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Today's market analysis
BTC
Good afternoon, brothers, the night pie once again out of the small level of rebound, rushed up to the time I gave the brothers last night above the daily pressure of 106000-7000 this range, began to fall, that is to say, the daily level of the pie or the callback trend of the daily line did not stabilize, the current one-hour level broke again, it depends on the lower four-hour level support 105000 position, can it fall below again, If today's four-hour level closing line falls below 105000 again, it means that this wave of four-hour level rebound is over, the market will go down again, below the target support 103600.103000.break to see near 102000, before the four-hour closing line does not fall below 105000, the market wants to continue to rebound to pay attention to the one-hour level pressure of 105500.
ETH
The rise of the concubine this time is quite fierce. Last night's rebound directly broke through the 2570 resistance and surged to around 2650. This morning, the daily line closed directly above the daily resistance, and currently, the daily level is showing a bullish trend. However, the daily Bitcoin chart is still in a bearish pullback. Even if the pattern looks good, it might be dragged down by Bitcoin. The first support to watch for a pullback is 2587. If the hourly close breaks below this level, it will indicate the start of a pullback at the hourly level, with the next support at 2554. As long as it does not break below these two levels during the pullback, its bullish pattern remains intact, with upper target resistances at 2650 and 2670. If today’s four-hour close breaks below 2554, it will mean that this four-hour rebound has ended, and the market will once again trend bearish, with lower target support remaining at 2460, 2350, and 2300.
SOL
The SOL daily level is still bearish. Last night's rebound just managed to reach the pressure near 161. Currently, the small-level rebound strength is still under pressure, continuing to look at 161. A breakthrough would indicate a target near 166. If the one-hour level closes below 157.6, it means the one-hour bullish trend is weakening, with support below at 155.5. If the four-hour level closes below this position, it indicates that this rebound has ended, with the next target support continuing to look at 150, 145, and 140.
Short-term six key points:
🔹 High position sideways often leads to new highs, while low position fluctuations are likely to explore the bottom again.
🔹 Do not operate during sideways periods; wait for the direction to be confirmed before taking action.
🔹 Enter on bearish lines, exit on bullish lines; observe the candlesticks to maintain rhythm.
🔹 Slow declines lead to slow rebounds, while sharp declines lead to quick rebounds.
🔹 Use the pyramid method to build a position, adding more as it declines.
🔹 After consecutive rises and falls, it usually leads to sideways movement; prolonged sideways must change, so watch the direction.
Act less, take it slow, and focus on logic; don’t treat opportunities as a passion to smash. Trading cryptocurrency is essentially a test of endurance. #DOGE # #SUI# #PEPE# #XRP#