Good evening, brothers. The upward movement of Bitcoin has ended for now. In the afternoon, the 4-hour level top has been sideways (during this typing, it has already broken the bottom of the sideways area). Let's see if it can close above the bottom of the sideways area (926) at 12 o'clock. If it closes above, there will still be a small-level rebound; if it cannot, there will be a deep pullback. For the market to go up, it also needs to break today's high; if it cannot break the high, it will still come down. Brothers, pay attention to this range. I mentioned not to chase during lunch; there shouldn't be anyone chasing long positions, right?
During the day, the market analysis mentioned Bitcoin looking at 949, and it touched that level in the afternoon. This position is the second major resistance level for a large rebound. The first major resistance level 885 has already been broken. Currently, the second major resistance level 949 has not been broken; if it cannot go up, it will either consolidate or drop. I hope everyone understands what I mean.
This week has risen so much; at night, I continue to look for pullbacks at the small level, which will drive the large level's top sideways, and then gradually move towards the next direction. Brothers looking to go long can wait at the support levels below!
Night market analysis:
$BTC At night, pay attention to this position 93065 for Bitcoin. If the 1-2 hour level cannot close above this position during the night, then the 1-2 hour level will continue to pull back. Pay attention to the previous low of 92000 first. If it breaks below, then look at 91000-89720-88300! (If it breaks below 91000, the 4-hour level will start to pull back)
For the market to go up, the 1-2 hour level must close above 93065. Only if it closes above this position can this small level pullback be considered over, continuing to rise with resistance levels near 94100-94900-96230!
$ETH Pay attention to this position 1770 for Ethereum at night. If the 1-2 hour level cannot close above this position during the night, then the 1-2 hour level will continue to pull back. Pay attention to support levels near 1742-1714-1690-1666! (If it breaks below 1714, the 4-hour level will start to pull back)
For the market to go up, the 1-2 hour level must close above 1770. Only if it closes above this position can this small-level pullback be considered over, continuing to rise with resistance levels near 1805-1837-1866!
$BNB BNB will prioritize pullbacks today. Pay attention to this position 608 at night. If the 4-hour level cannot close above this position during the night, then the 4-hour level will start to pull back. Pay attention to support levels near 600-594.4-587.2!
For the market to go up, the 4-hour level must close above 608. Only if it closes above this position can this pullback be considered over, continuing to rise with resistance levels near 614-620-626.6!
Pay attention to this position 151.3 for SOL at night. If the 1-hour level cannot close above this position during the night, then the 1-hour level will continue to pull back. Pay attention to support levels near 149-146.5-143.4! (If it breaks below 149, the 2-hour level will start to pull back)
For the market to go up, the 1-hour level must close above 151.3. Only if it closes above this position can this small-level pullback be considered over, continuing to rise with resistance levels near 154-156.5-159.4!
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