Good evening, brothers. After a wave of rise in Bitcoin today, the 4-hour level has started to consolidate at the top. Just now, it inserted up to the top of the consolidation zone again. I randomly checked the altcoins that everyone often watches during live broadcasts; currently, 80% of the coins are not performing as well as Bitcoin's gains. Bitcoin is rising in small steps, while those altcoins are still in a daily level consolidation zone without breaking through and some are even declining. What to do about this!
Next, for Bitcoin, we will see if it can close above the consolidation zone at 12 o'clock. If it closes above, that indicates there is still intention to go up, and the target will be 985-994. If it cannot close above, then it will continue to consolidate in the small-level wide fluctuations within the consolidation zone!
I personally placed a short order for Bitcoin at 995. This position is very critical; as I mentioned before, if the daily level stabilizes above 995, then this bear market will end and the bull will return. If it cannot stand above 995, then this wave is just a strong rebound. So, the position of 995 is very critical; if you enter a short position around this area, you can definitely profit, but how much is uncertain. Just keep an eye on it yourself, and the brothers placing orders together should manage their positions well; I am using a light position!
Night market analysis:
$BTC Pay attention to the position of 96300 for Bitcoin during the night (the bottom of the 4-hour level consolidation zone). As long as it retraces without breaking this position, then a small-level retracement will still go up. The upper side first looks at the top of the consolidation zone at 97390. If it breaks the upper resistance level, pay attention to the positions around 98500-99400-100370!
If the retracement during the night breaks below 96300, then the 4-hour level will start to adjust. The support levels below are around 95300-94110-92845!#BTC走势分析
$ETH Pay attention to the position of 1830 for Ethereum during the night. As long as it retraces without breaking this position, then the market will continue to rise. The upper pressure levels to watch are around 1872-1903-1928!
If the retracement during the night breaks below 1830, then the 4-hour level will start to adjust. The support levels below are around 1800-1762-1730!#ETH走势分析
$BNB Pay attention to the position of 600 for BNB during the night. Only if the 4-hour level stabilizes above this position, then the 4-hour level will start to rebound. The upper pressure levels to watch are around 604.3-610-614!
If the 4-hour level cannot stabilize above 600 during the night, then the market will still not go up and will continue to consolidate within the wide fluctuations of the consolidation zone. The support levels below are around 595.2-591.3-587.2!#BNB走势
Pay attention to the position of 150 for SOL during the night. Only if the 4-hour level stabilizes at this position will the market continue to rise. The upper pressure levels to watch are around 153.4-157.2-159.4!
If the 4-hour level breaks below 150 during the night, then the 4-hour level will start to adjust. The support levels below are around 147.4-144.8-141.2!#solana
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