crypto commentary Archives - Coin Engineer

Ethereum Pending in Critical Zone! Will a Breakout Come?

Yigit Taha OZTURK — Mon, 14 Jul 2025 14:00:57 +0000

While volatility continues across the crypto market, some assets remain indecisive. Leading altcoin Ethereum is still trading sideways, holding investors in anticipation of a decisive move.

Resistance Still Holds Firm

The previously identified resistance zone remains intact. Ethereum is currently testing this level, yet no clear breakout has occurred. If the price manages to breach this zone with strong volume, a rally toward $3,500 could be on the table. For now, however, there’s no confirmed signal suggesting this move is imminent.

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This resistance level stands as a significant barrier. A breakout above it could shift market sentiment in a more bullish direction.

Watch This Zone On Pullbacks

In case of a pullback, the nearest and most relevant support area lies between $2,801 and $2,618. This range has historically acted as a strong reaction point, and it’s expected to continue serving as a key support. Buyers could step in if the price approaches this area.

ETH/USDT pair 4-hour chart.

Ethereum Consolidation Persists

The current picture shows continued consolidation for Ethereum. Neither buyers nor sellers have gained the upper hand. Until a clear direction is established, traders are advised to monitor technical levels closely and stay patient.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Ethereum Pending in Critical Zone! Will a Breakout Come? appeared first on Coin Engineer.

Bitcoin Continues Sideways Movement: A Setup For A New Peak?

Yigit Taha OZTURK — Wed, 09 Jul 2025 08:00:07 +0000

In the crypto market, all eyes are once again on Bitcoin. While there hasn’t been significant volatility in recent days, the fact that the price is hovering near critical levels keeps investor attention high. The current fluctuation around the 108,791 USD resistance level is being viewed as a potential sign of an upcoming breakout.

Despite strong upward moves on the Ethereum side yesterday, Bitcoin failed to show similar momentum. This has led investors to remain cautious, while the ongoing sideways movement adds to overall market uncertainty.

Path To A New High Could Open

At the moment, BTC has yet to clearly surpass the 108,791 USD resistance. Without a solid breakout above this level, further gains may remain limited. However, should the price break out convincingly—especially with strong closes above 109,400 USD—a new all-time high (ATH) could come into play.

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On the downside, the 107,000 USD support remains critical. If this level is breached, it could lead to increased short-term selling pressure and a deeper pullback. For now, price action is tightly squeezed between these two levels, and a decisive move in either direction is being anticipated.

BTC/USDT pair 4-hour chart.

Investors Await A Clear Direction

Overall, the current structure suggests that Bitcoin has not yet formed a clear trend. With low volume and price stuck between well-defined support and resistance, traders are urged to exercise caution in the short term. A breakout—either up or down—could lead to sharp, accelerated moves.

The post Bitcoin Continues Sideways Movement: A Setup For A New Peak? appeared first on Coin Engineer.

Ethereum Drops to $1,745 Support: Will $1,655 Be Next?

Yigit Taha OZTURK — Tue, 06 May 2025 17:30:14 +0000

As we previously noted, Ethereum (ETH) failed to hold above the $1,821 level and has since dropped toward our target at $1,745, currently hovering around $1,750. The breakdown of this resistance level signals short-term weakness in market momentum.

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Traders are now focusing on the next critical support level to assess Ethereum’s next move.

Watch $1,745: Breakdown Could Lead to $1,655 – $1,631 Zone

If $1,745 fails to hold, the next key support zone lies between $1,655 – $1,631. This area could offer a potential rebound opportunity for buyers and act as a new base.

Conversely, if a strong bounce occurs from this zone, Ethereum may begin a fresh rally targeting $1,821 again. In the short term, the $1,745 level remains crucial for direction clarity.

ETH/USDT pair 4-hour chart.

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The post Ethereum Drops to $1,745 Support: Will $1,655 Be Next? appeared first on Coin Engineer.

TIA at Critical Levels: Is Selling Pressure Increasing?

Yigit Taha OZTURK — Tue, 11 Mar 2025 15:00:34 +0000

TIA, one of the prominent assets in the cryptocurrency market, saw a sharp decline of approximately 22% after breaking the rising trendline on the 4-hour chart. Following this steep drop, TIA is currently trading around $2.94, moving within critical levels in the short term.

In the recent hours, TIA rebounded from the $2.63 support level with buying pressure, gaining strong upward momentum and climbing to the $2.97 resistance level. This level stands out as a crucial resistance area from the current trend perspective. If the price manages to hold above $2.97, the Fair Value Gap (FVG) zone in the upper region may come into focus. Should this area be surpassed, the next resistance point at $3.31 could be targeted.

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However, if selling pressure increases at the $2.97 resistance and the price fails to break through, the price may revisit the $2.63 support level initially. If this support is lost, the decline could extend further towards $2.35.

TIA/USDT 4-Hour Chart

The current market structure indicates important support and resistance zones that investors should pay attention to in the short term. It is crucial for investors to closely monitor price movements at the $2.97 resistance and any potential reactions at the $2.63 support.

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