hodler

22 May 2026, 10:52

Bitcoin Pullback Puts the Long-Term Accumulation Thesis to the Test

22 May 2026, 10:52

Ethereum Price Prediction: Why Traders Are Watching the $5K Zone Again

Ethereum is still holding its long term support structure, even as price remains far below its old high zone near $4,800 to $5,000. The charts show that ETH needs a weekly breakout first, but the macro setup has not turned into a full bearish breakdown yet. Ethereum Holds Rising Support as Chart Points to $10K Target Ethereum is trading near a long-term rising support line on the weekly chart, while the setup shared by Rendoshi AI points to a possible recovery path toward the previous resistance area and then higher levels. The chart shows ETH still holding above the major ascending trendline that started after the 2022 bottom. This support has helped price form higher long-term lows, so losing it would weaken the broader structure. ETH Weekly Trendline Chart. Source: Rendoshi AI on X The first key test is the short descending trendline above the current price. ETH needs to break that line to show that selling pressure is slowing. Without that breakout, the bounce remains early and unconfirmed. The next major resistance sits around the $4,800 to $5,000 zone. That area rejected ETH several times before, so a move back there would be the first serious test for bulls. The green roadmap shows a possible breakout above that range, a retest, and then a larger move toward $10,000. However, that target only becomes realistic if ETH first reclaims the $4,800 zone with strong weekly candles. The RSI is still below the midline area, which means momentum has not fully turned bullish yet. A stronger RSI recovery would support the breakout idea. If ETH loses the rising support line, the bullish roadmap weakens. In that case, lower support near the previous weekly demand zone would become the next area to watch. Ethereum Macro Chart Shows ETH Still Far Above 2020 Lows Ethereum’s weekly chart is being used to show the broader trend, not a short-term breakout setup. The chart shared by The Great Mattsby compares today’s ETH structure with the 2020 area, when price traded below $100 before the later multi-year rally. The main point is perspective. ETH looks weak compared with the $4,000 to $5,000 range from previous cycle highs, but it still sits far above the 2020 low area. That keeps the macro chart structurally different from a full bearish reset. ETH Weekly Macro Chart. Source: The Great Mattsby on X The chart also shows ETH moving sideways after several large rallies and pullbacks. This type of wide range has appeared before during long consolidation periods, especially after strong upside moves. However, ETH still needs a clear weekly breakout to confirm strength. The major resistance remains near the old high zone around $4,800 to $5,000. Until price reclaims that area, the chart shows long-term potential but not confirmed expansion. If ETH loses the current range and breaks lower, the macro structure would weaken. For now, the chart argues that ETH remains inside a large long-term range rather than a completed bearish breakdown.

22 May 2026, 10:46

Bitcoin Price Prediction: Why $78,600 Could Decide BTC' Next Move

Bitcoin is testing a key recovery zone after losing the 3-day 200 SMA, while bulls try to hold the reclaim of the 50 SMA. The short-term chart points to $78,600 as the next breakout level, but the move still needs stronger confirmation. Bitcoin 3-Day Chart Flashes Key Test After 200 SMA Loss Bitcoin is trading near $77,725 on the 3-day chart, sitting just above the 50 SMA at $76,635 but still below the 200 SMA at $92,915. The chart shared by Super฿ro shows BTC trying to reclaim short-term trend support after losing the longer-term moving average. The main point is simple. In past cycles, Bitcoin showed weakness after falling below the 200 SMA. The chart marks similar moments in 2018 and 2022, when BTC later moved into deeper declines. BTC 3-Day Chart. Source: Super฿ro on X However, the chart also highlights a second signal. When Bitcoin reclaimed the 50 SMA on the 3-day timeframe, price later entered stronger recovery phases. That happened after the 2019 low and again around the 2023 recovery area. The current setup shows Bitcoin retesting the 3-day 50 SMA after printing nine consecutive higher lows, according to the inset. That means buyers have defended higher levels during the latest bounce. Still, BTC needs to hold above the 50 SMA for this signal to matter. The next major level remains the 200 SMA near $92,915. Until Bitcoin moves back above that area, the broader structure stays under pressure. A clean hold above the 50 SMA would support a short-term recovery attempt, while rejection would keep the chart exposed to another move toward the recent lower range. Bitcoin Bulls Face $78,600 Breakout Test as Recovery Stays Corrective Bitcoin is trying to keep the orange roadmap active, with the next key test sitting near $78,600. A break above that level would open the way toward the larger resistance area near $82,750. The chart shows BTC bouncing from the $75,777 to $76,549 Fibonacci zone. That area acted as short-term support after the recent pullback. As long as price holds above it, bulls can still defend the recovery structure. BTC 4H Elliott Wave Chart. Source: Man of Bitcoin on X However, the move does not look fully impulsive yet. The bounce appears corrective because price is rising in a controlled pattern, not with strong expansion. That makes the setup less reliable until BTC clears resistance with strength. If Bitcoin breaks above $78,600, the next focus moves to $81,960 to $82,750. A stronger continuation could then target the higher Fibonacci zone between $86,582 and $89,529. If BTC fails at $78,600, the lower levels become important again. The first support remains near $74,917. A deeper loss could bring the orange downside zone into focus, especially around $71,284 and $68,433.

22 May 2026, 10:45

Ark Invest buys $12.5 million of Bullish stock in four days

Ark frequently uses broader digital asset downturns, which tend to pull crypto equities lower, as an entry point into cryptocurrency companies.

22 May 2026, 10:44

Bitcoin Waits on US-Iran Peace Talks Resolution: Next Big Move Loading?

Bitcoin is unable to get decent upside traction, while by the same token a sizable dip has been avoided up to now. It seems that the Bitcoin bulls and bears are waiting on the confirmation or failure of a US-Iran peace deal. Expect Bitcoin to rise or fall significantly depending on the deal resolution. Another rejection amid lower lows Source: TradingView In the short-term time frame it can be seen that the bulls struggled to get back into the descending channel . A brief climb back inside was rejected in fairly quick order. Getting back inside the channel is still the next checkbox to be ticked off by the bulls, but it rather looks as though the $BTC price may be rejected and come back to the $76K support level. All the while it must be noted that lower highs are continuing to be made. Could a lower low below that $76K horizontal support spark another sizeable tumble to the downside? Beautifully matching Fibonacci levels with price action Source: TradingView Zooming out into the daily time frame, the Fibonacci levels are drawn from the beginning of the last rally at the bottom of the bear flag up to the local top. It must be noted just how beautifully the levels line up with the price action. The probability is that the bearish leg downwards has now begun. So far the price has been down to the 0.382 Fibonacci level. If it was only going to come down this far before heading to the upside again it would be very bullish. However, it is perhaps more likely that the $BTC price is rejected from the bottom of the small bull flag or the $78K resistance, and it carries on down. The 0.5, 0.618, or 0.786 Fibonaccis are the levels that a proper retracement would be expected to hit. Of these, the 0.786 is the deepest retracement, and the one that lines up with the bottom of the bear flag, although this could be the 0.618 depending on how long it might take for the price to potentially get down there. A crash down to the 0.618 Fibonacci at $58K? Source: TradingView We draw the Fibonacci levels again, this time in the weekly time frame. They are taken from the very bottom of the last bear market, to the top of this bull market. It can be noted that the $60,000 low almost came down to the 0.618 golden Fibonacci level. If there is a crash in the $BTC price from its current position, it could come all the way down to tag the 0.618 Fibonacci. This move could then retest and confirm the bear market trendline and perhaps end up holding above the 200-week SMA with a potential double bottom underneath from which the new bull market could spring. Finally, and for the sake of the ultra bears, it has to be acknowledged that the 0.786 Fibonacci could also be a potential bottom. This matches up with the often-seen $40K predictions across social media, and also speculated upon on this platform . That said, would the $BTC price be likely to fall back through the bear market trendline, especially after spending so much time above it? Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

22 May 2026, 10:40

Open interest in BTC futures jumps to $8.96 billion

🚀 Open interest in $BTC futures just shot up to $8.96 billion. Speculative traders are returning fast, pushing up leveraged bets. 🤔 Critical data: Analysts say this move may not signal a lasting trend. Continue Reading: Open interest in BTC futures jumps to $8.96 billion The post Open interest in BTC futures jumps to $8.96 billion appeared first on COINTURK NEWS .