交易员赵财神
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The market is accelerating downwards. Everything will wait until tomorrow morning to change the weekly line to determine the direction. Good evening, brothers. Bitcoin is breaking the 100,000 mark tonight with a supplemental position, hitting the weekly level of support and resistance for long and short positions. The moment to decide between long and short has arrived. If the market continues to break down tonight and does not rebound above 100,000, the weekly line will easily turn bearish. This means that the recent upward movement in the weekly line has completed, and there will still be space for further declines. At least next week, it could reach the range of 93,000-87,000. Therefore, whether there is a rebound tonight is quite critical. We will wait for the weekly line to change at 8 AM tomorrow to confirm the trend. The overnight spike can still take a long position on the rebound; just control your position well.
The performance of ETH is similar to Bitcoin. The last line of defense for the weekly line is 2,200. If the weekly line cannot close above 2,200 in the morning, then ETH will also turn bearish. If ETH turns bearish, it will be very difficult for the market to reach a second peak of 2,700-2,800 because ETH's monthly line has not established a stable bullish trend and has been consistently bearish.
The weekly line for SOL has already confirmed a bearish trend. Currently, long positions can only be made for the short term and should not be held for the long term. The resistance for the weekly line is 155. If the weekly line cannot surge above this resistance again, we can confirm that this upward movement has ended.
The instability of the market is largely due to various news factors, so I still advise my brothers to control their positions well and not to over-leverage on one-sided bets.
Finally, I wish my brothers great success in the new week!
The performance of ETH is similar to Bitcoin. The last line of defense for the weekly line is 2,200. If the weekly line cannot close above 2,200 in the morning, then ETH will also turn bearish. If ETH turns bearish, it will be very difficult for the market to reach a second peak of 2,700-2,800 because ETH's monthly line has not established a stable bullish trend and has been consistently bearish.
The weekly line for SOL has already confirmed a bearish trend. Currently, long positions can only be made for the short term and should not be held for the long term. The resistance for the weekly line is 155. If the weekly line cannot surge above this resistance again, we can confirm that this upward movement has ended.
The instability of the market is largely due to various news factors, so I still advise my brothers to control their positions well and not to over-leverage on one-sided bets.
Finally, I wish my brothers great success in the new week!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
