According to the current market trend, the slight fluctuations of BTC and ETH are basically in line with expectations, maintaining overall stability. ETH remains relatively strong, with the short-term resistance level moving up to the 3666-3680 range, while the support level is located between 3588-3566. In contrast, SOL may face a slight pullback, with the support level moving down to the 212-210 area, and a rebound is expected at this level. In the short term, SOL's resistance level is in the 229.50-232.50 range.
This week, the market rhythm is relatively active, with fast fluctuations, alternating between rebounds and pullbacks. If leaning towards low long positions, ETH is a more ideal choice, especially when each pullback reaches the support level, which can be seen as an opportunity to enter the market, and its rebound strength is strong. Next, BTC can also be considered as a focus.
In contrast, SOL's performance is relatively weak and may continue to pull back, potentially falling to the lower boundary of the daily line.
At this time, the bearish advantage may be significant, and it is recommended to wait for a pullback to the support range before considering adding positions or entering the market.
