Good afternoon, brothers. The market rebounded last night and then came down again. Did you notice that at any level, it is moving in waves, even if it’s a weekly level bearish candle? The smaller levels are still showing a downward trend. It’s not just a single line that drops you down. So if it has dropped and you are too scared to enter, do you plan to wait until it rises before chasing it?
In a bull market, cherish every opportunity to buy on dips. Bitcoin has only fallen 9 points from 1233 this time, while other coins have at least 15% declines. I actually hope it drops a bit more. The time for interest rate cuts is getting closer, and there aren’t many opportunities for long positions. Although it is currently experiencing a sideways decline, every drop is followed by a rebound. Who says the bulls aren't making profits?
Last night, Bitcoin rebounded to the white line position of 114 and then declined. Today, pay attention to this resistance level; only by breaking through this position can we continue to look at the pressure range near 116. Ethereum and BNB both rebounded to near the white line position and then fell back, but rebounded after hitting previous lows. Getting in at the previous low position means you are already in profit, even if you didn't catch the peak; only SOL continues to decline in a bearish manner!
Today, still look for the previous lows from last night's dip. As long as it doesn't break the lower levels, it will still rebound. If it breaks, it will continue to decline. As long as there is no negative news, the possibility of a massive crash is very low (brothers buying spot below should set their orders in advance). In a bearish market, don’t lose sight of your long positions!
Live broadcast at 8:30 PM at the square; for those wanting to buy spot, I will provide the positions then!
Today's market analysis:
$BTC Today, pay attention to the 114050 position for Bitcoin. Only by stabilizing above this level can the market continue to rise. You can look to short near the positions of 115000-115700-116900!
If today cannot stay above 114050, it indicates weak upward momentum. If it declines again, you can wait to go long near the positions of 112750-111910-111100!#BTC走势分析
$ETH Today, pay attention to the 3620 position for Ethereum. Only by stabilizing above this level can the market continue to rise. You can look to short near the positions of 3658-3693-3735!
If today cannot stay above 3620, it indicates weak upward momentum. If it declines again, you can wait to go long near the positions of 3543-3495-3452!#ETH走势分析
$BNB Today, pay attention to the 756 position for BNB. Only by stabilizing above this level can the market continue to rise. You can look to short near the positions of 770-784-800!
If today cannot stay above 756, it indicates weak upward momentum. If it declines again, you can wait to go long near the positions of 745-730-719!#BNB走势
Today, pay attention to the 164 position for SOL. Only by stabilizing above this level can the market continue to rise. You can look to short near the positions of 167-171-175!
If today cannot stay above 164, it indicates weak upward momentum. If it declines again, you can wait to go long near the positions of 160-156-152!#solana
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