downside – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Mon, 08 Sep 2025 06:09:56 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 downside – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Ethereum Price Warning – Bulls Losing Grip as Downside Risks Build https://earlybirdsinvest.com/ethereum-price-warning-bulls-losing-grip-as-downside-risks-build/ https://earlybirdsinvest.com/ethereum-price-warning-bulls-losing-grip-as-downside-risks-build/#respond Mon, 08 Sep 2025 06:09:55 +0000 https://earlybirdsinvest.com/ethereum-price-warning-bulls-losing-grip-as-downside-risks-build/

Ethereum price started a fresh recovery wave above the $4,450 zone but failed. ETH is still struggling and might slide below the $4,220 zone.

  • Ethereum is still struggling to recover above the $4,400 zone.
  • The price is trading below $4,400 and the 100-hourly Simple Moving Average.
  • There is a short-term declining channel forming with resistance at $4,310 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could start a decent increase if there is a close above the $4,350 level in the near term.

Ethereum Price Remains At Risk

Ethereum price started a recovery wave after it formed a base above the $4,200 zone, like Bitcoin. ETH price was able to climb above the $4,350 and $4,400 resistance levels before the bears appeared.

The recent low was formed at $4,233 and the price is now consolidating losses. There was a minor increase above the 23.6% Fib retracement level of the recent decline from the $4,491 swing high to the $4,233 low. However, the bulls face an uphill task near $4,320.

Besides, there is a short-term declining channel forming with resistance at $4,310 on the hourly chart of ETH/USD. Ethereum price is now trading below $4,320 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,300 level.

Ethereum Price
Source: ETHUSD on TradingView.com

The next key resistance is near the $4,320 level. The first major resistance is near the $4,360 level or the 50% Fib retracement level of the recent decline from the $4,491 swing high to the $4,233 low. A clear move above the $4,360 resistance might send the price toward the $4,420 resistance. An upside break above the $4,420 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,500 resistance zone or even $4,550 in the near term.

More Downside In ETH?

If Ethereum fails to clear the $4,360 resistance, it could start a fresh decline. Initial support on the downside is near the $4,260 level. The first major support sits near the $4,220 zone.

A clear move below the $4,220 support might push the price toward the $4,200 support. Any more losses might send the price toward the $4,160 support level in the near term. The next key support sits at $4,120.

Technical Indicators

Hourly MACDThe MACD for ETH/USD is gaining momentum in the bearish zone.

Hourly RSIThe RSI for ETH/USD is now below the 50 zone.

Major Support Level – $4,220

Major Resistance Level – $4,360

]]>
https://earlybirdsinvest.com/ethereum-price-warning-bulls-losing-grip-as-downside-risks-build/feed/ 0 57348
PEPE Faces 15% Downside Risk as Trading Volumes and On-Chain Activity Plunge https://earlybirdsinvest.com/pepe-faces-15-downside-risk-as-trading-volumes-and-on-chain-activity-plunge/ https://earlybirdsinvest.com/pepe-faces-15-downside-risk-as-trading-volumes-and-on-chain-activity-plunge/#respond Thu, 04 Sep 2025 12:09:37 +0000 https://earlybirdsinvest.com/pepe-faces-15-downside-risk-as-trading-volumes-and-on-chain-activity-plunge/

Meme-inspired cryptocurrency PEPE is under pressure after slipping below a key support level, sparking warnings of a possible 15% drop.

The move comes as trading volumes fell to $980 million and open interest contracted 4% to $535 million based on CoinGlass data, signaling waning conviction among traders.

Derivatives data show long liquidations hit $326,000, far outpacing just $9,900 in shorts, based on the same data source, highlighting an imbalance that could accelerate downward momentum.

Meanwhile, activity on the PEPE network has collapsed to fewer than 3,000 daily active addresses, Glassnode data shows. That’s a sharp drop from late 2024, when a peak 27,500 addresses were active during a major price rally.

According to trader Alpha Crypto Signal, the price of PEPE could see a major breakdown and slow towards the $0.0000085 to $0.0000080 area as it comes off of a symmetrical triangle.

Meanwhile, Nansen data for the past week shows the top 100 PEPE addresses on the Ethereum blockchain added just 0.2% to their holdings, while PEPE on exchanges rose 1.13%.

Technical Analysis Overview

PEPE showed volatility during the latest trading cycle, with a 5% range between $0.000010028 at the high and $0.000009567 at the low, according to CoinDesk Research’s technical analysis data model.

A rally earlier in the week briefly pushed prices to the $0.000010000 mark on volume of 2.6 trillion tokens, but the move stalled and sellers regained control.

Since then, the token has drifted lower, testing $0.000009610, a 4% pullback from recent highs. Hourly trading also showed resistance forming near $0.000009640 despite sharp volume spikes above 89 billion, suggesting distribution rather than accumulation.

]]>
https://earlybirdsinvest.com/pepe-faces-15-downside-risk-as-trading-volumes-and-on-chain-activity-plunge/feed/ 0 56716
Bitcoin Bull Score Index Signals Fading Momentum: Room For Downside? https://earlybirdsinvest.com/bitcoin-bull-score-index-signals-fading-momentum-room-for-downside/ https://earlybirdsinvest.com/bitcoin-bull-score-index-signals-fading-momentum-room-for-downside/#respond Fri, 22 Aug 2025 16:57:48 +0000 https://earlybirdsinvest.com/bitcoin-bull-score-index-signals-fading-momentum-room-for-downside/

Bitcoin is trading at a pivotal level after losing momentum from the $120,000 zone and slipping into deeper volatility. The price is now testing the $112,000 support level, a key zone for bulls to defend in order to avoid further bearish pressure. While the broader trend remains constructive in the long term, the short-term outlook has tilted toward weakness, with momentum indicators showing a leaning toward the downside.

Related Reading

Analysts highlight this moment as a potential inflection point for the market. A strong defense of current levels could reset sentiment and allow Bitcoin to consolidate before another breakout attempt. However, failure to hold above $112K may trigger a sharper correction, opening the path toward deeper support levels.

Adding to the cautious tone, CryptoQuant’s head of research, Julio Moreno, shared new data showing that the CryptoQuant Bull Score Index has shifted into a neutral signal. This shift highlights that while selling pressure hasn’t fully taken over, the market is no longer in clear bullish territory. The coming days will be decisive in determining Bitcoin’s short-term trajectory.

Bitcoin Indicator Signals Caution

According to CryptoQuant’s head of research, Julio Moreno, Bitcoin’s Bull Score Index has shifted from a “Bullish Cooldown” phase to a “Neutral” phase. The index, which tracks overall market strength using a combination of trading flows, investor behavior, and derivatives data, declined from 70 to 50. This move signals that bullish momentum has weakened, leaving Bitcoin in a more balanced state between buyers and sellers.

Bitcoin CryptoQuant Bull Score Index | Source: Julio Moreno
Bitcoin CryptoQuant Bull Score Index | Source: Julio Moreno

Moreno noted that “for risk management purposes, further softening in the index indicates price could go lower.” This means that while the neutral zone doesn’t yet imply a confirmed downtrend, any additional deterioration could increase the probability of deeper corrections. Traders are therefore closely watching upcoming sessions, as price action around the $112K–$115K support zone will be critical in shaping short-term direction.

The broader context remains constructive. Bitcoin has been in a steady uptrend since 2023, a cycle that has already delivered massive gains and propelled the asset to new all-time highs above $124K earlier this month. Many analysts argue that the market is now in the final phase of this bull run, where volatility typically rises and investor sentiment becomes divided between expectations of continuation and warnings of exhaustion.

As the month comes to an end, global macroeconomic factors—including interest rate policies, institutional inflows, and liquidity conditions—will play a decisive role. If Bitcoin holds its support and fundamentals remain strong, this neutral phase may simply represent a healthy pause before the next upward move. Conversely, if weakness persists, the market could be signaling the start of a deeper consolidation phase.

Related Reading

Price Action: Testing critical Support Level

Bitcoin is currently trading around $112,837, after a sharp decline from its all-time high near $123,217. The daily chart shows that BTC has slipped below the 50-day SMA ($116,158) and is now testing the 100-day SMA ($111,224) as support. This level has become a crucial line of defense for bulls.

BTC testing pivotal level | Source: BTCUSDT chart on TradingView
BTC testing pivotal level | Source: BTCUSDT chart on TradingView

The rejection from the $123K region highlights strong resistance overhead, which has led to several failed breakout attempts. The structure suggests that BTC has entered a consolidation phase, with the $111K–$116K zone serving as the immediate range. A decisive breakdown below $111K could open the way toward the 200-day SMA ($100,597), a level many analysts see as the final support for this cycle’s uptrend.

Related Reading

Momentum indicators also align with weakening bullish pressure, as recent candles show lower highs and lower lows. However, holding above the 100-day moving average would strengthen the bull case, potentially setting up a rebound toward $118K and eventually retesting $123K.

Featured image from Dall-E, chart from TradingView

]]>
https://earlybirdsinvest.com/bitcoin-bull-score-index-signals-fading-momentum-room-for-downside/feed/ 0 54584
Ethereum Price Slips on Profit-Taking – Limited Downside as Whale Demand Holds https://earlybirdsinvest.com/ethereum-price-slips-on-profit-taking-limited-downside-as-whale-demand-holds/ https://earlybirdsinvest.com/ethereum-price-slips-on-profit-taking-limited-downside-as-whale-demand-holds/#respond Thu, 24 Jul 2025 06:48:48 +0000 https://earlybirdsinvest.com/ethereum-price-slips-on-profit-taking-limited-downside-as-whale-demand-holds/

Ethereum price started a downside correction from the $3,850 zone. ETH is now moving lower but might find bids near the $3,520 support zone.

  • Ethereum started a downside correction below the $3,770 level.
  • The price is trading below $3,680 and the 100-hourly Simple Moving Average.
  • There is a key bearish trend line forming with resistance at $3,670 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could start a fresh increase if it remains supported above the $3,550 zone in the near term.

Ethereum Price Holds Support

Ethereum price failed to extend gains above the $3,850 level and started a downside correction, like Bitcoin. ETH price traded below the $3,800 and $3,770 support levels.

There was a move below the 50% Fib retracement level of the upward move from the $3,480 swing low to the $3,859 high. The decline was such that the price even dived below the $3,660 level and the 100-hourly Simple Moving Average.

However, the bulls were active near the 76.4% Fib retracement level of the upward move from the $3,480 swing low to the $3,859 high. Ethereum price is now trading below $3,680 and the 100-hourly Simple Moving Average.

On the upside, the price could face resistance near the $3,670 level. There is also a key bearish trend line forming with resistance at $3,670 on the hourly chart of ETH/USD. The next key resistance is near the $3,770 level. The first major resistance is near the $3,800 level. A clear move above the $3,800 resistance might send the price toward the $3,850 resistance.

Ethereum Price
Source: ETHUSD on TradingView.com

An upside break above the $3,850 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,000 resistance zone or even $4,200 in the near term.

Another Decline In ETH?

If Ethereum fails to clear the $3,670 resistance, it could start a downside correction. Initial support on the downside is near the $3,600 level. The first major support sits near the $3,570 zone.

A clear move below the $3,570 support might push the price toward the $3,520 support. Any more losses might send the price toward the $3,450 support level in the near term. The next key support sits at $3,320.

Technical Indicators

Hourly MACDThe MACD for ETH/USD is losing momentum in the bearish zone.

Hourly RSIThe RSI for ETH/USD is now below the 50 zone.

Major Support Level – $3,520

Major Resistance Level – $3,670

]]>
https://earlybirdsinvest.com/ethereum-price-slips-on-profit-taking-limited-downside-as-whale-demand-holds/feed/ 0 49362
Trader Predicts Marketwide Crypto Pullback, Lists Five Altcoins To Watch Along With Downside Price Targets https://earlybirdsinvest.com/trader-predicts-marketwide-crypto-pullback-lists-five-altcoins-to-watch-along-with-downside-price-targets/ https://earlybirdsinvest.com/trader-predicts-marketwide-crypto-pullback-lists-five-altcoins-to-watch-along-with-downside-price-targets/#respond Wed, 30 Apr 2025 02:36:44 +0000 https://earlybirdsinvest.com/trader-predicts-marketwide-crypto-pullback-lists-five-altcoins-to-watch-along-with-downside-price-targets/

A closely followed analyst believes that the crypto markets are primed for a corrective move following strong rallies over the past couple of weeks.

Pseudonymous analyst Altcoin Sherpa tells his 245,200 followers on the social media platform X that he thinks “a dip is going to come soon,” but he doesn’t see any reason to be super bearish once the correction takes place.

According to the analyst, a correction should provide an opportunity for investors to enter the crypto market before another leg up.

Should a marketwide pullback materialize, Altcoin Sherpa says he plans to accumulate five altcoins.

“Coins I want to buy:

BONK ($0.00001600s)
Fartcoin ($0.85)
POPCAT ($0.33)
HYPE ($15-$16s)
GUN ($0.055s)

Loads of others too, but those are on my short list for now.” 

Looking closer at the memecoin Fartcoin, the trader notes that FART needs to stay above $1.05 to witness new rallies. Otherwise, he thinks the altcoin could fall to as low as $0.8.

“Fartcoin: wouldn’t be surprised to see this pullback a little bit here, but don’t forget that hot air rises in the end.

Three different scenarios, all mostly dependent on BTC, frankly. I think this just continues up.” 

Image
Source: Altcoin Sherpa/X

Based on the trader’s chart, he seems to suggest that FART can rally to as high as $1.40. At time of writing, FART is worth $1.09.

Turning to fellow memecoin Bonk (BONK), Altcoin Sherpa thinks that the altcoin looks really strong.

“The chart itself still looks fire.” 

Image
Source: Altcoin Sherpa/X

At time of writing, BONK is trading for $0.00002, up over 10% on the day.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

]]>
https://earlybirdsinvest.com/trader-predicts-marketwide-crypto-pullback-lists-five-altcoins-to-watch-along-with-downside-price-targets/feed/ 0 33544
Trader Unveils Massive Downside Target for Bitcoin, Calls for Multi-Month BTC Bear Market – Here’s His Outlook https://earlybirdsinvest.com/trader-unveils-massive-downside-target-for-bitcoin-calls-for-multi-month-btc-bear-market-heres-his-outlook/ https://earlybirdsinvest.com/trader-unveils-massive-downside-target-for-bitcoin-calls-for-multi-month-btc-bear-market-heres-his-outlook/#respond Tue, 08 Apr 2025 07:57:10 +0000 https://earlybirdsinvest.com/trader-unveils-massive-downside-target-for-bitcoin-calls-for-multi-month-btc-bear-market-heres-his-outlook/

A trader who nailed the Bitcoin market top earlier this year believes BTC will witness a period of falling prices in the coming months.

Pseudonymous analyst Bluntz tells his 318,000 followers on the social media platform X that he thinks Bitcoin is already in a bear market that will last about two years.

The trader shares a chart suggesting that he arrived at that time frame by measuring the length of the most recent Bitcoin bull market, which he says lasted from December 2022 to January 2025.

“Time-wise will probably last into 2027 in my opinion, give or take 25%.”

Image
Source: Bluntz/X

He also predicts that during the period of a sustained downtrend, Bitcoin may lose up to 55% of its current value before hitting a bear market bottom.

When asked about his downside price target for BTC, Bluntz replied,

“$36,000.”

At time of writing, Bitcoin is trading for $80,296.

While Bluntz is bearish on Bitcoin, he says one precious metal is about to start a bull run. Looking at the two-week chart of gold versus silver (XAUUSD/XAGUSD), the analyst thinks the pair has printed a major lower high after completing an ABC rally.

“Time to pay attention to silver, in my opinion… Finally.”

Image
Source: Bluntz/X

Bluntz practices the Elliott Wave theory, which states that a bullish asset tends to witness a five-wave downtrend after concluding an ABC rally. A bearish gold-versus-silver chart suggests that silver is about to outperform gold.

Last week, gold printed a fresh all-time high at $3,167 per ounce.

At time of writing, silver is trading for $30 per ounce.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: DALLE3

]]>
https://earlybirdsinvest.com/trader-unveils-massive-downside-target-for-bitcoin-calls-for-multi-month-btc-bear-market-heres-his-outlook/feed/ 0 29655
Crypto Trader Warns of Potential 33% Dogecoin Drop, Unveils Downside Price Target for Ethereum https://earlybirdsinvest.com/crypto-trader-warns-of-potential-33-dogecoin-drop-unveils-downside-price-target-for-ethereum/ https://earlybirdsinvest.com/crypto-trader-warns-of-potential-33-dogecoin-drop-unveils-downside-price-target-for-ethereum/#respond Tue, 01 Apr 2025 01:15:12 +0000 https://earlybirdsinvest.com/crypto-trader-warns-of-potential-33-dogecoin-drop-unveils-downside-price-target-for-ethereum/

A closely followed crypto strategist is warning that top memecoin Dogecoin (DOGE) is at risk of heading to much lower levels amid the marketwide correction.

Pseudonymous analyst Cheds tells his 353,200 followers on the social media platform X that he thinks DOGE could witness a 33% corrective move if it loses a key support area.

“DOGE $0.11-$0.12 range incoming. Mark $0.16.”

In a strategy session, Cheds explains why he thinks DOGE could tumble before potentially bottoming out.

“There’s no reason to get excited [about DOGE]. It’s a bad chart. It looks like [$0.11] is going to come and test lower. [DOGE has] a really strong descending supply trend.”

Source: Cheds/YouTube

At time of writing, DOGE is trading for $0.166.

Turning to Ethereum (ETH), the crypto strategist believes that the native asset of the top smart contract protocol is headed toward its high time frame support at around $1,000.

“ETH now $1,840 from $3,400 below. Probably worth a sniff when it tags the $1,200-$1,300 range.”

Image
Source: Cheds/X

At time of writing, ETH is worth $1,808.

Looking at the payments altcoin XRP, Cheds says that bulls have the upper hand as long as the coin is trading above $2. But he also says that holders should consider paring back risk if XRP moves below the key price level.

At time of writing, XRP is worth $2.12.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Ruslan__Grebeshkov/Viaire

]]>
https://earlybirdsinvest.com/crypto-trader-warns-of-potential-33-dogecoin-drop-unveils-downside-price-target-for-ethereum/feed/ 0 28312
Ethereum Fails To Break $2,100 Resistance – Growing Downside Risk? https://earlybirdsinvest.com/ethereum-fails-to-break-2100-resistance-growing-downside-risk/ https://earlybirdsinvest.com/ethereum-fails-to-break-2100-resistance-growing-downside-risk/#respond Fri, 28 Mar 2025 14:23:10 +0000 https://earlybirdsinvest.com/ethereum-fails-to-break-2100-resistance-growing-downside-risk/

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Este artículo también está disponible en español.

Ethereum has lost its grip on the key $2,000 level, reigniting fears of a deeper correction as selling pressure returns to the market. Since March 19, ETH has managed to hold above $1,930, but recent weakness has pushed the price dangerously close to breaking below the $1,900 mark. The drop has added fuel to bearish speculation, with traders and analysts now questioning whether a larger pullback is underway.

Related Reading

The inability to hold above psychological support levels has weighed heavily on sentiment, especially as broader market volatility continues to grow. Top analyst Carl Runefelt shared his outlook on Ethereum’s current structure, noting that the asset has repeatedly failed to overcome resistance at $2,100 — a level that now acts as a firm ceiling for bullish momentum. According to Runefelt, this repeated rejection suggests Ethereum could be in serious trouble if buyers don’t step in soon.

With momentum fading and no clear catalyst in sight, Ethereum risks slipping further if $1,900 fails to hold. Traders are watching closely for signs of a reversal, but for now, the path of least resistance appears to be downward. ETH must regain lost levels quickly to avoid confirming a broader bearish trend.

Bulls Face Key Test As Resistance Weighs on Price Action

Ethereum is under pressure as the broader crypto market faces one of its most crucial tests in months. With macroeconomic uncertainty mounting and fears of a potential recession in the United States, risk assets across the board are struggling to gain traction — and Ethereum is no exception. The current market environment remains hostile, with inflation concerns, unstable monetary policy, and global trade tensions shaking investor confidence.

ETH’s price action has been particularly underwhelming. Despite widespread expectations that Ethereum would lead a strong rally in early 2025, the asset has failed to meet bullish projections. Instead of gaining ground, ETH has stalled and is now struggling to hold support levels amid growing selling pressure.

Runefelt’s bearish outlook suggests that Ethereum has repeatedly failed to break through the $2,100 resistance level. According to Runefelt, this resistance zone is critical — and Ethereum’s inability to overcome it could be a sign of deeper weakness ahead. He warns that if Bitcoin experiences a breakdown, Ethereum could follow and potentially retest the wick near $1,750, which marked a local low during a previous correction.

Ethereum facing selling pressure below $2,100 | Source: Carl Runefelt on X
Ethereum is facing selling pressure below $2,100 | Source: Carl Runefelt on X

With momentum fading and no clear bullish catalyst in sight, Ethereum’s price structure remains fragile. Unless bulls reclaim key levels soon, ETH could face a deeper retrace, especially if broader market sentiment continues to deteriorate.

Traders are closely watching Bitcoin and macroeconomic developments for cues, knowing that a decisive move in either direction could shape Ethereum’s next major trend. For now, the pressure is on — and Ethereum’s resilience is about to be tested.

Related Reading

ETH Bulls Struggle to Hold Key Support

Ethereum (ETH) is currently trading at $1,910 after failing to hold above the critical $2,000 level, a psychological and technical barrier that has now flipped into resistance. The breakdown has weakened short-term momentum and left bulls in a defensive position as selling pressure continues to mount.

ETH trading below $2,000 | Source: ETHUSDT chart on TradingView
ETH trading below $2,000 | Source: ETHUSDT chart on TradingView

At this stage, the $1,880 level has emerged as a key support zone that bulls must defend to avoid a deeper correction. Holding this level could allow for a consolidation phase and give Ethereum a chance to stabilize before attempting another push higher. However, if ETH loses $1,880, it could spark a wave of aggressive selling, triggering a continuation of the current downtrend and potentially pushing the price toward the $1,750 range.

Related Reading

To regain control of the trend, bulls must reclaim the $2,000 mark as soon as possible. A decisive move back above this level would signal renewed strength and could open the door for a rebound toward higher resistance zones. Until then, Ethereum remains in a fragile position, with the risk of further downside growing as macroeconomic pressure and technical weakness continue to weigh on price action.

Featured image from Dall-E, chart from TradingView 

]]>
https://earlybirdsinvest.com/ethereum-fails-to-break-2100-resistance-growing-downside-risk/feed/ 0 27698
Bitcoin Correction to $76,000 Likely a Downside Deviation, According to Crypto Analyst – Here’s Why https://earlybirdsinvest.com/bitcoin-correction-to-76000-likely-a-downside-deviation-according-to-crypto-analyst-heres-why/ https://earlybirdsinvest.com/bitcoin-correction-to-76000-likely-a-downside-deviation-according-to-crypto-analyst-heres-why/#respond Wed, 26 Mar 2025 00:24:52 +0000 https://earlybirdsinvest.com/bitcoin-correction-to-76000-likely-a-downside-deviation-according-to-crypto-analyst-heres-why/

An analyst who accurately called Bitcoin’s correction in early 2024 believes BTC remains in a bull market after bouncing from a 2025 low of $76,000.

Pseudonymous analyst Rekt Capital tells his 542,00 followers on the social media platform X that Bitcoin’s current bull market cycle has yet to reach a peak.

“BTC bull market progress: 82.5%. (Progress will speed up on parabolic advances and slow down on deeper retraces).”

Image
Source: Rekt Capital/X

The analyst also tells his 107,000 YouTube subscribers that Bitcoin’s latest correction to $76,000 is not the sign of a beginning bear market based on historical precedence.

“Many people have been talking about this being a bear market, but it does look like it is a downside deviation period very similar to what we’ve seen back in the past. Obviously, these downside deviation periods are changing across time, but it’s really important to look at the charts in a level-headed manner and try and look at it in an unbiased way and not scream bear market whenever we see a pullback that is actually very similar to the one we saw here [in 2024].

This was a 32% pullback [in 2024]. This is a 30% pullback [when Bitcoin corrected to the $76,000 range this month], so very similar downside deviation in that regard, but really important to keep level-headed and look at the data, look at the chart, and zoom out when in doubt.”

Source: Rekt Capital/YouTube

In technical analysis, a downside deviation is a setup where an asset breaks its immediate support to print a false breakdown before igniting a recovery and rallying to new highs.

Bitcoin is trading for $88,028 at time of writing, up 3.4% in the last 24 hours.

 

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

]]>
https://earlybirdsinvest.com/bitcoin-correction-to-76000-likely-a-downside-deviation-according-to-crypto-analyst-heres-why/feed/ 0 27220
Analyst Jason Pizzino Issues Ethereum Alert, Says ETH Looking Very Weak – Here Are His Downside Targets https://earlybirdsinvest.com/analyst-jason-pizzino-issues-ethereum-alert-says-eth-looking-very-weak-here-are-his-downside-targets/ https://earlybirdsinvest.com/analyst-jason-pizzino-issues-ethereum-alert-says-eth-looking-very-weak-here-are-his-downside-targets/#respond Thu, 06 Mar 2025 12:21:27 +0000 https://earlybirdsinvest.com/analyst-jason-pizzino-issues-ethereum-alert-says-eth-looking-very-weak-here-are-his-downside-targets/

Cryptocurrency analyst and trader Jason Pizzino is warning that Ethereum (ETH) may plummet in value for one main reason.

In a new video, Pizzino tells his 349,000 YouTube subscribers that ETH may decline by more than 47% of its current value after the top altcoin may have formed a bearish double-top pattern on the weekly chart.

A double-top pattern is considered a bearish indicator by technical analysts and suggests that bulls lack the strength to push the price of the crypto asset to greater heights.

“It’s really looking very, very weak here and like it wants to continue to fill in the gap of this price range, somewhere between $1,600-$1,700 and basically where it is now, around $2,100. So if you start to see a breakdown of these lows, probably going to come back and test this range, if not the range lower there, at $1,500 to $1,600. So really not great stuff there for ETH.

And I’ve mentioned before these two other price targets, $1,300 and $1,200, $1,166 – that’s basically your 150% off the double top, which I’ve shown [has happened] many, many times across multiple different assets: Bitcoin, it’s happened on the S&P 500, it’s happened on stocks. It’s happened on basically everything.”

Source: Jason Pizzino/YouTube

ETH is trading for $2,231 at time of writing, up 2.4% in the last 24 hours.

 

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

]]>
https://earlybirdsinvest.com/analyst-jason-pizzino-issues-ethereum-alert-says-eth-looking-very-weak-here-are-his-downside-targets/feed/ 0 23575