Supply and demand drive the market. If there is more supply than demand, meaning there are more shares to sell than to buy, the price will go down.This is because the investors and traders who wish to sell must undercut each other's prices to attract buyers. This action results in a downtrend.These downtrends tend to end or at least pause when they reach support levels. At these levels, there is enough demand, or shares to be bought, to absorb all the supply, or shares that are for sale.As you can see on th ...

Core Viewpoint - Rocket Companies, Inc. shares experienced a significant rally of over 10% following President Trump's announcement of a plan to buy mortgage bonds, which could enhance homeownership affordability. The stock is currently being monitored for potential continuation of this rally [1]. Group 1: Stock Performance - Rocket Companies' stock broke out on Friday, indicating a movement past a resistance level of approximately $21.65, which had previously caused a decline in September [2]. - A breakout signifies that the selling pressure at the resistance level has diminished, allowing for a bullish trend as buyers may need to pay higher prices to acquire shares [4]. Group 2: Resistance and Support Dynamics - After a breakout, a small reversal may occur, where the previous resistance level could turn into a support level, setting the stage for further price increases [5]. - Traders are observing whether the stock will find support around the $21.65 level if profit-taking occurs, which could indicate a potential for upward movement [6].

Market Sentiment - Altcoin市场情绪极度悲观，已跌至10月10日低点[1] - 市场正处于关键支撑位，值得关注[1] - 出现良好反弹，预示可能出现上涨[1] Technical Analysis - Altcoin市场总市值看起来不错[1]

Market Trend - The uptrend on Altcoins remains intact, suggesting continued positive momentum [1] - The market is experiencing a harsh correction, but this is viewed as a temporary setback [1] - The Altcoin market capitalization is holding a crucial level of support, indicating potential stability [1] - The market is forming a bottom, suggesting a potential reversal and future upside [1] Technical Analysis - The market is consistently making higher lows, a bullish signal [1]

Market Trends and Analysis - The crypto market is currently experiencing bearish pressure, influenced by the pullback in the US stock market [4][11][50][52] - Bitcoin is testing crucial support levels and showing potential for further downside movement if key levels are breached [1][6][7] - Altcoins are generally underperforming Bitcoin, indicating a challenging short-term outlook for the altcoin market [27][28][31] - Ethereum is showing signs of a potential bullish divergence, but the short-term trend remains bearish [29][31][32][33][34][35] - Solana is approaching a critical support level, with a potential drop towards $100-$105 if the $124 support is broken [37][38][39] - XRP faces significant bearish divergence on larger time frames, with $1.80-$2 acting as the final significant support area [41][42][46] - Chainlink is following the broader market's bearish trend, testing support around $12, with potential for further downside if this level is breached [47][48][50][51][52] Trading Strategies and Opportunities - The analysis suggests considering short positions in the current market environment, particularly if key support levels are broken [13][14][15][16][28][53] - Potential entry points for short positions are identified, such as a retest of resistance levels or a break below support [14][15] - The report emphasizes the importance of monitoring key support and resistance levels to identify potential trading opportunities [24][25][46][51] Exchange Promotions - Pinex crypto exchange offers bonuses for new accounts, including a 50 USDT bonus for completing KYC and deposit bonuses up to 1,000 USDT for deposits up to 10,000 USDT [17][18][19] - 2bit crypto exchange provides exclusive bonuses and a trade protection and recovery fund, potentially allowing users to recover some liquidated funds [20][21]

$94,000 per $BTC couldn't hold.Therefore, Bitcoin goes in search for a support level (CME gap is an obvious point).The volatility remains high, and, I think we'll find ourselves into a bottom in the first days of this week as there's a lot of macroeconomic data lined up later in the week + the FED is likely going to step in.Also, given that last week was such a terrible weekly candle, it's impossible to expect an imminent V-shape recovery after that.Things take time.This cycle isn't over. ...

This is, just like many other #Altcoins, a massive point to accumulate positions.$SEI is one of them.Back to the higher timeframe support level, after taking out all the liquidity at the resistance.I would assume that we're firing up a new rally from here, given that there's been a ton of progress on the fundamental side.In that aspect, it's not strange to expect a run of 100-200% against $BTC. ...

Market Analysis - Short-term holders' break-even point equals the current price, historically indicating strong support during bull market corrections [1] - The situation suggests a potential market bounce back [1]

Group 1 - Cooper Companies, Inc. (COO) is experiencing an upward trading trend, indicating potential bullish dynamics due to being oversold and at a support level [1][8] - The concept of being oversold occurs when a stock price falls below its typical trading range, often leading to a reversion to the mean as traders anticipate a price reversal [2][4] - Oversold conditions attract buyers, creating upward pressure on the stock price as they expect a move higher [4][8] Group 2 - The use of Bollinger Bands is one method to determine if a stock is oversold, with a stock considered oversold if it falls two standard deviations below the 20-day moving average [5][6] - Cooper Companies is currently at a support level, which is characterized by significant buy interest, often leading to price rallies after reaching this level [7][8] - The combination of being oversold and at a support level suggests a strong likelihood of Cooper Companies moving higher in the near term [8]

Core Viewpoint - Microsoft Corporation's stock is currently experiencing a consolidation phase, forming a 'rectangle pattern' on the chart, which may indicate a potential bullish trend ahead [1]. Group 1: Stock Performance - Microsoft shares have been trading within a range for the past month, showing a classic 'rectangle pattern' that suggests possible upward movement [1]. - The stock is currently at a support level, which it has reached twice in the past year, leading to significant upward movements on both occasions [5]. Group 2: Technical Analysis - A 'rectangle pattern' indicates a balance of power between buyers and sellers, with neither side in control, which can signal a potential change in market leadership [2][4]. - The price action suggests that selling pressure may be over, and buyers (bulls) could soon take control, potentially leading to a breakout from the current trading range [5][6]. - The behavior of anxious buyers at support levels can create a snowball effect, driving prices higher as they increase their bids [6].