Good noon, babies! The market rebounded last night. This rebound was decent, and basically, the first resistance level has been reached. If the market drops to the support level and does not dare to go long, what can we do? We can only watch. You dare to chase long when it goes up, but you get scared when it goes down. Last night, I stopped the babies who wanted to chase shorts during the live broadcast and mentioned that the increase in U was a positive signal, which helped them avoid a loss in this rebound!
From the market's perspective, this round of decline has not broken the previous low of 1007. If it does not break the previous low, it indicates that it cannot drop further. I won't elaborate too much on what will happen next. When rebounding, we look at the previous highs of the last wave. Only by continuously breaking through the previous highs can the market continue to rise. If the previous highs cannot be broken, do not fantasize about where it will go; refuse to daydream and live in the present!
It's Friday today. Let's see if anything happens tonight. If nothing happens tonight, then basically the weekend will start to consolidate. Today, the big coin has major resistance levels at 1048 and the previous high of 1058. It's hard to say whether it can break the previous high; it depends on the market's mood!
Today's market analysis:
$BTC Last night, the market still gave face to the big coin. After rising to the first resistance level, it pulled back to the white line. Not breaking the white line indicates that the upward trend has not changed, and it rushed to the first resistance level again. Today, pay attention to the position of 103170. As long as the 4-hour level does not break this position, a small-level pullback will still go up. The upper resistance levels to note are around 104870-105860-107065!
If the 4-hour level breaks the position of 103170 today, then this round of rising will end, and we will continue to pull back. Pay attention to the support levels around 102340-101460-100670!
$ETH Ethereum accurately reached the first resistance level at night and then started to come down. After hitting the support level around 2520, it went up again. Today, pay attention to the position of 2550. As long as the 1-2 hour level does not break this position, it will still go up after a pullback. The upper resistance levels to note are around 2597-2635-2677!
If the 1-2 hour level breaks the position of 2550 today, then this round of rising will end, and we will continue to pull back. Pay attention to the support levels around 2515-2475-2415!
$BNB After BNB broke through the first resistance level at night and pulled back without breaking the white line, it went up again. Today, pay attention to the position of 653. As long as the 4-hour level does not break this position, it will still go up after a pullback. The upper resistance levels to note are around 661.6-671.8-681.5!
If the 4-hour level breaks the position of 653 today, then this round of rising will end, and we will continue to pull back. Pay attention to the support levels around 644.4-637.8-631.3!
SOL rebounded a bit last night but lacked strength and once again fell to the first support level before starting to rebound. However, the rebound strength is somewhat weak. Today, pay attention to the position of 170.9. As long as the 1-2 hour level does not break this position, it will still go up after a pullback. The upper resistance levels to note are around 173.6-178.3-181.7!
If the 4-hour level breaks the position of 170.9 today, then this round of 1-2 hour level rebound will end, and we will continue to decline. Pay attention to the support levels around 168.9-166.5-164.3!
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