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In this critical crypto market update, Chief Market Strategist Gareth Soloway dissects the confusing price action in Bitcoin (BITCOMP), Ethereum (ETH), Solana (SOL), and XRP. With Bitcoin trading around $68,500, investors are asking: Is the bottom in, or is this just a pause before a massive flush?
Gareth reveals a specific technical setup occurring right now: A "Micro" Bullish Pattern inside a "Macro" Bearish Pattern.
In this deep dive, Gareth covers:
Bitcoin (BITCOMP): Why the short-term charts signal a bounce over the next few days, but the long-term monthly charts are flashing a massive warning sign. Gareth breaks down the "Bear Flag" formation and reveals the terrifying "Head and Shoulders" measured move that puts a $35,000 target on the table if the $60k support level fails.
Ethereum (ETH): ETH has flushed through key support, turning previous buy zones into major resistance. Gareth outlines why holding the $1,500 - $1,600 level is existential for Ethereum to avoid retesting deep bear market lows.
Solana (SOL): The bright spot? Gareth explains why he is currently Long Solana for a swing trade. He identifies a setup that could trigger a 50% rally back to $120, despite the broader market weakness.
Ripple (XRP): The ugliest chart of the bunch. XRP has violated a massive multi-year trendline. Gareth explains the concept of an "Air Pocket" and why the downside risk to $0.95 - $1.00 is now in play.
Stop listening to the "Moon Boys" calling for $1M Bitcoin. Listen to the trendlines. This is probability-based technical analysis to help you navigate the volatility.
Video Length: 00:14:39
More By This Author:
Market Alert: "Rip Your Face Off" Rally Fails! (S&P 500 Head & Shoulders)
Gold & Silver Alert: The $71 Support Hold & $50 "Load The Boat" Level
Bitcoin Panic: Why I Bought The Crash (But Warn Of $35k)




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