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Last week, ETH was in line with our expectations. With the strengthening of bulls, ETH reached the resistance level and continued to try to break through it. ETH’s bullish power is ferocious, the strongest of the three over the last week. ETH and BTC are facing different resistance pressures, considering that monthly declines have been different. The trend of ETH...

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Last week, the cryptocurrency was pumping. Many corporate investors such as Three Arrows Capital and LUNA Foundation, are actively participating in market transactions. The atmosphere of the market seems to have returned back to the way it was before November 2021. Traders and investors are no longer nervous to tight monetary policy. The regional situation did not...

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SOL remained the weakest performer of the three. The only good news is that the bears are not as strong as they used to be. The days downward is fewer than the days upward in the past week. Up close, the bulls seem to be stopping the attack again. Conclusion: Mostly falling. We think that it’s an opportunity for the crypto market last week, and many...

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The price is back to the level on Mar.2. In the past month, the performance of ETH has been weaker than that of BTC, but the bulls have strengthened significantly this time, and the overall rebound is stronger. This may be related to the negative effect of BTC having a small part of the safe-haven attribute. Last week is a rave for risky assets. Back to TA, up...

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This week, the Fed announced its interest rates decision, raising by 25bp. The pace of tightening monetary policy was in line with expectations, and the market did not panic. On the contrary, the effect of boot landing appeared in various risky assets. U.S. stocks and cryptocurrency assets have rebounded significantly. Although 2022 will still be dominated by a...

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The worst of the three this week. In the last report we gave a weak support level near the previous low, but in our judgment, the bullish power was too weak. Though the price did not fall further after hitting this support level, but it did not make any strong rebound. Conclusion: Mostly falling. We set the previous second support level(70) as the current...

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What happened on BTC also happened on ETH. The fluctuation range is gradually narrowing, and it is possible that one of the bulls and the bears will win the confrontation. On the whole, the bears are stronger, and the price is pushed down to the previous low position by the bearish power after a strong rebound. Conclusion: Mostly fluctuation and it is more likely...

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A very crucial week has come. The Fed will announce its interest rate decision on Wednesday . As we have seen, expectations of tighter monetary policy have brought a half-year bear market to cryptocurrencies. With the meeting approaching, the decline has slowed down significantly and the bullish power is eager to try.If you've been following our weekly market...

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SOL started to fall after reaching the resistance level and broke the previous low. The situation is bad. After reaching the support level, you can see that the bulls are increasing, but not enough to hinder the attack of the bears. Even with the rebound on Feb. 24, the bulls looked very weak.The high point of each rebound is lower than previous one. ...

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Last week, we thought that although ETH had some distance away from its previous resistance level, it changed to fall with the strengthening of the bears and destroyed the support level at the weekend. The powerful support (2360) will be re-tested. Up close, the bearish power is stronger than BTC. The bulls and bears will make a fierce battle this week. ...

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After reaching the resistance level last week,most prices of most cryptocurrencies began to fall and the contribution of ‘RUB Buyers’ all wiped out. Although Powell's speeches in the House and Senate had no hawkish surprises, basically in line with the CME forecast: the high possibility of 25bp rate hike" , the strong U.S. NFP still exacerbated the decline in...

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The price did not decline thoroughly to the strong support level last week. The bullish power s started to strengthen around the previous low. It fell back after hitting the resistance level and was eventually carried by the market. At this time, SOL exited the bearish channel. As the weakest of the three during this period, it is hard to attack the next...

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Similar to BTC,when the price fell to the support level, the bullish power increased significantly, resulting in a Pin Bar on Feb.24. And it rose with much trading volume yesterday. But the performance was not as good as BTC, which may be related to the motivation for pumping. The price may fluctuate in a small range. Conclusion: Mostly fluctuation. While there...

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In the previous recap, we mentioned that most cryptocurrencies will have strong bullish power around the support level. The trend in this week also confirms this view. At the macro level, there is no obvious sign of easing the regional crisis and negotiations between Ukraine and Russia may continue. Based on the large-scale purchase of cryptocurrencies by Russian...

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Carried by the market, SOL has struggled to break above the upper rail of the bearish channel and finally the price has broken the previous resistance level. In the Jan.17th-Jan.24th Weekly market recap, we mentioned the importance of the support level(68) for SOL, and now after rebounding, the price needs to face the level again. Conclusion: Mostly falling. ...

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In the last report, we believed that ETH's strong performance in Feb. would help it constitute a reversal, but when the bearish news came, no tokens in the market were spared. The dump in the past week has wiped out the previous advantage. The price has been below the confirmation level on Feb.4. There is no strong support level ahead of the previous low and the...

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In early February, the confidence of market recovered gradually after the previous decline. The marginal effect of Hike has weakened. But this week, due to the influence of the geopolitical crisis in Russia and Ukraine, the entire crypto market dumped and most tokens were close to their previous lows. The region crisis is continuing to develop in a worse...

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From the end of Jan, SOL didn’t rebound much. The price is more likely to fluctuated near the previous low. The confidence of the long side seemed not enough. Because the price broke the support level over the weekend. Throughout the Feb-Rebound, SOL performed worst consistently . Conclusion: Mostly fluctuation. Based on the performance of SOL, we reset the...