The Crypto Index

April 14, 2025

Introduction

Welcome to the latest edition of The Crypto Index, where we bring you key updates and analyses across the diverse spectrum of crypto assets! Before we dive in, make sure to consider joining our Advanced Community!

Section 1: Bitcoin (BTC)

  • Overview of Price Movements

  • Technical Analysis Breakdown

Section 2: Ethereum (ETH)

  • Overview of Price Movements

  • Technical Analysis Breakdown

Section 3: Solana (SOL) 

  • Overview of Price Movements

  • Technical Analysis Breakdown

Section 4: Altcoin of the Day

  •  Highlight

  •  Technical Analysis Breakdown

Section 5: Memecoin of the Day

  • Highlight

  • Technical Analysis Breakdown

Bitcoin

Update: Bitcoin bullish trend is back. Our previous bullish bias from our last newsletter has been validated. Now we are monitoring upside AOI’s to get reclaimed to validate a macro trend shift. Let’s dig in…

Daily Chart:

Technical Breakdown: The $BTC daily has confirmed a bullish trend shift using our simple Trend EQ. Candles are green and local trend is bullish. In order to validate a macro bottom we need to get above the red upside AOI and flip that level into support.

3 Day Chart:

Technical Breakdown: Looking at the 3D chart, we have not validated a trend shift quite yet. This will be the final signal to validate this move in the macro. If we green a bullish shift here and hold above our EQ we have a confirmed bottom and trend shift in the macro.

Ethereum

Update:  $ETH is starting to show signs of demand down here, is what we said in the last letter, and that is holding up pretty well. While price is lagging compared to BTC, it’s important to understand there are signals of a bottom here for $ETH.

Daily Chart:

Technical Breakdown: ETH confirmed this bounce off of our macro black AOI, the number one signal for this to validate a macro bottom would be price back above the red upside AOI and price holding above that level. If we get a break and retest, this will be the best bullish signal from here.

3 Day Chart:

Technical Breakdown: The 3D chart shows the red upside AOI in a more zoomed out perspective. We really need price back above that level for any meaningful macro bounces off of our black AOI moving forward.

Solana 

Update: $SOL is finally starting to show signs of a trend shift. This is the opening line from our last letter. YES, bullish trend is alive for Solana here. Similar to the majority of the market we still need reclaims higher in order to turn this local trend shift into a macro trend shift.

Daily Chart:

Technical Breakdown: Solana has confirmed the local trend shift using our Trend EQ, and it working on turning the local black AOI into support. If we can get a good bounce off of this level we are targeting higher between $147-$152 at our red AOI.

3 Day Chart:

Technical Breakdown: The 3D chart is still bearish, but a quick bounce above our Trend EQ will validate the macro trend shift that we are looking for. Our current bias is that we will get that trend shift and validate a macro bottom down here for $SOL.

Update: The Altcoin Chart of The Day is $XRP on the 1D timeframe!

Chart: 

Technical Breakdown: $XRP is flashing a common pattern we see in crypto called a deviation. We saw price break down below macro support and quickly reclaim that lost level. If we can get price to regulate back above that level and break the descedning resistance $XRP is back to being bullish in the macro.

Memecoin of The Day

Update: The Memecoin of The Day is $PEPE!

Chart:

Technical Breakdown: $PEPE is validating one of our favorite patterns, a double macro bottom. The recent local trend shift has validated the double bottom and we are biased toward price visiting the topside grey AOI. From there if price can break above and retest as support, $PEPE should be off to the races going much higher form here.