How is your mindset?
At this time, do you want to recharge your faith or hear the cold hard truth!
Last night, Alpha once again revealed a black swan, and ZKJ and KOGE crashed!
Today, although the altcoins have shown a slight rebound, everyone should still pay attention to the market risks this week.
Let's take a look at the situation of some altcoins:
1. $SOL: The short-term trend is strong, pay attention to the upper Bollinger Band at $169.61. If it breaks through, it is expected to continue upward, looking at $185–$190. If it loses the support at 155 below, it may go lower.
2. $BMT : The daily chart shows a potential W-shaped reversal, having just reclaimed the 9-day moving average and is now attacking the upward resistance. If it successfully breaks through and stabilizes, it will continue to move up to the 0.16 area.
3. $MKR : Strong continuation of the upward trend, currently successfully breaking through key resistance and turning it into support, showing a typical bullish structure. As long as this area is maintained, the upward trend will continue. If it confirms a pullback without breaking, it may be a new opportunity to go long.
4. $PEPE : Maintaining key support levels, the structure is still healthy. After a brief pullback, it confirmed the retest, and is currently performing well. If it can stabilize and rebound in this area, a new long opportunity may arise; if it loses support, a new round of adjustment will be needed. Pay attention to this key position, as the direction will soon be clear.