Altcoin Watchlist #168
Features analysis on Altcoins such as ETH CAKE LTC SOL SUI TIA
Hello and welcome back to the Rekt Capital Newsletter
In today’s edition, the following cryptocurrencies will be analysed & discussed:
- Ethereum (ETH)
- PancakeSwap (CAKE)
- Litecoin (LTC)
- Solana (SOL)
- Sui (SUI)
- Celestia (TIA)
But before we dive in, this Friday I’ll chart your Altcoin picks in an exclusive subscriber-only TA newsletter and will cover as many as I can
So if you’d like to have an Altcoin charted, feel free to share max. two TA requests each in the comments below.
I’ll chart the Altcoins that get mentioned and ‘Liked’ the most
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Let's dive in to today's Altcoin Market Update.
Ethereum - ETH/USD
For Ethereum, it all comes down to $2,275 (black horizontal) as support, as whenever price has dropped into $2.3k, volatile retesting in a bullish capacity has seen ETH enjoy continuation to the upside.
In a Bear Market, that continuation took the form of early-stage relief rallies.
But Ethereum has passed that point and is slowly transitioning into a Bull Market, where price tends to reclaim $2.3k and hold the orange region below it as a pool of liquidity.
The depth of that downside volatility has differed from one retest to the next, however (green circles).
Mid-2021 saw a major period of volatility, whereas the retests in early 2024 and mid-2025 produced only very limited downside wicks.
Most recently, ETH Monthly Closed below $2.3k, technically positioning price for a bearish retest.
That will be the story of the month.
Can Ethereum reclaim $2.3k on any upcoming pullback?
To remove that bearish positioning, ETH needs to develop a Weekly retesting period at $2.3k, and if that happens, a Higher Low could form from there.
So it's all about building out a base at $2.3k.
With any additional downside volatility within the orange box needing to find support in this liquidity pool, grab that liquidity, and keep $2.3k intact as support.
That would allow Ethereum to continue moving within the $2k to $3k range.
A range-bound environment between two psychological levels, with $3k (black horizontal) marking the top.