Good afternoon, brothers. Bitcoin rebounded a bit yesterday but fell again overnight. I mentioned in last night's market analysis that if it can't break the high point, there will be a second retest. Fortunately, this retest broke the previous low from yesterday morning.
Both Ether and SOL have broken the previous low from yesterday morning. Today we still look for a rebound. Only if they can break through the high points from yesterday afternoon's rebound will they continue to rise. If they can't break through, it indicates that the rebound lacks strength, so pay attention to a second retest. If the previous low from this morning does not break, it will still rebound on a smaller time frame. If it breaks the previous low, then it will continue to decline!
Today's market analysis:
$BTC Bitcoin started to rebound after breaking the first support level this morning. Today pay attention to the position 108400. As long as the 1-2 hour level closes above this position, the 1-2 hour level will start to rebound. For the upper pressure levels, pay attention to the nearby positions 109440-110800-111960!
If the 1-2 hour level does not close above 108400 today, it indicates that this rebound lacks strength and will continue to decline. For the lower support levels, pay attention to the nearby positions 107410-106710-106000!
$ETH Ether started to rebound after breaking the second support level this morning. Today pay attention to the position 2520. As long as the 1-hour level closes above this position, the 1-hour level will start to rebound. For the upper pressure levels, pay attention to the nearby positions 2560-2590-2623!
If the 1-hour level does not close above 2520 today, it indicates that this rebound lacks strength and will continue to decline. For the lower support levels, pay attention to the nearby positions 2480-2450-2418!
$BNB BNB started to rebound after breaking the second support level this morning. Today pay attention to the position 666. As long as the 1-hour level closes above this position, the 1-hour level will start to rebound. For the upper pressure levels, pay attention to the nearby positions 670-676-681!
If the 1-hour level does not close above 666 today, it indicates that this rebound lacks strength and will continue to decline. For the lower support levels, pay attention to the nearby positions 659-653-649!
SOL started to rebound after breaking the first support level this morning. Today pay attention to the position 174. As long as the 1-hour level closes above this position, the 1-hour level will start to rebound. For the upper pressure levels, pay attention to the nearby positions 178-182-185!
If the 1-hour level does not close above 174 today, it indicates that this rebound lacks strength and will continue to decline. For the lower support levels, pay attention to the nearby positions 170-165-160!
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