
南帝~(一灯大师)|May 17, 2025 16:15
BTC Bitcoin has not yet stabilized!
ETH Ethereum Crashes with Shanzhai!
When can SOL bottom check!
Bitcoin fluctuated around $1500, while Ethereum reached a high of $2648 yesterday and a low of $2442 tonight, fluctuating around $200. Many altcoins have indeed started to Waterloo, falling by 20% or even 30%. Many imitators have been trapped at high levels. These days, we are also reminding them to avoid suspicion. Some VC tokens have been unlocked, and altcoin funds have fled. Be cautious in buying at the bottom of the spot market and do a 5-10 point limit stop loss. The contract should have a 10-20% limit stop loss for the total position, and do not blindly carry orders.
Pay attention to the 4-hour level 56 moving average supporting $102225 below Bitcoin, and be mindful of the 84 moving average below $100945. Currently, the 4-hour level trend has fallen below the 28 moving average, with the oscillation range dropping from the lowest of 103500 to 102500. There is no bottom signal in the small cycle yet, and the weekend liquidity is too poor, so it is only suitable for short-term operations. Do not follow the pattern, take a break if necessary.
Ethereum has been covering up Bitcoin's initial decline yesterday, and then began to collapse, directly leading to the collapse of altcoins. Currently, Ethereum's 4-hour trend has fallen below, and its 6-hour trend has also fallen below. The 8-hour support level below is $2426, and there is also a 2400 integer level. Here, you can pay attention to whether it can stabilize and buy at the bottom. The rebound pressure range above is 2523-2543. Pay attention to taking profits during the rebound, or buying short orders. Just bring a stop loss.
SOL has been supporting below 164 today, and currently the small cycle 4-6-8 hour level has also fallen below the trend line. Attention should be paid to the 8-hour level 56 moving average for lower support. Short term rebound can be considered by buying at positions 164-162, with rebound pressure at positions 168.6-170.2. Short term attention should be paid to rebounding and reducing positions at positions 168.6-170.2. It is necessary to break through the stable trend line and stabilize at $170 to restart a true rebound.
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