Brothers, the market is like a torn war; every key point is a line of life and death. Stabilizing means victory, while failing to hold means retreat! Today, we will deeply analyze the key positions of three focus coins, so everyone pay attention, the next wave of operations will depend on this life-and-death struggle at these points.
Bitcoin:
116,800! This is not just any position; it's the critical threshold that determines whether BTC can continue to rise. If it can stabilize, we can soar with the market, aiming for the high points of 117,900, 119,200, and 120,300; if it can't stabilize, don’t hold onto illusions, a sharp correction may be coming, with the next support looking at 114,630, 113,800, and 112,780.
Old Zhu's viewpoint: The position of 116800 is very critical. If it can't break through, it may easily form a short-term 'double top' or 'M head' pattern, just like the false breakout last Wednesday, where it tricked some people in before crashing. We need to see real money being spent to make it count!
Ethereum:
4400; this position is the lifeline for ETH. Whether it breaks through or not determines how far this wave can go! If it can firmly hold above 4,398 on the 4-hour level, we can expect the upcoming rise, with resistance levels at 4,416, 4,454, and 4,505. But if it can't stabilize? Then the bears will take the opportunity to counterattack, and support levels should focus on 4,277, 4,232, and 4,177.
Old Zhu's viewpoint: Recently, Ethereum has been moving in tandem with Bitcoin but slightly weaker. 4400 is an important lower boundary of a small platform from earlier. If it can't stabilize here, it indicates that the main players have no intention of pushing the price up, and retail investors jumping in would just be catching falling knives. It’s safer to look at the 4-hour chart to avoid being misled by small-scale false moves.
SOL:
188 is the critical line of life and death for SOL! In the next 1-2 hours, if it can steadily break through this price, it may be the final acceleration signal, with target prices of 191, 194, and 198 not far off; if the rebound is weak, then prepare for a correction, with support levels looking at 181, 178, and 173. SOL is very volatile; if it can't stabilize, it will drop quickly, just like a few days ago when it couldn't get above 188, leading to a sharp drop to 181.
Old Zhu's viewpoint: SOL is very volatile, and 188 is a psychological level as well as near previous lows. If it can’t stabilize here, it indicates that bottom-fishing funds do not recognize the current price or that there is too much selling pressure. It’s not as stable as Bitcoin, and the speed of a breakdown could be faster, just like the day before yesterday when it took a long time to get above 188 before plunging to 181.
The levels are fixed, but human sentiment is alive! Brothers, which coin do you think can break through first? Which position is the most dangerous? Quickly tell me in the comments, Old Zhu will guide you through the analysis!
