#ETH Market Analysis
ETH is at 2,464.49 on the 4h, cooling off from the 2,520 highs after a massive breakout from the multi week triangle, still holding well above the breakout zone near 1,920.
Bull case: hold above 2,440 and resume the push toward fresh highs above 2,520.
Bear case: fade back below 2,360, pulling price back toward the breakout zone near 1,920.
Consolidating before the next leg up, or is this move due for a deeper pullback?
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Bitcoin Bullets® Trading
ETH is at 2,464.49 on the 4h, cooling off from the 2,520 highs after a massive breakout from the multi week triangle, still holding well above the breakout zone near 1,920.
Bull case: hold above 2,440 and resume the push toward fresh highs above 2,520.
Bear case: fade back below 2,360, pulling price back toward the breakout zone near 1,920.
Consolidating before the next leg up, or is this move due for a deeper pullback?
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Bitcoin Bullets® Trading
#ETH Market Analysis
ETH is at 2,435.17 on the daily, cooling off after a sharp breakout from the August triangle near 1,890, still holding well above the pattern with the longer term descending trendline from November now just overhead near 2,600.
Bull case: hold above 2,250 and clear the descending trendline near 2,600, opening a path back toward 3,000.
Bear case: fade back below 2,010, giving back the recent breakout gains.
Breakout continues toward the trendline, or does it fade from here?
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Bitcoin Bullets® Trading
ETH is at 2,435.17 on the daily, cooling off after a sharp breakout from the August triangle near 1,890, still holding well above the pattern with the longer term descending trendline from November now just overhead near 2,600.
Bull case: hold above 2,250 and clear the descending trendline near 2,600, opening a path back toward 3,000.
Bear case: fade back below 2,010, giving back the recent breakout gains.
Breakout continues toward the trendline, or does it fade from here?
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Bitcoin Bullets® Trading
#ETH Market Analysis
ETH is at 2,468.18 on the daily, pressing right into the year long descending trendline from the November highs, with a sharp rising trendline off the July lows now backing the move.
Bull case: clear 2,600 and break the descending trendline, opening a path back toward 3,000 and beyond.
Bear case: reject here and fall back toward 2,050, testing the steeper rising trendline.
Year long downtrend finally breaks, or another rejection at resistance?
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Bitcoin Bullets® Trading
ETH is at 2,468.18 on the daily, pressing right into the year long descending trendline from the November highs, with a sharp rising trendline off the July lows now backing the move.
Bull case: clear 2,600 and break the descending trendline, opening a path back toward 3,000 and beyond.
Bear case: reject here and fall back toward 2,050, testing the steeper rising trendline.
Year long downtrend finally breaks, or another rejection at resistance?
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Bitcoin Bullets® Trading
#ETH Market Analysis
ETH is at 2,454.79 on the 8h, pressing right into the descending trendline from the April highs after a massive breakout run off the ascending trendline from late June.
Bull case: clear 2,480 and break the year long resistance trendline, opening a path toward fresh highs.
Bear case: reject here and fade back toward the rising trendline near 1,940.
Major trendline finally breaks, or another rejection at resistance?
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Bitcoin Bullets® Trading
ETH is at 2,454.79 on the 8h, pressing right into the descending trendline from the April highs after a massive breakout run off the ascending trendline from late June.
Bull case: clear 2,480 and break the year long resistance trendline, opening a path toward fresh highs.
Bear case: reject here and fade back toward the rising trendline near 1,940.
Major trendline finally breaks, or another rejection at resistance?
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Bitcoin Bullets® Trading
#ETH Market Analysis
ETH is at 2,500.42 on the 4h, pressing right into the intersection of the ascending trendline from mid August and the horizontal resistance near 2,400 that's held since late August.
Bull case: clear 2,540 and confirm the breakout, opening a path back toward 2,620.
Bear case: lose the trendline near 2,460, exposing a slide back toward 2,380.
Trendline and resistance confluence breaks up, or does it reject here?
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Bitcoin Bullets® Trading
ETH is at 2,500.42 on the 4h, pressing right into the intersection of the ascending trendline from mid August and the horizontal resistance near 2,400 that's held since late August.
Bull case: clear 2,540 and confirm the breakout, opening a path back toward 2,620.
Bear case: lose the trendline near 2,460, exposing a slide back toward 2,380.
Trendline and resistance confluence breaks up, or does it reject here?
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Bitcoin Bullets® Trading
#ETH/BTC Market Analysis
ETH/BTC is at 0.03169 on the 8h, pulling back from the 0.03270 highs and landing right on the multi month ascending trendline dating back to late June.
Bull case: hold the trendline and reclaim 0.03200, opening a path back toward 0.03270.
Bear case: lose the trendline near 0.03150, exposing a slide back toward 0.03050.
Trendline holds, or does ETH give back its outperformance against BTC?
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Bitcoin Bullets® Trading
ETH/BTC is at 0.03169 on the 8h, pulling back from the 0.03270 highs and landing right on the multi month ascending trendline dating back to late June.
Bull case: hold the trendline and reclaim 0.03200, opening a path back toward 0.03270.
Bear case: lose the trendline near 0.03150, exposing a slide back toward 0.03050.
Trendline holds, or does ETH give back its outperformance against BTC?
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Bitcoin Bullets® Trading
#ETH Market Analysis
ETH is up over 7% today at 2,645.86 on the 8h, pushing to fresh highs and clearing the entire post breakout range that held since the September gap, with the year long descending trendline from April now decisively broken.
Bull case: hold above 2,600 and continue the push toward fresh highs beyond 2,645.
Bear case: fade back below 2,500, pulling price back toward the breakout zone near 2,400.
Explosive move continues, or is this the top of the run for now?
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Bitcoin Bullets® Trading
ETH is up over 7% today at 2,645.86 on the 8h, pushing to fresh highs and clearing the entire post breakout range that held since the September gap, with the year long descending trendline from April now decisively broken.
Bull case: hold above 2,600 and continue the push toward fresh highs beyond 2,645.
Bear case: fade back below 2,500, pulling price back toward the breakout zone near 2,400.
Explosive move continues, or is this the top of the run for now?
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Bitcoin Bullets® Trading
#ETH Market Analysis
ETH is at 2,693.23 on the 8h, consolidating just under the 2,800 highs after a strong run, still riding well above the multi month ascending trendline from mid August.
Bull case: hold above 2,600 and resume the push toward fresh highs above 2,800.
Bear case: lose 2,600 and correct back toward the trendline near 2,280.
Consolidation before the next leg up, or does the pullback deepen?
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Bitcoin Bullets® Trading
ETH is at 2,693.23 on the 8h, consolidating just under the 2,800 highs after a strong run, still riding well above the multi month ascending trendline from mid August.
Bull case: hold above 2,600 and resume the push toward fresh highs above 2,800.
Bear case: lose 2,600 and correct back toward the trendline near 2,280.
Consolidation before the next leg up, or does the pullback deepen?
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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
#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
#ETH Market Analysis
ETH is at 2,490.70 on the daily, pulling back hard after a rejection at the rising resistance trendline from March near 2,780. Price is now back inside the 2,380 to 2,580 range that held from late August through September.
Bull case: hold 2,400 and reclaim 2,600, opening a path back toward 2,700 and the trendline resistance.
Bear case: lose 2,380 and break the range, exposing the rising trendline from the June lows near 2,200.
Range support holds, or a full retest of the trendline?
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Bitcoin Bullets® Trading
ETH is at 2,490.70 on the daily, pulling back hard after a rejection at the rising resistance trendline from March near 2,780. Price is now back inside the 2,380 to 2,580 range that held from late August through September.
Bull case: hold 2,400 and reclaim 2,600, opening a path back toward 2,700 and the trendline resistance.
Bear case: lose 2,380 and break the range, exposing the rising trendline from the June lows near 2,200.
Range support holds, or a full retest of the trendline?
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Bitcoin Bullets® Trading
#ETH/BTC Market Analysis
ETH/BTC is at 0.03021 on the daily. A sharp drop out of the 0.0310 to 0.0325 range put price right where two rising trendlines meet near 0.0300: one from the June lows and one from the mid July lows.
Bull case: hold 0.0300 and reclaim 0.0310, opening a path back toward 0.0320.
Bear case: lose 0.0298 and break both trendlines, exposing 0.0290 and the 0.0285 zone below.
Double trendline support holds, or does ETH lose ground to BTC?
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Bitcoin Bullets® Trading
ETH/BTC is at 0.03021 on the daily. A sharp drop out of the 0.0310 to 0.0325 range put price right where two rising trendlines meet near 0.0300: one from the June lows and one from the mid July lows.
Bull case: hold 0.0300 and reclaim 0.0310, opening a path back toward 0.0320.
Bear case: lose 0.0298 and break both trendlines, exposing 0.0290 and the 0.0285 zone below.
Double trendline support holds, or does ETH lose ground to BTC?
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Bitcoin Bullets® Trading
#ETH Market Analysis
ETH is at 2,519.41 on the daily, recovering after the flush toward 2,400 found buyers right at the base of the September range. The rising trendline from the late June lows is now closing in from below near 2,380.
Bull case: reclaim 2,550 and push toward 2,650, opening a path back to the 2,750 highs and the trendline resistance from March.
Bear case: lose 2,470 and fade back toward 2,400, with the rising trendline near 2,380 as the last line of support.
Range low holds and the push resumes, or one more test of the trendline?
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Bitcoin Bullets® Trading
ETH is at 2,519.41 on the daily, recovering after the flush toward 2,400 found buyers right at the base of the September range. The rising trendline from the late June lows is now closing in from below near 2,380.
Bull case: reclaim 2,550 and push toward 2,650, opening a path back to the 2,750 highs and the trendline resistance from March.
Bear case: lose 2,470 and fade back toward 2,400, with the rising trendline near 2,380 as the last line of support.
Range low holds and the push resumes, or one more test of the trendline?
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Bitcoin Bullets® Trading
#ETH Market Analysis
ETH is at 2,408.44 on the weekly, pulling back from the 2,800 highs into the 2,300 to 2,420 zone it broke out of in August. That breakout came after a falling wedge from the 2025 highs broke to the upside, with the lower trendline of the multi year channel from the 2022 lows holding near 1,550 in June.
Bull case: hold the 2,300 zone as support and reclaim 2,750, opening a path toward 3,150 and the 3,550 zone.
Bear case: lose 2,300 on a weekly close, exposing 2,150 and the 1,950 wedge breakout area.
Textbook retest before the next leg up, or is the breakout failing?
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Bitcoin Bullets® Trading
ETH is at 2,408.44 on the weekly, pulling back from the 2,800 highs into the 2,300 to 2,420 zone it broke out of in August. That breakout came after a falling wedge from the 2025 highs broke to the upside, with the lower trendline of the multi year channel from the 2022 lows holding near 1,550 in June.
Bull case: hold the 2,300 zone as support and reclaim 2,750, opening a path toward 3,150 and the 3,550 zone.
Bear case: lose 2,300 on a weekly close, exposing 2,150 and the 1,950 wedge breakout area.
Textbook retest before the next leg up, or is the breakout failing?
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Bitcoin Bullets® Trading
#ETH/BTC Market Analysis
ETH/BTC is at 0.02956 on the daily. After sliding from the 0.0325 range, it’s now holding the rising trendline from the June lows near 0.0292, where several wicks below the line have been bought straight back up. Price is sitting right on the August base that launched the big breakout.
Bull case: hold the trendline and reclaim 0.0300, opening a path back toward 0.0305 and the 0.0315 zone.
Bear case: lose 0.0290 on a daily close and break the trendline, exposing 0.0284 and the 0.0278 July base.
ETH finds its floor against BTC, or does the trendline finally snap?
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Bitcoin Bullets® Trading
ETH/BTC is at 0.02956 on the daily. After sliding from the 0.0325 range, it’s now holding the rising trendline from the June lows near 0.0292, where several wicks below the line have been bought straight back up. Price is sitting right on the August base that launched the big breakout.
Bull case: hold the trendline and reclaim 0.0300, opening a path back toward 0.0305 and the 0.0315 zone.
Bear case: lose 0.0290 on a daily close and break the trendline, exposing 0.0284 and the 0.0278 July base.
ETH finds its floor against BTC, or does the trendline finally snap?
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Bitcoin Bullets® Trading
#ETH/BTC Market Analysis
ETH/BTC is at 0.02933 on the daily, pinned right on the rising trendline from the June lows. A string of lower highs since early October has pushed price into the line, and the room to bounce is running out fast.
Bull case: hold the trendline and reclaim 0.0297, opening a path back toward 0.0301 and the 0.0310 zone.
Bear case: lose 0.0289 on a daily close and break the trendline, exposing 0.0281 and the 0.0277 July base.
Trendline sparks an ETH comeback, or does BTC keep winning this pair?
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Bitcoin Bullets® Trading
ETH/BTC is at 0.02933 on the daily, pinned right on the rising trendline from the June lows. A string of lower highs since early October has pushed price into the line, and the room to bounce is running out fast.
Bull case: hold the trendline and reclaim 0.0297, opening a path back toward 0.0301 and the 0.0310 zone.
Bear case: lose 0.0289 on a daily close and break the trendline, exposing 0.0281 and the 0.0277 July base.
Trendline sparks an ETH comeback, or does BTC keep winning this pair?
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Bitcoin Bullets® Trading
#ETH Market Analysis
ETH is at 2,367.04 on the 8h, pressing into the rising trendline from the early August lows right where it meets the 2,400 base that held through September. Lower highs since early October have squeezed price into this zone, and wicks toward 2,320 keep getting bought.
Bull case: hold the trendline near 2,350 and reclaim 2,410, opening a path back toward 2,490 and the 2,570 zone.
Bear case: lose 2,330 and break the trendline, exposing 2,230 and the 2,110 area below.
Trendline and base hold together, or does ETH finally break down?
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Bitcoin Bullets® Trading
ETH is at 2,367.04 on the 8h, pressing into the rising trendline from the early August lows right where it meets the 2,400 base that held through September. Lower highs since early October have squeezed price into this zone, and wicks toward 2,320 keep getting bought.
Bull case: hold the trendline near 2,350 and reclaim 2,410, opening a path back toward 2,490 and the 2,570 zone.
Bear case: lose 2,330 and break the trendline, exposing 2,230 and the 2,110 area below.
Trendline and base hold together, or does ETH finally break down?
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Bitcoin Bullets® Trading
#ETH Market Analysis
ETH is at 2,229.41 on the 8h after yesterday’s massive Binance hack triggered a sharp flush from 2,380, with a wick tagging the rising trendline from the mid July lows near 2,175. Buyers stepped in right at the line, so the broader uptrend is still intact for now.
Bull case: hold the trendline and reclaim 2,250, opening a path back toward 2,350 and the 2,400 zone.
Bear case: lose 2,170 and break the trendline, exposing 2,130 and the 2,050 area below.
Trendline absorbs the hack panic, or does fear finally break support?
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Bitcoin Bullets® Trading
ETH is at 2,229.41 on the 8h after yesterday’s massive Binance hack triggered a sharp flush from 2,380, with a wick tagging the rising trendline from the mid July lows near 2,175. Buyers stepped in right at the line, so the broader uptrend is still intact for now.
Bull case: hold the trendline and reclaim 2,250, opening a path back toward 2,350 and the 2,400 zone.
Bear case: lose 2,170 and break the trendline, exposing 2,130 and the 2,050 area below.
Trendline absorbs the hack panic, or does fear finally break support?
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Bitcoin Bullets® Trading
#ETH Market Analysis
ETH is at 2,249.31 on the 4h, still trapped in the descending channel from the early October highs. The bounce off the lower channel line near 2,170 ran straight into the upper trendline around 2,315, and sellers stepped in right on cue, keeping the downtrend structure intact.
Bull case: break above the channel near 2,320, opening a path toward 2,380 and the 2,460 zone.
Bear case: lose 2,220, exposing another test of the lower channel line near 2,170.
Channel breakout finally coming, or another lower high before the next leg down?
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Bitcoin Bullets® Trading
ETH is at 2,249.31 on the 4h, still trapped in the descending channel from the early October highs. The bounce off the lower channel line near 2,170 ran straight into the upper trendline around 2,315, and sellers stepped in right on cue, keeping the downtrend structure intact.
Bull case: break above the channel near 2,320, opening a path toward 2,380 and the 2,460 zone.
Bear case: lose 2,220, exposing another test of the lower channel line near 2,170.
Channel breakout finally coming, or another lower high before the next leg down?
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Bitcoin Bullets® Trading
#ETH Market Analysis
ETH is at 2,235.89 on the 4h after a failed breakout from the descending channel that has capped price since early October. The break above the upper trendline sent ETH up toward 2,440, but today’s dump erased the move and the old resistance never held as support. Price fell straight back inside the channel.
Bull case: reclaim the upper trendline near 2,280 and hold it, opening a path back toward 2,340 and the 2,420 zone.
Bear case: lose 2,200, exposing the 2,180 October lows and the lower channel line near 2,120.
Fakeout before the real breakout, or is the channel about to drag ETH lower?
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Bitcoin Bullets® Trading
ETH is at 2,235.89 on the 4h after a failed breakout from the descending channel that has capped price since early October. The break above the upper trendline sent ETH up toward 2,440, but today’s dump erased the move and the old resistance never held as support. Price fell straight back inside the channel.
Bull case: reclaim the upper trendline near 2,280 and hold it, opening a path back toward 2,340 and the 2,420 zone.
Bear case: lose 2,200, exposing the 2,180 October lows and the lower channel line near 2,120.
Fakeout before the real breakout, or is the channel about to drag ETH lower?
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Bitcoin Bullets® Trading