#加密立法新纪元 7 July 20th Early Morning Trading Thoughts
BTC Good evening everyone! Looking at the current situation, the big coin's rebound is still quite weak! I just mentioned this in the live stream! Currently still in a downward channel, and it is the weekend! The fluctuations are small! The rebound is also weak!
Back to the market! The big coin's 4-hour level closing at night must be above 118300 for the market to continue to push higher! The upcoming resistance levels are 119300 and 120100! Short positions should pay attention to entry! If the 4-hour level fails to rebound and break through 118300, the market will continue to weaken, and you can enter short, ensuring to set a stop loss! The support levels below are around 117300, 116800, and 115666! Long positions continue to wait for entry! In the meantime, everyone should try to hold off on trading!
ETH Ethereum just spiked to 3525 and has rebounded! Now also waiting for the big coin to choose a direction! The 4-hour level at night did not break below 3530, then the market continues to look for a rebound! The upcoming resistance levels are 3580, 3600, and 3630, pay attention to short entry! If the 4-hour level retraces and breaks below 3530, the market continues to go short, and long positions should cut losses! The support levels below are around 3480, 3430, and 3365, long positions are waiting for entry!
SOL Solana is currently following the big coin down, pay attention to break above 178 for the market to continue pushing higher! The upcoming resistance levels are 183, 185, and 187! Pay attention to short entry! If the 4-hour level fails to break above 179, then the market will continue to adjust, and the support levels below are around 175, 173, and 170 for long positions waiting for entry!
At present, it seems that these altcoins will follow the big coin for a period of downward adjustment! The big coin has been fluctuating downwards for the past few days! Everyone pay attention to the price of 115666! If this price breaks, the big coin will test around 113800 and 111800! $BTC