Bitcoin is currently retracing to the 28-day trend line on the daily chart, with three tests of the bottom on the smaller 4-hour chart. The rebound strength is around 2000 USD. The short-term rebound pressure is near 105600, while the bullish defense area is at 103600. A closing price that stabilizes above 104500 is needed for effective stabilization; otherwise, there is a risk of further downward movement.
Ethereum has also tested the bottom several times today, rebounding but not breaking the 2480 range, and the upper rebound has not broken 2550, which is just under the pressure of the 14-day moving average. A breakthrough requires several attempts; there is a chance for a breakthrough. For the smaller timeframe, a range of 2480-2500 can be considered for short-term operations. Overall, Ethereum is slightly stronger in its rebound compared to Bitcoin, including several related coins that I have been paying attention to recently. I recommend focusing on UNI/LDO/ENS/SSV/ENA as these coins have undergone relatively deep corrections, and the current position is quite suitable for building spot positions. Everyone can take note.
SOL's daily trend is adjusting, having consecutively broken important trend lines. The rebound strength is weak, and it is currently consolidating in the 150 USD range. Short-term operations can be considered, but mid- to long-term requires reclaiming above the trend line. Its ecological series of coins are also relatively weak; it is not recommended to pay excessive attention to them at this time. They will need time to consolidate before having a chance to strengthen.
