Hello everyone, today we will talk about the 14th issue of the morning market analysis
Today's Bitcoin market analysis
The upper pressure is at 107,300
The lower support level is 103,300
Current trend: After a rise and peak, there is a pre-press drop and correction. If it does not break 105,800, it will maintain a fluctuation in the range of 105,800 to 106,500, and if it does not break through 107,300, it will enter a deep correction.
Operation method: Only high-position short positions near 107,000 are allowed for the first position. If the first round of decline does not break 105,800, and there is a second surge, we will decide whether to build positions again at 107,300 based on the situation.
ETH
Upper pressure level: 2520, upper pressure level: 2560
Lower support level: 2300, strong lower support level: 2380
Current trend: A rebound surge after a significant decline, the surge meets resistance and retraces. It maintains a fluctuation in the range of 2418-2468. During this downward adjustment phase, if it breaks below 2420, it will continue to decline and test 2400 again.
Operation: Mainly high shorts, rebound high shorts, high short points around 2472 or 2500
Sol
Upper pressure point: 174
Lower support level: 164, strong support level: 158
Current trend: The Guangdong MA 360 moving average rebounds and pulls up, currently rising, meets resistance and slightly declines for correction, entering a fluctuation and consolidation phase. The fluctuation and consolidation range is from 169 to 173.5, and if it does not break through 173.5 for a long time, it may correct to around 168.3.