Good morning, brothers! A new week has begun. Last week, the price dipped a bit down to the bottom of the weekly sideways zone but then recovered. In the market analysis on the first day of the month, it was mentioned that one could wait to buy around the support levels of 102-1006; the idea of buying low has been given to you brothers. As for whether you brothers got on the train, that is unknown.
This week, focus on the level of 105 on the daily chart. As long as it stabilizes above this level, it indicates that this daily pullback has ended. The upper targets are 1067-1082-11-previous highs. If it breaks below 105 on the daily chart, it indicates that upward momentum is weak, and a daily sideways zone might form. The support levels to watch below are around 103-1003-994. In a normal decline, there are opportunities for long positions at these levels, except in cases of negative news!
Last night, the market maker started to fluctuate again in the middle of the night. Fortunately, the volatility was not large. This spike was already mentioned last night. Today, we will see how strong the pullback is, and one can trade around the bottom and top of the weekly sideways zone.
Today's market analysis:
$BTC Bitcoin started to pull back after breaking the first resistance level at night. Today, pay attention to the level of 105700; only if it stabilizes above this level on the 2-4 hour timeframe will the market continue to rise. The upper resistance levels to watch are around 106478-107740-108850!
If the 2-4 hour timeframe cannot stabilize above the level of 105700 today, then it will start to pull back. The support levels to watch below are around 104925-103800-102830!#BTC走势分析
$ETH Ethereum just reached the first resistance level before starting to pull back. Today, pay attention to the level of 2515; only if it stabilizes above this level on the 2-4 hour timeframe will the market continue to rise. The upper resistance levels to watch are around 2545-2588-2640!
If the 2-4 hour timeframe cannot stabilize above the level of 2515 today, then it will start to pull back. The support levels to watch below are around 2483-2456-2412!#ETH走势分析
$BNB BNB started to pull back after breaking the first resistance level at night. Today, pay attention to the level of 651.2; only if it stabilizes above this level on the 2-4 hour timeframe will the market continue to rise. The upper resistance levels to watch are around 656.2-662.5-668.5!
If the 2-4 hour timeframe cannot stabilize above the level of 651.2 today, then it will start to pull back. The support levels to watch below are around 646.2-642.2-637.4!#BNB走势
SOL just reached the second resistance level before starting to pull back. Today, pay attention to the level of 151.4; only if it stabilizes above this level on the 2-4 hour timeframe will the market continue to rise. The upper resistance levels to watch are around 155-157.8-160.5!
If the 2-4 hour timeframe cannot stabilize above the level of 151.4 today, then it will start to pull back. The support levels to watch below are around 147.6-144-141.5!#solana
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