Ethereum-Trade brings Crypto Rover a whopping million profits-Bitcoin breaks out, Rally in sight
The well-known crypto influencer Crypto Roverwhich now comes to over 1.2 million followers on X and 200,000 on YouTube, has disclosed a remarkable milestone in his current video: his Ethereum trade is now with round 1 Million US-Dollar im Plus. While Ethereum benefits from strong ETF inflows, Bitcoin also attracts attention with a chart-technical outbreak.
Bitcoin recently freed itself from a month-long consolidation phase and has overcome a central resistance brand at $ 110,000. The break of this threshold followed several failed attempts from the past few weeks – but this time the confirmation was achieved. According to Rover, all of this indicates a new phase of the market movement, as it could be observed in 2023 and 2024: long sideways phases, followed by explosive outbreaks.
Bitcoin Bullflag, Ethereum mega bullish
The technical structure is similar to a “Bull Flag” pattern with a price target of $ 130,000 to $ 140,000. Particularly striking: a possible inverse shoulder-head-shoulder formation that is currently forming in the chart-a classic Bullishes signal.
At the same time, there are also clear bullish signals at Ethereum. According to Rover, he had opened his long trade at the low point after a short-term fakeout unsettled the market participants. He has already realized the first participation of 25 %, his target brand for the entire position is $ 3,000, and in the long term it also sees potential up to $ 4,000. For his leverage, however, he wants to get out of $ 3,000 at the latest in order to keep the risk low.
Ethereum currently receives additional support through massive capital inflows in the Spot ETF. Particularly striking: Blackrock had bought $ 158 million in one day alone. According to Rover, a total of $ 211 million flowed into the ETF on this day-a record value that speaks for strong institutional interest.
Photo: Clickout Media
Trips to the Ethereum ETFs, source: https://farside.co.uk/eth/
Ethereum is also robust on the technical side. On the two-hour chart there is a bullish MacD crossover, which, according to historical data, was often the beginning of larger price increases. Rover sees the starting point of a new upward movement, supported by so-called “Power of Three” patterns: consolidation, manipulation, expansion.
The Altcoin Season is in the starting blocks for him. No wonder that many investors invest in Memecoins to benefit from possible strong expansion. A promising project, which is still in advance, is token6900-a meme coin that not only relies on meme energy, but also makes fun of the mechanics of the market.
A real Memecoin
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Secure token6900 while the price is low.
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