Good evening, brothers. Bitcoin has not gone up all day today. The 1-2 hour time frame is moving sideways. This wave of Bitcoin's pullback can only be considered over if it stabilizes above 120,000. If the 4-hour closing does not hold above 120,000, then the small upward movements are just rebounds!
When the tiger is away, the monkeys call the shots. Ethereum has been surging with a group of followers during the day. I mentioned in the live stream the night before that the range of 3480-3500 is a major resistance zone. Today, it reached a high of 3483 before dropping. If this range cannot be broken, it will not go up. Only if it breaks above can we look at the target near 3745!
Night market analysis:
$BTC Pay attention to the position 118300 for Bitcoin tonight. Only if it stabilizes above this position will the market move upwards. For resistance levels, pay attention to the areas near 120110-122030-123300!
If the 4-hour closing cannot hold above 118300 tonight, it indicates that the market still cannot go up. It will once again test the support levels around 117000-115660-114730!
$ETH Ethereum is currently pulling back at the 1-hour level. Pay attention to the position 3435 tonight. If the 1-hour closing stabilizes above this position, this wave of pullback can be considered over, and the market will go up. For resistance levels, pay attention to the areas near 3482-3524-3563!
If the 1-hour level cannot hold above 3435 tonight, it indicates that the market still cannot go up. Continue to pay attention to the support levels around 3373-3320-3276!
$BNB BNB, pay attention to the position 719 tonight. As long as the 1-hour level does not break below this position, all levels are still bullish, continuing to rise. For resistance levels, pay attention to the areas near 728-738-746!
If the 1-hour level breaks below 719 today, it will start to pull back. Pay attention to the support levels around 714-707-700!
SOL is currently pulling back at the 1-hour level. Pay attention to the position 174 tonight. If the 1-hour closing stabilizes above this position, this wave of pullback can be considered over, and the market will go up. For resistance levels, pay attention to the areas near 178-182-185!
If the 1-hour level cannot hold above 174 tonight, it indicates that the market still cannot go up. Continue to pay attention to the support levels around 169-165-161!
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