Today's Market Observation (Bitcoin)
Current price stabilizes at the 110,000 mark, short-term trend remains healthy.
Pay attention to changes in technical signals on the daily level, weekly trend remains good.
Focus on the fundamentals related to the Federal Reserve's interest rate cuts.
Trading advice: Consider reducing positions appropriately during the day (not liquidating) and closely monitor volume changes.
Support range: 109000-110000 | Resistance range: 112000-113000
Tracking the second cryptocurrency's trend alongside Bitcoin.
Synchronously moving up, 4-hour level shows low divergence signal.
Trading strategy: Consider adding positions in batches during pullbacks.
First target reference: around 2800.
Support range: 2550-2600 | Resistance range: 2750-2900
Altcoin opportunity reminder: After mainstream coins stabilize, pay attention to rotation opportunities.
Key sectors to focus on: meme, ETH ecosystem, Binance Alpha related tokens.
On-chain dynamics: SOL chain activity increases, pay attention to MEME tokens on this chain.
Recent operations: Participate in Binance points activities to accumulate chips, waiting for the next opportunity.
Note: The 1-hour / 4-hour levels have entered the overbought range, caution against short-term consolidation during the day, while the long-term weekly golden cross pattern remains, and mid to long-term still looks upward potential.
