What the market fears most right now is not missing opportunities, but overthinking and getting emotionally carried away.
Some say, 'As long as bulls don't die, bears won't stop.' This statement is particularly apt in the current market. There are still too many people obsessed with the notion that 'the bull market will return', which precisely indicates that the bulls won’t come easily. If everyone could profit, there would be no 'big players' in this market.
The true bottom is not the limit of the price, but the limit of psychology. Don’t rush to catch the bottom; wait for the trend to truly strengthen, and opportunities will naturally emerge.
Looking at ETH, its performance has been weak over the past few years. Even with Bitcoin hitting new highs, it shows no performance. After this round of double explosions in bulls and bears, it again shows its unstable 'coin nature', being repeatedly harvested by the main force. Currently, ETH is at 2,252, just 12% away from the key psychological level of 2,000. Under the dominance of risk-averse sentiment, further declines are not impossible.
Data shows that around 2,239 there is nearly $59 million in bullish liquidity gathered, which may face further selling pressure in the short term. If market confidence remains low, compounded by unresolved geopolitical risks, ETH may drop towards 2,200 or even 2,000. In the short term, closely monitor the behavior of large players, changes in funding rates, and the impact of macro news on sentiment.
What should be done now is not to speculate, but to wait.
XRP's thrilling rebound has initially established a bullish channel in the short term.
After experiencing sharp fluctuations, XRP welcomed a strong rebound. Last night, a large amount of selling pressure suddenly emerged, causing the price to quickly drop from $2.147 to $2.011, with a daily decline of over 6%, and the trading volume surged to 163 million, indicating that the market experienced significant downward pressure in a short time. However, after this sharp drop, XRP quickly stabilized and started a recovery trend, forming a short-term upward channel.
From the market perspective, the $2.079, $2.082, and $2.083 levels have all constructed a clear bullish defense area, with buying power stabilizing and market sentiment gradually recovering.
Currently, the support range has stabilized between $2.011 and $2.042, while resistance is concentrated around $2.089 to $2.090. If the bulls can effectively break through this suppression zone, it will open up greater upward space.
Overall, #XRP has already constructed a bullish structure in the short term, continuously rising above key support, with buyer sentiment gradually warming up. The key now lies in whether it can effectively break through the resistance above and continue this upward channel.
The short-selling strategy of TON has been precisely realized, perfectly interpreting the technical structure.
#TON's bearish trend is almost a textbook interpretation. It encountered a clear rejection at the trendline resistance and then quickly fell back, just as expected. This wave of decline requires no excessive interpretation—the structure itself is already very weak, with a lack of strength in the rebound and a definitive rejection, leading to an explosion of bearish momentum.
Before seeing clear strong signals, maintain a bearish mindset. The next support level is our target. At this point, the best strategy is to patiently hold positions and tighten stop-losses, allowing the market to complete this wave of trend release on its own.
Hype has seen a strong short-term surge; beware of high-level fluctuations and pullbacks.
#HYPE observed from the 4-hour chart shows that the price has slightly retreated from a high of $39.01, with Bollinger Bands expanding, indicating a rebound in market volatility, and the short-term market may face sharp fluctuations. The upper band has risen to $39.68, while the lower band has moved up to $32.65, suggesting that adjustment space is gradually opening up.
The short-term RSI has slightly retreated to 69.45. Although it is still in a strong zone, it is approaching the overbought area. Overall, intra-day funds continue to push higher, but high-level fluctuations are evident. If bulls cannot sustain momentum, the possibility of a technical pullback in the short term cannot be ruled out. Continue to pay attention to the evolution of the fluctuation range and whether buying strength is sustained.
That's all for the article! If you're feeling lost in the crypto world, consider planning and harvesting with me!