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Today's market analysis



BTC
Good afternoon, brothers. Last night, Bitcoin pierced the support at the four-hour level. After completing the four-hour upward trend, it is still in a correction trend at the four-hour level. This morning, it made a second dip to test the daily support around 10700, starting a small-level rebound. The rebound pressure is between 10900-109700, and it needs at least a four-hour closing to break through this pressure zone for the correction at the four-hour level to be considered complete. Only then will there be an opportunity for a second upward surge, with the top pressure remaining at 111840. Before the four-hour closing breaks above this pressure zone, the market will remain in a four-hour level correction. The intraday fluctuation range is between 107000-109700. Long and short positions can be taken around the top and bottom of this range. This wave of market must have a deep correction, waiting for the daily level to break 107000. Only then will the downward momentum be strong.
ETH
The daily level is in a consolidation phase, while the four-hour level is still in a correction trend. The intraday rebound resistance is in the range of 2571-2591. At least a four-hour close above 2591 is needed to confirm the completion of this four-hour correction, which would allow for another opportunity to push higher. The upper target resistance can be seen at 2692.2730. Until the four-hour close breaks above 2591, it is just a minor rebound, and the bulls are not stable, which could lead to another dip to the lower support levels of 2500.2450 near these two positions.
SOL
The four-hour level of SOL has also broken and started to pull back, with the intraday rebound pressure looking at 179. At least a four-hour close must break this pressure for the four-hour pullback to be considered complete, and only then does the market have a chance to make a second attempt to rise. The upper target pressure is again at 185 and 187. Until the four-hour close stabilizes above 179, the bullish sentiment in the market cannot be considered stable. Attention should continue to be paid to the lower support levels of 172, 165, and 160.
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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Aziz2030vip
· 05-25 01:05
The market is bullish 🐂The market is bullish 🐂The market is bullish 🐂The market is bullish 🐂The market is bullish 🐂The market is bullish 🐂
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ParnoNinavip
· 05-24 08:22
Hello everyone
Ciao Bei😂 Trump's party is definitely a beautiful upa
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Take戒AsAMaster.vip
· 05-24 05:07
Just go for it💪
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