Good morning everyone! Today's morning report + review is here.
Let's have a simple chat. I can only say wow. Woke up from a nap and the sky has fallen. Took profits too early again. Did anyone manage to hold their positions? Last night we were still talking about holding on and preparing to take off, yet I couldn't hold. The thoughts these days have been error-free, all low buys. How many bites you take depend on your own operations.
$BTC Bitcoin is still Bitcoin, reaching a new high again. The only resistance above is 105,000. Maybe 108,000 or 110,000, but it's hard to gauge. Support levels below: 103,500, 102,000, 101,000, 100,000, 99,000, 98,300, 97,666, 97,000.
$ETH Ethereum still has a strong chance to catch up today. Resistance level above: if it breaks 3950, then it will be 3980, 4020, 4060, around 4100 for a short-term new high. Support level below is around 3900, 3860, 3830, around 3800, 3750, 3700.
$SOL SOL is too weak. There are no signals for a long position. Do not trade in the short term.
Summary of today’s thoughts: This position is still quite tangled. Going long is too difficult; there isn’t much profit space. You can test a short position on Bitcoin. 10.5 is too early; you can try around 10.65-10.7. Stop loss at 108,388, and for take profit, at least look for around 10.5. If it breaks down, look for 10.3-10.2. Don't easily short Ethereum; I see the momentum for a catch-up is still very strong. If it reaches around 4100, you can try. Stop loss 30-50 points, take profit 4000-3900. If anyone has questions, feel free to leave a message.