The Crypto Index

April 15, 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 still alive locally. We are fighting a trend shift break in the macro, but local trend has confirmed a shift. The next upside level is very important in confirming where will we go in the macro, let’s dig in…

Daily Chart:

Technical Breakdown: The $BTC daily is still trading above our TrendEQ and candles are green, until that breaks we are bullish locally. In order to confirm a larger move we are looking for a break of the upside level at $88,000 dollar BTC.

3 Day Chart:

Technical Breakdown: Looking at the 3D chart, we have still not confirmed a bullish trend break above the TrendEQ. This is the signal we are waiting for in order to really have a confirmed macro shift in trend. The second we get a closed candle above that level, it’s game on.

Ethereum

Update:  $ETH is lagging, but there is still a move brewing. As long as the broad market continues up, ETH is bound to follow. No confirmations of trend shift yet, but lets dig into what we need to see to validate a shift.

Daily Chart:

Technical Breakdown: ETH is still respecting the bounce off of our lower level, but there has not been a convincing move off of that level yet. We NEED to see trend shift above our TrendEQ in order to confirm a bullish shift. After that, we need price back above $1,839. Until then it’s best to be weary of this small bounce.

3 Day Chart:

Technical Breakdown: The 3D chart shows uncertainty below $1,839. There is no speculation until we can validate a move above our red AOI, or a breakdown below the black macro support level.

Solana 

Update: $SOL is showing signs a bullish price action, but much like the broad market we need to see confirmations higher. Yes, we have a good start for local confirmations, but we are not out of the woods yet for a confirmed bottom.

Daily Chart:

Technical Breakdown: Solana has confirmed the local trend shift, and the largest driving factor for being bullish here is the large bullish divergence build up. Price back above $140 is what we are looking for to confirm this macro bottom and validate targets way higher.

3 Day Chart:

Technical Breakdown: The 3D chart trend is still technically bearish, but the macro bull div present is something we can have confidence in. If we see price move higher and flash that trend shift we are looking for, it’s time to have a bullish macro bias on $SOL.

Update: The Altcoin Chart of The Day is $LINK on the 3D timeframe!

Chart: 

Technical Breakdown: $LINK is still respecting the macro support level drawn on are chart, so as long as price stays above that level we can still have a bottom bias. The signal for a validation here is price shifting above the TrendEQ giving us the classic bullish trend shift.

Memecoin of The Day

Update: The Memecoin of The Day is $FWOG!

Chart:

Technical Breakdown: $FWOG local trend has shifted bullish. Fir any sustainable move to continue here we need price to jump above the topside of our grey AOI shown on the chart. Until that validates it’s best to remain neutral until we get that confirmed break.