Currently, the market fears not missing opportunities, but having too many fantasies and being emotionally overwhelmed.
Some say "bulls won't die, bears won't stop", which is particularly apt in the current market. Many still cling to the idea that "the bull market will come", which precisely indicates that bulls won't come easily. If everyone could make money, there would be no "market makers" left. The true bottom is not the price limit, but the psychological limit. Don't rush to buy the dips; wait until the trend truly turns strong, and opportunities will naturally emerge.
Looking at ETH, its trend has been weak in recent years. Even when Bitcoin reached new highs, it showed no performance. After this round of long and short explosions, it again demonstrates its unstable "crypto nature", repeatedly being harvested by market makers. Currently, ETH is at 2,252, just 12% away from the key psychological level of 2,000. Under risk-averse sentiment, further downward exploration is not impossible.
Data shows that around 2,239, nearly 59 million bulls' liquidity is concentrated, which may face further selling pressure in the short term. If market confidence continues to be low, coupled with unresolved geopolitical risks, ETH may fall to 2,200 or even 2,000. In the short term, it's crucial to closely monitor large investors' behavior, funding rate changes, and macro news' impact on sentiment.
What should be done now is not to gamble, but to wait.
XRP makes a risky rebound, with a short-term bullish channel initially established
XRP has seen a strong rebound after experiencing intense volatility. Last night, a large amount of selling pressure suddenly arrived, with the price quickly sliding from $2.147 to $2.011, dropping over 6% in a single day, with trading volume surging to 163 million, indicating massive downward pressure in a short time. However, after this sharp decline, XRP quickly stabilized and started a recovery trend, forming a short-term upward channel. From the market view, the line around $2.079, $2.082, and $2.083 has formed a clear bullish defense zone, with buying power steadily releasing and market sentiment gradually recovering.
Currently, the support interval is stable between $2.011 and $2.042, with resistance concentrated around $2.089 to $2.090. If bulls can effectively break through this resistance zone, it will open up a larger upward space. Overall, #XRP has built a bullish structure in the short term, continuing to rise above key support, with buyer sentiment gradually warming. The key now is whether it can effectively break through the upper resistance and continue this upward channel.
TON's short strategy precisely realized, perfectly demonstrating technical structure
#TON's bearish trend is almost a textbook-level demonstration. Clearly rejected at the trend line resistance, then quickly falling back, exactly as expected. This downward wave needs no further interpretation—the structure itself is already very weak, with feeble rebounds and straightforward rejection, immediately triggering short-side momentum. Without seeing a clear strong signal, maintain the bearish perspective. The next support level is our target. The best strategy now is to patiently hold positions, tighten stop-losses, and let the market complete this trend's release.
Hype shows short-term strength, beware of high-level oscillation and pullback
#HYPE, observed from the 4-hour chart, has slightly pulled back from highs to $39.01, with Bollinger Bands expanding, indicating increased market volatility and potential for intense short-term fluctuations. The upper band has risen to $39.68, while the lower band moved up to $32.65, suggesting adjustment space is gradually opening. Short-term RSI has slightly fallen to 69.45, still in a strong zone but approaching overbought territory. Overall, intraday funds continue to push upward, but high-level oscillation is evident. If bulls cannot sustain momentum, a short-term technical pullback is not ruled out. Continue to monitor the evolution of the volatility range and whether buying strength persists.
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