Midnight Bitcoin, Ethereum, SOL Trend Analysis

The evening thoughts have been given in advance, Ethereum is strong, reaching the target level first...

Good evening, friends! The market has finally started to decline, which is not only good news for the bears but also the long-awaited situation for those in cash positions. It is important to note that the small-level pullback wave of Ethereum and SOL today shows a trend of oscillating downwards, with both the top and bottom of the small-level wave continuously decreasing.

Midnight Trend Analysis

Bitcoin

During the night, pay attention to the key position of 103900. Only if the 1-2 hour closing can stabilize above 103900 will the upward momentum be relatively strong. When continuing to rise, the pressure levels above can focus on the positions near 104870, 105860, and 107065.

On the contrary, if the night’s 1-2 hour closing fails to stand above 103900, it indicates insufficient rebound strength, and the market may continue to decline. At this time, pay attention to the previous low of 102770. If it does not break below 102770, the market is expected to rebound; if it breaks below this position, the market may continue to adjust. The support levels below can focus on the positions near 101680, 100700, and 99135.

Ethereum

During the night, pay attention to the position of 2565. Only if the 4-hour closing stabilizes above 2565, even if a small-level pullback occurs, the market is still expected to rise. When continuing to rise, the pressure levels above can focus on the positions near 2643, 2690, and 2737.

If the night’s 4-hour level breaks below 2565, then the 4-hour level will initiate a pullback. The support levels below can focus on the positions near 2500, 2423, and 2361.

SOL

During the night, pay attention to the position of 176.9. Only if the 4-hour closing stabilizes above 176.9, the market is still expected to rise after a small-level pullback. When continuing to rise, the pressure levels above can focus on the positions near 181.1, 184.8, and 189.6.

If the night’s 4-hour level breaks below 176.9, the 4-hour level will start to adjust. The support levels below can focus on the positions near 171.2, 166.1, and 161.1. $BTC $ETH