Good afternoon, brothers. The price dropped at night to near the first support level and then rebounded again. Every time there is a surge, it falls back. Those who chased the high yesterday afternoon should patiently wait for a rebound in the next couple of days. If the rebound doesn't happen, it will be a disaster. Just set the stop loss at the previous low where the spike occurred at night!
Many people believe that interest rate cuts will lead to a rise, while others think it will fall. I lean towards the latter view, so if there is a rebound in the next couple of days, I will take a light short position near the resistance level. As mentioned in last night's live stream, as long as the position is controlled well, it is fine to go short now. Last night, it did indeed drop a bit, so managing the position is crucial. Avoid heavy positions!
Today, look at the white line position. If it cannot stand above the white line position, it indicates that the bulls lack strength, and we will wait for support levels below for long positions. If it can firmly stand above the white line position, it indicates that the rebound has strength, and we can wait for short positions at resistance levels!
Today's market analysis:
Pay attention to the position of 90520 for Bitcoin today. Only if it stands firmly above this position for 1-2 hours can the rebound begin, and pay attention to the resistance levels near 91310 (small resistance), 92280-94150-96000!
If today it cannot stand above 90520, it indicates that the small-level rebound lacks strength, and continue to look for support levels below at 89785 (small support)-88880-87700-86230!
Pay attention to the position of 3130 for Ethereum today. Only if it stands firmly above this position can this wave of 1-2 hours level correction be considered over, and the market will move upwards. Pay attention to the resistance levels near 3180-3226-3270!
If today it cannot stand above 3130 for 1-2 hours, it indicates that the small-level rebound lacks strength, and continue to look for support levels below at 3088-3030-2980!
Pay attention to the position of 898 for BNB today. Only if it stands firmly above this position for 1-2 hours can the rebound begin, and pay attention to the resistance levels near 905 (small resistance), 913-926-939!
If today it cannot stand above 898, it indicates that the small-level rebound lacks strength, and continue to look for support levels below at 888 (small support)-881-870-857!
Pay attention to the position of 134 for SOL today. Only if it stands firmly above this position for 1-2 hours can the rebound begin, and pay attention to the resistance levels near 136 (small resistance), 139-143-146!
If today it cannot stand above the position of 134, it indicates that the small-level rebound lacks strength, and continue to pay attention to the support levels near 131-128-126!
[Daily brings you the latest market analysis and precise pin point levels. Opening long or short positions is for your reference only. Manage your positions well. Transaction fees 20% off with invitation code: BNB789, invitation link: https://www.maxweb.red/join?ref=BNB789]
