The slight rebound of Ethereum and Bitcoin over the past half month is nearing its end, and market sentiment may soon shift. A careful look at the daily charts of mainstream coins reveals the clues—Dogecoin is stuck around 0.15, Solana has yet to stabilize above 150, and the gains over this half month have been mainly dominated by Bitcoin and Ethereum.
What is the problem? The real flow of funds. On the surface, it appears to be a broad rebound, but in reality, key funds are only concentrated in two leading coins, attracting more participants to buy in at high levels. More importantly, there is technical resistance—Bitcoin is still fluctuating around 97,000 and has yet to break through the 100,000 mark; Ethereum is also cooling off around 3,500. Whether these two hurdles can be overcome will determine the direction of the subsequent market.
Once these key resistance levels are broken, the start of next week is very likely to be a deep correction. Bitcoin may fall below 80,000, and Ethereum might test support around 3,000. The market always teaches participants lessons through repeated experiences, and the importance of technical resistance levels lies precisely here.
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MEVHunterLucky
· 2h ago
Still accumulating again, all tricks
I also think this rebound has some tricks
Only dare to move after the breakdown
Everyone is watching 100,000 and 3,500, if it can't break through, it will need to adjust
Last time, 9.7k fluctuated repeatedly, and in the end, it just cut some people off
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GoldDiggerDuck
· 12h ago
Once again, it's the same trick of cutting leeks: funds are poured into top-tier coins, causing retail investors to buy high and suffer heavy losses.
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LiquidationAlert
· 12h ago
Bitcoin and Ethereum are at it again, tricking new investors, and funds are being drained.
The big-eyed rebound, then turning around to dump? I bet $5 we'll see the bottom next week.
If 97k can't be broken, just wait to be taught a lesson, just my experience.
Feeling timid at 3500, it seems like it might go lower.
It's the same old story, the main players taking the profits while retail investors drink the soup.
If you can't hold the resistance level, you're really at risk of liquidation. Be prepared, everyone.
The gathering place for bagholders, I wish the best to friends at high positions.
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BlockchainGriller
· 12h ago
Bitcoin and Ethereum dominate the market, retail investors are once again left holding the bag
Is it really that hard to break 100,000? Feels like everyone is about to give up
Let's wait and see how much it drops next week, see you at 3000
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SchrodingerGas
· 12h ago
It's the same narrative again... Funds are concentrated in top-tier coins for manipulation, while small and medium-cap coins are neglected, a classic market segmentation signal. The thresholds of 97k and 3.5k are indeed critical; once broken, support levels need to be retested. But to be honest, this kind of technical analysis is discussed every week, and few can truly grasp the rhythm.
The slight rebound of Ethereum and Bitcoin over the past half month is nearing its end, and market sentiment may soon shift. A careful look at the daily charts of mainstream coins reveals the clues—Dogecoin is stuck around 0.15, Solana has yet to stabilize above 150, and the gains over this half month have been mainly dominated by Bitcoin and Ethereum.
What is the problem? The real flow of funds. On the surface, it appears to be a broad rebound, but in reality, key funds are only concentrated in two leading coins, attracting more participants to buy in at high levels. More importantly, there is technical resistance—Bitcoin is still fluctuating around 97,000 and has yet to break through the 100,000 mark; Ethereum is also cooling off around 3,500. Whether these two hurdles can be overcome will determine the direction of the subsequent market.
Once these key resistance levels are broken, the start of next week is very likely to be a deep correction. Bitcoin may fall below 80,000, and Ethereum might test support around 3,000. The market always teaches participants lessons through repeated experiences, and the importance of technical resistance levels lies precisely here.