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$BTC $SOL $ETH Did BTC break through and then fail? Bitcoin may have had a fake breakout! Micron and Hynix plunge—what to do right now?
1. The market is truly a pity. Let me first talk about the downside catalysts. Bitcoin yesterday finally tested an upside breakout, but at the same time the semiconductor sector got hit across the board. Micron’s stock price directly dropped from the thousand-yuan level to the 800 range, dragging U.S. stocks lower and abruptly interrupting the previously bullish upswing in the crypto market. Has there still been a chance for further upside later?
As the overall market’s direction is unclear, retail investors should stick together to stay warm, embrace the community—an established one—focusing deeply for 3 years, and follow the first-tier chain on-chain #沃什称AI是否引发通胀取决于美联储 #ETH站稳1900美元 #BTC Trump’s Dogecoin Çöñåñ (sol chain), last digits: xBQt
2. Short-term rebound opportunities still exist, but don’t rush into the entry. Wait for a pullback to the key strong support before considering long positions. For Bitcoin, focus on the two support levels: 6.33 hundred thousand and 6.28 hundred thousand. If it drops into that range, look for a rebound on the scale of a thousand points. At this stage, keep operations as conservative as possible. Korean stock markets are highly volatile and often see large sell-offs with circuit breakers, which will continue to disrupt global capital market sentiment.
3. ETH’s chart strength should be stronger, and its support levels should be higher than BTC’s as well. Focus on 1875 and 1830. Especially 1830: it was a prior consolidation high. After breaking through, resistance turns into support. If the price pulls back to the right level, then consider setting up long positions.
4. My prediction yesterday was also fairly accurate. I previously mentioned that ETH would test the 1950 resistance zone on the way up. During the night, the price happened to reach that level, and many friends took the opportunity to short—results were quite good. Going forward, once it holds steady and breaks above 1950, the next resistance to watch is 2050. Key levels can be worth marking down.
5. Also, the semiconductor sector has seen a massive drawdown recently. I currently hold short positions. Earlier, I shared the plan: if MU rebounds to around 1000 and meets that pressure zone, take profit and exit. Then reverse and set up shorts. Now for MU, pay attention to support at 880 and 790. Next, scale out profits on dips in batches to capture the profits from this wave of market.