In the past 24 hours, 68,766 people worldwide have been liquidated, with a total liquidation amount of $284 million. BTC/ETH is now entering a consolidation phase, which will take several months to complete. Whether it will first rise to form a top before falling, or first fall to form a Double Botto before rebounding, will be determined this week.
BTC
BTC has seen four consecutive days of decline, consolidating around 76660. A sharp drop broke through support, followed by a low-volume rebound. The rebound lacked volume, indicating bears are in control. The small-scale rebound remains weak and hasn't yet bottomed out. A period of consolidation here is expected before another downward spike.
(1) There is support in the 4-hour bullish OB range (74800-76200) below, and there may be a rebound. Long at 7.48 with a stop loss at 7.37 and targets around 7.59 and 7.666.
(2) The intraday resistance level is 77400. If the price falls below this level, it will continue to fall. Only after breaking through this level will it begin to rebound.
ETH
ETH is currently in a minor rebound phase, but the momentum is weak. The upper resistance level to watch is the 2150-2170 range, which is a minor and weak resistance level. If it fails to break through and hold, it will likely dip further, probably testing the support around 2k.
The low point will be at least in the 2030-2000 range, which is also where I plan to buy. Let's continue to wait patiently!
AT
The large bearish candlestick on AT indicates a violent shakeout by major players, not a market top or crash. More than half of the candlesticks are likely wash trades by major players, who are accumulating low-priced shares themselves, shaking out those who bought at higher prices with leverage. Whale are increasing their holdings during the decline, and the shares are locked up by major investors. Selling pressure has already been released, with long positions cleared out and short positions accumulating, creating conditions for a price surge. Consider buying in batches at the current price of 0.125, with a stop loss below 0.09, and a target of 0.16 → the previous high of 0.2.
RIVER
Highly controlled, currently valued at approximately $200 million, with a 24-hour trading volume of around $10-20 million, classifying it as a small-to-mid-cap cryptocurrency. Current strategy: Observe, do not chase the price, do not short! Buying conditions: ① BTC stabilizes and rebounds; ② Rivers breaks through and holds above 8.0 with significant volume.
Entry zone: 7.0-7.5 (lower edge of the trading range); Stop loss: 6.5 (abandon if it breaks below with significant volume); First target: 9.5-10.0; Second target: 12.0-15.0; Position size: 1-1.5% (initial position). Risk control red line: If it breaks below 6.5 with significant volume, exit unconditionally—indicating that the major players have abandoned their plan for a second price surge.
ONT
This is a well-established public blockchain project with solid fundamentals. After a long period of consolidation, it broke out with increased volume and significant capital inflow. The MACD is about to golden cross, and it is currently stabilizing around 0.063 with good trading volume. The candlestick pattern has clearly formed a bottoming-out pattern.
Recommendation: Open a long position at the current price of 0.0629. Profit targets: 0.072 → 0.085 → 0.10 (near the previous high). Stop loss: Exit immediately if the price falls below 0.058. Position control: No more than 8-10% of total capital per trade; use light positions for high volatility!
TON
TON can be bought at around 2u at the current price. The trend looks like it has stopped falling and is showing signs of a rebound. You can try to take a chance on the second upward move. You can stop the loss if it falls below the short-term low. Once it rises again, it will at least reach the vicinity of the first high. The cost-effectiveness is not bad. Give it a try!
