In this round of the bull market, Bitcoin has had corrections of about 20% after doubling, ranging from a short two months to several months, with previous levels at 15,000-30,000, 25,000-49,000, and 49,000-100,000.
What is a corrective wave? It's a wave pattern that makes you give back the money you earned in the upward wave.
Let's do a summary again today.
I will analyze in detail with images and text for two selected ones in the internal group in the comment section.
1. DOGE
It has returned to around 0.32, the lower level of 0.3 is the previous area of chip turnover, it is estimated that it won't drop below it.
2. D (formerly: DAR)
First, the market sentiment is not very good right now. Secondly, for these small-cap coins, I suggest observing them. If the number of followers is not many, and it can slowly form a temporary bottom, then it can be entered.
3. ENA
Don't go to crowded places; those who were shouting COW a while ago are now shouting ENA.
4. CRV
It still needs adjustment, let's wait a bit longer.
5. How do you see the short-term trend, bro? Thank you!
First, we need to see if the current oscillation range bottom on the daily line will effectively break down. Bitcoin around 92,000 and Ethereum around 3,200 will likely be in a volatile market. If it doesn't break down in the short term, it will rebound after some correction here.
6. ME
If it doesn't break a new low, there shouldn't be much of a problem. If it breaks a new low, don't even think about it. There is no bottom for new coins; we'll discuss it after it runs away.
7. SUI
The daily line has been oscillating upwards; in the short term, a trend line can be drawn. As long as it doesn't effectively break below 4.4, the upward trend should be fine.
8. If tonight's non-farm unemployment rate is all negative, will it drop directly to the 8s? It seems there will be CPI on the 15th, and Trump's policies will land on the 20th. Could this directly turn the crypto market bearish?
It has fallen in advance, so don't be afraid. Personally, I think if there is no black swan event, the downward space for Bitcoin and Ethereum shouldn't be too large.
9. Neirocto
After dropping below 12, support becomes resistance. The next support area is around 0.00075-0.00070. Be patient and wait for stabilization.
10. TIA is at 6.4; should I add to my position? How much will I see later?
It has reached the weekly bottom range, and as long as it doesn't drop below 3.72, there shouldn't be much of a problem. If it drops below, we'll have to discuss it differently.
11. Is there still hope for Luce?
This is still in a downward trend, but the volume is continuously increasing. It will only have a chance to surge after turning into a consolidation phase.
12. Will ONDO go down further?
As long as it doesn't break 1.1-1.2, it's fine. The downward movement of wave 3 will recover once the market goes up.
