Good afternoon, brothers. Bitcoin is a bit weak. After breaking below the bottom of the consolidation area yesterday, it has now formed a 4-hour level consolidation. Today, focus on the bottom of this consolidation area at 958. If the 4-hour level does not break below, it will still go up; if it breaks, it will continue to go down. Still, the same saying: when there is a consolidation area, first pay attention to the top and bottom of the consolidation area. If it can’t break, it will continue to oscillate within the consolidation area!

When Bitcoin is falling, do not chase short positions; I personally suggest waiting for long positions at the support levels below. The major support levels are at 941-928-916; the profit space will be slightly larger at these levels, but whether it will drop to these levels is uncertain; this depends on the market's selling pressure. After all, there are still minor support levels above!

Today's market analysis:

$BTC Today, Bitcoin pay attention to the level at 96460 (the top of the consolidation area); only if the 4-hour level stabilizes above this level will this wave of 4-hour level pullback be considered over, and the market will continue to rise. Pay attention to the resistance levels around 97300-97865-98495!

If the 4-hour level cannot stay above 96460 today, it means the market will continue to adjust. First, look at the bottom of the consolidation area at 958; if it breaks down, then look at the levels around 95000-94110-92848!

$ETH Ethereum rebounded last night after breaking the first support level, today pay attention to the level at 1835. Only if the 4-hour level stabilizes above this level will this pullback be considered over, and the market will continue to rise. Pay attention to the resistance levels around 1854-1872-1903!

If the 4-hour level cannot stay above 1835 today, it means it still can't go up, and will continue to consolidate at the bottom. If it goes down, pay attention to the support levels around 1815-1792-1762!

$BNB BNB today pay attention to the level at 598.4. As long as the 4-hour level stabilizes above this level, the market will continue to rise. Pay attention to the resistance levels around 601.4-605.5-610!

If the 4-hour level breaks below 598.4 today, it indicates that this wave of small-level rise lacks strength. If it goes down, pay attention to the support levels around 595.2-591.3-587.2!

SOL fell below the first support level at night, and the rebound lacked strength before falling again. Today pay attention to the level at 147.5; only if the 4-hour level stabilizes above this level will the 4-hour level begin to rebound. Pay attention to the resistance levels around 149-151.3-153.9!

If the 4-hour level cannot stay above 147.5 today, it indicates that the small-level rebound lacks strength. If it continues to drop, pay attention to the support levels around 145-143-140.2!

[Daily updates bring you the latest market analysis and accurate pin points, for your reference only]