Ethereum’s Bullish Setup Hidden in Plain Sight – Why Bitcoin (BTC) Controls the Next Rally
Ethereum's price action looks shaky—but don't be fooled. Beneath the indecision lies a coiled spring, and Bitcoin holds the trigger.
Here's why ETH's fate hinges on BTC's next move.
### The Quiet Accumulation Phase
Traders are sweating over ETH's sideways grind, but smart money's stacking sats—and contracts. Open interest whispers accumulation, not apathy.
### Bitcoin: The Ultimate Market Maker
Like a Wall Street puppetmaster, BTC still dictates altcoin seasons. When it breaks $70K again (and it will), ETH won't just follow—it'll front-run.
### The Cynic's Corner
Meanwhile, hedge funds are 'diversifying' into crypto—just in time to FOMO buy the top. Some things never change.
Mixed Signals Across Ethereum Key Timeframes
In the post, CRYPTOWZRD pointed out a mixed close for ethereum across key timeframes. While the monthly candle ended indecisively, signaling some short-term hesitation, the quarterly candle closed with strong bullish conviction. This, he suggests, sets the stage for more upward movement in the coming months as higher timeframes begin to assert dominance.
He emphasized that today’s daily candles for both ETH and ETHBTC closed similarly indecisive, reflecting the current uncertainty in the market. However, with bitcoin dominance starting to decline, he sees potential for ETHBTC to pick up strength, which could, in turn, fuel Ethereum’s next leg up.
According to CRYPTOWZRD, ETHBTC is already showing signs of life, moving upward from a monthly double-bottom formation. He believes that clean, bullish candles forming from the 0.02270 BTC region WOULD inject fresh momentum into Ethereum, helping to drive it toward the $2,800 resistance, a key level on the radar.
He added that unless any negative fundamental developments occur, $2,400 remains Ethereum’s main daily support zone. As long as this holds, the broader structure remains intact, and the bullish thesis stays valid.
Looking ahead, CRYPTOWZRD plans to keep his attention on the lower timeframes tomorrow. With volatility in play and setups brewing, he’ll be watching closely for quick scalp opportunities as Ethereum navigates through this critical range.
Waiting On Chart Confirmation For The Next Intraday Move
In his closing remarks, the analyst noted that Ethereum’s intraday chart experienced heightened volatility throughout the day. Despite the choppy price action, he sees clear setups forming that could present solid trading opportunities in the NEAR term.
A decisive breakout and close above the $2,550 resistance level would be a strong bullish signal, potentially opening the door for a long entry. On the flip side, if the price pulls back toward the $2,380 support and forms a bullish reversal pattern, that too could serve as a valid trigger for a long position.
With these scenarios in mind, the analyst plans to closely monitor the intraday chart. His focus will be on spotting a clean and high-quality setup, one that aligns with price structure and momentum to time the next scalp trade effectively.
