SUI just rebounded from the support level of 3.6520, currently at 3.7236, showing signs of bottoming out in the short term. Previously, after falling from the high point of 3.9725, buying interest gradually warmed up at lower levels.
The 15-minute chart shows that the structure is starting to turn bullish, with trading volume rising in tandem. If the price remains above 3.70, it is expected to test 3.7700 in the near term.
Entry range: 3.70 – 3.73
Take profit: 3.7700
Stop loss: below 3.65
A breakout above 3.75 can be seen as further confirmation of the rebound, paying attention to the trading volume and candlestick performance around 3.74.
The intraday cycles have indeed been difficult to navigate these past few days. However, the way to overcome challenges, besides facing and defeating them directly, is to temporarily avoid them and instead seek refuge in easier cycles for a while, or to relax a bit. In such unpredictable market conditions, the best approach is to stay out and observe, waiting for the right opportunity to enter and earn the most reasonable profit within your understanding. This is much better than blindly entering the market now and gambling, which not only fails to generate profit but also results in significant losses of your principal.
Ethereum (ETH) Selling Pressure Soars, Market Sentiment Turns Cold or Faces a Crash Crisis!
Recently, the price fluctuations of Ethereum highlight key changes in market sentiment and trader behavior, especially in the context of potential downside risks in cryptocurrencies. As selling pressure continues to increase, market trends have raised investors' concerns about further declines. Selling pressure is increasing, and market sentiment is turning pessimistic. Recently, the trend of the buyer/seller ratio has become increasingly concerning. The 7-day moving average shows that the number of sell orders significantly exceeds buy orders, indicating strong selling power in the market. If this trend continues, and investors continue to prioritize taking profits rather than increasing their holdings, prices may come under further pressure.
Many people mistakenly think that being fully invested is the only way to participate in the market; in fact, being in cash is also a trading strategy. When the market is stagnant, you don't lose; when the situation is clear, that's when you can act with confidence. Experts never bet in chaos, but instead look for certainty in waiting. Position control is the first line of defense for retail investors and the only way to navigate through bull and bear markets.
Ethereum (ETH) faces increased downward pressure after price correction; can it rebound at the $2,220 support level?
Ethereum (ETH) has recently corrected its price and retested the $2,320 area, currently facing downward pressure. Compared to Bitcoin's performance, ETH has failed to effectively break through the key resistance level of $2,520, resulting in a price pullback and testing lower support levels. Price retracement tests support levels. Ethereum's price began to retrace after failing to break through the resistance level of $2,520. ETH once fell below the support levels of $2,500 and $2,440, reaching a low of $2,308. The current price is above the 61.8% Fibonacci retracement level between $2,308 and $2,509, indicating that bulls are still active in this area.
After a strong rebound from around $0.3200, SYRUP is currently stable above $0.3470, with a high reaching $0.3579, continuing to push higher during consolidation, supported by significantly increased trading volume and strong buying power.
Current Price: $0.3474
24H Low: $0.2617 24H High: $0.3579
Market Signals:
Highs and lows continue to rise, structure is bullish
Consolidation at high levels, no obvious selling pressure signs
If successfully breaking through $0.3579, it is expected to challenge $0.3700 in the short term. The bullish trend has not ended, going with the trend remains the optimal strategy.
XRP shows signs of rebound, can it start a new round of increases?
XRP has rebounded from $2.3471 and is currently trading at $2.4161, showing initial signs of a warming buying sentiment. After falling from the high of $2.6549, the market is trying to regain momentum. If the trend continues, bulls are expected to push prices to test key resistance again.
Bull trading references:
Entry range: $2.40 – $2.42
Target one (TP1): $2.5050
Target two (TP2): $2.6540
Stop loss: below $2.34
Trading volume is recovering, and the current rebound may be an early signal of a potential trend reversal. Short-term traders should pay attention to whether it can stabilize above the $2.42 level.
Recently, BTC has been continuously fluctuating within a high range, quickly bouncing back after multiple retests of minor support levels, demonstrating that buying pressure remains strong. The price is once again approaching a short-term new high area, and from the technical indicators, the market has certain breakthrough momentum.
If it can successfully break through and stabilize above, Bitcoin is expected to initiate a new upward trend, further targeting higher levels. Conversely, if the price falls below the critical psychological support level of $100,000 again, it may trigger a larger adjustment.
However, based on the current structure and market sentiment, the probability of a breakthrough seems relatively higher, and short-term investors should closely monitor the price performance in key resistance areas.
Bitcoin on the eve of hitting new highs: On-chain signals suggest 'super HODLers' are still on the sidelines!
Bitcoin binary CDD is gradually rising but has not yet reached historical peaks. The latest on-chain data shows that an important indicator measuring the activity level of long-term investors—Bitcoin binary CDD—currently has a 30-day moving average stabilizing around 0.60, indicating that the current holders' willingness to sell has not yet entered a high-intensity phase. Although this value shows an upward trend, it has not yet reached the high-risk threshold corresponding to past price peaks. What is 'binary CDD'? It reveals whether dormant funds are flowing. 'Coin days destroyed' is a classic on-chain data indicator used to track the activity of dormant coins on the blockchain that have been awakened and participated in trading.
Making big money relies on 'contrarian thinking', not 'following emotions'
In the cryptocurrency world, what truly causes people to lose money is often not the market itself, but their own emotions.
When prices rise significantly, there's a desire to chase; when they drop sharply, there's a tendency to cut losses. Each emotional fluctuation pushes you in the 'opposite direction'.
The ones who truly make money are those who are clear-headed when others are greedy and decisive when others are fearful.
This decision-making approach often goes against human nature, and that’s precisely why it is rare.
Don't expect to win by following your feelings; you need to learn to build a system, set rules, and then execute them firmly.
Whether you win or lose depends on your ability to 'go against the grain'.
My personal subjective thought is that the market will pull back, with BTC at least around 98600 and ETH at least around 2180. It is possible that after an increase, it will not break through the heavy resistance and will start to pull back, rising then retreating. Alternatively, after a period of consolidation, it may start to decline before news comes out. Such declines often come with panic selling.
As for how it will decline and what will happen during the decline, it still depends on the market. My predictions are just my subjective imagination and do not constitute any investment advice. Of course, if the market breaks through key resistance levels, I will also follow the market to buy more as it rises. The main sectors remain meme and AI sectors.
They understand how to wait, waiting for opportunities when emotions are extreme, waiting for the shape when the structure is complete, waiting for the market to give the signal that 'it must be done'.
Those who are anxious easily fall into the noise of short-term ups and downs; those who are steady focus on the major upward trends of the long cycle.
You must learn to be patient like a hunter, rather than impulsive like a gambler.
Making money once relies on luck, making money ten times relies on a system. Only by being patient can you get the biggest piece of meat.
SOL failed to hold $184.88, upward momentum is weak, and has fallen below the key support of $173.47, with bearish momentum significantly increasing.
Bearish Strategy:
Entry Range: $171.50 – $173.00
Target 1: $168.00
Target 2: $165.00
Stop Loss: Above $177.50
As long as the price remains below $174, the overall bearish trend still stands. It can be confirmed with changes in trading volume and candlestick patterns for the continuation of the bearish trend.
Bulls unite for an assault! XRP (Ripple) prepares to launch a fatal strike towards 2.88!
XRP has recently maintained an upward momentum, with the price briefly breaking through the important resistance level of 2.60 USD, but a short-term pullback occurred after testing 2.65 USD. Currently, the price is still in a technical correction phase, and the bulls are seeking to re-establish an advantage in the key support area. Bulls dominate the market, with a slight retreat after testing 2.65 USD. With a solid support maintained above 2.42 USD, XRP continues its upward trend, gradually breaking through the resistance areas of 2.50 USD and 2.55 USD, and successfully probing 2.65 USD. However, after reaching the phase high, the price retreated, breaking below 2.55 USD, and retracing to the 50% Fibonacci retracement level of the range from 2.4220 USD to 2.650 USD.
LINK is currently near a resistance zone, with bears trying to suppress it, but bulls are holding firm, leading to a stalemate as both sides are waiting for the other to make a move.
If the resistance is broken, the target is set at $21.
Once the bulls strongly break through the upper resistance, the short-term trend may reverse, and LINK is expected to quickly surge towards $21, potentially opening up space for accelerated upward movement.
🛡 Support levels to watch are the neckline and the 50-day moving average.
If the bears want to turn the situation around, they need to first break through the neckline and effectively push the price below the 50-day moving average ($19.99). If it closes below this level, it may re-enter a volatile downward trend.