No running today, make a cup of jasmine tea, then lie back down for a bit. These past few days, I’ve added a few custom coins to my watchlist—using them from multiple angles as a basis to observe the overall market.
Bitcoin is currently experiencing a slight consolidation. The daily price is holding steadily above the MA7 and MA20 lines. The MA99 on the medium-to-long term continues to slope upward, providing ongoing support from below, and the trend on the larger timeframes remains favorable. The daily RSI is around 63, sitting in a neutral-to-strong range without entering an extremely overheated state. In the short term, the long/short battle is relatively balanced, and of course Bitcoin’s path is the wind vane for the whole market. SUI is seeing a pullback today; the 24-hour decline is relatively large and it’s moving in line with the broader market sector, coming under synchronized pressure. On the daily chart, we’ll need to keep an eye on whether the short-term moving averages can continue to provide support. MINA has been performing impressively recently, so I’ve added it to my watchlist for ongoing tracking.
The market keeps rotating. During downtime, I filter a few projects with solid fundamentals, add them to my watchlist, and feel out the market’s rhythm. On rest/run-break days, I slow down, watch the chart calmly, and sort out how the market is moving.
$BTC $SUI
Bitcoin is currently experiencing a slight consolidation. The daily price is holding steadily above the MA7 and MA20 lines. The MA99 on the medium-to-long term continues to slope upward, providing ongoing support from below, and the trend on the larger timeframes remains favorable. The daily RSI is around 63, sitting in a neutral-to-strong range without entering an extremely overheated state. In the short term, the long/short battle is relatively balanced, and of course Bitcoin’s path is the wind vane for the whole market. SUI is seeing a pullback today; the 24-hour decline is relatively large and it’s moving in line with the broader market sector, coming under synchronized pressure. On the daily chart, we’ll need to keep an eye on whether the short-term moving averages can continue to provide support. MINA has been performing impressively recently, so I’ve added it to my watchlist for ongoing tracking.
The market keeps rotating. During downtime, I filter a few projects with solid fundamentals, add them to my watchlist, and feel out the market’s rhythm. On rest/run-break days, I slow down, watch the chart calmly, and sort out how the market is moving.
$BTC $SUI
