Good evening, friends in the crypto circle! Bitcoin (BTC, commonly known as Big Cake) just tested the previous low point and then quickly rebounded. I mentioned at noon that as long as this position is not broken, there will still be a rebound in the small timeframe. Friends who have already gone long at this position can grasp the opportunity to choose to exit. If you're unsure about how to operate, consider reducing positions or taking profits at the top of the horizontal area above. For this rebound, the upper resistance level is first at the top of the horizontal area; if it cannot break through, the market is likely to retrace.
Night market analysis
$BTC (Bitcoin): Focus on the key price level of 94100 tonight. As long as it can stabilize above this price level in the 1 to 2 hour timeframe, there is a high possibility that the market will continue to rise. The upper target is first at the top of the horizontal area at 94880. If it cannot break through this resistance level, the small timeframe market will still experience a pullback; if it successfully breaks through 94880, then further attention can be paid to the resistance levels around 95665, 96448, and 97300.
- Conversely, if the 1 to 2 hour level falls below the position of 94100 at night, pay close attention to the position of 93445 (the bottom of the horizontal area) below. As long as it does not break down, there will still be rebound opportunities in the small timeframe; once it breaks down, the lower support levels will be around 92720, 91620, and 90455. #BTC trend analysis
$ETH (Ethereum): Ethereum has broken below the bottom of the horizontal area. During the night rebound, pay attention to the position of 1785. If the hourly level fails to close above this position, it indicates insufficient rebound strength, and the market may continue to decline. The lower support levels to watch are around 1756, 1730, and 1695.
- Only when the hourly level can stabilize above 1785 at night does it mean that the hourly level begins to rebound; at this time, pay attention to the upper resistance levels around 1808, 1830, and 1848. #ETH trend analysis
$BNB (Binance Coin): BNB just experienced a pullback and is now testing the top of the horizontal area again. If it cannot successfully break through this top, the small timeframe market will still experience a pullback. During the pullback, pay attention to the position of 594; as long as it does not break down, there is still a possibility for the market to continue rising. The upper resistance levels to watch are around 600, 605.5, and 610.
- If the night pullback falls below the position of 594, then the small timeframe market will begin to correct; the lower support levels to watch are around 588, 583, and 576.3. #BNB trend
$SOL (Solana): SOL has already broken below the bottom of the horizontal area. During the night rebound, pay attention to the position of 144.8; if the hourly level fails to close above this position, it indicates insufficient rebound strength, and the market may continue to decline. The lower support levels to watch are around 142.1, 140.2, and 138.
- Only when the hourly level stabilizes above 144.8 at night does it signify that the hourly level begins to rebound; at this time, pay attention to the upper resistance levels around 147, 149, and 151.3. #solana
[Bringing you the latest market analysis and precise pinpoints daily, the above content is for reference only; investment decisions should still be made cautiously!]