Last night, US stocks opened high and then slightly pulled back. With the positive news of tariff easing, they continued to rebound upwards.
Bitcoin initiated a pullback before transitioning into consolidation, with a rebound starting in the early morning after the US stock market.
From the current position, it is not difficult for the bulls to continue pushing towards previous highs or even new highs. Since US stocks have chosen to continue upward, it is very likely that Bitcoin will follow suit. Data will be released at 8:30 PM, and it is advisable to avoid it.
While the bulls remain strong, some profit-taking has started to appear, and the pullback is not significant. If there is no quick return to previous highs in the short term, the pullback expectation still exists, and one can pay attention to the retest near the trendline.
Several positions to pay attention to
Support Position
First Position 101000
Second Position 99550
Third Position 98000
Pressure Position
First Position 105500-106400
Second Position 110000
Third Position 114130
ETH followed Bitcoin's pullback to the expected position and held steady, with a slight rebound during the day. After facing pressure at high levels, it transitioned into a consolidation phase.
Observe the structure and volume during consolidation. A short-term decrease in volume during the pullback is expected, and there hasn't been a significant pullback during this rebound. The view remains consistent with previous statements.
Several positions to pay attention to
Support Position
First Position 2425-2400
Second Position 2289-2300
Third Position 2191-2205
Pressure Position
First Position 2657
Second Position 2743
Third Position 2840-2855
SOL followed Bitcoin's pullback as expected. As long as the narrow consolidation range at high levels is not broken, it maintains a strong bullish trend.
Short-term bull-bear dividing line at 155. If the pullback does not break this position, the bullish trend remains healthy.
Several positions to pay attention to
Support Position
First Position 165-166
Second Position 160-161.6
Third Position 155-156
Pressure Position
First Position 180
Second Position 188.8
Third Position 200
$doge
DOGE tested the previous high point again but did not break it. The short-term high level has transitioned into consolidation with pullback expectations.
The day's rebound shows relatively weaker performance. The view has not changed much from before; weak cryptocurrencies tend to have larger pullbacks. Maintaining a key support level around 0.2 is crucial in the short term.
Several positions to pay attention to
Support Position
First Position 0.222 (tested once)
Second Position 0.211
Third Position 0.2-0.21
Pressure Position
First Position 0.26
Second Position 0.275
Third Position 0.286-0.29
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