Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Space and time, Nvidia, publishes Sub-Second ZK Prover for SQL

2025-05-18

The most popular collections of the moment on blockchain

2025-05-18

Has Bitcoin Bull returned? Daily RSI only shows mild bullish momentum

2025-05-18
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Space and time, Nvidia, publishes Sub-Second ZK Prover for SQL

    2025-05-18

    Interview with Nieuwe Lukso Coo

    2025-05-18

    B2 Network brings AI to Bitcoin with DSN-AI Rollup Protocol

    2025-05-18

    The Alice Collective elevates ‘My Neighbor Alice’ in collaboration with Persona Journey

    2025-05-17

    Cardano (ADA) Founder reveals long-awaited AirDrop details! Will be distributed among 37 million portfolios! – Some users cannot receive AirDrop!

    2025-05-17
  • NFT

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16

    Founder wallet emptied while he leaves

    2025-05-15

    British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

    2025-05-14
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

    2025-05-18

    Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

    2025-05-17

    $ 40 billion in XRP on the road – where are they going?

    2025-05-17

    Bitcoin who sees heavy accumulation on Coinbase and Binance, says analysis company Glassnode – here is the prospects

    2025-05-17

    Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Trader Who Called Bitcoin Bottom for 2022 Warns of ‘Big Pain’ Ahead for Ethereum – Here’s a Downside Target
Analysis

Trader Who Called Bitcoin Bottom for 2022 Warns of ‘Big Pain’ Ahead for Ethereum – Here’s a Downside Target

2023-09-25No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

A top trader who bottomed Bitcoin (BTC) last year says Ethereum (ETH) may see a deep devaluation before a cycle bottom is reached.

In a new episode of the TechnicalRoundup, crypto analyst DonAlt tells his 53,300 YouTube subscribers that Ethereum may be on the verge of a collapse against Bitcoin (ETH/BTC).

According to the analyst, he would rather see the ETH/BTC pair experience a massive sell-off than slowly decline for months.

“Overall, ETH/BTC is accelerating [to the downside] now – as it has been for the past few weeks – which I think is good. It’s better than the bleeding we had before.

The more this speeds up, the closer we are to the bottom, I think. But if this accelerates even more than what it has already done, the biggest pain is obviously yet to come. For the people who still own it, that’s obviously not great in terms of price. But time-wise, I like it better when it speeds up, like you see big, big candles… I would think we are at most two weeks away from bottoming out.

Whereas when you see these little candles continually going down, you think this can continue for the next six months.

I would prefer this to accelerate even more, because then it starts to look like capitulation.”

DonAlt says he wants to accumulate Ethereum once ETH holders capitulate.

“If this starts to capitulate and start putting in stupid prices, like when you look at the graph and people are really stupid right now, then I’m down. I think that would be 0.047 BTC ($1,232) – something like that. That’s where it starts to get stupid and that’s where I would be done even if the story isn’t there.

At the time of writing, ETH/BTC is trading at 0.06022 BTC worth $1,578. A correction towards DonAlt’s price target indicates a downside potential of more than 21% for ETH/BTC.

See also  Societe Generale becomes the first TradFi bank to launch a Stablecoin, plans to debut on Bitstamp: report

I

Don’t miss a beat – Subscribe to receive email alerts straight to your inbox

Check price action

follow us on Tweet, Facebook And Telegram

Surf to the Daily Hodl mix

Generated image: Midjourney



Source link

Ahead Big Bitcoin Bottom Called downside Ethereum Heres Pain Target trader warns
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Has Bitcoin Bull returned? Daily RSI only shows mild bullish momentum

2025-05-18

The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

2025-05-18

B2 Network brings AI to Bitcoin with DSN-AI Rollup Protocol

2025-05-18

Is a bitcoin -top income? What suggest these flashing indicators

2025-05-17
Add A Comment

Comments are closed.

Top Posts

Bitcoin transaction fees play second fiddle to Friend.tech – How?

2023-10-07

Zypher Network works together with Starai to authorize familless AI about chains

2025-03-20

Bitcoin as a safe haven? Arthur Hayes weighs in amid global unrest

2024-10-18
Editors Picks

The less “Trust me brother,” the better.

2024-01-12

Bitcoin ETF Options Receive SEC Approval – Is Wall Street Finally Embracing Crypto?

2024-10-23

Bitcoin: Are Traders Hoping for a Continued BTC Rally?

2023-12-29

This catalyst could send Bitcoin (BTC) flying again in June, according to InvestAnswers

2023-05-19
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Space and time, Nvidia, publishes Sub-Second ZK Prover for SQL

The most popular collections of the moment on blockchain

Has Bitcoin Bull returned? Daily RSI only shows mild bullish momentum

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,843.400.92%
  • ethereumEthereum(ETH)$2,503.570.90%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.391.27%
  • binancecoinBNB(BNB)$645.650.58%
  • solanaSolana(SOL)$170.962.24%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2222113.06%
  • cardanoCardano(ADA)$0.76-0.94%
  • tronTRON(TRX)$0.2725121.55%
  • suiSui(SUI)$3.831.78%
  • chainlinkChainlink(LINK)$15.672.20%
  • avalanche-2Avalanche(AVAX)$22.980.84%
  • stellarStellar(XLM)$0.2900610.74%
  • hyperliquidHyperliquid(HYPE)$26.62-1.34%
  • shiba-inuShiba Inu(SHIB)$0.0000153.33%
  • hedera-hashgraphHedera(HBAR)$0.1940931.48%
  • unus-sed-leoUNUS SED LEO(LEO)$8.70-2.77%
  • bitcoin-cashBitcoin Cash(BCH)$398.940.73%
  • the-open-networkToncoin(TON)$3.101.22%
  • polkadotPolkadot(DOT)$4.741.08%
  • litecoinLitecoin(LTC)$98.36-0.97%
  • moneroMonero(XMR)$340.232.06%
  • bitget-tokenBitget Token(BGB)$5.235.63%
  • pepePepe(PEPE)$0.0000136.29%
  • daiDai(DAI)$1.00-0.01%
  • piPi(PI)$0.745.04%
  • ethena-usdeEthena USDe(USDE)$1.00-0.03%
  • uniswapUniswap(UNI)$5.920.55%
  • bittensorBittensor(TAO)$421.910.75%
  • aaveAave(AAVE)$224.700.17%
  • nearNEAR Protocol(NEAR)$2.760.43%
  • aptosAptos(APT)$5.191.14%
  • okbOKB(OKB)$53.180.33%
  • ondo-financeOndo(ONDO)$0.931.95%
  • kaspaKaspa(KAS)$0.111256-2.84%
  • internet-computerInternet Computer(ICP)$5.251.02%
  • ethereum-classicEthereum Classic(ETC)$18.410.68%
  • gatechain-tokenGateToken(GT)$21.580.80%
  • crypto-com-chainCronos(CRO)$0.0989890.91%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.963.31%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2382822.88%
  • mantleMantle(MNT)$0.740.69%
  • vechainVeChain(VET)$0.0284151.98%
  • render-tokenRender(RENDER)$4.652.05%
  • ethenaEthena(ENA)$0.3757612.60%
  • usd1World Liberty Financial USD(USD1)$1.00-0.01%
  • filecoinFilecoin(FIL)$2.872.25%
  • algorandAlgorand(ALGO)$0.2222371.95%
  • arbitrumArbitrum(ARB)$0.3896213.13%
  • bitcoinBitcoin(BTC)$103,843.400.92%
  • ethereumEthereum(ETH)$2,503.570.90%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.391.27%
  • binancecoinBNB(BNB)$645.650.58%
  • solanaSolana(SOL)$170.962.24%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2222113.06%
  • cardanoCardano(ADA)$0.76-0.94%
  • tronTRON(TRX)$0.2725121.55%
  • suiSui(SUI)$3.831.78%
  • chainlinkChainlink(LINK)$15.672.20%
  • avalanche-2Avalanche(AVAX)$22.980.84%
  • stellarStellar(XLM)$0.2900610.74%
  • hyperliquidHyperliquid(HYPE)$26.62-1.34%
  • shiba-inuShiba Inu(SHIB)$0.0000153.33%
  • hedera-hashgraphHedera(HBAR)$0.1940931.48%
  • unus-sed-leoUNUS SED LEO(LEO)$8.70-2.77%
  • bitcoin-cashBitcoin Cash(BCH)$398.940.73%
  • the-open-networkToncoin(TON)$3.101.22%
  • polkadotPolkadot(DOT)$4.741.08%
  • litecoinLitecoin(LTC)$98.36-0.97%
  • moneroMonero(XMR)$340.232.06%
  • bitget-tokenBitget Token(BGB)$5.235.63%
  • pepePepe(PEPE)$0.0000136.29%
  • daiDai(DAI)$1.00-0.01%
  • piPi(PI)$0.745.04%
  • ethena-usdeEthena USDe(USDE)$1.00-0.03%
  • uniswapUniswap(UNI)$5.920.55%
  • bittensorBittensor(TAO)$421.910.75%
  • aaveAave(AAVE)$224.700.17%
  • nearNEAR Protocol(NEAR)$2.760.43%
  • aptosAptos(APT)$5.191.14%
  • okbOKB(OKB)$53.180.33%
  • ondo-financeOndo(ONDO)$0.931.95%
  • kaspaKaspa(KAS)$0.111256-2.84%
  • internet-computerInternet Computer(ICP)$5.251.02%
  • ethereum-classicEthereum Classic(ETC)$18.410.68%
  • gatechain-tokenGateToken(GT)$21.580.80%
  • crypto-com-chainCronos(CRO)$0.0989890.91%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.963.31%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2382822.88%
  • mantleMantle(MNT)$0.740.69%
  • vechainVeChain(VET)$0.0284151.98%
  • render-tokenRender(RENDER)$4.652.05%
  • ethenaEthena(ENA)$0.3757612.60%
  • usd1World Liberty Financial USD(USD1)$1.00-0.01%
  • filecoinFilecoin(FIL)$2.872.25%
  • algorandAlgorand(ALGO)$0.2222371.95%
  • arbitrumArbitrum(ARB)$0.3896213.13%