The 1.9 area is a potential support-resistance conversion point on the daily chart. When the price can subsequently rebound after revisiting this level, entry can be considered.
ETH The market is really interesting When Ethereum was pushing for 2600 and 2700 Everyone was calling for 3000 and 4000 Now that it has dropped, everyone is looking at 2000
XRP reveals 'Life and Death at 2.35'! The long-short battle at $2.45, breakout at $2.8 or crash to $2.1?
$2.45 bear stronghold is rigorously defended XRP is attempting to follow the footsteps of Bitcoin and Ethereum, launching an attack towards the $2.35 resistance area, but it faces fierce resistance from the bears in the $2.45 region. The price quickly fell back after reaching a high of $2.4495, not only breaking below the $2.40 support level but also losing the 50% Fibonacci retracement level of the upward trend between $2.299 and $2.449, leading to a stalemate in the long-short battle. $2.35 is the last line of defense for the bulls Currently, the bulls are putting up a strong defense at the $2.35 support level. The hourly chart shows a bullish trend line forming a resonance support at $2.3550, which coincides perfectly with the 61.8% Fibonacci retracement level, forming a short-term 'line of life and death'. However, the price has already fallen below $2.40 and the 100-hour moving average, indicating significant short-term upward pressure.
Bitcoin's six consecutive days of gains! Ethereum's spike rebound! Fusaka's launch may ignite L2 frenzy.
Price holds key support, SHIB is brewing a new round of explosion. As of the time of writing, Shiba Inu (SHIB) is stabilizing above the key demand area of $0.00001413, having previously retreated from a local high of $0.00001764. Although the short-term pullback has raised market concerns, the overall trend remains strong and upward from a structural perspective.
This support area has triggered rebounds multiple times in historical cycles, demonstrating strong buyer intent to enter. The price continues to hold above this level, leaving ample space for a potential bullish counterattack. The stochastic RSI is about to rebound off the bottom, with technical indicators strongly bullish.
Many people are confused, what happened to the market these past two days, it went up and then crashed, in this kind of market, sleep at night and do whatever during the day. Below is the long-awaited activity of the whales, everyone take a look, the whales have started selling, the strategy of buying Ethereum on the rise is still valid.
🚨【Whale Selling Warning】Two whales sold over $17 million in $ETH within 3 hours! ➡️ 0xD20E sold 4,718 ETH (approximately $11.53 million), making a profit of $3.18 million💰 ➡️ 0x9BDa sold 2,594 ETH (approximately $6.23 million), making a profit of $1.31 million💸
From May 7 to 14, the BTC concentration of chips dropped rapidly from 15.5% to 8.2%, indicating that as the price rises, the chips begin to disperse. If the curve continues to decline, it likely means that the price will continue to rise.
However, after the 14th, the concentration stabilized around 8.2%, even showing slight signs of turning. This concentration level is neither high nor low; if the price drops back into the chip zone, the concentration may quickly rise, leading to stronger volatility, similar to the market on January 23 of this year; if it continues to rise, it may only be a brief pause like on November 3 of last year, followed by further increases.
Overall, this kind of "pause" means the market is once again at a decision point regarding direction. This indicator does not currently indicate a direction but reminds us that volatility may intensify, making it suitable to consider a long volatility strategy.
Similarly, with multiple armies, many analysts may have heard bullish predictions up to $150,000; today I will share a different perspective. The current market is quite similar to the market in 2021, following a pattern of a deep correction after reaching a historical high before setting a new historical high, as shown in the image. Therefore, once a new historical high is achieved, I will liquidate my positions. The strategy of buying the dips remains effective, and I will continue to observe moving forward.
As it stands, USELESS has become BONK's new dragon one Nihilism is spreading worldwide Fartcoin financial nihilism, everything is p Housecoin real estate nihilism, claims one coin one House NEET employment nihilism, lying flat DRA pension nihilism, decentralized crypto gives you a pension Useless everything is worthless
SOL capital inflow, bullish signals are clear! Will the $180 key resistance fail?
On-chain data turns positive, noticeable capital inflow for SOL After several months of capital outflow, Solana's 30-day actual market cap inflow has finally turned positive, currently up about 4-5%. Glassnode data indicates that SOL has kept pace with XRP in capital recovery, showing that market confidence is being restored. This capital inflow is often a precursor to rising demand and prices.
The futures market is releasing strong buying signals CryptoQuant data shows that SOL's 90-day futures CVD (Cumulative Volume Delta) continues to rise, indicating that the market is in a 'buying on the bid' phase, suggesting strong upward expectations from traders. Both spot and futures are bullish, reinforcing the potential for SOL to continue rising.
Bitcoin has shown significant signs of a breakthrough The next breakthrough may be 110000 Most people's opinions are wrong Let's increase our positions together, quickly charge
Is FTX's $5 billion sell-off imminent? BTC is consolidating at high levels, and altcoins are undergoing severe corrections; is the turning point of the bull market approaching?!
Fundamental Dynamics: 1. FTX is expected to launch its main compensation process on May 30, allocating over $5 billion in funding. Selling some assets to raise compensation funds may create short-term selling pressure on the market; however, the return of compensation payments is expected to enhance market liquidity in the medium term and help restore investor confidence in the long run. 2. Coinbase customer data is suspected to have been hacked since January, with losses potentially reaching up to $400 million. Data security incidents may impact the platform's reputation and stock price. 3. Federal Reserve's Barr warns that tariff-related supply chain disruptions may hinder economic growth and elevate inflation, making the monetary policy outlook more complex.
The situation in the futures market remains sluggish. After the first callback for the clearing of 100800, the speed at which liquidity accumulates in price fluctuations has clearly decreased by more than 50%!
This indicates that potential oscillations will take longer to complete a breakout or breakdown;
Currently, the only liquidity area worth watching is between 105k and 106.5k. If prices continue to rebound, there may be an opportunity for market makers or large funds to execute a targeted clearing...
Recently, although Bitcoin is experiencing a pullback, not many people are panicking. The current greed index is 70, indicating a greedy state. It is evident that everyone is still quite optimistic about the future market.
Bitcoin finds itself in a deadlock between bulls and bears: How long can the $100,000 barrier hold?
Bullish forces are weakening, and prices are hovering around key psychological levels. In the past six days, Bitcoin's price has been consolidating above $104,000, raising concerns in the market about weakening demand. Especially against the backdrop of its clearly declining market dominance - this indicator reached a high of 65.38% last Wednesday but has plummeted to 6.86% in the past 24 hours, indicating a significant outflow of funds to the altcoin sector.
Bullish momentum is weakening, and there are divergences in capital flow. The decline in Bitcoin's dominance highlights that altcoins are attracting more market attention, and the momentum that previously pushed BTC to break the $100,000 mark has clearly diminished. Meanwhile, ETF data has also exacerbated pessimism. The rise at the beginning of May benefited from strong institutional entry, while this week saw net outflows from ETFs, with $86.2 million withdrawn just from Monday to Tuesday, signaling uncertainty in market direction.
Expected to lurk in the range of 1.8-1.9, pay attention to the pullback opportunities after the daily line breakout. Currently adjusting with the overall market on the 4-hour level, consider buying on dips after the SKDJ golden cross is confirmed. If the overall market stabilizes from the weekend to next week, GRASS is likely to have a second explosion. Also pay attention to the 4-hour change window for BTC and ETH, with the SKDJ golden cross timing falling between 16:00-20:00, which is a key observation period. Overall, the daily line large cycle is expected to usher in a 3-wave or even 5-wave rise, and a strong performance of the overall market can be anticipated.
Is Bitcoin's false breakout leading to a real decline? ETH's upper shadow densely hides dangers! Is a market storm imminent?
1. Fundamentals: Three major events ignite market undercurrents. 1. Tether enters the AI field, aiming at the Web3 offline intelligent ecosystem. Tether announces the launch of the AI development platform 'QVAC', aimed at promoting AI agents to run locally, support offline transactions, and integrate USDT and BTC payments. This could reshape the AI + blockchain integration path and expand the application boundaries of stablecoins once again. 2. The political storm in the US spills over into the crypto circle, with the Democrats naming Trump. Recently, the Democratic Party has requested the Treasury Department to investigate the details of Trump's past crypto transactions, implying a risk of 'political bribery'. This event may trigger a new round of regulatory storm around 'crypto assets and politics'.
Is BTC a double top? Or is the bull market restarting? Understanding the 🌈 rainbow chart will clarify this for you! 1️⃣ At the beginning of February, it peaked and retreated. In early April, the V recovery succeeded, and Bitcoin strongly returned above 100,000 USD, peaking at 105,800. This year's market clearly breaks the seasonal pattern of previous years from Chinese New Year to the beginning of the year to April, with a stronger and faster trend! 2️⃣ The rainbow chart shows: after stabilizing at 100,000, the next target is 143,000, and further up is 193,000, which just happens to be the doubling space corresponding to institutional target price ranges. 3️⃣ The Federal Reserve is expected to have three more rate cuts this year. Although the probability in June is low, the speculation expectations for July and August are sufficient. Combined with the liquidity easing trend, BTC could really be heading towards the 'one million RMB' era!
Bitcoin Market Analysis 1) Yesterday's short-term support at 103000 held, allowing for a rebound of over 1000 dollars, and it has been supported 5 times, with the support effect weakening; if it drops further, it could easily break.
2) Maintaining the view that if the resistance level at 105000 is not broken, a pullback can be expected 📉
3) Two demand zones below are waiting for orders to be filled.
1️⃣ Buy at 101400-102200 (waiting for orders to be filled) 2️⃣ Buy at 99000-99800 (waiting for orders to be filled)
Medium to long-term view: Currently, this is a pullback from the rise to 74000, and after the pullback, it will rise again. The first support is at 92900-95300, and the second support is at 83000-86000.