The US stock market remains relatively calm during the holiday, with no significant fluctuations after yesterday's decline. In the early trading session, Bitcoin was pushed down again but held above the previous low, with bulls choosing to position here and stop-loss set at the previous low level. Ethereum showed weak performance, breaking below a new low, and the key to the future trend depends on whether it can find support around 3158. In comparison, SOL was significantly oversold relative to the market yesterday, with the early decline weakening and the rebound showing strong momentum.
However, a clear bullish structure has not yet formed, and risk management remains the top priority. If this level holds in the short term, a bullish trend may continue; conversely, if the bulls lack strength, I will promptly switch to a bearish outlook and continue to monitor whether new lows are tested again.
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GweiWatcher
· 8h ago
Bitcoin is holding up quite steadily this round; the key still depends on whether can support ETH. The rebound of SOL is indeed a bit fierce.
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TestnetFreeloader
· 8h ago
Holding the previous low for Bitcoin is good news. ETH still depends on whether 3158 can hold up; otherwise, it will be heartbreaking again.
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liquiditea_sipper
· 8h ago
As long as Bitcoin holds above the previous low, there's still hope. It all depends on whether the bulls can hold their ground. ETH is a bit weak in this wave.
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VCsSuckMyLiquidity
· 9h ago
Once again holding the lows, but I feel like the bulls' determination this time is a bit weak... ETH has broken new lows, and yet some still dare to leverage? That's crazy.
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GasOptimizer
· 9h ago
Holding the low point of Bitcoin isn't enough; we need to see if the downtrend can truly be halted. It's still too early to say the bulls are in control.
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PrivateKeyParanoia
· 9h ago
Bitcoin is trying again to hold the previous low. Can it stay steady this time? It feels uncertain. ETH breaking a new low is a bit awkward; whether it can hold the 3158 level depends on if it can withstand it. On the other hand, SOL's rebound is quite interesting, showing real strength after being oversold.
The US stock market remains relatively calm during the holiday, with no significant fluctuations after yesterday's decline. In the early trading session, Bitcoin was pushed down again but held above the previous low, with bulls choosing to position here and stop-loss set at the previous low level. Ethereum showed weak performance, breaking below a new low, and the key to the future trend depends on whether it can find support around 3158. In comparison, SOL was significantly oversold relative to the market yesterday, with the early decline weakening and the rebound showing strong momentum.
However, a clear bullish structure has not yet formed, and risk management remains the top priority. If this level holds in the short term, a bullish trend may continue; conversely, if the bulls lack strength, I will promptly switch to a bearish outlook and continue to monitor whether new lows are tested again.