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XRP's recent trend is truly 'heart-pounding', as the battle between bulls and bears reaches a critical moment! Let’s take a look at the latest market analysis:
Low Demand Drives Rebound On December 31, XRP rebounded from the support line of a symmetrical triangle pattern, indicating strong buying demand at lower levels. This rebound allowed the bulls to regain control, and the price gradually increased, demonstrating significant strength from the bulls.
January 3: Important Level Breakthrough On January 3, buyers pushed the price above the 20-day moving average ($2.20) and successfully held it. This is a very positive signal, indicating that the bulls not only defended their position but also launched an attack on the triangle's resistance line! If XRP can break through the resistance line, a larger increase may follow.
Support and Risk Warning But don't celebrate too early; if the price cannot sustain the breakthrough, a pullback may occur: Pullback Risk: If the price falls back from the 20-day moving average, XRP may test the support line again. Downside Risk: If the support line is broken, selling pressure may intensify, targeting a drop to $1.70, which is the next key support level.
Strategic Suggestions Short-term Strategy: Closely monitor whether the price can break through the resistance line. Once it breaks, follow the trend for short-term gains, aiming for higher targets. Buying Opportunity: If the price pulls back to around $1.70 and stabilizes, it could be a good opportunity to buy the dip, but set proper stop-loss levels to avoid further downside risk.
XRP is currently at a 'breakthrough and pullback' critical point, and the subsequent trend will determine the victory of bulls or bears. Stay calm and don’t panic; critical moments are the hunting opportunities!
ETH's recent price performance is really like a blockbuster with ups and downs, and the script is so wonderful! Hurry up and take a look at this wave of analysis——
Bears counterattack, bulls hold on On December 31, ETH successfully rebounded near the rising trend line, proving that the support area is still solid. But! The long upper shadow on the candle exposes the problem: every time the price approaches the 20-day moving average ($3,460), it is ruthlessly suppressed by the bears, and the selling force is very strong, suppressing the rebound space.
January 3: Dawn is coming The bulls finally broke out, and ETH broke through and closed above the moving average on January 3! Brothers, this is a strong signal of a reversal! It means that there are buyers actively entering the market below, and the market bullish sentiment has begun to pick up.
Breaking through $3,555 will be the key point to focus on next. Once the bulls stand firm in this position, the bullish momentum may be further strengthened, bringing the price to a higher area.
But don't be happy too soon. If the price reverses and falls below the rising trend line, the bears will not be soft!
Key support: $3,200 is the first line of defense, followed by the psychological barrier of $3,000. Strong defense zone: Between $3,000 and $2,820, bulls are likely to defend with all their strength, and this area will attract a lot of bargain hunting funds.
Operation suggestions Short-term opportunities: After standing firm at $3,440 or breaking through $3,555, consider following the trend and pay attention to the next upward momentum. Retracement layout: If the price falls back to around $3,000, it may be a good opportunity to buy low, but be careful of the risk after falling below $2,820.
ETH's current market is at a critical moment, and both bulls and bears are accumulating strength. The next breakthrough or pullback will be your window to make money, so keep an eye on it!
Bitcoin price analysis: Can the bulls break through the 100,000 mark?
Brothers, Bitcoin's recent price trend is really dramatic! Let's take a look at this wave of operations:
Bears are playing games, bulls are showing their swords On December 31, the bulls tried to push the price back above the moving average, but the long upper shadow on the candlesticks showed a problem: every time the price rebounded slightly, it was smashed by the bears, and the selling pressure was great! As a result, Bitcoin returned to the key support area, giving the buyers who were waiting to see a new opportunity to enter the market.
The key point of the bulls' counterattack: On January 3, the bulls finally showed their strength and broke through the 20-day moving average in one fell swoop. Brothers, this signal is very important! It shows that the bears are gradually losing control, and the bulls are gradually gaining the upper hand.
The next target: $100,000! If the bulls can hold their ground and steadily pull the price above $100,000, then there will be a good show to watch!
$100,000: Psychological barrier, the focus of market attention. Once it breaks through, sentiment will rise sharply. $108,353: The possible next stop after the breakthrough, bulls may try to retest this high point.
Summary: Where is the opportunity? Brothers, Bitcoin is now at a critical node. The next focus is:
Is the support stable: If the callback does not break the support, continue to be bullish.
Breakthrough confirmation: After breaking through $100,000, perhaps a big opportunity will come.
In a word: Bulls are beginning to stage a comeback, brothers, keep an eye on it!
Switzerland to hold a nationwide referendum to allow the central bank to hold Bitcoin?
Bitcoin enthusiasts in Switzerland are brewing a major move: they plan to collect 100,000 signatures by June 30, 2026, to push for a nationwide referendum demanding the Swiss National Bank (SNB) include Bitcoin on its balance sheet.
What is the core of the proposal? This proposal is initiated by Bitcoin advocates and the think tank 2B4CH, suggesting an amendment to Article 99 of the Swiss Federal Constitution, explicitly stating that the national currency reserves must include Bitcoin in addition to gold! One of the initiators, Giw Zanganeh, said this action is the "perfect timing we've been waiting for," and the long-prepared team is finally taking action.
How to collect 100,000 signatures? Switzerland has a population of 8.92 million, and about 1.12% of the population's support needs to be collected. It seems manageable, but the challenge lies in the fact that there is only 18 months of time, and the task is not easy!
However, the Bitcoin ecosystem in Switzerland is not to be underestimated—Lugano, this small city, already has 260 businesses supporting Bitcoin payments. With such a rich atmosphere, combined with the drive from Bitcoin enthusiasts, collecting 100,000 signatures is still possible!
Support vs Opposition, the divide is clear! Supporters believe: Strategic significance: Making Bitcoin a national reserve strengthens financial sovereignty and responsibility. Hedging tool: Increases the diversity of asset reserves.
Opponents, such as Swiss National Bank President Martin Schlegel, express concerns: The Bitcoin payment method is still immature. Cybersecurity and the energy consumption issues of Bitcoin mining.
What do other countries think? Switzerland is not alone in this fight. The idea of Bitcoin reserves has spread to countries like the USA, Brazil, and Poland: USA: Senator Cynthia Lummis's proposal could allow the Treasury to hold Bitcoin. Brazil, Poland: Some politicians are also pushing for similar plans.
What's the next step? This nationwide referendum in Switzerland is undoubtedly a significant milestone in the history of cryptocurrency. If successful, it could spark a wave of global imitation! Now it all depends on whether the 100,000 signatures can be collected.
In summary: Bitcoin entering central bank reserves would be an important step for cryptocurrency to become "mainstream!"
Brothers, the cryptocurrency market is absolutely thrilling by the end of 2024! Bitcoin breaks the $100,000 barrier, AVAX drops out of the top ten replaced by TRX, and the whole market is as lively as a festival! Next, let's take a look at the key points of this wave of market movement and future trends.
Bitcoin: November elections act as a catalyst, breaking $100,000 in one go! The November 2024 U.S. elections become the 'accelerator' for Bitcoin, pushing it to a historic high of over $100,000!
High Point: Bitcoin reaches $108,000 in mid-December, breaking records! Year-End Correction: Slightly calms down by year-end, closing around $93,000. Behind this wave of market movement, in addition to the elections, the approval of spot Bitcoin ETFs and the gradual clarification of crypto regulations also contribute. Retail and institutional investors directly enter the market with large orders, creating a 'bull market atmosphere'!
How do other star coins perform?
ETH Price: Hovering around $3,300 at year-end, total market cap close to $400 billion. Dominance: Market share drops to 12%, but its position as the leader in the smart contract field remains rock solid.
AVAX VS TRX AVAX performs poorly, dropping out of the top ten, while TRX rises strongly at a price of $0.25. Ecological development and DeFi expansion make TRX the new generation 'king bomb'.
XRP and BNB XRP: Price stabilizes at $2.13, rumors of adoption by institutions keep it in high demand. BNB: Closes at $706, consolidating its leading position.
SOL and DOGE SOL: Price of $190 shows strong resilience, with NFT and DeFi ecosystems performing brilliantly. DOGE: Affected by social media trends, drops from seventh to tenth place, closing at $0.31.
Demand for stablecoins surges, USDT dominates USDT's market cap reaches a new high of $137 billion, solidifying its position as the world's largest stablecoin. Meanwhile, USDC ranks second with $43 billion, a significant gap. The ongoing popularity of stablecoins highlights the market's reliance on liquidity.
2025 Outlook: Bitcoin may soar to $200,000! It is expected that by 2025, Bitcoin could reach a peak of $180,000 to $200,000!
The market will closely watch the January 20 inauguration of Trump, and whether the new SEC leadership will bring new prosperity opportunities for altcoins. Can altcoins (like XRP, SOL, TRX, etc.) ride this wave and spark another 'bull market surge'? Brothers, let's wait and see!
Recently, AVAX's trend has been somewhat "heart-wrenching." Continuous setbacks without a strong rebound seem to suggest that the bulls are struggling a bit. Next, let's take a look at the strategies of both the bulls and bears!
Bearish Dominance: Testing Key Support Area Bearish Plan: If the price falls below $33.69, they may accelerate selling, with further targets set at: $32 $30.7 This area may become a "hunting ground" for short-term bears.
Bullish Counterattack: Defend Support, Compete for Rebound Opportunities Bullish Plan: If the price can rebound from $35.29 and break through the 20-day moving average ($37), it indicates that demand is starting to increase below. This could potentially drive:
Short-term Target: $42 Once it breaks through $42, the bulls are expected to regain control of the market.
Strategy Suggestion: Keep a close eye on key levels and respond flexibly
Bearish Strategy: If the price falls below $33.69, short positions can be entered, targeting $32 and $30.7, with a stop-loss suggested above $34.5.
Bullish Strategy: If the price breaks above $37 and holds, consider entering long positions, targeting $42, with a stop-loss suggested below $36.
Brothers, AVAX is currently at a crucial watershed between bulls and bears. Falling below support may open up greater downside potential, while holding and breaking through resistance may lead to a rebound. Maintain a stable mindset, flexibly adjust strategies, and "act calmly to control movement" is the key!
ADA price analysis: pressure intensifies, support becomes the key!
Recently, the price of ADA has been suppressed below the neck of the H&S pattern. The bears obviously do not want to let the bulls go, and the pressure is great. The next key offensive and defensive battle may come!
Short advantage: break the support and look at lower targets If the price continues to fall, the support area of $0.80 to $0.76 will become the last line of defense for the bulls.
If the support is lost, the bears will further push the price down, and the target may be: $0.52. This means a deeper adjustment, and the bulls must be cautious.
Bulls counterattack: hold the support and reverse the situation
If the bulls can hold the $0.80-0.76 support area, a strong rebound is expected:
Once the price re-stands above $1 and stabilizes above it, some aggressive shorts may be forced to short, triggering a short squeeze rebound.
Subsequent rebound targets may look at $1.127 and higher levels in turn.
The current ADA trend is a "powder keg". The $0.76 support and $1 resistance will determine the next direction. Keep a steady mind, keep a close eye on the key points, wait for clear signals before taking action, and don't let the market lead you by the nose!
Brothers, recently DOGE has firmly held the support level at $0.30, but the bulls are having a tough time breaking through the 20-day moving average ($0.34). The current situation is like a tug of war, and a winner could emerge at any moment!
Bearish Control: Breaking Support, Aiming Lower If the support at $0.30 is breached, the bears are likely to seize the opportunity to push the price towards the following targets: $0.26193 (61.8% Fibonacci retracement level). $0.22791 (stronger support level). Currently, there is heavy selling pressure from the bears, so be careful not to be misled by false rebounds.
Bullish Counterattack: Breaking the Moving Average, Turning the Tide Once the bulls successfully push the price above the 20-day moving average, the short-term bearish force will weaken. A rebound may follow:
Rebound Target 1: $0.38 (50-day moving average). Rebound Target 2: Higher resistance point, let’s see if the bulls can sustain the breakthrough! However, it’s important to note that selling pressure around $0.38 will be quite strong and could become significant short-term resistance.
Strategy Suggestion: Seek Victory with Caution, Avoid Blind Trading
Bearish Strategy: If it falls below $0.30, consider following the short position, targeting $0.26193 or even $0.22791, with a stop-loss suggested above $0.315.
Bullish Strategy: If the price stands above $0.34 (20-day moving average), consider entering a long position, targeting $0.38, with a stop-loss suggested below $0.32.
The current situation is waiting for a breakthrough signal, with the bulls and bears in a standoff like a powder keg; even a slight disturbance could trigger an explosion!
SOL price analysis: critical moment, decisive battle pressure!
SOL has been under a lot of pressure between the 20-day moving average ($200) and the rising trend line recently, just like surviving in the cracks. In this long-short duel, let's see who can hold the key position better!
Bears have the upper hand: the trend line is lost, and the price may accelerate the decline The current 20-day moving average is down, and the RSI is in the negative area, indicating that the sellers are temporarily in the initiative. Downward target: $155 If the bears succeed in pushing the price over the rising trend line, SOL is likely to test $155 first, or even further test the support level of $133.
Bulls counterattack: break the moving average and open up the upside If the price rebounds from the current level or the rising trend line and breaks through the 20-day moving average ($200), it indicates that the selling pressure is easing.
Rebound target: 50-day moving average ($220) If the bulls can control the situation, they may have the opportunity to challenge $220 or even higher in the future.
Strategy advice: seize the opportunity and strike accurately
Short strategy: If SOL falls below the rising trend line, you can consider entering the market to short, with targets at $155 and $133, and the stop loss is recommended to be set above $205.
Long strategy: If SOL rebounds and breaks through the 20-day moving average, you can try to follow the long order, with a target of $220, and the stop loss is recommended to be set below $195.
The current situation of SOL is confusing, but the breakthrough direction of the pressure area will determine the outcome of the short-term trend. 💪
BNB Price Analysis: Who Will Laugh Last in the Fierce Battle!
Brothers, recently BNB has become the main battleground for bulls and bears! The price is hovering between the 20-day moving average (692 USD) and the resistance level above 722 USD, neither side is willing to concede, it’s truly a battle of wits! Next, let’s look at the possible scenarios for this battle.
Bearish Scenario: Bulls Surrender, Price Declines If the BNB price closes below the 20-day moving average, it indicates that the bears have gained the upper hand. The price may then enter a wide fluctuation range between 685 USD and 722 USD.
Important Support Level: 633 USD Brothers, pay attention to this level, if buyers cannot hold here, BNB may face a deeper adjustment.
Bullish Scenario: Breakthrough Resistance, Strong Rebound If BNB rebounds from the current level and successfully breaks through 722 USD, it indicates that the bulls are in control, and the bears can only temporarily retreat!
First Target: 761 USD Higher Target: 793 USD
After breaking through 722 USD, the bulls will enter a more optimistic upward rhythm, opening up further rebound space.
Currently, BNB is in a critical stage of fierce competition; whether bulls or bears, the key position serves as a signal for action. Let’s proceed steadily, wait for opportunities to strike, and avoid impulsiveness! 💪
Brothers, XRP's recent trend is a bit 'suspended', and the current price is retracing to the support line of the symmetrical triangle, which is the key defense line for the bulls! Let's take a look at the possible scenarios for both bulls and bears.
Bull Scenario: Defend Support, Wait for Counterattack! If the bulls take action at the support line, pushing the price to rebound and break through the 20-day moving average ($2.17), it indicates that XRP may continue to oscillate within the triangle for a few days until market sentiment becomes clearer and a decision on the breakout direction is made.
More aggressive bulls who successfully push the price higher and stabilize above the resistance line will regain the initiative and may drive XRP towards higher targets.
Bear Scenario: Break the Support, Counterattack to the End! On the contrary, if the price breaks below the lower line of the triangle and continues to decline, it indicates that XRP may have peaked and entered an adjustment phase in the short term.
The 50-day moving average ($1.92) is the first important support, and some buying support is expected. If even the 50-day moving average cannot be held, XRP may further drop to the next key support area of $1.7-$1.4.
Final Summary: Choose the Right Wind and Go with the Flow!
XRP is currently at the 'decision moment of the triangle', whether it will rebound or break down key support depends on the outcome of the market sentiment game. Stay steady, and wait for the right opportunity to act!💡
ETH has recently entered a "wide-ranging oscillation mode," fluctuating back and forth between $3000 and $4093, almost like it's "swaying." The confrontation between bulls and bears is becoming increasingly tense; let's see who has the better chance next!
Bulls' Predicament: Double Resistance Pressing Down Currently, bulls are trying to recover near the upward trend line, but there's "high energy ahead": The 20-day moving average ($3470) and the downward trend line are forming a strong resistance.
If the price significantly falls back from the 20-day moving average, ETH may break below the upward trend line, potentially sliding all the way to the key support zone between $3000 and $2800. At this time, bears are likely to continue exerting pressure, pushing the market into a deeper adjustment.
Key to Bullish Counterattack: Break Through the 20-Day Moving Average If buyers can strongly push up and maintain above the 20-day moving average, the advantage of bears will be completely dismantled. Next, ETH would have the opportunity to rebound to the resistance area of $4093, or even higher.
Operational Strategy If the price breaks below the upward trend line, consider shorting in line with the trend, targeting the $3000 to $2800 range, with a stop loss suggested above $3450.
If the price breaks through and stays above the 20-day moving average, consider going long, targeting $4093, with a stop loss suggested below $3400.
ETH is currently "playing in the oscillation range," with both bulls and bears testing the boundaries. Don't act hastily; wait for a clear trend before taking action! Stay steady, we can win! 🎯
Brothers, Bitcoin has recently shown signs of 'cooling off', with some traders taking profits, and the market may pull back to the strong support level of $90,900. Let's take a closer look at the specifics!
Bears Attempt to Take Control Currently, the moving averages are close to a death cross, and the RSI is also declining, indicating that bears are poised to counterattack. If buyers cannot hold the key support area ($85,200 to $90,900), Bitcoin may face further declines.
Bulls' Defensive Battle If bulls can strongly defend the $85,200-$90,900 area and push the price back up, Bitcoin may enter a wider trading range, temporarily alleviating downward pressure. This trend presents a good opportunity for short-term traders, allowing for buying low and selling high within the range.
Once it Breaks, Bears Will Dominate the Market If Bitcoin falls below $85,200, it could trigger more selling, with bears targeting the low support level of $73,709, at which point the downward space would further open up, necessitating caution against the risk of accelerated declines.
Strategy Recommendations Short-term traders: If the price pulls back to $90,900, consider attempting to buy low, aiming for $95,000, with a stop loss set below $90,000. Breakout traders: If it breaks below $85,200, bears can enter the market in line with the trend, aiming for around $73,709, with a stop loss set above $86,500.
There is a clear divide between bulls and bears in BTC right now, and the key is whether the $85,200-$90,900 area can be held.
The recent trend of TON has been a bit tangled! Bears have frequently acted near the moving averages, pushing the price down, and there seems to be no clear direction in the short term.
Moving averages are flat, short-term volatility is the main focus Currently, the 20-day moving average ($5.84) is almost flat, and the RSI is hovering around the midpoint, indicating that the forces of bulls and bears in the market are basically balanced. In this case, TON is likely to maintain a range-bound volatility pattern.
Key Counterattack Point for Bulls If the bulls can exert force and push the price above $6, it may open up upward space, with targets looking towards $6.50 and $7 sequentially. However, the $7 level is a strong resistance, and it is expected that the bears will defend it vigorously, so the bulls may need several attempts to break through.
Downward Target for Bears If TON fails to hold the current support, the price may test the key support level of $4.77 downwards. If this area is broken, it could trigger a larger decline, and the bears' target may look towards even lower levels.
TON currently has relatively balanced forces between bulls and bears, with a short-term volatility pattern as the main focus. The key points are $6 and $4.77. Brothers, take your time and seize the opportunity before acting!
Recently, the trend of LINK doesn't look good! On December 26, it directly broke below the support level of $23, indicating that the bears are applying significant pressure, and the bulls face considerable resistance in the short term.
Bears in Advantage, $20 is Key Support Currently, the 20-day moving average ($23.6) has started to decline, and with the RSI slightly below the midpoint, both indicators suggest that the bears have a slight edge. Next, LINK may continue to probe down to the strong support level at $20. This position is crucial because if it fails to hold, it will form a complete bearish H&S pattern (head and shoulders), at which point LINK could directly head towards the $16 area near the 200-day moving average.
Bulls Need a Strong Counterattack Of course, if the bulls want to turn the situation around, they must first break through and hold above the key resistance level of $27.3. Once broken, LINK may experience a strong rebound, targeting $31 first.
Short-term Bearish Opportunity: If LINK breaks below $20, consider going short, targeting $16, with a stop loss set near the breakout of the 20-day moving average. Bulls Counterattack Strategy: If LINK breaks above $27.3, consider going long, targeting $31, with a stop loss set below the breakout point.
AVAX has recently been really 'hard to describe', even the moving averages cannot be broken, indicating that the bears are crazy selling at highs, directly giving no face to the bulls!
From the current trend, the 20-day moving average ($41.67) is sloping downwards, and the RSI is in a downward trend, which indicates that the bears are still firmly in control, completely holding the initiative. In the short term, the support level is at $35.35, if this level is lost, the next target is $33.50, and if it breaks below this, it could directly slide to $30.81, which would be a straight drop.
However, there is always a turning point in the market. As long as the bulls can strongly break through and hold above the 20-day moving average, there may be a rebound. The short-term target can first look at $41, then $46.70 (61.8% Fibonacci retracement level). If these two levels are broken, the bears may start to 'panic', and the short covering may push the price even higher.
Short-term Bearish Strategy: If the price falls below $35.35, consider going short in line with the trend, targeting $33.50, with a stop loss set above the 20-day moving average. Bullish Positioning Strategy: If it can break through the moving average resistance at $41.67, consider going long, targeting $46.70. The stop loss should be set below the breakout point.
In summary, both sides are currently in a tug-of-war, brothers just need to keep an eye on the key levels, don't be impulsive, opportunities will always come!
ADA Price Analysis: Bears Dominant, Can Bulls Defend Key Support?
Brothers, ADA's recent trend has been a bit “frightening,” after falling back from the neckline of the H&S pattern (head and shoulders), the bears are clearly dominating the situation. Next, the key is whether the defense at $0.80 can win, which may bring a reversal opportunity or continue to test the bottom. Let's discuss in detail!
Current Market: Bears Suppressing, Bulls on High Alert Bears are clearly suppressing: The H&S pattern has suppressed the rebound, indicating a bearish market sentiment, with limited rebound potential. Key Support Level: $0.80 is the most important short-term support right now, and the bulls are likely to defend it strongly.
Upside Opportunity: Can the Downtrend Be Reversed? If the bulls hold $0.80 and strongly rebound to break through the 20-day moving average ($0.96), then the market may enter a recovery phase. Opportunity to Break $1: If ADA successfully rises above $1, it could not only trigger bullish sentiment but also force aggressive bears to cover, pushing prices further up to $1.20.
Downside Risk: Breaking Support May Continue to Test the Bottom If it falls below $0.80: ADA may test the lower level of $0.76, and if this level is also breached, the target may directly look towards the $0.60 pattern target. Continuation of Bearish Trend: Falling below $0.76 may strengthen the market's bearish sentiment, making it more difficult for bulls to counterattack.
Long Position Opportunity: If the price rebounds and breaks through the 20-day moving average ($0.96), consider entering a long position, targeting $1 and $1.20, with a stop loss set below $0.90. Short Position Opportunity: If the price falls below $0.80, the short position targets $0.76 and $0.60, with a stop loss set above $0.83.
If the price falls to the $0.76-$0.60 range, consider gradually building a medium to long-term long position, waiting for a trend reversal. If ADA successfully holds above $1, higher medium-term targets such as $1.40 can be considered.
Currently, ADA is at a critical juncture, and the next trend will determine the final outcome between bulls and bears. Maintain a steady mindset and operate flexibly based on support and resistance; opportunities often lie within these key points!
DOGE Price Analysis: Bears Strongly Pressuring, Can Bulls Turn the Tide?
Brothers, DOGE has been a bit “dogged” lately, unable to even touch the 20-day moving average (0.34 USD), with bears directly “sniping from high ground.” Every minor rebound gets pushed back down. Now the market's key focus is whether it can hold at 0.30 USD, let's sort this out!
Current Market Situation: Clear Support and Resistance Bearish Pressure: DOGE's rebound is weak, even failing to touch the 20-day moving average, indicating significant selling pressure in the market. Support Focus: Currently, there is some support at 0.30 USD, but if it breaks, bullish pressure will increase further.
Downside Risk: If it breaks below 0.30 USD, the target may look towards 0.2619 USD? If 0.30 USD is lost: DOGE could slide directly towards the 61.8% Fibonacci retracement level (0.2619 USD), which is expected to attract bullish defense. Key Support Range: 0.2619 USD - 0.24 USD is an area where bulls may mount a strong counterattack. If this line is lost, bears may completely take control of the situation.
Upside Opportunity: Can Bulls Reverse the Trend? If bulls push hard, pulling the price back to the 20-day moving average (0.34 USD) and stabilizing, this could signal the end of the adjustment and a market rebound. After breaking the 20-day moving average: DOGE is likely to challenge 0.4224 USD, at which point bulls will have greater confidence.
Strategy Suggestion: How to Seek Victory Steadily? Short Position Opportunity: If it breaks below 0.30 USD, short position targets can look towards 0.2619 USD, with a stop-loss set above 0.31 USD. Long Position Opportunity: If DOGE rebounds and stabilizes above the 20-day moving average (0.34 USD), long position targets can look towards 0.4224 USD, with a stop-loss set below 0.33 USD.
If DOGE drops to the 0.2619 USD - 0.24 USD area, consider gradually positioning for medium to long-term long positions, patiently waiting for the trend reversal. If it successfully breaks above 0.4224 USD, you can gradually increase your position and look towards higher targets.
Currently, DOGE's bearish sentiment is strong, but near key support levels, a powerful counterattack from bulls may be imminent. The upcoming market will depend on whether 0.30 USD can hold, opportunities often lie at critical points!
SOL Price Analysis: Key Support Facing Test, Direction Soon to be Clear!
Brothers, the recent market for SOL has been a bit worrying. Since the decline from the 20-day moving average (206 USD) on December 25, market sentiment remains negative. Bears are exerting strong pressure while bulls are struggling to hold their ground; a major move is brewing!
Current Trend: Bears in Control, Focus on Support Line Upward Trend Line as Key Support: SOL is about to test the upward trend line, which is a short-term key point that must be closely monitored. If the bulls cannot hold this level, SOL may fall further. Bears Applying Pressure, Sentiment Weak: After breaking below the 20-day moving average, market confidence has been diminished, with bears still dominating the situation in the short term.
Downward Risk: If Support Line is Lost, 155 USD in Sight? If SOL breaks below the upward trend line, bears will exert further force, targeting a downward goal directly at 155 USD. 155 USD Level: This level may attract buyers as it represents a potential low-buying opportunity, and it is also the lifeline for SOL bulls.
Upward Potential: Could a Rebound Restart Strength? If SOL rebounds from the upward trend line, it indicates that the bulls still have some strength left, and market sentiment may improve. After Breaking 20-Day Moving Average (206 USD): The short-term bearish outlook may become invalid, and SOL could see a strong rebound directly aiming for the 50-day moving average (221 USD).
Short Position Opportunity: If Breaking Below the Upward Trend Line, Target for Short Positions can be Set at 155 USD, with Stop Loss Above 195 USD. Long Position Opportunity: If the price rebounds and breaks above the 20-day moving average (206 USD), long positions may be considered, targeting 221 USD, with a stop loss set below 200 USD.
If SOL Drops to Around 155 USD, it is recommended to gradually accumulate long positions for the medium to long term. This is a strong support area, suitable for patiently waiting for rebound opportunities. If Breaks Above 221 USD, positions can be gradually increased, targeting higher levels.
Currently, SOL is under aggressive bear pressure, with bulls struggling to hold critical support. The upcoming battle over the upward trend line will determine SOL's short-term direction.