2534.610
Today
+0.38%
5 Days
+3.64%
1 Month
+35.01%
6 Months
+22.82%
Year to Date
-14.81%
1 Year
-42.49%
TK Alpha generates a daily timing score ranging from -100 to +100 and maps it to long, flat, short, or leveraged positions. The score reflects both the strategy’s directional view and the strength of its target exposure.
The TK Alpha Gauge is a proprietary, comprehensive daily updated indicator developed by Tradingkey that reflects our outlook on specific financial instruments. Utilizing a long-proven AI framework, the index analyzes hundreds of proprietary price-volume, fundamental, and alternative data predictors. Values range from -100 to 100. Negative values signify a bearish (pessimistic) outlook, while positive values indicate a bullish (optimistic) stance. The further the value from zero, the stronger the quantitative signal. It provides quantitative insight into directional forecasts.


The configuration is negative.
above 2,536, look for 2,566 and 2,583.
The downside prevails as long as 2,536 is resistance, with 2,475 and 2,457 as targets
• Ethereum capital expansion was driven by ETF inflows and derivative short squeezes. • Institutional demand and locked staking supply contracted available secondary exchange liquidity. • Technical indicators show neutral MACD and RSI alongside a Williams %R buy signal.
Ethereum (ETH) briefly surged above $2,600 on Friday, reaching its highest level since January, despite the consumer inflation print strengthening rate hike expectations.
• Institutional accumulation and spot ETFs fueled capital inflows into Ethereum. • Staking records and falling exchange reserves reduced immediate sell pressure. • Technical indicators show neutral to buy conditions for Ethereum.
The broader cryptocurrency market is rising on Friday, with Bitcoin (BTC) trading above $77,000 after testing lower support near $76,500. Ethereum (ETH) shows signs of stability, hovering above the support provided at $2,400 despite capped upside at $2,500.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) remain under pressure on Friday as the broader cryptocurrency market extends its losses over 4%, 2.5% and 5%, respectively, this week.
Ethereum (ETH) is down 0.7% on Thursday as the second-largest cryptocurrency looks to recover from earlier pressure following the release of stronger US inflation data.