#ETH
《Trend Changes — Current Market Analysis》
Tariff issues have stalled the upward momentum, and many significantly increased counterfeit products have also seen notable corrections. The current market presents both opportunities and risks. Even if you are temporarily in a loss position, do not easily sell your assets. In the second half of the year, the Federal Reserve will start to cut interest rates and inject liquidity, and the current prices are likely at relatively low points. What we need to do now is to sell high and buy low to acquire more assets.
The trend for Bitcoin seems to face resistance around 109700, entering a corrective phase. This weekend, it has experienced slight fluctuations. From the daily perspective, as long as Bitcoin does not fall below the mid-line of 104000, the upward trend remains intact.
Ethereum's volatility is slightly larger, and it has mainly experienced slight fluctuations this weekend, with support around 2480. Before this, there is also a weak support around 2540. The 4-hour MACD shows promise for a golden cross. If Ethereum can stabilize again at 2600, the market repair will be good. The daily chart for Ethereum is also turning upwards. Hold your assets well, and don’t get shaken out.
A few days ago, I recommended JUP, which began to correct after reaching the resistance at 0.63. The area around 0.55 is a good entry point. For those without a position in DOGE, the current price is also a good entry point. Manage your positions well and patiently wait for the market to arrive.