BTC's recent trend has been unstoppable, charging ahead! It hasn't taken a breath since rising from over fifty thousand, continuously pulling up, responding to my saying, 'There is no highest, only higher!' Those in drought suffer, those in flood suffer, only BTC will not disappoint everyone! Everyone is naked in front of exchanges and altcoin whales; we are their biggest opponents. This afternoon BTC is about to stabilize around 106300-106000. In the morning, when it retraced to 105855-105655, some people still hesitated to enter, what are you afraid of? Just defend a support level. 100k is just a disguise; remove the 100k and see it as 5855-5655, isn't it easier? Also, judging by the current favorable policies, breaking eleven thousand is easy, and it has now reached a new high of seventy-seven thousand. ETF funds are continuously inflowing, and the institutional process is accelerating; institutions are rushing in. The correct trading method in the short term is very simple: Bitcoin continues to stabilize around 106200, with resistance levels above: 107600~108600~109600, completing this 4-hour upward move. If the market cannot stabilize at 106200, look for a small downward adjustment, with support levels below: 105400~104500, key points to watch; if you continue to be bullish, you must enter the market. The low points of the retracement keep rising, accumulating over 5k in a pull, why not just defend near the recent support level? Eat when it's time, don't waste the market.
Ethereum has broken through the roof, first looking at 5000, the next step is 8000 USD! As analyzed internally yesterday, large funds indeed entered Wall Street last night, with Bitcoin and Ethereum both breaking through. Many people think Ethereum might be a false breakout, but you have to consider that BTC really broke out and will continue to rise, while ETH has tested the 4000 barrier multiple times before, so I lean towards this time 4000 is a real breakout, about to enter a price vacuum zone, it’s a sea of stars!
If Ethereum does not drop below 3956, watch the resistance levels above: 4039~4080~4129. If it cannot hold above 3956, look for a retracement, with support levels below: 3908~3832 for potential long entry opportunities.
SOL will have a two-day line rebound this week, expected to reach a minimum of 201.50, rebounding 26-30 points.
The fluctuation range has come to 225~210. If it stays above 224, look for a breakout to rise. If placing orders, watch the resistance levels above: 233~246~259.
If it cannot go up to 224, the market will oscillate downwards, with support levels below: 212~203. If it dares to drop, dare to build positions in batches. Last time the one-day line rebounded, we bottomed out at 216, and the predicted rebound was 17-26 points, and the actual rebound was indeed 26 points.
On another note, with the surge of BTC and ETH, the arrival of altcoin season is a certain event, so coins like Pepe, Uni, Doge, and AAVE can be ambushed at low points. In about a few weeks, the altcoin season should start, don’t say I didn’t remind you~