88,000.
Bear case: lose the trendline near 83,500, exposing a slide toward 80,000 and a deeper test of the September range.
Dip gets bought at the trendline, or does this dump open the door to more downside?
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Bitcoin Bullets® Trading
#SUI Market Analysis
SUI is at 1.1238 on the 8h, sliding out of the 1.16 to 1.25 range that held since late September. Price is now testing the steep ascending trendline from the mid September lows near 0.68.
Bull case: hold the trendline near 1.11 and reclaim 1.16, opening a path back toward the 1.25 highs.
Bear case: lose 1.10 and break the trendline, exposing 1.04 and the 0.96 zone below.
Trendline holds the trend, or does the run finally crack?
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Bitcoin Bullets® Trading
SUI is at 1.1238 on the 8h, sliding out of the 1.16 to 1.25 range that held since late September. Price is now testing the steep ascending trendline from the mid September lows near 0.68.
Bull case: hold the trendline near 1.11 and reclaim 1.16, opening a path back toward the 1.25 highs.
Bear case: lose 1.10 and break the trendline, exposing 1.04 and the 0.96 zone below.
Trendline holds the trend, or does the run finally crack?
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Bitcoin Bullets® Trading
#ETH Market Analysis
ETH is at 2,566.81 on the 8h. A sharp flush knocked it out of the 2,680 to 2,760 range that held since late September, and price is now sitting right on the lower trendline of the rising channel from August.
Bull case: hold the channel support near 2,550 and reclaim 2,630, opening a path back toward 2,700.
Bear case: lose 2,540 and break the channel, exposing 2,460 and the 2,400 zone below.
Channel support holds again, or is this the breakdown?
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Bitcoin Bullets® Trading
ETH is at 2,566.81 on the 8h. A sharp flush knocked it out of the 2,680 to 2,760 range that held since late September, and price is now sitting right on the lower trendline of the rising channel from August.
Bull case: hold the channel support near 2,550 and reclaim 2,630, opening a path back toward 2,700.
Bear case: lose 2,540 and break the channel, exposing 2,460 and the 2,400 zone below.
Channel support holds again, or is this the breakdown?
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Bitcoin Bullets® Trading
#BTC Market Analysis
BTC is at 81,719.86 on the daily, dropping sharply after another rejection at the rising resistance trendline from the May highs near 87,000. That knocks price out of the 83,000 to 87,000 range that held since late September.
Bull case: hold 80,000 and reclaim 84,000, opening a path back toward the 87,000 resistance.
Bear case: lose 80,000, exposing the 78,000 to 76,000 zone from September.
Dip gets bought at 80K, or is a deeper pullback coming?
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Bitcoin Bullets® Trading
BTC is at 81,719.86 on the daily, dropping sharply after another rejection at the rising resistance trendline from the May highs near 87,000. That knocks price out of the 83,000 to 87,000 range that held since late September.
Bull case: hold 80,000 and reclaim 84,000, opening a path back toward the 87,000 resistance.
Bear case: lose 80,000, exposing the 78,000 to 76,000 zone from September.
Dip gets bought at 80K, or is a deeper pullback coming?
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Bitcoin Bullets® Trading