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Market analysis for BTC/ETH/SOL/DOGE on May 8, 2025 at 10:20 AM


What? With such a good market, you've been losing money recently? What are you actually doing? Why?
This week has been quite good. Aside from some people stopping their losses and others breaking even or making profits from the short positions the day before, there were at least 3 opportunities to go long at 93600 on Monday. On Tuesday evening, we went long directly at 93700 for the big coin and at 1745-1753 for the second coin. Last night, there was a buy order for the second coin at 1795. If you had listened to Brother Sao and left a bottom position, you would definitely have made a big profit! No stop-loss hit on your break-even, so why can't you even hold a bottom position?
BTC attention
Support 95500/93911/91700
The pressure is temporarily set at 100000 mental threshold.
The key level is around 97000, 98000 has already been reached, and any subsequent decline without significant volume is just a paper tiger. Each wave of decline should have stop-losses and demand for new highs!
ETH Attention
Support 1790/1753/1675
Pressure temporarily set at 1875/1912
The second pancake has once again reached a point where everyone thinks he is very weak and particularly wants to short him, but the big pancake is making rapid progress. Is it really logical to short him? Missing this week's long opportunity at 1753/1795 means you'll have to find new opportunities for this week!
SOL Attention
Support 133/109
Pressure 167
This time we followed BTC towards 167, and it never broke below 140, but fortunately, we traded BTC and ETH, so we didn't miss the opportunity to get in these past two days!
DOGE attention
Support 0.165/0.1515
The pressure is temporarily set at 0.2/0.23
The key point is 0.18. If it breaks through 0.18 with both volume and price rising this time, then 0.23 is likely to be challenged!
On operations: Bottom position, bottom position, bottom position, it's important to say it three times. We are currently in a new vacuum area. After opening the upward space, we can operate aggressively, but the expected space can be lowered a bit. However, the bottom position must be kept. We need to operate cautiously to maximize high returns!
#WCTC S7 报名开启#
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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NickName?vip
· 05-09 02:04
According to Gate.io News bot and reported by Fortune, social media giant Meta is in discussions with multiple companies to deploy stablecoin plans on its platform. This move comes after Meta terminated its flagship crypto assets project Diem.
Meta is currently negotiating with several potential partners to integrate existing stablecoin payment functions on its social platform. This news was first disclosed by Fortune magazine.
Previously, Meta had led the development of a crypto assets project called Diem, but that project was terminated last year.
Reply0
BornToBeBeautiful131vip
· 05-09 00:15
According to the Gate.io News bot and a report by Fortune, social media giant Meta is in talks with multiple companies to deploy stablecoin plans on its platform. This move comes after Meta terminated its flagship crypto assets project Diem.
Meta is currently negotiating with several potential partners to integrate existing stablecoin payment functions on its social platform. This news was first reported by Fortune magazine.
Previously, Meta led the development of a crypto assets project called Diem, but that project was terminated last year.
Reply0
Jhui25vip
· 05-09 00:02
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GateUser-ed950a40vip
· 05-08 06:59
Good, quality market analysis. Thank you for the useful information.
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