BTC, ETH, SOL, BNB. Nightly Market Analysis

BTC

Good evening everyone. The weekend market hasn't seen much movement. Strong players are strong, weak players are weak. Bitcoin's performance is sluggish. I'm a little skeptical about whether this wave can break higher. So, I'd like to remind everyone not to chase highs too frequently. After all, Bitcoin hasn't broken through the daily resistance today. We're not afraid of Bitcoin's rise, but we're afraid of it falling, dragging other coins down with it. Currently, Bitcoin's only remaining support is 114,800. The four-hour chart must not fall below this level to allow the market to reverse higher. For those who are more cautious, it's best to wait for the daily chart to stabilize at 116,500 before considering long positions. This will give them a chance for a second rally to around 120,000. If the four-hour chart falls below 114,700 tonight, bulls can abandon their positions. This rebound is over, and the target is 113,600-112,500. For conservative long positions, keep an eye on this range.

ETH

The concubine is as steady as an old dog. With too many trapped shares below, it's natural for the price to fall. If it doesn't, we'll see a minor pullback tonight, targeting 4670. Only if it breaks below this level will the market fall. Targets are around 4570 and 4480. A cautious buy position is recommended around 4480. If it breaks through 4770 tonight, the market will experience a second surge. Target resistance is around 4830 and 4880. Either wait for a pullback to the surge, or wait for a pullback to support before entering a long position. Forget about prices in between; you can't win.

SOL

SOL is currently moving in a minor direction. Falling back, support is expected at 195, 190, and 187. Long positions are recommended around 190. Secondary resistance is at 205 and 210. Defensive resistance is at 220.

BNB

BNB remains unchanged, maintaining a bullish trend. Support is at 876. A break below this level could see support at 855. As long as these two levels remain intact, the bullish trend remains. At the very least, a break below the 876 level would indicate weakness. #BTC☀ #ETH🔥🔥🔥🔥🔥🔥 #solana