The crypto market is once again flashing familiar signals—and Bitcoin appears to be repeating its historical pattern. In both 2020 and 2023, Bitcoin retested previous highs before forming a bottom and continuing its bull run. Today, we’re witnessing an eerily similar setup. Could this be the start of another explosive move?
In this blog, we break down critical market developments: from global economic instability and Trump’s new tariffs, to technical patterns forming on Bitcoin and Ethereum, and what they could mean for your portfolio.
Bitcoin Retests Its Highs – Déjà Vu?
Just like in previous cycles, Bitcoin has recently retested a key resistance-turned-support level. Historically, these retests have marked macro bottoms—followed by strong upside movements. The high from March 2024 was retested recently, and since then, Bitcoin has bounced significantly, signaling a potential bullish reversal.
This pattern isn’t just a coincidence—it’s a recurring structure in Bitcoin’s market cycles, and it might be hinting at what comes next.
Global Markets on Edge: Trump Tariffs and Recession Fears
Markets experienced a temporary bounce following comments from Donald Trump about potential tariff relief. However, the situation remains volatile. Trump has since threatened China with a 50% tariff hike—a move that could escalate tensions and trigger a global financial shock.
Top financial voices like Larry Fink, CEO of BlackRock, acknowledge the current downturn as a buying opportunity. Despite fears of recession, periods of extreme fear have historically preceded significant bull runs.
CME Gap and Technical Patterns: What The Charts Are Telling Us
Currently, Bitcoin has formed a CME gap above current price levels. These gaps tend to get filled 99% of the time—often within the same week. If this plays out, Bitcoin could see a short-term rally of around 5.5%, pushing it toward the $82,000 level.
Technically, Bitcoin is showing signs of bullish divergence on the 2-day timeframe: price is making lower lows, while RSI is making higher lows. This indicates weakening seller momentum and could signal a reversal.
We’re also observing the formation of a descending triangle—typically a bearish structure—but direction depends on the breakout. A breakout to the upside would confirm a shift in trend.
Support and Resistance to Watch
Major Support: $74,000 – $75,000
Key Resistance: $82,000
As long as Bitcoin holds above the $76,000 region, there’s potential for upside. A break below $74,000 could trigger a deeper correction toward $72,000.
Funding Rates & Market Sentiment
Funding rates are still negative—indicating most traders are shorting the market. When this happens during a period of consolidation, it often precedes a strong short squeeze and a bullish breakout.
We’re also in a phase of extreme fear in both crypto and traditional markets. Historically, these conditions have presented excellent buying opportunities.
Ethereum: Bear Market Levels and Accumulation Zones
Ethereum is trading near its logarithmic support zone—a key accumulation area. Current prices mirror the lows of the 2023 bear market. With my personal entries averaging around $1,800, I’m eyeing take-profit levels at $2,300 – $2,500.
This could represent one of the best entry opportunities for Ethereum before the next leg up.
Final Thoughts: A Market on Standby
We’re in a delicate moment where macro factors—especially U.S. policy and Trump’s tariffs—could either ignite a rally or deepen the correction. While charts offer clues, fundamental decisions from political leaders can shift the market rapidly.
Still, for long-term investors, accumulating during times of fear and volatility has consistently proven to be a winning strategy.
Bonus Tip: If you’re looking to trade smartly, consider using bots that accumulate on dips and sell during spikes—one of the best ways to profit from volatile market ranges.
Don’t forget to follow our blog at www.coinmarketaap.com for real-time crypto insights, deep dives, and expert breakdowns.
Stay smart. Stay ahead.
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