Good evening, brothers. The market rebounded all day, but then a line crashed down at night. Friday night is really annoying; just as I reminded in the live room, it plummeted. It's all my fault. I used to remind about the market analysis at noon, but today I wrote too much and forgot this. Anyway, brothers, remember that on Friday nights and Sunday nights, the market manipulators love to stir things up. Besides the news, pay attention to these two time periods!
As a bull, I've become timid again with this drop. When I say timid, I mean afraid to open long positions, not bearish. It's just that I don't want to take risks with long positions. Still, I remain optimistic for the future; it's just a normal pullback after breaking previous highs. Every time Bitcoin broke previous highs, it basically retraced more than 10 points, so a pullback is also normal; I just won't short it.
Tonight's pullback will look at the previous low from last night. This position was discussed in the live broadcast earlier, and there were small long positions. It just hit that point, let's see if the rebound has strength. If there is strength, set a moving stop loss or a breakeven loss. If there is no strength, manually exit is also fine. If last night's previous low breaks, the second wave of decline will start. Those who are stuck in long positions above should set their stop losses well to avoid a major pullback taking them out, and later when breaking new highs, they'll be kicking themselves!
Night market analysis:
$BTC Bitcoin night rebound pay attention to the position of 118265. Only if it stabilizes above this position for 1-2 hours can it start to rebound. Pay attention to the upper pressure levels near 119135-120485-122150!
If the night rebound does not stand above the 118365 position, it indicates that the rebound lacks strength. Then pay attention to the previous low of 116900. As long as it does not break below the small level, it will still rebound. If it breaks the lower support level, pay attention to the positions near 115850-114500-113645!
$ETH Ethereum night rebound pay attention to the position of 4570. Only if it stabilizes above this position for 1-2 hours can it start to rebound. Pay attention to the upper pressure levels near 14662-4702-4737!
If the night rebound does not stand above the 4570 position, it indicates that the rebound lacks strength. Then pay attention to the previous low of 4450. As long as it does not break below the small level, it will still rebound. If it breaks the lower support level, pay attention to the positions near 4405-4351-4286!
$BNB BNB night rebound pay attention to the position of 836. Only if it stabilizes above this position for 1-2 hours can it start to rebound. Pay attention to the upper pressure levels near 853-860-870!
If the night rebound does not stand above the 836 position, it indicates that the rebound lacks strength. Then pay attention to the previous low of 821. As long as it does not break below the small level, it will still rebound. If it breaks the lower support level, pay attention to the positions near 811-801-791!
SOL night rebound pay attention to the position of 193. Only if it stabilizes above this position for 1-2 hours can it start to rebound. Pay attention to the upper pressure levels near 198-202-206!
If the night rebound does not stand above the 193 position, it indicates that the rebound lacks strength. Then pay attention to the previous low of 186. As long as it does not break below the small level, it will still rebound. If it breaks the lower support level, pay attention to the positions near 182-178-174!
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