Good evening, brothers. The first day of this month has been a full day of decline. Just after the non-farm data was released, there was another wave of decline. Don't panic about such a large rise only dropping so little. Old Zhang has always said to pay attention to the monthly line pullback. I feel like we have just inserted the throat tube, and haven't reached the stomach yet. Recently, those who like to go long should be a bit cautious; if you can take it, then take it. For those who like to go short, don't continue when you reach the major support level. First, observe the strength of the rebound before deciding whether to trade!
Evening market analysis:
$BTC Pay attention to this position 115070 for Bitcoin tonight. If the 1-hour level rebound does not stand above this position, it indicates that the rebound lacks strength. Continue to wait for long positions near 114050-113300-112300.
Only if we stabilize above 115070 for an hour can we start to rebound. We can wait for short positions near 115975-116900-117800.
$ETH Pay attention to this position 3633 for Ethereum tonight. If the 1-hour level rebound does not stand above this position, it indicates that the rebound lacks strength. Continue to wait for long positions near 3562-3530-3505-3466.
Only if we stabilize above 3633 for an hour can we start to rebound. We can wait for short positions near 3673-3721-3755.
$BNB Pay attention to this position 768 for BNB tonight. If the 1-hour level rebound does not stand above this position, it indicates that the rebound lacks strength. Continue to wait for long positions near 757-745-734.
Only if we stabilize above 768 for an hour can we start to rebound. We can wait for short positions near 776-787-800.
Pay attention to this position 170 for SOL tonight. If the 1-hour level rebound does not stand above this position, it indicates that the rebound lacks strength. Continue to wait for long positions near 164-161-158.
Only if we stabilize above 170 for an hour can we start to rebound. We can wait for short positions near 175-179-182.
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