BTC's 4-hour upward trend was not broken by the decline in the previous two days. It continues to be bullish and breaks through the previous high of $110,000. The next wave of forecast range is 112,300~117,600. In the early morning, it depends on whether it can stand at 100,300. The upper resistance level is concerned: 101,800~103,700. The closing price at 12 o'clock is lower than 100,300. The market continues to see a small correction. Pay attention to the support level below:
The key points of 99260~98300~97000 continue to be bullish in the future.
The focus of ETH this time is yesterday. Trump of the United States bought positions and built positions in ether. If anyone dares to say that ether is not good, it means that Trump is not good. Ethereum pays attention to the support of 3843. If it does not fall below, the market will continue to rise. Pay attention to the upper resistance level:
3974~4074~4168. If the 3843 position is not stable, the market will see a correction. The support below is 3756~3630, which is an opportunity for short-term long orders.
The market has adjusted very healthily in the past two days. Most of the coins have increased several times in the past month. It is normal for them to fall back by 30% or 50%. The following market conditions can be judged as follows:
1. The first phase of the bull market has ended, and after adjustments, it will enter the second phase.
2. At present, off-market funds have not entered the market on a large scale, and the market is still in the stage of self-entertainment. The rise of many coins is also driven by leverage in the market, so it is necessary to clear leverage in the short term.
3. The adjustment time will not be long, and the second phase will begin before Christmas.
4. In the second stage, the leaders will be SOL or ETH. This is my judgment after experiencing several chains. SOL is simple, has a low threshold, and has a mass base, while ETH has a demand for a rebound.
5. The leverage clearing (plugging) in the second stage will be more severe than that in the first stage, but the general upward trend remains unchanged, so it is enough to allocate spot goods on dips (such as now), and frequently increase leverage during the bull market.
Bitcoin fluctuated sideways. At this time, the two coins also encountered resistance when they hit the high of 4,000. The next focus will be on SOL and Dogecoin. You can choose one of these two coins to break through. If it breaks the high point, there is space. The pattern is also a shrinking volume and retracement to the support level. You dare to buy it if it falls.
SUN
This position is still very attractive now. If it stands firmly at 222, the upper resistance level will be 231~246~259. If it fails to stand firmly at 222 at 12 o'clock, the market will retreat downward. Pay attention to the support level below: 213~203. If it dares to break through, it will dare to open positions in batches.
DOGE
Don't underestimate Dogecoin. It will rise by dozens of points in the next surge. Don't buy at a low price and chase it at a high position. Now it can't fall below 0.40. The upper resistance level is: 0.418~0.447~481. If it falls below 0.40, the lower support level is: 0.371~0.348. Buy at low prices and build positions in batches.
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