Good afternoon, brothers. Last night after Father's Day, I drank too much. The market volatility wasn’t significant, so I didn’t send anything last night. Today I’m sending it out early to catch up. After waking up, the market finally has some fluctuations, especially SOL leading the way. It seems there’s no news driving this rise, so it’s time for old Zhang to show off: I can bring out the bullish mindset I’ve been telling everyone about!
During the weekend, I anticipated that there wouldn't be much volatility, which is expected to lead to a horizontal range at the daily level. Now looking at the daily chart, the highs and lows of the previous two days have already been established. How it moves next can be observed through these highs and lows; small levels should trade around this range!
The weekly level has closed, Bitcoin has formed a doji, and Ethereum has formed a true bearish candle and a false bullish candle. However, overall it is still within the horizontal range of the weekly level, so if the daily horizontal range breaks, we will look at the horizontal range of the weekly level. What, you still can’t read it? Then at 8:30 PM, I will explain it to you in detail in the live broadcast!
Today's market analysis:
$BTC Bitcoin has just hit the first support level given yesterday and started to rebound. Today pay attention to the 105200 position. As long as it doesn’t break this level on a pullback, the small level will begin to rise and drive a rebound at the 4-hour level. Look for resistance near 106120-107000-108365!
If today breaks below the 105200 position, then this 4-hour level rebound fails. Pay attention to the support levels below: around 104330-103480-102620!
$ETH Ethereum accurately hit the first support level last night and started to rebound. Today pay attention to the 2532 position. As long as it doesn’t break this level on a pullback, the small level will begin to rise and drive a rebound at the 4-hour level. Look for resistance near 2582-2610-2641!
If today breaks below the 2532 position, then this 4-hour level rebound fails. Pay attention to the support levels below: around 2491-2465-2433!
$BNB BNB just hit the first support level given yesterday and started to rebound. Today pay attention to the 647.3 position. As long as it doesn’t break this level on a pullback, the small level will begin to rise and drive a rebound at the 4-hour level. Look for resistance near 655-659-662.5!
If today breaks below the 647.3 position, then this 4-hour level rebound fails. Pay attention to the support levels below: around 642.4-637.6-632.8!
SOL rebounded strongly this morning. Today pay attention to the 153.7 position. As long as it doesn’t break this level on a pullback, the small level is still bullish and will continue to rise. Look for resistance near 157.3-160.5-163.8!
If today breaks below the 153.7 position, then the 1-hour level will start to correct. Pay attention to the support levels below: around 150.9-147.9-144.2!
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