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Crypto Market on the Brink: Why Bitcoin and Ethereum Are Signaling a Big Move

The crypto market is sitting at one of the most important decision points of the year. Bitcoin is retesting a major multi-month resistance level, Ethereum is breaking out relative to BTC, and macro conditions—especially the U.S. dollar—are shifting in crypto’s favor.

If you’ve been watching price action and wondering which way the next big move will go, this breakdown will help you understand the signals, the catalysts, and what traders are watching right now.

This article is educational market analysis, not financial advice..


Bitcoin Is Pressing Against a Major Resistance Level

For nearly six months, Bitcoin has respected a downward-sloping resistance trendline. After breaking below it earlier, BTC is now retesting that line from below—and price action suggests buyers are ready to push through.

A short-term pullback to ~$90,000 would be normal after recent upside, but the broader picture is clear:

Most traders are positioned incorrectly.

  • Many have sold.

  • Others are short.

  • Some believe the bull market is over.

This creates the perfect environment for a squeeze higher, because markets tend to inflict maximum pain on the majority.

Probability outlook:
60% chance Bitcoin pushes higher,
40% chance we see a deeper retracement.

But the story becomes even clearer once we zoom in on altcoins—especially Ethereum.


Ethereum Is Quietly Flashing Strength

On the daily chart, ETH shows clean bullish momentum. Technically, it “should” pull back toward $3,000 before breaking higher—but market structure says otherwise:

  • Sentiment is heavily bearish.

  • Positioning is skewed short.

  • Even small upside moves are forcing short liquidations.

But the real signal comes from ETH/BTC.


ETH/BTC Has Broken a Multi-Month Downtrend

ETH has finally broken above a resistance trendline that’s capped it for ~5 months. When ETH outperforms BTC, altcoins generally follow.

In other words:

Altseason pressure is quietly building.

As ETH/BTC rises:

  • Bitcoin dominance falls

  • Altcoins gain momentum

  • Liquidity rotates down the risk curve

We’re already seeing this.


Bitcoin Dominance Is Coiling for a Major Break

When we zoom out, Bitcoin dominance has been oscillating near 61% for weeks, compressing into a tight range. A big move is coming—but which direction?

The answer lies in the U.S. dollar.


The U.S. Dollar (DXY) Is Breaking Down—And That’s Bullish for Crypto

Crypto has a strong inverse relationship with the dollar index (DXY):

📉 Dollar down → Crypto up

DXY just:

  • Broke below a multi-month support trendline

  • Accelerated to the downside

  • Is on track to revisit the 98.5 level

This breakdown reflects improving global liquidity—fuel for speculative assets like crypto.

As long as DXY continues falling, crypto should continue rising.

This aligns perfectly with everything we’re seeing in Bitcoin, Ethereum, and dominance charts.


The Fed Meeting Effect: A Historical Tailwind

There’s a lesser-known market pattern:

Crypto tends to rally into Federal Reserve meetings

…then often pulls back during or right after the announcement.

The next Fed meeting is in six days, meaning the current rally could continue until then—especially if macro data fuels expectations of rate cuts.


Today’s Key Catalyst: Jobless Claims

Initial jobless claims are released at 8:30am EST.

Higher-than-expected jobless claims →
More pressure on the Fed to cut →
DXY falls →
Crypto rallies

But remember: crypto often reacts erratically at release time. The real reaction is more clear after:

  1. U.S. markets open

  2. Stocks digest the data

  3. Liquidity conditions stabilize


So, Which Way Will Crypto Move Next?

All indicators—technical, macro, positioning—are flashing the same signal:

The next major move is likely UP.

  • Traders are offsides

  • Ethereum is gaining vs. Bitcoin

  • Bitcoin dominance is falling

  • DXY is breaking down

  • Fed meeting is approaching

  • Macro data is supportive

Most people have turned bearish at the exact wrong moment.

This is classic late-cycle capitulation before the next leg higher.


Bottom Line

Crypto is at a pivotal juncture, but the weight of evidence suggests upside continuation in the short term. While a brief pullback is possible, the momentum behind BTC, ETH, and altcoins remains strong.

If macro conditions continue trending as expected, the market may be gearing up for another powerful move—potentially starting in the next few days.

Crypto Rich
Crypto Rich ($RICH) CA: GfTtq35nXTBkKLrt1o6JtrN5gxxtzCeNqQpAFG7JiBq2

CryptoRich.io is a hub for bold crypto insights, high-conviction altcoin picks, and market-defying trading strategies – built for traders who don’t just ride the wave, but create it. It’s where meme culture meets smart money.

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