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BTCUSDT
Entry 116,825.0000 2025-08-22 23:41 UTC
Target 110,000.0000
Fail 125,000.0000
Risk / Reward 1 : 1
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BTCUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
Body
The analysis focuses on Ethereum's potential to reach new all-time highs, targeting around $5150 within the next 10 days, the end of August or at last on September 1st. It identifies $3470 as the fail price. It also forecasts that Altcoins will bottom against ETH. Bitcoin is expected to correct in September back down to bull market support band around 110000 after ETH reaches its target, setting up for Alt coin mean reversion. The analyst used the indicator of (TOTAL3-USDT)/ETH, Alts are down 53% against ETH. In the week of August 13-20 ETH bled down 53%. I expect about 30% drop in September for ETH USD.
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