Good evening, brothers. Just now, we experienced a sudden reversal after a good rise, a double kill of long and short positions, catching people off guard. Is this change happening faster than you can imagine?

There is always a reason for an increase, and a logic for a decrease. Every time there is an increase or decrease, there is news to support it. However, I rarely refer to those. I only know that there is no increase without a decrease, and no decrease without an increase. When the price rises to a certain extent, there will be a need for a pullback. If it doesn't drop, it can only rely on news support. Otherwise, everyone is bullish but not buying, just opening long contracts waiting for the 'whales' to enter and pull the market to give money to everyone? Do you think the 'whales' are like leeks?

Bitcoin experienced a second wave of decline and rebound during the day for 1-2 hours. Unfortunately, the second wave rebound has ended. Currently, it is undergoing a third wave of decline. As for where the third wave of decline will go, we need to see the strength of the sell-off. The weekly level has risen so much, even a daily-level pullback would not be excessive!

Night market analysis:

$BTC Pay attention to the position of 116875 for Bitcoin at night. As long as it stabilizes above this position, the 1-hour level will begin to rebound. Pay attention to the resistance levels above, near 118490-120460-122030!

If the rebound at night cannot stand above 116875, it indicates that the rebound lacks strength, and continue to pay attention to the support levels below, near 115200-113255-111310!

$ETH Pay attention to the position of 3000 for Ethereum at night. As long as it stabilizes above this position, the 4-hour level correction will end and the market will start to rise. Pay attention to the resistance levels above, near 3052-3082-3122!

If the price drops below 3005 at night, it indicates that the small-level rebound lacks strength, and continue to pay attention to the support levels below, near 2958-2913-2872!

$BNB Pay attention to the position of 680 for BNB at night. As long as it stabilizes above this position, the 1-hour level will begin to rebound. Pay attention to the resistance levels above, near 686-694-700!

If the rebound at night cannot stand above 680, it indicates that the rebound lacks strength, and continue to pay attention to the support levels below, near 675-667-662!

Pay attention to the position of 159 for SOL at night. As long as it stabilizes above this position, the 1-hour level will begin to rebound. Pay attention to the resistance levels above, near 162-166-169!

If the rebound at night cannot stand above 159, it indicates that the rebound lacks strength, and continue to pay attention to the support levels below, near 155-152-150!

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