Good evening, brothers. Bitcoin surged in the morning and corrected throughout the day. This is why Old Zhang often says not to chase, and that's the logic. When it goes up, it will inevitably come down, and when it comes down, it will inevitably bounce back. If Bitcoin can't break 107 and 1063 on this dip, it will still go up; if it breaks, then it's over. Prepare yourself psychologically. Anyway, this morning's surge has reached the top area of the weekly consolidation zone. It's expected that it will drop to the bottom area of the consolidation zone. Those with patience can continue to wait; those without patience can follow the levels I provided and watch the market themselves. If the position is not good, don’t force it!
Overnight market analysis:
$BTC Bitcoin's overnight rebound should pay attention to the position of 107700. Only if it stabilizes above this level can this 4-hour correction be considered over, and the market will continue to rise. The resistance levels to pay attention to are around 108780-109700-110670!
If the overnight rebound cannot exceed 107700, it indicates that the small-scale rebound lacks strength, and it will continue to fall. The support levels to pay attention to are around 106320-104580-103190!
$ETH Ethereum's overnight rebound should pay attention to the position of 2470. Only if it stabilizes above this level can this 1-2 hour correction be considered over, and the market will continue to rise. The resistance levels to pay attention to are around 2500-2523-2545!
If the overnight rebound cannot exceed 2470, it indicates that the small-scale rebound lacks strength, and it will continue to fall. The support levels to pay attention to are around 2435-2406-2378!
$BNB BNB's overnight pullback should pay attention to the position of 654.6. As long as it stabilizes above this level, the 4-hour timeframe will still be bullish, continuing to rise. The resistance levels to pay attention to are around 656-659.6-663.2!
If the overnight pullback breaks below the position of 651.6, it indicates that the 4-hour correction has started. The support levels to pay attention to are around 646.5-641.8-635.7!
SOL's overnight rebound should pay attention to the position of 151.7. Only if it stabilizes above this level can this 1-2 hour correction be considered over, and the market will continue to rise. The resistance levels to pay attention to are around 154.7-158.6-161.6!
If the overnight pullback breaks below the position of 151.6, it indicates that the 4-hour correction has started. The support levels to pay attention to are around 149.4-146.7-143!
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