The crypto market looks like it’s getting ready for a big move — but there’s still not enough trading volume to fully kick it off yet.
Ethereum (ETH) – Eyeing $3,000 Soon?
Ethereum is gaining strength again and may be heading toward the important $3,000 level. For weeks, ETH has been trading in a tight range, mostly staying above $2,400. This level has helped Ethereum bounce back several times. Now, ETH has moved above $2,500, and buyers are starting to step in again.
If ETH can break through the $2,800 level — which has blocked gains before — it could start a strong rally. The $3,000 level is a big psychological target and also lines up with long-term resistance. The RSI (a tool to check if something is overbought) is neutral, so there's still room for prices to go higher. A weekly close above $2,600 could confirm a real breakout.
Bitcoin (BTC) – $120K Will Take Time
Bitcoin recently broke out of a downtrend, giving hope that it would move toward $120,000. But sellers quickly pushed the price back down, and Bitcoin fell below the breakout level again. This shows that buyers aren’t strong enough yet to push it higher.
Still, the bigger trend is not broken. BTC is staying above the 50-day and 100-day moving averages, which means medium-term momentum is still positive. But unless Bitcoin can climb back above its trendline with good volume, it might stay stuck between $104,000 and $110,000 for a while longer.
Shiba Inu (SHIB) – Big Test Ahead
Shiba Inu is approaching a key level that might decide its next move. SHIB is testing the 26-day EMA (a short-term trend indicator) near $0.0000118. This line has acted like a wall that SHIB hasn’t been able to break since May.
If SHIB can close above this level, it might start moving toward the next resistance at $0.0000131. Trading volume is increasing, which shows traders are getting ready for a possible breakout. However, SHIB is still in a downtrend, and RSI is around 45, showing the market is not too hot or cold.
In short:
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Ethereum is looking strong and could move to $3,000 if momentum continues.
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Bitcoin’s road to $120,000 is delayed but still possible with more buyer support.
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Shiba Inu faces a big test soon — and the result could decide its next big move.
Disclaimer: This article is only for
information and not financial advice. The opinions shared here may be the
writer’s personal views. Please do your own research before making any
investment choices. We are not responsible for any money you may lose.
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