The Ethereum Pectra upgrade (May 7, 2025) will optimize multiple dimensions including account abstraction, staking mechanism, data storage and processing, and verification efficiency. It is expected to significantly promote areas such as smart wallets, staking services, Layer 2 scaling solutions, and cross-chain communication in the cryptocurrency market. Representative projects in these sectors will encounter major development opportunities.
Analyst 7 analyzed the trends of Bitcoin, mentioning in the post that if it breaks 95200 in one hour, the short-term outlook is bullish. Now, considering the larger time frame, the only resistance above seems to be the double top resistance at 110000. If reached, it may lead to a significant pullback. Those looking to short at resistance should be cautious of false breakouts. It is not recommended to go too large; it’s better to wait for confirmation before adding to positions.
溪水交易
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Bullish
Understanding the BTC Trend with Three Charts
(P1) The daily chart clearly shows that since dropping to 74,500 on April 7, it rebounded 30% to nearly 98,000. However, there are a large number of order blocks nearby. Between December and mid-January, a double top pattern was established. If it wants to break through this large rectangle in the short term, BTC may collect liquidity in a head and shoulders bottom formation to break through this large cycle's rectangular oscillation.
(P2) If it falls below 91,000 on the four-hour chart, BTC may need to establish a right shoulder in the range of 84,000 to 78,000. Currently, if considering a long position, the stop-loss is around 3.4%. From the four-hour perspective, it is only recommended to focus on the price range of 84,000 to 78,000; no other considerations are necessary.
(P3) The one-hour chart shows a more obvious order block that failed to break through after three validations. In the short term, if it can break through 95,200, there may be a bullish outlook. If it falls below 91,500, one should consider going short.
Ethereum should reduce its holdings; currently at a resistance level with the risk of a pullback. It is necessary to pay attention to whether the hourly line can break through. If the hourly line can break through, then focus on smaller time frames for long positions. #BTC重返10万 #BTC交易 #Pectra升级
After the daily line bottom received on $ENA , it's unclear whether the rebound of ten points can break through the previous high. I choose to secure my profits, and everyone can choose to take partial profits.
Can this be considered good news for Ethereum? Linea announced that starting from May 8th, it will optimize the bridging experience. Users can transfer assets from the Ethereum mainnet (L1) to Linea (L2) through its native tools without incurring L2 network gas fees, provided the following conditions are met: 1. The gas consumption for a single transaction must be less than 250,000 units (applicable to standard transfer scenarios); 2. USDC bridged through Circle's CCTP will not enjoy this benefit; 3. Users still need to bear the base gas fees of the Ethereum mainnet (L1).
Linea reduces the cross-chain costs for users, with L2 side gas fees subsidized by the project (conditional), but L1 fees and specific bridging methods (such as USDC's CCTP) are still the user's responsibility.$ETH #Linea
(P1) The daily chart clearly shows that since dropping to 74,500 on April 7, it rebounded 30% to nearly 98,000. However, there are a large number of order blocks nearby. Between December and mid-January, a double top pattern was established. If it wants to break through this large rectangle in the short term, BTC may collect liquidity in a head and shoulders bottom formation to break through this large cycle's rectangular oscillation.
(P2) If it falls below 91,000 on the four-hour chart, BTC may need to establish a right shoulder in the range of 84,000 to 78,000. Currently, if considering a long position, the stop-loss is around 3.4%. From the four-hour perspective, it is only recommended to focus on the price range of 84,000 to 78,000; no other considerations are necessary.
(P3) The one-hour chart shows a more obvious order block that failed to break through after three validations. In the short term, if it can break through 95,200, there may be a bullish outlook. If it falls below 91,500, one should consider going short.
It is best not to touch hot coins in the absence of good news, because you never know where the bottom is. A few candlestick rebounds are simply not enough to support a reversal momentum. It is better to blacklist them and not to criticize.
$ALPACA In one week, it increased by 700%. Treating the secondary market as the primary one, the last token was UNFI, this time it is ALPACA, who will be next?
We really need to manage these 'dog farms' properly; even when death is imminent, they still want to drag others down with them. #SEC推迟多个现货ETF审批 #ALPACA/USDT
If you want to make money in the market, technical analysis may fail, but it is still the most important part for ordinary retail investors to establish themselves in the market.
$SUI How to find better buying signals in this wave of rising? Since the beginning of the year, it has dropped for nearly three months, and a few days ago there was finally a nice wave of rising. As a bull, I am definitely paying attention to the bullish trends. At the first opportunity, I told my friend to enter SUI at 2.15, and it has now risen nearly 70%. This has been a relatively comfortable trade in these past few months.
The weekly support at 1.915 has held up this three-month decline. Currently, I do not recommend chasing long positions; instead, we should wait for a pullback to the price range of 2.81--2.62. It is not certain that we can touch the 2.4 support again. If it does drop near 2.4 again, then the probability of rising further will likely not break the previous high. Give it a little time. $SUI
$SUI 2.15 going long, with nearly a 40% increase in two days. In the current environment, how many people can achieve such a performance close to a 40% increase in a short time?
I haven't updated my posts for a long time, mainly because of traffic issues; posting valuable content doesn't get traffic, and even sharing more points doesn't get traffic. I don't know what type of content creator to be, I'll update as it comes, wishing everyone prosperity
The pancake is currently under short selling pressure. If it doesn't stabilize, it may further decline. For those holding long positions below, it is necessary to reduce holdings.
March 25 clearly indicates that the conditions for a decline exist between 2050 and 2150, and there has been a drop of over 200 points‼️
Before the weekend, it fell back to 1800, indicating that there is significant bearish pressure above, and retail investors are unwilling to take over, making the short-term market very sluggish. Currently, without a large influx of funds, there won't be much fluctuation, and the mentioned 2130 has not been reached. If it were to break through, there would be a phase of upward movement, which is quite regrettable.
In the short term, if it drops below 1850, we may see previous lows of 1750 or even starting at 1500. In summary, as long as the four-hour chart does not reverse, the bulls will have their day. Everyone, please be patient and wait a bit.
You can pay more attention to my posts; the points are generally quite accurate, and even if you're late to the wave, you can usually make a profit.
If anyone has any questions, feel free to reach out to me for communication and exchange. Wishing everyone successful trading, thank you for your support. $ETH $BTC $SOL