Good afternoon, brothers. The market has surged again after waking up. This wave of ascension has basically ended the shorts below 85. What should the shorts do after being liquidated? You should be smart enough to guess. Those who went short have been facing a surge for the past few days, and now everyone is too afraid to short and is switching to long. It's time to be cautious; after such a rise, chasing now would just make you a retail investor. At the very least, wait for a small-level pullback.
I have already exited my long position in Bitcoin, saying goodbye to the upcoming market. Now I only have Bitcoin's spot and BNB. If Bitcoin reaches the previous high, I will sell half (including BNB), and the rest will remain untouched. For this round of the bull market, I will just quietly wait for the arrival of the bear market!
There's not much to say about this market condition. I just feel sorry for the brothers who went short; the direction is wrong and they're still holding on. With tariffs, there was a sharp drop, and reconciliation led to a surge. Plus, with expectations of interest rate cuts, various positive factors are coming in succession. Therefore, I've been advising everyone to focus on buying on dips recently. Riding the trend is how to make big money; circumstances create heroes!
Today's market analysis:
$BTC For Bitcoin, pay attention to the position 102450 today. As long as it remains above this position on the 1-hour level, the bullish trend is still in place. The first target to look at above is the previous high of 104280. If it breaks, pay attention to the resistance levels around 105400-106400-107255!
If the 1-hour closing price falls below 102450 today, then the 1-hour level will start to retrace. Pay attention to the support levels around 100950-99200-97730!
$ETH After the Ethereum upgrade was completed yesterday, it started to surge strongly, creating the largest single-day increase in recent years. Today, pay attention to the position 2190. As long as it remains above this position on the 1-hour level, the bullish trend is still in place. The first target to look at above is the previous high of 2245. If it breaks, pay attention to the resistance levels around 2280-2317-2351!
If the 1-hour closing price falls below 2190 today, then the 1-hour level will start to retrace. Pay attention to the support levels around 2156-2112-2073!
$BNB BNB, pay attention to the position 624 today. As long as it remains above this position on the 1-hour level, the bullish trend is still in place. The first target to look at above is the previous high of 629.8. If it breaks, pay attention to the resistance levels around 636.6-644.6-651!
If the 1-hour closing price falls below 624 today, then the 1-hour level will start to retrace. Pay attention to the support levels around 619.7-614.7-609.3!
For SOL, pay attention to the position 161.8 today. As long as it remains above this position on the 1-hour level, the bullish trend is still in place. The first target to look at above is the previous high of 164.5. If it breaks, pay attention to the resistance levels around 166.9-170.5-174.4!
If the 1-hour closing price falls below 161.8 today, then the 1-hour level will start to retrace. Pay attention to the support levels around 158.7-154.4-150.8!
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