It's quite similar to yesterday's analysis; after a pullback, it will continue to soar upwards. However, from the perspective of funding rates, the market still does not have the same FOMO as the last time it broke through 100k.
This should not lead to particularly large fluctuations; it should enter a consolidation pattern. Let's see if it will move up or down during this consolidation.There are a large number of liquidation orders around 105,000 within the consolidation zone. In this high position, I think we can wait for a breakout below the consolidation zone or above it before placing a trade.
$BTC Looking back at the past three weeks $BTC market, there has been a pullback of about 10% each week. For now, going long is not a very good opportunity. It is better to wait for a pullback before going long
Friends who want to see more can wait for a pullback to near the middle line of the channel before considering going long, or just violently push up and then chase long (as shown in the picture)
Looking at the short term, if $BTC pulls back to around 10250, it is also an opportunity to go long
From the 1-hour chart, SOL has successfully broken through the 1-hour downtrend channel and returned to a support level above the opening price of the large bullish candle. The risk-reward ratio for a bullish outlook at this position remains favorable.
From the daily line, SOL has formed a downward channel and is currently retracing to the central axis. The 4-hour line also seems to have returned to above the supply area. The profit and loss ratio of bullish signals at this position is relatively good.