Sypool

Sypool

So far, ETH has fallen by -24% in the last week. The miracle we mentioned didn’t happen. The price did not threaten the upper rail, but the slope of falling increased. The long side has no significant defence at the support level(3000) which we set the last recap, even at 2700, which is another important support level. The support level is like the Maginot Line....

Sypool

Last week we mentioned that BTC may retest the support level, but after reaching the level(40500), it dumped. After dumping over the weekend,the price now stuck at 35200 which generated high volume on Jul.26 last year. The previous support level has turned to a resistance level. In the present situation, it is difficult for price to threaten the resistance...

Sypool

During the decline in the week (3rd-9th), it is not difficult to find that long side was strengthening which explains that the price even reached 160 in the subsequent rebound process. But similar to ETH, the short side of SOL did not decrease in the rebound. There is not enough evidence to show that the reversal will start.With the appearance of the long candle...

Sypool

In the last weekly market recap, we mentioned ETH's poor performance in the second half of the decline. Last week, ETH rebounded so powerful. Although the price is still below resistance level (3400) given in last recap, the change in the performance of long side may make up for the previous panic decline and mean something interest which we will share after the...

Sypool

After price touched the resistance level(39,700) at the early of last week, the strength of long side increased significantly and once rebounded to 44,000. We can see a strong support level(40700) which is the start of second part of bullish channel last year. This also makes the subsequent price rebound to the 44000. But the price did not stand firm at 44,000...