$BTC $ETH $SOL

Market Analysis

107 here is definitely not the top, but it is also impossible to reach 110,000 today.

First, a review: In yesterday's chart analysis, it was mentioned that breaking the low of 1028 would initiate a wave b rebound targeting the 1048-106 range, and today it reached 1068. The reasons for anticipating this rebound are twofold: 1. Insufficient volume at the top; 2. There has been a unilateral move for over 5 minutes, with no double touches.

So what to look for today:

From a level perspective: On a larger scale, the 5-7 day line can only break the previous high and diverge. The daily MACD has shown an ineffective divergence, with reduced momentum and price-volume divergence. The 12-hour has not had a golden cross, indicating a downward continuation, and the 8-hour may also exhibit this situation. The moving averages below 4 hours, especially below 1 hour, have begun to twist, creating conditions for a small level to trigger a correction at a larger level.

From a cyclical perspective: One aspect is that the end of each month extends into the first week of the next month, typically around the 1st to the 7th, which often represents a low point. Therefore, the current possibility of high-level consolidation has increased, with a key focus on Trump's dinner on the 22nd, which could lead to an upward push. There is a high probability that what Brother Sun mentioned about a big movement next week refers to this—either a significant rise or a significant fall. Typically, when Trump appears, there tends to be a large fluctuation, with daily movements of $10,000 being quite significant, right? At the end of the month, there is also a Bitcoin conference, which could stimulate a wave and beautifully conclude this upward move.

From a pattern perspective: The daily chart has completed a 5-wave 3-part upward move, which requires a downward adjustment (service area adjustment). How can one run long-distance without resting? Each wave on the 1-hour chart is about 15 points, with a 4-day pullback before another wave; currently, this 4-day pullback has not occurred yet. So I still expect a correction.

Ethereum: The top is still around 2800, which is not too far off, and the next level is an 8-hour divergence! The pressure at 28 is indeed significant! The moving averages above the daily chart have not caught up yet, needing some consolidation time to backtest while still looking at 2100! Looking up at 2800.

Sol: Has not firmly established above 180; as mentioned yesterday, if it moved between 160-180 last year, then breaking here this year is challenging without a decent pullback. It’s still a bit difficult to push towards 200.

Action: Bitcoin is still expected to hover around 102-1006. This 5-point consolidation is normal, mirroring Bitcoin's trajectory, capturing two other assets (ETH-SOL) with the same strategy.