Recently, many friends have been asking about how to operate in the market. Let's simply review the technical aspects of a few mainstream coins.



First, the overall market: U.S. stocks are slightly up, and the overall sentiment remains relatively stable.

Regarding BTC, it's quite interesting. It has been repeatedly testing around 90,500, and the critical support has not been broken, which is a typical consolidation pattern. Based on the current pace, this price level can be considered for long positions. If it dips back to 89,500, that would be a good opportunity to add to positions, with a stop loss set at 88,500. Looking upward, there should be significant resistance around 92,500.

ETH's situation is similar, also in a retracement phase. 3,080 is a relatively safe entry point. If it continues to fall, you can add positions at 3,050, with a stop at 3,030. The rebound target points toward around 3,200, which still offers decent room.

SOL is more complicated. Both longs and shorts are difficult to execute around 140, and it's easy to get caught. However, if it falls back to around 135, the probability of a long position winning increases. Conversely, consider reducing or shorting when it rebounds to around 145, as the risk-reward ratio will be clearer.

As for those small-cap tokens, honestly, I’m a bit scared of this wave; my confidence is indeed lacking. It’s safer to focus on mainstream coins.
BTC0,05%
ETH-0,94%
SOL-1,38%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
MissedTheBoatvip
· 14h ago
It's the same pattern again. It feels like every time, there's a repeated play around 89,500. It's a bit annoying.
View OriginalReply0
ContractBugHuntervip
· 14h ago
Reaching the 90500 level and repeatedly testing it is really annoying, feels like dancing.
View OriginalReply0
WalletWhisperervip
· 14h ago
90500 keeps testing this level repeatedly, it feels like a breakout is imminent, but it's better to stay cautious. As long as BTC's vital support holds, I remain confident. I'll follow your suggestion and buy ETH at 3080. SOL is really tricky, 140 is definitely a trap. I'm also hesitant about small coins; I've cut losses too many times.
View OriginalReply0
CryptoTarotReadervip
· 15h ago
90500 this level is indeed a bit tricky, but I still think BTC can push higher. ETH at 3080 is a relatively stable entry point, adding some positions below wouldn't be a loss. As for SOL, I really don't dare to touch it, it's too easy to get trapped and frustrated.
View OriginalReply0
NFTRegretDiaryvip
· 15h ago
90500 repeatedly testing is so annoying, it's better to wait until 89500 to get in more comfortably. That price level for SOL is really useless, so forget it. As long as the Bitcoin lifeline isn't broken, I believe this judgment is reliable, and I'm also waiting for a chance to add to my position. Entering at 3080 for ETH feels much safer, and I'm a bit hopeful for a target of 3200. I'm also hesitant about small-cap coins this round; it's too easy to get chopped up.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)