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The calculation results from the formula (with a very small deviation from the actual market data) show that BTC is the strongest in the market, currently only retracing 0.382, while ETH and SOL have retraced 0.50. However, going long still needs to consider retracing to the 0.618 level.
In the afternoon, BTC stepped back to 91150 at the 0.382 position and began to rebound, but the lower two points can still be prepared to enter the market, because a small needle will be received if there is an information stimulus.
SOL stepped back on 164.25 at 0.382 and around 159.5 at 0.50 today, and 154 below can still be prepared for the next point.
ETH retraced 2420 at 0.382 and 2378 at 0.50 today. Below near 2338, you can still prepare for the next point.
ps: The rebound after a sharp decline and the pullback after a sharp rise are the most suitable timing for opening a contract. Before the trend reverses, only respond, do not predict (place fewer orders, trade more in real time).