Happy weekend, brothers! Yesterday, Lao Zhang had already warned about the stomach. Sure enough, there was a big market on Friday, rising in the afternoon and crashing down at night. Unexpectedly, another big wave came during the night, and the brothers' accounts were attacked again!
In recent days, the market analysis has repeatedly reminded, including last night's live broadcast, that the current conflict between Israel and Hamas is the biggest uncertainty factor. Position and stop-loss must be managed well. This kind of market looks good when it rises, but you never know when a reversal will occur. If you're not careful, it can turn from profit to loss. Baby, promise me, please don't make trades without a good structure!
Bitcoin just dropped to the bottom area of last week's weekly line, while Ethereum has directly fallen out of the bottom of the weekly consolidation area. Yesterday, Bitcoin dropped by 4 points, and Ethereum dropped by 8 points. How can this weak asset be played? For those who love to go long on Ethereum, I beg you to try Bitcoin or BNB. BNB only dropped by a little over 2 points yesterday; going long must be played hard. Strong coins have strong anti-dip properties; if it goes down, you won't be easily trapped. A slight rebound will have you making money!
It's the weekend today. As long as the previous low is not broken in the next two days, unexpectedly, a small-level rebound will begin, leading to a large-level sideways consolidation. Those who have profitable positions at the bottom should set their trailing stop-losses, while those at a loss should place their stop-loss at the previous low during the night spike!
Today's Market Analysis:
$BTC Pay attention to the position of 103785 for Bitcoin today. It will only start to rebound if it stabilizes above this position for 1-2 hours. Pay attention to resistance levels around 105100-106485-107745!
If today's rebound cannot hold above the position of 103785, it indicates that the rebound lacks strength. Pay attention to the support levels around 102265-101280-100310 during the next pullback!#BTC走势分析
$ETH Pay attention to the position of 2433 for Ethereum today. It will only start to rebound if it stabilizes above this position for 1-2 hours. Pay attention to resistance levels around 2464-2491-2520!
If today's rebound cannot hold above the position of 2433, it indicates that the rebound lacks strength. Pay attention to the support levels around 2385-2363-2347-2312 during the next pullback!#ETH走势分析
$BNB Pay attention to the position of 642.8 for BNB today. It will only start to rebound if it stabilizes above this position for 1 hour. Pay attention to resistance levels around 646-649.3-653.8!
If today's rebound cannot hold above the position of 642.8, it indicates that the rebound lacks strength. Pay attention to the support levels around 638-633-628 during the next pullback!#BNB走势
Pay attention to the position of 141 for SOL today. It will only start to rebound if it stabilizes above this position for 1 hour. Pay attention to resistance levels around 143-145.5-148.8!
If today's rebound cannot hold above the position of 141, it indicates that the rebound lacks strength. Pay attention to the support levels around 138-135.6-132.7 during the next pullback!#solana
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