Night Market Analysis

BTC

Good evening, brothers. Bitcoin has started to rise again, returning above the 104,000 resistance level. It seems like it's about to refresh the historical record. Every time I see the market about to drop, it ends up being pulled back up forcefully. The pressure of these past few days has been broken as soon as it was mentioned, and short positions are all exiting quickly. It looks like the shorts need to break the previous high for a chance. With such a strong pull, the short-term resistance above is only at 107,000. Breaking that means 109,000 is in play, which would be a historical new high. Let's wait to set up long-term short positions. If you entered a head position at 106,500, you could set a breakeven stop. If it reaches the breakeven stop, continue to enter a head position at 110,000, with a position of 1%, leveraging twenty times. Invest 1% for every 10,000 rise. This strategy is effective in the long term. If this wave fails to break the short-term pressure, play it safely and wait for the daily line to confirm a drop below 103,800 before considering it. Otherwise, such a drop without confirmation can pull you back up at any time. For the short-term support and resistance tonight, continue to refer to 104,000. There is strength above 104,000, and below 104,000, there is strength in the shorts.

ETH

Auntie is fine. The upward strength is not too strong because the daily level clearly shows a bearish trend. The short-term rebound pressure above is at 2540 and 2580. Only if the daily line stabilizes above the 2540 pressure again tomorrow morning does the market have a chance for a second high. If there is no rebound to the upper pressure level tonight, pay attention to the support below at 2426. If the hourly close breaks this position, it means this wave of rebound is over, and the market will continue to decline for a correction, with support targets below at 2330, 2270, and 2160.

SOL

The rebound in SOL is also very weak. Currently, the four-hour chart is still in a bearish trend, with rebound pressure above at 167. At least the four-hour close must break this pressure for the rebound to have strength. The upper pressure levels to watch are 173 and 176. If the four-hour close does not stabilize above 167, the market will look for a downward correction, with support targets below at 155, 145, and 417,669,688,16.