$ETH
Mark Newton @MarkNewtonCMT noted today that Ethereum is now flashing Tom DeMark TD Sequential buy setup, which looks for a completed downtrend exhaustion pattern before a potential reversal higher - first time since Feb'26.
You just witnessed one of the largest $BTC liquidation events in history, and $OTHERS is only down 2.25% on the week...
Meanwhile:
• BTC.D is dumping hard
• Altcoin dominance is showing insane strength
• $IWM is going vertical
• Copper is at new ATHs
Everything is screaming RISK ON.
The last time BTC dumped this hard, altcoins were down 20–30%, with some getting crushed 40–50%. This time?
Most are down less than 10%.
We are in a very different scenario now.
While many are panicking, smart wallets are quietly positioning themselves in altcoins.
Let me repeat this one more time: I believe $BTC has one more leg up, and this next push is for altcoins.
I know I'm well positioned.
After studying gematria and numerology for quite some time, my four highest-conviction plays all point to June and July for a massive run.
Altseason is just around the corner...
Have some patience.
$IREN is starting to look less like a data center company and more like a global power aggregator.
A few months ago the story was 4.5GW. Then Spain. Now another 800MW in Australia.
That’s over 5.8GW of secured capacity before most of it is even monetized.
The biggest surprise isn’t the contracts anymore. It’s how fast they keep adding power.
Here's a trade I entered today $IREN
Weekly breakout caught my eye.
I have traded it few times now and have rotated funds.
This time watching for a push towards 75 and then to 100.
$ETH / $BTC
This retracement in orange is clearly corrective and also very full.
Eth has obviously been weak as shit lately but it should start to outperform btc imo here pretty soon.
Here are my $ETH targets in the short term as long as the lower green box holds.
Also, if the "a" is actually a wave 1 (it would have to be a diagonal though) then the targets are much higher.
This is the conservative path/take for now.
$eth
After a daily top, now, a daily bottom
Quick post on $eth. My opinion on it is not often shared. I mainly track it as a close relative to $btc, as family members share dna and help understand each other, through usage of correlation mechanics (mmd, non-mmd, and relative cyclical timing).
But with the downtrend done imo and a bottom forming as openly spoken about on $btc, $eth quietly follows the way we know it so posting is relevant now.
So, the same way I posted my bottom plan on $btc, here is my plan on $eth, directly taken from $btc's inspiration as per usual, but with its own zones, plan and nuances in mind.
Good practice to do, because if both $btc and $eth have my exact reasons for a bottom, then it reinforces the plan of each in the way one extra confluence does.
A bottom
So indeed, just like $btc bottoms imo in its purple zone (situated 70-73k), imo, so does $eth bottom in its zone (situated 1900-2030). As a local refined zone, it is also supported by my modified version of the golden zone presented here.
"How do I draw your golden zone, Astro?" Pivots used are formed on 6th of Feb and 17th of April. With fibs active the 0.618 and the 0.67 "devil's fib" as my twist. At the same time, we have an H6 mmd with the Thursday low and Friday low as relatives, with the apex of the bottom the first tap of that mmd, right onto (slightly front run).
That front run, was verifiable with order flow with clear $eth signatures, which is why I love modern technology so much per my eternal frustration of being front run during the start of my career.
So truly, all you could ever wish for on $eth for a bottom, giving nice confluence to why $btc bottomed too.
2 assets, heavily correlated, leading to the same idea plus or minus nuances.
Locally, we have the same structure forming as well.
No trades taken here, not of interest, I prefer $btc, but the same techniques I use for $btc apply to $eth and can be used if preferred.
I know some of you like to trade $eth instead, so here you go.
I'd also like to remind you we still have the macro mmd of the Feb 6th low at play as the low is holding.
There are some more zones and confluences at play, but this is more than enough to keep you in the loop in case you want to trade $eth instead of $btc.
Happy we received our move down as a drop off 2450, now, confident in the bottom.
Enjoy.
🚨 @RiotPlatforms data center growth curve is going parabolic — and this slide tells the whole story 🚨
⚡ Jan 2025 — $RIOT announced strategic pivot to HPC at Corsicana
⚡ Jan 2026 — first 5 MW @AMD lease executed at Rockdale
⚡ May 2026 — Phase 2 $AMD deployment brings total to 25 MW
⚡ Nov 2026 — Phase 3 $AMD → 35 MW
⚡ May 2027 — Phase 4 $AMD → 50 MW
⚡ $AMD expansion option — additional 200 MW (50 MW + 100 MW contingent on power)
⚡ First Corsicana core & shell — 168 MW of Tier 3 capacity
⚡ Full buildout — 1.2 GW total with future data center development
⚡ Total Portfolio NOI Range at full buildout: $1.6B–$2.1B annually
5 MW in January 2026. 1.2 GW at full buildout. $1.6–2.1B in annual NOI.
The $AMD deal wasn't the destination — it was the proof of concept for a 1.2 GW leasing opportunity!
ETH looks to be bottoming out against BTC which paradoxically is extremely bullish for BTC in the near term. The Bankless guys who cried on a live podcast a few years ago finally capitulated. The bear market is officially over. The next few years should be fantastic for crypto.