Good morning 😂 It's so early to wake up!


✅️Market Review
The overall trend of the market is basically the same as described in yesterday's blog post, maintaining a range-bound oscillation pattern, with small intraday fluctuations.
Bitcoin's highest point yesterday was 76,558, the lowest was 73,724, with an intraday volatility of 3.84%.
Ethereum's highest point yesterday was 2,346, the lowest was 2,259, with an intraday volatility of 3.85%.
The gains of the two major coins are basically the same.
✅️Today’s Market Analysis
Currently, both Bitcoin and Ethereum prices are within a 4-hour support zone, around 75,000 for Bitcoin and around 2,300 for Ethereum. The intraday trend continues to oscillate, showing a sideways upward trend. On the hourly level, the bottoming price is gradually rising!
From the international situation, there are no significant negative or positive data at the moment. The additional factors are nothing more than ongoing wars or the release of related data. There is still hope for the market 🈶. At least Brother Yu feels this rebound is not over yet. The range of 77,000-80,000 still needs to be tested.
Intraday Resistance and Support
BTC 75,800/76,200/77,000
75,000/74,200/73,500
ETH 2,330/2,380/2,420
2,300/2,260/2,200
✅️Spot and Altcoins
Rave went from $30 to a rebound of 0.5, which is really surprising. I just checked the market again, and it’s starting to rebound. Currently at 1.8, the bottom has risen nearly three times, which is really exciting. Brothers, be cautious when trading contracts on this coin!
Talking about the World Cup, it’s really tough, but fortunately, this $Chz has also gone up. Currently at 0.047. Overall, the spot has gained about 40% profit. Hold on and wait.
Currently, Brother Yu’s holdings of altcoins:
CHZ PEPE PENDLE
Alpha coins
BSB FOLKS Freedom of Money
BTC2,37%
ETH1,25%
RAVE5,12%
CHZ6,18%
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GateUser-ae5cc7b3
· 3h ago
Rave dropping from 30 to 0.5 in such a waterfall... The contract really needs to be avoided, the volatility is too crazy.
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GateUser-e130bc45
· 3h ago
The support and resistance levels are clearly defined, so intra-day we will treat 75,800/76,200 as the dividing line for our response.
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Stop-LossLineForTheEveningGlow
· 4h ago
Getting 40% on CHZ is acceptable, I won't chase at 0.047, wait for a pullback and then decide.
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FloatingTeacupClub
· 4h ago
Rave rebounded to 1.8, and then yet another threefold. It looks exciting, but I don’t dare to touch it—I’d rather miss out than get pierced and taken away.
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GlitchOrchard
· 4h ago
Your intraday support and resistance setup is quite suitable for grid trading, gradually grinding out profits in sideways markets.
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GateUser-4bd1cc87
· 5h ago
I also believe it when you say 77,000-80,000, going to test it again. The short-term bottom lift looks quite comfortable.
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GateUser-0c86a4c9
· 5h ago
I hope we can firmly hold 75000 today before moving up; otherwise, moving up and then falling back again is too torturous.
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MosaicBowtieRealm
· 5h ago
I also follow PEPE/PENDLE, and I feel like you need to see if the overall market gives any sentiment. During a volatile market, don't get too carried away.
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GateUser-ecf4759e
· 5h ago
Seeing your review this morning gave me a sense of direction. Wait until the volume approaches around 77,000; if it can't break through, then take profits first.
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Mint-FlavoredGasFee
· 5h ago
I haven't followed BSB and FOLKS; can you briefly explain the logic? Is it narrative or purely based on technical factors?
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