Today is Wednesday, good evening everyone!
Market Analysis:
$BTC Bitcoin is in the late stage of high-level consolidation and could break out at any time. The bulls currently show no signs of weakness, and there will be no significant pullbacks in the short term. The bullish view remains unchanged.
Support at 94,000-92,800-92,000
Resistance at 96,000
At 10 PM, there will be PCE data, which will likely cause significant market fluctuations. Be sure to defend, especially against short positions. If the data is favorable, a strong breakout above 96,000 is likely, and the market may experience a sharp rise.
$ETH The trend is similar to Bitcoin, rapidly rising followed by high-level consolidation. There is a high probability of a sharp rise in the future, with a bullish target of 1920; be cautious when shorting.
Support at 1790-1750
Resistance at 1840
$BNB Narrow fluctuations at high levels; the bulls do not have absolute strength, and there is a risk of significant pullbacks at any moment. When going long, prioritize Bitcoin and Ethereum.
Support at 595-577
Resistance at 609-617
Lastly, a mention of the alpaca ALPACA.
Ten times in one day, the brightest star in the past twenty-four hours.
The volatility is extreme, with very high risks. It is not advisable to engage with this type of speculative coin.
The fluctuations are too large; one misstep could lead to significant losses, even halving your account.
Before pursuing profits, first consider the risks. If you can't resist participating, make sure it's with a very small position.
Personal opinion, for reference only.
