Oh dear, how did the imitation coins drop so much, some have dropped seven or eight points. What's going on? Oh, it turns out the big coin dropped more than 1 point. A few days ago, I told everyone not to chase the rise. For those who held back, this drop has nothing to do with you. I am a bull trader, and I don't engage in things where the risk outweighs the profit; I'd rather watch from the sidelines.
The big coin has risen 13 points at the daily level this time, and has only fallen a little over 4 points from the top. How can the market maker always push it up? Didn't we talk about what the bears would do after they exploded a few days ago? Do you remember!
In this round of decline, we will see if the previous low of 1007 can hold. If it doesn't break, it will still rebound, including Ethereum which is similar, with the previous low around 2415. This previous low is the bottom of a wide fluctuation at the daily level. It will only deeply retrace if it breaks, so this position is quite important, keep an eye on it!
Night market analysis:
$BTC The big coin just spiked down to the second support level given during the day and has started to rebound. Pay attention to the position of 102700 at night. Only if it stands firmly above this position will the 1-2 hour level start to rebound. Pay attention to the resistance levels around 103850-104870-105860!
If the night rebound cannot stand above 102700, it indicates that the rebound lacks strength. Continue to look for a pullback, first check the previous low of 101460 before the spike. If it does not break this small level, it will still rebound. If it breaks, pay attention to the support levels around 100675-99400-98000!
$ETH Ethereum just spiked past the second support level given during the day and has started to rebound. Pay attention to the position of 2565 at night. Only if it stands firmly above this position will the 1-2 hour level start to rebound. Pay attention to the resistance levels around 2597-2635-2677!
If the night rebound cannot stand above 2565, it indicates that the rebound lacks strength. Continue to look for a pullback, first check the previous low of 2475 before the spike. If it does not break this small level, it will still rebound. If it breaks, pay attention to the support levels around 2415-2361-2315!
$BNB BNB is still quite strong today and hasn't dropped much. Pay attention to the position of 649.8 at night. Only if it stands firmly above this position will the 1-2 hour level start to rebound. Pay attention to the resistance levels around 655.5-664.5-671.8!
If the night rebound cannot stand above 649.5, it indicates that the rebound lacks strength. Continue to look for a pullback, pay attention to the support levels around 642.5-631.3-622.7!
SOL just spiked down to the second support level given during the day and has started to rebound. Pay attention to the position of 172.7 at night. Only if it stands firmly above this position will the 1-2 hour level start to rebound. Pay attention to the resistance levels around 175.2-178.3-181.8!
If the night rebound cannot stand above 172.7, it indicates that the rebound lacks strength. Continue to look for a pullback, first check the previous low of 166.8 before the spike. If it does not break this small level, it will still rebound. If it breaks, pay attention to the support levels around 164.3-161.1-158.5!
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