Good evening, brothers. Today was another day of ups and downs. During the day, there was a rise, but just now, a bearish candle wiped out all the gains from the day. It feels like that... half an hour of foreplay just for a few seconds in the end. The market reversed too quickly, and those who didn't close their long positions are feeling the pain!
Currently, Bitcoin and Ethereum are in the fifth wave of decline. If Bitcoin declines further, watch the range of 1127-1118. For Ethereum, there is a significant support level around 4160-4140. If this range can't hold, we might see 4000.
Nighttime market analysis:
$BTC For Bitcoin, watch the position of 114760 during the nighttime rebound. Only if it stabilizes above this position for 1 hour can the rebound begin. The resistance levels above are 116800-117880-118560 in the nearby areas!
If the nighttime rebound can't hold above the position of 114760, it indicates that the rebound lacks strength. The first target for the next decline is the previous low of 113510. If it breaks, watch the support levels below: 112750-111860-111100 in the nearby areas!
$ETH For Ethereum, watch the position of 4245 during the nighttime rebound. Only if it stabilizes above this position for 1 hour can the rebound begin. The resistance levels above are 4305-4345-4400 in the nearby areas!
If the nighttime rebound can't hold above the position of 4245, it indicates that the rebound lacks strength. Watch for the support levels below: 4161-4110-4060-4010 in the nearby areas!
$BNB For BNB, watch the position of 840 during the nighttime rebound. Only if it stabilizes above this position for 1 hour can the rebound begin. The resistance levels above are 848-853-858 in the nearby areas!
If the nighttime rebound can't hold above the position of 840, it indicates that the rebound lacks strength. The first target for the next decline is the previous low of 830. If it breaks, watch the support levels below: 825-819-811 in the nearby areas!
For SOL, watch the position of 180 during the nighttime rebound. Only if it stabilizes above this position for 1 hour can the rebound begin. The resistance levels above are 183-185-190 in the nearby areas!
If the nighttime rebound can't hold above the position of 180, it indicates that the rebound lacks strength. Watch the support levels below: 177-173-170-167 in the nearby areas!
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