Woke up and BNB shot straight up. This morning, BNB once again set a new historical high, great news, brothers. This morning, there was basically a surge. Bitcoin reached the first resistance level, while Ethereum and SOL approached the second resistance level and began to pull back. Today, pay attention to the white line position I provided; as long as the pullback does not break, it will still go up.
As long as Bitcoin's pullback does not fall below the previous low, this daily level pullback will end. Once the two resistance levels of 1158-1168 are broken, the small-level trend will reverse into a bullish trend. The lower level of 1118 is temporarily out of sight. If it falls, look lower; if it rises, look higher?
As long as the expectation of interest rate cuts remains, it won't drop much. Market analysis and live streaming are not just to boost brothers' confidence for nothing. To see a significant drop, there are two factors: no interest rate cut this year or a delay in the cut. Only these two factors could lead to a major crash; otherwise, this decline is just a normal and reasonable pullback!
Today's market analysis:
$BTC Pay attention to the position of 113825 for Bitcoin today. As long as the 1-2 hour level does not fall below this position, a small level pullback will still lead to an upward movement. Keep an eye on the resistance levels around 114750-115800-116800!
If it breaks below 113825 today, the 1-2 hour level will start to pull back. Pay attention to the support levels around 112500-111860-110520!
$ETH Pay attention to the position of 4277 for Ethereum today. As long as the 1-2 hour level does not fall below this position, a small level pullback will still lead to an upward movement. Keep an eye on the resistance levels around 4335-4385-4467!
If it breaks below 4277 today, the 1-2 hour level will start to pull back. Pay attention to the support levels around 4220-4160-4110!
$BNB Pay attention to the position of 871 for BNB today. Only if it stabilizes above this position can this pullback be considered over, and the market will continue to rise. Keep an eye on the previous high of 884 as a resistance level.
If it cannot stand above the position of 871 today, the 1-hour level will continue to pull back. Pay attention to the support levels around 857-845-835!
Pay attention to the position of 185 for SOL today. As long as the 1-2 hour level does not fall below this position, a small level pullback will still lead to an upward movement. Keep an eye on the resistance levels around 190-193-195!
If it breaks below 185 today, the 1-2 hour level will start to pull back. Pay attention to the support levels around 182-178-176!
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