2025.6.12.Daily Market Analysis
Currently, at the four-hour level, it also shows a correction pattern, the first support at 108300 has also been breached, the remaining correction space below only has one daily defense support at 106300. The suggestion for a buy position is to wait near the support before starting to try, ensure to set a stop loss, if this support is breached, watch for a decline around 105300, the daily rebound pressure above is at 108300-109000. In these two ranges, at least stabilize for one hour above both pressures, then a small increase will be more stable, so before one hour stabilizes above 108300, the market will continue to experience corrections, the rebound strength is not great, do not carelessly open a buy position halfway,
Currently, at the four-hour level, it also shows a correction trend, the pressure above at the four-hour level is at 2785. At least the closing of the four-hour level must once again break this pressure for the market to have a chance to experience a second increase, the target remains at 2860.2910. Currently, it is right at the base of yesterday's support line, we just need to see if the four-hour can break the pressure of 2785, if it cannot, then the market will continue to experience corrections, if breached will see 2745. Watch at 2700.2655. For a safer buy position, one can wait around these two positions before considering,
SOL is currently also right at the base of yesterday's support line around 160, next we just need to see if the rebound can break the pressure of 162, at least must wait for the four-hour closing to break the pressure of 162, only then does the market have a chance to experience a second increase, before the four-hour stabilizes above the pressure of 162, the four-hour level is in a correction trend, if it breaches support of 160 again, pay attention to the daily defense support at 155. For a safer buy position, one can pay attention around this support.
