Nighttime BTC, Ether, SOL market analysis


Good evening, friends! The market has already started a rebound during the day today, and in the evening, it performed even better under the boost of positive CPI data. Overall, the strength of this rebound is quite good, and the bottom did not stay flat for too long before rising rapidly. However, during this wave of increase, only Ether's performance has been relatively strong, giving a sense of hope. But everyone should not celebrate too early, as the current rise is approaching the previous high point, and if it cannot effectively break through, the risk of a small-scale pullback still exists. For those holding positions from the bottom, remember to set up trailing stop losses to protect your profits.
Night Market Analysis
BTC
• Upside Analysis: Focus on the key position of 103180 during the night. If the 4-hour level can stabilize above this position, it can be determined that this wave of 4-hour level correction has ended, and the market will officially enter the upward mode. The resistance levels above are around 104700, 105860, and 107065, and these positions will be key resistance points for subsequent rises.
• Downward analysis: If the 4-hour level breaks below the position of 103180 at night, the market may continue to pull back. The support levels below are around 101700, 100700, and 99135; these positions will be key support points during the pullback process.
ETH
• Upward analysis: During the night, pay close attention to the key level of 2495. If the price can stabilize above this level on the 4-hour chart, it can be concluded that the 4-hour level correction has ended, and the market will officially enter an upward mode. The resistance levels above are at approximately 2575, 2623, and 2675, and these positions will be key resistance points for future upward movements.
• Downward Analysis: If the 4-hour level breaks below 2495 at night, then this wave of upward movement may have ended, and the 4-hour level will begin to retrace. The support levels below are around 2420, 2361, and 2315, and these positions will be key support points during the retracement process.
SOL
• Upside Analysis: The key focus overnight is on the critical level of 173. If the 4-hour level can maintain above this position, it can be determined that the 4-hour level's pullback has ended, and the market will officially enter an upward mode. The resistance levels above are around 176.6, 180, and 183, and these positions will be key resistance points for subsequent upward movement.
• Downward analysis: If the 4-hour level breaks below 173 during the night, the market may continue to retrace. The support levels below are around 170.3, 166.9, and 164.3, which will be key support points during the retracement process.
BTC-3,8%
ETH-2,97%
SOL-4,28%
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