I think 2025 will be the year of ETH, just like 2024 was the year of BTC, most alts will capitulate to ETH, before you buy any altcoin, think twice about ETH. The altcoin season will only start after a strong ETH rally.
Be prepared for a sharp market crash, I think we are starting a big correction for 5-7 days. MacD pattern 1 in 1 that we have been getting before.
The alt season after the ETH bottom was usually a year later, those who are now waiting for the alt season will not wait for it. Accumulation should happen within 365 days, after which the alt season will come.
Until the dominance breaks the trendline, I'll be cautious. The multi-year trendline has played out more than once.
USDT leaves no room for growth, the maximum to where BTC can grow is 90k, if we go higher we will need to break the multi-year trending USDT, anything is possible, but you have to be very careful.
I think there is a good possibility of such a scenario, especially in Nov. 10-12, FED-CUT today, the exact same fake pamp was in 2019 during the second FED-CUT, let's see what happens.
Another chart that tells me of a possible impending altcoin capitulation in the next 2 months, let's see how it plays out.
I think we are waiting for the final capitulation of altcoins in the next 2 months, to be honest I did not expect this scenario, but we have what we have, I have already written that I think December is the best entry point for ETH and altcoins.
I think we are nearing the end of the rise in dominance, about 60-61% will be the end. That doesn't mean we should expect an alt season from here, it just means that ETH might feel better than BTC.
I think we are close to the bottom, it's time to become bulls to the ETH/BTC pair, when everyone became bears, the time has come. Top ETH/BTC should be somewhere around here, dominance 60-60.5% could be the end.
As you can see on the chart we are repeating the pattern exactly as it was in 2021, it is not a fact that it'll work, but we need to keep a close eye on ema21 1d, if this chart continues to grow and hold on ema21 as a support, there is a high probability to see the capitulation of altcoins and the whole market before the end of the year.
As you can see in September always was fake growth by ETH, I do not think that in this otherwise all will be otherwise be accurately at the price of 2800-3000$ by ETH.
We are approaching a very serious resistance on Rsi at 5d, I don't know what will happen next, but now is definitely not the time to buy alts, as I wrote in previous posts, the best time to buy was December, so let's wait and see. We may continue to grow a little bit more, but I think the growth is very limited.
We are approaching a very serious resistance on Rsi at 5d, I don't know what will happen next, but now is definitely not the time to buy alts, as I wrote in previous posts, the best time to buy was December, so let's wait and see. We may continue to grow a little bit more, but I think the growth is very limited.
If you look at the structure that usdt is showing us, we can see that this has already happened, at the moment this rise is happening to unload the indicators before the real explosions. I don't know when it will happen, but I think that maybe before the end of the year we will see a market crash.
We find a bottom every December, usually after the election if there was a downtrend we had a collapse, like 2018 and 2022, it wasn't the Presidential election but it was the US Midterm elections. So maybe we should expect a good October, but it's quite possible that right after the election around November 10 we could have a collapse. Maybe the market will react...
I calculated the statistics of when the viola hits the bottom and starts to rise, and there are 5 places on the chart where each time the viola found the bottom between 5-15 December, so it is possible that this time it will work on these dates in December, because this is a common statistic and it has worked before. Perhaps the alto has already found the bottom,...