Sypool

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We can see that ETH was stuck by the short side after breaking through the resistance level(3170). Unfortunately, the price didn’t directly enter into the bullish channel. As the strongest of the three, ETH holds the potential to rise. However, it should be noted that the long side is likely to fall into fluctuation if they cannot continue the performance of the...

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A quiet week has passed.We defined the support level(40500) and the resistance level(46000) in the last report . BTC pulled back after reaching the resistance level on Feb.10 and remains in the fluctuation range we gave. The power-gap between the long and the short isn’t big. On a large scale, the short side did not strengthen significantly after the long side...

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Luckily, before reaching the critical support level, the long side’s power strengthened and exited the bearish channel as well. But SOL performed worst of the three last week. The distance between the upper rail of the bearish channel and the current price is very short. Inactive trading volume also showed that the confidence of long isn’t enough. Conclusion:...

Sypool

Eth exited the bearish channel, and the price returned to the level of Jan.20. Eth performed better than BTC last week. The long side started to attack on Jan.28 and touched the resistance level(2760) mentioned in the last recap. Although the short side strengthened after that,the long side directly rose and made a confirmation under the strong performance of the...

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After pumping on Feb.4, the price broke the bearish channel and the resistance level(40500). The short side did not resist fiercely and the price stayed at 42800. The bearish channel is no longer effective. It is still difficult to say whether it can start an uptrend. Judging from the short’s performance of the last week, the weakening of the strength is obvious....

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Like ETH’s situation, after reaching the lower rail of the bearish channel, the strength of the long increased. And the short retested the new support level. In the recent stage of decline, SOL has the largest dump of the three undoubtedly, nearly -40%. As shown by the green arrow on the left, we think it may be related to the high-slope pump in September last...

Sypool

ETH rebounded for a while after touching 2170. It may be limited by a larger level of the short. So the price fell again after rebounding to 2700. ETH performed worse than BTC this week. From the graph, you can find that the long strengthened after the price reached the lower rail of the bearish channel. But the bears frequently tested this new support at 2400 in...

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You can see that after the dump of Jan.21, both long and short stagnated. Although the short side has stopped attacking, the price climbed like a snail. The long side is still struggling. The price rebounded to 39000 on Jan.26, but as before, the strength of the long was fading again and pinbar appeared. While the short did not gain more this week, the poor...

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Until now, SOL has fallen by -39% last week. As the arrow shows on the graph, it took only two weeks for the price to rise from $70 to $190 last year. And now the price is falling as quickly as it used to be. The power of the short side is no less than the long’s when they rose. The support level(68) last year is critical for SOL. For the near look, the candles...

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So far, ETH has fallen by -24% in the last week. The miracle we mentioned didn’t happen. The price did not threaten the upper rail, but the slope of falling increased. The long side has no significant defence at the support level(3000) which we set the last recap, even at 2700, which is another important support level. The support level is like the Maginot Line....

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Last week we mentioned that BTC may retest the support level, but after reaching the level(40500), it dumped. After dumping over the weekend,the price now stuck at 35200 which generated high volume on Jul.26 last year. The previous support level has turned to a resistance level. In the present situation, it is difficult for price to threaten the resistance...

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During the decline in the week (3rd-9th), it is not difficult to find that long side was strengthening which explains that the price even reached 160 in the subsequent rebound process. But similar to ETH, the short side of SOL did not decrease in the rebound. There is not enough evidence to show that the reversal will start.With the appearance of the long candle...

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In the last weekly market recap, we mentioned ETH's poor performance in the second half of the decline. Last week, ETH rebounded so powerful. Although the price is still below resistance level (3400) given in last recap, the change in the performance of long side may make up for the previous panic decline and mean something interest which we will share after the...

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After price touched the resistance level(39,700) at the early of last week, the strength of long side increased significantly and once rebounded to 44,000. We can see a strong support level(40700) which is the start of second part of bullish channel last year. This also makes the subsequent price rebound to the 44000. But the price did not stand firm at 44,000...