The Crypto Index

April 21, 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 has given the macro bullish trend shift that we have been looking for! Let’s dig in…

Daily Chart:

Technical Breakdown: BTC is currently breaking local resistance (red AOI) and giving us the macro trigger we have been looking for. We want to see this daily candle close above the current resistance level for confirmation. If we get that closure we are looking at upside targets as high as $95k.

3 Day Chart:

Technical Breakdown: Looking at the 3D chart, we finally have the bullish trend shift! Price has jumped above our TrendEQ and candlesticks are green. This is the macro bullish trigger we have been talking about for some time now.

Ethereum

Update:  $ETH is flashing a bullish signal as the market grinds higher. Even though it’s still lagging, there is a huge opportunity in Ethereum here…

Daily Chart:

Technical Breakdown: ETH just flashed our bullish trend shift signal on the daily. Now we want to see price jump above our TrendEQ and push towards the red upside AOI. IF we can get back above that level we have a macro shift.

3 Day Chart:

Technical Breakdown: The 3D chart is still showing demand at our lowest support level marked by the black AOI. We are bullish from here and expect a price jump above our red AOI to give the confirmation for longs.

Solana 

Update: $SOL bulls are definitely back and price is grinding higher. Let’s dig into what happens from here…

Daily Chart:

Technical Breakdown: Solana bulls are pushing price higher, but it’s important to watch this grey AOI/resistance for a rejection. The signal we are looking for in order to have continuation is a reclaim of this AOI and a backtest to turn it into support.

3 Day Chart:

Technical Breakdown: The 3D chart shows a macro bullish trend shift and price back above our TrendEQ. We are bullish on $SOL in the macro and watching for this current resistance level to break.

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

Chart: 

Technical Breakdown: We highlighted this long set up on $AVAX in a previous letter, and now we are seeing it play out. The bullish divergence is valid and we have upside targets around $27 bucks. If you saw this set up in the previous letter congrats!

Memecoin of The Day

Update: The Memecoin of The Day is $PEPE!

Chart:

Technical Breakdown: $PEPE is validating the long set up we gave in a previous letter as well. Longs are valid and we have upside targets at the topside grey AOI. Simple set up, easy to spot! If price cuts through the grey AOI, we will adjust our targets higher.