According to the price analysis for foreign media, the encryption market shorts are still in the sorting phase, with bitcoin moving in a weak direction and a marked fragmentation of the mountain currency. It is mentioned that SHIB and NEAR are still in a state of repair, and HypePe of Hyperliquid is relatively stable after a recent reversal.

Bitcoin focus $6.15 million to $62,000

According to the article, after the latest round of the Bitcoin rebound failed to stand firm, it returned to the bottom of the short-term average, which is still being narrowly organized at this stage. The current market is focused first on the $6.34 million to $6.39 million zone, which in recent weeks has repeatedly become a backlash and has not yet been effectively supported by the purchase of a plate.

According to the text, if bitcoin continues to weaken, the next important support is between $6.15 million and $62,000. The region has been under pressure several times since July. The market could retest an integer of US$ 60,000 if the solar line was clearly broken; then, looking down, the $58,000 to $59,000 zone formed at the end of June would become the next reference position.

On the upward side, the article argues that bitcoin needs to recover between $6.39 million and $64,000 before it has the opportunity to challenge some $6.65 million of nearby resistance. The higher position is close to US$ 7.18 million, indicating that the overall structure is still a distance from retrenchment.

SHIB and NEAR are still in the recovery phase

According to the article, SHIB currently has a small rebound, but its overall structure remains weak. Short-line prices range from $0.0000440 to $0.00000459, and if you can get back on your feet for $0.00000459, the buyout starts to get back on. More resistance is in the vicinity of $0.000492.

If SHIB once again fails to maintain an area of $0.0000440 to $0.00000445, market attention may return to July’s clean-up, around $0.00000420. The article also mentions that the relatively strong and weak indicator of SHIB has recovered from low but has not yet reached the hot zone, meaning that there is still room for continued price volatility.

In the case of NEAR, the article concluded that it was still under considerable technical pressure. Prices continue to run below the main average, indicating that the sale is still using a rebound. If the short-line structure is to be improved, the NEAR needs to recover the near-end resistance and subsequently form a higher low point in the day, otherwise the current restoration is more like a stage rebound than a trend reversal.

HYPE is relatively stronger.

Of the several assets mentioned in the text, the location of hype is relatively stable. According to the article, HYPE is trying to stabilize itself in the vicinity of $56 to $57, following a rebound in the area between US$ 51 and US$ 52, which is also an important location for the median line.

The analysis concluded that the long-term mean line near $50.90 had not been effectively broken in the previous reversal and was key to the current structure being maintained. As long as the 50- to 52-dollar area continues to hold, the Hype retains a more complete multi-head base. Short-wire kinetic energy could be further improved and open to space in the 60-61 United States dollars area if it is on the follow-up dayline station.

However, the article also states that prices could still be measured from $53 to $54 if HYPE was again blocked near $56 to $57. In the event of a failure of US$ 50.90, the current repair structure would be significantly weaker.