2025.5.17 10:29 AM BTC/ETH/SOL/DOGE Market Analysis
Happy weekend, brothers! This morning, the market was pressured and quickly fell back due to Moody's downgrade of the U.S. sovereign rating and Trump's claims of potential new tariff rate changes. Now we can find opportunities for long positions!
BTC Focus
Support 98500/97200/93911
Resistance temporarily set at 110000
Many partners asked, why are the support levels recently set below 100,000? This is due to repeated fluctuations at high levels, and we must be cautious with our support and resistance levels. However, we can find long and short opportunities based on the upper and lower bounds of the range. This is also the focus of this week's video analysis!
ETH Focus
Support 2403/2343/2285
Resistance temporarily set at 2851
I have always felt that ETH will eventually touch 2851 in this wave, but at this moment, we may need to lure enough shorts to get on board; it will take time to accumulate sufficient liquidity! The idea is consistent with BTC: just look for opportunities at the upper and lower bounds!
SOL Focus
Support 150/133/109
Resistance temporarily set at 180
The key point at this moment is 167; we need to focus on whether 167 can hold this weekend!
DOGE Focus
Support 0.18/0.1515
Resistance 0.23/0.26
Regarding DOGE, be patient and wait for the pullback!
Remember, the core idea of this week's video is that both long and short positions can be taken. Look for short opportunities at the upper bound during rebounds, keep a good base position, wait for a drop to the lower bound, and look for signals of a reversal to go long! If the level is broken, just change your strategy accordingly!
In terms of operations: focus on BTC and ETH for contracts, and patiently wait for BTC's directional choice and daily candlestick level pullbacks for altcoins!
Market news is rampant, and the fierce competition in candlesticks often appears in two phases: one when the market distributes chips and another when the market collects chips. Through the double hit of candlesticks and news, retail investors are continuously pressured to give up chips or go all in, thus completing the turnover with the main force and maximizing their profits!