order block Archives - Coin Engineer

Bitcoin Dominance Nears Target: Is Altseason Approaching?

Yigit Taha OZTURK — Wed, 18 Jun 2025 13:00:18 +0000

While the broader crypto market appears quiet, key structural developments are unfolding behind the scenes. In particular, Bitcoin Dominance (BTC.D) continues its steady rise, catching the attention of investors closely watching market leadership shifts.

First Target Nearly Hit—What’s Next?

Exactly one month ago, we highlighted that the bullish order block on the Bitcoin Dominance (BTC.D) chart could lead to a move toward the 65.38% level. As of today, that target has almost been reached. Now, the focus shifts to whether BTC.D can break this level with volume and sustain its position above it.

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Should a breakout occur, the next resistance lies between the 67% and 68% range—potentially marking a new phase of dominance that could reshape short-term market dynamics.

BTC.D pair 4-hour chart.

Dominance Peaks Before Altseason?

Historically, strong peaks in Bitcoin Dominance have often preceded the onset of altcoin rallies. This makes the current rise more than just a BTC story—it could be an early signal of a broader market transition. Traders would be wise to monitor the dominance chart closely in the coming days.

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 Bitcoin Dominance Nears Target: Is Altseason Approaching? appeared first on Coin Engineer.

New Momentum in Bitcoin Dominance: Key Support Zone Triggers Bounce

Yigit Taha OZTURK — Mon, 26 May 2025 15:00:29 +0000

As the crypto market seeks direction, investors are paying close attention not just to prices, but to broader market indicators. One such critical metric is Bitcoin dominance — the measure of Bitcoin’s share in the overall market cap. In recent days, this metric has become central to assessing market sentiment.

Changes in dominance often signal whether altcoins can breathe or get suppressed, making technical levels more significant than ever.

Strong Reaction From the Order Block Zone

The previously identified bullish order block has delivered. Bitcoin dominance received strong buying support from this area and has resumed its upward momentum. This move is shaping market expectations and risk perception across the board.

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If the current support holds, dominance may rise toward the 65.38% level — a scenario that favors Bitcoin’s continued market leadership.

Breakdown Could Signal Retreat

However, the continuation of this trend hinges on that critical support zone. A breakdown below this level could lead to a pullback toward the 62.80% mark. Such a move may offer temporary relief to the altcoin market.

BTC.D pair 4-hour chart.

Whether dominance climbs or corrects, its movements carry broader implications for the entire crypto ecosystem. These levels deserve close attention.

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 New Momentum in Bitcoin Dominance: Key Support Zone Triggers Bounce appeared first on Coin Engineer.

Critical Levels In Bitcoin Dominance: Are Altcoins Facing A Storm?

Yigit Taha OZTURK — Mon, 19 May 2025 16:00:51 +0000

Sometimes, the quietest signals in the crypto market are the most telling. One such indicator is Bitcoin dominance, which reflects the strength of BTC relative to other cryptocurrencies. Recently, technical structures have turned this metric into a focal point for market analysts.

Order Block Holds, Upside Potential Remains

From a technical standpoint, Bitcoin dominance continues to hold above its latest upward Order Block zone. As long as this level is maintained, the metric could rise toward 65.38%, signaling increasing BTC control over the broader market.

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Such a scenario may spell trouble for Ethereum and other altcoins, especially if ETH loses its key support level. A dominance surge would likely drain liquidity from the altcoin space, triggering sharp pullbacks.

Losing Support Could Trigger A Decline

Every strong trend has its vulnerabilities. If Bitcoin dominance fails to maintain current support, a drop toward 62.80% becomes more likely. Interestingly, this outcome might actually favor altcoins, providing room for short-term relief or rally.

BTC.D pair 4-hour chart.

In either case, the market is approaching a critical juncture. Traders would do well to monitor both technical signals and macro trends closely and reassess their positions accordingly.

The post Critical Levels In Bitcoin Dominance: Are Altcoins Facing A Storm? appeared first on Coin Engineer.

Bitcoin At A Crossroads: Breakout Or Breakdown?

Yigit Taha OZTURK — Tue, 13 May 2025 17:00:54 +0000

Sometimes, the crypto market feels unusually quiet — but that calm often precedes major moves. We are in such a phase right now. All eyes are on Bitcoin as it tests a bearish Order Block zone on the hourly chart.

This zone has previously acted as a strong resistance level, where selling pressure intensified. Now, Bitcoin is once again challenging it, and the market awaits either a breakout or rejection.

Target Ahead: 105,806$

Should Bitcoin manage to break above this zone with strong volume, the next key resistance lies at 105,806$. A successful breakout could signal renewed bullish momentum and shift broader sentiment across the crypto space.

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Caution: Rejection Could Trigger 102,794$ Pullback

However, if BTC faces a strong rejection at this level, the first downside target would be the 102,794$ support. A break below this level could pave the way for a deeper correction.

BTC/USDT pair hourly chart.

Traders are advised to closely monitor volume and candlestick patterns. The price action in this zone could set the tone for the days ahead.

The post Bitcoin At A Crossroads: Breakout Or Breakdown? appeared first on Coin Engineer.

FET Hits $0.78 Resistance: Is $1 the Next Target?

Yigit Taha OZTURK — Tue, 29 Apr 2025 14:30:57 +0000

Fetch.ai (FET), one of the notable assets in the cryptocurrency market, has reached the $0.78 resistance level — a critical technical target that had been highlighted in previous analyses. After testing this level, FET faced a rejection, causing a short-term price pullback.

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This price zone had been a focus point for many traders, and the reaction confirms the strength of this resistance as a short-term ceiling for now.

Next Bullish Target: One Dollar?

If FET regains momentum, the $0.78 level will remain a major hurdle. A high-volume breakout above this zone could unlock the path toward the $1 level, which is psychologically and technically significant.

On the downside, the bullish order block area is being monitored as a possible support zone, providing a cushion in the event of deeper pullbacks.

FET/USDT pair daily chart.

As FET continues to gain attention with its focus on artificial intelligence and decentralized automation, investors are watching these key price levels for possible entries or exits.

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TRX Breaks Key Resistance! What’s the Next Target?

Yigit Taha OZTURK — Tue, 18 Mar 2025 15:00:36 +0000

In the crypto market, TRX (TRON) is demonstrating an impressive bullish move. On the 4-hour chart, TRX gained buying pressure from the order block zone and successfully broke the critical $0.216 resistance, accelerating its upward momentum.

Currently, the price is consolidating around the $0.226 level, which is highly crucial for the continuation of the bullish trend. If TRX manages to close above $0.226, a move towards the $0.23 zone is highly probable in the short term. This level is significant for determining the next market direction.

Next Target After $0.23: $0.238!

If TRX successfully breaks the $0.23 resistance, the next target would be the $0.238 zone. There is a key FVG (Fair Value Gap) located in this area, and it could act as a strong resistance level.

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However, if buying pressure continues, breaking above $0.238 could lead to further bullish movements, pushing the price to even higher levels.

TRX/USDT 4-hour chart.

Pullback Scenario: Where Is the First Support?

On the flip side, if the price gets rejected from its current zone, the FVG area formed during the recent rally will act as the first line of support. If this support level is broken, TRX could experience a pullback towards the $0.218 – $0.216 range.

These levels might offer new buying opportunities for investors. However, if these supports fail, the market structure may weaken, and the downtrend could deepen.

The post TRX Breaks Key Resistance! What’s the Next Target? appeared first on Coin Engineer.

Maker (MKR) Breaks Downtrend and Reaches Critical Resistance Zone

Yigit Taha OZTURK — Thu, 27 Feb 2025 10:00:35 +0000

The recent volatility in the crypto market has led Maker (MKR) to break its long-standing downtrend on the 4-hour chart, marking a significant upward movement. With this breakout, the price has reached a critical zone, shaping key levels for investors.

Currently, MKR is facing strong resistance in the bearish Fair Value Gap (FVG) zone above. This level is crucial, as breaking through it could push the price higher. If this resistance is surpassed, the next target will be the $1,969 resistance level. A successful breakout above this level could lead to further price appreciation.

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MKR/USDT pair 4 hour chart.

On the downside, in case of a market pullback, MKR has key support zones that need to be watched closely. The order block just below the current price serves as the first support level, followed by the $1,555 support zone. If the price drops further, the $1,358 level will act as the next major support.

Considering market dynamics, Maker (MKR) remains a highly volatile asset, making technical indicators and price trends critical for investors. Breaking the resistance could fuel further gains, while losing key support levels may trigger deeper corrections.

The post Maker (MKR) Breaks Downtrend and Reaches Critical Resistance Zone appeared first on Coin Engineer.

Bybit Pays Off Debt with ETH While Ethereum Faces Critical Drop

Yigit Taha OZTURK — Tue, 25 Feb 2025 16:00:09 +0000

Cryptocurrency exchange Bybit announced that it has purchased 36,893 $ETH (87.5 million USD) through OTC in the past 3 hours. This move indicates that the exchange has begun repaying its debts in $ETH. Following the liquidation of 570.89 million USD worth of long positions in the last 24 hours, Bybit has swiftly started paying off institutional loans with $ETH, signaling a strategic shift in its liquidity management.

Bybit’s Liquidity Management and Debt Repayment Strategy

Bybit’s recent purchase of $ETH highlights its efforts to manage liquidity and repay debts amid ongoing market volatility. The liquidation of significant long positions, worth 570.89 million USD, shows the exchange’s cautious approach as it navigates through market fluctuations. Bybit’s actions may be aimed at stabilizing its positions and ensuring more liquidity in the market.

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At the same time, Ethereum’s price movements have also captured attention. Bybit’s large ETH purchase could be seen as an attempt to inject liquidity into the market while influencing Ethereum’s price. This could have important consequences for Ethereum’s short-term price actions as well, with ETH‘s future movements becoming a focal point for traders and investors.

Critical Price Levels for Ethereum: 2000 $ and 2300 $

On the Ethereum front, a significant development has occurred as ETH faced a major drop. ETH fell from 2800 $ to 2300 $, causing concern among investors. If ETH closes below the order block level, the 2000 $ region might become the next target. This level could serve as a psychological support zone, signaling potential buying opportunities for some traders.

If ETH sees an upward move, the descending trendline might act as resistance, making it harder for the price to break through and return to higher levels. These technical signals are closely watched by market participants, as they could indicate the direction Ethereum is heading in the near future.

The drop in ETH‘s price could also have broader implications on the market. If ETH maintains these lower levels, it might directly influence liquidity in the market. Bybit’s decision to repay its debt in $ETH may drive additional demand for the cryptocurrency, potentially changing Ethereum’s price trajectory.

The post Bybit Pays Off Debt with ETH While Ethereum Faces Critical Drop appeared first on Coin Engineer.

TRX Continues Horizontal Movement: What Are the Key Levels?

Yigit Taha OZTURK — Mon, 24 Feb 2025 18:00:37 +0000

The TRX/USDT pair is showing quite a horizontal movement on the 4-hour chart. This suggests that the price is consolidating within a range, possibly preparing for a larger move. Currently, the $0.25 level can be seen as the first resistance point for the pair’s potential upward movement. If the price manages to break through this level, the next resistance will be at the order block region above. This area could act as a critical barrier for the pair’s continued rise.

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On the other hand, in the event of a potential downtrend, the FVG (fair value gap) region could be considered as the first support level. If the price falls below this region, a pullback towards $0.23 could be expected. These levels are crucial for TRX/USDT investors, providing key decision points. Traders can shape their strategies by closely monitoring how the price reacts to these levels.

TRX/USDT 4-Hour Chart

These critical levels present opportunities for investors to evaluate potential price movements and make informed decisions.

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HBAR at a Critical Level! Which Levels Are Key for a Breakout?

Yigit Taha OZTURK — Mon, 24 Feb 2025 16:00:27 +0000

The HBAR/USDT pair continues to move within a downtrend on the 4-hour chart. Recent price action shows that a candle has moved above the descending trendline, but a confirmed breakout has not yet occurred. This uncertainty means that the market has not yet provided a clear signal for trend reversal. At the same time, the price appears to have been rejected from the first resistance level, the order block zone.

Such rejections often indicate strong selling pressure at key resistance levels, playing a crucial role in determining the market’s direction. If the price faces significant resistance at this level and starts declining again, the chances of a downward move will increase. However, breaking above this level would be a strong indicator of bullish momentum.

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Key Support and Resistance Levels for HBAR

If the price closes above the order block level, the chances of an upward continuation will strengthen. In this scenario, the next significant resistance level to watch is $0.245. If this level is successfully breached, the next target for HBAR could be the broader order block zone. Traders should closely monitor this area to determine potential take-profit levels in case of a breakout.

HBAR/USDT pair 4-hour chart.

However, if the price falls back inside the descending trend and remains there, downside risks could increase. In this case, the first crucial support level stands at $0.20. This level has historically been an area of high buying interest. If this support fails, selling pressure could intensify, potentially pushing the price down to $0.17.

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