Bitcoin has seen a slight adjustment, are new opportunities emerging?
Bitcoin experienced a peak and then a pullback yesterday, and it was also mentioned that there would be a retracement this week. This retracement is not a trend reversal; it is just to fill the gap below this week. Currently, the price movement aligns with the expected scenario, and after the gap is filled, we will continue to maintain a bullish outlook. The upper resistance remains unchanged, continuing to focus on the price around 126,285. Observing today's market, a bearish candle has appeared, indicating a slight further pullback is expected, but this won't last too long before a rapid rebound. Therefore, just pay attention to the support around 115,000.
Ethereum is also showing limited retracement based on the current trend. Given the current market sentiment, it is unlikely to provide us with low-cost entry opportunities, so we need to seek opportunities to enter at suitable points.
Solana is facing pressure from the moving averages, and it is normal to see another pullback here. Only after a slight adjustment can it rise better, so hold patiently; chasing highs is not recommended!
XRP, according to the current trend, is expected to rebound quickly after this wave of decline; it poses no significant risk. If you entered at a low point, hold on with peace of mind and wait for new high prices to emerge.
BGB has been mentioned many times, and since there hasn't been much market activity, there isn't much important information to discuss. The only thing to do is to wait and hold long-term; the second half of the year shouldn't be too bad. For now, we continue to see fluctuations! Fluctuations! Fluctuations!
Dogecoin's adjustment is relatively healthy, and the pullback is above the support line, so it doesn't pose any significant impact. It is recommended to continue holding. Consider reducing positions only if it breaks below the 0.18 support; otherwise, maintain patience while it stays above 0.18. There are no short-term issues.