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ETHEREUM Megaphone bottom like March 2020 Ethereum (ETHUSD) is currently on the first week of rebound after 3 straight red weeks when it was unable to break above the 1W MA50 (blue trend-line). This is taking place on a Lower Lows trend-line, technically the bottom of a 1-year Megaphone since the March 11 2024 High. The market is no stranger to long-term Megaphone consolidation periods like that as last time we saw this was on the June 2019 - March 2020 Megaphone, which eventually broke upwards after the brutal COVID crash Bearish Leg that touched bottom. This is quite similar to the current Bearish since late December. Notice how perfectly aligned the Fibonacci retracement levels are. Based on this, we expect at least a 1.5 Fibonacci extension test at $6000 before this Cycle tops at the end of the year.

BITCOIN The 2021 Pivot trend-line that is coming to its rescue. Bitcoin (BTCUSD) has stayed stable after last week's rebound on the 1W MA50 (blue trend-line), which has been the level that offered support on the Bull Cycle Channel's previous Higher Low (August 05 2024). Technically however, that is not the only major Support level that may be coming to BTC's rescue as we've identified the Pivot trend-line that started on the April 12 2021 High as a Resistance and since then made another 2 contacts (as rejections). This is the first time now that is being tested as Support. During the previous Cycle (2018 - 2021) a similar Pivot trend-line was the level that supported Bitcoin during the last year of its parabolic rally on January and June 2021. The June 2021 contact in particular tested the 1W MA50 as well, which is the exact situation we're in right now. That double support hold initiated the final rebound towards the Cycle's new All Time High (ATH). Check also how similar the 1W CCI patterns between the two fractals are and based on that, a 1W CCI reading at 200.00 would be a solid level to sell and take profit. As a result, we expect this Cycle's Channel Up to accelerate the current rebound, technically its Bullish Leg and make a new ATH, which would be the Cycle's new Top, ideally with a CCI at 200.00.

Ethereum ($ETH USD) appears to be following a historical pattern similar to the 2019-2020 market cycle. The current price action suggests that ETH is rebounding after three consecutive red weeks, struggling to break above the 1W MA50 (blue trend line). This phase of consolidation is taking place at the lower boundary of a descending trendline, forming the base of a year-long Megaphone pattern, which started after the March 11, 2024 high. If we look back at Ethereum’s price movement in 2019-2020, we can see a striking resemblance. During that period, ETH experienced a prolonged Megaphone consolidation, culminating in a steep bearish leg triggered by the COVID crash in March 2020. This ultimately led to a sharp recovery and a powerful breakout, driving Ethereum to new highs. The similarities between the Fibonacci retracement levels of both cycles reinforce this comparison, indicating that history could be repeating itself. Currently, ETH appears to be testing a crucial support level, similar to how it bottomed out in early 2020. If the structure continues to mirror the past cycle, Ethereum could break out of its Megaphone pattern, targeting the 1.5 Fibonacci extension level at approximately $6,000 before the market cycle peaks later in 2025. Traders and investors should closely monitor ETH’s interaction with key resistance and support levels, as well as the 1W MA50, which historically acts as a pivot for major bullish breakouts.

Bitcoin ($BTC USD) has maintained stability after rebounding from the 1W MA50 (blue trend-line) last week. This level previously supported the Bull Cycle Channel’s Higher Low on August 5, 2024, reinforcing its significance in BTC’s price action. However, another major support level may be in play—the Pivot trend-line originating from the April 12, 2021, high. Initially acting as resistance, it saw two more rejection points before now being tested as support for the first time. Looking at the previous cycle (2018–2021), a similar Pivot trend-line supported Bitcoin during the final phase of its parabolic rally in January and June 2021. Notably, the June 2021 contact also aligned with the 1W MA50, mirroring the current setup. That dual support triggered the last rebound toward a new All-Time High (ATH) for the cycle. Additionally, the 1W CCI patterns between these fractals show strong similarities. If history repeats, a 1W CCI reading near 200.00 could mark an ideal profit-taking level. Based on this, we anticipate the current Channel Up formation to fuel BTC’s bullish leg, potentially driving it to a new ATH—the cycle’s ultimate peak. Do you think this confluence of the Pivot trend-line and 1W MA50 will support BTC’s next major rally? Share your thoughts in the comments!

$ADA - update: Setup Invalidated ???🔴 I cut my position with some losses after TP1 ✅ The short term price action remain too neutral!  It's still pretty bearish on the bigger picture, but if the 0.6850$ support area hold, hence we could see a correction toward 0.800$!  At the opposite, a breakout below 0.6800$ could trigger another big sell signal! (0.6500 - 0.6200 - 0.5600$)  Support are holding at the moment, so it's better to not stay into short position! ⚠️ I'll wait for a clean bearish candle close (below 0.6850$) to open a new short position. (if it happen).  Accept losses, level by level. 100% W/R does not exist team!  That's why if you dont book your gains quickly you lose more often!   Zoom on the monthly data, >85% W/R 🏆💰 STAY DISCIPLINED OR THE MARKET WILL SWALLOW YOU UP!