Approaching the end of the month, will a new trend emerge?

Currently, there is still no substantial direction. Based on the inverse relationship of Bitcoin to USDT.D, a bottom area has formed below. A bottom divergence appeared in the previous four hours, and it has remained above the trend line. This indicates that there isn't much upward space for Bitcoin. As long as the inverse USDT.D of BTC breaks through the resistance above the four-hour mark, BTC will directly break below the 120-day moving average. Therefore, it is recommended to reduce the frequency of short-term operations recently and wait for a right-side trade before considering entry. The short position that touched 95,000 a couple of days ago can still be held. Today, pay attention to the upper level of 95,500 and the lower boundary of 120-day long-short divide.

Ethereum's daily level has shown a bearish signal, which may be a precursor to a market decline. The upper level to watch is still the 1,825 position, as it has not stabilized above 1,825 in the four-hour timeframe, significantly increasing the probability of a pullback. Recently, be cautious with long positions and watch for support at the price of 1,750.

Solana has also shown adjustments after a rise a few days ago, having closed with five consecutive bearish candles. It is primarily moving in a downward oscillation and cannot stabilize at the price of 153. The adjustments are normal, and it was previously suggested to reduce positions in batches and maintain a wait-and-see approach.

For XRP, if it cannot rise above 2.3 in four hours, be aware of the risk of adjustments. Here, it is advisable to maintain a wait-and-see stance and not chase highs for the time being.

BGB is expected to continue adjusting, so wait for the price of 3.7 to consider entry.

Doge has also seen consecutive bearish candles recently, and the expected pullback may not be sufficient, so it is advisable not to participate in the short term.

Today's summary: USDT.D now has a demand to turn upward, and BTC is currently in a high-level boxed area, so just pay attention to the lower boundary of the 120-day divide. If it breaks below, wait for a small rebound before conducting right-side trading.