After dropping to 2,348, ETH has shown a significant rebound, currently reported at 2,405, with buyers re-entering around 2,350, indicating that strong support is still in effect.
If it can stabilize above 2,400 and break through 2,450, the bearish structure may be broken. Currently, trading volume has slightly increased, and the short-term candlestick has turned bullish, further solidifying the upward foundation.
If momentum continues, ETH is expected to challenge 2,500 again. Conversely, if it falls below 2,350, one should remain cautious of downward risks. The short-term direction is about to become clear and is worth paying attention to.
The market is always like this When it rises, it is always slow and unsteady When it falls, it is always smooth as water If the direction and timing of entry are right Everything will be right
Shiba Inu (SHIB) is currently hovering around key market levels, with new technical indicators and on-chain data suggesting a potential price reversal. This moment is particularly important for investors as the price trend shows a key turning point in market dynamics. Price firmly holds the demand zone, with the market contesting momentum. Shiba Inu's price is currently stable above the demand zone of $0.00001413, which has historically provided support for buyers. Despite a pullback after the local peak of $0.00001764, SHIB's price still hovers above that area, indicating that the market is in a phase of momentum contest.
If 160 USD can stabilize, consider light long positions.
Pay attention to changes in trading volume during rebounds; be cautious if there is no volume support.
If it breaks below 160, the adjustment may continue, targeting 150.
Overall, SOL faces significant short-term adjustment pressure, but the medium-term bullish structure is not completely broken; watch if the key support can stabilize.
Dogecoin (DOGE) Breaks Downtrend Channel, Tests Support Level, and Regains Bullish Momentum
Dogecoin (DOGE) has successfully broken through the previous downtrend channel and retested a key support level, steadily maintaining above $0.22, confirming its bullish structure. Currently, the trading price of DOGE is $0.2238, having increased by 3.37% in the past 24 hours. If it breaks through the resistance range of $0.25, Dogecoin is expected to reach higher targets. Key resistance level: $0.25 range. $0.25 is currently the main resistance level, which acted as a support level in February before turning into a supply zone. If DOGE successfully breaks through this level, it may lay the foundation for further upward movement to $0.35.
In the cryptocurrency world, there is no shortage of myths about becoming rich overnight, but those who remain are the ones who understand how to manage risk.
No matter how good the market is, always leave some room; no matter how strong the opportunity is, don't go all in.
Making money is the result, surviving is the prerequisite. A bull market is not for "going all in," but for amplifying profits and controlling drawdowns.
Always remember: the market goes through cycles, but once the principal is lost, everything comes to an end.
The current BTC market feels like being stuck in an elevator between two floors. Neither up nor down, watching and wanting to make a move but unable to lift my hand. If a trend is really coming, it might have to wait until next month. For now, let's just lie down and watch the altcoins dance. 🫡
For those who are still considering shorting Ethereum at the current position, perhaps the wisest choice at this moment is not to act, but to calm down and reassess the trend.
The market has released clear bullish signals, and continuing to operate against the trend will only increase risk. In a strong trend, prices often do not follow traditional logic; by the time you truly accept the reality of the rise, you may have already missed the best opportunity to enter.
At this time, choosing to go with the trend and embrace the bulls may be a strategy with a higher win rate at this stage.
Despite EOS's recent name change and attempts to create a new wave of topic heat, the market performance still has not escaped the shadow of long-term stagnation. Even when there are occasional surges, they are mostly short-term trends, lacking sustained support. Once this wave of sentiment recedes, it is feared that the price will return to its original position, 'dust to dust, earth to earth.'
Looking back at the optimistic expectations in the early years of the market regarding 'EOS's three-wave peak could reach 100 dollars,' it seems that these have long been unfulfilled. Years have passed, and EOS still hovers below 1 dollar. Such resilience, while 'admirable,' also reveals the project's lack of substantial breakthroughs — remaining on exchanges without being delisted may be considered one of the few displays of 'tenacity.'
Whether it can achieve something in the future depends crucially on subsequent updates and ecological development. Without solid infrastructure support, even the most splendid vision is merely a castle in the air. If the new round of technological iteration and project layout continues to be ineffective, EOS will likely struggle to escape the fate of continued marginalization.
True masters do not predict rises and falls, but hone their resilience.
The test in the crypto world is not about predicting rises and falls, but the psychological resilience to persist with the correct strategy over the long term.
You may be wrong countless times in the short term, but as long as you manage your risks and patiently wait for your opportunity, it will eventually be your turn to sit at the table and eat.
Resilience is not about stubbornly holding on, but about being willing to adjust direction in the storm and continue moving forward with reason.
Rises and falls are just part of the process; persistence is the turning point of destiny.
No one can escape all the pitfalls, but only a few are willing to walk the entire path.
Who is rising, who is collapsing? ETH leads the counterattack, XRP and SHIB are at a crossroads!
XRP: Breakthrough failed, the $2 support may face a test.
XRP failed to maintain its previous strong breakthrough, currently priced around $2.49, down 2.25% during the day. Although still above the breakthrough area, the upward momentum is weakening. The technical chart shows a sharp decline in trading volume, with a significant drop in market buying interest. XRP tried to stabilize above $2.60 but quickly retreated, showing that bearish forces are strengthening. Currently, the $2.30 to $2.25 area constitutes a key support. Once it falls below, the psychological barrier of $2.00 may be hard to maintain, and XRP could enter a new downward channel or fall into a deeper consolidation pattern.
XRP: Bear Market Dominates, Short Sellers in Control
Entry Price: Below $2.4750
Target 1: $2.4500
Target 2: $2.4250 (Final Target)
Stop Loss: $2.5300
XRP has failed to hold key support, showing weak momentum. Since reaching a peak of $2.6516, the price has continued to decline, forming lower highs and lower lows, with a clear bearish pattern. If the price continues to operate below $2.50, it is expected to further drop towards the $2.42 region support.
ETH (Ethereum) surge opens a new era! Institutional funds entering, tight supply pushing prices towards $3,000!
Volatility caused by institutional withdrawal and potential opportunities. Recent price fluctuations of Ethereum reflect the reduction of holdings by traditional investors. The net outflow of the ETH spot ETF reached $10.83 million, meaning that the selling volume exceeded the buying volume, which may be profit-taking after the price increase.
However, despite this, Ethereum still demonstrates strong resilience, with the active participation of institutional investors being a key factor. Over the past 24 hours, more than 33,482 ETH were acquired, worth approximately $84.7 million, and a total of 211,030 ETH were accumulated over the past week, with a total value of up to $477.6 million.
SUI is consolidating, the direction of choice is just around the corner!
SUI has been fluctuating between $4.25 and $3.90 for the past few days, with bulls and bears in a stalemate, as if gathering strength for the next big market movement.
If it breaks through $4.25, the target is $5.
Once it effectively breaks through $4.25, it may rapidly rise in the short term, with the first target at $5, and if strong, it may even challenge the previous high of $5.37. However, it should be noted that the $5 to $5.37 area is a strong resistance zone, and it will not be easy to break through all at once in the short term.
If it falls below $3.90, watch for support at $3.60.
If it loses $3.90, it may enter a correction, with the support level near the 20-day moving average (approximately $3.60). This is a critical short-term defense line for the bulls, and whether it can hold is very crucial.
If SUI stabilizes and rebounds at $3.60, it indicates that the bulls are still in play, and there will still be opportunities to challenge $4.25, or even break through again.