The upward trend continues, and the pullback presents an opportunity for replenishing positions. Ethereum's rally comes to a pause, and it's Bitcoin's turn to break upward. The support around 115,000 remains strong, and it's back above 120,000, moving towards new highs. The trend seems to indicate it can reach around 125,000.
After the 8 o'clock line change for Ethereum, it is highly likely to stabilize around the 3720 support. When Bitcoin breaks through, Ethereum will again head towards this year's new high. Currently, it remains unchanged, still eyeing around 4100. The competitive rise of Bitcoin and Ethereum is a characteristic of a bull market; seize every opportunity of a pullback to replenish positions.
After NEIRO suggested reducing positions around 0.0006, support is at around 0.00052. In yesterday's dip, it reached a low of 0.000515, breaking this level. A more reliable support below is around 0.00049. Friends who reduced their positions can wait for this level to replenish, while friends who are out of the market can enter around 0.00052.
PNUT mentioned support around 0.3 a couple of days ago. This round of retracement touched a low of 0.306 and then started to rebound. There’s also support around 0.26 for DOGE, which has shown a rebound after stabilizing support. These supports are all good entry points.
Now that SOL has risen, if you haven't bought it, don't chase the price increase. The resistance is around 220, which is not cost-effective and has a long time cycle. It’s better to focus on its ecosystem. PYTH, TNSR, JUP, JTO, RAY, etc., can all be considered for a stealth entry. The WIF we are stealthily entering is also part of the SOL chain.
Recently, tariff issues have been mentioned again, but the market has developed a certain degree of immunity, not enough to cause significant volatility. Pay attention to whether the Federal Reserve will cut interest rates at the end of the month. If they do not cut, it aligns with market expectations; if they cut early, it may ignite a significant market movement.
