Last night’s market was truly exhausting and boring; even the rebound felt weak! But Old Zhu didn’t just watch—Bitcoin accurately hit the first support level I mentioned yesterday, and Ethereum was even better, directly hitting the third support! This prediction made even me want to secretly celebrate for a while (of course, on the surface, I still have to remain low-key, haha).
Don't be fooled by the current drops; small-scale rebounds are quietly starting. The market is like a spring; the harder it's pressed, the more fierce the rebound might be—but the key is, can it really bounce back? Or will it just be a false move followed by another collapse? The suspense is here...
Latest sentiment Capital direction:
The market is clearly in a 'bull-bear tug-of-war' period now. Large funds haven't fully moved yet, retail sentiment is somewhat panicked, but don't forget—often when most people are desperate, a rebound is not far off. The USDT premium hasn't fluctuated significantly, indicating that funds haven't escaped on a large scale, more like a technical pullback wash.
Why do I see a rebound in the market logic?
Level symmetry: The 4-hour pullback is already close to the previous low support zone, and volume hasn't expanded, indicating that selling pressure is gradually weakening;
The structure hasn't broken: Bitcoin at 112,000 and Ethereum between 3950–4000 have not been broken, so we are still in a range-bound market, not a trend reversal;
SOL remains strong; as long as it doesn't collapse, market sentiment still has hope.
Short-term strategy: Keep a close eye on key levels
Bitcoin:
Support: 112500 → 110000 (strong support)
Resistance: 114077 → 114973
Watershed: 113269 (if it stabilizes here for 1 hour, the rebound continues; otherwise, it needs to grind further)
Operation: Try to go long near support, stop loss if it breaks 110,000; if it rebounds but doesn't exceed 115,000, consider going short.
Ethereum:
Support: 4060 → 4026 → 3959
Resistance: 4156 → 4195
Watershed: 4133 (if it stands above, go short long; if it breaks, turn to short)
Operation: Light long above 4133, target 4190; if it breaks 4060, be cautious of going to 4026 or even lower.
SOL:
Support: 175 → 173 → 169
Resistance: 182 → 185
Watershed: 178
Operation: If it retraces but does not break 178, go long; if it breaks 175, stop loss; if it rebounds to 182, consider reducing position.
Old Zhu's view:
Don't panic and rush into a full position just because of a drop! Remember: position control is more important than your directional judgment. Set stop losses for every trade; small losses are fine, but being stuck in a big drawdown is what we fear. Right now, it's a volatile market, sell high and buy low, don't be greedy.
To sum up Old Zhu's heartfelt words:
The market won't drop all the way down; opportunities manifest during declines. As long as the key levels haven't broken, I still lean towards expecting a rebound—but once it breaks, we must turn around in time, no holding on, no relying on luck! Timing is more important than being right.
Follow Old Zhu, avoid unnecessary paths, we not only predict accurately but also must act steadily.#加密市场回调