The Crypto Index

April 17, 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!!! We are starting to get macro confirmation of a bullish trend shift. Let’s dig in…

Daily Chart:

Technical Breakdown: The $BTC daily Is confirming a bounce off of our TrendEQ while candles are showing a strong green trend. Our first upside target is highlighted by our grey AOI, if we break above that we target higher at the second grey AOI. It’s time to be bullish $BTC.

3 Day Chart:

Technical Breakdown: Looking at the 3D chart, we are waiting for a green trend shift for macro confirmation of trend. The double bottom is confirmed here, now we want to see price action break above our TrendEQ and sustain trend in the green.

Ethereum

Update:  $ETH is still lagging which presents unique “catch up” trade opportunity if the market keeps up. Funds are buying $ETH and we think it’s not something to ignore here.

Daily Chart:

Technical Breakdown: ETH is just now starting to turn upwards while still respecting the bottom macro support level. Our upside target is the RED AOI, but that is also our line in sand for a bullish trend break. Above that level and we target much higher.

3 Day Chart:

Technical Breakdown: The 3D chart shows the very beginning of the macro bottom here for $ETH. Downside risk is low and upside risk is great. In other words, risk favors upside here for $ETH and we are bullish.

Solana 

Update: $SOL has confirmed a bullish shift locally! Monitoring this bounce and looking for reclaims higher is the number 1 priority from here.

Daily Chart:

Technical Breakdown: Solana daily trend is bullish and we are getting a confirmed bounce off of the TrendEQ. Our first upside target is marked by the grey AOI, and our second upside target is marked higher. Bullish trend is here!

3 Day Chart:

Technical Breakdown: The 3D chart shows a confirmation of bullish trend in the macro! This is the very beginning of this shift so it’s important to know your downside risk is low. Even more confirmation comes with reclaiming higher levels from here.

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

Chart: 

Technical Breakdown: $XRP is still respecting this pattern drawn on the chart above. As long as the downside red AOI holds as support, we are looking for a break of that diagonal trend line for confirmation that bulls are back and in control of the asset.

Memecoin of The Day

Update: The Memecoin of The Day is $PEPE!

Chart:

Technical Breakdown: $PEPE is flashing a high conviction signal. The double bottom is confirmed and we have higher targets at the topside grey AOI. If price can break through we adjust our targets way higher and draw out the levels for the next range.