#以太坊连续两日领涨 7, 18th of the month Early morning trading thoughts
BTC Good evening, brothers! The big coin surged to 120,000 since 5 AM and has been correcting since then. From the current trend, the rebound for the big coin is still very weak, and the trend continues to show a correction structure! Today the big coin oscillated up and down all day! Ethereum continues to lead the rally! After surging to 3480, it has now retraced. As mentioned before, if it stabilizes at 3000, there is a chance to test around 3500! Just now, Ethereum made a spike, reaching around 3360, and then continued to rebound strongly!
Back to the market, just started the live stream and mentioned that we should pay attention to the big coin's rebounds at 118500 and 118800 for short positions, with support levels at 117500, 115200, and 113800 below! Long positions continue to wait for entry! If the big coin rebounds and breaks above 118800, close the short position! One can also go long, with resistance levels ahead at 119500 and 120000! Keep an eye on entering short positions!
ETH Ethereum has started its leading mode, pulling up a bunch of small altcoins for a sharp rise! After surging to 3480 today, it is now starting to retrace. If the 4-hour level retracement does not break below 3410, the market will still see a rebound, with resistance levels ahead at 3460, 3480, and 3550! Keep an eye on entering short positions; if you are not comfortable going short, wait for a lower long position! If the 4-hour level retracement breaks below 3410, the market will continue to correct, with support levels at 3360, 3315, and 3280! Long positions wait for entry! Everyone, pay attention: if the market breaks below 3315, it will undergo a daily level correction!
SOL Solana also surged to around 178 today but is currently retracing. If the 4-hour level retracement does not break below 173, the market will continue to rebound, with resistance levels at 178, 180, and around 185! Keep waiting to enter short positions! If the 4-hour level retracement breaks below 173, then the market will continue to correct, with support levels at 170, 168, and 165! Long positions continue to wait for entry!