At 6 AM, US stock futures opened, and market panic selling drove prices to new lows: BTC lowest at 98115.4, ETH lowest at 2111.00, SOL down to 125.8, with all three waves of daily declines appearing, looking forward to an upward trend;
Yesterday evening provided precise hints for BTC support around 97500, ETH 2100-2150 (weekly mid-track and trend support), key support level around 125 for SOL, almost all hit! Particularly noted that morning futures and US Treasury opening would likely create new lows, perfectly grasped, unfortunately stayed up too late last night and overslept this morning 😂
Currently, BTC has broken the previous low of 100300, briefly piercing the 100000 mark, clearing longs, with the daily three-wave downtrend already evident, entering a bottoming stage. Subsequent attention should be on confirming the previous low with a second exploration; if the low point is not broken, a rebound can be expected. The 4-hour SKDJ has formed a golden cross, looking for a short-term rebound, if today closes positive, the daily SKDJ will also form a golden cross, and the reversal window will soon open!
ETH's daily third wave and the 4-hour fifth wave have both manifested, entering the bottoming stage, paying attention to the effectiveness of the second exploration of the new low at 2111. The 4-hour SKDJ has formed a golden cross, indicating a short-term rebound, with upper resistance levels at 2260-2300; after the daily SKDJ golden cross, an upward trend reversal is expected.
In the coming days, there is a high probability of a volatile bottoming process; pay attention to the 4-hour mid-track for bottom fishing opportunities. Once it stabilizes on the mid-track and flattens out, the probability of starting up is high. This round may directly see a V-shaped reversal, optimistic about a unidirectional market!
