Trading Strategy Archives - Coin Engineer

Bitcoin–S&P 500 Correlation Hits 80% as Price Holds Key Support

Yeliz Akmaca — Sat, 09 Aug 2025 09:00:44 +0000

Bitcoin is trading around $116,960 after reclaiming the $115,000 mark. Buyers remain in control despite ongoing consolidation below $120,000. Latest data shows the correlation between Bitcoin and the S&P 500 has surged to 80%. In this high-correlation phase, gains in U.S. equities tend to fuel Bitcoin’s momentum. On the other hand, stock market declines can trigger sharp volatility in crypto.

With the S&P 500 in an uptrend, Bitcoin appears to be following a similar path. However, analysts note that such elevated correlation levels rarely last long. Traders are watching both stock and crypto charts closely, aware that sudden shifts in risk appetite could quickly ripple into Bitcoin’s price.

Macroeconomic Forces Shape Bitcoin’s Movement

Analyst Axel Adler highlights that the current 80% correlation reflects the strong influence of macroeconomic conditions on the crypto market. Interest rate expectations, liquidity trends, and overall risk sentiment are directly impacting BTC’s price. A sustained recovery in U.S. equities is providing a supportive backdrop for Bitcoin. Conversely, a downturn in stocks could swiftly spread negative sentiment across the crypto space.

Adler explains that the figure is based on a 1-week rolling correlation, which tends to be volatile. Historically, these spikes revert to the mean within weeks. Still, the expansion of institutional crypto products in the U.S. and corporate treasury allocations sets a constructive long-term picture.

Bitcoin Price Analysis: Key Support Holds Firm

Bitcoin has reclaimed the $115,724 horizontal support zone. On the 4-hour chart, the price has moved above the 50, 100, and 200-day SMAs. These levels, converging near $116,000, now form a strong support cluster. The immediate upside target remains the $122,077 resistance, last tested in mid-July. However, selling pressure around $117,000 has led to short-term consolidation.

Trading volume has eased after the breakout, signaling the need for fresh momentum. If support holds, BTC could attempt a move toward the $118,000–$122,000 range. If it fails, a retest of $115,724 and deeper pullback levels could follow.

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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.

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New Records From Bitcoin, But Altcoins Remain Quiet

Yigit Taha OZTURK — Mon, 14 Jul 2025 08:00:32 +0000

The market kicked off the week with a surprising momentum. While weekends typically bring low volatility in the crypto world, this time Bitcoin defied expectations with strong upward moves. Yet, the rest of the market hasn’t quite caught up. Altcoins are still lagging, and for them to rally, we need to see a decline in Bitcoin dominance.

Bitcoin Surges, But Altcoins Struggle To Follow

Over the weekend, Bitcoin tested multiple new highs, standing out with its solo performance. While this move has excited many investors, it hasn’t yet translated into gains for altcoins. The dominance chart clearly indicates that most of the capital is still flowing into Bitcoin, not into alternative tokens.

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For altcoins to shine, Bitcoin dominance must decrease. Until then, the capital allocation across the crypto market is likely to remain uneven.

Key Technical Levels To Watch Closely

Technical analysis suggests that Bitcoin is facing only one significant resistance ahead: $122,721 — the all-time high. A breakout above this level could ignite a broader market rally.

On the downside, the nearest key support zones are at $120,656 and $119,968. As long as Bitcoin stays above these supports, the bullish trend is expected to continue.

BTC/USDT pair hourly chart.

Focus Shifts To Bitcoin Dominance

This week, market watchers are not just looking at prices but also tracking Bitcoin dominance closely. A dip in dominance could signal an incoming altcoin rally. Otherwise, Bitcoin may continue to lead the charge alone, leaving altcoins trailing behind.

The post New Records From Bitcoin, But Altcoins Remain Quiet appeared first on Coin Engineer.

Humanity Protocol Resistance Test: Breakout Ahead?

Yigit Taha OZTURK — Fri, 11 Jul 2025 13:22:49 +0000

One of the lesser-known yet increasingly watched assets in the crypto world, Humanity Protocol, has shown promising signs in recent sessions. As uncertainty looms over broader markets, altcoins like Humanity Protocol are offering technical setups that traders can’t ignore.

On the 4-hour chart, Humanity Protocol bounced strongly from the bullish FVG (Fair Value Gap) zone between 0.054 – 0.046 dollars. This move propelled the price toward the 0.073 – 0.067 dollar resistance range—an area that has historically presented challenges for upward momentum.

Decision Point at Resistance

Humanity Protocol is currently consolidating within this resistance zone. A successful breakout above this area could open the door toward higher liquidity targets at 0.080 and 0.083 dollars. However, these levels may also trigger increased selling pressure, as they’ve done in the past.

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For this reason, entering new positions without confirmation of a breakout carries risk. Traders are advised to wait for a clear signal before acting, as premature entries could lead to sudden reversals.

Bullish Reaction Valid, But Caution Required

While the bounce from FVG support was technically sound, sustainable gains depend on breaking key resistance levels. Until that happens, the asset may be vulnerable to pullbacks. Risk management remains essential, especially when trading assets with relatively lower liquidity and high volatility like Humanity Protocol.

H/USDT pair 4-hour chart.

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Bitcoin Gains Momentum: Is a New All-Time High Coming?

Yigit Taha OZTURK — Fri, 11 Jul 2025 11:00:16 +0000

Markets are heating up again, and all eyes are on Bitcoin, which had been moving sideways within a narrow range for weeks. Investors looking for a breakout finally got what they were waiting for.

As previously highlighted, the 110,500 – 109,809 dollar range marked a critical FVG (fair value gap) zone. This area has now proven to be a reliable support, triggering a strong upward move. Bitcoin reacted exactly as anticipated, launching a solid bullish trend.

Strong Momentum Signals Potential ATH

This is more than just a temporary bounce. The current surge is backed by solid momentum, with technical indicators and trading volume pointing towards continued strength. With this pace, a series of new all-time highs (ATH) may be on the horizon in the coming days.

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Key Support to Watch

If there’s a correction ahead, the next reliable support lies between 114,380 and 113,800 dollars. Holding this level is crucial for maintaining the current bullish trend. As long as Bitcoin stays above it, the outlook remains positive.

BTC/USD pair 4-hour chart.

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Bitcoin Hits New High, But Is the Danger Over?

Yigit Taha OZTURK — Thu, 10 Jul 2025 08:30:59 +0000

The long-awaited breakout in the crypto markets finally arrived, shaking the calm that had settled in recent weeks. All eyes had been on Bitcoin, and as predicted, BTC delivered a sharp move—this time to the upside—reaching a new all-time high. But the excitement was short-lived.

The rally quickly triggered profit-taking, leading to sharp pullbacks across the board. Altcoins largely missed out on the upside, making Bitcoin the sole focus once again. Despite the bullish move, the market remains in uncertain territory.

A Fair Value Gap Has Emerged

Following this surge, technical analysis reveals an upward Fair Value Gap (FVG) between the levels of $110,500 and $109,809. This gap suggests that a price retracement to this region is quite possible.

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Currently, this zone serves as the nearest support area. A bounce from here could confirm its validity. However, any sustained move below it may trigger a deeper correction phase, warning investors to stay cautious.

The 112,000 Dollar Level Stands As A Barrier

To continue the rally, Bitcoin must overcome a crucial resistance at $112,000. This level is significant both psychologically and technically. A clear breakout could signal the beginning of a new bullish leg.

On the other hand, a rejection at this level could pull BTC back into the FVG zone for consolidation. These two zones—resistance and support—will likely define the short-term direction of the crypto market.

BTC/USD pair 4-hour chart.

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Ethereum Rebounds From Key Support: What’s Next?

Yigit Taha OZTURK — Tue, 08 Jul 2025 12:00:33 +0000

In recent days, the crypto market has entered a quiet phase. This drop in volatility is often seen as the calm before the storm. Especially in major cryptocurrencies, the sideways price action may be signaling an impending breakout that could reshape the short-term market trend.

Strong Reaction From Ethereum

On the 4-hour chart, Ethereum (ETH) bounced from the 2,493 – 2,459 USD support zone with a notable upward move. This level has acted as a significant support for some time, and the bounce from here is technically important. Still, Ethereum has not clearly determined its next direction. Price action remains trapped between support and resistance.

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Breakout Direction Will Be Crucial

A similar pattern is seen in Bitcoin as well. The overall market is in a consolidation phase, which often precedes major moves. From a technical standpoint, strong momentum could build in either direction. Traders should closely monitor volume increases and breakout levels in the coming hours.

ETH/USDT pair 4-hour chart.

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Bitcoin Breaks Key Support: Is a Deeper Drop on the Horizon?

Yigit Taha OZTURK — Tue, 08 Jul 2025 10:00:41 +0000

After a period of relative calm in the crypto markets, the tide has turned as Bitcoin faces renewed downward pressure. The 109,400-dollar resistance level, a key technical barrier, once again proved too strong for bulls to overcome.

This rejection sent BTC into a rapid decline, raising concerns among traders and market observers alike.

New Resistance Emerges As Key Level Breaks

Following the failed attempt to breach 109,400 dollars, Bitcoin also lost the 108,791-dollar support, falling as low as 107,500 dollars. With this shift, 108,791 now acts as a fresh resistance point, while the next critical support lies near 107,000 dollars.

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Analysts warn that if this support fails, BTC could continue its slide toward the 105,000-dollar range, marking a deeper correction in the short term. Such a move could trigger further selling and a rise in bearish sentiment.

BTC/USDT pair 4-hour chart.

What Should Investors Watch For?

Given the recent developments, caution is advised. Technical indicators are weakening, and declining trading volumes suggest a drop in market confidence. Holding the 107,000-dollar support is essential for a potential rebound.

Should that level give way, Bitcoin may face accelerated losses. Investors are urged to manage risk carefully and set clear stop-loss levels to protect against further downside volatility.

The post Bitcoin Breaks Key Support: Is a Deeper Drop on the Horizon? appeared first on Coin Engineer.

Unexpected Rally: BONK Surprises Investors With Sharp Surge

Yigit Taha OZTURK — Tue, 08 Jul 2025 01:13:53 +0000

The crypto market has been relatively calm in recent days. While leading assets like Bitcoin and Ethereum traded within narrow ranges, investors turned their attention to alternative tokens. In this quiet environment, one name unexpectedly stole the spotlight: BONK.

Often overlooked under the shadow of larger names, BONK has suddenly emerged as a top performer, drawing significant attention from short-term traders and market watchers.

Price Jumps by 10% in a Single Day

In the past 24 hours, BONK has seen an impressive price surge from $0.00002162 to $0.000023, marking an approximate 10% increase. This swift move has created a strong profit opportunity, especially for traders active in the short-term market.

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Analysts suggest that this rise may be tied to key technical breakouts, while others point to increased trading volumes and rising buzz on social media. Large transactions from whale wallets have also been noted as contributing factors to BONK‘s sudden strength.

BONK/USDT pair 15-minute chart.

Could This Signal a New Altcoin Trend?

Is BONK’s rally the start of a new trend in the altcoin market? Experts believe that sudden movements like these can often trigger wider interest in similar small-cap tokens. As these assets attract attention, they may see rapid inflows and sharp price actions.

Still, caution is warranted. Volatile tokens such as BONK can decline as quickly as they rise. That’s why technical analysis and risk management are critical tools when engaging with such high-momentum assets.

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Markets Stay Greedy Despite Middle East Escalation

Yigit Taha OZTURK — Sun, 15 Jun 2025 09:00:12 +0000

Amid rising tensions in the Middle East, crypto markets are sending a curious message: confidence remains high. Even as Israel launched airstrikes against Iran, the Crypto Fear & Greed Index held its ground — still signaling “Greed.”

Index Holds Firm Amid Crisis

On Sunday, the index posted a score of 60, maintaining its position in the greed zone. This came after Bitcoin dropped 2.8% to $103,000, while Ethereum saw a sharper decline of over 10% during the same period.

Interestingly, the index had registered a much higher 71 just days earlier. Despite the price pullbacks, investor sentiment remains resilient — for now.

Traders Watch Key Support Levels

Crypto analyst Za commented that Bitcoin appears “unbothered” by the geopolitical situation. With $1.74 billion in long positions at stake if the $100,000 psychological level is broken, the coming days will be critical.

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Meanwhile, spot Bitcoin ETF products saw $1.37 billion in inflows during the past week. In contrast, spot Ethereum ETF funds ended a 19-day inflow streak with $2.1 million in outflows.

Will History Repeat Itself?

In April 2024, following Iran’s direct missile strike on Israel, Bitcoin dropped 8.4%, and the index fell from “Greed” to “Fear” within weeks. If history is any guide, we could see a similar pattern emerge if geopolitical uncertainty persists.

The market’s current resilience may be tested further. Investors are watching closely to see whether confidence can hold — or if fear will take over again.

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