Good afternoon, brothers. The market has been very calm these past few days. Is it because the market knows I'm out and doesn't want to have fluctuations, fearing I might miss a big move?
Bitcoin and Ethereum have been consolidating for several days. Today is Friday; let's see if there will be a move in the evening or at night. Just focus on the top and bottom of the consolidation range. If this range doesn't break out, then just continue to wait!
Currently, the entire market is not looking very good. There's war, no interest rate cuts, and no wealth creation effect, making it difficult for new funds to enter. The main issue is the uncontrollable factor of war. As a die-hard bull, I have temporarily chosen to wait and see (unless there's a major crash). Not to mention large funds, they seek stability rather than gambling. Capital will only add to the glory, not provide help in times of need!
Today's market analysis:
$BTC Bitcoin today pay attention to the position of 104410. As long as it stabilizes above this position, the market will reach the top of the consolidation area at 105475. If it breaks above, then look at the levels around 106740-107745-108900!
If today cannot break the small level at the top, it will still pull back. If it breaks below 104410, it will reach the bottom of the consolidation area at 103445. If the small level doesn't break, it will still rebound. If it breaks below the support levels, look at the levels around 102620-101470-100310!
$ETH Ethereum today pay attention to the position of 2515. As long as it stabilizes above this position, the market will reach the top of the consolidation area at 2547. If it breaks above, then look at the levels around 2582-2617-2656!
If today cannot break the top of the consolidation area, the small level will still pull back. If it breaks below 2516, look at the support levels around 2491-2465-2433!
$BNB BNB has already gone through two phases on the 4-hour level. Today, pay attention to the position of 641.5. Only if it stabilizes above this position, the 4-hour level will start to rebound. Pay attention to the upper resistance levels around 646-650.9-655.3! (646 is the peak of the previous two phases)
If today cannot stand above the position of 641.6, it indicates that the 1-2 hour rebound lacks strength. Continue to pay attention to the lower support levels around 637-633-628.6!
SOL today pay attention to the position of 145.4. Only if it stabilizes above this position will the 4-hour level start to rebound. Pay attention to the upper resistance levels around 149-152.4-155.7!
If today's rebound cannot stand above the position of 145.3, it indicates that the 1-2 hour rebound lacks strength. Continue to pay attention to the lower support levels around 143-141-138!
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