Crypto Market Carnival Night: Bitcoin, Ethereum, SOL Trend Analysis and Operation Guide
Brothers, the crypto circle is completely boiling tonight! Bitcoin has strongly broken through the $100,000 mark, with a single-day increase reaching the highest in recent months, a true carnival for the entire crypto market!
Clearly, the market has already released strong signals for interest rate cuts in the second half of the year, yet some still go against the trend and short-sell, ultimately reaping the bitter fruits. This again verifies: In the crypto market, losing money always has its traces, and making profits must have its logic; if you want to continue profiting in this challenging field, you must maintain respect for trends and clarity regarding risks. Although the market is surging now, the more fervent the market sentiment (FOMO), the more rational one must remain—after all, there is no market that only rises without falling, nor a one-sided K-line.
Nighttime Market Analysis and Key Operation Points:
1. Bitcoin (BTC): Pay close attention to the key support level of 99,700. If the price holds this level during the retracement, it means the bullish trend remains strong, and there is hope to challenge the previous high of 101,485; once successfully broken, the upper resistance levels will test 102,445 and 103,850 sequentially. Conversely, if a small-level retracement fails to break the previous high and falls below 99,700, a one-hour level adjustment will start, with subsequent support levels at 98,690, 97,730, and 96,850, and operational strategies need to be adjusted in a timely manner.
2. Ethereum (ETH): Ethereum needs to closely monitor the 2,000 support level at night. As long as the price holds this level during the retracement, the bullish trend will continue, targeting the previous high of 2,070; if successfully broken, the upper resistance levels will sequentially be at 2,105, 2,152, and 2,195. If it encounters resistance at the previous high and falls below 2,000, a one-hour level adjustment will commence, with subsequent support levels moving down to 1,953, 1,895, and 1,855, and it is recommended to closely monitor the breakout signals and set strict stop-loss orders.
3. SOL: The key support level for SOL at night is 157.3. If it does not fall below this level during the retracement, the bullish momentum will continue, with the initial focus on the previous high of 163.2; after breaking through, the resistance levels will sequentially be 166, 170.5, and 174.4. If the previous high fails to break through and falls below 157.3, a one-hour level adjustment will start, with the subsequent support levels at 154.4, 150.8, and 148, and operationally one must respond cautiously to avoid chasing up or panic selling.
During market carnival moments, one must remain calm! It is recommended to closely monitor the breakout situations of key support and resistance levels for each cryptocurrency, strictly control positions, and reasonably set stop-loss and take-profit levels. Wishing everyone ideal returns in rational investing!
