Today's Market Analysis
$BTC Last night, the US stock market opened with Bitcoin slightly rising before consolidating at a high position. As everyone knows, prolonged consolidation often leads to a decline, so it is believed that most people have taken short positions. Bitcoin has a strong support level around 106,000, and after dipping to this support level, it rebounded. Anyone who has seen the Tianyan post should have taken profits near the support level.
Yesterday's Trump dinner did not cause much fluctuation. Today, pay attention to 110,300; as long as it does not drop below this level on a pullback, it indicates that the bulls are quite strong. The upper resistance is at 112,500, and a breakthrough could lead to new highs!
$ETH Ethereum did not show a one-sided trend yesterday either. After a slight rise to the resistance level following the US stock market opening, it began to drop to the support level of 2,450 before rebounding. Looking at the 1-hour chart, the bulls are quite strong now, mainly looking to see if it can break the previous high. As long as it can break the previous high and the pullback does not drop below 2,680, it will continue to rise with a target towards 2,800!
$COOKIE Yesterday, it was also suggested that everyone could buy on the pullback. Currently, this coin is still on the rise list, indicating that the AI sector is quietly rising. As long as the altcoin leader does not drop, this coin will continue to rise! Tianyan has already guided fans to set up positions during yesterday's pullback. It is advised that those who entered this coin at lower levels can appropriately reduce their holdings, as a significant drop is expected over the weekend!
Intraday focus: LISTA WLD KERNEL
