Good afternoon, brothers. I looked at Bitcoin, and there hasn't been much fluctuation during the night. Yesterday's daily line closed with a doji star, so let's see if today can close with a bullish candle. If it closes bearish below yesterday's low, then this wave of continuous 5-day rise will temporarily end!
Now let's talk about Ethereum. Relatively speaking, it is slightly stronger than Bitcoin. The 4-hour level has already produced several waves. Today, pay attention to the top and bottom of the consolidation area. Only by breaking out of the consolidation area can we find a clear direction!
Today's market analysis:
$BTC Bitcoin is currently consolidating at the 4-hour level. Pay attention to the position of 98210 today. As long as it does not fall below this position, the 1-2-4 hour levels are still in a bullish consolidation, continuing to rise. The upper target/resistance levels are near 98932-99943-101510!
If today the 1-2-4 hour levels close below the position of 98210, then all those levels will start to retrace. Pay attention to the support levels near 97485-96520-95760 (97485 is the bottom of the consolidation area).
$ETH Ethereum precisely reached the second resistance level of 3674 during the night and then started to pull back. Pay attention to the position of 3630 today. As long as it does not fall below this position, the 2-4 hour levels are still bullish, continuing to rise. The upper target/resistance levels are near 3674-37188-3770!
If today the 2-4 hour levels close at the position of 3674, then all those levels will start to retrace. Pay attention to the support levels near 3585-3532-3480!
$SOL SOL did not fall below the position of 213.7 during the night, and the 4-hour level is still bullish and will go up. It just touched near the first resistance level. Pay attention to the position of 216.7 today. As long as it does not fall below this position, the 1-2-4 hour levels are still bullish, continuing to rise. The upper target/resistance levels are near 219.6-223.1-227.3!
If today the 1-hour level closes below the position of 216.7, then the 1-hour level will start to retrace. Pay attention to the support levels near 211-206.8-201.8!
BNB's first support level has been tested several times, and the rebound is a bit weak. Pay attention to the position of 713.5 today. As long as it does not fall below this position, the 1-2-4 hour levels are still bullish, continuing to rise. The upper target/resistance levels are near 713.5-721.7-730-737!
If today the 1-2-4 hour levels do not close above the position of 713.5, then the 1-2-4 hour levels will start to retrace. Pay attention to the support levels near 705.6-697.2-690!
DOGE broke through the first resistance level during the night and then started to pull back. Currently, it is consolidating at the 4-hour level. Pay attention to the position of 0.3851 today. As long as it does not fall below this position, the 4-hour level is still in a bullish consolidation, continuing to rise. The upper target/resistance levels are near 0.3977-0.4068-0.414!
If today the 4-hour level closes below the position of 0.3851, then the 4-hour level will start to retrace. Pay attention to the support levels near 0.3764-0.365-0.3486 (0.3764 is the bottom of the consolidation area).
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