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🚨 XRP has recently been fluctuating between $2 and $2.65, with both bulls and bears in a fierce battle! This is a typical case of 'sideways consolidation'.
✅ Bullish Scenario:
As long as XRP holds above the $2 support, there is still hope for a rebound within this range.
If buyers can keep the price steadily above the moving averages, we may see it challenge the $2.65 resistance.
If it successfully breaks through $2.65, there is a chance it could surge to $3!
❌ Bearish Scenario:
Sellers are not planning to back down; they have set up ambushes around $2.65, ready to strike at any opportunity.
If XRP accidentally loses the $2 support, it could spell trouble as the trend would directly shift to bearish!
The next support to watch will be $1.61, which is the next line of defense.
🐶 Currently, DOGE is still hanging around the $0.16 line, but the trend looks very weak, like a swing hanging on the edge of a cliff, which could fall with a gust of wind.
🔻 Bears are ready to pounce:
The 20-day moving average is starting to decline, indicating that the overall market is weak.
RSI has also been dropping, with a bearish trend. Dogecoin seems to be held back by a chain, preventing it from moving upward.
If it loses the $0.16 support, it is highly likely to head straight for the $0.14 support, or even open the door to $0.10!
🔼 Difficulty for bulls to rescue: Difficulty mode activated!
To stop the decline and counterattack, buyers need to break through $0.21 in one go.
If successful, there is still hope to challenge $0.26.
Only when DOGE can stand above $0.26 can we truly say a new upward trend has started.
$ADA 🟥 Currently, buyers are firmly holding at $0.60 for ADA, but there is no strength in the rebound, like a balloon that has run out of air... This trend is really a bit precarious!
📉 Short selling plans are now online:
The 20-day moving average has started to decline, and the RSI is also going lower, which means - the short sellers are getting stronger!
If ADA turns around from the moving average position (around $0.67) and then breaks below the $0.60 support, it could very likely accelerate the decline to $0.50, or even open up larger downward space.
📈 Long buying self-rescue script:
To turn the tables, bulls need to strongly pull the price back above the moving average.
If they successfully stabilize, there might be a surge towards the downward trend line (around $0.72-$0.75).
But don't celebrate too early, there will definitely be short sellers lying in wait near the trend line, and the pressure is immense!
$SOL 🔵 SOL strongly rebounded from the support level of $140 on June 14, and on June 16 it briefly touched the moving average, indicating that funds at the low level are frantically bottom-fishing.
Currently, both moving averages have started to 'flatten out', and RSI is also close to the midpoint, with the forces of bulls and bears in a stalemate, a trend change is imminent!
📉 Downward Scenario:
If SOL is hammered down again by bears near the moving average and then breaks below the $140 support, it would be dangerous!
Subsequently, it may quickly fall back, first targeting $123, then the strong support level of $110.
📈 Upward Scenario:
But if SOL breaks through the resistance zone of $185, brothers, then it could be the starting point of a market trend!
After breaking through, look towards $210, and there may even be a chance to hit the target level of $220!
$ETH 🟣 ETH fell below the 20-day moving average ($2580) on June 14, and it seemed that the bears were preparing to take action, but what happened? The bulls remained calm and quickly pulled back up!
This move released a signal: the market is buying the dip, and the sentiment for bottom fishing is strengthening!
🟢 The bull script is here:
If buying continues to be strong, ETH is expected to challenge $2738, and looking higher, it could reach $2879.
Once it breaks above these two resistance levels, the bears will be completely stunned, and ETH could soar all the way to $3153!
🔴 The bears haven't given up either: If the price is pushed back around $2879, then caution is warranted, as ETH may move sideways in the $2879-$2323 range.
If one day it accidentally closes below $2323, then we need to be careful as the short-term trend could turn bearish, and it might drop to $2112!
🟠 BTC successfully climbed above the 20-day moving average (106,239 USD) on June 16, indicating that the bulls are firmly holding their ground at the 50-day moving average (104,116 USD), and this wave of defense is quite intense!
🟢 The bull's target is clear:
Now they are eyeing the 110,530 USD mark. Once they break through, the next step will head straight for the neckline of the 'head and shoulders' pattern.
Once the closing price stands above the neckline, it confirms a bullish technical pattern, targeting even higher levels, reaching 130,000 is not a dream!
🔴 The bears are not idle either:
Their approach is straightforward: defend the upper resistance and directly push the price back below the 50-day moving average.
If it really breaks down, then we may need to test the psychological support level of 100,000 USD. If that breaks, brothers, be careful, a drop to 93,000 USD is also possible.
✅ Summary in one sentence:
Standing above the neckline = Bull market pattern confirmed, soaring trend is expected to start!
Falling below the 50-day moving average = Testing 100,000 USD, bears regain control!
The critical dividing line between bulls and bears has arrived, brothers stay steady, wait for a clear price breakthrough before taking action, don't act impulsively!
$BTC 🚀 BTC on June 13th, the bulls firmly held the pressure at the 50-day moving average (102,600 USD) and stabilized their footing at the key support level, resulting in a beautiful rebound!
Subsequently, the price was pulled back above the 20-day moving average, indicating that the bulls have not given up, with targets locked in the resistance zone between 110,530 USD and 111,980 USD.
As long as the price can strongly break through the fortress above 111,980 USD, BTC may start a new round of rallies, targeting 130,000 USD!
❌ Bearish counterattack scenario:
If the market remains unstable and the price falls below the 50-day moving average (102,600), caution is warranted, as the psychological barrier of 100,000 USD will face a significant test!
Once this critical level cannot be held, BTC is likely to drop all the way to 93,000 USD, presenting considerable risk!
$XRP ⚠️ XRP broke through the moving average on June 9, and it was initially thought that the bulls could make a strong rebound. However, the price opened high and ended up falling, and the bulls couldn't maintain the momentum……
📉 By June 11, it started to turn downwards, and the price is now approaching a key support level—2 dollars, which is no joke!
🎯 Two possibilities: a glimmer of hope or a direct plunge!
❌ Bearish scenario:
If it breaks below 2 dollars and cannot regain it, then it could be troublesome! Market sentiment may quickly turn bearish, and XRP could potentially drop all the way to 1.61 dollars or even 1.28 dollars, it's practically a “sliding mode.”
✅ Bullish scenario:
But if XRP can make a strong rebound at 2 dollars and break through the moving average again, that would indicate that the price is still within a range and not likely to collapse quickly, and instead, it could continue to fluctuate up and down.
🔄 Recently, BNB has been like practicing Tai Chi, swaying back and forth between $693 and $634, making people almost fall asleep...
📊 The 20-day moving average is moving sideways at $656, and the RSI is also sitting in the middle position. What does this indicate? — The bulls and bears are evenly matched, and neither can overpower the other!
🧨 So how should we proceed next? ✅ Bullish scenario:
As long as the price rebounds from $634 and breaks above the 20-day moving average, BNB is likely to continue consolidating and oscillating, repeatedly testing this range, which is suitable for those looking to make short-term trades.
❌ Bearish scenario:
If it accidentally falls below $634 and cannot recover, then caution is needed! This indicates that the bears are starting to gain strength, and BNB could slide directly towards the $600 or even $580 support level!
$ADA ⚠️ ADA's recent performance has some warning signs!
👿 Short sellers are very active, each time the price approaches the 50-day moving average of $0.72, it gets pushed down, indicating significant pressure above, and sellers are not allowing it to rise.
📉 At this point, the 20-day moving average is also heading downwards ($0.68), and coupled with a weak RSI, it's clear: short sellers are in control!
🔥 The critical battlefield is here!
💥 If it breaks below $0.60, the next target could very well be the support level of $0.50, which is the last line of defense that bulls will definitely hold onto.
💪 To turn the tide, three hurdles must be crossed:
1️⃣ First hurdle: Break through and stay above the 50-day moving average ($0.72)
→ This is a signal to stop the decline, proving that buying pressure is starting to strengthen!
2️⃣ Second hurdle: Challenge the downward trend line
→ This is the turning point from bear to bull, and everyone will be watching!
3️⃣ Third hurdle: Break through the trend line and hold steady
→ If successful, ADA may officially start a reversal trend!
$SUI 💥 SUI has recently come to a critical moment!
👿 The bears are fierce this time, smashing the price from the 50-day moving average ($3.55) with a vengeance, clearly determined to defend this position and not let the bulls catch a breath.
🛡️ But the bulls are not to be underestimated, as they defended fiercely at the $2.86 position, turning this place into a battleground!
🔍 The next two possible trends: 📉 Bearish path:
If the price falls below $2.86, it will be dangerous, potentially crashing all the way down to $2.50, and the market will directly enter a defensive mode, looking bearish in the short term.
📈 Bullish counterattack path:
If the bulls hold $2.86 and launch a counterattack, there is hope to challenge the resistance near the moving average again!
But be aware: if it rebounds to the moving average and gets smashed down again, the risk of falling below $2.86 will return!
🚀 Where is the key to a real reversal?
Only with an effective breakthrough of the moving average can the bulls possibly surge towards the target of $4.25.
This means a beautiful turnaround, but it must rely on the buyers actively attacking to have a chance!
$LINK 🔵 LINK turned down again on June 12, sliding back into the downward channel. This signal is very clear - the bears are back, and selling pressure is quite heavy!
⚠️ Key support: Don't break below $13!
Currently, the bears are aggressively attacking, targeting the $12.67 support level.
Once breached, brothers, pay attention: LINK could drop all the way to $10, and it wouldn't be a dream to continue oscillating within the channel for a few days!
🧨 Where is the opportunity for the bulls to turn the tide?
The key is to pull back above $16! Only by breaking through this barrier can LINK hope to stop falling.
If the breakthrough is successful, there is a chance to challenge $18 next, and then look at $20. This wave could potentially complete a trend reversal!
🔵 Although SOL briefly crossed above the moving average, the bulls couldn't hold the high position, directly sliding from $168 on June 11, and on June 12, it fell below the moving average. It has now reached the critical support level of $140!
⚔️ Bull and Bear Focus: The $140 Lifeline!
$140 is currently the last stronghold for the bulls, whether it can hold depends on these few days.
If it holds and rebounds, SOL might return above the moving average and challenge $168 or even higher again.
🧨 Dangerous Situation: If it breaks down, space opens up!
If the price falls below and closes under $140, brothers need to be cautious:
First target $123
Further down might head straight to $110
Once this rhythm starts, it will be a grand parade for the bears, don’t hold on stubbornly!
$ETH 🟣 ETH was directly knocked down after reaching around $2879, and on Friday it even fell below the key 20-day moving average ($2580), which immediately suppressed the hope of breaking through $2735.
⚖️ Current Situation: Supply and demand are in a tug-of-war, with neither side giving in!
The 20-day moving average is flat + RSI has returned to the middle line, indicating that market sentiment is stuck in a deadlock, with bulls and bears unable to budge.
If the price rebounds from the current position, shorts will likely hold the line firmly in the $2735-$2879 range.
📉 Downward Risk: Is $2323 the bottom line?
If it can't hold, ETH may continue to fall below $2323, targeting $2112, and bulls need to be cautious.
🚀 Upward Hope: Break $2879 first, then look to $3150!
If buying pressure is strong enough to break through $2879, that would mark the beginning of a new upward attack!
Next, we may see ETH challenge the $3150 milestone, igniting sentiment and an expected upward trend!
$BTC 🟡 BTC is at a critical moment again! On Friday, there was a dip that directly touched the 50-day moving average (103,159 USD), and now the bulls are holding on, not allowing the price to continue falling.
📉 Watch below: The 100,000 USD defense battle!
The RSI is now close to the midpoint, indicating that the market is in a state of hesitation, with both bulls and bears waiting for a breakout signal.
If the 100,000 USD level is not maintained later, it won’t be a small correction; the target will be directly looking towards 92,000 USD!
📈 Key point above: Will the historical high be broken?
If the bulls push through and close above 111,980 USD, that would be a signal to restart the upward trend!
At that time, BTC may not just rise but could directly rush towards 130,000 USD, and the FOMO atmosphere will be at an all-time high!
$ETH ⚡On June 10, ETH kicked down the resistance threshold of $2735 and closed above it. This action clearly indicates that - the bulls want to take control!
🟢 Bullish Rhythm: The target is aimed directly at $3133!
The 20-day moving average is turning upwards, and the RSI is approaching the overbought zone - this is a signal from the bulls' home court!
Of course, the bears won't give up easily; they will definitely try to pull the price back below $2735, attempting to create a false breakout.
But as long as the price does not fall below $2735, or strongly rebounds from the 20-day moving average at $2594,
Then, my friends, the next stop is $3000 → and then a push towards $3133!
🔴 Bearish Warning: Bull Market Trap Alert ⚠️
If the price can't hold and directly falls below the 20-day moving average at $2594,
Then be careful! This indicates that the breakout at $2735 might just be a 'false move'.
The market might just be luring in buyers, washing out positions, clearing out the FOMO crowd.
$BTC 🚀On June 9th, Bitcoin surged to $109,588, breaking through resistance!
But... it couldn't hold at that high and started to pull back, the movement feels like that moment in a game when you suddenly lose connection – the tension is real!
🟢 Bullish Scenario: Inverse Head and Shoulders needs to gain momentum!
This current pullback is crucial; if it stabilizes and continues to surge upwards, breaking through $111,980.
Then it will be amazing, brothers! It means the classic 'Inverse Head and Shoulders' pattern is completed!
This is a major weapon in technical analysis, and we could see it soar to $131,000 or even higher!
🔴 Bearish Risk: Three Consecutive Declines Warning ⚠️
If this rebound is weak, and the price drops below $108,000.
Then we need to be cautious; it could directly slide down to the 20-day moving average of $106,367.
If we can't even hold that, then goodbye to the 50-day moving average of $102,971.
The worst scenario would be a pullback to the critical psychological level of $100,000.