Intraday Market Analysis:
Brothers, good afternoon! A few days ago, I paid attention to the consolidation range of Bitcoin; it will continue to rise only after breaking the top. The top has now been broken, looking up to 885. If it doesn't break around 885, it will still retrace a bit. This is the top of the previous daily consolidation range. Currently, the entire market is basically following Bitcoin's rhythm for a wave. The smaller levels are starting to consolidate at the top. If you don't have a long position, wait for a pullback to the support level before entering. Don't chase it; where can you find something that only goes up without going down? There needs to be a pullback!
📌 Bitcoin's recent rise has just reached near the third resistance level, and now the 15-minute level is preparing to pull back. Today, pay attention to the lower support levels around 866-858-851! If it continues to rise, watch for the upper resistance levels around 876-885-898!
📌 Ethereum is really too weak. It just broke through the first resistance level, and now the smaller levels are starting to pull back. Today, pay attention to the 1610 position. As long as it pulls back without breaking this position, it will still go up after a pullback. The upper resistance levels to watch are around 1645-1661-1690. If it pulls back and breaks below the 1610 position today, then this wave of 4-hour level rebound will end. The lower support levels to watch are around 1585-1565-1538!