Good morning, today's focus is on the retracement situation and its intensity. Bitcoin previously surged to 101880 and encountered resistance above. The inflow of funds was significant during yesterday's rebound, showing strong momentum towards the previous high of 104600. Friends holding short positions may consider appropriately reducing positions when Bitcoin retraces to the 100,000 round number, and be sure to manage your positions well, as subsequent market conditions may put short sellers in a difficult situation, and decisively stop loss if necessary.

Market Analysis

$BTC The overall trend is upward, with minor cycles encountering resistance and retracing. After the retracement, it is recommended to go long, and shorting is not advised. If it can stabilize above 102000 today, it is likely to challenge the previous high. The upper resistance levels are 101500, 103700, and 107000 in order; if the closing price at 12 o'clock is below 101500, the market will slightly retrace, with support levels at 99100, 98300, and 96200. Considering yesterday's fund inflow and K-line performance, the market outlook is bullish.

$ETH When rebounding near 3949, it will face resistance, which is the previous neckline level. Investors holding long positions may take partial profits. If it can stabilize above 3840, the market will continue to be bullish, with upper resistance levels at 3840 and 3949; if it fails to stabilize at 3840, the market will retrace, with support levels below at 3760 and 3500, where one can look for short-term long entry opportunities.

$SOL Compared to the new public chain Sui, it is slightly inferior. For another breakout, it needs to first break through the resistance level of 230, with upper resistance levels at 231, 246, and 264. If the closing price at 12 o'clock cannot break through 231, the market will retrace downwards, with support levels below at 216 and 203, where one can consider accumulating positions in batches if it breaks below.

Doge continues to focus on positive news on the 20th of next month. Prices below 0.4 can be considered low-priced chips. Pay attention to the resistance above 0.42 at noon; if it can break through and stabilize, the upper resistance levels are 0.447 and 0.484; if it fails to break through 0.42, the support levels below are 0.393, 0.364, and 0.342, and one can consider accumulating positions at lower prices.