What a coincidence, the market dropped to the support level we mentioned in our evening analysis and started to rebound. We indicated the position between 102400-102500 for Bitcoin, and the position between 165 for SOL. This morning, both were rebounding near these two positions.
Currently, $BTC if it drops further, the support levels will be 101600 and 100800. We need to pay attention to the direction choice of this triangle today. If it doesn't break 101600, it can still rebound up to around 104300, with the resistance levels seen at 105400 and 107200.
$SOL Today it has also bounced back from the support level of 165 that we provided last night after dropping to a low of 163.9. It's a pity it didn't drop a bit more, otherwise, most of us would have jumped in around 163. Now we have a profit of 4-5 points. The next support level below here is 159, and the resistance above is still at 172 and 177.8. We can only see further increases if we stabilize above 172.
It's the weekend today, and the market hasn't changed much. It's time to rest!#稳定币日常支付 #美国加密立法 #代币发射平台竞争加剧
