The_Alchemist_Trader_

Ethereum price action continues to compress within a narrow daily range, currently finding firm support around $3,700 and facing internal resistance near $3,800 — a critical daily SR level. This tight consolidation phase suggests that volatility is building up, and a breakout on either side could lead to an expansionary move. The 0.618 Fibonacci retracement aligns perfectly with the value area low of this range, reinforcing the $3,700 support as a significant technical confluence. From a structural standpoint, this zone must hold to preserve the current bullish framework, while failure to maintain it could open the path toward deeper retracement levels. Key Points: - Daily Support: Holding firm at $3,700, aligned with the 0.618 Fibonacci and value area low. - Internal Resistance: The $3,800 daily SR acts as the first test for bulls to reclaim. - Range Bias: A breakout beyond this $100 zone could initiate a strong expansion or rejection swing. Should ETH break and close above $3,800, it could trigger momentum toward higher liquidity zones near $3,950–$4,000. Conversely, losing $3,700 may invite a retest of lower supports.

Dogecoin price action has shown early signs of recovery after holding firmly above the weekly $0.10 region. The recent bullish reaction and multiple candle closes above the value area low suggest buyers are gradually stepping back into control. From a structural perspective, this establishes a short-term floor that could fuel a rotation higher. The next key technical zone lies around the $0.20 resistance level — a high-timeframe barrier where price previously faced strong selling pressure. As momentum builds, traders should monitor how DOGE behaves once it approaches this area, as rejection could trigger a deeper rotation. Key Points: - Support Zone: DOGE is holding above the weekly $0.10 support, showing early strength. -Resistance Target: The $0.20 mark acts as a high-timeframe resistance and potential rejection zone. - Range Formation: Price action may oscillate between $0.15 and $0.20, forming a clear short-term trading range. If bullish momentum continues, DOGE could retest $0.20 before facing possible rejection. However, failure to sustain above $0.15 could reopen the path toward lower liquidity zones and revalidate the broader range.

Bitcoin recently experienced a sharp correction, sweeping through major swing lows in a widespread liquidity cascade. Despite the heavy drawdown, the market has shown early signs of recovery, with price action reclaiming the lower boundary of the trading channel. This development could set the stage for a short-term relief rally — provided the reclaimed level holds as support. Key Technical Points: - Channel Reclaim: Price has recovered the lower boundary of the trading channel after a liquidity sweep. - Fresh Structure: The current rebound remains early-stage and requires further confirmation through consolidation. - Relief Rally Potential: Sustained support above the channel low could lead to a bullish rotation toward higher levels. Following the liquidation-driven drop, Bitcoin has stabilized above the channel’s lower limit — a critical technical threshold for directional bias. This region now acts as a pivot between continuation lower or recovery toward the mid-range. Market structure suggests that post-liquidation consolidations often trigger countertrend rallies as selling pressure exhausts and new buyers step in. For this scenario to unfold, Bitcoin must continue closing candles above the reclaimed level while volume and momentum gradually improve. A sustained defense of this area could push price action higher into mid-range targets, signaling the beginning of a broader recovery. However, if the market fails to maintain this base, another sweep of recent lows could follow before a more stable reversal forms.

Cardano’s price action is holding firm above the high-time-frame support at 0.766, a critical zone that continues to underpin the broader bullish structure. This level has acted as a strong demand region, with buyers stepping in to defend it multiple times — signaling sustained confidence from market participants. The formation of consecutive higher highs and higher lows further confirms that the prevailing trend remains bullish on both the mid and higher time frames. From a technical standpoint, the 1.618 Fibonacci extension has been respected throughout the recent rally, suggesting that ADA is following a well-defined harmonic rhythm. The confluence of rising moving averages and volume support also reinforces the bullish narrative, indicating that any minor pullbacks may serve as healthy retracements within the uptrend. As long as the 0.766 support level continues to hold, the next key objective for buyers lies around 0.927, where a potential reaction or short-term consolidation could occur. Overall, Cardano maintains a structurally bullish outlook, with the current setup favoring a continuation toward higher targets as momentum and trend alignment stay intact.

Pi Network (PI) is showing early signs of strength after rebounding from the 0.618 Fibonacci retracement level, accompanied by a bullish engulfing candle on the 4H chart. This confluence zone marks a crucial turning point where buyers are beginning to re-enter the market following an extended phase of selling pressure. If the 0.618 golden pocket continues to act as reliable support over the next few sessions, the probability of a rotational move toward $0.26 increases significantly. This level not only aligns with short-term liquidity zones but also serves as the next logical target in the current structure. From a technical standpoint, Pi Network remains within a tight consolidation range, but momentum indicators are gradually shifting in favor of the bulls. Sustained closes above this region would reinforce the likelihood of a trend reversal and potentially spark renewed upside continuation.

Sonic Token has reclaimed its range low, forming a strong technical base that supports further upside toward the $0.32 region. The current setup shows confluence between the 0.618 Fibonacci retracement and the point of control, both serving as pivotal support zones. Price is consolidating above this region after invalidating a prior deviation. If the value area low is lost, a brief corrective move toward $0.25 could occur before resuming higher. The broader structure remains bullish, supported by a clean sequence of higher lows and consistent demand near key levels. What to Expect: Holding the $0.27–$0.29 zone would likely sustain momentum toward $0.32 and beyond. As long as price remains above the reclaimed range low, Sonic Token retains a bullish outlook.

Hyperliquid (HYPE) continues to consolidate near $45, supported by the point of control and 0.618 Fibonacci retracement, suggesting a possible bullish reversal. Price remains stable within the $40–$45 zone, where prior accumulation occurred. Defending this region confirms demand strength, as volume inflows continue to increase. A minor dip toward the lower to clear resting liquidity before an upward rotation begins. The technical structure shows a potential higher-low formation, which could fuel continuation toward the $53 resistance. What to Expect: Maintaining structure above $45 keeps the bullish scenario intact. A decisive close above $47 would likely trigger an acceleration toward $53, confirming the next leg of the broader uptrend.

Ethereum rejected the 0.786 Fibonacci level near $4,779, triggering a short-term correction, yet market structure remains bullish across higher time frames. After reclaiming the $4,588 range, ETH is now consolidating below resistance. If VWAP support fails, price could extend its correction into the 0.618 Fibonacci region, clearing liquidity before resuming higher. The broader uptrend remains intact, marked by consistent higher lows and strong momentum across major time frames. Current movement appears corrective, allowing for potential accumulation before the next rally phase. What to Expect: If ETH holds above the 0.618 level, a bullish rotation toward $4,779 and eventually $5,000 remains probable. Losing that support could delay recovery but would not invalidate the larger bullish bias.

Bitcoin continues to trade between two key levels at $123,348 and $121,307, with a breakout or breakdown likely to dictate the next major move. Price action remains tightly range-bound between these zones after multiple rejections and retests. A reclaim of $123,348 would signal continuation toward new highs, while a drop below $121,307 could invite a deeper corrective phase. The $119,000 level serves as a crucial support where liquidity is building, aligning with prior demand zones. Structurally, Bitcoin’s broader trend remains bullish, and the ongoing pullback appears corrective rather than a reversal. As long as price holds above the $119,000 region, buyers maintain control of the trend. What to Expect: Sustained strength above the $121,000 level would support an eventual push toward new highs, while losing it could extend the correction before another bullish rotation forms.

Aptos continues to show exceptional technical clarity, holding above $3.90 support while maintaining bullish momentum. A corrective retest toward $4.70 could serve as a prime entry for continuation toward $6.13. Aptos has been one of the more structurally disciplined assets recently, reacting precisely to key support and resistance levels. The $3.90 region has acted as a reliable demand base multiple times, while the $5.43 area — previously a strong rejection zone — has flipped into resistance. This alignment provides traders with clear invalidation and continuation zones to guide their strategy. A corrective pullback toward $4.70 would represent a classic bullish retest of the prior breakout zone. This level coincides with the 0.382 Fibonacci retracement and midrange equilibrium, giving additional technical confluence. As long as price holds above $4.50, the bullish thesis remains valid. APT’s daily chart also shows a series of higher lows accompanied by rising volume on upswings — a strong indicator of healthy accumulation. Once the correction concludes, continuation toward $6.13 becomes the most probable scenario. This level represents both the prior weekly swing high and a key liquidity pool where short liquidations may trigger further upside extension. What to Expect: APT remains in a bullish structure. Any dip into $4.70 should be monitored for bullish confirmation candles, potentially setting the stage for a rally toward $6.13 in the coming sessions.