📉 Ethereum chart review 📈
Ethereum's Pectra upgrade, set for March, aims to enhance efficiency and usability through a series of phased improvements. Developers are currently finalizing block numbers for the Sepolia and Holesky forks, a process expected to be completed by the end of January. Updated client versions will be released on Feb. 3, with the Sepolia fork scheduled for Feb. 12 and the Holesky fork following on Feb. 19.
With this timeline in mind, by the end of February, we should have a much clearer fundamental picture of Ethereum’s future.
From a technical analysis perspective, the developing monthly and weekly charts still look decent. The worst-case scenario could see dips to ~2700-2750, but even that might not happen. There's also a reasonable chance for a bounce from current levels.
Ethereum's Pectra upgrade, set for March, aims to enhance efficiency and usability through a series of phased improvements. Developers are currently finalizing block numbers for the Sepolia and Holesky forks, a process expected to be completed by the end of January. Updated client versions will be released on Feb. 3, with the Sepolia fork scheduled for Feb. 12 and the Holesky fork following on Feb. 19.
With this timeline in mind, by the end of February, we should have a much clearer fundamental picture of Ethereum’s future.
From a technical analysis perspective, the developing monthly and weekly charts still look decent. The worst-case scenario could see dips to ~2700-2750, but even that might not happen. There's also a reasonable chance for a bounce from current levels.
📉 Bitcoin Daily 📈
BTC has bounced from the Q4 VAH (Value Area High) and trendline, reclaiming the daily 20-SMA. It is now trading near last week’s closing level. This level, which was plotted on the chart this Monday, has historical significance as a support/resistance (SR) zone. Specifically, the 102.5-103k range has acted as a key SR level since December 12th, with price flipping around it multiple times. The current price action suggests a similar process is underway.
Weekly Chart Analysis
The weekly chart is forming an extremely long buy-tail doji with a small body. This pattern is not bearish but indicates high uncertainty. As mentioned previously, such buy tails often attract price revisits. However, it’s unclear whether this revisit will occur before or after a bullish continuation.
BTC has bounced from the Q4 VAH (Value Area High) and trendline, reclaiming the daily 20-SMA. It is now trading near last week’s closing level. This level, which was plotted on the chart this Monday, has historical significance as a support/resistance (SR) zone. Specifically, the 102.5-103k range has acted as a key SR level since December 12th, with price flipping around it multiple times. The current price action suggests a similar process is underway.
Weekly Chart Analysis
The weekly chart is forming an extremely long buy-tail doji with a small body. This pattern is not bearish but indicates high uncertainty. As mentioned previously, such buy tails often attract price revisits. However, it’s unclear whether this revisit will occur before or after a bullish continuation.
OTHERS/BTC is ABSOLUTELY ready for a ride upwards!
It perfectly rhymes with the history — every January after the Bitcoin Halving set a mark for a massive Altcoin Season.
No doubt, this time it will be slightly different because there are much more coins on the market, but the fact remains unchanged — Massive Growth of Altcoins should happen this year!
It perfectly rhymes with the history — every January after the Bitcoin Halving set a mark for a massive Altcoin Season.
No doubt, this time it will be slightly different because there are much more coins on the market, but the fact remains unchanged — Massive Growth of Altcoins should happen this year!
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ETH UPDATE
Not much to expect here tbh. Here are brief thoughts — the current chart is quite similar to what we've seen back in the beginning of 2024
The same Falling Wedge structure that takes time to be broken upwards
Probably a support touch near the $2700 would be a good entry, for now no position there.
However, there is one positive fact we saw yesterday — once Ethereum started moving, all tokens based on it started moving hard and fast. Chances of AltSeason are not dead, just need to wait for $ETH.
Not much to expect here tbh. Here are brief thoughts — the current chart is quite similar to what we've seen back in the beginning of 2024
The same Falling Wedge structure that takes time to be broken upwards
Probably a support touch near the $2700 would be a good entry, for now no position there.
However, there is one positive fact we saw yesterday — once Ethereum started moving, all tokens based on it started moving hard and fast. Chances of AltSeason are not dead, just need to wait for $ETH.
Buying some $DEFI here!
I believe we are very close to the utility season. From now on people will think twice before buying low cap memes with their hard earned money.
Why do I buy exactly De.Fi here? Because it has the real product. This app became the biggest Web3 SuperApp with 50M monthly users, supported by chiefs of Binance & Coinbase.
Moreover, there some major listing are on the way: $DEFI already listed on all T2 exchanges and Bybit , more likely there is a huge listing coming
I believe we are very close to the utility season. From now on people will think twice before buying low cap memes with their hard earned money.
Why do I buy exactly De.Fi here? Because it has the real product. This app became the biggest Web3 SuperApp with 50M monthly users, supported by chiefs of Binance & Coinbase.
Moreover, there some major listing are on the way: $DEFI already listed on all T2 exchanges and Bybit , more likely there is a huge listing coming
#REVIEW BITCOIN
For the first time in days $BTC looks locally bullish! The price has made it to the blue support zone and bounced back.
Now the structure looks great, a slow rise up to $102k level would impact the market in a nice way! However, the real upside will start only after $BTC breaks $102k resistance. For now we are only talking about rangebound price action.
For the first time in days $BTC looks locally bullish! The price has made it to the blue support zone and bounced back.
Now the structure looks great, a slow rise up to $102k level would impact the market in a nice way! However, the real upside will start only after $BTC breaks $102k resistance. For now we are only talking about rangebound price action.
It's not a good CPI Data
It is "worth it" being careful short term okay. Even if you miss a falling knife, some times it's just worth basic trading hygiene (rare) but it's one of those days you'd be better off skipping let's say a technical level 94,222 because A) Daily closed below 97,994 B) CPI is not cool C) during 9th - 12th so far no shift happened
I'll pivot, if need would arise. If invalidations would get met. And you know my invalidations are pretty tight to asap align us with market if I'm to get wrong. But on Numbers like this Just worth being protective even if you get wrong being protective because can't ignore signs
Informed inside to skip playing my 94,222 level - and it's such good level I'm letting go as you see it has given instant Bounce.
It is "worth it" being careful short term okay. Even if you miss a falling knife, some times it's just worth basic trading hygiene (rare) but it's one of those days you'd be better off skipping let's say a technical level 94,222 because A) Daily closed below 97,994 B) CPI is not cool C) during 9th - 12th so far no shift happened
I'll pivot, if need would arise. If invalidations would get met. And you know my invalidations are pretty tight to asap align us with market if I'm to get wrong. But on Numbers like this Just worth being protective even if you get wrong being protective because can't ignore signs
Informed inside to skip playing my 94,222 level - and it's such good level I'm letting go as you see it has given instant Bounce.
CRYPTO STASH
It's not a good CPI Data It is "worth it" being careful short term okay. Even if you miss a falling knife, some times it's just worth basic trading hygiene (rare) but it's one of those days you'd be better off skipping let's say a technical level 94,222 because…
Despite Fearful CPI, I must tell you one thing
(Some) Alts could have bottomed during Last week's wick because as ridiculous as it might sound, SO many Alts hit their YEARLY levels and some even 3Y levels - it is unimaginable to not see bounces coming off these levels - and Past 4-5 days we have Played More Longs than Shorts inside because I had predicted last week whenever $94698 would come it'll frontrun into $98k (and happened 3 days ago) so... Longs
But more so, because of Order books. Levels where Alts have reached, it is not worth capitulating them SPECIALLY when it's Max Fear ... Oh Bad CPI, oh Bad that
Leverage 100% I skipped even my own 94,222 level but SPOT, no longer worth capitulating positions. Specially if you did not sell Spot partially at 104k-106k levels before this 60%+ crash on most Alts, I warned. Whatever remaining I hold, I'll not sell as I can sense final phase of max fear before Right back up!
Given that Many alts have hit macro-most levels
BTC, is different on other hand. I genuinely still continue to believe that 88k will still hit even if slow bleed... and give me a Daily close above 97998-103393 I'll pivot until then it has served P-Circle Community well not pivoting prematurely.
But Alts, it's max fear when FED would end up interfering. Usually.
(Some) Alts could have bottomed during Last week's wick because as ridiculous as it might sound, SO many Alts hit their YEARLY levels and some even 3Y levels - it is unimaginable to not see bounces coming off these levels - and Past 4-5 days we have Played More Longs than Shorts inside because I had predicted last week whenever $94698 would come it'll frontrun into $98k (and happened 3 days ago) so... Longs
But more so, because of Order books. Levels where Alts have reached, it is not worth capitulating them SPECIALLY when it's Max Fear ... Oh Bad CPI, oh Bad that
Leverage 100% I skipped even my own 94,222 level but SPOT, no longer worth capitulating positions. Specially if you did not sell Spot partially at 104k-106k levels before this 60%+ crash on most Alts, I warned. Whatever remaining I hold, I'll not sell as I can sense final phase of max fear before Right back up!
Given that Many alts have hit macro-most levels
BTC, is different on other hand. I genuinely still continue to believe that 88k will still hit even if slow bleed... and give me a Daily close above 97998-103393 I'll pivot until then it has served P-Circle Community well not pivoting prematurely.
But Alts, it's max fear when FED would end up interfering. Usually.
HUGE NEWS 🔥🔥🔥
Donald Trump Jr. just tweeted about us. He will speak at our event this Wednesday
https://x.com/DeFi/status/1893810523864461501
Donald Trump Jr. just tweeted about us. He will speak at our event this Wednesday
https://x.com/DeFi/status/1893810523864461501
Talking about $BTC... I don't feel so good!
Main $87k - $89k support zone is broken and no sign of recovery thus far. At the moment it even looks like a bearish retest of the broken level ☠️
In a nutshell, we need green candles. Maybe small ones, maybe slow ones, but we need them. Once bears get to the driver seat, $BTC is cooked! It's hard to imagine how deep it can dump, probably $67k is the ultimate retest though. If this is the case, prepare for some slow and depressing rangebound move 🫡
Main $87k - $89k support zone is broken and no sign of recovery thus far. At the moment it even looks like a bearish retest of the broken level ☠️
In a nutshell, we need green candles. Maybe small ones, maybe slow ones, but we need them. Once bears get to the driver seat, $BTC is cooked! It's hard to imagine how deep it can dump, probably $67k is the ultimate retest though. If this is the case, prepare for some slow and depressing rangebound move 🫡
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https://x.com/maze_chat/status/1955313005652017303?t=jIx_pqE5MH_Iy47WfYHM1A&s=19
1️⃣ Non-custodial, you own the keys, always.
2️⃣ Send & receive crypto instantly.
3️⃣ Send crypto directly to your contacts.
4️⃣ Trade tokens without leaving the app.
5️⃣ Token mixer coming to Maze Windows for extra privacy.
Result: Messaging, payments, and trading, all in one secure, private platform.
https://x.com/maze_chat/status/1955313005652017303?t=jIx_pqE5MH_Iy47WfYHM1A&s=19
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🚀 ETH ALT SZN IS HERE 🚀
We’re expecting a big breakout for $MAZE in the coming hours 📈 The chart has bottomed on a 1M floor, setting the stage for a strong upward move.
✅ 700 holders in just 36 hours
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If you missed the ETH on chain run in 2024
If you missed the NFT boom of 2021/22…
This is your chance to secure the bag - right as ETH is breaking the roof! 🌌
CA: 0x4b5AaE28e585a7C28d1A7Bba70BBb5fD376Eabb9
$MAZE is here. Don’t sleep - join the movement early.
We’re expecting a big breakout for $MAZE in the coming hours 📈 The chart has bottomed on a 1M floor, setting the stage for a strong upward move.
✅ 700 holders in just 36 hours
✅ 100% community-driven - no snipers, no insiders
✅ Delivering the app & tech crypto has been waiting for over 5 years
✅ Built to onboard millions of users in the next few years
If you missed the ETH on chain run in 2024
If you missed the NFT boom of 2021/22…
This is your chance to secure the bag - right as ETH is breaking the roof! 🌌
CA: 0x4b5AaE28e585a7C28d1A7Bba70BBb5fD376Eabb9
$MAZE is here. Don’t sleep - join the movement early.
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