南帝一灯大师
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Today's Review Summary;
Unexpectedly, completely unexpectedly.
The US stock futures showed a clear decline in the early session, but unexpectedly, it rebounded in the evening. However, Bitcoin has not followed suit, which is a bit intriguing. Did you understand?
The US stocks rebounded to reach the gap, and Bitcoin's highest rebound was 94,700 before coming down. It is obvious that they do not want the long positions that bought the dip between 95,000-95,300 to be relieved. Now at 93,500, it has pulled back again, forming new minor cycle support. It feels like a trap deliberately drawn by the market makers; the fluctuation is only 1,000 USD, and the space is too small. I will still wait cautiously in the 92,500-91,500 range. The current situation seems to be a stepwise decline; without seeing a 4-hour lower wick with a pin, there is no rush to catch the bottom.
$ETH Ethereum fooled us again today, spiking briefly before coming down directly. There were no shorts taken around 1,840, and it seems that even if it breaks 1,800 now, it may not stabilize. Is there really no hope for a pump after Ethereum's upgrade? In the past two days, during Bitcoin's pullback process, some funds have clearly shifted to Ethereum. If Bitcoin pulls back to the 92,500-91,500 range next, and Ethereum can stay around 1,750, then it’s still possible to get in. There should be hope for Ethereum to lead the market next; today there was a sign of that, so everyone should keep an eye on it.
$SOL Today I called a short at 147, reaching a target of 143 at the lowest point. For short-term longs, I will continue to wait in the 140-141 range. The resistance zone above for rebounds is between 147-149, where shorts can continue, with stop-loss set at 150-151. We will see if there's any hype around the ETF story; otherwise, it's hard to truly break through 150. After all, there are still many trapped positions in the upper range of 160-165.
$SUI Since the unlocking, it has been consolidating for the past two days, going from 3.7 to a pullback at 3.3, then rebounding to 3.7 for a wave of profits. This morning, it went from around 3.2 to 3.43, and I also profited there. The consolidation is not over yet, and the rebound high is decreasing. Around 3.5, I can short, expecting to see a rebound down to the 3 USD positive threshold.
Next, if Bitcoin pulls back and does not break the 90,000 threshold, brothers can pay attention to the narrative of the ETF and individual coins. I've been watching XRP, LTC, ADA, SOL, DOT, DOGE for the past two days. Some coins have been suppressed since their lows at the beginning of the month and haven't started moving. The funds coming out of Bitcoin these days should flow into some of these coins, and there are also accumulation actions happening, so the brothers and sisters in the spot market can pay attention.
Unexpectedly, completely unexpectedly.
The US stock futures showed a clear decline in the early session, but unexpectedly, it rebounded in the evening. However, Bitcoin has not followed suit, which is a bit intriguing. Did you understand?
The US stocks rebounded to reach the gap, and Bitcoin's highest rebound was 94,700 before coming down. It is obvious that they do not want the long positions that bought the dip between 95,000-95,300 to be relieved. Now at 93,500, it has pulled back again, forming new minor cycle support. It feels like a trap deliberately drawn by the market makers; the fluctuation is only 1,000 USD, and the space is too small. I will still wait cautiously in the 92,500-91,500 range. The current situation seems to be a stepwise decline; without seeing a 4-hour lower wick with a pin, there is no rush to catch the bottom.
$ETH Ethereum fooled us again today, spiking briefly before coming down directly. There were no shorts taken around 1,840, and it seems that even if it breaks 1,800 now, it may not stabilize. Is there really no hope for a pump after Ethereum's upgrade? In the past two days, during Bitcoin's pullback process, some funds have clearly shifted to Ethereum. If Bitcoin pulls back to the 92,500-91,500 range next, and Ethereum can stay around 1,750, then it’s still possible to get in. There should be hope for Ethereum to lead the market next; today there was a sign of that, so everyone should keep an eye on it.
$SOL Today I called a short at 147, reaching a target of 143 at the lowest point. For short-term longs, I will continue to wait in the 140-141 range. The resistance zone above for rebounds is between 147-149, where shorts can continue, with stop-loss set at 150-151. We will see if there's any hype around the ETF story; otherwise, it's hard to truly break through 150. After all, there are still many trapped positions in the upper range of 160-165.
$SUI Since the unlocking, it has been consolidating for the past two days, going from 3.7 to a pullback at 3.3, then rebounding to 3.7 for a wave of profits. This morning, it went from around 3.2 to 3.43, and I also profited there. The consolidation is not over yet, and the rebound high is decreasing. Around 3.5, I can short, expecting to see a rebound down to the 3 USD positive threshold.
Next, if Bitcoin pulls back and does not break the 90,000 threshold, brothers can pay attention to the narrative of the ETF and individual coins. I've been watching XRP, LTC, ADA, SOL, DOT, DOGE for the past two days. Some coins have been suppressed since their lows at the beginning of the month and haven't started moving. The funds coming out of Bitcoin these days should flow into some of these coins, and there are also accumulation actions happening, so the brothers and sisters in the spot market can pay attention.
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