$ETH LONG TRADE SETUP – Targeting $1,603.80 & $1,616.61
Ethereum is holding just above the $1,593.92 support, forming a consolidation base. A breakout from this range could push price back toward previous highs.
📊 Trade Setup:
Entry Zone: Around $1,589.00
TP1: $1,603.80
TP2: $1,616.61
Stop-Loss: Below $1,567.33
🧠 Key Observations:
Support Base: $1,567.33 – proven bounce zone.
Resistance Cluster: $1,603.80 & $1,616.61 – targets if breakout confirms.
Structure: Bullish bias remains valid above $1,589.
📌 Watch for momentum build-up near the $1,593 zone. A solid close above this could trigger the rally.
#ETHUSDT #CryptoTrade #LongSetup #Binance #ETH
🪙 When Will $BTC Break Out of Its Sideways Trend?
{spot}(BTCUSDT)
Bitcoin has been trading sideways for several months now, with its fluctuation range gradually narrowing.
❗️Moreover, we’ve already seen a couple of false breakouts in both directions, followed by a return to equilibrium.
Nevertheless, I expect that no later than May, the bulls will fully regain control.
Delayed demand for crypto and the anticipated rate cuts should provide a positive boost.
#btcupdates #BTCanalysis #Market_Update
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Apr 18 Update:
10 #Bitcoin ETFs
NetFlow: +1,147 $BTC(+$97.03M)🟢
#iShares(Blackrock) inflows 955 $BTC($80.73M) and currently holds 573,188 $BTC($48.47B).
9 #Ethereum ETFs
NetFlow: -3,775 $ETH(-$6M)🔴
#Grayscale(ETHE) outflows 5,241 $ETH($8.33M) and currently holds 1,169,305 $ETH($1.86B).
Apr 18 Update:
10 #Bitcoin ETFs
NetFlow: +1,147 $BTC(+$97.03M)🟢
#iShares(Blackrock) inflows 955 $BTC($80.73M) and currently holds 573,188 $BTC($48.47B).
9 #Ethereum ETFs
NetFlow: -3,775 $ETH(-$6M)🔴
#Grayscale(ETHE) outflows 5,241 $ETH($8.33M) and currently holds 1,169,305 $ETH($1.86B).
https://x.com/lookonchain/status/1912878339213435048