$DOGE DOG rebounded after hitting 0.175 last night. We can see that the rebound force is weakening during the day. As mentioned in the previous article, it is impossible to stand above 0.183. It will only become weaker and weaker in the future. The short-term trend turns from bullish to weak and volatile, and the volatility begins to narrow, which is usually the rhythm of a small-level change. Watch for price action when the trend line is crossed back and the previous support/resistance is reversed. Several locations that need attention
Support position First position 0.17-0.168 Second position 0.161 The third position 0.154 Pressure position First position 0.183-0.185 Second position 0.193 The third position 0.2
$SOL Since SOL rebounded and failed to reach the high point of 156, it seems to be starting to lose strength. The good news is that yesterday's correction did not fall below 144, but the intraday rebound was also weak. In terms of the head and shoulders pattern, it is not recommended to enter short trades too early before the trend is broken. In the short term, the bulls are just a little weak, not that the bears are strong. If it fails to reach 153 again in the short term, the weakness will become more obvious as the consolidation and shock time lengthens in the future. Repeated testing of the support of 144 will only consume the bulls' strength. Several locations that need attention
$ETH ETH is still consolidating at a high level. It stepped back to the lower edge of the channel again at a small level to get support, and then gradually fell after rebounding and testing the expected pressure. In the short term, we can see that although the volume is obviously shrinking, the bulls are willing to release their momentum. When the market is consolidating and fluctuating, pay more attention to the price performance at the channel boundary and try to enlarge the time period. Several locations that need attention
Support position First position 1750-1770 Second position 1720 Third position 1686 Pressure position First position 1850-1865 Second position 1890-1910 Third position 1950 Follow and like, you will be rich
$BTC BTC has completed a small pullback to the expected position. A slight rebound during the day, as the volatility begins to narrow, the small scale starts to obviously decrease. In a slightly larger scale, it is still a high-level oscillation. In the short term, it is more about disorderly oscillation in the small scale, profits can only be made quickly, do not set a pattern. The current position is in a high-level oscillation area, and there has not yet been particularly strong game theory. Although the rebound in the US stock market has started to gradually shrink, it is still testing upward. Therefore, there are no particularly bearish or peak signals in the short term. The overall view is consistent with previous texts. Breakthrough range and POC of the previous oscillation range, continue to be bullish. It is important to note that high-level ranges are more prone to false breakouts. This needs attention.
$DOGE Dogecoin rebounded strongly after a pullback as expected in the early morning. However, unfortunately, it still has not stood above 0.183. After the US stock market opened, there was a brief decline. The view remains the same as before; after facing pressure at the upper levels in the short term, the bulls did not continue to exert force, and the market has shifted to a high-level consolidation. The short-term bull-bear dividing line is 0.17. In terms of pattern, after breaking the small upward channel, the potential head and shoulders top is still missing a right shoulder. Therefore, when testing the 0.183 resistance again in the future, it will be particularly important.
Several key positions to pay attention to Support positions First position 0.17-0.168 Second position 0.161
$sol SOL is also as expected, the upper and lower edges of the consolidation range are once again being tested. As the bulls rebound, it turns into a fluctuation, and weak performance starts to appear. At a small level, attention needs to be paid to the expected head and shoulders pattern. In the evening, it faced resistance at 153 and began to fall back. So, the right shoulder is slowly being formed. In the future, if it effectively breaks down below 145, the pattern will be established, and SOL will undergo a correction.
Several positions to pay attention to Support position First position 145 Second position 141 Third position 136 Resistance position First position 153 Second position 158 Third position 161
$ETH ETH as expected, again retesting 1750 for support, with a slight rebound during the day. There isn't much trend in high-level fluctuations, but while maintaining strength, one can clearly feel a mysterious force supporting the market. The market has returned to a state of waiting for news-driven movements. As mentioned earlier, Bitcoin has stood above 94k, and upward momentum remains strong. A pullback is expected, but when the market refuses to pull back, one needs to think more about what the market is doing. In terms of strategy, ETH has become clearer, looking for an upward breakout near the previous high of 1950. A downward break of the channel would look towards 1690 on a retest. Several positions to pay attention to
$BTC BTC tested the lower edge of the upward channel again last night and started to strongly recover above 94,000 this morning. So the short-term strength continues. It was mentioned earlier that standing above 94,000 in the morning should provide more space for subsequent rebounds. On a slightly larger scale, it is still in a high-level consolidation zone. Since we mentioned the consolidation zone, the POC (area of concentrated trading) in the consolidation zone before the last major drop is about to be tested. The overall view still maintains a high-level fluctuation. This position continues to test the selling pressure upwards and begins to consolidate sideways. Pay attention to the testing of the upper edge of the upward channel on a smaller scale. Overlapping the previous fluctuation range's POC potential pressure.
$BNB BNB has recently rebounded and is starting to show high-level fluctuations, especially as the daily highs are getting lower. Thanks to Binance frequently launching TGE events and buybacks, BNB has been maintaining high-level wide fluctuations on the daily chart. It has been mentioned more than once that BNB is one of the preferred coins to buy during major market dips. When it reaches potential support areas, one can boldly buy in the spot market. Several positions to pay attention to
Support position First position 582 Second position 555 Third position 520-531 Resistance position First position 620 Second position 645-655
$DOGE DOGE followed the market's pullback in the morning. As expected, it tested 0.178, but the intraday rebound was weak and turned into a consolidation. The small-level verification rising channel can be seen in operation. The problem is the potential expectation of a market pullback; whether it can hold above 0.183 in the short term becomes the key to whether it continues to maintain strength in the future. The current position is quite controversial; for the bulls, it is a good risk-reward position. Before the big coin pulls back, it is necessary to observe whether Dogecoin can stand firm again. Several positions to pay attention to
Support position First position 0.178 Second position 0.168 Third position 0.161
$SOL SOL started to pull back from Saturday, and this morning it tested around 147 for support again, but it has begun to show signs of weak rebound. Bitcoin's high-level consolidation has provided some altcoins with opportunities and space for a rebound. After a strong rebound in SOL, it is also beginning to consolidate at a high level. In the short term, we need to pay attention to whether it can effectively rise above 153 again. If it fails to test the highs again, a small-scale head and shoulders pattern will likely be successfully formed, and if Bitcoin pulls back in the future, altcoins may collectively turn down again. Several positions to pay attention to
Support positions First position 147 Second position 141
$ETH ETH also experienced a small-scale rise and fall in the morning, overall synchronized with the major trend showing a tendency for fluctuating upward. The expected pullback position resonates with the short-term support and resistance level at 1750, so the overall viewpoint remains consistent with previous statements. As long as this position is not broken, it still indicates a high-level consolidation. Furthermore, if there is a rejection of a pullback at a high level, it can be seen as strong by treating it as sideways instead of downward. Several key positions to pay attention to
Support position First position 1750 Second position 1720 Third position 1686 Resistance position First position 1830-1850 Second position 180-1895 Third position 1950
$BTC BTC slightly surged and then fell back in the morning. Usually, it consolidates and oscillates over the weekend, with some small market makers slightly stirring the market during the consolidation, for example, by hitting the stop-loss orders of major holders who are chasing long positions. When the large pancake is in a high position and consolidating, several altcoins usually start to show movement. The overall view is consistent with previous texts, with high position consolidation and an expectation of a pullback. A small-scale upward oscillation channel is about to undergo a pullback. If the US stock market can stay above 94k during the pre-market period on Monday, it is likely to continue the rebound of the US stock market; otherwise, a pullback expectation will arise. Several positions to pay attention to
$DOGE Affected by the financing news of Ma's new project xAI, DOGE quickly rose and then returned to the price before the rise. Usually, after the fluctuations stimulated by short-term news, it returns to the original rhythm. After a short-term rise and fall, the previous oscillation area was not broken through and stabilized upwards. Next, it is important to pay attention to the risk of a pullback following the broader market.
Several positions to pay attention to
Support Position First Position 0.178 Second Position 0.168 Third Position 0.161 Resistance Position First Position 0.193 Second Position 0.197 Third Position 0.2
$SOL SOL is as expected, a characteristic price action appears at high levels, bulls are slowly closing their long positions, and short-term pressures begin to hinder natural declines. Observe the pullback trend line and performance near 147 as in previous views. Strong markets usually have smaller pullbacks; if the pullback is too deep, it only indicates that many bulls are getting off the train, so the main force is only willing to enter at lower positions, and may only start to rally after most people have exited. Several positions to pay attention to
Support Position First Position 147 Second Position 141 Third Position 136 Resistance Position
$ETH ETH's second attempt to rise high could not effectively stand above the previous high, and it has begun to show clear signs of resistance and retreat. Short-term high-level consolidation begins. The range of consolidation structure is quite obvious. In the future, if it retests 1750, it is expected to gain support. The issue is if the retest breaks, a short-term M formation will be established at a smaller level. The correction of the entire upward movement will then begin. In the future, I want to see a continued rebound. The short-term bullish-bearish dividing line of 1750 needs to be held. Several key positions to pay attention to
Support position First Position 1750 Second Position 1720 Third Position 1686 Resistance position First Position 1830-1850
$BTC BTC continued to rise last night, rebounding alongside US stocks. It then entered a period of fluctuation. The consolidation lasted until the morning close, followed by a slight pullback during the day. So, does the short-term high-level consolidation still have momentum to continue pushing upwards? From the data, Bitcoin ETF continues to see net inflows, serving as a backbone for the short-term rebound. Meanwhile, the upcoming corporate buyback window for US stocks will also act as a driving force for the rebound. Future continuous inflows into ETFs will be a necessary condition for the ongoing upward momentum of Bitcoin.
From the chart, high-level consolidation has turned into fluctuation, and it is slightly trending upwards, which can generally be seen as a relay action. However, the short-term structure has not yet formed a complete continuation. This will require some time for verification. If there is another increase in volume and a continued rise in the short term, it will further deplete the bullish momentum. As previously stated, it will be more powerful and lasting to push upwards after a consolidation continuation.
$DOGE DOGE slightly retraced yesterday, continuing to rebound within the day, but it is obvious to see that the rebound strength and height are starting to face resistance. Resistance is quite obvious around 0.185. Short-term signs of high-level stagnation are beginning to appear. If a further upward breakout cannot be sustained in the future, a short-term double top is about to form. Small-scale topping signals will emerge, with a risk of retracement. Do not chase long positions at the current location, expect a breakout upwards; it is better to wait for a complete breakout before re-entering on a pullback, as the right-side risk is much smaller. Several positions to watch
Support Position First Position 0.172 Second Position 0.168