Good afternoon, brothers! After I posted last night, several coins touched the white line position and then dropped. I am sorry, brothers! Next time I’ll draw the white line a bit higher to see if the market gives us some face!
After the major currencies broke the first support level, they started to rebound. BNB precisely reached the second support level. Today during the day, we will see how strong the rebound is; if it can't stabilize above the white line position, it indicates that the rebound won't go up, and we'll look at the previous low during the night for another retest.
Tonight, old Powell will still be speaking, so pay attention. If interest rate cuts are postponed next month, it will be disastrous; a major currency could drop another 10,000 points without it being unreasonable. Those who are long will need to keep an eye on it, and if it really doesn't work out, it’s also fine to enter a short position for a month!
At 8:30 PM, HD XX, prohibited for those under eighteen. Got it, brothers!
Today's market analysis:
$BTC Pay attention to the position 112880 for the major currency today. As long as it doesn't drop below this position on the 1-2 hour level, the 1-2 hour level will start to rebound. Keep an eye on the resistance levels around 113930-114750-115800!
If it breaks below the position 112880 today, then the 1-2 hour level rebound fails, and the market turns bearish. Keep an eye on the support levels around 111945-110520-109040! #BTC走势分析
$ETH Pay attention to the position 4271 for Ethereum today. As long as it doesn't stabilize above this position on the 4-hour level, the 4-hour level will start to rebound. Keep an eye on the resistance levels around 4335-4385-4467!
If it breaks below the position 4271 today, then the 4-hour level rebound fails, and the market turns bearish. Keep an eye on the support levels around 4202-4160-4110! #ETH走势分析
$BNB Pay attention to the position 847 for BNB today. As long as it doesn't drop below this position on the 1-2 hour level, the 1-2 hour level will start to rebound. Keep an eye on the resistance levels around 860-871-884!
If it breaks below the position 847 today, then the 1-2 hour level rebound fails, and the market turns bearish. Keep an eye on the support levels around 833-825-818! #BNB走势
For SOL today, pay attention to the position 182. Only if it stabilizes above this position on the 1-2 hour level can the 1-2 hour level start to rebound. Keep an eye on the resistance levels around 186-190-193!
If it can't stabilize above the position 182 today, it indicates that the small level rebound is weak. If it drops again, keep an eye on the support levels around 179-176-173! #solana
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