Good evening, brothers. The market has been very volatile today. After a morning rally, there was a small pullback, and then it went up again in the evening before dropping down. I believe you all made a lot of profit, right? When the market is sideways, you say there is no trend, and when it swings up and down, you don't dare to trade. So how are you going to play?
If you really don't understand, then just open a small position for Bitcoin when it drops significantly. Last week, Bitcoin already fell to the bottom of the weekly level sideways. Last week, Old Zhang had predicted that the weekly level would be sideways. If the bottom cannot break, it will definitely rebound upwards. Today, it has already touched the top area of the weekly level sideways zone. If it cannot break through the top, then the small level will pull back. Wait for support levels to go long. As long as Bitcoin does not retrace too much, altcoins will see a wave of catch-up. But if you missed out, don't FOMO, and don't have a narrow mindset!
Market analysis for tonight:
$BTC Pay attention to the 109475 level for Bitcoin tonight. Only if it stays above this level for 1-2 hours will the small-level pullback be considered over, and the market will continue to move up. The resistance levels to watch are around 110650-111330-111960!
If it cannot stay above 109475 for 1-2 hours tonight, it indicates that the upward momentum is weak, and it will continue to pull back or move sideways at the bottom. The support levels to watch are around 108120-106800-105260!
$ETH Pay attention to the 2690 level for Ethereum tonight. As long as it stays above this level for 1-2 hours, a small pullback will also continue to move upwards. The resistance levels to watch are around 2752-2800-2837!
If it breaks below 2690 for 1-2 hours tonight, it indicates that a pullback has started at the 1-2 hour level. The support levels to watch are around 2655-2629-2595!
$BNB Pay attention to the 663 level for BNB tonight. Only if it stays above this level for 1-2 hours will the small-level pullback be considered over, and the market will continue to move up. The resistance levels to watch are around 668-674-678.6!
If it cannot stay above 663 for 1-2 hours tonight, it indicates that the upward momentum is weak, and it will continue to pull back or move sideways at the bottom. The support levels to watch are around 657.8-652.4-648!
Pay attention to the 159 level for SOL tonight. Only if it stays above this level for 1-2 hours will the small-level pullback be considered over, and the market will continue to go up. The resistance levels to watch are around 161.7-164-166.9!
If it cannot stay above 159 for 1-2 hours tonight, it indicates that the upward momentum is weak, and it will continue to pull back or move sideways at the bottom. The support levels to watch are around 156.2-153-149.9!
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