The short-term market correction has basically followed expectations
$BTC / $ETH Continue monitoring the 90500 and 3074 levels today.
Regarding Hexue, the long position at $BREV from yesterday was partially exited early due to potential amplified volatility from Alpha and spot markets.
The broader altcoins have clearly weakened, most likely following the mainstream trend in a correction. Coins like $BCH remain unchanged, frequently experiencing sharp spikes—avoid rushing in.
Current favorable shorting ideas in the current altcoin environment:
$SUI: A large-volume doji on the daily chart yesterday, RSI overbought, with multiple parallel support levels below—stop-loss level is too obvious, likely to be swept. Consider entry around 1.94 on lower timeframes, offering good value.
$DOGE: Classic fake breakout followed by a spike and pullback; consider shorting around 0.151.
The correction is not yet complete—don't rush to re-enter altcoins. Stick with the trend and trade with the momentum for greater stability.
