Good morning, family: Today we are looking for a pullback to see how strong it is. Currently, Bitcoin has surged to the position of 101880, where it encountered resistance. Yesterday, it rebounded significantly with ample funds, aiming for the previous high of 104600. For short positions, be sure to reduce your holdings when Bitcoin pulls back to the 100000 mark, and manage your positions well. The market is likely to trap many shorts in the upcoming trend; losses are inevitable.
Market Analysis:
$BTC The trend for Bitcoin looks bullish, with a pullback at the small cycle encountering resistance. Buy on the pullback, do not short. If it can hold above 102000 today, it will likely push towards the previous high. Key resistance levels to watch are: 101500~103700~107000. If the closing price at 12 o'clock is below 101500, the market will continue to look for a small pullback. Key support levels to watch below are: 99100~98300~96200. Based on yesterday's funds and K-line analysis, the outlook for Bitcoin is bullish.
$ETH Ethereum quickly rebounded to the resistance at 3949. This position is the previous neckline; for those with long positions, you can take some profits. If it holds above 3840, the outlook remains bullish. Key resistance levels to watch above are: 3840~3949. If it cannot stabilize at 3840, look for a pullback, with support levels to watch below: 3760~3500. There are short-term opportunities for long positions.
$SOL Unless something unexpected happens, SOL still can't compare to the new public chain SUI. Will it explode again? First, it needs to hold above the resistance at 230. Key resistance levels to watch above are: 231~246~264. If it cannot hold above 231 at the 12 o'clock closing, the market will pull back. Key support levels to watch below are: 216~203. If it dares to break down, then it dares to accumulate positions in batches.
$DOGE continues to focus on the favorable news on the 20th of next month. Any chips below 0.4 are acceptable. At noon, watch the resistance above 0.42. If it holds above 0.42, key resistance levels to watch above are: 0.447~0.484. If it cannot get above 0.42, key support levels to watch below are: 0.393~0.364~0.342. Buy on dips and accumulate positions in batches.
