In my opinion, the cryptocurrency market has never been a game in a greenhouse; it is a place where the brave dare to fight and dreamers dare to venture. Once you step into this market, don't think about retreating; only by charging forward is there an opportunity. Every challenge brought by fluctuations is a ladder to break through oneself; every bit of gritting one's teeth in persistence is a footprint closer to the goal. Show the courage of a warrior, and brave the waves of ups and downs; there will always be rewards that belong to you.
Looking at the 4-hour chart, the long bearish candlestick from this morning is crucial. After being pressured from the upper track, it has been corrected all the way down. Fortunately, it has stabilized above the middle track, forming a clear oscillating consolidation pattern. This bearish candlestick has a full body and a short lower shadow, indicating that the bearish power in the early session is indeed dominant. However, after touching the support of the middle track, there are also signs of a slight rebound.
Looking at the 15-minute minor trend, a small head and shoulders bottom pattern has vaguely formed during the correction process. If the right shoulder is successfully constructed and can effectively break through the neckline, it may initiate a new round of upward momentum. But there is a detail to note: the KDJ indicator is currently still below the 50 midline, indicating that the market has not completely escaped the weak pattern.
I won't lead fans into a blowout, and I certainly won't blindly open positions. It’s all about seeking victory steadily, progressing step by step; those who want to reap the rewards, hurry up and get on board!
SUI TURMP BONK PEPE OM SOL PNUT NEIRO
