BTC.ETH.SOL Night Market Analysis
Good evening, brothers. Bitcoin has been sideways for a day without breaking 100,000. It dipped back to the four-hour support level. The small timeframes are starting to weaken, so the night trend is quite critical. Brothers, please take a close look.
BTC
Bitcoin is currently starting to retrace in the one-hour and two-hour timeframes. It dipped back to the four-hour support at 97,600. If the four-hour closes again below this level tonight (at 24:00, 4:00, and 8:00), the four-hour will start to retrace. Those holding long positions should be cautious. The four-hour lower retracement support levels are: 96,334.95, 86.94, 00. If the four-hour closes without breaking below 97,600, pay attention to the upper resistance support at 98,500. If it stands above 98,500 again, meaning the one-hour closes above 98,500, the small timeframes will start to rise again, aiming to break the 100,000 mark.
Trading thought: At the 98,500 level, you can go long or short. If it rebounds near 98,500, short first, and wait for the one-hour close to break above 98,500 to manually exit.
If it does not rebound above 98,500, wait for the four-hour close to drop below 97,600 to take a four-hour short position. Just wait for the four-hour close to break above 97,600 to manually exit 82,952,023,341.
ETH
Ethereum is currently starting to retrace in the one-hour and two-hour timeframes. It just tested the four-hour support at 3,260. If the four-hour closes again below 3,260, the four-hour will begin to retrace. Long positions should be cautious. The four-hour lower retracement support level is: 3,191. If the four-hour does not close below 3,260, pay attention to the upper resistance support at 3,340. It needs to stand above 3,340 again for the small timeframes to continue to rise. The upper target resistance is: 3,450.
SOL
SOL is currently starting to retrace in the one-hour and two-hour timeframes. The lower retracement support is 249. As long as the four-hour does not break below 249, the market remains bullish. If the one-hour closes above 257 again, the market will start to rise again. The upper target resistance is: 265.
If the four-hour closes below 249, this wave of increase will be about over, and the four-hour will start to retrace. The lower retracement supports are: 245, 240.