The hammer candle appears, but the bottom test has not been fully completed yet.

LowCapGemHunter · 2026-02-09T01:03:52+00:00

The essay discusses the current uncertainty in the cryptocurrency market, highlighting the performance and potential price movements of major coins like SOL, XRP, LINK, and HBAR. It emphasizes a cautious approach, suggesting that traders wait for clearer signals before entering the market.

LowCapGemHunter

2026-02-09 01:03:52

Abstract generation in progress

Currently, many top coins are showing quite attractive pin bar signals on the price charts. However, according to observations, the process of retesting important support levels is still ongoing and shows no signs of stopping. In fact, most leading coins have not yet returned to the official downtrend channel, creating a rather uncertain market situation.

When examining each specific cryptocurrency, SOL is currently at $86.97, with an expected return to the $120 zone for retesting. XRP, with a current price of $1.43, still needs to be monitored around the $1.88-$1.92 range to confirm support levels. LINK is trading at $8.82, and if the bottom retest process proceeds fully, it could drop further to reach the $11 zone. HBAR, with its current price at $0.09, is expected to return to approximately $0.122-$0.124 for retesting, differing from previous forecasts due to the prolonged testing period.

The current strategy is to wait and observe further. Do not rush into trading, but wait until the market shows more stable signals at the bottoms, especially when a clear reversal signal appears. Only then should you consider entering the market with pin bars and more promising entry points.

SOL-1,28%

XRP-0,06%

HBAR-0,18%

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