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The overall increase in the TON ecosystem today is quite good. The founder's call effect has led to this, and currently, there is hype around positive expectations (to be announced within about 7-15 days), so funds are still supporting the market during this period.
The ecosystem with the most impressive gains is $DOGS . It has a relatively low market cap and is also considered the leading meme dog avatar of TON, having accumulated positions at the bottom for over a year, and starting to explode in the past couple of days.
Results from copycat projects are all zeroed out, but there is short-term heat without breaking the downtrend, proving that the main players still do not want to sell off. At least today, those shorting are just fueling the fire. This is definitely not the top.
【If you want to short, you can short the mainstream #ETH , $SOL 】 The mainstream will still pull back to 2400 today, which is the strongest weekly-level resistance. Boldly short ETH at the current 2375. After the US stock market opens tonight, you will come back to thank me! There are large sell orders in the 2400-2430 range, which is also a very strong resistance zone. The amount is quite large, making transactions difficult, and it will likely lead to a surge in long positions first.
Secondly, according to the liquidation map, there are nearly 300 million long positions near 2320 on Ethereum waiting to be liquidated. This position will definitely be cleaned out recently, as the bottom chips have already taken profits at high levels.
There is no one-sided trend now, and continuous sharp rises are unlikely. Choosing to short around resistance levels for a wave trade is more stable!
Altcoin recommendations: $4, #ETH , CHZ, Mubarak.