BTC/SOL/ETH Market Analysis on 8.1: The Great Battle Approaches
After waking up, I was caught off guard by a sudden market drop from the big players, and I believe many people are confused. Questions about whether the market is going to crash have arisen in our minds. However, there is no need for excessive doubts; after today, we will observe the recovery situation. If we can resolve yesterday's bearish daily candle, we can continue to be bullish. Otherwise, it will merely touch the daily MA50 level, and after touching it, we can still look for bullish opportunities.
For BTC ($BTC ), today's short-term support is at 114800. If it breaks below the previous low of 114200, then the support below will be in the range of 113900-113700 for potential long positions. The resistance levels for a rebound are at 117080 and 117900.
For SOL ($SOL ), the thinking is similar; after breaking the previous low of 167, the support is between 165-166, with 162 also being a daily level of support to watch. Today's rebound resistance levels are at 177 and 181.
For ETH ($ETH ), today's short-term support is at 3648. If it breaks below the previous low of 3613 again, pay attention to the support at 3590. Today's rebound resistance is at 3750 and 3820.
In summary, today is the time for the great battle. If we resolve the bearish candle on the daily chart, everyone will be happy; if not, we'll see a market that meets the MA50. #美国加征关税 #加密市场回调