Saturday Night Cryptocurrency Market Analysis and Strategy Guide
Hello, brothers! Good evening! The weekend is here, and the tense nerves of the week can finally relax a bit. Today's overall market volatility is limited; Bitcoin (BTC) and Ethereum (ETH) attempted to rise in the afternoon but failed to break through previous highs. It should be noted that there is still a risk of small-level pullbacks under previous high pressure, but the bullish momentum has not dissipated. Friends holding positions or margin trading must do a good job of stop-loss management to avoid risk expansion.
1. Bitcoin (BTC) Market Analysis
Key Support Level: 103200
• Hold Support, Continue to Rise: If the price does not fall below 103200 at night, the bulls are expected to continue testing the previous high of 104365; once broken, the upper resistance levels are 105395, 106400, and 107255.
• Break Support, Beware of Pullbacks: If the 1-2 hour closing price falls below 103200, pay attention to the bottom of the sideways range at 102350. If this position can hold, there is still a chance for a small-level rebound; if it fails, the market may enter a deep pullback, with lower support levels at 100950, 99200, and 97730.
2. Ethereum (ETH) Market Analysis
Key Support Level: 2382
Today, Ethereum fell into sideways trading after reaching the second resistance level, and the key for tonight's trend lies in the performance of the pullback support:
• Support Valid, Continue to Rise: If the price does not fall below 2382 during the pullback, the market is expected to resume upward movement, with upper resistance levels at 2450, 2490, and 2550.
• Break Support, Trigger Pullback: If it falls below 2382, the 1-2 hour level will initiate a pullback, with lower support levels at 2320, 2270, and 2203.
3. SOL Market Analysis
Key Watershed: 172
• Stabilize Support, Start Rebound: If the 1-2 hour price stabilizes above 172, the small-level pullback will end, and the market will turn upward, with upper resistance levels at 176, 180.4, and 186.8.
• Under Pressure, Continue Consolidation: If the 1-2 hour closing price cannot stay above 172, short-term upward movement will be blocked, and the price may continue to range sideways or pull back, with lower support levels at 168.5, 164.3, and 161.3.
Risk Warning
Weekend market liquidity is relatively low, and volatility may increase. It is recommended to closely monitor the breaking conditions of key levels for each cryptocurrency, set strict stop-losses, and avoid overnight holding risks. Wish everyone a pleasant weekend, rational investing, and steady profits!