Attention; Attention; Attention; Avoid risks;
1: Bitcoin's rebound high has decreased, failing to break through the 98500 range. There is now a possibility of a second test near 91000, and the push towards 100,000 is weak. In the past two weeks, Bitcoin's market value has decreased by 5%, with some profit funds being transferred. Tomorrow, as the US stock market opens on Monday, it may lead to market movements. The US stock market is also facing pressure around the 45,000 dollar mark. Since Trump's victory, the US stock market has rebounded by 10%. Adjustments are needed, and considering Bitcoin's current position, we still need to avoid risks. Those with low-position chips can hold on. If you entered the market in the last couple of days, you need to be cautious. For those in profit, consider taking profits in batches or setting a proper stop-loss at the cost price. If there's no profit, directly set a 5% stop-loss to prevent a pullback next week without having any positions to buy back.
2: Ethereum has rebounded from the 3050 range to around 3740 after some fluctuations. It is currently just a step away from the upper range of 3850-3950. There are many chips stuck in this range from May and June, which is also the largest pressure point for Ethereum at the moment. It will not break through directly and will attempt several times before a breakthrough occurs. You can refer to the breakthrough at 3450, which was also a position for buying on the dip. As for the second-tier sectors, they have basically rebounded and returned to their previous levels, so it's time to take profits.
3:
SOL has been performing quite weakly recently. Many who entered around 250-255 are now facing pressure. If Bitcoin tests Ethereum's strong resistance range again, let's see if SOL can take over with a strong move. However, SOL should still be bought at the lower range of 220-210. If Bitcoin falls back to this level, it would be very normal. Even though those who are stuck may see prices recover later, time is money 💰. Others profit while you break even, which is why retail investors chase trends. This includes the entire ecosystem of various coins, and we also need to avoid risks. Especially since even the inscription sector rebounded last night, it reflects the saying: what should rise has risen, what shouldn't has also risen, what should be chased has been chased, and what shouldn't be chased has still been chased. Therefore, at this moment, I remind everyone to pay attention to your positions, avoid risks, set proper stop-losses for retracements, and take profits in batches.
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