BTC experienced a short-term pullback, briefly dipping below 69,000 before quickly recovering. The 1-hour and 4-hour charts are simultaneously forming a head and shoulders bottom pattern, confirming the right shoulder low. Short-term bearish strategies are not recommended at this time. Key resistance lies in the 71,500-72,000 neckline range; a breakout with significant volume would confirm the pattern, potentially leading to a rebound to test previous highs. The plan is to gradually build long positions within the 70,000-69,000 range, betting on this corrective rebound.
Ethereum is showing signs of a rebound, forming a head and shoulders bottom pattern, and a bullish rectangle pattern on a smaller timeframe, with the right shoulder already completed. As long as it doesn't fall below 2100, this pattern is essentially confirmed, and if it holds, the rebound should at least reach the previous high. In the short term, if the price action is weak, it might retrace to around 2130 before rising again; if it's strong, it will rebound directly. I plan to long within the 2100-2130 range, watching this rebound first.
I plan to build a position in $AtlasScout in stages. Currently, meme tokens on the BSC chain have become a new way for Binance to promote its projects. Traditional advertising is generally ineffective; cryptocurrency traders only look at the charts, and price surges are what attract attention. Therefore, platforms create dedicated meme tokens with the same name to generate buzz and use the potential for profits to drive attention, which is much more effective than ordinary advertising. It promotes the product, increases on-chain liquidity, and attracts funds—a win-win situation.
The previous example, $TITAN, followed this pattern: seemingly unrelated to the crypto world, yet suddenly emerging from a sea of on-chain meme. Later, $BinanceAiPro also confirmed this strategy, and $AtlasScout is likely to be the next one. Before taking off, these types of coins typically fluctuate and consolidate within a few hundred thousand dollar market capitalization range. Furthermore, memes tied to specific product concepts are more likely to be included in Alpha monitoring.
Both TITAN and BinanceAiPro have already secured market capitalizations in the millions. If they maintain this level, an Alpha launch during the next round of promotion will be a natural progression. Following this trend, Binance will likely replicate this model when promoting new projects in the future, making it almost a fixed routine.
Huma: Short in batches within the 0.0208–0.0212 range, with a strict short-loss at 0.025. The first take-profit target is 0.0190, and the second take-profit target is around 0.0175 (support level).
HIPPO: It has risen sharply recently with a large trading volume. It has been pulled up directly from the 0.00053 level. As long as it can hold above 0.00068, it can continue to rise. If it breaks through 0.00072, it will be even stronger.
Trading Recommendation: Entry: 0.00068–0.00071 Stop Loss: 0.00053 Target 1: 0.00075 Target 2: 0.00082 Target 3: 0.00090
Siren: I plan to short Siren. I'm placing a short order between 2.45 and 2.5, with a first target of 1.47. I'll see if I get the opportunity.
Pepe: More reliable than other Altcoin, and it performs well when the market is bullish. Keep an eye on it.
TAO: Recent surge in volume and new highs indicate high investor participation, primarily driven by AI themes, institutional attention, and ecosystem benefits. However, the short-term gains have been excessive, leading to overbought conditions and significant profit-taking pressure. A topping signal has appeared on the 4-hour chart, suggesting short-term manipulation by major players, likely an initial bull trap followed by a pullback. A double short position is recommended at 344, using isolated margin trading with no stop-loss.
FET: Currently, it's in a steady upward trend. The 2-day MACD is slowly approaching the zero line. The 2-day MACD is still rising above the zero line. Spot positions can continue to be held. The recent resistance levels are 0.2975–0.3145.
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).
