2025.5.12 Early 6:39 BTC/ETH/SOL/DOGE Market Analysis
Good news, Bitcoin breaks 100,000, Ethereum breaks 2,000, bad news is I haven't gotten in yet! This should be the true reflection of many people last week!
This wave of strong counterattack does not give market confidence in terms of price, but tells the market that there will definitely be a demand for rebound after continuous declines, this market has both rises and falls, both have opportunities, sweeping away the gloom of nearly half a year of continuous decline!
BTC Focus
Support 97,250/93,911/91,700
Pressure tentatively set at 110,000 previous high
In fact, currently Bitcoin only needs to twitch to break the previous high, but before breaking the previous high, it needs to attract enough liquidity to get on board to be meaningful, otherwise the price will pull empty, then it will really become the main force solving the retail investors' positions, this week is very critical, whether this month can continue the trend depends on this week's repair!
ETH Focus
Support 2,403/2,343/2,285
Pressure tentatively set at 2,585/2,851
Last week the first wave charge at 2,585 was suppressed down, this week focus on the strength of these two support levels 2,403 and 2,585 for long-short conversion! It is normal for the market to take a break, do not fantasize that every day is a one-sided market!
SOL Focus
Support 133/109
Pressure tentatively set at 210
The key point at this moment is whether the support strength of 163-167 can stabilize, focus on this week!
DOGE Focus
Support 0.2/0.18/0.1515
Pressure tentatively set at 0.26/0.3
Key point 0.23, the consolidation at this position helps to continue the subsequent long-short game power!
Operations: Look for daily K-level breakout strong coins, patiently wait for pullbacks, look for those hot coins still lying around MA30/MA60 to see if there are opportunities! For ultra-short contracts, take small positions with stop losses in areas without patterns, ensuring the safety of the principal, eating small profits is the guide for ultra-short operations, at this moment heavy trading will definitely be ambushed, it's not a good suggestion!