BTC.ETH.SOL.BNB.Night Market Analysis
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BTC
Bitcoin is still in a state of fluctuation, with a tug-of-war between bulls and bears, oscillating around the four-hour resistance at 83,500. There is no clear direction for opening positions; we must wait for the four-hour close to break the 83,600 resistance for bullish momentum to strengthen, which could lead to another attempt at the 85,300 resistance. Only if the four-hour stabilizes at 83,500 can we attempt to catch a rebound. Near 85,000, it’s advisable to reduce positions or exit. For a conservative short position, it’s recommended to wait in the 86,500-87,500 range.
Note ⚠️ Do not blindly go long before the four-hour stabilizes at 83,500. Bulls are unstable and can be pushed down at any time. You may wait near the following three positions: 1% position at 80,000, 2% position at 78,200, and 3% position at 76,600, with a target of 87,500 and 91,000.
ETH
Ethereum is currently in a four-hour rebound trend, but it is still in a sideways range without fluctuations. Only breaking through 1,960 will lead to a bullish trend. The upper targets are around 2,000 and 2,150, while the lower support at the bottom of the sideways range is 1,820. As long as this position is not broken, the market will not test again. This can serve as bullish defensive support. If it breaks, wait in the range of 1,750-1,650.
SOL
Solana has upper resistance at 130. Do not blindly go long before the four-hour close breaks 130. The rebound lacks strength. Pay attention to three positions below: 120, 115, and 110. For the market to rise, at least the four-hour level must close above 130 for the rebound strength to be significant. Upper resistance can be seen at 136, 145, and 150.
BNB
Binance Coin surged to the resistance of 642 in the afternoon and then began to move sideways. This resistance is indeed a major level and still requires time. However, the bullish momentum is not strong enough to short. It’s suggested to short in the range of 660-680 on a pullback. For support below, watch the two positions at 619 and 612. Only if the four-hour closes below these two positions will the upward strength weaken, with defensive support at 584.