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5.23 Midnight Trend Analysis
Bitcoin: The key level to focus on for the night rebound is 109970. Only by successfully staying above this level can the market continue its upward trend. The resistance levels above can be noted around 110680 and 111960. On the contrary, if the night rebound fails to break through 109970, it indicates insufficient rebound strength, and the market may continue to decline, with support levels to watch around 108220, 107260, and 106100.
Ethereum: Pay attention to the level of 2591 for a nighttime rebound. If it stabilizes above this level, the market is likely to continue rising. The resistance levels to watch above are around 2623, 2655, and 2688. If the rebound fails to stabilize above 2591, it indicates weakness in the rebound, and the market may continue to decline. The support levels to watch below are around 2536, 2497, and 2450.
BNB: Pay attention to the position of 677 for the night rebound; only if it stands firmly above this level can the market hope to continue rising. The upper resistance levels to watch are around 682, 691, and 696. If the night rebound fails to break through 677, it indicates insufficient rebound strength, and the market may continue to decline, with support levels to focus on around 666, 660, and 656.
SOL: The night rebound needs to pay attention to the position of 182; only if it stabilizes above this level can the market expect to continue rising. The resistance levels above can be noted around 185, 187, and 189. If the rebound cannot rise above 182, it indicates that the rebound strength is insufficient, and the market may continue to decline. The support levels below can be noted around 177, 173, and 169.