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2.22 Night Market Analysis📊
The market is not optimistic, and the bulls still see no hope; the rebound pattern has broken down! Continue to short on the rally,
⚠️ Pay close attention to the support levels at 66,500～65,600 during the night. If support holds, go long again; if it breaks, head straight to the support levels at 62,500 and 61,000～60,000 as shown in the daytime chart.
The market has been fluctuating within a narrow range for a long time. Since it cannot rebound to test the previous high, a second bottom test is inevitable!
⚠️ Resistance for the rebound is at 68,000～68,500. If the daily chart cannot stabilize here, continue to short. Only if the daily chart stabilizes here will it be a sign of bullish strength.
ETH
⚠️ Watch for a pullback to support at 1920～1894. If going long, set a stop loss at 1880.
Strong support is at 1830～1750.
We need some negative news to push it there; without news, it might continue to fluctuate for a few more days!
⚠️ Nighttime resistance for the rebound is at 1965～2000.
Aggressive traders can short here.
If the rebound breaks through this resistance zone, the bears can continue to enter between 2038～2100.
SOL
SOL support is at 81; if broken, look at the 79～77 range.
Nighttime resistance is at 85～87.