Good afternoon, brothers. The market sneaked up last night, but unfortunately, Bitcoin still did not break the strong resistance of 116, indicating that the upper resistance is still quite strong. As long as Bitcoin does not break below 114 on the 4-hour level today, it will still go up. The upper side still looks at the strong resistance of 116. Only when the daily level breaks 116 can this wave of daily level pullback be considered over!
As long as the expectation of interest rate cuts is still there this year, any decline is just an opportunity for us to get in. We only need to manage our positions well. The issue of rallying is just a matter of time. Don’t hesitate to enter when it drops, then chase longs when it rises. Are you the legendary innate leek saint?
Today's market analysis:
$BTC Bitcoin started to pull back at around the first resistance level of 300u last night. Today, pay attention to the 114070 position. As long as the 4-hour level does not break below this position, a small level pullback will still go up. The upper side can wait for shorts around the positions of 114750-115700-116900!
If today the 4-hour level breaks below the 114070 position, then this wave of 4-hour level rebound ends, and we continue downwards, waiting for longs around the positions of 113300-111990-111091!
$ETH Ethereum broke through the first resistance level of 3721 and started to pull back. Today, pay attention to the 3645 position. As long as the 2-hour level does not break below this position, a small level pullback will still go up. The upper side can wait for shorts around the positions of 3688-3735-3772!
If today the 2-hour level breaks below the 3645 position, then the 2-hour level starts to pull back, continuing downwards, waiting for longs around the positions of 3600-3550-3495!
$BNB BNB just accurately touched the first resistance level of 770 last night before starting to pull back. Today, pay attention to the 760 position. As long as the 4-hour level does not break below this position, a small level pullback will still go up. The upper side can wait for shorts around the positions of 770-784-800!
If today the 4-hour level breaks below the 760 position, then this wave of 4-hour level rebound ends, and we continue downwards, waiting for longs around the positions of 750-740-730!
SOL night accurately hit the second resistance level of 169 twice before starting to pull back. Today, pay attention to the 167 position. As long as it does not break below this position on the 2-hour level, a small level pullback will still go up. The upper side can wait for shorts around the positions of 169-172-175!
If today the 2-hour level breaks below the 167 position, then the 2-hour level starts to pull back, continuing downwards, waiting for longs around the positions of 164-160-156!
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