Good evening, brothers. The big cake has finally come down. Many brothers are probably super happy with this wave of correction. Short positions have been held and margin added, making it hard to sleep while watching the rise.
Personally, I also lean towards a correction. This wave has been pushed up so much, and all indicators want to go down, but they are still being pulled up by the bulls. This kind of rise is a bit unhealthy. I still hope for a correction before continuing to push up. As for whether it can correct or how much it can correct, that depends on the market!
$BTC Currently, the big cake is in a correction at the 1/2 hour level. It just pierced the 4-hour support level of 85150. Keep an eye on this position tonight. As long as it doesn't break this position, the 4-hour level is still bullish. If the smaller level stabilizes above 88000, this wave of correction will end, and the market will continue to rise, with the upper target being the previous high of 90070!
If the smaller level cannot stabilize above 88000 tonight, it will continue to be in a correction. If it breaks below 85150, the 4-hour level will start to correct. The lower support levels to watch are around 83218-81660!
$ETH Ethereum is currently in a correction at the 1/2 hour level. Keep an eye on the position of 3260 tonight. As long as it doesn't break this position, the 4-hour level is still bullish. If the smaller level stabilizes above 3325, this wave of correction will end, and the market will continue to rise, with upper target/resistance levels around 3400-3447-3480!
If the smaller level cannot stabilize above 3325 tonight, it will continue to be in a correction. If it breaks below 3260, the 4-hour level will start to correct. The lower support levels to watch are around 3215-3185-3151!
$SOL SOL is currently in a correction at the 4-hour level. If the 4-hour level cannot stabilize above 217.5 tonight, it will continue to be in a correction. The lower support levels to watch are around 205-200-196.3!
The market wants to go up, the 4-hour level needs to stabilize above 217.5. Only by stabilizing at this position can this wave of 4-hour level correction be considered over. The upper target/resistance levels to watch are around 222.3-226-230!
BNB is currently in a correction at the 4-hour level. If the 4-hour level cannot stabilize above 635 tonight, it will continue to be in a correction. The lower support levels to watch are around 610-597.6-592.5!
The market wants to go up, the 4-hour level needs to stabilize above 635. Only by stabilizing at this position can this wave of 4-hour level correction be considered over. The upper target/resistance levels to watch are around 651.4-660-667.3!
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