2025.5.11 Early 6:29 BTC/ETH/SOL/DOGE Morning Analysis
Last night the market continued to soar, what can alleviate worries? Only a surge? Initially, Bitcoin rose to 85542 and everyone was indifferent, later Bitcoin rose to over 100000, and everyone thought it had peaked! Little did they know that in the market, every meal is filled with short sellers!
The current wave is temporarily unknown, but many people expect it to drop immediately, which is unlikely. For the past three days, I have continuously reminded you that since it has risen, it will not easily drop, so do not have the mindset of being short!
BTC Focus
Support 98315/97000/95055
Temporary resistance at 110000
At this moment, Bitcoin is in a narrow fluctuation, we will see next week whether it breaks through or retraces. If Bitcoin stabilizes, a certain altcoin starts to violently rebound!
ETH Focus
Support 2403/2343/2212
Temporary resistance at 2851
At this momentum, touching 2851 is basically unavoidable. The strength this time is even stronger than the wave in early November last year. This wave is also the only time this year for retail investors to break even or make a profit!
SOL Focus
Support stabilizing at 167 before entering the large range of 210! Next, we will look at the range fluctuation, following Bitcoin and the second coin continues to move!
DOGE Focus
Holding at 0.18 looking towards 0.23, in the blink of an eye, 0.23 has arrived, so the next target is 0.26/0.3!
Yesterday and the day before, the market was still in a confused state. Today, most people will awaken and start chasing the rise. The power of retail investors and capital chasing the rise is beginning to exert force. If anyone has good stagnating coins, please leave a message for me! Let's study it together!
Operations: Retail investors who have been asleep for half a year are starting to take action, and those waiting to enter the market should accelerate their entry. This wave is too fierce. The question is how we should act: look for stagnating ma30/ma60 golden crosses before previous hot coins, remember it's just about riding a wave. For those that have already broken through, look for opportunities to retrace to ma120. This wave is all aimed at the ma250 line! For those who are trapped, average down and wait for a retracement or breakthrough to chase a bit of position, but do not average down all at once, because after this wave ends, there will definitely be a retracement, it's just a matter of how much. Currently, it's about entering while rising and exiting, belonging to the extreme operation of pushing protection!
Note: Before a one-sided market ends, do not always fantasize that you can profit from both long and short positions. With stop-losses, it’s best to only trade one side! With stop-loss protection, there’s no need to worry about capital loss, so go ahead and trade freely!