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#沃什首秀美联储利率不变
Trump Dogecoin Conan is surging
After a big drop, BTC, DOGE, XRP, and SHIB have rebounded, but the key resistance level has not been broken yet, and market momentum remains insufficient.
Crypto World Network reports:
According to analysis from overseas media, after a recent round of sharp pullback, the crypto market is trying to stabilize, but the rebound strength of major coins is still limited. After Bitcoin rebounded from slightly above the $60,000 area, it has not yet reclaimed the key resistance band. DOGE, XRP, and SHIB are also all in a downward structure. For now, the market lacks fresh upside momentum.
BTC watches the $67,000 to $73,000 range
The article believes that Bitcoin previously plunged quickly from the $74,000 to $76,000 range, and then saw a rebound, but the daily structure is still weak. The current price remains below multiple major moving averages. The 50-day and 100-day moving averages continue to trend downward, while the 200-day moving average is positioned higher, indicating that medium- to long-term pressure has not yet been lifted.
Changes in trading volume are also a key focus. During the downtrend phase, there was a clear surge in volume, reflecting concentrated selling and forced liquidations; during the rebound phase, volume has declined, suggesting that buying pressure is not strong enough. The article notes that the $67,000 to $73,000 area remains the most critical resistance zone for Bitcoin at present. If it cannot reclaim it, the price may test recent lows again.
DOGE and XRP still haven’t escaped the downward structure
Among several mainstream altcoins, DOGE has still been relatively weak recently. The article says that DOGE has broken below the rising trendline that supported prices since spring, and the price is also below major moving averages. The prior rebound was not sustained. Volume more likely reflects short-term repairs after liquidation rather than continuous accumulation.
Based on the article’s assessment, DOGE’s first resistance zone lies between $0.09 and $0.10. Only if the price returns above this area could market sentiment potentially improve. Otherwise, if the overall market turns weaker again, DOGE still faces the risk of retracing to recent lows.
XRP is similar. The article points out that XRP spent most of the spring in a consolidation range, and then broke down through support at around $1.30. The price briefly dropped to around $1.05. After a breakdown with increased volume, sellers took the lead. Although there was a rebound afterward, it has not yet formed a clear reversal.
At the moment, the $1.20 to $1.30 range is regarded as XRP’s key observation area. If it can reclaim this zone, the recent weak structure may have a chance to ease. If it cannot break through, the rebound may still face selling pressure.
SHIB’s rebound lacks follow-through
The article also mentions that SHIB is one of the meme coins whose technical pattern damage is most obvious in this round of correction. After the ascending wedge structure that had persisted for months failed, the price fell back quickly, almost giving back most of the gains made during the formation of that pattern.
From the performance of moving averages and trading volume, SHIB is still clearly weaker than the prior trend. Although there was a brief recovery after being oversold, the lack of follow-up from buyers remains apparent, and the recent candlesticks also show that rebound momentum is weakening. Overall, these assets have all moved out of extreme fear, but the market has not yet shown any clear signals strong enough to drive a new round of upside.