August 3rd Daytime Price Analysis: Good afternoon, brothers. I drank too much last night, and I didn't send out the market analysis. However, the price points from yesterday are still for your reference. Looking at it now, aside from Bitcoin being relatively strong and breaking the first support level from yesterday, other coins have all reached the third support level. If you didn't make money at the third support level, I'll twist your dog's head off. Yesterday, there was a rebound all day without much strength, and it dropped again at night. Today, let's still look for a rebound. If the rebound lacks strength, it will drop again. The first resistance level for Bitcoin today is 114; if it goes up, the next is 116. Only if it breaks 114 can we expect stronger upward momentum; if it doesn't break, be careful of another retest!
Intraday Market Analysis: Today, pay attention to the position of 112900 for Bitcoin. If it breaks below this level on a 1-2 hour timeframe, then this round of bottoming rebound will end, and the market will continue to decline. The lower levels to look for buying opportunities are around 111990-111200-110100! As long as it doesn't break below 112900 today, the 1-2 hour timeframe will still be a rebound market, and you can look for selling opportunities around the upper levels of 114000-115110-115975!
For Ethereum, pay attention to the position of 3412 today. If it breaks below this level on a 1-hour timeframe, then this round of bottoming rebound will end, and the market will continue to decline. Look for buying opportunities around 3366-3320-3276! As long as it doesn't break below 3412 today, the 1-hour timeframe will still be a rebound market, and you can look for selling opportunities around the upper levels of 3480-3535-3593!
For BNB, pay attention to the position of 740 today. If it breaks below this level on a 1-hour timeframe, then this round of bottoming rebound will end, and the market will continue to decline. Look for buying opportunities around 733-726-719! As long as it doesn't break below 740 today, the 1-hour timeframe will still be a rebound market, and you can look for selling opportunities around the upper levels of 752-763-774!
For SOL, pay attention to the position of 159 today. If it breaks below this level on a 1-hour timeframe, then this round of bottoming rebound will end, and the market will continue to decline. Look for buying opportunities around 156-152-150! As long as it doesn't break below 159 today, the 1-hour timeframe will still be a rebound market, and you can look for selling opportunities around the upper levels of 162-169-175!$BTC
August 2nd Daytime Inventory Position Analysis: Bitcoin started to rebound after breaking through the second support level. Today, pay attention to the position of 113600. If it cannot stand above this position in a 1-hour level rebound, it indicates that the rebound lacks strength, and continue to wait for a drop near these positions: 112680-111315-110110! Today, only if it stands firmly above 113600 in the 1-hour level can the rebound begin, and short positions can be waited near these positions: 114350-115110-115975!
Ethereum broke through the fourth support level this morning before starting to rebound. Today, pay attention to the position of 3515. If it cannot stand above this position in a 1-hour level rebound, it indicates that the rebound lacks strength, and continue to wait for a drop near these positions: 3477-3428-3373! Today, only if it stands firmly above 3515 in the 1-hour level can the rebound begin, and short positions can be waited near these positions: 3555-3593-3631!
BNB precisely hit the second support level this morning before starting to rebound. Today, pay attention to the position of 762. If it cannot stand above this position in a 1-hour level rebound, it indicates that the rebound lacks strength, and continue to wait for a drop near these positions: 754-745-733! Today, only if it stands firmly above 762 in the 1-hour level can the rebound begin, and short positions can be waited near these positions: 775-787-800!
SOL broke through the first support level this morning before starting to rebound. Today, pay attention to the position of 164. If it cannot stand above this position in a 1-hour level rebound, it indicates that the rebound lacks strength, and continue to wait for a drop near these positions: 161-158-155! Today, only if it stands firmly above 164 in the 1-hour level can the rebound begin, and short positions can be waited near these positions: 169-175-179!
June 15 Daytime Market Analysis: Good afternoon, brothers. The night market dipped down a bit and then came back up. This kind of 4-hour level fluctuation, if it continues for a few more waves, will lead to a sideways movement at the daily level. Today, during the daytime, Bitcoin is expected to bounce back, looking at the 1161 position above. Only a breakthrough will push it further up; if it can't break through and retraces, then we will look at the previous low of 1042 at night. During the day, trades can be made around this range. Today is the weekend; let's see if there will be a big market move tonight: Bitcoin Resistance Levels 106100, 107000, 108300 Bitcoin Support Levels 104300, 103400, 102600 Ethereum Resistance Levels 2555, 2582, 2610 Ethereum Support Levels 2490, 2465, 2438 Solana Resistance Levels 148, 148, 151 Solana Support Levels 143, 142, 140 $BTC
June 14 Evening Inventory Position Analysis: Good evening, brothers. Today, the small scale has been declining all day, but upon closer inspection, the volatility is actually significant. Bitcoin has dropped over a point, while Ethereum has dropped over two points. The decline in altcoins has been more pronounced due to Bitcoin's downtrend. If the nighttime rebound lacks strength, we may continue to see a downtrend or sideways movement at the bottom. This wave of decline is entirely caused by the ongoing conflict. The war has not yet ended, and the bulls are hesitant to exert strength. However, I still remain bullish on this 'thousand mountains' bull market; it's just a matter of how far this wave of decline can go. If there is a significant drop, don't panic, just take action! Bitcoin Resistance Levels 106000, 107000, 108200 Bitcoin Support Levels 104600, 103800, 103000 Ethereum Resistance Levels 2580, 2610, 2640 Ethereum Support Levels 2520, 2490, 2465 Solana Resistance Levels 148, 150, 153 Solana Support Levels 144, 142, 139 $BTC
June 14 Points Analysis: Good afternoon, brothers. The weekend market has not fluctuated much, and there are no good short opportunities. Let's wait for it to drop to the lower support level to look for long positions. $BTC
June 13 Evening Inventory Position Analysis: Good evening, brothers. Today the market rebounded for a day, with only small incremental increases and not much strength. Only BNB's rebound was the strongest, forming a deep V. Today is Friday, and as long as nothing goes wrong at night and the previous low from the morning spike is not broken, there should be a small rebound over the weekend, followed by a larger level forming a sideways movement at the bottom. If something goes wrong at night and breaks the previous low, that would be disastrous. As long as there are no major negative news, we can still enter long positions with a small amount upon retraction, setting our stop loss at the previous low! Tonight's support and resistance levels remain unchanged from today during the day; everything is as anticipated by Qianshan. Brothers, just check today's resistance and support levels. Wishing everyone a pleasant weekend. $BTC
June 13 Daytime Market Analysis: Good afternoon, brothers. Waking up to a market crash, Bitcoin dropped 5 points, and Ethereum fell by 11 points. As for the altcoins, we all know how much they’ve dropped. However, it must be said that opening the futures account shows an increase in assets, as I originally held a long position at 103 for Bitcoin. As for the losses in spot trading, I believe Bitcoin will rise eventually! Last night, I mentioned that Bitcoin wouldn't rebound above 1088 (highest 1084), and Ethereum wouldn't surpass 2785 (highest 2770) and would still drop. I didn’t expect a significant crash to start in the early hours; it really does feel like we’re using the brothers’ money for this battle. Those who didn’t set stop losses or held large positions are probably feeling the heat. Today, as long as we don’t break the previous low before the spike, we will form a sideways range at the bottom. Whether we go up depends on the strength of the rebound! Bitcoin Resistance Levels 105900, 106900, 107800 Bitcoin Support Levels 102600, 101400, 100800 Ethereum Resistance Levels 2595, 2640, 2666 Ethereum Support Levels 2470, 2433, 2400 Solana Resistance Levels 148, 152, 156 Solana Support Levels 140, 138, 135 $BTC
June 12 Evening Market Analysis: Good evening, brothers! Today, Bitcoin and Ethereum showed a slight downtrend during the day. After last night's price surge, the 4-hour K-line has consecutively closed with 5 bearish candles. Just now, the price broke the first support level and began to rebound. In the financial market, there is no trend that only goes up without going down, nor is there a K-line that continuously declines. If you chased after the price increase last night or just now chased the short, you are likely trapped in a loss situation. As I have always emphasized, in trading strategies, you should either short at the top of an uptrend or wait to go long when the price pulls back to near the support level. Tonight, the market finally welcomed a small rebound, and those who went long may see hope again. However, don't rejoice too early. For Bitcoin, if the rebound cannot break through the key point of 1088, then the subsequent upward space will still be limited; for Ethereum, we need to pay close attention to the price level of 2785. Bitcoin Resistance Levels 108800, 109800, 110600 Bitcoin Support Levels 106600, 105200, 103800 Ethereum Resistance Levels 2785, 2830, 2860 Ethereum Support Levels 2715, 2688, 2655 Solana Resistance Levels 161, 163.5, 165.6 Solana Support Levels 156, 153, 150 $BTC
June 11th Evening Inventory Analysis: Good evening, brothers! Today, Bitcoin has been oscillating up and down within the 4-hour horizontal range. In the night market, we will focus on the bottom and top of this horizontal range. If a breakout is not achieved, the smaller time frame movements are likely to continue small fluctuations within this range. In contrast, Ethereum has shown relatively strong performance, with the recent resurgence of the 'E family army'. Unfortunately, Qianshan has always favored Bitcoin bulls and has not ventured into Ethereum trading. We hope that Ethereum can drive a surge in various altcoins, helping everyone recover their investments in spot trading. Regarding the subsequent movements of Ethereum, the key resistance level above is at 2920. Only with a strong daily close above this level can we expect a further push towards 3000 points. If the breakout is successful, the medium to long-term targets can be set towards the 3400 - 3500 range. However, it is important to clarify that reaching these targets will not happen overnight, and there will be several resistance levels along the way. Therefore, a reminder to everyone: do not blindly chase high prices (FOMO). Setting targets is one thing; achieving them is influenced by various factors. Overall, in terms of trading strategy, we still recommend primarily going long on pullbacks. Bitcoin resistance levels 111300, 111900 Bitcoin support levels 109000, 108200, 106800 Ethereum resistance levels 2880, 2920, 2950 Ethereum support levels 2795, 2755, 2727 Solana resistance levels 168, 171, 173 Solana support levels 163, 160, 175$BTC
June 10th Daytime Inventory Position Analysis: Bitcoin Resistance Levels 110666, 111300, 111100 Bitcoin Support Levels 108000, 106800, 105200 Ethereum Resistance Levels 2728, 2766, 2788 Ethereum Support Levels 2628, 2595, 2566 Solana Resistance Levels 161.6, 164, 167 Solana Support Levels 156, 153, 150 Good afternoon, everyone! With this market surge, are you all feeling exhilarated? The bulls can finally hold their heads high, and today we can finally speak with confidence. Old Zhang has been repeatedly emphasizing the low long strategy during this period, my voice is nearly hoarse. I have previously analyzed that the increase in U's supply is usually a bullish signal. Shortly after yesterday afternoon's USDT supply increase, the market quickly surged, and the speed of this rally caught many friends holding short positions without stop-loss orders off guard. However, fortunately, from a weekly level perspective, the market's fluctuation range is roughly around ten thousand points, as long as one is not an overly aggressive speculator, the account is unlikely to face liquidation. If one were to be liquidated due to this fluctuation, it's time to seriously examine whether their position management is reasonable. Qianshan would like to remind everyone to set stop-loss orders properly. A stop-loss is not merely a trading instruction; it is a key tool to cut off the spread of negative emotions and prevent cognitive biases from leading to uncontrolled decision-making. A reasonable stop-loss can allow us to brake in a timely manner when we misjudge, minimizing losses to the greatest extent. After this significant surge, the market has reached the top area of the weekly consolidation zone. At this point, I do not recommend blindly chasing long positions. From the perspective of short-term minor trends, a pullback is expected. When the market pulls back to support levels, then consider establishing long positions. From the daily level analysis, as long as the pullback does not break below 1055, the bullish trend remains intact. $BTC
June 9th Daytime Inventory Position Analysis Bitcoin Resistance Levels 106500-107800-108900 Bitcoin Support Levels 104900-103800-102800 Ethereum Resistance Levels 2545-2588-2640 Ethereum Support Levels 2485-2455-2410 Solana Resistance Levels 155-158-160.5 Solana Support Levels 147.5-144-141.5 Good morning, brothers! A new week has begun, let's delve into the market dynamics. Looking back at last week's market, the weekly level quickly rebounded after touching the bottom of the consolidation area. In the market analysis on the first trading day of the month, I clearly pointed out that one could layout long positions at the pullback support levels of 102 - 1006, providing everyone with a low entry investment idea. However, whether you seized this opportunity, I cannot say. Learning from history, in a similar market environment, a brother successfully profited from a rebound by using a low entry strategy at the support level. He decisively entered the market when it pulled back to the key support level, patiently waited for the market to reverse, and ultimately achieved asset appreciation. Returning to this week, the daily level needs to focus on the key position of 105. If the daily can hold this position, it will be a strong signal indicating that the daily level correction has come to an end, and the subsequent market is expected to rise, with upper targets looking at 1067 - 1082 - 11 or even previous highs. Conversely, if the daily level falls below 105, it means there is insufficient upward momentum, and the market may enter a daily level consolidation range. At that time, the support levels below can focus on 103 - 1003 - 994, where in a normal downward trend, these positions are good opportunities to layout long positions, but one must exclude the impact of unexpected negative news.
June 5th Daytime Inventory Position Analysis Bitcoin Resistance Levels 106000, 106800, 107800 Bitcoin Support Levels 104000, 103000, 102000 Ethereum Resistance Levels 2650, 2680, 2705 Ethereum Support Levels 2600, 2560, 2520 Solana Resistance Levels 157.8, 160, 163 Solana Support Levels 153, 150.66, 147.88 Hello brothers, good afternoon! Currently, Bitcoin is in a sideways oscillation state, truly wearing down patience. From the 4-hour level, the fluctuation range between the peaks and troughs of the wave is only one or two percentage points. If the operation is slightly delayed, even a 1% profit is hard to secure. In recent days, Ethereum's performance has been relatively bright. Every time the price falls back to the bottom of the sideways area, it will rush up to the first resistance level, or even the second resistance level. In terms of trading rhythm, Ethereum is more operable than Bitcoin, whether it's buying low or selling high, there are opportunities for wave operations. $BTC
June 4th Evening Market Analysis: Brothers, good evening! Today, the market finally experienced a downward trend. However, from an overall perspective, this decline is not significant. Taking Bitcoin as an example, it has once again returned to the lower half of the daily horizontal range. In contrast, Ethereum has shown relative strength, with the current price sliding down to near the bottom of the 4-hour horizontal range. From the analysis of future market trends, if the price further declines tonight, the bottom of the horizontal range will become a key support level. If this support level holds, it is very likely to become the starting point for a subsequent upward trend; conversely, once the support level is effectively broken, the market is likely to enter an accelerated downward trajectory. In the current seemingly calm oscillating market, we need to remain highly vigilant. Because in the B market, a rapid one-sided trend can often suddenly arrive without warning, and its speed can catch people off guard. Qianshan hasn't reminded brothers to take necessary measures when opening positions for a long time: such as reasonably adjusting positions, setting stop-loss orders, etc. Tonight, I just want to mention it briefly; if brothers have any questions, please feel free to raise them in the comments section, and Qianshan is happy to answer. Bitcoin Resistance Levels 105900, 106700, 107700 Bitcoin Support Levels 103800, 103000, 102000 Ethereum Resistance Levels 2650, 2675, 2705 Ethereum Support Levels 2588, 2560, 2525 Solana Resistance Levels 160, 163.66, 167.33 Solana Support Levels 154, 150, 147 $BTC
June 4th Daytime Inventory Position Analysis: Brothers, good afternoon! In last night's market analysis, I mentioned that the key resistance level of that wave of upward trend lies in the previous high from yesterday's morning session. If this position cannot be broken, based on the smaller time frame, it is highly likely that the market will pull back. Just now, Qianshan reviewed the trend of Bitcoin and found that it touched the previous high at night, then precisely revisited the 105070 line this morning, and quickly rebounded upwards. Today, we still need to focus on this key support level. As long as the price does not fall below this position, the subsequent market is expected to continue to rise; on the contrary, if this position is effectively broken, the market may further decline. Taking Bitcoin's 4-hour level wave trend as an example, we can clearly observe that its top is continuously rising, and the bottom is also gradually moving up, presenting a standard upward trend. From the perspective of Qianshan's deduction method, if the weekly level enters a sideways phase next, the current price is still in the lower half of the weekly sideways range. Therefore, we need to focus on the continuity of this upward trend, to see if it can drive the price to break through the central axis of the weekly sideways range and enter the upper half. For example, in past market trends, similar upward trends, if effectively supported at key support levels, often lead to further price increases and breakthroughs of important resistance ranges. Therefore, for the current Bitcoin market, we need to closely monitor the gains and losses at key positions to grasp the changes in market trends. Bitcoin Resistance Levels 106700, 107777, 108800 Bitcoin Support Levels 104000, 103000, 102000 Ethereum Resistance Levels 2648, 2678, 2705 Ethereum Support Levels 2560, 2520, 2475 Solana Resistance Levels 160, 163, 167 Solana Support Levels 154, 150, 147 $BTC
June 3rd Evening Market Analysis: Good evening, everyone! Today's market showed an initial decline followed by a rise, and it remains in a volatile state. From the overall market trend, it accurately retraced to the white line position mentioned during the afternoon trading session. Notably, the support level has not been broken, which is a key signal indicating that the bullish trend in the market continues. Currently, the market has once again entered an upward trend. Looking ahead to the evening market, key resistance levels are focused on the highs reached during the morning's upward movement. If this high point is not effectively broken, short-term technical indicators suggest that a minor pullback may occur. The market can only expect to further expand upward space and initiate a new rising trend if it successfully breaks through the previous high point. Bitcoin Resistance Levels 106500, 107700, 108900 Bitcoin Support Levels 103800, 103000, 102000 Ethereum Resistance Levels 2650, 2675, 2705 Ethereum Support Levels 2555, 2515, 2475 Solana Resistance Levels 162, 165, 169 Solana Support Levels 155, 151, 147 $BTC
Brothers, good afternoon! Last night, Market B experienced a delightful surge, especially ETH which performed exceptionally well after a long period of dormancy, finally having its moment. The price just touched the maximum resistance level and then started to pull back. However, brothers need to stay calm, as this trend is likely just a bottom rebound, so do not be overly optimistic too soon. From the daily perspective, after the price drop last week, it underwent several days of consolidation at the bottom. This prolonged bottom consolidation is worth our close attention; when at a major bottom and the smaller time frame is in a downtrend, it’s best to avoid aggressive shorting, or it could lead to passive losses.