Good afternoon, brothers. The market analysis last night mentioned that the upward movement depends on yesterday morning's previous high. If it cannot break, the small level will still come down. I just reviewed the big pie, which touched the previous high at night and accurately pulled back to the white line position of 105070 I provided, then bounced back up. Today, still focus on this white line position; as long as it doesn't break, it will continue to rise. Only if this position is broken will it explore downward!
Through the 4-hour band of the big pie, we can see that its peaks are getting higher and its bottoms are also getting higher. This is a standard upward trend. If we use Lao Zhang's deduction to look at the upcoming weekly level sideways, the current price still belongs to the lower half of the weekly level sideways area. We will see if this upward trend can bring the price to the upper half of the weekly level. For those who are still unsure, come to my live broadcast at 8:30 PM!
Today's market analysis:
$BTC The big pie began to pull back after breaking the first resistance level at night. Today, pay attention to the level of 105070. As long as the 4-hour level does not drop below this level, a small-level pullback will still go up. The upper resistance levels to watch are around 106635-107740-108850!
If the 4-hour level breaks below 105070 today, then this wave of 4-hour rebound has failed, and pay attention to the lower support levels around 103940-103030-102050!
$ETH Ethereum began to pull back after breaking the first resistance level at night. Today, pay attention to the level of 2590. As long as the 4-hour level does not drop below this level, a small-level pullback will still go up. The upper resistance levels to watch are around 2648-2673-2705!
If the 4-hour level breaks below 2590 today, then this wave of 4-hour rebound has failed, and pay attention to the lower support levels around 2561-2522-2474!
$BNB BNB broke the first resistance level at night and then pulled back before going up again. Today, pay attention to the level of 664. As long as the 4-hour level does not drop below this level, a small-level pullback will still go up. The upper resistance levels to watch are around 673-678-685!
If the 4-hour level breaks below 664 today, then this wave of 4-hour rebound has failed, and pay attention to the lower support levels around 656-650-645!
SOL broke the first resistance level at night, then came down and touched the first support level before starting to rebound. Today, pay attention to the level of 157. Only if the 4-hour level stabilizes above this level will the small level start to rise and drive the 4-hour rebound. The upper resistance levels to watch are around 160-163-167!
If the 4-hour level cannot hold above 157 today, it indicates that the small-level upward movement lacks strength, and continue to pay attention to the lower support levels around 154-150-147!
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