Bitcoin, Ethereum, SOL, Evening Analysis

Before the analysis, let’s mention that yesterday's evening analysis indicated that Bitcoin would continue to decline, with key support levels to watch being 114500 and 113500. This morning, as the weekly line closed, it began to drop, directly breaking through 115000 and hitting around 114000. It quickly plummeted, breaking through 113000 and falling to 111500. In just one morning, Bitcoin dropped over 3000 points. This wave of selling was quite fierce, taking out many bulls, with many getting liquidated.

1: #BTC Bitcoin's current trend shows strong resistance at 113500 above. If it breaks, watch for 114700. Below, focus on 112200 and 111500. If it breaks below the key support at 110000, it may touch 108000. The operational advice is to focus on high shorts if it can't rebound above 113500. Set a stop loss at 114000. For low longs, it is not recommended to enter yet; you can only engage in very short-term trades to catch rebounds, unless there is a volume spike like this morning for a quick drop rebound, in which case, remember to take profits if it can't hold at the highs.

2: #ETH Ethereum is dropping even harder today. After closing the weekly and daily lines at 8 AM, it started to decline, falling from a high of 4450 to 4250, a drop of 200 points before rebounding. It rebounded to 4310 but couldn't hold and then started to accelerate downwards, dropping to 4000, a decrease of 280 points, before quickly rebounding. This means Ethereum dropped 450 points from high to low today, with a drop rate of 10%. Later, it rebounded to a high of 4220, gaining 220 points. However, during this rebound, I easily called for buying Bitcoin at lower prices but didn't manage to catch the lowest point.

Currently, Ethereum’s upper resistance levels are at 4220, 4250, 4300, and 4350. Initially, focus on 4220 for rebounds. If it can't break above, continue to look for downward movement. If it goes above, watch for the 4300-4350 levels. Below, focus on key support levels at 4130, 4080, and 4000. If it breaks below, those holding long positions should decisively stop loss.

3: #SOL SOL started to decline from a high of 237, initially dropping to 230 before rebounding. It rebounded to 235 but couldn't hold and began to drop again, breaking below 230, and plummeting to 212. Today, from its high, it has dropped 25 points, then rebounded to 225 but couldn't stabilize and began to consolidate downwards.

Currently, SOL's upper resistance levels are at 225 and 230. If it breaks 230, continue to look for upward movement. Below, support is at 218 and 212. If the bulls' defense at 210 breaks, stop loss decisively. If Bitcoin can't break above, SOL itself is unlikely to rise independently, so anyone holding long positions should remember to take profits if the rebound cannot hold.