hodler

23 Apr 2026, 06:26

Bitcoin's bull score index just left bear territory. There's a warning attached.

The index has returned to neutral territory, a rare milestone that has historically marked market turning points, but not always correctly.

23 Apr 2026, 06:00

Ethereum Faces ‘Moment Of Truth’ As Price Eyes $2,450 Resistance – Breakout Loading?

Some crypto analysts have affirmed that Ethereum (ETH) is facing a pivotal moment as it retests a major resistance barrier that could make or break the King of Altcoin’s recovery dreams. Related Reading: Dogecoin ‘Launchpad’ Ready? Analysts Forecast Big DOGE Price Move Amid Volume Spike Ethereum $2,400 Retest: Breakout or Fakeout? On Wednesday, Ethereum jumped 3.6% to retest a crucial resistance area for the third time this month, as the cryptocurrency attempts to recover from recent market jitters fueled by the US-Iran conflict. The cryptocurrency has been hovering between $1,800-$2,450 since the early February market crash, attempting to break out of this range on multiple occasions but ultimately failing. Amid the recent market recovery, ETH has surged 15% from April’s lows and sustained the upper half of its local range for the first time in three months. Now, it is trying to reclaim the crucial $2,400-$2,500 resistance area before potentially climbing to higher levels. Multiple crypto market observers noted that Ethereum has been pushing toward a breakout over the past week, reaching a three-month high of $2,464 last Friday and testing the $2,425 level today. Analyst Crypto Rand emphasized the importance of reclaiming this region for ETH’s price, affirming that consolidation above this area would “trigger a major bullish reversal” for the cryptocurrency. Similarly, Daan Crypto Trades pointed out that after today’s performance, the King of Altcoins is near its bull market band and the weekly 200 Moving Average (MA), currently at $2,450. This level was lost as support in mid-January, and a weekly close above it could open the door to a retest of the weekly 200 Exponential Moving Average (EMA), located around the $2,560 mark. On the contrary, analyst Ted Pillows shared a bearish perspective, affirming that although the price is surging, Ethereum’s spot demand “is stagnant,” which signals that the recent rally is not supported by steady spot accumulation. “Ethereum could have a liquidity grab above the $2,400-$2,450 level similar to Jan 2026,” he explained, when the price retested the $3,400 area before crashing. Traders Eye $2,900 And Beyond Despite the concerns of another correction, analyst Ali Martinez recently noted that ETH’s SuperTrend, used to identify the current market trend, flipped bullish for the first time in over a year. Per the post, the SuperTrend showed a Buy signal for the first time since the first half of 2025, suggesting the end of the current downtrend. The analyst also affirmed that if the cryptocurrency clears the $2,385 level, it could open the path to the $2,900 area. This level marks the X-axis of ETH’s three-month ascending triangle, and turning it into support would neutralize recent sell signals and confirm a major trend continuation. “With the overhead supply cleared, the technical objective for this formation is now $2,900. As long as we hold above the breakout zone, the momentum remains firmly with the bulls,” he wrote. Related Reading: Crypto Community Slams LayerZero: More Verifiers Won’t Stop The Next $290M Hack Meanwhile, Trader Tardigrade shared a macro perspective on Ethereum based on a two-year ascending channel. According to the post, the cryptocurrency retested and confirmed the channel’s lower boundary as support in the weekly timeframe during the recent market correction, pushing back into the channel over the past four weeks. “If this level holds, $6,000 is the mid-2026 target based on the channel structure,” he suggested, concluding that “Bullish momentum building.” Featured Image from Unsplash.com, Chart from TradingView.com

23 Apr 2026, 05:50

Bitcoin Price Prediction: Structural Strength Could Push BTC to $85K Soon

Bitcoin is trading around $78k, surging higher consistently as a combination of improving technical structure and renewed geopolitical optimism drives fresh buying. The extension of the US-Iran ceasefire has provided a meaningful risk-on catalyst, removing a key source of macro uncertainty that had been weighing on markets for weeks and giving buyers the fundamental backdrop they needed to push through key resistance levels. Bitcoin Price Analysis: The Daily Chart The daily chart is telling a different story than it was even a week ago. BTC has finally broken above the descending channel, cleared the 100-day MA around $75k, and is now pushing through the $75k–$80k resistance band, with the RSI also on the rise but not overbought yet. Crucially, what makes this move stand apart from previous attempts is that price is not just tagging resistance and fading. The price is grinding through the supply zone with successive higher closes. The next major test sits at the $85k–$90k zone, where the declining 200-day MA and a significant supply cluster converge. A weekly close above the $80k psychological level would be a structural development of real importance, as it confirms that the correction’s dominant trend has broken down. On the downside, the former channel boundary and 100-day MA near $75k are now the first support levels to defend on any pullback. Source: TradingView BTC/USDT 4-Hour Chart The ascending channel from the February lows is not producing a clean breakout to the upside. BTC is pushing through the upper boundary near $78k. Unlike the mid-March attempt and last week’s failed breakout, this move has shown genuine follow-through and momentum, which the RSI confirms by trending higher. The $74k–$76k zone, which includes the former upper channel boundary and a key horizontal level, is now the most important area to hold during any retracement on the 4-hour chart. A successful retest of that zone followed by a rebound would be a textbook continuation setup and would add further conviction to the case that the $80k level, and potentially the $82k-$84k bearish order block, are the next meaningful targets in the coming weeks. Source: TradingView Sentiment Analysis The Miners’ Position Index (MPI) is currently sitting below zero on the 7-day EMA. It has rebounded from the green zone that has historically marked periods of miner accumulation rather than distribution. Throughout the 2025 bull run, the MPI repeatedly spiked well above zero as miners sold aggressively into price strength. This behavior consistently preceded local tops. The current reading is the opposite, as miners are not rushing to sell into this rally. The contrast with prior cycle behavior is meaningful. When the price was trading between $110k and $125k, the MPI was consistently elevated. Miners were offloading supply into demand. At $78k, with the index near its most conservative reading in over a year, miners appear to be holding their coins rather than taking profits. This reduces one of the most consistent sources of sell-side pressure in the Bitcoin market, and in a context where exchange reserves are also at multi-year lows, the supply picture heading into a potential push toward $80k looks considerably cleaner than it did at equivalent price levels during the previous rally. Source: CryptoQuant The post Bitcoin Price Prediction: Structural Strength Could Push BTC to $85K Soon appeared first on CryptoPotato .

23 Apr 2026, 05:48

Fundstrat Boss Backs $250,000 Target for ETH

Wall Street permabull Thomas Lee of Fundstrat Global Advisors has endorsed a staggering $250,000 price target for Ethereum.

23 Apr 2026, 05:48

Solana (SOL) Strength Fades, Will Bulls Regain Momentum Soon?

Solana failed to settle above $90 and corrected most gains. SOL price is now consolidating losses above $85 and might attempt another increase. SOL price started a fresh decline below $88 and $87 against the US Dollar. The price is now trading near $86 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $85.50 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $85.50 or $85. Solana Price Dips From $90 Solana price failed to remain stable above $90 and started a fresh decline, unlike Bitcoin and Ethereum . SOL declined below the $88 and $87 levels. The bears even pushed the price toward $85. A low was formed at $85.55, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $89.34 swing high to the $85.55 low. Solana is now trading near $86 and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $85.50 on the hourly chart of the SOL/USD pair. On the upside, immediate resistance is near the $87 level. The next major resistance is near the $87.80 level or the 61.8% Fib retracement level of the downward move from the $89.34 swing high to the $85.55 low. The main resistance could be $88.80. A successful close above the $88.80 resistance zone could set the pace for another steady increase. The next key resistance is $90. Any more gains might send the price toward the $92 level. More Losses In SOL? If SOL fails to rise above the $87.80 resistance, it could continue to move down. Initial support on the downside is near the $85.50 zone. The first major support is near the $84 level. A break below the $84 level might send the price toward the $82 support zone. If there is a close below the $82 support, the price could decline toward the $80 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $85.50 and $84.00. Major Resistance Levels – $87.80 and $88.80.

23 Apr 2026, 05:00

Bitcoin Watch: All Eyes On $86,000—What Could Fuel The Next Bullish Breakout

Bitcoin (BTC) pushed higher on Wednesday, extending its recovery rally to levels not seen since late January. The price rose to just under 5% above the $79,000 mark after President Trump announced he would extend a ceasefire with Iran. Can Bitcoin Sustain The Rally? Market analysts say attention is shifting quickly from the breakout itself to the next set of hurdles higher up the chart. Alex Kuptsikevich, chief market analyst at FxPro, said he believes the $75,000 to $86,000 zone does not look “saturated” with heavy resistance. In his view, if there are no major negative developments, Bitcoin could maintain upward momentum. He also flagged $86,000 as a critical point, though, because the 200-day moving average (MA) is expected to sit near that level and lines up with an important pivot area. Related Reading: Bitcoin Bottom At $63,000? Grayscale Research Flags Feb. 5 As This Cycle’s Low Others emphasized that near-term support has been holding up, which could help Bitcoin keep pressing higher. Caroline Mauron, co-founder of Orbit Markets, said the $75,000 level should act as solid support. She added that a clean move above $80,000 would likely open the door to “significant” further upside, suggesting traders are watching for confirmation rather than just a quick spike. As Bitcoin climbs, sentiment will likely depend on whether the current strength can continue. Joel Kruger, markets strategist at LMAX Group, said the key question going forward is whether the breakout can be sustained and translated into new momentum. He pointed to a mix of supportive conditions, including relative stability in macro factors, gradual improvement in institutional flows, and progress on regulatory clarity. At the same time, he warned that the market still has to deal with headline risk—especially from global geopolitics—as well as shifts in broader risk appetite that can quickly change how investors respond to crypto news. 8% Pause Could Come Before The Real Push Market expert Ali Martinez also weighed on the recent surge, noting that Bitcoin is forming a bullish reversal pattern, currently developing a Morning Star candlestick setup on the monthly chart. This is described as a three-day sequence often interpreted as a signal that sellers may be exhausted and that buyers are regaining control. Even so, Martinez cautioned that strong signals don’t always produce an immediate straight-line rally. Related Reading: XRP Indicator Turns Bullish Again After 3 Months: What’s The Next Price Target? According to his read of the data, Bitcoin often pauses briefly after the move—typically around “an 8% breather” on average—before the bigger continuation leg begins. This implies that BTC could retrace back to $72,000 before moving higher. Taken together, the next move may depend on whether BTC can hold above established support levels like $75,000, sustain the push through key thresholds such as $80,000, and avoid major negative shocks as geopolitics and risk sentiment remain active variables for markets. Featured image from OpenArt, chart from TradingView.com