Ethereum (ETH) trend analysis
At 4 a.m. today, ETH experienced a wave of violent fluctuations, first rising and then falling sharply, and then falling like a waterfall in the early morning, completing the explosion of long positions. This adjustment of the double explosion of long and short positions has eased the subsequent upward pressure. Therefore, the future trend is mainly bullish, but the previous high point is still an important level, and it is not easy to break through.
LDO monthly line analysis
From the monthly chart of LDO, the trend of slow rise and fast fall is actually a wash, not a shipment. This wash process is clear and shows that the soldiers have no choice on the battlefield and can only have firm faith. When the price returns to the top again, it is likely to break through double digits. The current low is a good opportunity to buy.
PEOPLE Trend Outlook
The trend of PEOPLE is also very clear. This kind of currency with a round bottom pattern needs to be open-minded. This is the third breakthrough. The goal is at least to break through the current $1 mark. There is nothing to hesitate.
Other sector analysis
With ETH leading the way, Polyx is also beginning to emerge. When investing, you should pay attention to diversifying risks and not put all your eggs in one basket, but you should also consider your own conditions. If your resources are limited, don't over-diversify your investments.
SHIB band analysis
SHIB is currently in a short-term stop-loss state. Although it has not risen significantly in recent days, once it starts to rise, the amplitude will be significant. It should be noted that its fluctuations may quickly turn into a sharp rise.
Bitcoin (BTC) short-term correction
Above $70,000: Strong performance
Staying above $68,000: Continue to rise
The lowest support of the rising channel: $66,000
Below $66,000: Market turns negative
The lowest support of the downside line: $65,000, if it falls below, it will continue to fall
in conclusion
The market is volatile, and investors need to pay close attention to the key points of major currencies. ETH, LDO, PEOPLE and SHIB all present different investment opportunities in the current market environment. Bitcoin's short-term trend also needs to be paid attention to in order to adjust investment strategies in a timely manner. In such a market environment, reasonable asset allocation and risk diversification can better grasp investment opportunities.
