Happy weekend, brothers. The market on Friday night has completed its movement. Bitcoin just hit the first support level during the night and started to rebound. I must praise Bitcoin's market maker; they are still quite generous. If you have entered long positions at 1072, do not be too rigid; manage your trailing stop well. Today, observe the strength of the rebound. If it fails to break above 1084 again, long positions can exit!
It's the weekend, so there probably won't be much volatility in the market. There's no point in staring at the screen; even if you stare at your phone until it blooms, it still won't go up. Instead of watching the market, you should check my entry points. They are provided daily; darling, you just need to open your mouth!
Last week, Bitcoin rose to around 1105. This position has been tested several times in the previous daily chart waves but ultimately failed to hold. If it can't break through, let it rest for a bit. If Bitcoin pulls back, watch the two levels of 1072 and 1045. As long as the daily chart does not break below, a small level pullback can still go up. For the next upward move, watch the top at 1105. If the daily chart breaks below 1045, it will be BBQ time, and it will head towards the bottom area of the weekly chart's consolidation zone, waiting for long positions at 1007-995-982!
Today's market analysis:
$BTC Today, pay attention to the position of 108370 for Bitcoin. Only if it stabilizes above this position can a rebound begin in the 1-2 hour timeframe. The resistance levels above to watch are around 109060-109760-110485!
If today's rebound cannot hold above the position of 108370, it indicates that this rebound lacks strength, and it will continue to decline. The support levels below to watch are around 107220-106370-105340!
$ETH Ethereum broke through the first support level during the night and started to rebound. Today, pay attention to the position of 2525. Only if it stabilizes above this position can a rebound begin in the 1-2 hour timeframe. The resistance levels above to watch are around 2555-2584-2610!
If today's rebound cannot hold above the position of 2525, it indicates that this rebound lacks strength, and it will continue to decline. The support levels below to watch are around 2495-2473-2450!
$BNB BNB broke through the first support level during the night and started to rebound. Today, pay attention to the position of 656. Only if it stabilizes above this position can a rebound begin in the 1-2 hour timeframe. The resistance levels above to watch are around 659.8-664.7-670!
If today's rebound cannot hold above the position of 656, it indicates that this rebound lacks strength, and it will continue to decline. The support levels below to watch are around 652.5-650.1-646.5!
Pay attention to the position of 148 for SOL today. Only if it stabilizes above this position can a rebound begin in the 1-2 hour timeframe. The resistance levels above to watch are around 151-153.4-155.7!
If today's rebound cannot hold above the position of 148, it indicates that this rebound lacks strength, and it will continue to decline. The support levels below to watch are around 145-142.6-140!
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