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🧠 BTC Dominance and the “Double Top” Pattern1. What is a “Double Top” in BTC Dominance?A Double Top is a bearish chart pattern formed by two peaks near the same resistance level. If the price (or dominance in this case) breaks below the neckline (middle support), it signals a potential trend reversal from bullish to bearish.⸻2. Is BTC Dominance forming a Double Top?•Analysts suggest BTC dominance may be forming a double top, with two highs near the same level.•However, it hasn’t confirmed yet. A breakdown below the neckline would confirm the reversal.•If confirmed, this suggests that capital may start flowing from Bitcoin into altcoins.⸻3. What Does It Mean?•If the Double Top is confirmed (dominance drops) → Bitcoin loses market share → capital flows to altcoins → possible start of a new Altseason.•If dominance holds or increases → Bitcoin remains the market’s safe haven → altcoins may remain weak.⸻4. Current Context & Outlook•BTC Dominance is now near 64%, a multi-year high, largely driven by institutional interest and Bitcoin ETFs.•Historically, such highs are followed by rotations into altcoins, especially when traders seek higher returns.•A confirmed drop in dominance might trigger runs in altcoins like ETH, SOL, or meme coins.

SUI/USD Weekly Analysis: Price Trend Through Trendline, Fibonacci, and Market BehaviorThis article analyzes the price behavior of the SUI token against the US Dollar (USD) on a weekly chart using key technical tools such as trendlines, Fibonacci retracement/extension, moving averages (EMA), and momentum indicators like Stochastic RSI and traditional RSI. These tools help interpret the market structure, identify key support/resistance levels, and assess potential price direction in the medium to long term.1. Overall Chart Structure and Initial OutlookSUI has shown a clear uptrend pattern since late 2023 after reaching a low around $0.58–$0.60. It then rebounded and entered an ascending channel that significantly influenced the 2024 bullish trend. However, by mid-2025, price action reveals that SUI is encountering resistance at key Fibonacci levels and has started pulling back.Key technical elements in the chart include:Ascending channel (pink lines)Descending trendline (white/gray), representing medium-term resistanceFibonacci levels measured from the $1.75 low to the $5.37 highEMA indicatorsMomentum indicators such as Stochastic RSI and RSI2. Interpretation of TrendlinesAscending Channel (Pink):This channel began in Q4 2023 and reflects a pattern of higher highs and higher lows. The lower boundary has acted as dynamic support multiple times, especially between late 2023 and early 2024.Recently, the price has fallen from the upper half of the channel and is now moving near its midline. If the lower boundary holds, the uptrend could continue. However, a breakdown below this level may indicate the start of a structural weakening.Descending Trendline (White):This line connects lower highs, reflecting continued selling pressure. It intersects with horizontal resistance at approximately $3.64 (Fib 0.382), forming a strong confluence zone. For a bullish reversal, price must break above this level decisively.3. Fibonacci AnalysisThe Fibonacci retracement is drawn from the $1.75 low to the $5.37 high to determine major support and resistance levels.Fibonacci LevelPriceInterpretation0.236≈ $2.62Current support, some buying interest present0.382≈ $3.64Strong resistance, overlapping descending trendline0.618≈ $4.03Major resistance from the prior rally0.786–0.854≈ $4.63–$4.98Last resistance band before retesting previous high1.0≈ $5.37Peak of this cycle1.272 / 1.618 / 2.0$6.45 / $7.73 / $9.14Long-term targets if price breaks the high2.272≈ $10.14Ultimate extension target in strong uptrendCurrently, the price is near the 0.236 level, a preliminary support zone. A drop below $2.62 may prompt a test of $2.00–$2.20 or even $1.75. Conversely, a decisive breakout above $3.64 may restore upward momentum.4. Moving Averages and Dynamic SupportKey EMA lines in the chart:10-week EMA (Yellow): Starting to slope downward, signaling weakening short-term momentum and acting as resistance.50-week EMA (Purple): Still trending upward, providing strong medium-term support. Staying above this level keeps the long-term structure intact.5. Momentum Indicator AnalysisStochastic RSI:Declining from the overbought zone → Indicates a short-term consolidation or pullback.Traditional RSI:Still above 50 but flattening → Suggests fading momentum and reduced buying strength compared to previous phases.Overall, these signals point to a likely short-term pause or sideways movement before the next major move.6. Possible Trend Scenarios and StrategiesBullish Case:Condition: Price holds above $2.62 and breaks above $3.64.Targets: $4.03 → $4.63–$4.98 → $5.37, with long-term potential to $6.45–$7.73Strategy: Enter long upon breakout at $3.64 with increased volume, and add above $4.00Sideways Case:Condition: Price moves within the $2.62–$3.64 rangeStrategy: Buy near $2.60–$2.70, take profit near $3.60–$3.70Bearish Case:Condition: Price drops below $2.62 and the 50-week EMATargets: $2.00 → $1.75Strategy: Avoid longs, wait for a bottoming signal before re-entry7. Conclusion and Investor CautionCurrently, SUI/USD is at a critical turning point both technically and structurally. The price is testing the lower boundary of its ascending channel and hovering near the 0.236 Fibonacci level, while momentum indicators are weakening.If the price maintains support at $2.62 and stays above the 50-week EMA, the broader uptrend remains intact. A break below these levels, however, may indicate a shift toward a prolonged correction or medium-term downtrend.Investors should closely watch resistance near $3.64 and volume behavior during breakout attempts. Risk management—such as using stop-loss orders and scaling into positions after confirmed signals—is essential.In summary, while there is still potential for an upward move, confirmation through key resistance levels is necessary before a strong continuation can be expected.

Ethereum (ETH/USD) Weekly Chart Trend Analysis Using Trendline, Fibonacci, and Technical IndicatorsIn this article, we analyze the overall trend of Ethereum (ETH) against the U.S. Dollar (USD) based on the weekly chart using essential technical tools such as trendlines, Fibonacci retracement/extension, moving averages, and key indicators. These tools help identify support and resistance levels, price momentum, and potential medium- to long-term scenarios.1. Trendline AnalysisIn the weekly chart, the trendline shown with a dashed gray line acts as a key resistance. This line is drawn from the early 2024 high around $4,127 to the late 2024 low near $1,376. This downtrend line reflects continued bearish pressure over several months.Recently, ETH attempted to breach this trendline. Price has touched or hovered around the line a few times, but weekly candles have not decisively closed above it. A confirmed breakout with multiple weekly closes above this trendline would signal a potential shift from a downtrend to an uptrend.2. Fibonacci Retracement and Extension AnalysisThe Fibonacci retracement tool was applied from the low of $1,376 to the high of $4,127. Key levels are:0.236 (~$2,026): First major support level after a significant pullback. ETH bounced strongly from here.0.382 (~$2,428): Current key resistance where price is consolidating. A close above this level would open the path to higher targets.0.618 (~$3,077): A popular target level in bullish retracements.1.0 (~$4,127): The previous cycle high. A breakout here would establish a Higher High pattern.Extension levels (1.272, 1.618, 2.0): Used to project long-term bullish targets beyond the previous high. These lie at $4,875 / $5,828 / $6,878 respectively.3. Moving Averages (EMA) AnalysisThe chart features Exponential Moving Averages:EMA 10-week (yellow): Tracks short-term trends. Currently flattening.EMA 50-week (purple): Serves as a medium-term resistance. Price is hovering near this level.EMA 200-week (white): A long-term structural support. ETH remains above this, indicating it has not yet entered a full bearish market phase.Holding above the EMA 200 is a positive structural sign, while the flattening of EMA 10 may hint at short-term buying exhaustion.4. Indicator AnalysisStochastic RSI: Currently in the Overbought zone with a bearish crossover, indicating a possible short-term pullback.RSI (Relative Strength Index): Formed a bullish divergence from the recent lows and is slowly climbing. However, it is still below the 55 level, suggesting the uptrend momentum is not yet fully confirmed.5. Trend Scenarios and Strategic OutlookScenario 1: Bullish ContinuationCondition: Price closes above $2,428 and EMA 50.Next Targets: $3,077 / $3,539 / $4,127Strategy: Consider long positions on pullbacks above $2,428.Scenario 2: Sideways ConsolidationCondition: Price remains between $2,026 and $2,850.Strategy: Range trading — buy near $2,050 and sell near $2,800-$2,850.Scenario 3: Bearish BreakdownCondition: Price breaks below $2,026 and EMA 200 decisively.Downside Targets: $1,650 / $1,500 / $1,376Strategy: Stay in cash or open short positions with proper risk management.