Bitcoin, Ethereum, SOL, today's market interpretation
1: #BTC The big coin surged to 117200 yesterday and retraced to around 115500 before starting to consolidate. Later, when the Federal Reserve announced the interest rate, it dipped to around 114600 and began to rebound. This morning, it rebounded to a high of around 117000 before retracing, and the lowest point was again around 116000, after which it continued to rebound. Currently, the highest rebound has reached 116800 before starting to retrace.
Currently, the big coin is focusing on the upper resistance at 117500. If it goes higher, the next level is 118500. For those who want to short, 117500 can be a gamble, and if it goes higher, 118500 can be a gamble as well. If it breaks 119000, stop-loss must be applied, and we cannot short indiscriminately. If it retraces, look to buy. The lower focus is on 116000, 114500, and 113500. If it retraces down to 113500 without breaking it, we can look for a rebound.
2: #ETH The secondary coin dipped to 4400 yesterday and began to rebound. The first wave of rebound reached around 4500 before it dropped again. The lowest point was around 4430 before starting to rebound again, reaching 4530 before dropping to around 4480 to initiate a second wave of rebound. This wave of rebound broke through the key resistance at 4550, and currently, the highest point has reached 4630 before starting a small retracement and consolidation. Ethereum has a chance to reach below 4700 today; as long as it does not drop below 4550 during the retracement, we can continue to look for upward movement. For smaller levels, focus on 4580; if it does not drop below during the retracement, aim for profit-taking around 4650-4680.
3: #SOL Still quite strong, it retraced to around 233 yesterday before starting to rebound, and the highest point reached around 247. It was just a few points away from 250, which is the key resistance. If it breaks through, look for 260. The lower support levels are 237, 233, and 230. Currently, I do not recommend chasing the rise; wait for a retracement below 237 before considering building a position to catch the rebound.
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