Bitcoin, Ethereum, SOL, Today's Market Analysis
1: #BTC Bitcoin rebounded to 118500 yesterday and began to slowly retrace. It retraced to 117200 and then continued to rebound, reaching 118000 before starting the next wave of decline, with this wave's lowest point hitting around 115000. In fact, today's retracement continues the downtrend from last week. Due to the weekend's lack of liquidity, there was a slight rebound, so it's normal for it to hit this position today. Currently, observing Bitcoin's pattern, there should be another wave of decline. The support levels below are 114300, 113200, and 112500. If it retraces to 114000 and doesn't stabilize, then everyone can look at the 112500 position, where there is a higher probability of bottoming out. However, we should definitely start building positions near 114000 in the first wave, and we can accumulate in batches at 112500, so the average price won't be too high. The intraday resistance levels for Bitcoin are 115600 and 117000.
2: #ETH Ethereum rebounded to 4570 yesterday and began to retrace. As of now, the lowest retracement is around 4250, which happens to be the support level for the 1-hour chart. If it goes further down, the key position is 4150. It's best not to break below 4150 on the retracement; if it does, we need to watch 4000. The 4000 level is the dividing line for Ethereum's bullish and bearish positions. Once it breaks, it will be quite difficult to aim for a new historical high. Currently, the operational strategy remains unchanged from the previous days, using the three-step accumulation method. Just accumulate in batches at the designated levels.
3: #SOL Yesterday, it rebounded to around 195 at the resistance level and began to retrace. The current lowest point hit 181, down 14 points from the high. If we consider Bitcoin's movement, the accumulation level for SOL should start at 176 for the first buy, 168 for the second, and 160 for the third. This way of accumulating means that as long as there is a rebound, profits can be made. The overall market won't fall below 112000, so SOL can't drop too much.
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