The Crypto Index

April 09, 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 is still trading within the strong down trend that is present within all markets globally. It’s important to note that while the downtrend is strong and alive, we are pivoting a bit into monitoring a potential bottom down here because of a few indicators.

Daily Chart:

Technical Breakdown: The $BTC daily has yet to tag the macro level highlighted by our grey AOI. This would definitely be a common sense level to at least see bitcoin tag and potentially put in a bottom at. Any price action sustained below it would be a very bearish macro signal.

3 Day Chart:

Technical Breakdown: Looking at the 3D chart we do have the very beginning signal of a macro bull div. While it is not set in stone yet, it’s important to monitor closely to watch for confirmations of a bottom signal.

Ethereum

Update:  $ETH continues lower while simultaneously moving into one of the most important support levels to date. In our opinion, this is one of the last levels of hope for a recovery or bounce for $ETH here.

Daily Chart:

Technical Breakdown: ETH has reached our downside AOI while RSI is historically incredibly oversold. Typically, this is the recipe for a bottom, there are not current signals hinting at a confirmed bottom yet, but we are watching closely for high volume in case we get a solid bounce.

3 Day Chart:

Technical Breakdown: The 3D macro $ETH chart highlights how important this support level is, a break down below it here would trigger price to head much lower to previous bottom support. This is a very important line in the sand for $ETH bulls here.

Solana 

Update: $SOL is continuing in the market wide downtrend as well, flashing some early bullish pivot signals. Again, nothing confirmed yet, but we are in the opinion that it’s time to start looking for bottom signals not bearish continuation here.

Daily Chart:

Technical Breakdown: Solana broke below the previous macro support and has not yet visited the macro grey downside AOI. This lower level is definitely in play and we would not be surprised to see price visit this level at all. If we go that low it would be a good spot to look for a bottom.

3 Day Chart:

Technical Breakdown: The 3D chart gives a better picture into an early bull div signal that would be even more validated with a wick down into the lower grey AOI. This timeframe is the one we are most focused on to look for that confirmation on a solid base for a potential bottom.

Altcoin Chart of The Day

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

Chart: 

Technical Breakdown: $ADA has broken down past the red AOI and has tapped into our macro support area (grey AOI). This is the the area we have mapped as having the most high probability for a meaningful pivot. Any sustained breaks below it and we will target much lower.

Memecoin of The Day

Update: The Memecoin of The Day is $FARTCOIN!

Chart:

Technical Breakdown: As global markets capitulate off of tariff announcements, it’s absolutely incredible to see $fartcoin holding up as one of the most bullish assets in any market. We are using our simple trend EQ as the line in the sand for bullish continuation. If the broad market gets some relief, we could see fartcoin rally way harder because of how well it has held up during the downtrend. Price below our trend EQ with a red trend flip would trigger a bearish bias, while price staying above in the green will most likely lead to further bullish price expansion.