Good afternoon, brothers. On my first night in Chengdu, I drank too much of the local beer. I didn't send last night's market analysis to you, and I'm truly sorry about that. I must say that the lively atmosphere in Chengdu is really strong, and the people are very warm; it's worth a visit!
I just checked the market, and it seems there aren't any major fluctuations. It's just that the smaller timeframe has gone through a few waves. Last night, it basically rebounded after hitting the first support level from yesterday during the day, except Bitcoin dipped 400 points more; the other three coins precisely reached the first support level, right?
Just take my accurate levels every day. With such precise positions, why join any paid groups or keep an eye on the market? The meal is served right on your plate; just know how to eat. You can place light orders based on the levels, as long as you can get in, it's up to you whether you can eat meat or drink soup!
Bitcoin is currently in a 4-hour level bottom consolidation. Today, we just need to watch the top and bottom of the consolidation area. This is the old rule of the consolidation area, which has been mentioned before. In a large-level consolidation, the small-level moves up and down through small waves. If you must trade, just short high and long low without fantasizing or chasing the market!
Today's Market Analysis:
$BTC Today, pay attention to the top of the consolidation area at 108550 for Bitcoin. Only if we stabilize above this position can the market go up. Pay attention to the resistance levels around 109685-110490-111330!
If we can't break through the position of 108550 today, the smaller timeframe will still go down. If it goes down, we will look at the bottom of the consolidation area at 107440. If it doesn't break down, it will still rebound. If it breaks down, the market will continue to decline. Pay attention to the support levels around 106370-105340-104190!
$ETH For Ethereum, pay attention to the top of the consolidation area at 2554 today. Only if we stabilize above this position can the market go up. Pay attention to the resistance levels around 2588-2607-2634!
If we can't break through the position of 2554 today, the smaller timeframe will still go down. If it goes down, we will look at the bottom of the consolidation area at 2506. If it doesn't break down, it will still rebound. If it breaks down, the market will continue to decline. Pay attention to the support levels around 2475-2450-2430!
$BNB For BNB, pay attention to the position of 661.2 today. Only if we stabilize above this level can this wave of 4-hour level correction be considered over, and the market will continue to rise. Pay attention to the resistance levels around 664.8-670.2-674.4!
If the 4-hour level cannot stabilize above 661.2 today, it means the market is still unable to rise, and will continue to decline. Pay attention to the support levels around 656.5-653.2-650.1!
For SOL, pay attention to the top of the consolidation area at 150.1 today. Only if we stabilize above this position can the market go up. Pay attention to the resistance levels around 153.8-155.7-157.8!
If we can't break through the position of 150.1 today, the smaller timeframe will still go down. If it goes down, we will look at the bottom of the consolidation area at 147.6. If it doesn't break down, it will still rebound. If it breaks down, the market will continue to decline. Pay attention to the support levels around 145.1-142.6-140.2!
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