Recently, with Bitcoin's violent surge, BNB maintained a weak position for a long time before starting to rise after Bitcoin broke through 85k strongly.
Yesterday, after Bitcoin surged and then retreated, BNB also spiked upwards, but the pullback was not large. From the perspective of a short-term AB=CD equal-distance profit-taking, the short-term profit target has been achieved. The subsequent large-scale resistance is around 731, and one can choose to take partial profits.
BNB usually experiences significant volatility, especially in the short term due to news impact, and carries inherent leverage. Thus, holding spot is more recommended.
Several Positions to Watch
Support Position
First Position 652 (currently testing)
Second Position 626
Third Position 606
Resistance Position
First Position 692
Second Position 731
Third Position
XRP broke important support at a large scale previously, and is now forming a head and shoulders bottom pattern at a large scale.
With Bitcoin's strong breakout, XRP also strongly broke the descending trend line since hitting a high point. An ETF application has been submitted to CES. It is highly likely to be approved in the future, and as a sponsor before the king of understanding takes office, do not short casually.
The small level has already tested around 2.43. Observe the support in case of another retest. With the increasing expectation of a market pullback, XRP's pullback also needs to pay attention to the price performance of several potential positions.
Several Positions to Watch
Support Position
First Position 2.43
Second Position 2.36
Third Position 2.3
Resistance Position
First Position 2.65
Second Position 2.88
Third Position
PEPE, once a star meme on the ERC chain, has soared since the Ethereum upgrade. It was mentioned in previous live broadcasts that as long as ETH becomes strong, PEPE will only become stronger.
During the previous bottom oscillation phase, there was not much pullback, and it broke through the range upwards without looking back. Currently, it is not recommended to chase highs; when Bitcoin pulls back, altcoins like PEPE will pull back even more fiercely. The strategy of buying low on a pullback offers a better risk-reward ratio.
Several Positions to Watch
Support Position
First Position 1246
Second Position 1150
Third Position 1058
Resistance Position
First Position 1550
Second Position 1673
Third Position 1830
