Good noon, brothers. Yesterday, the strongest performer was undoubtedly BNB, this golden shovel. It will break the previous high if it rises by 41u. Looking at the top five cryptocurrencies by market cap, SOL has already broken the previous high a few days ago. As for Ethereum, it needs to rise by 1450u (43 points) to break the previous high, while Bitcoin needs to rise by another 43 points to break the previous high. If Ethereum can keep up with Bitcoin's rise, then the current price would be around 7000. Can you imagine that?
So currently Ethereum has a demand for a rebound. As for how far it can rise, it's hard to say. Although I don't have Ethereum, I have criticized it since last year, but I still hope it can rise. Only if Ethereum rises can it lift a bunch of altcoins, and only if altcoins rise can there be a profit effect. At the same time, the brothers who have newly entered the market can recover their capital/make profits!
Today's market analysis:
$BTC Bitcoin said yesterday that if it breaks 985 during the day, it will start to correct in 4 hours. After breaking this position last night, it directly fell below the first support level and then bounced back. Today, continue to pay attention to the 985 position. If the 4-hour level closes and stabilizes above this position, this correction will end and the market will continue to rise, with the target above at the previous high of 99660!
If today the 4-hour level does not close above the 985 position, then the 4-hour level is still in correction, and the support levels to pay attention to are around 97400-96680-95760!
$ETH Ethereum today pay attention to the 3420 position, as long as the 1-hour level stabilizes above this position, the market will continue to rise, with the target/resistance levels above to pay attention to around 3453-3480-3515!
If today it breaks below the 3420 position, then the 1-hour level will start to correct, and the support levels to pay attention to are around 3385-3356-3322!
$SOL SOL today pay attention to the 257 position, as long as it stabilizes above this position, the market will continue to rise, with the target/resistance levels above to pay attention to around 260.5-264.6!
If today it breaks below the 257 position, then the 1/2/4 hour level will start to correct, and the support levels to pay attention to are around 253.4-250-246!
BNB today pay attention to the 661 position, only by stabilizing above this position can the market rise. The target/resistance levels above to pay attention to are around 671-679.7-689.5!
If today it does not stabilize above the 661 position, then the 1/2 hour level is still in correction, and the support levels to pay attention to are around 649-636.2-626.5!
DOGE today pay attention to the 0.448 position, only by stabilizing above this position can the market rise. The target/resistance levels above to pay attention to are around 0.466-0.48-0.499!
If today it does not stabilize above the 0.448 position, then the 1/2 hour level is still in correction, and the support levels to pay attention to are around 0.433-0.422-0.408!
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