Oh man, brothers, the night before last I was hit hard by the market makers, and last night the market makers violently pushed the market up. How many brothers who shorted are now buzzing in their heads? But it doesn't matter, as long as your position is heavy enough, you would have been liquidated long ago, and the subsequent rise has nothing to do with you. The adrenaline rush is already gone!!!
Last night in the live broadcast, I just talked about how bull markets don’t say peak. This is also why I have only gone long in the last two years or so. If it dares to fall, I dare to enter, and if the position is controlled well, I won't be scared. The direction is more important than effort. Moreover, if you dare to hold a position when shorting at the bottom, how can you not dare to hold when going long in a bull market?
Bitcoin just hit my second resistance level at night, seems the error is only 10u, I guessed it right, but the error is a bit large, so I’m a bit embarrassed to show off to everyone. The rise of Bitcoin directly drives all coins; Ethereum unexpectedly surged too much, directly hitting the fourth resistance level (2610) with a maximum of 2618.
This wave of rise has temporarily ended. Next, there will be a consolidation at a smaller level. If it goes up again, we will first look at the previous high from the night rise, especially for Bitcoin. If it goes higher, we will look at the historical high of 1119. If it can't break through at a smaller level, it will still come down. Only a strong breakout will create a new high. Brothers who like to short can hold a light position at the previous high, but don't do it if there is positive news!
Today's market analysis:
$BTC Pay attention to the position of 108500 for Bitcoin today. As long as it doesn't break this position on a pullback, the market remains bullish, and we can continue to rise. Keep an eye on the resistance levels around 109700-110670-111330!
If it breaks below the position of 108500 today, then the 1-2 hour level will start to pull back, and continue to look at the support levels around 107200-105340-104190!
$ETH Pay attention to the position of 2580 for Ethereum today. Only if it stabilizes above this position will the 1-hour level pullback be considered over, and the market will continue to rise. Keep an eye on the resistance levels around 2610-2642-2680!
If it can't stand above the position of 2580 today, it means the market can't go up, and will continue to pull back to the support levels around 2552-2496-2460!
$BNB Pay attention to the position of 660.7 for BNB today. Only if it stabilizes above this position will the 1-hour level pullback be considered over, and the market will continue to rise. Keep an eye on the resistance levels around 664.7-670.2-674!
If it can't stand above the position of 660.7 today, it means the market can't go up, and will continue to pull back to the support levels around 655.5-650.3-645.3!
Pay attention to the position of 151.6 for SOL today. As long as it doesn't break this position on a pullback, the market remains bullish, and we can continue to rise. Keep an eye on the resistance levels around 154.5-158.4-161.6!
If it breaks below the position of 151.6 today, then the 1-2 hour level will start to pull back, and continue to look at the support levels around 1148.5-144.7-140.2!
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