Total Quality
Score
If You Had Traded on This Analysis…
Correct
ETHUSDT
Entry 4,263.6500 2025-08-09 21:30 UTC
Target 4,600.0000 In 3 Days
Fail 4,000.0000
Risk / Reward 1 : 1
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Final PnL
7.89%
P/L:
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ETHUSDT
Correct
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
The analysis discusses Bitcoin and Ethereum price structures, highlighting support and resistance levels. For Bitcoin, support is noted at $111,900 and $115,700. The analysis suggests BTC is attempting to move upward, targeting a possible break above $117,000. A failure scenario involves a drop below $111,900, which could trigger further declines. Ethereum currently trades around $4,200, respecting a support level near $4,000. The analysis projects an upward move towards $4,500 to $4,600 if the support holds. However, Ethereum's rejection at the $4,220 resistance suggests potential downward pressure. A bearish cross over and weekly bearish structure of high highs and low lows are also taken into consideration.
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