I recently observed the technical performance of several major cryptocurrencies and would like to share my recent trend analysis.
**COLLECT's Bullish Opportunity**
On the hourly chart, the moving averages have started to turn upward, and the Bollinger Bands are displaying an upward-opening pattern. The overall structure is gradually shifting from the previous consolidation pattern toward a bullish bias. The extreme support level for this adjustment is at 0.79. As long as it doesn't break below this level subsequently, there's still potential for a continued rally to new highs. From a structural perspective, the bottom is already quite clear.
**DOGE's Pullback Pressure**
On the 4-hour chart, 1.53 is a clear resistance level. This price zone has been consolidating for two days without effectively breaking through, indicating that the selling pressure above is indeed substantial. In the short term, it's likely to experience a deep pullback, with targets around 1.4. We need to wait for this round of shakeout to complete so that consensus among funds can be re-established.
**SOL's Consolidation Phase**
The performance of this rally has actually been quite difficult, with relatively weak bullish momentum, and consensus at the funding level is not solid enough yet. You can see it from the K-line——oscillating uptrend movement, interspersed with several pullbacks in between, clearly lacking unidirectional driving force. My personal judgment is that it still needs to undergo a deep shakeout and consolidation to wash out those wavering chips before it can continue rising more smoothly subsequently.
COLLECT This wave really has potential, I'm waiting for 0.79 to hold, then I'll go all in.
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DOGE still needs to shake out, 1.53 is a tough resistance level.
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SOL is just fluctuating like this, I think we need to wait a bit longer, no point catching the falling knife now.
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When the Bollinger Bands open up you know it's going to pump, but DOGE has some serious selling pressure.
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Feels like everything needs another round of chip washout, once it's cleaned up then it can really take off.
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COLLECT has such a clear bottom, not buying the dip means waiting to be trapped?
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1.53 has been stuck for two days, if it can't break it'll get dumped down, gotta be careful this round.
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SOL lacks momentum, the funding isn't solid enough, I'm still in observation mode.
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Shakeout consolidation is correct, gotta shake loose the retail bags before the real bounce.
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DOGE's pullback pressure is significant, might need to drop to 1.4 to stabilize.
I recently observed the technical performance of several major cryptocurrencies and would like to share my recent trend analysis.
**COLLECT's Bullish Opportunity**
On the hourly chart, the moving averages have started to turn upward, and the Bollinger Bands are displaying an upward-opening pattern. The overall structure is gradually shifting from the previous consolidation pattern toward a bullish bias. The extreme support level for this adjustment is at 0.79. As long as it doesn't break below this level subsequently, there's still potential for a continued rally to new highs. From a structural perspective, the bottom is already quite clear.
**DOGE's Pullback Pressure**
On the 4-hour chart, 1.53 is a clear resistance level. This price zone has been consolidating for two days without effectively breaking through, indicating that the selling pressure above is indeed substantial. In the short term, it's likely to experience a deep pullback, with targets around 1.4. We need to wait for this round of shakeout to complete so that consensus among funds can be re-established.
**SOL's Consolidation Phase**
The performance of this rally has actually been quite difficult, with relatively weak bullish momentum, and consensus at the funding level is not solid enough yet. You can see it from the K-line——oscillating uptrend movement, interspersed with several pullbacks in between, clearly lacking unidirectional driving force. My personal judgment is that it still needs to undergo a deep shakeout and consolidation to wash out those wavering chips before it can continue rising more smoothly subsequently.