【BTC: Rebound, Bull vs Bear Battle】

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After BTC touched the low of 82188 in the early morning, it started a strong Rebound trend. During the day session, it showed a small structured oscillating upward trend, testing up to the 87030 level at one point. Currently, the price is hovering around 86700. From a technical analysis perspective, the short-term Rebound pressure is first focused on the key level of 87000. Only when the four-hour closing successfully breaks through this pressure level, the strength of the Rebound is expected to significantly increase, leading to a strong four-hour Rebound trend. At that time, the Rebound pressure above will shift to around 89300. For investors holding short positions, they should pay close attention to this level and take profits in a timely manner.
However, if the four-hour level fails to break through 87000 today, the Rebound strength will be relatively limited, and investors need to be alert to the risk of the price falling back to the support level below. The support range for the second bottom exploration below is between 82300 - 80000. For investors who are bullish, this range is an ideal opportunity to layout long positions and seek Rebound profits. As a benchmark in the cryptocurrency market, BTC's price fluctuations not only affect the sentiment of the entire market but also have a profound impact on the trends of other digital currencies. In the current market environment, every price fluctuation of BTC may trigger a large amount of capital inflow or outflow, thereby driving the rise and fall of the entire market.
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【Ethereum: Rebound is weaker, focus on key support】
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Ethereum has shown relatively weak performance during the Rebound process. As of now, after reaching a high point of 2380 during the Rebound, it quickly fell back. However, from a technical analysis perspective, this small-scale downtrend is nearing its end. As long as the price does not break below 2300 on a pullback, investors can consider entering long positions to profit from the Rebound. The first resistance for the Rebound above is at 2420. When the price reaches this level, investors can choose to reduce positions or exit entirely to lock in some profits.
Similarly, if Ethereum is to start a significant Rebound trend, it will need to close above the key resistance level of 2420 on the four-hour timeframe at least. Subsequent upward pressure will further target 2450 - 2520. If the one-hour timeframe falls below 2300 on a pullback, investors need to closely monitor the support levels below, which are 2250 - 2200 - 2100. At these levels, there are still opportunities to continue betting on a Rebound. As a pioneer in smart contracts, the development of its ecosystem and the expansion of its application scenarios have always been the focus of the market's attention. With the gradual progress of Ethereum 2.0, its performance and scalability are expected to be significantly improved, which will also bring more room for imagination to Ethereum's price trends.
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【SOL: Breaking through the key level, paying attention to the effectiveness of support】
The recent trend of SOL is at a crucial point and has attracted much attention from the market. From the four-hour trend, SOL has successfully broken through the important resistance level of 140, followed by a retracement to the support level of 137. This breakthrough and retracement process are crucial for judging the future trend of SOL. If the price can maintain above the 137 support level during the retracement process at a small level, then SOL is likely to start a Rebound trend, with key resistance levels at 146 and 155. In actual operation, investors need to closely monitor the closing situation of the one-hour K-line. Once the one-hour K-line closes below the 137 support level, investors holding long positions should decisively exit manually, stop loss in time, to avoid potential larger losses. As an emerging public chain project, SOL has attracted the attention of many developers and users with its high performance and low fees. The rapid development of its ecosystem has also provided strong support for the value of SOL. However, market uncertainty still exists, and investors need to be vigilant about market risks while focusing on the potential upside of SOL.
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【Shanzhai Coin: Falling to the bottom, pay attention to the Rebound opportunity】
While mainstream cryptocurrencies such as Bitcoin and Ethereum are fluctuating in price, the altcoin market is also showing new dynamics. Currently, many altcoins have reached a point where they can't fall any further and are no longer blindly following the downward trend of the overall market. In this situation, the cost-effectiveness advantage of altcoins is gradually becoming prominent. Due to the significant price decline in the early stage, the valuation of many altcoins is relatively low. Once market sentiment improves, these altcoins are expected to experience a significant Rebound.
Investors can choose some altcoins that have hit new lows during the day according to their own positions, actively seize the potential Rebound opportunities. When choosing altcoins, investors need to comprehensively consider factors such as the project's fundamentals, technical strength, team background, and market recognition. Some altcoins with innovative technology and practical application scenarios may perform better in the market Rebound. This may be an excellent investment opportunity. While others are still struggling to break even, those who are good at seizing opportunities may profit. However, investing in altcoins also carries high risks. Some altcoins may have issues such as slow project progress and team disconnection. Investors must remain cautious and manage risks when participating in altcoin investments.