Analysis of Long and Short Strategies for BTC/SOL/ETH Contracts on 8.13: Let the Winds Blow from East, West, South, and North
Yesterday we successfully went long on SOL at 178, and upon waking up, it reached around 200. Those with a strategy are smiling, while those without are feeling uncomfortable. The market has rebounded again, though Bitcoin hasn't moved much. We are still waiting for Bitcoin to show consecutive daily gains.
The market for Bitcoin at $BTC has not changed much compared to yesterday, with short-term resistance at 120700 and 121600. Support levels are at 117500 and 116500. If you're looking to go long today, it's safest to wait for a 15-minute breakthrough and stability above 120300 before entering.
Currently, for SOL at $SOL , there is a potential resistance level for a support-resistance swap at 200.5; if it breaks, the target looks to be 210-212, and further up around 220. Support levels below are at 193 and 189. A genuine breakout typically doesn't provide many opportunities for pullbacks to enter, so for those who entered long positions yesterday, it would be wise to hold for a few more days.
Bitcoin at $ETH is also very strong, and there aren’t many reference resistance levels left. The nearest support is at 4566 on a short-term basis; if this level holds, a rebound is possible, with a second support level at 4440.
Through countless trials and tribulations, we remain steadfast; let the winds blow from any direction. The market manipulators may try to scare us, but since we haven't run away, let's continue to wait for a breakout and hold our long positions! (Bringing you the latest market analysis and precise entry points daily; long and short strategies are for the reference of B friends only, with strict stop-loss and take-profit measures. Special 20% discount on handling fees with code KEZHANG888) #ETH突破4600 #CPI数据来袭