🐶 Dogecoin (SHIB) hasn't collapsed yet! Hold the key support, is the rebound signal coming? #SHIB
Recently, the entire market seems to be in a 'continuous decline', and many friends have started to worry about whether Dogecoin is about to 'add a zero' again... but! Don't rush to get off the car, this wave of SHIB has indeed given some different signals 🔍
📉 It has indeed fallen, but it has held!
A few days ago, SHIB retraced to about $0.00001200, which is a super critical level! Not only is it a common support point technically, but it also overlaps with the previous bottom area from the retracement from $0.00001500, with multiple technical lines clustering here, making the foundation very solid.
More importantly, the price has rebounded at this level ✨ It seems like a 'local bottom' is about to form. Especially since several technical indicators are also starting to warm up, such as the Wicks indicator beginning to reject further declines, indicating that the price is unwilling to go down, and the market is trying to stabilize.
📊 RSI has rebounded from the oversold zone, are the bulls starting to quietly exert strength?
The RSI indicator has been hovering around 39 for a while, and everyone knows that once it drops to this level, it should be 'down enough'. Now it is starting to turn upwards, indicating that the market's selling pressure is not that strong, and sentiment may be about to reverse 🔄
🧠 Here comes the key point of the technical aspect!
Speaking of whether the rebound can go far, we still need to look at several key moving averages:
The 50 EMA ($0.00001315) is a target that must be conquered in the short term; breaking it means the bulls regain dominance;
100 EMA ($0.00001330) and 200 EMA ($0.00001430) are higher-level resistance lines. If there is hope for a surge later, these two barriers must be passed.
Once it stands above these EMAs, the market may not just experience a small rebound, but actually return to the rhythm of $0.00001500, just like the rhythm of mid-July is not a dream 🚀
🐳 Are whales asleep? Trading volume is still normal.
Although there haven't been too many large transactions on-chain recently (whales seem to be on vacation 🐋), the overall trading volume is neutral, with no panic selling, meaning that everyone remains calm and there is no 'jumping off the car' trend.
Moreover, structurally speaking, SHIB is currently still in a relatively healthy consolidation zone, without signs of a 'collapse' like an 'avalanche'.
📈 To summarize: Not adding a zero is not a dream!
From the current trend, SHIB does indeed show signs of a small rebound, and if the market cooperates, if it can stand above the 50 EMA in the short term, then we can expect it to gradually challenge the high points and strive to return to the $0.00001500 level ✅
Of course, this wave still requires time and patience, especially to see when the main funds start to return, after all, without whales leading the way, retail investors must remain steady and avoid chasing highs.
But one thing is certain: adding a zero now? Think again, it won't be that quick!
📌 A little reminder: The market can change at any time. Although rebounds are good, don’t forget to do good risk control ~ May you hold your coins calmly and have smooth operations ✌️
💥 Bitcoin will not give up! The key turning point is right in front of us, whether it rises or falls depends entirely on $112,000! #BTC
Recently, this wave of Bitcoin has indeed been thrilling. After surging to a small peak of $123,000 a while ago, it started to slide back towards $112,000, causing many to become nervous: Is the bull market about to cool down?
Don't panic just yet! This pullback is actually a 'planned rest' ~ and the $112,000 position is indeed a critical 'life-and-death line' 📉
📍 Why is $112,000 so important?
First of all, this is not just any price point, but a **'super support zone of the three lines combined'**:
Just right on the 50-day EMA (exponential moving average), this line has historically been a good friend of the bulls;
It is also the neckline position after breaking through the consolidation range of 105,000~107,000 last time, carrying strong technical significance;
It is also the horizontal consolidation center of the past month, belonging to the market's psychological support.
Currently, BTC is fiercely rebounding at this position, the bulls are still holding strong, and the market has not completely 'surrendered' ✊
📊 How does the technical aspect look? Is there still a chance?
Although the slide from $123,000 is alarming, trading volume during this decline has not been that frantic, indicating that this is more like a 'healthy consolidation', not panic selling.
Looking at the RSI indicator, it is currently hovering above 44 and hasn't entered the oversold zone, so from a technical perspective, there is still room for rebound 📈
As long as it can hold above 112,000, Bitcoin is still in a bullish structure, and pushing above 120,000 later is not a fantasy.
🚨 But what if it can't hold?
In simple terms, the 'bottom line' of this market movement is 112,000:
Once it breaks, the first buffer is the 100-day EMA (approximately $107,800);
If it breaks that level, then we need to be cautious about a retest of the 200-day EMA (approximately $100,000), which would be quite damaging 😓
So traders and investors are now focusing on this point, watching whether it will break upward and continue to surge, or break down and enter a long-term repair period.
⚔️ Conclusion: $112,000 is not just a number, it is the 'last defense line' for Bitcoin bulls!
As long as BTC holds this line, we still have hope to see it return to strength, aiming for $120,000+, or even higher 📈
But if it accidentally slips below this point, then the bull market may enter a hibernation mode, and everyone will just have to be patient for the next opportunity.
📌 Reminder: The market rises and falls, remember to set stop losses while trading 🛡️, seize opportunities when they arise, and lay flat when there are none, don’t force it ~
🚀 Ethereum's 'mobility' is amazing! The pullback is not a crash, but a springboard for $4,000? #ETH
Recently, when ETH fell from $3,800, many people started to worry about whether it was going to crash? Don't panic! In fact, this pullback looks 'scary', but from a technical perspective, it is more like a planned brake, not an 'out of control wreck' 🛑
📉 Steady, we can win: key support is gaining strength!
Currently, the ETH price is hovering around $3,430, just right on the 26-day EMA (exponential moving average). This line is not just an ornament; it has historically been the secret weapon for bulls, with many major rebounds starting from here ✈️
And this time? ETH has stabilized at this position and has started to rise slightly 📈, this likely means - the local bottom has arrived!
🧠 RSI has entered the 'balance zone', leaving room for the bulls.
Speaking of rebounds, the RSI indicator must be checked. Currently, it is hovering around 53, which is a 'neither hot nor cold' position, indicating that the market is not overheated, and the bulls have plenty of operating space, not fearing a spike and overshoot.
This position is the most comfortable: rising is not laborious, falling also has support, perfect ✨
📊 Trading volume is also supportive, with no panic selling!
Looking at market sentiment, trading volume hasn't suddenly surged, which indicates that no one is panic selling. Instead, there are buyers quietly picking up at the bottom, indicating one thing: there is potential!
Moreover, the support line below is a layer upon layer of 'protective golden bells':
50-day EMA: $2,992
100-day EMA: $2,900
200-day EMA: $2,704
In other words, the $2,700~$3,000 range is an extremely strong support band, not easily broken through 🔒
🔥 Where to look next? The target is of course $4,000!
In the short term, if ETH can strongly break through the local resistance level of $3,600, then it can directly look towards the next station - the $3,950~$4,000 range, which is the high point area of the previous round of rebounds.
Holding above the 26-day EMA is the first step; breaking through 3600 is the accelerator; and hitting 4000 is the final sprint 🏁
📌 Conclusion: This is not a peak, but a buildup of energy!
Don't be scared by this small drop, in fact, ETH is currently 'warming up' 💪. As long as it can hold above the 26-day EMA, this lifeline, the trend still leans towards bullish. Market sentiment hasn't collapsed, bulls are still active, and Ethereum still has a chance to push upwards.
At this position, it is a good time for traders and investors, balancing offense and defense ⚔️
✅ Reminder: Don't chase highs or panic sell, focus on key points, and seek to win steadily ~ Although the market fluctuates, opportunities are hidden in the volatility 📈
