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If You Had Traded on This Analysis…
Pending
BTCUSDT
Entry 116,004.0000 2025-08-23 03:14 UTC
Target 182,000.0000
Fail 80,000.0000
Risk / Reward 1 : 2
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BTCUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
The analysis focuses on the ETHUSDT pair, presenting a bullish outlook with a potential target price of $9000, while BTCUSDT may increase from its current price to reach 182000 in 6 months. It highlights historical patterns, such as ETH's cycle of range-bound trading, breakouts, and mania, drawing parallels to the dollar's departure from the gold standard in 1971. The presenter said: Ethereum is becoming Wall Street's new tech stack. The discussion encompasses factors driving ETH's pump, including Jerome Powell's perceived caving to Trump's monetary policy preferences, the anticipation of rate cuts starting in September 2025, and the GENIUS Act. The presenters highlight the significance of the PI Cycle indicator and the lack of it triggering on Bitcoin's market to signal that there is still an opportunity of an increase. The analysis also warns against overconfidence, citing Solana as an example where breaking all-time highs can be followed by corrections. Additionally, it touches on the high probability of ETH flipping BTC and identifies current Fully diluted market value. It indicates high hourly taker buy volume for ETH.
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