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Evening Bitcoin-Ethereum-SOL Market Analysis
Good evening guys, the market has been red all day today. The logic I gave at noon was that if the previous low breaks and the rebound can't go up, you can open shorts. Although the profit space is limited, the direction is correct. Wait near the support level for long positions. Only Bitcoin's first support level just caught a small few tens of U, bringing everyone along. This recent rebound wave is only around 1000U. With the current rebound strength, it's like an old man in his seventies - weak and feeble!
For those shorting, wait at half of this 15-minute decline. Bitcoin 698, Ethereum 2150. Currently only Bitcoin and BNB have caught some profits. Those who caught it are already profitable. The first target is the previous low. If it breaks, continue holding to the next support level. If you have profits, do your own trailing stops or break-even stops!
If the market continues to drop, wait for long positions on Bitcoin at 658-63-61 support levels, and Ethereum at 2010-1930-1850. These levels may not be reached tonight, but if we continue dropping, enter long positions when appropriate. Use light positions first to secure entry, then study further!
Night Market Analysis:
Bitcoin - Pay attention to 70520 tonight. Only if it holds above this level for 1-2 hour levels should a rebound begin. Watch resistance levels at 72000-73530-74750!
If the rebound can't reach above 70520 tonight, it means rebound strength is weak. If previous low 69100 breaks, watch support levels at 67330-65590-64000!
Ethereum - Pay attention to 2175 tonight. Only if it holds above this level for 1-2 hour levels should a rebound begin. Watch resistance levels at 2231-2282-2345!
If the rebound can't reach above 2175 tonight, it means rebound strength is weak. If previous low 2106 breaks, watch support levels at 2060-2010-1955!
SOL - Pay attention to 89 tonight. Only if it holds above this level for 1-2 hour levels should a rebound begin. Watch resistance levels at 92-95-97!
If the rebound can't reach above 89 tonight, it means rebound strength is weak. If it continues dropping, watch support levels at 86-84-82!
【Bringing you the latest market analysis and precise entry points daily. Opening longs and shorts are for reference only. Do position management well. 100x leverage at entry points should not exceed 2% of total position. 20% fee discount with invitation code: VQCXBLXZVQ
$BTC $ETH $SOL