The changes are happening too quickly, catching people off guard. Just yesterday during the day, it looked promising, but at night it took a sharp downturn.
$ETH From the daily perspective, we have entered the garbage time; the 21 line has been lost and then regained, only to be lost again. We mentioned that from July 27-31, 2025, there are trapped positions that need to be digested through fluctuations below that range, and we are currently in this turmoil. The next phase's task is to wait for it to come above the 55 line, probably in late August. #ETH行情分析
SOL, from the weekly perspective, still has room for decline, but not much, with two supports: the 21-week and the rising trend line. The market is becoming more and more like the US stock market, and the technical logic is becoming stronger, see the chart. #SOL行情分析
SUI, from the weekly perspective, similarly, there are three supports: the 21-week, the 55-week, and the rising trend line. See the chart. #SUI行情分析
TON, from the daily perspective, the support is around 3 USDT for two reasons: the position of the 55 line and the upper and lower edges of the platform. See the chart. #TON行情分析
Other data: Fear and Greed Index at 55, neutral; 319 coins are up while 1117 coins are down, more down than up.
The main players and retail investors are always playing hide and seek. You think it can't go any lower, and it starts to rebound. You think it needs to sprint again, and it starts to take a nosedive. I originally thought that SOL and SUI would follow the same trend as ETH, with the 4-hour K-line standing above the 55 line, but it turned out to be contrary to expectations. During the downward cycle, caution must still be maintained! Firmly believe in the bull market; the overall direction must not be wrong.
To add, the coins that performed strongly in this rebound are: XLM, 1INCH, ENA, CVX. You can start positioning in these before buying other coins for compound interest.
