BTC Good afternoon, brothers. Although there hasn't been much fluctuation in the current market, the overall sentiment remains bearish. From the daily chart, the daily pattern has actually broken down. Today, the daily support has moved up. If the daily fails to stabilize above 104000 tomorrow, the market will likely need to test the 102500-101400 support range at least once more. Currently, the smaller timeframes are showing a rebound, but the rebound strength is not significant. You might want to pay attention to the rebound resistance in the 103700-104500 range to attempt short positions, with a stop loss at 104800. The lower target resistance still looks at 102500-101400. If the market continues to be weak, keep an eye on the pressure near the previous high of 105800. ETH The daily support for the secondary wife is also in a broken position, with a four-hour pressure level at 2510. At least a four-hour closing breakthrough above 2510 is needed for a significant rebound. Short positions can first be attempted in the range of 2510-2550. Wait for a four-hour close above 2510 to manually exit. If the four-hour close stabilizes above 2510, short positions can continue to pay attention in the range of 2610-2645, with a stop loss at 2650. The downward target support is at 2470 and 2410. SOL The daily SOL retracement trend has just broken through the pressure at the four-hour level. The rebound resistance is at 172-174. Pay attention to short positions in this range, with a stop loss at 175. The target support below is at 163, 160, and 155.
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Market Analysis Today
BTC
Good afternoon, brothers. Although there hasn't been much fluctuation in the current market, the overall sentiment remains bearish. From the daily chart, the daily pattern has actually broken down. Today, the daily support has moved up. If the daily fails to stabilize above 104000 tomorrow, the market will likely need to test the 102500-101400 support range at least once more. Currently, the smaller timeframes are showing a rebound, but the rebound strength is not significant. You might want to pay attention to the rebound resistance in the 103700-104500 range to attempt short positions, with a stop loss at 104800. The lower target resistance still looks at 102500-101400. If the market continues to be weak, keep an eye on the pressure near the previous high of 105800.
ETH
The daily support for the secondary wife is also in a broken position, with a four-hour pressure level at 2510. At least a four-hour closing breakthrough above 2510 is needed for a significant rebound. Short positions can first be attempted in the range of 2510-2550. Wait for a four-hour close above 2510 to manually exit. If the four-hour close stabilizes above 2510, short positions can continue to pay attention in the range of 2610-2645, with a stop loss at 2650. The downward target support is at 2470 and 2410.
SOL
The daily SOL retracement trend has just broken through the pressure at the four-hour level. The rebound resistance is at 172-174. Pay attention to short positions in this range, with a stop loss at 175. The target support below is at 163, 160, and 155.