Good evening brothers, I came to Shanghai today and met up with some friends to have a drink later. I’m afraid we’ll drink too late, so I’ll send you the evening market analysis in advance!
Market analysis:
$BTC Dabing said during the day that if it fails to reach 985, there will be a 4-hour correction. This afternoon, the highest it reached was 98578 and then came down.
Pay attention to the two pressure levels of 97918-98500 in the night rebound. Only when the 4-hour level can stand firmly above 98500, this wave of correction will be over and the market will continue to move upward. If the 4-hour level cannot stand above 98500, then all the rises are just small-scale rebounds. If it continues to rise, pay attention to the previous high of 99660!
If during the night rebound it does not hold above 98500, the 4-hour level will still be in a pullback phase. If it continues to decline, pay attention to the support levels around 96680-95760-95050!
$ETH Ethereum was mentioned during the day that if it does not hold above 3420, the 1-hour level will pull back. This afternoon, the highest it reached was 3432. Currently, after breaking through the third support level, it has started to rebound.
During the night rebound, pay attention to the position of 3385. The 4-hour level can only be considered the end of this pullback and the market will continue to rise if it stabilizes above this position. For further upward targets/resistance levels, pay attention to the positions around 3431-3453-3480!
If during the night rebound the 4-hour level does not hold above 3385, the 4-hour level will still be in a pullback phase. If it continues to decline, pay attention to the support levels around 3275-3239-3213!
$SOL During the day, it was mentioned that if it does not hold above 257, there will be a 1-hour level pullback. This afternoon, it has not managed to stabilize above 257. Currently, after breaking through the third support level, it has started to rebound.
During the night rebound, pay attention to these two positions: 252.7-255. The 4-hour level can only be considered the end of this pullback and the market will continue to rise if it stabilizes above 255.5. If it does not hold above 255.5, all upward movements are just small-level rebounds. For further upward targets/resistance levels, pay attention to the positions around 260-264.7!
If during the night rebound it does not hold above 255.5, the 4-hour level will still be in a pullback phase. If it continues to decline, pay attention to the support levels around 244.5-241.2-237!
BNB was mentioned during the day that if it holds above 661, it will continue to rise. In the afternoon, it rose to near the third resistance level and then started to decline, just now it dropped to near the second support level.
During the night rebound, pay attention to the position of 662.3. The 1-hour level can only be considered the end of this pullback and the market will continue to rise if it stabilizes above this position. For further upward targets/resistance levels, pay attention to the positions around 671-679-789.5!
If during the night rebound the 1-hour level does not hold above 662.3, the 1-hour level will still be in a pullback phase. If it continues to decline, pay attention to the support levels around 645-636.2-626.5!
DOGE was mentioned during the day that only if it stabilizes above 0.448 will the market continue to rise. It has not managed to hold above that level all day, and just now it still broke below the third support level.
During the night rebound, pay attention to the position of 0.432. The 1-hour level can only be considered the end of this pullback and the market will continue to rise if it stabilizes above this position. For further upward targets/resistance levels, pay attention to the positions around 0.448-0.466-0.480!
If during the night rebound the 1-hour level does not hold above 0.432, the 1-hour level will still be in a pullback phase. If it continues to decline, pay attention to the support levels around 0.407-0.394-0.386!
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