Last night, the internal message clearly indicated that BTC needs to pull back to 107,507+, ETH needs to pull back to 2585+, and short positions should be opened in the 2665-2719 range. Last night, ETH peaked at 2680, and BTC peaked at 108,973. ETH's low entry point of 2542 was hit precisely, while BTC did not trigger. If the rhythm is correct, there will be profits; if wrong, there will be constant stop losses. Do not act impulsively or operate blindly!
BTC
Recently, the rise in Bitcoin prices has boosted overall market activity, with turnover rates significantly increasing. Notably, short-term funds that entered the market to buy the dip in the past two days have become the main force exiting, while early holders are maintaining a wait-and-see attitude, further confirming the trend revealed by recent on-chain data: most investors are not sensitive to short-term fluctuations and have strong confidence in their holdings. At the exchange level, the supply of BTC continues to decline, reflecting that more investors prefer to hold long-term and are optimistic about future trends.
From the support structure perspective, there are still over 2 million BTC on-chain chips accumulated in the range of $93,000 to $98,000. Although prices have risen, the chips in this range have not significantly loosened, indicating that market sentiment is relatively stable, without panic selling pressure. Looking forward, attention should be paid to macro-level signals, particularly the Federal Reserve's dot plot to be released tomorrow (Thursday), which may become a key variable for the market's next directional choice.
The daily chart of Bitcoin shows that the short-term candlestick has surged and then retreated, accurately rebounding after a pullback to the moving average, indicating intentional liquidation. Currently, the MACD is contracting, and it may turn upward, likely challenging the $110,000 mark. Short-term pullback should focus on the support level of $106,000.
ETH
In the past month, Ethereum spot ETFs have seen a net inflow every day, but the price of Ethereum hasn't really increased. There are only two possibilities:
1. The data shows an error
2. There are large whales or retail investors continuously liquidating, which has offset the net inflow.
Today's key point analysis for ETH
Currently, the following support ranges for Ethereum (ETH) need to be closely monitored: 2466-2490, 2403, and 2343, with upper pressure at 2719.
Key points are 2542 (need to observe whether it forms a second confirmation support within the day) and 2665 (to verify the effectiveness of the breakout).
Today's market focus is on:
Whether 2542 can effectively stabilize will confirm the short-term bullish defense line;
Can 2665 break through smoothly? If successful, it will open up upward space and test new highs.
Considering the uncertainties brought by the current geopolitical situation in the Middle East, the market may become more cautious. In this context, testing key support and resistance levels is essential. Once the market gives a clear signal, one can try with small positions and act decisively, without hesitation.
The altcoin season didn't come earlier because the on-chain market absorbed speculative funds!
The on-chain market is indeed not lively now; if the altcoin season doesn't arrive soon, it will be hard to find a reason.
Since the beginning of 2025, the total amount of stablecoins has been increasing, but where has this new liquidity gone? Surely some must have entered the market!
My only hope right now is that Bitcoin can hold steady for two months before reaching a new high, igniting a small wave of altcoin enthusiasm—even if it only lasts for three weeks, that would be enough!
Currently, the total market value of altcoins has fallen for six consecutive weeks, just a step away from the previous low. The establishment of this large cycle converging triangle depends on the next 3 to 4 weeks.
If the weekly chart can create higher lows and higher highs, then the altcoin season is still possible;
If it directly breaks below the trend line, it may have to be postponed to 2026. Goodbye...
According to the Financial Times, Sun Yuchen's Tron plans to go public in the U.S. through a reverse merger with the NASDAQ-listed company SRM Entertainment.
After the success, the new company will be renamed Tron Inc., becoming the first publicly listed company in the U.S. focused on holding TRX. At the same time, sources say that Eric Trump, the second son of Trump, will enter the senior management of Tron Inc., while Sun Yuchen will serve as an advisor to SRM to reduce regulatory sensitivity in the U.S.
Although Eric Trump denied participation, market enthusiasm remains high. Meanwhile, SRM's U.S. stocks continued to rise yesterday, closing at $9.19, soaring 533% in a single day.
One good news, one bad news: the good news is that the altcoin season has arrived! The bad news is that the US-Cuba situation is...
