15.0K @Cryptorphic1 #ETH Update
ethereum:native is still respecting the descending trendline as resistance on the 4H timeframe, and for now, that keeps me cautious.
As long as price continues trading below this trendline, I'm not interested in longs. I'll be watching for another rejection from this area, as it could lead to further downside.
For the bulls to regain control, I want to see a strong 4H close above the trendline.
Until then, I still favor the bearish outlook.
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15.4K @jaadasss FG Nexus sold all of their ETH
Deposited 9,481 ETH worth $14.89M to Galaxy Digital
[follow me for hourly updates] ✌️ https://t.co/cod5zFwoiO
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79.7K @ourcryptotalk ALTCOINS FLIP BULLISH AGAIN 👀
And almost nobody is paying attention because price still looks weak.
Ethereum under 2k
Solana under $100
$TAO at $200
$SUI under $1
$SEI under $0.10
$ONDO under $0.50
All of them and more are bottoming out.
Here's why it matters 👇
The total altcoin market cap chart is now showing a weekly bullish divergence for the first time since the 2022 bottom zone.
That is something tbh.
Because the last time this exact type of structure appeared, altcoins were not in the middle of a breakdown.
They were in the final stage of accumulation before the next major expansion.
Back then, price kept moving sideways and lower.
Sentiment was terrible.
Every bounce was treated like a trap.
But underneath the surface, RSI was already making higher lows while price refused to properly recover.
That was the signal.
Not the breakout.
Not the green candles.
The signal came before the crowd believed anything had changed.
Now we are seeing a similar setup again.
Altcoin market cap is still
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Ethereum (ETH) is a decentralized platform that runs smart contracts, defined as applications that run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk. The project was bootstrapped via an ether presale in August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss non-profit, with contributions from great minds across the globe.
