2024.11.19.BTC.ETH.SOL.Intraday Market Analysis

Good afternoon, brothers. The market has been in a sideways consolidation for several days now. In fact, there is not much to do in such a market. As I analyzed with the brothers yesterday, what’s the point of trading without direction? Short at the lowest point, long at the highest point, and back and forth just can’t withstand the fluctuations. It’s better to wait patiently for a clear direction. Below are some operation thoughts to share with the brothers for reference.

BTC

Bitcoin remains high, currently forming a sideways consolidation above the four-hour support level of 91,000. It seems like it is consolidating and gathering strength. In terms of operation, observe whether the four-hour chart breaks through 93,400. A breakthrough will lead to a wave of upward movement. The operation continues from yesterday’s thoughts:

Start trying light short positions near 93,200, short at 93,500,

Second position: light short in the range of 95,000-96,000, short at 96,500.

If it reaches 100,000, consider a three-times leveraged 5% position for a medium to long-term short.

Intraday support below: 90,915. If this position is broken, the four-hour chart will enter a correction again, with lower support at: 89,307.87678..86,700.#BTC☀

ETH

Ethereum rebounded to the second resistance level I mentioned yesterday and is now falling back. Although the daily line closed, it has now dropped back near the four-hour support. If the four-hour close drops below 3,120 again, this wave of the market will not go up and will continue to test lower: the position of 3,016. If broken, watch 2,904 and 2,808 around these positions. If the four-hour close does not drop below 3,120, continue to watch the upper resistance: 3,162.3,222.3,330#ETH🔥🔥🔥🔥

SOL

SOL is currently starting another small-scale upward movement: upper target resistance: 248.260. Pay close attention to the support at 240. If this position is broken again, the small-scale upward movement will end: lower support to watch: 235.229.220.#sol趋势