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2025-08-18

$SharpLink Gaming(SBET)$  $CME Ether - main 2508(ETHmain)$ $SBET (daily) ~ TrendCloud’s mapped out a bullish trigger at $24.50, but it won’t be an easy fight with ETH pulling back in the background.

Tough battle ahead, but that’s the level to watch! A bunch of long positions were liquidated.

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Modified in.2025-08-18
SBET Acquires Nearly 50,000 ETH, Surpassing Ethereum Foundation Holdings
SBET recently acquired nearly 50,000 ETH within just 5 days, surpassing the Ethereum Foundation in total ETH holdings. This significant acquisition raises questions about the potential rise of SBET if ETH reaches $5,000.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Cool Cat Winston
    2025-08-19
    Cool Cat Winston

    Great article, would you like to share it?

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    • Barcode: 
      CCW you didn’t just share, you amplified! 📢 Just like compounding gains, your support keeps growing, and I’m grateful! Cheers to more wins ahead! 📈🍀🍀🍀
    • Barcode: 
      I appreciate you reading my article CCW. Insights are always stronger when they’re part of a broader conversation, and your time spent here adds value to that dialogue.
  • Tui Jude
    2025-08-19
    Tui Jude
    The liquidation flush you mentioned is critical context. I’ve seen similar behavior around $MARA when BTC retraced but momentum didn’t die. SBET’s high float turnover makes $24.50 more than just a number, it’s a conviction zone.
    • Barcode: 
      Exactly, $MARA’s flush was a perfect case study. SBET’s float turnover makes $24.50 a level where conviction either confirms or fails. I’m watching how volume behaves on any retest to gauge if shorts get trapped.
    • Barcode: 
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    • Barcode: 
      I’m grateful you took a moment to go through my post TJ. The more we can exchange thoughtful ideas, the better we can navigate both the opportunities and the risks in markets like these.
  • Hen Solo
    2025-08-19
    Hen Solo
    That $24.50 mark feels like a magnet level, and if ETH recovers, SBET’s chart could mirror the way $PLTR broke past supply earlier this year. Strong float rotation with tight candles can be a dangerous mix for shorts.
    • Barcode: 
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    • Barcode: 
      I like that parallel with $PLTR. SBET’s candles tightening with heavy float rotation is often the precursor to sharp upside. If ETH steadies, shorts could get forced out and we’ll see that breakout scenario accelerate.
    • Barcode: 
      I appreciate you taking the time to read my post HS. Your engagement helps push these market discussions further, and it’s always valuable to exchange perspectives on where we might be in the cycle.
  • Kiwi Tigress
    2025-08-19
    Kiwi Tigress
    I’m fired up about how you mapped this out because $24.50 isn’t just resistance, it’s the line where momentum either stalls or erupts. The ETH pullback makes it tricky but I love the way you tied liquidation flow into the bigger picture because that’s exactly how upside sparks
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    • Barcode: 
      Glad you caught that link between liquidation flow and structure. It’s exactly where conviction battles are won, and with ETH pulling back, $24.50 becomes the key filter to separate noise from a true directional move.
    • Barcode: 
      I appreciate you taking the time to read my post KT. Your engagement helps push these market discussions further, and it’s always valuable to exchange perspectives on where we might be in the cycle.
  • Queengirlypops
    2025-08-19
    Queengirlypops
    I’m all in on this breakdown of SBET because float rotation plus ETH context is exactly the kind of confluence that drives outsized moves. The way you framed $24.50 as a battleground hits hard, and I can see how conviction builds fast if order flow stacks right there
    • Barcode: 
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    • Barcode: 
      That’s it, float rotation plus ETH context is the driver here. $24.50 isn’t just technical, it’s where order flow concentration creates asymmetry. If volume stacks right there, the probability of an explosive break rises fast.
    • Barcode: 
      Thank you for going through my post Q. Every reader who engages with these ideas helps sharpen the market lens we’re all trying to look through together.
  • Reg Ford
    2025-08-18
    Reg Ford
    $24.50’s key.ETH dip might just be a blip!
    • Barcode: 
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    • Barcode: 
      I agree, $24.50 is pivotal. If ETH stabilizes, SBET can reclaim momentum with volume. That dip looks more like a liquidity flush than a breakdown, and positioning around that level could define the next leg.
    • Barcode: 
      🌟 Thanks for reading my article Reg Ford. Having readers who value a thoughtful approach to market structure and risk management makes these discussions worthwhile.
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