BTC's minor rebound is particularly weak. The 1-hour chart shows a head and shoulders pattern, so watch whether the neckline can be broken. I'd rather wait for it to make another secondary high before short and waiting for it to fall. Watch the neckline support of the BTC head and shoulders pattern; if it holds, there's a chance to make another secondary high. If it breaks down directly, it might fall sharply. I'll continue to observe and wait for an opportunity.
ETH is still in a triangular consolidation pattern, with the price action becoming increasingly narrow. A breakout is highly likely around 5 or 6 PM. I predict it will initially feign an upward surge, forming a small high before falling back down. Be patient and wait for the right opportunity to act.
Currently, it's not recommended to buy the dips on any of the various on-chain meme and memes on the BSC chain, whether it's Titan or Mule.
Some people are asking whether it's worth buying Titan, even though its market value is still over 1 million and there are no signs of it stopping its decline . Buying in now would basically mean buying at the halfway point of a fall.
Look at these new BSC coins that have surpassed a million-dollar market cap: Moondog, RootHua, Mule Run, AnAn, and Ninja—all of them surged and then plummeted. Titan only lasted one more day at its million-dollar market cap.
Even with big names promoting it, it's useless. The stock $Fight had even higher popularity before, but it still plummeted from 3 million to 200,000. Here's some practical advice: BSC 'on-chain meme capitalization exceeding one million is just a threshold for observation. If you want to participate in the second wave, remember: if it falls below one million, get out . The best strategy for trading BSC's " on-chain meme is not to stubbornly hold on or become overly attached to them.
BAN's recent price action is typical: a gradual rise initially attracts followers, followed by a sharp drop of nearly 55%, breaking through key support levels. The high-volume decline was dominated by sell orders, resulting in significant losses for investors who long levels; buy the dips at this point is extremely risky. Many meme coins in the Solana ecosystem have exhibited similar price movements, and this pattern repeats itself. It's important to remember that meme coins are highly volatile; chasing highs or blindly buy the dips carries very high risk. BAN remains weak, and its future outlook is not optimistic.
RIVER: The daily chart has stabilized, and the major players are likely to use the news of the unlocking to drive the price up, initially targeting the previous high around 36. Short positions are very risky; it is recommended to exit promptly.
The market is constantly changing, and specific entry and exit points should be determined based on real-time conditions. Follow the trend after a breakout! No matter how high your confidence level, please strictly adhere to your stop-loss and take-profit strategies! That's all for today! Follow me so you don't get lost! QQ: 2178747366, QQ: 3530882667 (Add me with a note, and I'll add you to our learning and discussion group).
