Evening Cryptocurrency Market Analysis and Strategy Tips

Good evening, brothers! Today, Bitcoin surged to 1058 and then quickly retreated, with a long upper shadow indicating significant selling pressure above. I have previously reminded everyone not to blindly chase after rising prices and to wait for a pullback opportunity. I hope everyone has controlled their impulsiveness. After all, excessive FOMO in the market is not a good thing. Looking back at previous large surges, it is often followed by a decline. We must remain rational.

Now let's take a look at the evening market analysis and key levels for each cryptocurrency:

1. Bitcoin (BTC): Focus on the 4-hour level at 104100.

◦ Hold support, continue the upward trend: If the 4-hour closing price stabilizes above 104100, the market is likely to continue rising, with resistance levels at 105000, 105860, and 107065.

◦ Break support, trigger a pullback: If the 4-hour closing price cannot hold above 104100, the 4-hour chart will continue to pull back, with support levels at 102350, 100950, and 99200.

2. Ethereum (ETH): The key level is at 2520 on the 4-hour chart.

◦ Stabilize the closing, restart the upward trend: If the 4-hour closing price stabilizes above 2520, the market will continue to rise, with resistance levels at 2575, 2632, and 2675.

◦ Unable to stabilize, continue the pullback: If the 4-hour closing price fails to hold above 2520, the 4-hour chart will continue to pull back, with support levels at 2472, 2435, and 2381.

3. SOL: The 2-4 hour level at 174.8 is a key watershed.

◦ Hold support, market goes up: If the 2-4 hour closing price stabilizes above 174.8, the market will continue to rise, with resistance levels at 180.2, 183, and 186.2.

◦ Break support, initiate a pullback: If the 2-4 hour closing price falls below 174.8, the 2-4 hour chart will initiate a pullback, with support levels at 171.3, 168.5, and 165.

The market is quite volatile, so everyone must closely monitor the breakout situation of key levels for each cryptocurrency, strictly set stop-loss and take-profit levels, and manage your positions well. In the face of FOMO sentiment, it is even more important to stay calm and make rational decisions. Wishing everyone successful trading!