Good afternoon, brothers. Bitcoin hit a new high yesterday with a wave of rise, and the whole cryptocurrency circle was boiling. But generally speaking, few people made money from this wave of new highs. I sold 4/3 of the spot for more than 90,000 during the last wave of rise. Although I sold them all and did not buy them back, it is absolutely impossible for you to regret it. There is still 4/1 of the spot. Secondly, everyone made the best decision at the moment. Only by selling can you hold on to the later ones. This way, there is no psychological pressure and burden. After all, it is difficult to buy Bitcoin with an average price of 4.4. Just take it as a commemoration!
Back to the market: I said last night that the fourth wave of bitcoin daily rise has ended, and it will start to trade sideways at the top next. When I talked about it last night, it was still trading sideways at the 1-hour level, and it is currently trading sideways at the top of the 4-hour level. If it trades sideways for a few more days, the sideways zone at the daily level will gradually emerge. If there is a sideways zone, just pay attention to the top and bottom of the sideways zone!
It is worth noting that Bitcoin has hit a new high yesterday. We must pay attention to the risk of a pullback. After each wave of historical highs, there have been some large-scale pullbacks. Before Bitcoin has a pullback, as long as this sideways zone remains sideways, other altcoins will basically follow or make up for the rise. Brothers who like to play altcoins should not have a pattern. In case Bitcoin falls below the sideways zone and falls back deeply, the altcoins will be washed away by the waterfall again!
Today's market analysis:
$BTC Bitcoin is currently trading sideways at the 4-hour level. Pay attention to the bottom of the sideways zone at 110300. As long as it does not fall below this position, the small level will still rebound. Then look at the previous high of 111866. If it breaks through, it will continue to rise. If it fails to break through the small level, it will still fall back!
If the price falls below the bottom of the sideways trading zone at 110300 today, the 4-hour level will start to pull back, and the support level below will be around 109155-107670-106100! #BTC走势分析
$ETH Ethereum broke through the second pressure level at night and then came down. Pay attention to the position of 2670 today. As long as it does not fall below this position today, the market will continue to rise. Pay attention to the upper pressure levels near 2733-2768-2793!
If the price falls below 2670 today, the 1-hour level will start to pull back, and the support level below will be around 2630-2601-2570! #ETH走势分析
$BNB BNB has just risen to the first pressure level. Pay attention to the position of 684 today. As long as it does not fall below this position after today's retracement, the market will continue to rise. Pay attention to the upper pressure levels near 691-696-701!
If the price falls below 684 today, the 1-hour level will start to pull back, and the support level below will be around 679-673-667! #BNB走势
SOL has just risen to the second pressure level. Pay attention to the position of 180 today. As long as it does not fall below this position after today's retracement, the market will continue to rise. Pay attention to the upper pressure levels near 185-189-193!
If the price falls below 180 today, the 1-hour level will start to pull back, and the support level below should be around 177-175-172! #solana
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