Published 26 Aug 2026, 15:02 UTC · fetched 3 Nov 2026, 10:59 UTC
Daan Crypto Trades
@DaanCrypto
Quoting · 24 Aug 2026, 11:01 UTC · context given to the AI
$ETH Strong close at the April highs and the highest weekly close in ~7 months. Now sitting right at the Weekly 200MA & EMA which will be important to watch. Bitcoin did break above those already, as they were a lot lower relatively. Good area to watch here for ETH. You wouldn't want to see a strong rejection below ~$2.3K for more than a wick. Then this would turn into a liquidity sweep & rejection and it could drop back to the bull market support band at that point. Think any quick leverage flushes/wicks down could be good opportunities also to bid strong alts this or next week. Will see what we get as always.$ETH Consolidating on top of the previous resistance. But if you're a bull I would want to see this moving further up soon. Otherwise you risk deviating back below the resistance and for this to turn into a big liquidity grab. So ideally the bulls push this to new local highs by the end of the week or it is setting up for a rejection which wouldn't look pretty.View original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Awaiting manual review
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
Uses only text available at publication time
Think the interpretation or outcome is wrong? Sign in with X to request a correction, so reviewers know who is asking.
Sign in to request a correction