The hype around the World Cup has temporarily died down, and funds on the sidelines have started flowing back into the crypto market.
As I mentioned earlier: as long as Bitcoin does not effectively break down below $62,500, this leg of the行情 still has the chance to retest the prior high. Now BTC has also managed to reach around $66,711. The next most critical level is $68,000.
There is a lot of sell pressure stacked around $68,000. On the first attempt, it will most likely keep oscillating repeatedly. But if it can break through with increased volume and hold above this level, then the next step naturally becomes a retest of $70,000. The sell orders at the $70k level won’t be light either. However, price action is always digesting one layer of pressure after another. There’s no need to panic at every pullback, and you also shouldn’t blindly chase after a single big bullish candle.
You need to focus on $65,000 on the downside. As long as this level holds, the short-term bullish structure hasn’t been broken. If it effectively breaks down, the行情 may continue back toward around $63,500 to seek support. Below that, $62,600, as well as the $1,830–$1,850 area for Ethereum, are still rebound zones I think are worth paying attention to—but it’s best to enter in batches rather than going all-in at once.
These days’走势 also once again show that, at this stage, Bitcoin is stronger than Ethereum—this is the market’s main theme. The earlier pullback looked more like funds rebalancing: some capital moved from Ethereum into Bitcoin, giving BTC back stronger market dominance.
Finally, one more reminder: what we’re seeing now looks more like a stage-by-stage rebound driven by returning capital, and it still can’t be directly defined as a true full-blown bull market. BTC can be used to judge around key levels, but for altcoins, try to touch them as little as possible for now. The biggest risk at this stage isn’t missing opportunities—it’s misjudging a short-term rebound as a broad-based bull market, and ending up not taking profits, while instead turning into altcoin liquidity.
Next, just watch two levels: $68,000 above, and $65,000 below.
If it holds above $68,000, the $70,000 mark is just around the corner; if it breaks below $65,000, then first wait around $63,500 for new support. The行情 can be optimistic, but your trading must stay clear-headed.
It’s the weekend today. This younger girl has been contacting me quite often. I think we’ve known each other online for about 4 or 5 years. I’ve never met her in person. The last time, I was just joking with her and told her to come over, and I’d buy her a bag and take her out to have fun.
Then today, she suddenly sent me a few photos. She told me she’s already taken the high-speed rail to come to where I am.
At first, I didn’t believe it. After all, it’s more than 500 kilometers. Is she out of her mind to come find me? I also wasn’t prepared to meet her in person.
So I told her, “You’re lying to me, right? Are you just traveling somewhere?” She then sent me the tickets as proof, but I still didn’t want to believe it. I ended up calling her for a video chat.
After the video call, I really believed it…
When she first added me as a friend, she was only 15. She was a minor. Now 5 years have passed, and she’s almost about to graduate from university. Time really flies.
Back then, while she was still in school, she would talk to me every day. Whenever something happened, she’d come to me and tell me about it. I’d also buy her things and send her red envelopes. On holidays, she’d even give me gifts. We got along pretty well, but I kept not going to meet her. I thought it was good enough to just be an online friend for life, and not interfere with other people’s lives.
I’ve always treated her like a little sister. When we first met, I even asked her to send me photos. At the time, she didn’t look fully grown yet. I didn’t expect that after a few years, she would already be a beautiful young woman.
That little girl who used to come to me whenever she cried is now able to handle her own emotions. She doesn’t have to come to me with so many complaints anymore.
This time, her coming to find me was also beyond my expectations. Since she’s really here, I’ll dress up properly and then go pick her up when she arrives. In the next few days, I’ll take her out and show her a good time.
My mood is really complicated right now, because it’s been a long time since I felt this way.
$LAB’s double-bottom structure is gradually taking shape—will the real breakout signal be coming?
Recently, while monitoring the market, I’ve noticed that $LAB’s daily chart is becoming increasingly interesting.
After months of sustained decline and turnover at the bottom, $LAB is now attempting to form a fairly clear double-bottom pattern. The trapped-share supply and short-term selling pressure have been digested repeatedly, and the price has started to stabilize at the bottom. If it can then break through the key resistance level with increased volume, this area could very well become the starting point of a new round of momentum.
From the chart, there are currently three signals worth paying attention to:
First, the bottom structure has become increasingly solid.
$LAB has been consolidating sideways at low levels for a long time. During this period, it has gone through multiple rounds of shakeouts, but the price has not continued to break down significantly. After the most recent attempt at a low, it quickly rebounded, suggesting that buyers are starting to show up below and that bearish pressure is gradually weakening.
Second, the short-term moving averages are starting to strengthen.
The 5-, 10-, and 20-day moving averages are gradually converging and showing signs of upward divergence. For stocks that have been weak for the long term, moving averages turning back upward often indicates that the short-term trend is beginning to change. Only if the price can hold above the moving-average system will the upside room have a real chance to open up.
Third, price rises with expanding volume, while pullbacks come with shrinking volume.
This is the point I care about most. During the earlier rally, trading volume clearly expanded, indicating that money is actively stepping in. But during the pullback, volume shrank quickly, suggesting that the chips are not undergoing large-scale unloading. In simple terms: someone is buying, but fewer and fewer people are willing to sell at low prices.
Of course, we still can’t directly conclude that $LAB has already entered a major uptrend. The most critical next step is whether it can break out above the neckline and the overhead moving-average resistance with increased volume. After a breakout, it must also be able to hold, and a subsequent retest must not break down—then the double-bottom pattern can be considered truly established.
$LAB is now in a fairly critical turning-point stage. Opportunities may be getting closer, but in moments like this, you should wait for confirmation after a breakout, manage position sizing well, and don’t chase blindly higher.
If it breaks out with volume later on, this could indeed be the final relatively comfortable “boarding” zone. 🚀
The above is only my personal observation of the chart and does not constitute any investment advice.
It’s been a while since I looked at the secondary market. Today I checked out this $LAB—you can get in now. I expect the market to pick up soon!
After this coin has been repeatedly washing/pulling at the bottom, it’s already started to see people slowly accumulating.
The most obvious sign is: there have been multiple wick spikes at the bottom, but the price hasn’t continued to break down through and lower. Instead, you can start to see volume coming in. The panic selling has basically been flushed out; anyone who could sell has sold early. I expect the rebound to be able to keep breaking through and, most likely, we could see a breakout of 1–2 dollars as well.
On the technical side, I’m focusing on these signals: The bottom clearly has increased volume—there’s been capital steadily entering the market.
The RSI shows bullish divergence: the price hasn’t made much in the way of new lows, but the indicator has started to repair gradually.
If later the neckline breaks and it doesn’t fail on the retest, then this bottom structure will be quite solid.
If moving averages continue to recover—especially if the 20-day line turns upward—then the bullish setup will become increasingly clear.
$LAB’s truly key point isn’t that it’s up a few points right now, but whether it can completely play out the bottom range. Once the breakout is confirmed, first phase I’m looking at the $0.8–$1.2 range.
If volume keeps following through and sentiment also turns up, thinking about $2 isn’t impossible—maybe it’s just a consolidation point within the main advance—so you can position at the bottom for a wave. The bottom has already formed; now it’s all about whether the capital can keep flowing in to drive a big rally!!!
Uh-huh, we’re hosting and going to eat hot pot—then it turns out it’s a table set meal with two items. We can’t order anything extra; we can only eat what comes in that set.