Good afternoon, brothers. The rise during the night was quite nice, especially Ethereum, which finally showed some strength after being criticized for a long time. It just happened to reach the fourth resistance level and started to pull back. But brothers, this wave is just a rebound from the bottom, so don’t celebrate too early. You can see that after coming down last week, the daily chart has been consolidating at the bottom for a few days. When the bottom consolidates for several days, you need to pay attention. Try not to chase shorts while the larger timeframe is at the bottom and the smaller timeframe is still falling. This was specifically emphasized in last night's live stream!

Many brothers believe that the market makers intentionally cause liquidation for the large whales, making it seem like they explode when they go long and rise when they go short, as if they are being targeted by the market makers. Doesn’t that feel similar to when you open a position? In fact, this is due to not understanding the market rhythm. If you had watched Lao Zhang's live stream, he wouldn't have opened a long position at the top, nor would he have been liquidated.

Let’s review: After such a significant rise, wanting to open a long position at the top is a classic case of FOMO. After a long position was liquidated last night, you reversed and opened a short. Isn’t this short position at the bottom of a larger timeframe? Opening a short at the bottom is reminiscent of your previous self. Many people are either long or short every day, getting lost in candlestick charts, itching to open a position for every candle. If you understand how to read the market, you’ll have a god's-eye view. If you’re only thinking long or short, you’re just a retail trader; even the whales are losing money, let alone you. So, brothers, focus on deepening your understanding, reviewing, and summarizing!

The market has already surged during the night. Today, let’s look for a pullback on a smaller timeframe. If it reaches the bottom support and doesn’t go lower, the smaller timeframe will still bounce back. Focus on the top and bottom of the consolidation area on the daily chart!

Today's market analysis:

$BTC Bitcoin today is testing the 104840 level. As long as the 4-hour level does not break below this level, a minor pullback will still lead to a rise. Pay attention to the resistance levels around 106480-107740-108850!

If the 4-hour level breaks below 104840 today, then this 4-hour rebound will have failed. Pay attention to the support levels around 103720-103030-102050!

$ETH Ethereum today is testing the 2587 level. As long as the hourly level does not break below this level, all timeframes are still in the bullish trend. Continue to rise, and pay attention to the resistance levels around 2627-2648-2673!

If the hourly level breaks below 2587 today, then the hourly level will start to pull back. Pay attention to the support levels around 2555-2515-2474!

$BNB BNB today is testing the 666 level. As long as the hourly level does not break below this level, all timeframes are still in the bullish trend. Continue to rise, and pay attention to the resistance levels around 672-678-685!

If the hourly level breaks below 666 today, then the hourly level will start to pull back. Pay attention to the support levels around 661-655-650!

SOL today is testing the 158 level. As long as the hourly level does not break below this level, all timeframes are still in the bullish trend. Continue to rise, and pay attention to the resistance levels around 162-165-169!

If the hourly level breaks below 158 today, then the hourly level will start to pull back. Pay attention to the support levels around 155-151-147!

[Daily updates on the latest market analysis and precise entry points, for everyone's reference. Transaction fee discount code: BNB789]