Good afternoon, brothers. Yesterday, Bitcoin closed with a big negative K-line, down 6 points, Ethereum fell 9 points, and the copycat stocks basically fell by more than ten points. A few days ago, a bunch of bloggers shouted that the copycat season was coming and asked everyone to rush in. Unexpectedly, Bitcoin jumped so suddenly last night.
Yesterday and the day before yesterday, I persuaded at least 6 friends who wanted to buy spot. Have you ever thought about this question: why do you buy spot after Bitcoin has risen? When Bitcoin rises, basically all the coins will rise. What is the point of rushing in when you think the bull market is back? Do you rush in without thinking when someone calls you to? Can he be responsible for your money?
During a big drop, when those bloggers dare not shout, when you are fearful, just gradually build your position in spot trading, building on the left side, as long as you have hands, do you still need someone to teach you? Of course, I still recommend everyone to buy Bitcoin, everything else is garbage!
A few days ago in the live broadcast, I warned to be careful before Trump takes office. Everyone thinks it will rise, but will the whales be so kind as to give money to everyone? Yesterday when it dropped suddenly, everyone was looking for reasons. What reasons are there? If you view it from a god's perspective, all reasons are just part of a larger cycle acting out a script; we are just actors in the play!
Today's market analysis:
$BTC Bitcoin dropped to the second support level at night and started to consolidate at the bottom. Today pay attention to the top of the consolidation area at 97210. If this position breaks, a 1-hour level rebound will begin. The upper resistance levels/targets are around 98122-99450-100868 (if it stabilizes above 99450 on the 4-hour level, this wave's 4-hour level correction will end).
If it can't break through the top of the consolidation area today, pay attention to the bottom of the consolidation area at 96150. If it doesn't break below, it will continue to consolidate. If it breaks below, watch the support levels around 95000-94055-93170!
$ETH Ethereum dropped to the third support level at night and started to consolidate at the bottom. Today pay attention to the top of the consolidation area at 3410. If this position breaks, a 1-hour level rebound will begin. The upper resistance levels/targets are around 3461-3548-3630 (if it stabilizes above 3548 on the 4-hour level, this wave's 4-hour level correction will end).
If it can't break through the top of the consolidation area today, pay attention to the bottom of the consolidation area at 3348. If it doesn't break below, it will continue to consolidate. If it breaks below, watch the support levels around 3305-3268-3225!
$SOL SOL is on a small downward step at night, currently falling to the third support level. Today pay attention to the rebound at 202. If it stabilizes at this position, a 1-hour level rebound will begin. The upper resistance levels/targets are around 205.8-210.7-215.5 (if it stabilizes above 210.7 on the 4-hour level, this wave's 4-hour level correction will end).
If it doesn't rebound today, continue to watch the support levels below at around 196.6-193.1-189.1!
BNB drops quickly at night but rebounds quickly as well. Today pay attention to the rebound at the position of 698.3. If it stabilizes at this position, a 1-hour level rebound will begin. The upper resistance levels/targets are around 706.4-715.5-724.2 (if it stabilizes above 715.5 on the 4-hour level, this wave's 4-hour level correction will end).
If it doesn't rebound today, continue to watch the support levels below at around 691.1-683.3-677.5!
DOGE dropped to the second support level at night and started to consolidate at the bottom. Today pay attention to the top of the consolidation area at 0.3554. If this position breaks, a 1-hour level rebound will begin. The upper resistance levels/targets are around 0.3635-0.373-0.3834 (if it stabilizes above 0.373 on the 4-hour level, this wave's 4-hour level correction will end).
If it can't break through the top of the consolidation area today, pay attention to the bottom of the consolidation area at 0.3455. If it doesn't break below, it will continue to consolidate. If it breaks below, watch the support levels around 0.3387-0.3322-0.3247!
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