BTC Market Analysis:
Good afternoon, brothers! Here we go! Bitcoin successfully dipped to the monthly support level around 76500 last night! Although this drop is fierce, don't celebrate too early! This drop may continue later, but there is strong support below, and this level of support is really hard to break! So everyone, this drop can be initially defined as a corresponding bottom! As long as the market stabilizes around 76500, a long position can still be considered! The upper resistance to look at is first at 81000, 82500, 84000, and as long as today’s four-hour close can break through 81000, there will be signs of stopping the decline! For those who missed the opportunity, if you can stabilize around 76500 during the second dip, you can also try a long position! However, this time, control the position well, just keep it slightly larger around 75000! As long as the market can hold the support level, there will be room for further positioning!
ETH Market Analysis: Auntie didn't reach 1600, but started to rebound from 1750! Pay attention to the position at 1860 when it retests the support line on a smaller time frame! As long as the market does not break this position on the pullback, the rebound will continue! The resistance for the rebound is first at 1990, 2080, etc., and as long as the four-hour close does not break 1990, the market will continue to rebound! If the hourly close falls below 1860 again, then we have to say goodbye to this rebound! Long positions can be temporarily abandoned, continue to pay attention to the lower support levels at 1750, 1600, etc.! As long as the market holds the support level, there will be room for further positioning!
SOL Market Analysis: SOL has just dipped to the support level of around 110 given last night and started to rebound! If it does not break the position of 121 on the pullback, the market will continue to rebound! The resistance for the rebound is first at 125, and at least a four-hour close must break this position to show signs of stopping the decline! The upper resistance to watch is at 132, 140, etc.! As long as the hourly close cannot hold 121, the market will continue to fluctuate! Pay attention to the lower defensive support level at 112! Here, you can continue to attempt a long position, just keep it slightly larger around 110!
BNB Market Analysis: BNB has bounced back after a second dip to the support around 500! Pay attention to the position at 121 when it retests the support line on a smaller time frame! As long as the market does not fall below 121, the resistance for this rebound will be between 134-148! If the hourly close can break through 121, then a long position can be considered! As long as the market holds above 121, there is room for further positioning! The upper resistance to look at is at 134, 148, etc.! As long as it does not fall below 121, there will be opportunities ahead!
