Darling, gather round! The inimitable John Bollinger, that doyen of technical analysis, has deigned to grace us with his insights. Apparently, the charts of Ether and Solana are whispering sweet nothings about a “big move,” though Bitcoin seems to be sipping its tea, utterly unbothered. 🍵
Our dear John, with his Bollinger Bands (yes, the ones he invented, do keep up!), has spotted what he calls “potential ‘W’ bottoms” on ETH and SOL. Bitcoin, however, remains the wallflower at this ball, still forming its base. How très ennuyeux! 😴
“Gonna be time to pay attention soon, I think.”
Oh, John, you sly fox! A ‘W’ bottom, you say? How delightfully bullish! 🌟 Ether, the drama queen, has dipped to $3,700 twice this month, only to flutter back up, while Solana, ever the mimic, mirrored the move with a double dip to $175. Bitcoin, meanwhile, executed a major ‘V’ shaped dip, because why not? It’s Bitcoin, darling. It does as it pleases. 💃
Time to pay attention, darlings!
Our dear Analyst ‘Satoshi Flipper’ reminds us that the last time Bollinger uttered those fateful words was in July 2024. Bitcoin, the prima donna, then pirouetted from below $55,000 to over $100,000 in six months. Bravo! Encore! 👏
“It is indeed time to pay attention. That’s a real Squeeze and the controlling feature is a two-bar reversal at the lower band,” he trilled at the time. Oh, the drama! The intrigue! 🎭
After months of tight compression, Bitcoin’s Bollinger Bands have widened, thanks to last weekend’s record leverage flush. Analysts, those soothsayers of the market, had predicted this “volatility storm” during September’s lull. How prescient! 🌪️
Watch the 50-week SMA, my dears!
Bitcoin, the recalcitrant darling, has failed to break above $108,000 since its Friday tantrum. But fear not! Analysts assure us we’re not in a bear market yet, despite the hand-wringing and pearl-clutching. 🦻
Analyst ‘Sykodelic’ (what a name, darling!) insists markets are still in an uptrend, using the 50-week simple moving average as their crystal ball. It’s been tagged four times since November, each time accompanied by mass hysteria and panic selling. And yet, it rebounds with the resilience of a Noël Coward one-liner. Bravo! 👏
“Every single time the price has come down to tag the 1W 50SMA, there has been mass fear in the market, with the majority panic selling and everyone saying it is over. And every time it has rebounded with strength and pushed much higher.”
So, my darlings, keep your gin close and your wits closer. The crypto stage is set for a grand performance, and we wouldn’t miss it for the world! 🥂✨
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2025-10-19 05:43