Ethereum 'Death Cross' JUST FLASHED! (Your Portfolio Is At RISK!)
🎯 Summary
Podcast Episode Summary: Ethereum ‘Death Cross’ JUST FLASHED! (Your Portfolio Is At RISK!)
This 55-minute episode of Discover Crypto hosted by DZ focused heavily on immediate technical analysis of Bitcoin and Ethereum, interpreting recent market signals, and discussing broader market structure trends, all delivered with a highly energetic and informal style.
1. Focus Area: The primary focus was Cryptocurrency Market Analysis and Technical Trading, specifically analyzing the implications of the Ethereum (ETH) “Death Cross,” Bitcoin (BTC) price action, and the potential for an upcoming “Alt Season.” Secondary topics included specific altcoin movements (Say, Pi), major exchange listings (Coinbase), and emerging trends in institutional investment.
2. Key Technical Insights:
- ETH Death Cross Interpretation: The two-week ETH chart flashed a Death Cross (22-week EMA crossing below the 52-week EMA) for the first time since 2022. Historically, this preceded a 40% drop, but the host argued that measuring from the candle bottom instead of the top suggests a smaller potential drawdown (~17%). The conclusion was that this is a mental consolidation signal, not a sell signal, due to the massive upside opportunity missed in 2022 (nearly 4x gains followed the last cross).
- Bitcoin Bull Flag Projection: BTC price action is forming a classic bull flag pattern. Based on technical analysis (TA) drawing methodology, a breakout from this flag suggests a potential target of $144,000 to $150,000 for Bitcoin.
- Altcoin Compression: Analysis of charts (citing TechDev) indicated that altcoin market compression is at a record high. This extreme contraction suggests that the subsequent expansion (Alt Season) could be historically significant, implying that selling altcoins now due to the ETH Death Cross is premature.
3. Market/Investment Angle:
- HODL Trend Confirmation: Bitcoin’s illiquid supply has climbed to over 14.37 million BTC (72% of circulating supply), indicating strong long-term holding behavior from both long-term investors and institutions (like BlackRock).
- Coinbase Stock as an Altcoin Leading Indicator: A correlation was observed where Coinbase (COIN) stock price movements tend to precede moves in the Total Altcoin Market Cap (Total 2), suggesting smart money accumulation in COIN might signal an impending altcoin surge.
- July Bullishness: Historical data for the Nasdaq suggests that July is historically a very bullish month for tech stocks, which may correlate with a positive sentiment shift for crypto entering the summer months.
4. Notable Companies/People:
- Ethereum (ETH): Central focus due to the Death Cross.
- Bitcoin (BTC): Analyzed for its HODL supply and bull flag pattern.
- Coinbase (COIN): Discussed as a potential leading indicator for altcoin market health.
- BlackRock: Mentioned in the context of increasing institutional HODLing of Bitcoin.
- Say & Pi Network: Briefly mentioned as coins that saw unexplained pumps during the broadcast.
- Drew (Blockchain Basement): Referenced as a collaborator/peer whose content is also valuable.
5. Regulatory/Policy Discussion: The host briefly mentioned upcoming new mortgage rules changing everything about crypto, suggesting regulatory shifts are impacting how crypto assets interact with traditional finance, though no specific details on the rules were provided.
6. Future Implications: The overall sentiment is cautiously bullish for the medium term, provided Bitcoin leads the charge. The confluence of record altcoin compression, strong BTC HODLing, and potential COIN stock signals suggests that despite short-term bearish indicators like the ETH Death Cross, the market is coiling for a significant upside move, likely favoring altcoins later in the cycle.
7. Target Audience: Active Crypto Traders and Investors who rely on technical analysis (TA), moving averages, and cycle theory to make short-to-medium term positioning decisions. The content is too detailed for casual observers.
🏢 Companies Mentioned
💬 Key Insights
"And so this is going to be a huge, huge win for crypto. This is a little bit hard to describe how big this is going to be. I would say this is very bullish."
"William Polte, he said, 'Prepare a proposal for the consideration of cryptocurrency as an asset, cryptocurrency, not Bitcoin, as an asset for reserves in the respective single-family mortgage loan risk assessments without conversion of said crypto to US dollars.'"
"Fannie Mae, Freddie Mac to consider crypto for mortgages. It's coming from the FHFA, which stands for Federal Housing Fart Coin Agency."
"disturbingly, our law enforcement team found that almost all of the transactions we referred involved victims rather than criminals."
"These miners have sold only 150 Bitcoins so far in 2025. 2024, they sold 10,000 Bitcoin."
"Large miners are adding to the reserves while the oldest participants have slashed sales compared to 2024."