BTC.ETH.SOL.BNB Night Market Analysis
BTC
Good evening, brothers. Tonight this CPI has brought a slight favorable effect, pushing Bitcoin up. Currently, Ethereum is leading the trend, continuously rising. The Bitcoin trend is relatively weak, but at the moment, the smaller timeframes are still in a bullish pattern. Key attention should be given to the 109500 level tonight. If the one-hour close does not break below this level, the bullish pattern remains, and we can continue to look at the upper target pressures of 110600 and 111800. In the case of a second push higher, I suggest starting to try short positions near the pressure around 111800, or more conservatively in the 113000-115000 range. If the one-hour close drops below 109500 tonight, it indicates that the smaller timeframe will need to explore further downwards, and the short-term upward momentum will weaken. The support targets below are 108300 and 106300. For a more cautious approach, pay attention to the area near 106300.
ETH
Ethereum remaining high indicates strength. The resistance at 2860 has been broken, with the next resistance around 2910. Short positions can be attempted near this resistance, with a stop-loss at 2950. If it breaks above 2900, reaching 3000 should not be a problem. Therefore, brothers holding short positions should control their forced liquidation above 3000. The smaller timeframe support to watch for tonight is 2800. If this level is broken, only then will the smaller timeframe start to pull back. The support levels for the pullback below are 2758 and 2700.
SOL
SOL's rise is somewhat weak, as funds have flowed to Ethereum, resulting in a lack of upward momentum. The initial support to watch for a pullback is at 163. If this level is not broken, the market will be in a range-bound state with bullish oscillation. The upper target pressures are still at 175 and 180. A conservative short can be attempted in this pressure range. Only if 163 is broken will this market have a significant pullback. The support targets below can be seen at 160 and 155.
BNB
BNB is in a bullish oscillation on smaller timeframes. The pullback support is at 668. If this level is not broken, the bullish pattern remains intact on the smaller timeframe. The upper target pressures are at 677, 685, and 690. If the one-hour close drops below 668, the bullish pattern on the smaller timeframe will deteriorate, and the market will look for a pullback. The support targets below are 663, 658, and 606.