Hello everyone, there may be many people out there hoping for a late uptrend season (end of 2025 - beginning of 2026), I personally hope for that too, but reality is always harsh. We have to face the worst-case scenario that we have entered a downtrend.
My view is that there will soon be a slight rebound, and then there will be dark days ahead. BTC will bottom out next year in the price range of $50,000 - $60,000.
I will allocate most of my USDT to accumulate BTC and some potential altcoins when this time comes.
In the event that an altcoin season occurs as many still hope, that's fine, I accept being wrong and still hold the view that it’s better to drool than to cry.
NEAR on H1 and H4 are both in a downtrend, There is not enough buying power to break out of the trend. Bears are still dominating. The target will test the nearest bottom, even dump deeper if the selling force is strong.
Short NEAR Entry : 1.7 - 1.75 SL : 1.82 TP : 1.6 - 1.5 - 1.4
$XPL - broke the uptrend, entering the downtrend.🚫
XPL on H1 has broken out of the uptrend. This is a bad signal from the bears as the selling pressure is gradually taking over. The next trend will be down.
SYRUP is still in a downtrend, unable to break out of the trend. The buying force is not strong enough. The bears are still dominating and pushing the price to the bottom.
PIPPIN is currently in a very weak buying position, the bears are dominating. H1 candles are all closing below the MA lines. The downtrend has not changed. Our job now is to choose an entry and short.
ASTER has a very strong support zone of 0.9 - 1$. This is a sustainable support level. On the 4H chart, after the price tested this support zone, it bounced very quickly. The uptrend is obvious.
TRUST on H4 is still in a downtrend, unable to break out of this trend. After increasing and touching the MA99 line, the price has decreased, this is a sign of the bears intervening, increasing selling pressure to overwhelm the bulls. Next, TRUST will continue to decrease in price to test the support area of 0.1$.
CLO on both D and H4 frames shows a very strong uptrend. The buying power from the bulls is huge. The price increase is stable and sustainable. The target is towards ATH.
Kaito on the H4 timeframe broke out of the downtrend. The H4 candle closed above the EMA200. The buying pressure from the bulls increased strongly, pushing the price out of the accumulation zone. The next trend of KAITO will be a continuous increase. The target is towards the resistance zone of $0.97.
$ARC - Break the bullish structure on the H1 chart 🚫
ARC on the H1 and H4 frames has broken the bullish structure. When falling below the trendline and the price continuously closes candles below the MA lines. This is a signal of an upcoming price decrease. The buying force is weakening and the bears are gradually gaining the upper hand.
MON is still in a strong downtrend, with no signs of reversal. Candlestick closing prices are all lower than important EMA lines. The uptrends are all very weak, a sign that the bears are completely dominating the bulls. The next trend will still be down.
(1) RIVER is Breaking out of the long accumulation zone (Accumulation breakout) Price has been sideways in the 3.9 - 4.6 range for many days. Currently, the price breaks out strongly above the 4.6 - 4.7 range, closing the candle above ➡️ confirming the breakout.
(2) The price breaks above all MA7 - MA25 - MA99 The price stays above MA99 → Momentum turns bullish. ➡️ RIVER has changed its trend from down → short-term up.
(3) Volume increases sharply when breaking out Looking at the chart, when the price breaks 4.6 - 4.7, the breakout candle is long and has a large body. This is a sign that the buyers have officially entered the market.
➡️ Breakout has volume → reliable.
✅ Long RIVER Entry : 4.7 - 4.95 SL : 4.3 TP : 5.8 - 6.6 - 7.5
$SOL - H4 is forming a bullish reversal structure 💹
🎯 Reasons to Long SOL at the moment
1. SOL is forming a higher bottom (first Higher Low). The previous strong downtrend is slowing down → turning to accumulation. 2. The price closes the H4 candle above MA7 – MA25 – MA99. A short-term uptrend is forming. 3. The price breaks the downtrend line on H4 slightly. Confirming the return of buying power. 4. There is still a large price gap in the upper zone. SOL can bounce strongly thanks to the weak resistance gap in the 150–165 zone.
BTC in the coming days will be the main trend of increasing price, recovering to the price range of 99,000 - 100,000$, This used to be old support → now becomes extremely strong resistance. The price has reacted many times in this area in the past.
However, before that, BTC will most likely have a backtest to the price range of 89,000$ before it can continue to increase. If it breaks the support zone and closes the candle below 88,000, BTC will be extremely bad.
Altcoin in the coming days will have a good recovery wave, you should choose topcoins and coins with strong waves to trade.