BTC
Brothers, good morning, upon waking up, the floating losses in my account have increased, I didn't think the weekend could rise so much, yesterday I told the brothers to wait for a correction, and it turned out that everyone got caught, it really is impossible to go against the trend. Currently, I have open hedge positions in large amounts, otherwise, this market wave would have taken me as well, it was my oversight not to have taken a Shock position, the increase was too fast, so I can only protect my position with the hedge. Although the position is still here, it will also take a long time to get out of the situation, I still have to advise the brothers to maintain a good stop-loss. Later I will share my thoughts on how to get out of the situation with the brothers, those who are trapped can take it as a reference.
Currently, BTC rose a bit to 105000 and started to fall, the strength of the increase is not very strong, first let's look at the four-hour support at 103500. As long as it does not break this level in four hours, the four-hour bullish trend will continue, attention can still be paid to the upper resistance at 105000.106500 near those two resistance levels, if it manages to reach close to 106500, one can start to attempt to open short positions for the medium-long term with 20 times leverage and 1% of the position. If in the four-hour close it falls below 103500, it will indicate that the increase wave of four hours has ended, the market will test the support at the bottom of 102300 again. Only by breaking this level will the correction be strong, the downward support targets are 101000.100000.98826.
The situation of BTC has really been crazy, 2550 resistance without a doubt, it broke directly, the highest increase since last November. First, I must mention that at this moment the monthly line of BTC has not yet risen, in short, the monthly line remains bearish, the upper resistance of the monthly line is 2700. The upper resistance of the weekly line is 2850. The market, upon reaching these two resistance levels, is also almost finished, close to 2800 I bought more in my Shock position of BTC, averaging the price. Everyone must ensure that the forced closing is above 3000 after completing their positions. For support at lower levels, let's look at the range 2488.2465, as long as it does not break this range, the market will continue to look at the upper resistance at 2606.2700. Only when the four-hour close falls below 2465 will this four-hour increase wave be considered finished, the correction will be strong. The downward support target is close to 2330, and if it breaks, look at 2270.2186.
SOL
SOL just reached the resistance at the monthly line of 180. Currently, this resistance remains valid, first let's look at the support at 173. Only when the four-hour close falls below 173 will this four-hour increase wave be considered finished, the downward support will be seen at 168.160.#BTC #ETH #SOL
