Good afternoon, brothers. Last night there was a strong breakout from the consolidation zone, leading to a surge in the market. Aside from Ethereum, which lacked momentum, other coins have recovered half of the decline from the night before last, especially Bitcoin, which almost surged back up. The short positions from the night before last have mostly hit their trailing stop losses during this rise. Although the trailing stop losses resulted in profits, it's a pity that the profits have retraced. Let's wait to enter again near the previous high!
Last night there was a surge, and if you don't have long positions, wait for a pullback to enter; don't chase it. Today, you can pay attention to the white line position I provided. As long as it doesn't break at the 1-2 hour level, the bullish trend remains intact, and it will continue to push higher. You can look for short positions near the previous high of the last 4-hour wave. The best positions for entering long on Bitcoin today are at 90-88; other positions can only be short-term longs!
Today's market analysis:
Bitcoin pay attention to 91400 today; as long as the 4-hour level does not break below this level, the bullish trend remains, continue to rise, and pay attention to the resistance levels around 93060-94550-96450!
If the 4-hour level breaks below 91400 today, then this wave of upward movement will end and a deep pullback will occur, pay attention to the support levels around 90500-89200-87700!
Ethereum pay attention to 3215 today; as long as the 1-2 hour level does not break below this level, the 1-2 hour level remains a rebound trend, continue upward, and pay attention to the resistance levels around 3265-3320-3360!
If the 1-2 hour level breaks below 3215 today, then this wave of 1-2 hour rebound will end, and pay attention to the support levels around 3175-3115-3068!
BNB pay attention to 881 today; as long as the 4-hour level does not break below this level, the bullish trend remains, continue to rise, and pay attention to the resistance levels around 894-905-915!
If the 4-hour level breaks below 881 today, then this wave of upward movement will end and a deep pullback will occur, pay attention to the support levels around 872-860-845!
SOL pay attention to 134 today; as long as the 4-hour level does not break below this level, the bullish trend remains, continue to rise, and pay attention to the resistance levels around 137-141-144!
If the 4-hour level breaks below 134 today, then this wave of upward movement will end and a deep pullback will occur, pay attention to the support levels around 131-129-126!
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