Good afternoon, brothers. Today is the third day of being in Shenzhen, and I have been absent for two nights in a row. I didn't send out market analysis last night. I truly apologize; it's the highest etiquette in the community. I bow to my brothers [bowing].
The fluctuations over the weekend are not large. Yesterday, the first resistance levels given for several coins have all been reached. Only Bitcoin started to push to the second resistance level after breaking through the top of yesterday's consolidation area, forming a consolidation area between the first and second resistance levels. Today, continue to pay attention to the bottom and top of this consolidation area. Only after breaking through will we see a clear direction. Everyone should pay attention on Sunday night; generally, there will be a big wave!
Today's market analysis:
$BTC Pay attention to the position 105230 for Bitcoin today. As long as it doesn't break the bottom of this consolidation area, the small-scale will still rebound. Pay attention to the top of the consolidation area at 105880. If it cannot break through, the small-scale will come down again. If it breaks above, then watch around 106780-107740-108850!
If the 4-hour level breaks below the position 105230 today, it indicates that the bottom of the consolidation area has been broken. Continue to watch the support levels below around 104600-103795-102830!
$ETH Pay attention to the position 2505 for Ethereum today. As long as the 4-hour level holds above this position, the 4-hour level will still be a rebound market. Continue to watch the resistance levels above around 2544-2588-2640!
If the 4-hour level breaks below the position 2505 today, it indicates that a small-scale correction has started. Pay attention to the support levels below around 2478-2445-2412!
$BNB Pay attention to the position 647.9 for BNB today. As long as the 4-hour level holds above this position, the 4-hour level will still be a rebound market. Continue to watch the resistance levels above around 653.7-662.5-668.4!
If the 4-hour level breaks below the position 647.9 today, it indicates that a small-scale correction has started. Pay attention to the support levels below around 642.2-637.4-632.8!
Pay attention to the position 150.3 for SOL today. Only if the 4-hour level holds above this position will the 4-hour level still be a rebound market. Continue to watch the resistance levels above around 152.7-154.6-157.8!
If the 4-hour level closes below the position 150.3 today, it indicates that a small-scale correction has started. Pay attention to the support levels below around 146.8-144-141.5!
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