Total Quality
Score
If You Had Traded on This Analysis…
Fail
ETHUSDT
Entry 3,482.9500 2025-08-03 17:43 UTC
Target 3,200.0000
Fail 4,100.0000 In 5 Days
Risk / Reward 1 : 0
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Final PnL
-17.72%
P/L:
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ETHUSDT
Fail
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
Body
The analysis begins with Bitcoin, highlighting that it is bouncing from a support level around $112,000. The super trend indicator on the weekly chart is green, indicating a bull market, but a bearish divergence is also present. The analyst points out that if Bitcoin confirms this bearish divergence, a pullback could occur within the next one to two months. Ethereum is experiencing a bearish divergence. Chainlink is bouncing from a short-term support, and Solana's funding rates are turning negative. The overall prediction suggests some bearish price action in the next one or two months for BTC, with an upside to $116k in a few days. Ethereum rejects the area from $3.9k to $4.1k. Chainlink is due for a short-term bounce near $15.50. XRP is likely to hit $0.84 with a volatile range, if it breaks this trendline then the prediction is invalidated. Solana sees high short positions at current levels. Overall for all crypto the analyst is cautious due to the ongoing high levels.
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