Good evening, brothers. This weekend has come to an end. The market has been rising for an entire week. No matter what spot you hold, you should have made a profit. The market has been a bit FOMO these days, but I am not getting too anxious. Let's calm down and wait for a pullback.
Bitcoin surged again tonight. Not sure if it's due to the weekend or something else, but it didn't break the previous high and just pulled back a bit. Bitcoin pulled back slightly while other coins dropped by 3-5 points. If Bitcoin wants to surge again, we look at the previous high. If it cannot break the previous high, it will pull back. Only if it breaks the previous high of 105 will a new wave of increase start!
Night market analysis:
Pay attention to the position of 104 for Bitcoin tonight. As long as it holds this position at a small level, the market will continue to rise. Then we look at the previous high of 104980. If it breaks above, then we look at the levels around 105750-106400-107255!
If the previous high during the night cannot be broken and drops below 104, the 1-hour level will start to pull back. Pay attention to the support levels around 103330-102350-100950!
Pay attention to the position of 2520 for Ethereum tonight. Only if it holds this position for 1-2 hours will this hourly pullback end, allowing the market to continue rising. Pay attention to the resistance levels around 2560-2605-2660!
If the 1-2 hour level does not close above 2520 during the night, the market will continue to pull back. Pay attention to the support levels around 2457-2381-2320!
Pay attention to the position of 660 for BNB tonight. As long as it holds this position for 4 hours, this 4-hour pullback will end, and the market will continue to rise. Pay attention to the resistance levels around 668.2-679.5-684.6!
If the 4-hour level does not close above 660 during the night, the market will continue to pull back. Pay attention to the support levels around 648.7-640.4-631.3!
Pay attention to the position of 174.3 for SOL tonight. As long as it holds this position for 1-2 hours, this minor pullback will end, and the market will continue to rise. Pay attention to the resistance levels around 117.6-180.3-186.8!
If the 1-2 hour level does not close above 174.3 during the night, the market will continue to pull back. Pay attention to the support levels around 168.8-164.5-161.3!
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