Bitcoin Cycles and October Outlook 

Analyst Inmortal noted that previous bull runs lasted around 1,060 days. His chart highlighted boxes marking each cycle from bottom to top. Inmortal stated, “If history repeats, the bull run ends in October.” Analyst Jelle echoed this view, pointing out that Bitcoin may only have around 55 days left in this cycle. 

At the same time, Jelle emphasized altcoin behavior. He argued that Solana and Ethereum are preparing for new price levels since altcoins often peak a month after BTC. Analyst Ali reinforced this with technical evidence, citing a weekly RSI divergence. The same signal preceded the 2021 bear market, raising further caution. 

September Weakness and Macro Factors 

Bitcoin faces its weakest month historically as September approaches. Coinglass data shows an average return of –3.77% during this period. Indicators such as Spot Taker CVD and BTC’s Taker Buy/Sell Ratio also reflect mounting selling pressure. However, market sentiment remains as important as technical indicators. Colin Talks Crypto highlighted this point, saying, “We haven’t seen peak euphoria yet.” 

Meanwhile, the Federal Reserve’s upcoming rate decision could strongly influence Bitcoin’s direction into year-end. Volatility in September may reshape investor strategies across the market. Bitcoin’s bull run has already entered its third year, with price levels still below the widely anticipated $100,000 mark. Investors seem to focus more on the scale of the rally rather than its duration. Moreover, altcoin momentum continues to indirectly affect Bitcoin’s trajectory. 

In the end, technical signals suggest that October could become a turning point. Yet sentiment and macroeconomic events may shift the timeline. This makes the coming weeks a decisive phase for Bitcoin’s future direction. 

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

The post Bitcoin Bull Run Nears End? Analysts Warn of October Peak appeared first on Coin Engineer.

As we noted in our previous analysis, losing the $21.29 support increased the short-term downside risk. Although AVAX briefly reclaimed this level, the recovery has not shown strong follow-through yet.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Key Technical Levels:

• Support: $21.29
• Major support: $19.35
• Resistance zone: $21.88 – $22.17

If AVAX fails to hold above $21.29 again, a retest of the $19.35 zone remains on the table. This area previously served as a buying zone and could provide a potential base.

Conversely, a clear breakout above the $21.88–$22.17 resistance could lead to a renewed move toward the ascending trendline, signaling a potential bullish shift in the short term.

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 AVAX Struggles Around Key Support: Price Looks for Direction appeared first on Coin Engineer.

Bitcoin surged to $109,400 on Sunday. However, with declining market volume, it pulled back by 1.5%. The price dropped to $108,000, remaining below the critical resistance level of $110,000. The RSI indicator signaled overbought market conditions, creating pressure at the $110,000 level. 

Although the price action technically maintains bullish consolidation, it showed that short-term upside potential is limited. BTC hit a record $106,100 on May 20 and has remained structurally strong by closing above this level. Coingecko data confirmed five consecutive daily closes above it. 

Decline in Whale Transactions Puts Pressure on Bitcoin 

Decreased liquidity and trading volume over the weekend slowed Bitcoin’s upward momentum. The 24-hour trading volume fell to $26 billion—down 70% from Thursday’s $75 billion peak. Whale trading volume dropped by 57.2% from $112.6 billion to $48.15 billion within two days. 

This decline coincided with Bitcoin’s failure to break the $110,000 resistance, indicating selling pressure from whales. As whale volume fell below the 30-day moving average, BTC risks retesting the $106,000–$107,000 support levels. 

Technical Analysis: Momentum Weakens 

Bitcoin’s short-term outlook remains cautiously constructive. The price is holding above $106,000, now acting as strong support following last week’s rejection around $112,000. However, technical indicators suggest weakening momentum. 

The Relative Strength Index (RSI) fell from 74 to 63.39, showing the market is no longer overheated but buying pressure has eased. As a result, investors are expecting a sideways consolidation rather than a breakout.  Also, the MACD histogram is flattening, with the MACD line just above the signal line. This suggests bullish momentum is fading, though a bearish reversal hasn’t occurred yet. A renewed bullish move could emerge, but if weakness continues, it may shift into a bearish divergence. 

Another key metric is BTC holding above its 5-day SMA ($107,856) and 13-day SMA ($106,216). Maintaining these levels highlights the critical importance of the $106,000 support zone. Otherwise, a drop to the $104,000–$105,000 range becomes more likely. Volume remains at 14.03K BTC, and investors are waiting for stronger buy signals for Bitcoin to surpass $110,000. 

***NOT INVESTMENT ADVICE***

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 Struggles to Surpass $110,000: Key Data Explained  appeared first on Coin Engineer.

Sharp Rebound After Losing 13$ Support

Our previous analysis indicated a key support level between 13.45$ – 13$, which was broken downward. Following that move, Trump Coin began approaching the targeted 12.10$ – 11.30$ region. Yet, without fully touching this zone, it bounced back with strong momentum, signaling bullish intent.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

The rebound led to a recovery of the resistance level, pushing the price toward the 14$ mark. Should this level be broken decisively, the next target on the radar is 15.50$. This implies a potential upward move of 13%, offering short-term opportunities for traders.

Traders Watching 15.50$ Target

For short-term investors, the 14$ level serves as a crucial resistance. A breakout here could mark the beginning of a new uptrend for Trump Coin. Technical indicators are beginning to reflect this bullish potential with increasing conviction.

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 Trump Coin Shows Strong Rebound After Losing Key Support appeared first on Coin Engineer.

Daily trading volume rose 19% to $36.75 billion. Coinglass data shows open interest in ETH futures increased 14% to $32.61 billion, confirming growing investor confidence and market liquidity. 

BlackRock’s ETF Move 

BlackRock proposed an in-kind creation and redemption process for its spot Ethereum ETF. This follows discussions with the SEC’s Crypto Task Force. If approved, ETF shares could be directly exchanged for ETH. Analysts suggest this could push Ethereum’s price to $3,200 or even $4,000. 

Crypto analyst Rekt Capital notes Ethereum closed the CME gaps between $2,530-$2,630. This range may now act as a strong support level. If ETF inflows continue, ETH could target the next gap at $2,900-$3,033, followed by $3,200. 

Abraxas Capital’s Major Investment 

Institutional investor Abraxas Capital purchased 242,652 ETH last week, investing $561 million. Arkham Intelligence data reveals the firm borrowed USDT to increase positions when ETH was at $2,460. This move drove ETH’s price up 10% to $2,700. Analysts predict such institutional buys could lift Ethereum 20% to $3,600 in the short term. 

Ethereum’s technical indicators show positive signals. According to Rekt Capital, the $2,530-$2,630 range turning into support sets the stage for higher prices. Breaking $3,200 could lead to the psychological $4,000 level. Rising ETF inflows, trading volume, and futures open interest indicate sustained investor interest. 

***NOT INVESTMENT ADVICE*** 

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 ETF Inflows Break Records! Is $3,200 Near?  appeared first on Coin Engineer.

Current Price Action and Status

After reaching the 3.10 – 3.20 USDT target zone, TON faced selling pressure and saw a rejection at that resistance level. Currently, the price is expected to find support at the 2.80 – 2.90 USDT area, which corresponds to the previous trendline breakout level. If buyers step in at this zone, TON could gain bullish momentum once again.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Potential Scenarios

• If TON holds above the broken descending trendline, buyers may push the price toward the 3.30 USDT FVG (Fair Value Gap) zone. A breakout above this level could open the door for further upside toward 3.50 USDT and beyond.

• If TON loses support at 2.80 USDT and closes below it on the daily timeframe, the price could fall back toward the 2.60 USDT support zone. Further weakness could bring 2.40 – 2.50 USDT back into focus.

The recent trendline breakout and successful target achievement offer positive signals for TON. However, the resistance area has triggered profit-taking, and short-term sideways or slightly bearish price movements may follow. Holding above the 2.80 USDT support zone is crucial for maintaining a bullish structure in the medium to long term.

Traders are advised to monitor support and resistance levels closely and adjust their strategies accordingly. If TON re-enters the descending trendline zone, downside risks may increase.

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 TON Price Analysis: Downtrend Broke, Target Reached! appeared first on Coin Engineer.

Opening a Short Position

If you’re trading with leverage, it might be healthier to close your position rather than opening one during highly volatile and fluctuating nights. If you’ve made a profit, reducing your risk through profit-taking can be beneficial.

Additionally, some traders tend to open short positions based on a downturn. While this can be correct at times and the market might fall further, during high volatility, you should avoid assuming short-term upward moves won’t occur. This can confuse investor psychology and lead to misdirection.

If you’re considering opening a short position, ensure you have solid reasons for doing so. Perform your fundamental and technical analysis, and unless there’s a clear signal that the price will continue to decline, opening a short position just because the price has dropped can be risky.

Otherwise, your chances of being caught in a wrong position are high, and the “it dropped, it will drop more” mentality can trap traders with sudden reverse movements. These types of trades are often made based on the wrong psychological motivations, which could result in losses.

Opening a Long Position with All Your Money

It’s well known that the best time to buy in the market is during a downturn, and the best time to sell is during a rise. However, you should be cautious when opening long positions with leveraged trading. While declines bring prices to more favorable levels, committing all your capital to these positions is highly risky. The “it’s dropped this much, now it will rebound” mentality often leads to losses.

The key is not to open a long position with all your capital and instead adopt a more controlled strategy. While opening a long position during a drop can be advantageous, it’s best to open the position gradually. This way, you can limit your losses if the price declines further. Gradually opening your position with a small portion of your total capital (such as one-tenth or one-eighth) allows you to take advantage if the market continues to drop.

Remember, there’s a concept called “the bottom of the bottom,” meaning it’s difficult to predict the lowest point in the market. Therefore, the best way to control risk is not to enter long positions with all your capital during a drop. Always keep some funds aside to support your position and be prepared for possible market moves.

Random Additions

Another mistake is making random additions; the best time to open a long position or buy in spot or futures trading is typically during downturns. However, making these purchases randomly and without a plan often leads to getting caught in unfavorable positions.

Instead, utilizing technical indicators can be a much healthier strategy. You don’t need detailed technical knowledge; you can make successful buys with basic indicators and analysis. For example, you could use indicators like the Smart Money Concept or simply draw a line to analyze support levels.

As an example, someone looking to open a long position or buy in spot for Ethereum could take advantage of previous low points and open a position at these levels. When prices reach support levels during a drop, they usually move upwards. By purchasing at these low points, you create a more solid strategy. If you buy simply with the mindset of “it’s dropped this much, now it will go up,” the price could unexpectedly drop further. In this case, rather than relying on luck, you should act based on a strategy supported by technical analysis.

Another key point is to always use support levels as a reference when making purchases. For example, if you made a purchase, set your next buying point close to another support level. Acting with the mindset of “if it drops a little more, I’ll buy there” can be riskier. Instead, by buying gradually, you minimize the risk of your position.

Additionally, when making purchases, use only a portion of your budget to maintain flexibility and allow more room to maneuver in the market.

In conclusion, you should not leave things to chance. By carefully reviewing technical indicators, fundamental analysis, and news flow, you can base your trading strategies on a solid foundation. This way, you can reduce the role of luck and make more successful trades.

Random Selling

Making emotional decisions when selling and buying usually leads to undesirable outcomes. If support levels are rapidly dropping, selling might seem logical, but selling immediately after a drop often leads to regret. So, where should we sell? When should we stop trading a particular cryptocurrency? How can we avoid this mistake?

If you’ve made a spot purchase in large cryptocurrencies (such as Ethereum), there’s usually no need to worry. However, if you’re trading futures or dealing with meme coins or cryptocurrencies with small market caps, you need to be more cautious. Even in spot trading, sometimes it’s necessary to accept a loss and exit the position. For this, technical indicators, especially support or trend lines, can be helpful.

For example, if you want to exit a cryptocurrency and are unsure whether the market will recover, selling when the support level breaks, i.e., when the price continues to decline, can be a wise move. This way, you can accept the loss and exit the position. Later, you can buy at lower support levels to average down your position.

If you’re trading futures, setting stop losses at these levels is very important. You can set an automatic sell order with a loss limit, such as 1% below the support levels. In this way, even if your $100 drops to $90, you’ll still have the opportunity to buy again at the lower support levels. This way, even if you experience small losses, you avoid large losses.

In conclusion, basing your buying and selling decisions on technical analysis, rather than emotions, is much healthier. Support, resistance, and trend lines can help you determine where to buy and sell. These methods allow you to make more informed and controlled decisions, eliminating emotional impulses.

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 4 Mistakes That Will Ruin You During Bitcoin and Cryptocurrency Dips! appeared first on Coin Engineer.

il Capo following this upsurge, he took to Twitter to share his thoughts, stating that the $65.500 resistance level has been decisively broken and the next target is $67.000. Despite his prior bearish stance, il Capo believes the bull run is not over for Bitcoin in this cycle.

Some analysts, however, remain cautious, suggesting that this sudden rally could be a short-lived move and the price may retrace to $65,000 again.

Bitcoin’s daily and weekly moving averages are currently trending upwards, indicating increasing buying pressure. Indicators are also flashing bullish signals. Notably, the RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) are both in buying territory.

Bitcoin price has been on a roller coaster ride lately. The recent surge suggests that buyers are re-entering the market. However,

You can 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 (BTC) Price Surges! Here’s the Data and Legendary Analyst’s Next Prediction appeared first on Coin Engineer.

You might like: CEO: Can Bitcoin Reach $1 Million?

According to a news released today, Matrixport’s Bitcoin spot ETF will be rejected and will not be approved until the second quarter of 2024. After that, Bitcoin saw a sharp sell-off from the $45,518 level, causing panic. Although most analysts say that the approval of the Bitcoin spot ETF by January 10 is a political reason, Matrixport has brought a different perspective to these news.

After the Matrixport news, Bitcoin saw a sharp drop to the $40,600 level.

In BTC, after the upward breakout did not come above the $45,445 level, it could not enter this area. Afterwards, we realized that the sellers were strong in this area by leaving wicks. After that, with the effect of the news, it first broke the $44,300 level in a voluminous way and continued to decline. When panic selling was added to the effect of the news, the $42,000 was also broken and Bitcoin fell to the $40,750 region.

After stopping below $42,000 for 5 minutes, buyers became more aggressive with the involvement of diamond hands and carried the price back above $42,000. We understood the importance of the $42,000 support in this decline. In fact, we can say that we are in a risky area in the market when we lose $42,000. If we start closing candles below $40,750, we can conclude that the declines may continue for a while if there are not enough buyers.

So, whether the Bitcoin ETF is approved or rejected, manipulations will continue in the market until there is a clear news. Keeping cash in such environments, whether the market is rising or falling, will always be an important factor that can turn your portfolio from loss to positive.

The post Bitcoin Price Drop Causes Panic appeared first on Coin Engineer.

The recent general rise observed in the crypto markets has made many investors happy. However, we observe that the expected rise in the SHIBA has not yet occurred. This brings to mind that SHIBA may not benefit enough from this bull run. While there have been rises of up to 50% in other altcoins in the last few weeks, SHIBA’s rise remained at a level of 28% and fell behind expectations.

In the coming days, if there is a breakout or a positive movement in a parity showing the positive status of Ethereum against Bitcoin like BTC/ETH, we may see that positive rises are much more likely in other altcoins. In this case, a noticeable rise can be expected in SHIBA as well.

General market trends and movements in major cryptocurrencies usually tend to affect the performance of other altcoins. If we catch momentum in a parity like BTC.D, this situation could contribute to other altcoins moving upward. Therefore, it can be expected that SHIBA will show a noticeable increase by being affected by this positive period.

Investors should closely follow the general trends of the crypto market in the coming days and monitor possible breakouts or positive price movements in parities like BTC/ETH and BTC.D. These developments could affect the potential rise of altcoins like SHIBA, and in this case, it could be possible for SHIBA to achieve the expected rise.

You may be interested: What is Layer 2?

Can Shiba Break the Falling Channel?

SHIBA’s late bull run seems very important to understand by examining weekly candlestick charts. So far, SHIBA has not make a noticeable breakout and could not create enough buyer pressure in its chart. The reason for this could be that SHIBA is trying to form a double bottom formation during this time frame.

Another factor affecting SHIBA was the falling channel formation. This channel was effective in determining support and resistance levels, and SHIBA faced a critical resistance level after passing the midband. This level has been a strong support/resistance area for SHIBA since the 2nd and 3rd quarters of 2021.

If we can observe a clear breakout in the zone of $0.00000855, a move toward the upper band of the channel could be observed. Also, if positive divergences are seen in favor of altcoins in major crypto pairs like BTC/ETH and BTC.D, SHIBA’s rise to the levels of $0.000017 could be expected. This rise could provide investors with a 110% return and satisfy them.

However, there is a point that should not be forgotten. If we cannot overcome the $0.00000855 resistance, it would not be surprising that pullbacks could be toward lower support levels. If SHIBA cannot overcome the determined resistance level, a correction towards much lower levels may occur.

The post Will Shiba Miss the Mini Bull Cycle? appeared first on Coin Engineer.