Good afternoon, brothers! Today is sunny, a good day. Today is Monday, yesterday just closed the monthly line, today is the weekly close, there may be a pullback in the early stage, I reminded everyone yesterday and remind you again today! Ethereum performed well on the weekly line last week, after all, it is a catch-up, continue to observe its performance. Bitcoin closed with a false bullish line, this week we will see if it can continue to rise after a pullback. If it does not continue to rise this month, then this year's opportunities will basically be gone, and there may be a few months of carnival next year. The market is doing well now, but if the spot still cannot break even and make money, when the bull market turns into a bear market, it may be difficult to operate in the spot market, and we can only make profits through contracts to layout for the next bull market!
Today's market analysis:
BTC (Bitcoin)
Currently, Bitcoin is at a high level sideways on the daily chart, today we need to pay attention to the position of 96750. If it can stabilize and break through this level on the 4-hour timeframe, then this pullback will end, with target levels at 98500 and 99660. If it falls below 96750 on the 4-hour level and does not recover, a deeper pullback may begin, pay attention to the support levels below: 95740, 94780, 93930.
ETH (Ethereum)
Ethereum is currently at a high level sideways on the 4-hour chart, slightly pulling back after breaking through the resistance level I provided yesterday. Today's key support level is 3700, if it can stabilize at this level on the 4-hour timeframe, then the pullback will end, with target levels at 3745, 3780, and 3825. If it falls below 3700 and cannot recover, it may enter a pullback phase, pay attention to support levels: 3655, 3630, 3595.
SOL (Solana)
Solana is currently in a daily level pullback state, overall performance is weak. Yesterday, a friend asked if it was possible to hold SOL with a full position, I advised caution, and it indeed broke through the third support level I provided. Today there is a small level rebound, pay attention to resistance levels at 236, 239.5, and 243. If it can stabilize at 236, then a rebound may occur; if it continues to fall, the support levels below are 226, 221.7, and 214.
BNB (Binance Coin)
BNB started to drop after reaching the first resistance level this morning and just reached the second support level. Today, pay attention to the position of 654.7, if it can stabilize at this level on the 4-hour timeframe, then the current pullback may end, continuing upward, with target levels at 664, 671.8, and 677.3. If it falls below 654.7 and does not recover, it may continue to pull back, focus on support levels at 645.5, 640, and 632.7.
DOGE (Dogecoin)
Last night I mentioned that DOGE might choose a direction soon, breaking above the sideways area quickly and rising to the resistance level. Today pay attention to the position of 0.43, if it does not fall below this level on the 4-hour timeframe, continue to be bullish, with target levels at 0.45, 0.465, and 0.48. If it falls below 0.43 and does not recover, it may start to pull back, focus on support levels at 0.416, 0.409, and 0.4.
This is today's market analysis, I hope everyone can seize the opportunity, layout reasonably, and manage risks well!
#ETH持续飙升 #XRP市值重回第三