Good afternoon, brothers. After a dip last night, we started to consolidate at the bottom again. The good news is that this time the dip did not break the previous low from the day before, which indicates that the downward momentum is starting to weaken. The longer we consolidate at the bottom, the greater the probability of an upward move. The key factor for going up is whether we can break through the previous peak of the last wave: Bitcoin's peak at 905 and Ethereum's peak at 3065. As long as we can break through and then retest without breaking last night's previous low, the upward oscillation wave will be very clear!
Last night, the position given for Ethereum hit the first support level and then started to rebound to the white line position. Today, several coins are focused on the white line position; only if we firmly stay above the white line can we continue to push up. For pushing up, we look at the previous high of the last 4-hour wave. If we break below the white line, it indicates that the bulls are still weak, and we should wait for a lower low to enter long positions.
Today is Friday, be careful of a big market movement tonight. Whether it goes up or down is not for guessing. Just keep your positions light, whether long or short, and if you fear big fluctuations, set your positions further away or keep your positions lighter!
Today's market analysis:
Today, pay attention to the position of 89350 for Bitcoin. As long as it does not break this position on a pullback, the 1-2 hour level will continue to rebound, and the upward pressure levels to watch are around 90400-91600-93300!
If today the 1-2 hour level breaks below 89350, then this small-level rebound will fail, and pay attention to the support levels around 88470-87200-85320!#BTC走势分析
Today, pay attention to the position of 2970 for Ethereum. Only if it stabilizes above this position for 1-2 hours can it start to rebound, and the upward pressure levels to watch are around 3025-3065-3110!
If today the 1-2 hour level cannot stand above 2970, it indicates that the small-level rebound has no strength. Pay attention to the support levels around 2910-2863-2810!#ETH走势分析
Today, pay attention to the position of 883 for BNB. As long as it does not break this position on a pullback, the 4-hour level will continue to rebound, and the upward pressure levels to watch are around 897-908-920!
If today the 4-hour level breaks below 883, then this wave of 4-hour level rebound will fail, and pay attention to the support levels around 865-856-847!#BNB走势
Today, pay attention to the position of 129 for SOL. Only if it stabilizes above this position for 1-2 hours can it start to rebound, and the upward pressure levels to watch are around 132-135-137!
If today the 1-2 hour level cannot stand above 129, it indicates that the small-level rebound has no strength. Pay attention to the support levels around 125-122-120!#solana
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