Good afternoon, brothers. Bitcoin and Ethereum have been consolidating at high levels overnight. The first resistance level has been touched and then dropped, indicating that the selling pressure above is still quite significant. If it can't break through, then it will pull back. Continue to pay attention to the 949 position; this position is the high point of the daily level rebound after Bitcoin first dropped to 78200. Whether it can continue up depends on whether it can break through this position.
Currently, this wave of daily level rise in Bitcoin is almost over, and there is a need for a pullback. It is expected to enter a daily level top consolidation next. Of course, if it hasn’t started yet, then look at the 4-hour consolidation area. If it breaks below the bottom of the consolidation area, it will continue to pull back. You can wait for support levels below. Those who like to short can keep an eye on the previous high position!
Today's market analysis:
$BTC Today, pay attention to Bitcoin at the 92900 position. If it cannot close above this position on the 4-hour level today, then the 4-hour level will start to pull back. Pay attention to the support levels around 91880-90875-89720!
Today, for the market to go up, the 4-hour level closing must be above 92900. Only if it closes above this position can this wave of correction be considered over. Continue to pay attention to the upper resistance levels around 93880-94900-96230!
$ETH For Ethereum, pay attention to the 1770 position today. If it cannot close above this position on the 4-hour level today, then the 4-hour level will start to pull back. Pay attention to the support levels around 1742-1714-1690-1666!
Today, for the market to go up, the 4-hour level closing must be above 1770. Only if it closes above this position can this wave of correction be considered over. Continue to pay attention to the upper resistance levels around 1805-1837-1866!
$BNB BNB is currently consolidating at the bottom on the 4-hour level. Today, pay attention to the bottom of the consolidation area at 601. If it breaks below this position on the 4-hour level today, then it will enter a downtrend. Pay attention to the support levels around 594.4-587.2-581.5!
Today, for the market to go up, the 4-hour level closing must be above 608 (the top of the consolidation area). Only if it closes above this position can this wave of correction be considered over. Continue to pay attention to the upper resistance levels around 614-620-626.6!
For SOL, pay attention to the 149 position today. If it cannot close above this position on the 4-hour level today, then the 4-hour level will start to pull back. Pay attention to the support levels around 146.8-143.4-140!
Today, for the market to go up, the 4-hour level closing must be above 149. Only if it closes above this position can this wave of correction be considered over. Continue to pay attention to the upper resistance levels around 151.3-154-156.5!
[Bringing you the latest market analysis and precise entry points daily, for your reference]