Good morning, excellent traders! There is really not much to analyze in the current market; Bitcoin has no rebound strength. Whether it goes up or not, it will just continue to consolidate or decline. Don't panic; this is just a normal correction.
When prices are rising, you chase to buy, but when it drops 30%, you dare not buy? What a cheap bone; only buying expensive things and not wanting the cheap ones, right? It's hard to say whether there will be a limit down or not. If you can't hold back and want to enter the market, do it in batches and don't go all in!
Next year's second half before the bear market starts, the new high for Bitcoin is definitely not 1046, so don't be afraid; opportunities come from declines, and risks come from rises. If you can't seize the opportunities after a drop, you are very likely to bear the risk of chasing highs during an uptrend!
Today's market analysis:
$BTC Bitcoin started to rebound after breaking the second support level last night. Currently, it is rebounding at a small-level rise in the 4-hour level.
Today, pay attention to the position at 97000. As long as it holds above this position, there will be a rebound at the 4-hour level, with upper targets/resistance around 98200-98978-99785! (If it holds above 98200, this wave of daily level correction will end.)
If the closing price at the 4-hour level falls below 97000 today, it indicates that this round of 4-hour level rebound has ended, and the market will turn bearish. The next support levels to watch are around 95652-94852-94050! #BTC走势分析
$ETH Ethereum started to rebound after breaking the first support level last night. Currently, it is rebounding at the 1-2 hour level.
Today, pay attention to the position at 3630. As long as it holds above this position, there will be a continued rebound at the 1-2 hour level, with upper targets/resistance around 3696-3745-3782! (If it holds above 3696, a 4-hour level correction will begin.)
If the closing price at the 1-2 hour level falls below 3630 today, it indicates that this round of 1-2 hour level rebound has ended, and the market will turn bearish. The next support levels to watch are around 3572-3515-3476! #ETH走势分析
$SOL SOL started to rebound after breaking the second support level last night. Currently, it is rebounding at a small-level rise in the 4-hour level.
Today, pay attention to the position at 216.5. As long as it holds above this position, there will be a rebound at the 4-hour level, with upper targets/resistance around 221-225.3-229.4!
If the closing price at the 4-hour level falls below 216.5 today, it indicates that this round of 4-hour level rebound has ended, and the market will turn bearish. The next support levels to watch are around 211.8-208.3-203.5! #SOL走势分析
BNB started to rebound after breaking the first support level last night. Currently, it is rebounding at the 1-2 hour level.
Today, pay attention to the position at 673. As long as it holds above this position, there will be a continued rebound at the 1-2 hour level, with upper targets/resistance at around 687.5-704.4-715.9! (If it holds above 687.5, a 4-hour level correction will begin.)
If the closing price at the 1-2 hour level falls below 673 today, it indicates that this round of 1-2 hour level rebound has ended, and the market will turn bearish. The next support levels to watch are around 658.5-642.4-628.2! #BNB走势分析
DOGE started to rebound after breaking the second support level last night. Currently, it is rebounding at the 1-2 hour level.
Today, pay attention to the position at 0.39. As long as it holds above this position, there will be a continued rebound at the 1-2 hour level, with upper targets/resistance around 0.40-0.413-0.422! (If it holds above 0.40, a 4-hour level correction will begin.)
If the closing price at the 1-2 hour level falls below 0.39 today, it indicates that this round of 1-2 hour level rebound has ended, and the market will turn bearish. The next support levels to watch are around 0.376-0.365-0.352! #doge走势分析
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