Evening Cryptocurrency Market Update: Analysis and Trading Guide for Bitcoin, Ethereum, and SOL

Good evening, brothers! Today's rebound of Bitcoin (Big Cake) appears quite weak, with prices continuing to decline and about to reach the previous low formed during the early session's spike. This key point is crucial; if it cannot provide effective support, the downtrend may continue; on the other hand, if the previous low holds, there may still be a chance for a rebound in the short term. Currently, the market lacks any significant negative factors and is likely to maintain a slow and steady downward trend.

As early as the 3rd, I had repeatedly reminded about the risks through morning and evening market analyses, and I believe everyone is psychologically prepared for this decline. For details on the key support levels below, please refer to the analysis I published at noon.

Next, I will provide analysis and trading suggestions for each cryptocurrency during the night:

• Bitcoin: Focus on the key level of 94800 during the night. If the rebound cannot stabilize above this level, it indicates insufficient rebound momentum, and prices may continue to retrace. The important support level below is 93445; as long as it is not broken, a small-scale rebound is still worth looking forward to; once it breaks, subsequent support levels will be 92720, 91620, and 90455. If it can successfully stand above 94800, the market is expected to regain an upward trend, with resistance levels at 95666, 96450, and 97300.

• Ethereum: Ethereum's rebound during the night needs to closely watch the 1810 level. If the hourly close cannot stabilize above this position, it indicates a lack of rebound strength, and prices will continue to decline, with support levels at 1780, 1762, and 1730. Only when the hourly level stabilizes above 1810 can the rebound officially start, with resistance levels at 1830, 1848, and 1872.

• SOL: Focus on the key level of 145.5 for SOL during the night. If the hourly close fails to stabilize above this point, the rebound will be hard to sustain, with support levels to watch at 142.4, 140.2, and 138. Once the hourly level stabilizes at 145.5, the rebound will begin, with resistance levels at 147.4, 149, and 151.3.

The market is volatile and changes rapidly; I suggest everyone pay close attention to changes in key levels, set stop losses strictly, and manage positions reasonably. Wishing everyone successful trading!