ETH Secondary trend. Channel. Potential triangle. 25 12 24

2024年12月24日

Logarithm. Time frame 3 days.

With altcoins (overflow of profits from bitcoin, now) along with XRP this is asset #1 for pumping, the reason for this is liquidity, which is extremely necessary for large capital. The average price of 1 distribution zone is conditionally 10 thousand. These are not the maximums of the cycle.

When the price lingers in this zone and there is a massive positive news background, all L2 assets, which are now in their accumulation zones, or in retests of breakout zones, will "fly" to super pumps (this is what it is). In percentage terms, they will show an order of magnitude greater profit in their distribution zones. Remember, as a rule, such assets (low liquidity) are first pumped by an aggressive pump (to leave in parts, without regret) by a huge %, and only then is a distribution zone formed on a rollback (channel, triangle ...) (hope for a huge profit on the continuation of the pump).

This idea is a continuation of this idea (which I can't update) of a secondary trend, the goals of which have been achieved with utmost precision:
ETH/USD Secondary trend. Bullish triangle. Breakout. Target 96% 11 11 2023

It is worth noting that now in the news background: "ether is bad", huge fake short positions for the news background. Many crypto media personalities speak negatively about the “prospects” of this very promising cryptocurrency of the “American” (Jewish) transnational financial conglomerate JPMorgan Chase (size of depository assets — $ 32.4 trillion, size of assets under administration — $ 7.7 trillion, etc.). What kind of lack of prospects can we talk about??

If they “stink” a lot to create public opinion, then there is probably an interested party in this. That is, it is worth doing everything the opposite of what they want to inspire, and as a result, tilt supply/demand in a favorable direction, which, as a rule, is always unprofitable for most market participants.

If you are an investor, then buy at any price (you can use martingale in parts, or place trigger orders for a breakthrough of important zones), and do not be interested in the opinion of the majority (meaningless market noise) and the news background (manipulation, deception). Sell ​​in the distribution zone (time is known in advance when, 2 zones) with a huge profit, as for a liquid trading instrument.

If you are a small investor or trader, then pay attention to the L2 group of assets and ETC (big pump “stick”), and use ETH itself as an indicator of “when”.

Also, the idea shows an unlikely scenario, or rather two scenarios. Consider this in your risk management.

The idea of ​​​​the main trend, published several years ago. Which, of course, is still relevant now. Everything develops organically, and extremely precisely according to plan.

ETH/USD Main trend Pump/dump cycles. Accumulation/Distribution 8 09 2022

Trend in general for clarity now.


locally this potential triangle (it doesn't exist yet) looks like this.

2024年12月28日

註釋

even more under the microscope key local levels and the price clamping in this trend-forming range, which will form this more probable exit pattern.

2024年12月28日

註釋

📊 This (for the market as a whole) can be said to be almost (if there is no long stop loss collection) the last chance (if a less probable scenario is not realized) to gain positions.

🤔 If you doubt something, work from the average price and exceed the risks, especially regarding the margin. Although I understand that my words repeated dozens of times the same (emphasis of attention) always fly in one ear, until the time when it is already too late or painful...

2月2日

交易進行

02 02 2025 reached the dynamic support zone of the bullish triangle. The logic and percentages from the key zones are shown. It is not particularly important how they will get the long stop loss, and at what %. It is only important that this is the second cryptocurrency by liquidity, for pumping after bitcoin for ladies and gentlemen).

Negativity and bearish sentiment on cryptocurrency No. 2 is pouring out of all the cracks. Funding and the total number of short positions are breaking all records. Time to buy ladies and gentlemen? The crowd (market dust) is being driven into shorts for the sake of large-capital purchases. Recently, more than 200 thousand new ETH addresses have been created. The trending super profit is actively flowing into cryptocurrency #2 in the person of JPMorgan's ETH from Bitcoin in the 100K zone.

In addition to the matrix cryptocurrency ETH, pay attention (long overdue) to its "old version" ETC and all L2 cryptocurrencies.

2月3日

註釋

03 02 2025 broke through the snot exactly to the dynamic support of the channel. The price is currently under the triangle, but is holding. The percentages and logic from the zones are the same and nothing can change.

3月3日

註釋

03 03 2025 everything is the same, the price is again at the dynamic support of the channel. Reversal zone. The percentages from the zones are the same. ETH is not interesting to anyone now.

4月7日

註釋

07 04 2025 from the reversal level of 1998.06 (27/6) and the median of the descending channel (previous update) the price fell by the specified -23.22% (2:3=666.22) to the level of 1530.72 (18/372). Thus, on the chart it was displayed as a decline to the lower part of the descending local channel. This is the next key local reversal zone.

Locally, pay attention to the red descending trend, its breakthrough and consolidation - the price movement to the upper border of the local descending channel.

To the main (unlikely) price zone of decline (the entire goal of the triangle breakthrough) I also added 2 local support levels of the set zone.

The crypto currency of the cross-border bank Jeep Morgan is still "bad" (and its entire group, where there is a recruitment and reverse news black PR).

4月7日

註釋

⏰ I also added 2 local support levels of the accumulation zone to the main (unlikely) price zone of decline (the whole purpose of the triangle breakout). You can work from them if there will be a further price decline from this reversal zone, or simply, in order not to waste time, place limit orders in front of them (optional).

🔼📉It is worth noting that the price now is the zone of maximums of the super pump of 2018 of the cycle before last. Now it is the zone of minimums. As a rule, multi-cycle assets (TOP cryptocurrency, TOP stocks) show super profit (zone of previous super maximums, and then further price growth in the next cycle) after 1 cycle.

Here is a clear example on ETH, where the super maximum of inadequate pumping, after a cycle, there is a zone of minimums, where after redistribution (change of hands, and an increase in those wishing to own the asset) the asset is gained. This is a note for those who call themselves holders or investors (hold). This does not apply to pump/dump "promising" altcoins (the only point is to sell them in the distribution and hype zone, they almost never repeat the price of their hype, that is, the entry price of the majority of "masses of investors"), but only to assets that are backed by big money and governments (oddly enough, this is less than a dozen in the entire multi-thousand menagerie).

前天

註釋

08 05 2025 🎶 An important Pectra update has occurred in the Ethereum network, which may become a catalyst for ETH price growth in the future. Perhaps the update itself, there are both designations of the trend minimum zone (time).

#Cryptocurrencies #Banks #JPMorgan

What is the meaning of the Pectra update:

1️⃣ EIP (Ethereum Improvement Proposal) A proposal to improve the Ethereum protocol. The EIP format is used to formalize changes to the network code. Each EIP is discussed, tested, and, if approved, included in the network update.

2️⃣ Increasing the #staking limit from 32 to 2048 ETH (64 times)

3️⃣ Reducing network transaction fees.

4️⃣ Introduction of smart accounts. It will be possible to perform multiple transactions simultaneously, as well as pay gas fees with other cryptocurrencies, not just ETH.

5️⃣ Increased scalability. The network will be able to process more transactions per 1/sec. This will give a greater incentive for the development of the dApps ecosystem