Can't find the market direction? Don't know how to start? Come take a look. Free analysis of BTC, ETH, and SOL.

First conclusion: You can boldly trust Fibonacci.

1. Last night, Bitcoin's short position at 86777 was missed by $300; I went to bed too early and didn't keep an eye on the market, what a pity.

Using the large range of 887～744 to draw Fibonacci, why did it rebound around 832? Why did it show a bearish candle around 853?

You might want to look into 0.236 and 0.382.

How is Bitcoin moving now? As long as it breaks below 832 on the 4-hour chart, the 0.5 Fibonacci level at 816 has already been tested 3 times; I think it can be used once more.

What if it breaks below? There's no reason not to take a chance at 0.618's 799, right?

Conclusion: If it doesn't go up to 853 this evening, go short with a target of 816. If it breaks below 832 on the 4-hour chart, you can short, and for a conservative strategy, go long at 816 with targets of 852, 867, and 885. A stop loss of 500 points is enough.

2. For ETH, using 1384～2104 to draw Fibonacci, it's clear that the 0.618 level at 1660 is a significant resistance for Ethereum, not something that can be surpassed in just two or three tries.

If it drops below 0.786 at 1539 on the 4-hour chart, there are two supports below: 1500 and 1482. For those still holding short positions above 1600, consider taking profit or reducing positions at 1482.

Only if it breaks through on the 4-hour chart, or has a volume breakout on the 15-minute chart at 1660, can we see 1744 and 1829.

3. For SOL's Fibonacci range, it's 178～95. If it drops below 0.618 at 127.1 on the 4-hour chart, there is only one major support at 113 below.

It should not reach that point in the short term; it may happen next month due to significant inflation issues in the U.S.

Below supports are at 122.4 and 119.2; if you want to go long, a conservative strategy could be to set a buy order at 119.2. You can also place orders in batches at these two levels, with a stop loss if it drops below 119.

SOL can only see 146 if it breaks through 136.5.

That's all for now; you can draw Fibonacci based on the ranges I mentioned and ponder it yourself. Drawing Fibonacci on Binance is not very convenient, but as long as you understand it, that's fine.

Alright, that's all for now.