According to FXStreet, the EUR/CNY currency pair is approaching a breakout above the long-held 38.2% Fibonacci retracement level, a critical resistance point that traders are closely monitoring. The potential breakout could signal a shift in market momentum, offering opportunities for traders to capitalize on the upward movement. Analysts suggest monitoring the pair's behavior around this level for possible entry or exit points. (Source: FXStreet)

According to Trader Tardigrade (@TATrader_Alan), $MNT is forming an ascending triangle pattern on the weekly chart, with resistance at $1.4. The target for this bullish pattern is $5, and with the current price at $0.76, it presents a potential 7x profit opportunity.

According to CrypNuevo, the W pattern for Bitcoin has played out, allowing for futures trading with easy invalidation below the lows. However, it is premature to assert a bullish momentum since Bitcoin remains below the main resistance level of $91.5k and is experiencing choppy consolidation between the 1D50EMA and 1W50EMA. This suggests caution as the market lacks clear bullish signals above these critical resistance levels.

According to Mihir (@RhythmicAnalyst), a strategy for BTC breakdown involves getting stopped out and waiting for another opportunity on the downside. This approach, while logical, often fails in execution due to traders' lack of education and awareness about support and resistance levels, which are crucial for effective trading decisions.

According to Material Indicators, BTC is showing a promising start to the 2nd Quarter with upward signals from Trend Precognition algorithms on the daily chart. However, traders should be cautious as BTC encounters strong resistance at the 21-Day Simple Moving Average (SMA). The new trend signals indicate potential momentum but do not guarantee that BTC will overcome this resistance level.

According to Trader Tardigrade (@TATrader_Alan), Ethereum ($ETH) is experiencing a breakdown at the $1947 support level, which could potentially be retested as a resistance. This setup suggests a good entry point for a short position with a target at the previous low of $1794. The analysis highlights the significance of the $1947 level as a flip point between support and resistance, providing traders with a clear target for shorting opportunities.

According to Mihir (@RhythmicAnalyst), both Gold and Bitcoin are maintaining bullish trends. Gold is currently near a resistance level, while Bitcoin is showing strength by bouncing off a support level. This indicates that although corrections can occur near resistance levels—as seen when Bitcoin was near $108k—it doesn't signify the end of an upward trend.

According to AltcoinGordon, the recent examination of the Ethereum (ETH) chart suggests significant resistance levels around $2,000 and support near $1,800, indicating potential trading opportunities for risk-averse traders to consider shorting at resistance and bidding at support levels.

According to @glassnode, Chainlink's cost basis distribution reveals two significant price clusters at $14.6 with approximately 65 million LINK and $16.0 with about 20 million LINK. These levels are critical for traders as they trace back to long-term investors who have been active since August-October 2024. The engagement of these investors into 2025 suggests these clusters could act as potential support or resistance levels, depending on market conditions.

According to @glassnode, Bitcoin's current support levels are at $84.1K with approximately 40K BTC, $82.09K with about 50K BTC, and $80.92K with around 20K BTC. These levels serve as a near-term cushion for Bitcoin. Additionally, a significant resistance is developing around $95K, attributed to a growth of 12K BTC in investor cost basis clusters since March 24.

According to Michaël van de Poppe, the upward trend for BTC remains but is showing signs of weakness. He suggests that if BTC drops below $84,000, it may test the $78,000-$80,000 range before a potential rebound.

According to Trader Tardigrade, Dogecoin is nearing a critical resistance level at $0.196, suggesting a potential trading opportunity as price consolidation may lead to a breakout or reversal. Traders should monitor volume and market sentiment closely for further signals.

According to Trader Tardigrade, Dogecoin is facing resistance at a Descending Trendline but the RSI breakout suggests that Dogecoin has recently gained significant momentum. This could lead to a strong uptrend if the momentum sustains.

According to Pentoshi, the market has spent 100 days in a previous trading range, marking it as a significant level for traders to watch. This indicates potential areas of support or resistance, which are crucial for making informed trading decisions. Source: [Pentoshi](https://twitter.com/Pentosh1/status/1904270548005265465).

According to @Pentosh1, Bitcoin is facing a current resistance level around $90,000 to $92,000. To reclaim this level, Bitcoin needs a decisive close on either the 3-day or weekly chart above this range, which is critical for bullish momentum.

According to Michaël van de Poppe, Bitcoin continues to establish higher lows, indicating a bullish trend as it approaches key resistance levels. This pattern suggests potential for further rally, although a minor pullback might occur. Traders should monitor these levels closely for potential breakout opportunities. [Source: Michaël van de Poppe (@CryptoMichNL)]

According to Michaël van de Poppe, Bitcoin has performed a solid retest of its previous support levels, indicating a potential upward movement. The key resistance to watch is the $87K mark, and breaking through it could propel Bitcoin's price above $90K. This analysis suggests a bullish outlook for Bitcoin traders if the resistance is overcome. (Source: Michaël van de Poppe via Twitter)

According to Mihir (@RhythmicAnalyst), BONK is nearing a breakout with critical support and resistance levels disclosed to M-Call subscribers, highlighting potential trading opportunities.

According to Mihir (@RhythmicAnalyst), LAYER is demonstrating strong performance with potential for reaching new highs. The specific resistance and support levels have been disclosed exclusively to M-Call subscribers, indicating strategic trading opportunities for those who have access. This suggests an upward trend that traders may want to observe closely. Source: Mihir (@RhythmicAnalyst) on Twitter.

According to Michaël van de Poppe, Bitcoin dominance is encountering a resistance area. Traders should monitor this level closely as it could impact overall market sentiment and trading strategies. This resistance could signify potential shifts in altcoin performance relative to Bitcoin, making it crucial for traders to adjust their portfolios accordingly. Source: Michaël van de Poppe (@CryptoMichNL).