Good evening, everyone. Bitcoin made a small rebound during the day and then a larger one at night. The strength of this rebound is quite good. We will look at the top of the daily consolidation zone above. If it cannot break through, it will still pull back.
Bitcoin made a rebound at the bottom area of the daily level consolidation zone today. As long as Bitcoin pulls back to the bottom of the consolidation zone without any major negative news, it can be traded long around this bottom area.
Night market analysis:
$BTC Pay attention to the position of 103875 for Bitcoin at night. As long as the 2-4 hour closing line stabilizes above this position, the correction wave will end, and the market will start to rise again. Pay attention to the resistance levels above, around 105860-107100-108330!
If the 2-4 hour closing line at night does not stand above the position of 103875, it indicates that the market is still unable to rise for the time being. The earlier movement was just a strong rebound at a small level. Continue to pay attention to the support levels below, around 102745-101710-100670!
$ETH For Ethereum, pay attention to the position of 2462 at night. Only if the 4-hour closing line stabilizes above this position can the 4-hour level start to rebound. Pay attention to the resistance levels above, around 2495-2534-2582!
If the 4-hour closing line does not stand above the position of 2462, it indicates that the market is still unable to rise for the time being. The earlier movement was just a strong rebound at a small level. Continue to pay attention to the support levels below, around 2390-2350-2315!
$BNB For BNB, pay attention to the position of 643.5 at night. As long as the 2-4 hour closing line stabilizes above this position, the correction wave will end, and the market will start to rise again. Pay attention to the resistance levels above, around 649.9-654.7-660.4!
If the 2-4 hour closing line at night does not stand above the position of 643.5, it indicates that the market is still unable to rise for the time being. The earlier movement was just a strong rebound at a small level. Continue to pay attention to the support levels below, around 638.1-633.1-627.5!
For SOL, pay attention to the position of 161.9 at night. Only if the 1-hour closing line stabilizes above this position can the 1-hour level start to rebound. Pay attention to the resistance levels above, around 164.8-168.8-174!
If the 1-hour closing line does not stand above the position of 161.9, it indicates that the market is still unable to rise for the time being. Continue to pay attention to the support levels below, around 159.5-155.8-150.8!
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