Cena @OpenledgerHQOPEN

Hello friend 👋 ready $OPEN & $OPEN & $OPEN

🔥 XRP Presses $3 - Breakout or Another Rejection? Once again testing the $3 level, XRP$XRP is pushing up against a zone that’s capped rallies for months. Price reclaimed the $2.85–$2.90 range, giving bulls a shot at pushing higher, but the weekly RSI still shows bearish divergence, hinting at fading momentum under the surface. I’m watching this closely. A clean daily close above resistance could open the path to $3.82, but failure here likely means more consolidation. Support at $2.75 is key - lose that, and the bullish setup starts to unwind.

Rejection was expected and a LTF pull back. It's the only supply (also on altcoins) that was created during accumulation. So I would be surprised if we really pumped past it especially with USDT.D at YO (Yearly Open). Scalp ideas on BTC (still nothing really optimal) I am playing (I am in the short). ETH has built up lows below, I really would like a ETH sweep of the lows (fast wick below 4270). Maybe with this fast wick, we can get ETH.D key level which is why ETH is massively underperforming in the market right now. As I said before, I think we start accelerating pumps during the interest rates. It will intensify and we get massive volatility (imo a blowoff top mid October). We have all volatility indexes at support and ready to go up. Even VIX (the SPX volatility index) is ready to pump following it's time cycles. 2 main scenarios into interest rates: 1) Pump (just like back in August when Powell announced rate cuts are likely). If this happens, most retail will remember the pattern and think the pump will get retraced and the market to keep ripping higher. 2) Fake dump to then higher (Narrative validation from the ''sell the news'' or ''first'' rate cuts are bearish) Let me also remind you, it's not the first rate cut of the cycle. We had a 50BPS cut in Sept2024. People forgot...

$ETH Market Overview: --- 🚀📈 Ethereum Market Pulse: Live Price Analysis with Insight Here’s your updated Ethereum (ETH) market snapshot with data and analysis to guide your next move: Current Price Action Live Price: ~$4,341 USD, with intraday swings between $4,285–$4,448 . Other platforms show similar figures: CoinDesk: $4,330.98 as of Sep 10 . CoinMarketCap: $4,337.55, up ~0.68% in 24h . CoinGecko: $4,331.42, with 24h volume up 14% . Binance: $4,306.62 . Short-Term Market Pulse ETH in a narrow range: $4,260–$4,380, struggling to break higher . Resistance clustered between $4,340–$4,385. A decisive move above $4,385 could pave the way to $4,420–$4,500+ . On the flip side, a drop below $4,210 could open downside toward $4,060 . On-Chain & Sentiment Indicators Whales Accumulating: Nearly 4 million ETH (~$17 billion) purchased in 5 days. Simultaneously, exchange supply ratio dropped to its lowest in a year (~0.145) — a strong sign of supply tightening . Market Behavior: Despite whales buying, ETF outflows and muted volume suggest investors are cautious . Macro & News Highlights Today’s Price Snapshot: Ethereum is trading near $4,309—Bitcoin around $111,466. Market shows consolidation with multi-month low volatility . Weekly Trend: ETH is down $4,322), pressured by ETF outflows and seasonal softness in September . Potential Upside Drivers: Weak U.S. job data has fueled hopes for Fed rate cuts. This lifted crypto assets, with ETH up ~0.6% alongside Bitcoin and others . Bullish Forecasts: Standard Chartered raised its year-end ETH target to $7,500, citing stablecoin-driven demand and increased institutional adoption . All-Time Highs in Sight: ETH recently hit a new all-time high (~$4,945) on August 24, marking renewed bullish sentiment . --- ** Market Highlights (At a Glance)** Theme Insight Current Price ~$4,340 (with tight daily range) Resistance Short-Term $4,340–$4,385; breakout opens path to $4,500+ Support to Watch Falling below $4,210 could target $4,060 On-Chain Activity Heavy whale accumulation; reduced supply on exchanges Weekly Trajectory Down ~3–4% amid ETF outflows and seasonal headwinds Macro Sentiment Boost from Fed rate cut hopes Analyst Targets Year-end bullish forecasts ranging from $7,500 to beyond All-Time High Established at ~$4,945 on August 24 --- ** Summary & Outlook** Ethereum is currently consolidating in a narrow range around $4.3K, under mixed influences: Bullish Indicators: Whales accumulating large volumes; reduced exchange reserves suggest supply pressure. Technical patterns point to potential upside if resistance is breached. Immediate Risks: ETF outflows, weak volume, and rangebound price suggest cautious sentiment in the near term. Catalysts to Watch: Sustained macro optimism (e.g., rate cuts), further institutional adoption, and ETF inflows could catalyze a rally toward $5–7.5K. Key Levels: Breakout above $4,385–$4,400 may trigger a rally; failure could bring $4,210 test and potential slide to $4,060. ---