Everyone Thinks Crypto Is Dead (Are They Wrong?)

Summary

In this update, Maine provides a detailed analysis of Bitcoin, Ethereum, and Solana, focusing on key support and resistance levels, order blocks, and potential trade scenarios. He emphasizes patience, risk management, and waiting for confirmation before taking bullish positions, highlighting possible bounces, lower highs, and higher-lows formation. Maine breaks down both bullish and corrective scenarios, showing how BTC’s behavior influences ETH and SOL setups. Mixing technical insights with humor and motivation, he encourages traders to stay disciplined, mark critical levels, and formulate trade ideas based on evidence, not hype, while remaining prepared for multiple outcomes in the crypto market.

Takeaways

• 📈 Bitcoin is bouncing near expected support levels, and Maine has not flipped bearish yet, awaiting confirmation of a sustained move.
• 🟢 Key support levels for Bitcoin include the 2024 all-time high and a weekly bullish order block that previously caused significant upward movement.
• ⚖️ Maine’s trade thesis relies on retesting prior highs as an SR flip, assuming support holds for a potential bounce or higher low formation.
• 🔍 Short-term bearish signals exist (sweeps and structure breaks), but higher timeframe context indicates that support is likely to hold.
• 💡 Possible Bitcoin scenarios: reclaiming the range low (~$111–112K) for a bounce, or dipping to ~$104–105K, offering a long opportunity.
• 🚀 Ethereum (ETH) is retesting a 12-hour demand zone and presents long opportunities depending on Bitcoin’s price action, targeting new highs (~$5K+).
• 🪙 Solana (SOL) remains in higher low territory; trade direction depends on Bitcoin’s movement, with targets around $220 or a potential retest near $190.
• 📊 Maine emphasizes using higher timeframe analysis down to lower timeframes to find logical reasons to take long positions in key zones ('gray boxes').
• 💪 The focus is on framing trade ideas based on SR flips, sweeps, and structure breaks, rather than predicting long-term market tops or bottoms.
• 🏆 Maine is ranked #5 on the Thread Guys CT tier list in crypto Twitter, highlighting his influence and market insights.
• 🌟 Motivational takeaway: work hard to achieve remaining 2025 goals, as the markets will remain opportunities for disciplined traders.
• 📌 Engagement reminder: liking, commenting, retweeting, and using provided discount codes helps support Maine’s content and community.

Q & A

What is Maine's overall sentiment on Bitcoin in this video?

Maine remains cautiously optimistic, viewing current levels as potential support. He is not flipping bearish yet and is watching for an SR (support/resistance) flip to confirm a bullish scenario.

Which key Bitcoin levels does Maine identify for support and resistance?

Key support levels are the 2024 all-time high (~111–112k) and the weekly order block, with potential lower support around 104–105k and a deep weekly zone near 100k. Resistance is at prior highs and levels created by bearish order blocks.

What scenarios does Maine outline for Bitcoin's next moves?

Scenario one is bullish, where Bitcoin forms a higher low and could have one more parabolic leg. Scenario two is a deeper dip to 104–105k before bouncing. The immediate direction depends on whether the current support holds or fails.

How does Maine suggest traders approach Ethereum based on Bitcoin's behavior?

If Bitcoin holds/reclaims support, ETH could break above its 12-hour demand and aim for $5k or higher. If Bitcoin dips to 104–105k, ETH may drop 5–7% to a weekly order block, which Maine considers a strong long setup.

What is Maine's analysis for Solana's potential movements?

SOL is in higher low territory. If Bitcoin moves bullishly, SOL could target $220. If Bitcoin corrects deeper, SOL could dip to around $190, which Maine views as a key support for a potential long trade.

What is Maine's approach to forming trade ideas?

Maine focuses on high-probability support zones (gray boxes), waits for confirmation such as structure breaks or reclaiming levels, and uses multi-timeframe analysis to identify entry points. He prioritizes the most likely next directional move rather than predicting long-term outcomes.

Why does Maine emphasize SR flips and order blocks in his analysis?

SR flips indicate potential support turning into resistance or vice versa, providing insight into price behavior. Order blocks highlight areas of strong buying or selling pressure, helping frame trades with high probability of success.

How does Maine view the current bearish sentiment in the market?

He acknowledges that many traders are bearish after a recent structure break but encourages using chart context to spot contrarian opportunities. He believes that support areas could provide bounces, even amid bearish sentiment.

What is Maine's advice for traders when prices appear to break down on lower timeframes?

He advises looking at higher timeframes and historical levels to understand the context. Even if it looks like a breakdown on a lower timeframe, price may still be entering a support zone where a bounce is likely.

What are Maine's key trading rules mentioned in this video?

Key rules include: mark support and resistance areas, use multi-timeframe analysis, wait for confirmation (structure break or reclaim), focus on immediate likely moves, and look for reasons to go long within identified high-probability zones.

How does Maine incorporate risk management into his trading strategy?

He recommends setting stops below deviation points, key lows, or weekly order blocks. He focuses on well-defined support zones and uses these to frame trade entries, aiming to balance risk with potential reward.

What is Maine's perspective on predicting long-term market tops or bottoms?

Maine avoids making long-term predictions. He emphasizes observing price action to determine the most likely next direction and forming trades based on immediate market structure and support/resistance dynamics.