Good evening, brothers. This afternoon's drop was smooth, right? I initially thought this move would happen tomorrow, but I didn't expect it to come out early this afternoon.
After breaking below the bottom of the 4-hour consolidation zone, it immediately dropped down. Currently, several cryptocurrencies are in a bottom consolidation phase after a drop, so pay attention to the tops and bottoms of the consolidation zone. A breakout/breakdown will lead to a clear direction!
Night market analysis:
Bitcoin fell to the third support level today and began to consolidate at the bottom on the 1-hour level. Pay attention to the position of 96220 tonight. Only if it stabilizes above this level on the 1-hour chart will the market rebound upwards. The targets/resistance levels above to watch are around 97350-98410-99370! (96220 is the top of the 1-hour consolidation zone)
If it cannot stabilize above the position of 96220 tonight, it indicates that the rebound lacks strength, and it will continue to decline. Pay attention to the support levels below around 95210-94205-93515! (95210 is the bottom of the consolidation zone)
$ETH Ethereum is currently oscillating downward on the 1-hour level. Pay attention to the position of 3378 tonight. Only if it stabilizes above this level on the 1-hour chart will the market rebound upwards. The targets/resistance levels above to watch are around 3422-3452-3496! (3378 is the top of the 1-hour consolidation zone)
If it cannot stabilize above the position of 3378 tonight, it indicates that the rebound lacks strength, and it will continue to decline. Pay attention to the support levels below around 3330-3306-3271!
$SOL SOL fell to the third support level today and began to consolidate at the bottom on the 1-hour level. Pay attention to the position of 190.3 tonight. Only if it stabilizes above this level on the 1-hour chart will the market rebound upwards. The targets/resistance levels above to watch are around 193.3-196-199.3! (190.3 is the top of the 1-hour consolidation zone)
If it cannot stabilize above the position of 190.3 tonight, it indicates that the rebound lacks strength, and it will continue to decline. Pay attention to the support levels below around 187.7-184.5-180.6! (187.7 is the bottom of the consolidation zone)
BNB rebounded very quickly after the drop. Pay attention to the position of 696.2 tonight. Only if it stabilizes above this level on the 1-hour chart will the market rebound upwards. The targets/resistance levels above to watch are around 702-712-720!
If it cannot stabilize above the position of 696.2 tonight, it indicates that the rebound lacks strength, and it will continue to decline. Pay attention to the support levels below around 683.1-677.5-671.5!
DOGE is currently oscillating downward on the 1-hour level. Pay attention to the position of 0.3186 tonight. Only if it stabilizes above this level on the 1-hour chart will the market rebound upwards. The targets/resistance levels above to watch are around 0.3236-0.3285-0.3342! (0.3186 is the top of the 1-hour consolidation zone)
If it cannot stabilize above the position of 0.3186 tonight, it indicates that the rebound lacks strength, and it will continue to decline. Pay attention to the support levels below around 0.131-0.309-0.3048!
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