rushduckarmy
0 Following
4 Followers
2 Liked
0 Shared
Posts
See original
SOL Market Trend Analysis 20250627
The daily candlestick is a bearish candle with a long upper shadow, and the trading volume is basically flat compared to the previous day. The price decline is relatively larger compared to Bitcoin and Ethereum.
The daily MA30 line is still in a downward trend, and the MACD has not formed a golden cross below the zero line; instead, the price decline has shown a state of increasing downward pressure.
The daily rebound did not reach the MA30 line before starting to decline, indicating that the overall trend is still relatively weak. If this second bottom test breaks the previous low, it will continue to approach the 120-110 range.
In the spot market, it is still a good strategy to buy on dips; don’t be afraid of missing the opportunity, prepare for the craziness in the second half of the year.
Daily level resistance: 154-165-177, support: 121-112-96-79
The daily candlestick is a bearish candle with a long upper shadow, and the trading volume is basically flat compared to the previous day. The price decline is relatively larger compared to Bitcoin and Ethereum.
The daily MA30 line is still in a downward trend, and the MACD has not formed a golden cross below the zero line; instead, the price decline has shown a state of increasing downward pressure.
The daily rebound did not reach the MA30 line before starting to decline, indicating that the overall trend is still relatively weak. If this second bottom test breaks the previous low, it will continue to approach the 120-110 range.
In the spot market, it is still a good strategy to buy on dips; don’t be afraid of missing the opportunity, prepare for the craziness in the second half of the year.
Daily level resistance: 154-165-177, support: 121-112-96-79
See original
Ethereum Market Trend Analysis 20250627
The daily chart shows a small bearish candlestick in the shape of a doji, with trading volume being roughly the same as the previous day.
The daily MA30 line is still in a downward trend, and the MACD is below the zero line, showing a weakening trend even with slight declines. If the next two days can close with bullish candlesticks, the MACD will form a golden cross, which means the price may still have a chance to rise, but if Bitcoin declines, Ethereum will definitely follow suit.
As mentioned yesterday, when prices rise and encounter the daily MA30 line, a decline or adjustment is inevitable, and indeed, yesterday's price surge faced resistance at the daily MA30 line and began to decline.
Next, we still need to watch how Bitcoin performs. If Bitcoin rises, Ethereum will fall; if Bitcoin falls, Ethereum will fall. Only if Bitcoin maintains a narrow range of fluctuations can Ethereum have a chance to catch up with a rise.
Currently, it is still merely a rebound trend in a downward trend, not a reversal.
Daily level resistance points are 2530-2690-2730, support points are 2120-2000-1860
The daily chart shows a small bearish candlestick in the shape of a doji, with trading volume being roughly the same as the previous day.
The daily MA30 line is still in a downward trend, and the MACD is below the zero line, showing a weakening trend even with slight declines. If the next two days can close with bullish candlesticks, the MACD will form a golden cross, which means the price may still have a chance to rise, but if Bitcoin declines, Ethereum will definitely follow suit.
As mentioned yesterday, when prices rise and encounter the daily MA30 line, a decline or adjustment is inevitable, and indeed, yesterday's price surge faced resistance at the daily MA30 line and began to decline.
Next, we still need to watch how Bitcoin performs. If Bitcoin rises, Ethereum will fall; if Bitcoin falls, Ethereum will fall. Only if Bitcoin maintains a narrow range of fluctuations can Ethereum have a chance to catch up with a rise.
Currently, it is still merely a rebound trend in a downward trend, not a reversal.
Daily level resistance points are 2530-2690-2730, support points are 2120-2000-1860
See original
Bitcoin Market Trend Analysis 20250627
The daily line shows a small bearish candle in the shape of a doji, with trading volume being a little more than half of the previous day's volume, indicating a high-level contraction and oscillation trend.
The daily MA30 line has turned from a downward trend to a flat trend, and the MACD is showing an increasing bullish momentum near the zero line, but currently, the upward momentum is not very strong.
The price closed above the daily MA30 line, and it has been closing above for the second consecutive day. If it can remain stable for three days, there will be a chance to continue moving upward. If it retraces to the daily MA30 line without breaking it, then it can be considered a preliminary stabilization. We need to wait for the MA30 line to turn upwards to determine that the daily level trend has reversed from a downward trend to an upward trend.
Therefore, at this position, the contraction oscillation allows for movement both up and down; it’s best to watch and wait for the market trend to clarify. If things move quickly, a direction will be chosen within two to three days.
Personally, I still lean towards a rebound rather than a reversal; it is not yet the time for reversal, so the price will likely continue to decline, breaking below the daily MA30 line to search for support at lower levels.
Daily level resistance is at 110300-120000, and support is at 103480-100400-97850-95930-94000.
The daily line shows a small bearish candle in the shape of a doji, with trading volume being a little more than half of the previous day's volume, indicating a high-level contraction and oscillation trend.
The daily MA30 line has turned from a downward trend to a flat trend, and the MACD is showing an increasing bullish momentum near the zero line, but currently, the upward momentum is not very strong.
The price closed above the daily MA30 line, and it has been closing above for the second consecutive day. If it can remain stable for three days, there will be a chance to continue moving upward. If it retraces to the daily MA30 line without breaking it, then it can be considered a preliminary stabilization. We need to wait for the MA30 line to turn upwards to determine that the daily level trend has reversed from a downward trend to an upward trend.
Therefore, at this position, the contraction oscillation allows for movement both up and down; it’s best to watch and wait for the market trend to clarify. If things move quickly, a direction will be chosen within two to three days.
Personally, I still lean towards a rebound rather than a reversal; it is not yet the time for reversal, so the price will likely continue to decline, breaking below the daily MA30 line to search for support at lower levels.
Daily level resistance is at 110300-120000, and support is at 103480-100400-97850-95930-94000.
See original
SOL Market Trend Analysis 20250626
SOL did not follow Bitcoin's rise but instead exhibited a downtrend on an hourly basis.
The daily chart shows a small bearish candle with short upper and lower shadows, and the trading volume is one-fifth less than the previous day, around half of the volume of the large bullish candle on the 23rd, indicating a shrinking and oscillating trend.
The daily MA30 line is still in a relatively steep downward trend, and the MACD shows a weakening downward momentum below the zero axis. If a bullish candle can be formed in the next two days, the MACD will create a golden cross pattern, leading to a potential upward rally.
SOL remains in a downtrend, so any price increase is merely a rebound rather than a reversal. Capital is still concentrated on Bitcoin, meaning that when Bitcoin declines, SOL will also definitely decline.
Around 154 will still be the main resistance level in the near term; any rebound to this level will likely result in further downward adjustments.
Daily chart resistance levels are 154-165-177, and support levels are 121-112-96-79.
SOL did not follow Bitcoin's rise but instead exhibited a downtrend on an hourly basis.
The daily chart shows a small bearish candle with short upper and lower shadows, and the trading volume is one-fifth less than the previous day, around half of the volume of the large bullish candle on the 23rd, indicating a shrinking and oscillating trend.
The daily MA30 line is still in a relatively steep downward trend, and the MACD shows a weakening downward momentum below the zero axis. If a bullish candle can be formed in the next two days, the MACD will create a golden cross pattern, leading to a potential upward rally.
SOL remains in a downtrend, so any price increase is merely a rebound rather than a reversal. Capital is still concentrated on Bitcoin, meaning that when Bitcoin declines, SOL will also definitely decline.
Around 154 will still be the main resistance level in the near term; any rebound to this level will likely result in further downward adjustments.
Daily chart resistance levels are 154-165-177, and support levels are 121-112-96-79.
See original
Ethereum Market Trend Analysis 20250626
Bitcoin is rising, but Ethereum has not followed suit, which means that funds are concentrated only on Bitcoin, and there is still a significant divergence in the funds on Ethereum, with no consensus formed.
The daily line shows a small bearish candlestick with short upper and lower shadows resembling a doji pattern, and the trading volume is about a quarter less than the previous day, indicating a contraction and oscillation pattern.
The withdrawal MA30 line is still in a slight downward trend, and the MACD shows a weakening downward momentum near the zero axis. If we see a bullish candle in the next couple of days, then the MACD will form a golden cross, leading to a wave of upward movement.
The price is still operating below the daily MA30 line, and after being suppressed by the lower edge of the red box during the upward movement, it has formed a small downward adjustment on the hourly level.
It is important to note that when Bitcoin falls, Ethereum will definitely follow; only when Bitcoin oscillates at a high level does Ethereum have a chance for a rebound. Therefore, how it moves specifically still depends on Bitcoin.
The daily level resistance is at 2550-2690-2730, and the support level is at 2120-2000-1860.
Bitcoin is rising, but Ethereum has not followed suit, which means that funds are concentrated only on Bitcoin, and there is still a significant divergence in the funds on Ethereum, with no consensus formed.
The daily line shows a small bearish candlestick with short upper and lower shadows resembling a doji pattern, and the trading volume is about a quarter less than the previous day, indicating a contraction and oscillation pattern.
The withdrawal MA30 line is still in a slight downward trend, and the MACD shows a weakening downward momentum near the zero axis. If we see a bullish candle in the next couple of days, then the MACD will form a golden cross, leading to a wave of upward movement.
The price is still operating below the daily MA30 line, and after being suppressed by the lower edge of the red box during the upward movement, it has formed a small downward adjustment on the hourly level.
It is important to note that when Bitcoin falls, Ethereum will definitely follow; only when Bitcoin oscillates at a high level does Ethereum have a chance for a rebound. Therefore, how it moves specifically still depends on Bitcoin.
The daily level resistance is at 2550-2690-2730, and the support level is at 2120-2000-1860.
See original
Bitcoin Market Trend Analysis 20250626
The hourly level is showing a fluctuating upward trend, with a peak reaching around 108135.
The daily line shows a small bullish candle with short upper and lower shadows, and the trading volume is slightly higher than the previous day but not significantly, falling within the normal trading volume range. The daily MA30 line, which had a slight downward trend, is slowly flattening out, and the MACD is showing weakening downward momentum near the zero axis. If a bullish candle is formed today, the MACD will show a golden cross trend, indicating that there will still be upward movement.
The price is currently above the daily MA30 line. If it closes above this line for three consecutive days, it can be considered a preliminary stabilization. We need to wait for the daily MA30 line to turn upwards before we can consider a trend reversal.
It is important to note that before a definitive reversal occurs, there is still a possibility of false upward movements, where the price may rise briefly before continuing to fall. The current rise could also be aimed at liquidating contract short positions.
In the short term, the price will still be influenced by the policy situation regarding the conflict between Israel and Iran, as well as by Trump's every word and action, so contract traders need to pay attention. How things will develop remains to be seen as we progress.
Altcoins have shown unusual movements, and speculative coins are likely to emerge again. However, most speculative coins rise quickly but also drop quickly, so it's important to take profits in a timely manner.
Daily level resistance is at 110300-120000, and support is at 103200-100400-97850-95930-94000.
The hourly level is showing a fluctuating upward trend, with a peak reaching around 108135.
The daily line shows a small bullish candle with short upper and lower shadows, and the trading volume is slightly higher than the previous day but not significantly, falling within the normal trading volume range. The daily MA30 line, which had a slight downward trend, is slowly flattening out, and the MACD is showing weakening downward momentum near the zero axis. If a bullish candle is formed today, the MACD will show a golden cross trend, indicating that there will still be upward movement.
The price is currently above the daily MA30 line. If it closes above this line for three consecutive days, it can be considered a preliminary stabilization. We need to wait for the daily MA30 line to turn upwards before we can consider a trend reversal.
It is important to note that before a definitive reversal occurs, there is still a possibility of false upward movements, where the price may rise briefly before continuing to fall. The current rise could also be aimed at liquidating contract short positions.
In the short term, the price will still be influenced by the policy situation regarding the conflict between Israel and Iran, as well as by Trump's every word and action, so contract traders need to pay attention. How things will develop remains to be seen as we progress.
Altcoins have shown unusual movements, and speculative coins are likely to emerge again. However, most speculative coins rise quickly but also drop quickly, so it's important to take profits in a timely manner.
Daily level resistance is at 110300-120000, and support is at 103200-100400-97850-95930-94000.
Translate
SOL行情走势分析20250625
小时级别走势是同步比特币走的，震荡的幅度要小一些。
日线是一根十字星形态的小阳线，成交量是前一天的一半多一点，属于窄幅缩量震荡走势，日线M30线依然保持下行趋势，MACD在零轴下方不远处，呈现下跌动能减弱的走势，如果接下来两天收阳线，那么MACD就会呈现金叉的形态，还会有一波上涨行情。
日线目前依然还是反弹，而不是反转，MA30线会是近期的压力位（154），冲上去站稳之后才能视为行情反转的开始。
SOL的波动完全就是看比特币怎么走，到了MA30线还会有下跌调整。
逢低依然值得分批买入现货，作为中线持有。
日线级别压力位154-165-177，支撑位121-112-96-79
小时级别走势是同步比特币走的，震荡的幅度要小一些。
日线是一根十字星形态的小阳线，成交量是前一天的一半多一点，属于窄幅缩量震荡走势，日线M30线依然保持下行趋势，MACD在零轴下方不远处，呈现下跌动能减弱的走势，如果接下来两天收阳线，那么MACD就会呈现金叉的形态，还会有一波上涨行情。
日线目前依然还是反弹，而不是反转，MA30线会是近期的压力位（154），冲上去站稳之后才能视为行情反转的开始。
SOL的波动完全就是看比特币怎么走，到了MA30线还会有下跌调整。
逢低依然值得分批买入现货，作为中线持有。
日线级别压力位154-165-177，支撑位121-112-96-79
See original
Ethereum Market Trend Analysis 20250625
The hourly trend is synchronized with Bitcoin, showing a narrow range of fluctuations.
The daily line shows a small bullish candle in the form of a doji, with trading volume around two-thirds of the previous day. The daily MA30 line has shifted from a downward trend to a flat trend, and the MACD shows weakening downward momentum close to the zero axis. If bullish candles continue to form in the next two days, the MACD will create a golden cross, leading to a potential upward wave.
After a short-term price surge, it is still being suppressed by the lower edge of the red box, but this pressure is diminishing. The price will continue to push upwards, with the next resistance likely around the daily MA30 line, which is around 2550.
As long as the price has not stood above and stabilized at the daily MA30 line, it will be viewed as a rebound rather than a reversal.
Daily level resistance at 2550-2690-2730, support at 2120-2000-1860.
The hourly trend is synchronized with Bitcoin, showing a narrow range of fluctuations.
The daily line shows a small bullish candle in the form of a doji, with trading volume around two-thirds of the previous day. The daily MA30 line has shifted from a downward trend to a flat trend, and the MACD shows weakening downward momentum close to the zero axis. If bullish candles continue to form in the next two days, the MACD will create a golden cross, leading to a potential upward wave.
After a short-term price surge, it is still being suppressed by the lower edge of the red box, but this pressure is diminishing. The price will continue to push upwards, with the next resistance likely around the daily MA30 line, which is around 2550.
As long as the price has not stood above and stabilized at the daily MA30 line, it will be viewed as a rebound rather than a reversal.
Daily level resistance at 2550-2690-2730, support at 2120-2000-1860.
See original
Bitcoin Market Trend Analysis 20250625
The hourly level is showing narrow fluctuations here, with no clear direction.
The daily line shows a small bullish candlestick in a doji pattern, with trading volume only about half of the previous day. The price is fluctuating around the daily MA30 line, which is in a relatively flat state. The MACD is showing a weakening downward momentum near the zero axis. If we continue to close with a bullish candlestick today, then the MACD will form a golden cross, leading to another wave of increase.
Currently, the daily level is in a bullish pattern, but I believe it is still a rebound, not a reversal. Only when the daily MA30 line turns upward, and the price stands firm above the MA30 line can it be considered a market reversal.
In the short term, the price will still be influenced by the political situation of the conflict between Israel and Iran, as well as by Trump's every word and action, so contract players need to pay attention.
Altcoins have already shown unusual movements, and meme coins are about to appear again, but most meme coins rise quickly and fall quickly as well, so it’s important to take profits promptly and secure gains.
Daily level resistance is at 106580-110300-120000, and support is at 100400-97850-95930-94000.
The hourly level is showing narrow fluctuations here, with no clear direction.
The daily line shows a small bullish candlestick in a doji pattern, with trading volume only about half of the previous day. The price is fluctuating around the daily MA30 line, which is in a relatively flat state. The MACD is showing a weakening downward momentum near the zero axis. If we continue to close with a bullish candlestick today, then the MACD will form a golden cross, leading to another wave of increase.
Currently, the daily level is in a bullish pattern, but I believe it is still a rebound, not a reversal. Only when the daily MA30 line turns upward, and the price stands firm above the MA30 line can it be considered a market reversal.
In the short term, the price will still be influenced by the political situation of the conflict between Israel and Iran, as well as by Trump's every word and action, so contract players need to pay attention.
Altcoins have already shown unusual movements, and meme coins are about to appear again, but most meme coins rise quickly and fall quickly as well, so it’s important to take profits promptly and secure gains.
Daily level resistance is at 106580-110300-120000, and support is at 100400-97850-95930-94000.
See original
SOL Market Trend Analysis 20250624
The hourly trend is in sync with Bitcoin, so it is not an independent market.
The daily line shows a long bullish candle with upper and lower shadows, and the trading volume is slightly higher than the previous day, basically maintaining a stable state. Compared to the price increase, the trading volume is somewhat lacking.
Currently, the price has rebounded to the level mentioned in yesterday's market commentary, so be careful to take profits in time to prevent profit erosion.
In the short term, the price will continue to follow Bitcoin; when Bitcoin rises, SOL rises, and when Bitcoin falls, SOL falls.
Currently, the price rebound has encountered resistance at the daily MA120 line, leading to an hourly-level downward adjustment. The strong upward momentum of the large bullish candle suggests that there may still be upward movement today, with the daily MA30 line being an important resistance level, around the price of 154.
Currently, it is still a rebound and not a reversal; after the rise, there is still a need for further downward adjustment.
Daily-level resistance at 154-165-177, support at 121-112-96-79
The hourly trend is in sync with Bitcoin, so it is not an independent market.
The daily line shows a long bullish candle with upper and lower shadows, and the trading volume is slightly higher than the previous day, basically maintaining a stable state. Compared to the price increase, the trading volume is somewhat lacking.
Currently, the price has rebounded to the level mentioned in yesterday's market commentary, so be careful to take profits in time to prevent profit erosion.
In the short term, the price will continue to follow Bitcoin; when Bitcoin rises, SOL rises, and when Bitcoin falls, SOL falls.
Currently, the price rebound has encountered resistance at the daily MA120 line, leading to an hourly-level downward adjustment. The strong upward momentum of the large bullish candle suggests that there may still be upward movement today, with the daily MA30 line being an important resistance level, around the price of 154.
Currently, it is still a rebound and not a reversal; after the rise, there is still a need for further downward adjustment.
Daily-level resistance at 154-165-177, support at 121-112-96-79
See original
Ethereum Market Trend Analysis 20250624
The hourly trend continues to move in sync with Bitcoin, with daytime fluctuations trending upwards. After a quick drop at the opening of the US stock market, it quickly rebounded and continued to rise.
The daily chart shows a long bullish candle with short upper and lower shadows, and the trading volume is slightly less than the previous day. This trading volume does not match well with the bullish candle.
The daily MA30 line has flattened due to this large bullish candle, but the price is still below the MA30 line, indicating that it is merely a rebound and not a reversal. Only when the price stands above and stabilizes above the MA30 line can it be considered a trend reversal.
The lower edge of the upcoming red box (2450) and the daily MA30 line (2550) will remain important resistance levels in the near term. After this rebound, I believe there will still be a downward adjustment, so long positions should remember to take profits in a timely manner.
Daily level resistance at 2450-2560-2690, support at 2120-2000-1860.
The hourly trend continues to move in sync with Bitcoin, with daytime fluctuations trending upwards. After a quick drop at the opening of the US stock market, it quickly rebounded and continued to rise.
The daily chart shows a long bullish candle with short upper and lower shadows, and the trading volume is slightly less than the previous day. This trading volume does not match well with the bullish candle.
The daily MA30 line has flattened due to this large bullish candle, but the price is still below the MA30 line, indicating that it is merely a rebound and not a reversal. Only when the price stands above and stabilizes above the MA30 line can it be considered a trend reversal.
The lower edge of the upcoming red box (2450) and the daily MA30 line (2550) will remain important resistance levels in the near term. After this rebound, I believe there will still be a downward adjustment, so long positions should remember to take profits in a timely manner.
Daily level resistance at 2450-2560-2690, support at 2120-2000-1860.
See original
Bitcoin Market Trend Analysis 20250624
The hourly level is experiencing a fluctuating upward trend. After the US stock market opened, there was a downward spike, followed by a quick recovery, resulting in a fairly good upward movement.
The daily line shows a long bullish candle with short upper and lower shadows, and the trading volume is roughly the same as the previous day.
The daily MA30 line still shows a downward trend, and the MACD is below the zero axis, indicating that the downward momentum is weakening.
The price increase encountered resistance at the daily MA30 line, resulting in a slight downward adjustment at the hourly level. The news is influenced by the ceasefire between Iran and Israel, but as mentioned in our market analysis yesterday, after a decline, a rebound is expected. The news just provided a boost, increasing both the extent and speed of the price increase.
After the rebound, there will still be a need for further downward adjustment. I believe that before interest rate cuts are officially confirmed and announced, it will be difficult for Bitcoin to reach new highs.
Daily level resistance levels are 106580-110300-120000, and support levels are 100400-97850-95930-94000.
The hourly level is experiencing a fluctuating upward trend. After the US stock market opened, there was a downward spike, followed by a quick recovery, resulting in a fairly good upward movement.
The daily line shows a long bullish candle with short upper and lower shadows, and the trading volume is roughly the same as the previous day.
The daily MA30 line still shows a downward trend, and the MACD is below the zero axis, indicating that the downward momentum is weakening.
The price increase encountered resistance at the daily MA30 line, resulting in a slight downward adjustment at the hourly level. The news is influenced by the ceasefire between Iran and Israel, but as mentioned in our market analysis yesterday, after a decline, a rebound is expected. The news just provided a boost, increasing both the extent and speed of the price increase.
After the rebound, there will still be a need for further downward adjustment. I believe that before interest rate cuts are officially confirmed and announced, it will be difficult for Bitcoin to reach new highs.
Daily level resistance levels are 106580-110300-120000, and support levels are 100400-97850-95930-94000.
See original
Ethereum Market Trend Analysis 20250624
The weekly line is a long bearish candle with short upper and lower shadows, and the trading volume is the same as the previous week, showing no significant decline in volume.
The weekly MA30 line shows a clear downward trend, and the MACD is exhibiting weakened upward momentum below the zero line.
At the weekly level, it is evident that the rebounds in the previous weeks have failed to break above the weekly MA30 line, and the price has been moving in a sideways downward trend. Currently, the price is getting closer to the lower edge of the red box (120), which will be a relatively good short-term buying position. The weekly MA120 line is also just near the lower edge of the red box (115), forming a double support.
The weekly level is expected to experience one or two weeks of consolidation at the lower edge of the red box before continuing to rebound. Note that this is a rebound, not a reversal.
The large cycle consolidation in the 120-180 area will continue.
The weekly line is a long bearish candle with short upper and lower shadows, and the trading volume is the same as the previous week, showing no significant decline in volume.
The weekly MA30 line shows a clear downward trend, and the MACD is exhibiting weakened upward momentum below the zero line.
At the weekly level, it is evident that the rebounds in the previous weeks have failed to break above the weekly MA30 line, and the price has been moving in a sideways downward trend. Currently, the price is getting closer to the lower edge of the red box (120), which will be a relatively good short-term buying position. The weekly MA120 line is also just near the lower edge of the red box (115), forming a double support.
The weekly level is expected to experience one or two weeks of consolidation at the lower edge of the red box before continuing to rebound. Note that this is a rebound, not a reversal.
The large cycle consolidation in the 120-180 area will continue.
See original
Ethereum Market Trend Analysis 20250623
The weekly chart shows a large bearish candle with short upper and lower shadows, and the trading volume is about one-fifth less than last week, indicating no significant volume drop.
The weekly MA30 line continues to trend downward, and the price has not broken through the weekly MA30 line, while the MACD shows weakening upward momentum just below the zero axis.
After five consecutive weeks of doji patterns, the weekly chart did not choose to break upward but followed Bitcoin's decline, indicating that there is no consensus among investors and significant divergence remains, which also reflects Ethereum's weakness.
Only when Bitcoin has completed its adjustment and stabilizes in a sideways trend, will there be a chance for Ethereum, and that is merely a possibility.
Of course, in the upcoming tail end of the bull market, I hope Ethereum can perform relatively well.
The weekly chart shows a large bearish candle with short upper and lower shadows, and the trading volume is about one-fifth less than last week, indicating no significant volume drop.
The weekly MA30 line continues to trend downward, and the price has not broken through the weekly MA30 line, while the MACD shows weakening upward momentum just below the zero axis.
After five consecutive weeks of doji patterns, the weekly chart did not choose to break upward but followed Bitcoin's decline, indicating that there is no consensus among investors and significant divergence remains, which also reflects Ethereum's weakness.
Only when Bitcoin has completed its adjustment and stabilizes in a sideways trend, will there be a chance for Ethereum, and that is merely a possibility.
Of course, in the upcoming tail end of the bull market, I hope Ethereum can perform relatively well.
See original
Bitcoin Market Trend Analysis 20250623
The weekly chart shows a slightly longer bearish candlestick with upper and lower shadows. The trading volume is on par with last week, and there is no significant decline in volume. The weekly MA30 line is gradually flattening from an upward trend, and the weekly MACD is showing a weakening upward trend near the zero axis.
The adjustment at the weekly level will continue; currently, it is in a top divergence pattern. A pullback to the weekly MA30 line (95800) will trigger a rebound, but the strength of the rebound will not be significant, and then it will continue to decline for adjustment. The strong support at the weekly level will still be near the weekly EMA52 line (85000), where there will be a relatively strong rebound.
The weekly chart shows a slightly longer bearish candlestick with upper and lower shadows. The trading volume is on par with last week, and there is no significant decline in volume. The weekly MA30 line is gradually flattening from an upward trend, and the weekly MACD is showing a weakening upward trend near the zero axis.
The adjustment at the weekly level will continue; currently, it is in a top divergence pattern. A pullback to the weekly MA30 line (95800) will trigger a rebound, but the strength of the rebound will not be significant, and then it will continue to decline for adjustment. The strong support at the weekly level will still be near the weekly EMA52 line (85000), where there will be a relatively strong rebound.
See original
SOL Market Trend Analysis 20250622
The hourly level is basically following Bitcoin, with a more pronounced decline.
The daily line shows a long bearish candlestick with upper and lower shadows, and the daily MA30 line maintains a downward trend. The MACD has crossed below the zero line, indicating a weakening downward momentum.
The view has not changed: a large range of oscillation, and the downward momentum has not yet been fully released. There will be a rebound during the day, but after a brief rebound at the daily level, it will continue to follow Bitcoin and drop to a low.
The lower edge of the red box, around 120, will be a relatively strong support level in the near term, and there will be a daily-level rebound trend when it reaches this level.
We have always said that SOL will take a long time to adjust, at least a few months of wide oscillation in the 120-180 range before there is a continuation of the upward trend, so have a bit more patience and buy in batches on dips.
The price is still oscillating in the red box area, with the lower edge around 120, the upper edge around 164, and the central axis position around 142.
The daily level resistance levels are 142-153-165-177, and support levels are 130-117-110.
The hourly level is basically following Bitcoin, with a more pronounced decline.
The daily line shows a long bearish candlestick with upper and lower shadows, and the daily MA30 line maintains a downward trend. The MACD has crossed below the zero line, indicating a weakening downward momentum.
The view has not changed: a large range of oscillation, and the downward momentum has not yet been fully released. There will be a rebound during the day, but after a brief rebound at the daily level, it will continue to follow Bitcoin and drop to a low.
The lower edge of the red box, around 120, will be a relatively strong support level in the near term, and there will be a daily-level rebound trend when it reaches this level.
We have always said that SOL will take a long time to adjust, at least a few months of wide oscillation in the 120-180 range before there is a continuation of the upward trend, so have a bit more patience and buy in batches on dips.
The price is still oscillating in the red box area, with the lower edge around 120, the upper edge around 164, and the central axis position around 142.
The daily level resistance levels are 142-153-165-177, and support levels are 130-117-110.
See original
Ethereum Market Trend Analysis 20250622
The hourly trend is synchronized with Bitcoin, but the magnitude of the decline is greater than that of Bitcoin, and the speed of the decline is also much faster.
The daily line shows a long bearish candlestick with upper and lower shadows, and the trading volume is about three-quarters of the previous day, still maintaining normal trading volume.
The daily MA30 line is turning down, and the MACD continues to show an increasing bearish momentum.
The price rapidly dropped, reaching around 2216, briefly breaking through the 2320 level we mentioned yesterday, and then quickly rebounded back to around 2300. There will still be hourly rebounds, returning above 2320, leading to a period of rebound and upward trend.
The lower edge of the red box and the daily MA30 line have changed from support levels to resistance levels. Short on rebounds at highs; as long as Bitcoin's adjustment has not ended, Ethereum will still not perform very well.
Daily resistance levels are 2450-2560-2680-2770, support levels are 2200-2150-2000-1860.
The hourly trend is synchronized with Bitcoin, but the magnitude of the decline is greater than that of Bitcoin, and the speed of the decline is also much faster.
The daily line shows a long bearish candlestick with upper and lower shadows, and the trading volume is about three-quarters of the previous day, still maintaining normal trading volume.
The daily MA30 line is turning down, and the MACD continues to show an increasing bearish momentum.
The price rapidly dropped, reaching around 2216, briefly breaking through the 2320 level we mentioned yesterday, and then quickly rebounded back to around 2300. There will still be hourly rebounds, returning above 2320, leading to a period of rebound and upward trend.
The lower edge of the red box and the daily MA30 line have changed from support levels to resistance levels. Short on rebounds at highs; as long as Bitcoin's adjustment has not ended, Ethereum will still not perform very well.
Daily resistance levels are 2450-2560-2680-2770, support levels are 2200-2150-2000-1860.
See original
Bitcoin Market Trend Analysis 20250622
Hourly level shows a narrow range fluctuation during the day, starting to decline in the early morning today, influenced by news of the U.S. bombing Iranian nuclear facilities, dropping to around 100838 before forming a quick rebound.
The daily line is a bearish candle with upper and lower shadows, and the trading volume is slightly more than two-thirds of the previous day. The daily MA30 line is still in a downward trend, the MACD fast line has crossed below the zero axis, and the slow line is still just above the zero axis, about to cross below it. The price briefly fell below the support of the daily EMA52 line; the subsequent rise is merely a rebound, not a reversal.
After the price rebounds, it will further decline to lower positions to seek support, and the round number of $100000 will definitely be broken. We will wait and see.
Daily level resistance levels are 106580-110300-120400-130000, and support levels are 97650-95930-93910.
Hourly level shows a narrow range fluctuation during the day, starting to decline in the early morning today, influenced by news of the U.S. bombing Iranian nuclear facilities, dropping to around 100838 before forming a quick rebound.
The daily line is a bearish candle with upper and lower shadows, and the trading volume is slightly more than two-thirds of the previous day. The daily MA30 line is still in a downward trend, the MACD fast line has crossed below the zero axis, and the slow line is still just above the zero axis, about to cross below it. The price briefly fell below the support of the daily EMA52 line; the subsequent rise is merely a rebound, not a reversal.
After the price rebounds, it will further decline to lower positions to seek support, and the round number of $100000 will definitely be broken. We will wait and see.
Daily level resistance levels are 106580-110300-120400-130000, and support levels are 97650-95930-93910.
See original
SOL Market Trend Analysis 20250621
The hourly level follows Bitcoin, but lacks the intermediate fluctuation process, starting to decline before Bitcoin does, and accelerating its drop when Bitcoin falls.
The daily chart shows a long bearish candlestick with a short upper wick and a long lower wick, with trading volume increasing by one-third compared to the previous day, still within normal trading volume.
The daily MA30 line maintains a downward trend, and the MACD shows an increasing bearish momentum below the zero axis, indicating that the rise is still a rebound and not a reversal.
Since May 30, when the daily line broke below the MA30 line, the upward trend has essentially declared an end, and on June 10, the price rebounded to the MA30 line and made a false breakout before declining, thus confirming the continuation of the downward trend.
We have been saying that SOL will have a long adjustment period, at least a few months of wide fluctuations in the 120-180 area before continuing to rise, so be patient and buy in batches on dips.
The price is still fluctuating within the red box area, with the lower edge around 120 and the upper edge around 164, and the midpoint around 142.
The daily level resistance is at 156-165-177, and support is at 134-120-110.
The hourly level follows Bitcoin, but lacks the intermediate fluctuation process, starting to decline before Bitcoin does, and accelerating its drop when Bitcoin falls.
The daily chart shows a long bearish candlestick with a short upper wick and a long lower wick, with trading volume increasing by one-third compared to the previous day, still within normal trading volume.
The daily MA30 line maintains a downward trend, and the MACD shows an increasing bearish momentum below the zero axis, indicating that the rise is still a rebound and not a reversal.
Since May 30, when the daily line broke below the MA30 line, the upward trend has essentially declared an end, and on June 10, the price rebounded to the MA30 line and made a false breakout before declining, thus confirming the continuation of the downward trend.
We have been saying that SOL will have a long adjustment period, at least a few months of wide fluctuations in the 120-180 area before continuing to rise, so be patient and buy in batches on dips.
The price is still fluctuating within the red box area, with the lower edge around 120 and the upper edge around 164, and the midpoint around 142.
The daily level resistance is at 156-165-177, and support is at 134-120-110.
See original
Ethereum Market Trend Analysis 20250621
The hourly trend is synchronized with Bitcoin, first rising, then consolidating, followed by a rapid decline.
The daily line shows a long bearish candlestick with short upper and lower shadows, and the trading volume is more than twice that of the previous day, but still within the normal trading volume range.
The price has broken below the lower edge of the red box and has also fallen below the support of the daily EMA52 line. The daily MA30 line has also started to turn downward. The MACD fast line has crossed below the zero line, and the slow line is also showing increased downward momentum near the zero line. Due to the long candlestick body, the downward momentum has not been fully released, and it is necessary to pay attention to potential rebounds at the hourly level before further price declines.
Recently, we have been saying that if Bitcoin falls, Ethereum will definitely follow. Only when Bitcoin is consolidating does Ethereum have a chance to catch up.
Currently, Bitcoin has not adjusted properly. We need to wait for Bitcoin to complete its adjustment before Ethereum has the potential to show a good upward trend.
The daily level resistance levels are 2560-2680-2770-2960-3060, and support levels are 2320-2200-2130.
The hourly trend is synchronized with Bitcoin, first rising, then consolidating, followed by a rapid decline.
The daily line shows a long bearish candlestick with short upper and lower shadows, and the trading volume is more than twice that of the previous day, but still within the normal trading volume range.
The price has broken below the lower edge of the red box and has also fallen below the support of the daily EMA52 line. The daily MA30 line has also started to turn downward. The MACD fast line has crossed below the zero line, and the slow line is also showing increased downward momentum near the zero line. Due to the long candlestick body, the downward momentum has not been fully released, and it is necessary to pay attention to potential rebounds at the hourly level before further price declines.
Recently, we have been saying that if Bitcoin falls, Ethereum will definitely follow. Only when Bitcoin is consolidating does Ethereum have a chance to catch up.
Currently, Bitcoin has not adjusted properly. We need to wait for Bitcoin to complete its adjustment before Ethereum has the potential to show a good upward trend.
The daily level resistance levels are 2560-2680-2770-2960-3060, and support levels are 2320-2200-2130.
Login to explore more contents