Bitcoin has demonstrated a precise pump from the support/resistance (S/R) level and faced rejection just below the critical $100,000 mark. A retest of the S/R level could be anticipated, while a breakout and successful retest above $100,000 would serve as a compelling bullish signal, potentially paving the way for further upward momentum. #BTC #Erinacrypto $BTC
NOT has formed a double bottom pattern on the daily timeframe, and it’s expected to see some price increase from this point. The main move for NOT will happen when it breaks the psychological barrier of $0.01.
Here are its mid-term targets: 🎯 $0.008651 🎯 $0.011158 🎯 $0.014644 🎯 $0.017461 🎯 $0.020279 🎯 $0.024290 🎯 $0.029400 #NOT #Erinacrypto $NOT #MarketPullback
The current price of BONK is 0.00003221, trading within a clear descending channel in the short term. A strong support is identified at 0.00002773 (Fibonacci 0.786 retracement level). If the price bounces from this support and breaks out of the channel, the following targets can be expected:
T1 : 0.00004395 T2: 0.00005058 T3 0.00005693
A breakout above these levels could result in potential gains of 123%. However, failure to break out could lead the price to retest the support at 0.00002773, with a possible drop toward 0.00002272 as the stop-loss zone. #BONK #Erinacrypto $BONK
ENA is currently in a strong uptrend, with a critical buy zone between $0.8685 USDT and $0.7438 USDT. This area presents a high-probability buying opportunity, targeting $1.3273 USDT and $1.7262 USDT. Traders should watch price action closely within this zone to confirm bullish continuation. #ENA #Erinacrypto $ENA
Bitcoin is currently maintaining its position above the critical support/resistance (S/R) level. This suggests the potential for a bullish bounce, provided it holds firmly above this zone.
However, a breakdown followed by a retest of this level from below would indicate a possible continuation of the market correction, signaling increased bearish momentum. #BTC #Erinacrypto $BTC
The Bitcoin network's difficulty - which measures how much computational power is needed to mine a block - has seen a massive increase over time. After 418 adjustments, the difficulty has reached 446,331,432,498,125,300,000,000, reflecting the tremendous growth in network security and mining power committed to Bitcoin. This represents a significant evolution from Bitcoin's early days, showing how the network has become increasingly robust and secure. #BTC #Erinacrypto $BTC #BTCNextMove
ETH The price has broken the ascending channel, signaling potential short-term correction before resuming an upward trend. Key support levels at 3,038.44 USDT and 2,756.96 USDT offer potential rebound opportunities. If these levels hold, the price could recover towards 3,400 USDT and 3,700 USDT. However, a break below support could lead to further declines to 2,393.76 USDT. #ETH #Erinacrypto $ETH
Bitcoin is currently trading within an ascending channel, maintaining its position above the trendline support. If the price breaks below the channel and retests it from underneath, this would signal bearish confirmation, indicating a potential trend reversal.
Conversely, as long as BTC remains above the trendline and within the channel, a bounce is likely, suggesting continued bullish momentum in the short term. #BTC #Erinacrypto $BTC