Brothers, the hardworking people are the most glorious! We've got a festival coming up, so happy holidays to us! Last night, the market had a solid little bounce on the lower timeframes, which has now sparked a 4-hour rally. Today, pay attention to the white line position; as long as we don't break below it, we can enter some small long positions (for a safer play, aim for the first support level). The target is the resistance level above. Once we hit that resistance, we can go in light with a short!
Today, keep an eye on the first resistance level. If it can't break through, the 4-hour downtrend will remain intact, and the market will likely drop further. On the daily chart, only if we close above the first resistance level will this retracement be fully over, and we can start to see a bullish reversal!
Currently, BTC is showing a bullish rebound on the weekly chart. Last month, it just hit the midpoint of the rebound; as long as it doesn't break last month's high of 79450, it will retrace. If it breaks above that high, it will continue to move up. Just watch the monthly resistance levels above!
BTC's support levels this month are: 72500-67000, and resistance levels are: 79450-84500-89000.
ETH's support levels this month are: 2180-2030, and resistance levels are: 2370-2470-2730.
Today's market analysis:
Keep an eye on BTC at 76260 today; as long as it retraces but doesn't break this level, the 4-hour chart continues to show bullish momentum. Look to short around the levels of 77870-79450-81500!
If it retraces and breaks below 76260 today, this 4-hour bullish bounce fails, and we'll look for buy orders around the lower levels of 74880-73580-72280! #BTC走势分析
Keep an eye on ETH at the 2260 level today; as long as it retraces but doesn't break this level, the 4-hour chart continues to show bullish momentum. Look to short around the levels of 2310-2340-2370!
If it drops below 2260 today, this 4-hour bullish bounce fails, and we wait for buy orders around the lower levels of 2220-2175-2115! #ETH走势分析
Watch BNB at 620 today; only a strong breakout above this level indicates significant bullish momentum. Look to short around the levels of 630-640-655!
If it doesn't push above 620 today, the top of the consolidation zone remains unbroken; we'll look for buy orders around the lower levels of 610-600-590! #BNB走势
Keep an eye on SOL at 83 today; as long as it retraces but doesn't break this level, the 4-hour chart continues to show bullish momentum. Look to short around the levels of 85-87-89!
If it retraces and breaks below 83 today, this 4-hour bullish bounce fails, and we'll look for buy orders around the lower levels of 81-79-76! #solana
【Daily updates with the latest market analysis and precise entry points for longs and shorts, just for your reference. For light positions, it's a 0.5% allocation; at resistance or support levels, stagger your orders with only 1% per position. Use 100x leverage but don't exceed 2% of your total position to leave room for averaging down. For heavier positions, look for the last 1 or 2-hour swing highs or lows for stop-losses, either set a fixed stop-loss around 1500u for BTC and 30u for ETH, with an 80% discount on fees. Invite code: BNB789】