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Good afternoon, everyone. The market has surged again, reaching the resistance range for short positions I mentioned last night. There hasn't been much of a pullback. If it continues to rise, the only remaining resistance levels are 64700-65500. If you already opened a short position with an initial entry, add one more contract in this range. If you haven't opened yet, try shorting as it rises toward this range. Before July 14, I still lean towards a ranging market; let's see if there's a wick opportunity. Intraday support for longs is 63000-62500. The stop loss for longs can be moved to near 62500. Only if 62500 is broken will the daily structure be invalidated, offering a wick opportunity targeting 61600-61000. If there's a wick, continue to go long.
ETH's daily chart is also bullish. It has now reached the second resistance near 1780. If these two levels are broken, the targets are 1830-1850. If you already opened a short position with an initial entry, add one more contract in this range. If you haven't opened yet, try shorting as it rises toward this range. Intraday support for longs is 1730-1710. The stop loss for longs can be moved to near 1710. Only if 1710 is broken will the daily structure be invalidated, offering a wick opportunity targeting 1650-1600. If there's a wick, continue to go long.
SOL's daily chart has broken out, so we can only look at the 4-hour level rebound for now. The 4-hour support below is 78. If this level is not broken, the market will continue the 4-hour rebound. Target 80; if broken, look at 83-84. Shorts can be considered in this range. If 78 is broken, this 4-hour rebound will end, and the market will make a second test lower, targeting 76. If broken, look at 74-73. For longs, it's still recommended to wait near these two levels.
For BNB, we can only look at the 4-hour level rebound for now. The 4-hour support below is 570. If this level is not broken, the market will continue the 4-hour rebound. Target 580; if broken, look at 590-600. Shorts can be considered in this range. If 570 is broken, this 4-hour rebound will end, and the market will make a second test lower, targeting 560-550. For longs, it's still recommended to wait near these two levels.
Daily bringing you the latest market analysis and precise wick entry points. Long and short suggestions are for reference only. Manage your positions wisely.