Foreign media analysis suggests that after a recent sharp correction, the crypto market is attempting to stabilize, but the rebound of major cryptocurrencies remains limited. Bitcoin, after recovering from the $60,000 area, has yet to regain its footing above key resistance levels, and DOGE, XRP, and SHIB are all in a downward trend, indicating a temporary lack of new upward momentum in the market.

BTC is expected to trade in the $67,000 to $73,000 range.

The article argues that Bitcoin's rapid decline from the $74,000 to $76,000 range, followed by a rebound, still indicates a weak daily chart structure. The current price remains below several major moving averages, with the 50-day and 100-day moving averages continuing to decline, and the 200-day moving average at an even higher level, suggesting that medium- to long-term pressure has not yet been relieved.

Changes in trading volume are also a key point to observe. Significantly high volume appeared during the decline, reflecting concentrated selling and forced liquidation; while during the rebound, trading volume declined, indicating that buying pressure was not yet strong enough. The article mentions that $67,000 to $73,000 remains the most critical resistance area for Bitcoin at present; if it cannot be recovered, the price may retest recent lows.

DOGE and XRP have not yet escaped their downward trend.

Among several mainstream altcoins, DOGE has remained relatively weak recently. The article states that DOGE has broken below the upward trendline that supported its price since spring, and the price is also below major moving averages. Previous rebounds failed to hold, and trading volume reflects more short-term corrections after liquidation than sustained buying.

According to the analysis in the article, the first resistance zone for DOGE is between $0.09 and $0.10. Only a return above this level could improve market sentiment. Otherwise, if the overall market weakens again, DOGE still risks retesting recent lows.

The situation for XRP is similar. The article points out that XRP traded within a consolidation range for most of the spring before breaking below the support level of around $1.30, with the price briefly dipping to near $1.05. After the breakout with significant volume, sellers took control, and although there was a subsequent rebound, a clear reversal has not yet materialized.

Currently, the $1.20 to $1.30 range is considered a key observation zone for XRP. A retest of this level could ease the recent weakness; otherwise, any rebound may face selling pressure.

The SHIB rebound lacked sustainability.

The article also mentions that SHIB is one of the meme coins whose technical pattern has been significantly damaged in this round of correction. After the rising wedge pattern that had lasted for several months failed, the price quickly fell back, almost erasing most of the gains made during the formation of that pattern.

Judging from the moving averages and trading volume, the SHIBOR is currently significantly weaker than its previous trend. Although there was a brief recovery after being oversold, buying interest was insufficient, and recent candlestick patterns also indicate that the rebound momentum is weakening. Overall, these assets have escaped the extreme panic state, but the market has yet to show clear signals sufficient to drive a new round of upward movement.