$BTC
The pancake, after completing the downward test again, starts a small-scale violent rebound.
The hourly level is establishing a new bullish framework, as the market seems to return to the rhythm of [bull return].
The bullish strength during the day has not been sustained, shifting to a narrow range oscillation. The current position is at the upper edge of a large-scale wide range oscillation, suitable for reducing bullish positions in hand. Be cautious about aggressively chasing more.
As it is near the upper edge of a wide-ranging consolidation structure, there is selling pressure in the potential selling area. Small-level pullbacks can attempt to catch a segment of bullish rebound, aiming for a continuation of the bullish rebound.
During the evening U.S. stock market session, pay attention to small-level pullback positions, especially the price performance around 8w8.
Upper resistance: 94000/95750/97190
Lower support: 91800/90500/88800
$eth
Volume rebound, completely recovering Monday's decline. The small-level rebound has not yet ended, starting to slowly oscillate upwards, chasing longs requires being quick and taking profits frequently.
The larger level has also reached the upper boundary of a wide range consolidation, be cautious in chasing longs.
Small-level pullbacks focus on the retest around 2980/2880. After stabilizing, look for the continuation of the bullish rebound.
Upper resistance:3092/3138/3200
Lower support:2980/2902/2840
$sol
Exited the bottom consolidation structure ahead of time, and formed a standard head and shoulders reversal structure at the lower edge.
Follow the market for upward breakout with increased volume. Also reached the upper edge of the wide oscillation range at the daily level.
Some bulls have started to reduce their positions, also cautiously avoiding chasing longs.
Upper resistance:144.3/147.2/149.6/153.2
Lower support:135.3/133/128
#btc#eth #sol
