Good afternoon, brothers. The big drop last night has reached the vicinity of the first support level given last night. Now, we are starting to see a rebound on a smaller scale. The short positions at the top have brought everyone nice profits. Once the shorts are done, we will start to take long positions. For those who didn't enter the long position at the first support level last night, today there is an opportunity to re-enter near the low before 9 AM; those who entered are already in profit, so just manage it yourself.
Today is Saturday, and the market is expected to fluctuate slightly. The bottom of today's fluctuations is expected to be the low from the drop at 9 AM, while the top will be based on the high of the rebound around 4 or 5 AM last night. We can trade high on the top and low on the bottom around this range; only a breakout above the top will allow for further upward movement, and a drop below the previous low will lead to further downward movement. If you find this range too small, go directly to the first resistance and first support levels to wait. A small range only allows for small profits!
Today's market analysis:
Today, pay attention to the position 71480. As long as it stays above this position, this wave of 1-2 hour level correction can be considered over. Continue to pay attention to the upper pressure levels near 72530-74000-75500!
If it cannot go above 71480 today, it means the market cannot go up for now. Pay attention to the lower support levels near 70435-69100-67400 for another retest!#BTC走势分析
Today, pay attention to the position 2116. As long as it stays above this position, this wave of 1-2 hour level correction can be considered over. Continue to pay attention to the upper pressure levels near 2161-2209-2255!
If it cannot go above 2116 today, it means the market cannot go up for now. Pay attention to the lower support levels near 2077-2050-2020 for another retest!#ETH走势分析
Today, pay attention to the position 659. As long as it stays above this position, this wave of 1-2 hour level correction can be considered over. Continue to pay attention to the upper pressure levels near 669-679-701!
If it cannot go above 659 today, it means the market cannot go up for now. Pay attention to the lower support levels near 646-634-621 for another retest!#BNB走势
Today, pay attention to the position 89. As long as it stays above this position, this wave of 1-2 hour level correction can be considered over. Continue to pay attention to the upper pressure levels near 91-94-97!
If it cannot go above 89 today, it means the market cannot go up for now. Pay attention to the lower support levels near 87-85-82 for another retest!#solana
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