August 8th BTC/SOL/ETH Contract Long/Short Analysis: Is Another Top Formed?

Yesterday's price rallied again, and our long positions held firm. Now, the question remains: will it break through or form another top? If the price remains sideways between 11.6 and 11.7, next week's market will likely tell us whether it will break through the previous high or briefly decline after 11.8.

$BTC Today's market should focus on support at 115500 and 114800. If 115500 holds, another upward push is possible. Keep an eye on the daily resistance at 118800.

$SOL Today's support is at 169 and 166. Above resistance is at 177.4 and 181. It's not advisable to chase long positions in SOL right now. Try to take advantage of the short positions. The reasons were explained in the live broadcast. $ETH Ether has been rising steadily, with momentum showing. As long as support at 3803 remains intact, it can continue to rise. If it breaks below, support will be found at 3690. Above, resistance lies at 4016 and 4080.

Others are greedy, but I'm fearful. We must carefully analyze the top range in the coming market and wait for the market to reveal its direction. If you can't grasp the market, then of course, keep an eye on the section chief! #下一任美联储主席人选