【BTC: Rebound, Bull vs Bear Battle】

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After touching the low of 82188 in the early morning, BTC started a strong Rebound trend. During the day session, it showed a small 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 first focuses on the key level of 87000. Only when the four-hour closing successfully breaks through this pressure level, the Rebound strength is expected to significantly increase, leading to a strong four-hour Rebound trend. At this point, the Rebound pressure will then look towards the vicinity of 89300. For investors holding short positions, they should closely monitor this level and take profit at the right time.
However, if the four-hour level fails to break through 87000 today, the strength of the Rebound will be relatively limited, and investors need to beware of the risk of the price falling back to the support level below. The support range for a second bottom below is between 82300 - 80000. For investors who are bullish, this range is an ideal opportunity to establish long positions and seek Rebound profits. As a benchmark in the cryptocurrency market, BTC's price fluctuations not only affect the overall market sentiment 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 inflow or outflow of funds, thereby driving the rise and fall of the entire market.
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【Ethereum: Rebound is weak, focus on key support】
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Ethereum has shown relatively weak performance during the Rebound process. As of now, its Rebound high touched the 2380 level and quickly fell back. However, from a technical perspective, this small-scale downtrend is nearing its end. As long as the price does not break below 2300 on the pullback, investors can consider entering long positions to profit from the Rebound. The first Rebound resistance 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 at least at the four-hour level above the key resistance level of 2420, with further upward pressure to be seen at 2450 - 2520. If there is a retracement below 2300 at the one-hour level, investors need to closely watch the support levels below, which are 2250 - 2200 - 2100. In these positions, there are still opportunities to continue betting on the Rebound. As a pioneer of smart contracts, the development of its ecosystem and the expansion of its application scenarios have always been the focus of the market. 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 the price trend of Ethereum.
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【SOL: Breaking through key levels, pay attention to the effectiveness of support】
The recent trend of SOL is at a critical juncture and has attracted much attention from the market. Looking at the four-hour level, SOL managed to break through the important pressure level of 140, followed by a retracement of the 137 support level. This breakout and retracement process is crucial in judging the future direction of SOL. If the price can be maintained above the 137 support level during the small-level retracement, then SOL has a high probability of opening a rebound market, and the key pressure levels are 146 and 155 respectively. In practice, investors need to pay close attention to the closing of the one-hour candlestick. Once the one-hour K-line closes below the 137 support level, investors who hold long positions should decisively and manually exit the market and stop losses in time to avoid possible greater 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 enhancement of SOL. However, market uncertainty remains, and investors need to be vigilant against market risks while keeping an eye on the potential upside of SOL.
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[Altcoins: There is no way to fall, pay attention to Rebound opportunities]
While the prices of mainstream digital currencies such as BTC and Ethereum fluctuate, new dynamics have also emerged in the altcoin market. At present, many altcoins have shown a situation where there is no way to fall, and they no longer blindly follow the trend of the broader market. In this case, the cost-effective advantage of altcoins is gradually highlighted. Valuations of many altcoins are already at relatively low levels due to the sharp drop in prices in the previous period, and these altcoins are expected to usher in a significant rebound once market sentiment picks up.
Investors can choose some altcoins that have hit new lows based on their own positions during the day, actively seize the possible Rebound opportunities. When selecting 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, when others are still struggling to break even, those who are good at seizing opportunities may profit. However, investing in altcoins also carries high risks, as some altcoins may have issues such as slow project progress and team disconnection. When participating in altcoin investments, investors must remain cautious and manage risks effectively.