Upsurge – Earlybirds Invest

Upsurge – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Mon, 16 Jun 2025 19:26:18 +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 Upsurge – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Ethereum Eye Potential Parabolic Upsurge – Here’s The Short-Term Target https://earlybirdsinvest.com/ethereum-eye-potential-parabolic-upsurge-heres-the-short-term-target/ https://earlybirdsinvest.com/ethereum-eye-potential-parabolic-upsurge-heres-the-short-term-target/#respond Mon, 16 Jun 2025 19:26:18 +0000 https://earlybirdsinvest.com/ethereum-eye-potential-parabolic-upsurge-heres-the-short-term-target/

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With the growing bullish sentiment across the general crypto market, Ethereum is now seeing a renewed uptrend, pushing the digital asset to break above the key $2,600 resistance level. Beneath the ongoing positive price performance, a crypto analyst has underlined the potential for ETH to witness a robust rally in the upcoming weeks.

Wild Surge May Be Imminent For Ethereum

Since retesting the $2,850 range, Ethereum’s price has fallen sharply toward key support zones. ETH may have faced bearish pressure after hitting the level, but a recent analysis from BATMAN, a crypto expert and trader, implies that this stage might just be the calm before the storm.

BATMAN’s analysis contends that Ethereum seems poised for an explosive move, with several technical indicators and key patterns pointing to the possibility of an impending wild upswing. Despite its pullback, ETH remains one of the best-performing crypto assets in the last few months, which strengthens its case for an incoming parabolic run.

After examining ETH’s price action, the analyst is confident and expects the altcoin to bounce strongly from its current levels. His chart shows that Ethereum is building momentum above $2,471, which is currently the most immediate support against downward attempts.

Furthermore, BATMAN highlighted that the altcoin is consistently forming higher lows as it targets key resistance levels. While the expert highlights several resistance levels ahead, he underlined the $2,900 mark as the next target for ETH in the short term. However, ETH’s path to this range is not without hurdles.

Looking at the chart, the first resistance ahead is at $2,657, the second is at $2,773, and the third is at $2,879. Following its rally to the first resistance, Ethereum is expected to witness a brief pullback before surging again toward the next resistance zone at $2,773. A similar scenario is likely to occur when Ethereum hits the second resistance before rallying to the third barrier and beyond.

The current setup and trend line support add to Ethereum’s bullish case for an explosive rally. BATMAN believes that the $4,000 price mark is not far away if the structure and trend line support hold.

Are ETH Sharks And Whales Positioning For A Rally?

ETH’s recent waning price action has not influenced key investors’ sentiment toward the altcoin. A report from Santiment, a leading on-chain analytics platform, shows that Ethereum’s key investors, particularly the sharks and whales, are quietly ramping up their accumulation.

This persistent accumulation is identified among wallet addresses holding between 100 and 1,000 ETH. Such a development among this cohort signals growing conviction in ETH’s long-term prospects. Although the altcoin gears up for a rally, this action may suggest strategic positioning by these investors.

Data from Santiment reveals that the number of these holders now stands at 6,392. Over the past 30 days, the group has accumulated more than 1.49 million ETH, marking an increase of over 3.72%. After this massive accumulation, this cohort now holds 26.98% of ETH’s total supply.

Featured image from Pixabay, chart from Tradingview.com

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Bitcoin’s Path To New Highs Still On Track? Analyst Claims BTC’s Upsurge Hinges On This Key Level https://earlybirdsinvest.com/bitcoins-path-to-new-highs-still-on-track-analyst-claims-btcs-upsurge-hinges-on-this-key-level/ https://earlybirdsinvest.com/bitcoins-path-to-new-highs-still-on-track-analyst-claims-btcs-upsurge-hinges-on-this-key-level/#respond Mon, 17 Feb 2025 18:06:53 +0000 https://earlybirdsinvest.com/bitcoins-path-to-new-highs-still-on-track-analyst-claims-btcs-upsurge-hinges-on-this-key-level/

The current bearish phase of the crypto market has continued, with Bitcoin, the largest digital asset struggling to reclaim key levels such as the pivotal $100,000 mark. While the community anticipates another rally for BTC, analysts point to areas that are crucial and may spur an upsurge for the asset to new highs.

Key Level Stands Between Bitcoin’s Next Rally

After reaching a new all-time high last month, Bitcoin has been faced with bearish pressure, which has hindered the asset from revisiting the level. However, market expert and investor Mags highlights that a crucial barrier point that traders are keeping a careful eye on will determine whether BTC will reclaim its current peak or rise to fresh all-time highs.

Specifically, the critical resistance level pointed out by the market expert is the $99,500 range. Even with the recent slight bullish momentum, Bitcoin needs to recover and stay above the key level to confirm a breakthrough and sustain an upward movement.

Delving into BTC’s recent price action, Mags stated that its price has been maintaining sideways movements for the past few days. It is also trading below a mid-range as seen in the chart shared by the analyst.

Bitcoin — BTC’s move to a new all-time high on the horizon | Source: Mags on X

According to Mags, BTC has already been tested with a fast wick at the low range. On the other hand, the expert anticipates a proper retest prior to the next top move for Bitcoin. As a result, he believes that a price flip of $99,500 is vital for BTC upswing to a higher level.

While Mags looks forward to a BTC rally, he noted that sideways movements are likely to last a little longer before the subsequent move up, which should be the last push for the asset. With the current bearish pressure, BTC’s failure to break through and hold this level could lead to an extended consolidation or notable pullbacks in the short term.

Looking at Mags’ chart, the anticipated breakout is capable of triggering a massive bullish wave to as high as nearly the $130,000 mark. A move to the range will confirm its potential to target higher price levels before the ongoing bull market cycle comes to an end.

BTC’s Market Top Could Be Happening Anytime Soon

Mags hints at this ongoing cycle coming to an end soon and BTC achieving its market park in the upcoming months. Bitcoin’s peak has historically occurred about 233 to 330 days after surpassing its previous all-time high.

Considering past cycles, BTC seems capable of experiencing growth despite waning conditions. Furthermore, the expert has pinpointed Bitcoin’s market top between the third and fourth quarters of this year.

His chart shows that BTC’s may peak at around $350,000 in the coming months. The asset recently underwent a price breakout, which may have set the stage for a path to a new all-time high and market top.

Featured image from Unsplash, chart from Tradingview.com

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