short-term analysis Archives - Coin Engineer

Bitcoin Tests Key Threshold: Is a New Rally on the Horizon?

Yigit Taha OZTURK — Mon, 26 May 2025 14:30:52 +0000

The recent volatility in the cryptocurrency market has investors glued to their screens. After approaching a significant support level, Bitcoin showed a powerful reaction, triggering renewed momentum on the upside. As price action aligns closely with technical levels, short-term outlooks are gaining even more importance.

The current developments near critical thresholds may be decisive not only for direction but also for market sentiment.

Strong Bounce from a Key Support

Recently, Bitcoin pulled back to the 106,506$ level, where it found robust support. This level acted as a springboard, fueling a swift upward movement that brought the price back into technically significant territory.

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One area drawing particular attention is the bullish FVG zone (108,725$ – 107,972$) formed during this upward move. As long as the price remains above this zone, the potential for further gains remains solid.

What If the Zone Breaks Down?

However, caution is warranted. Should Bitcoin fall below the FVG zone, a retest of the 106,506$ support level becomes increasingly likely. Such a move could significantly impact short-term sentiment and decision-making among market participants.

BTC/USDT pair 4-hour chart.

Keeping a close eye on these levels and preparing for potential volatility is essential for traders.

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The post Bitcoin Tests Key Threshold: Is a New Rally on the Horizon? 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.

The post TIA at Critical Levels: Is Selling Pressure Increasing? appeared first on Coin Engineer.