Athena Index score: pending/100
Probably gonna break down and test the 50 to 60 region, if not lower, but let's just start with those first.
You gotta go all the way back to 2021 for any signs of support down to 70¢.
but then eventually take out these lows at 131,400 dollar low for ETH.
I know it's not what XR people people wanna hear, but they're probably not watching at this stage. They're just wishing they had sold at $3.60 as opposed to a dollar 34, and they're probably gonna kee
The target level now is above 4,900.
We could see a little bit more of a push here because we haven't broken down from $66,000 yet, but I think it's just borrowed time here before we get the test of the next lows
but then eventually take out these lows at 131,400 dollar low for ETH.
this is not giving anything away for the, short term outcome for Bitcoin, but the sentiment has continued to bounce around fear.
My view is this is all part of the bear market relief rally because we really haven't seen too much of a relief compared to all three prior cycles. And then, eventually, over the coming months, we'll
looking for a test of $2,500 for ETH.
XRP, one of the big ones here, continues to to trend lower.
I think we're possibly around this sort of event in the market...choppy sideways possible accumulation...the next 1 to 3 months
we have some key support levels coming up. That's around $50,000. Underneath these levels is gonna be pretty tricky for Bitcoin
huge rally that takes Bitcoin to $80.90, $100,110,000 dollars
If we're going to see much bigger declines for Bitcoin, I would say, you know, past 40,000 bucks
52% collapse in 2026. So a lot of similarities in these bear markets.
Bitcoin off a cliff here with silver, Bitcoin off a cliff with gold, and they've all found support at roughly the same price. Bitcoin against the S and P 500 also coming off a cliff here trying to bou
I think stick it out to quarter three and see where the, the dust settles for Bitcoin and Bitcoin's price after quarter two
I'm concerned about longer term for Bitcoin, which is why I keep coming back to it and have it in the back of my mind for when a low forms
above the $80,000 level to finally test the two hundred day moving average in this bear market that happens every other bear market.