Brothers, happy May Day! The short holiday is here.
The daily level of the pancake has been in a top horizontal range for over a week. Currently, we are just waiting for it to break out of the top and bottom of the daily level horizontal range. If the top is broken, we need to pay attention to the pressure range above 98500-99500. If the bottom of the horizontal range is broken down, we need to focus on 89500-88400 below.
To break through the top and bottom of the daily level, there must be very strong and powerful emotions; otherwise, it will still be in a wide range of fluctuations in the horizontal area like last night. The key points of the horizontal range have been emphasized countless times in the past few days, and I believe everyone is aware of them.
Now let's analyze today's market conditions in detail. For BTC, focus on the position 94500. As long as the 4-hour level does not break this point, it is likely to continue upwards. The resistance levels above are 95700, 96900, and around 98500.
Conversely, if today the 4-hour level breaks 94500, then the 4-hour level will start to decline, indicating a lack of upward momentum. At this time, we need to pay attention to the support levels below, which are around 93500, 92800, and 91600.
Are you stuck? When to buy the dip? Still the same old saying, if you are confused and helpless and don’t know what to do, click on the avatar to comment. I need followers, you need references.
I will continue to ambush strong coins, if you want to follow the strategy 🚙: 111
Focus for the day: ETH BTC SOL