Good afternoon, brothers! A sunny day has begun, and it’s also a good day as the new company opens today. Previously, a 200 square meter company could profit several million. This time, with a 600 square meter first-line sea view office, the next target is A9. I also wish my brothers to make it to the next round together. Tonight, I will send out Bitcoin red envelopes for everyone, remember to follow my account at Binance Square!
It’s Monday today, yesterday closed the monthly line, and today closes the weekly line. Be careful of a pullback at the beginning of the month, I reminded about this yesterday when closing the monthly line, and today I remind again when closing the weekly line!
Last week, Ethereum closed well on the weekly chart, as it is indeed catching up. Let it continue to perform. Bitcoin closed with a true bullish and false bearish candlestick. Let's see if it can pull back this week before continuing to rise. If it doesn't rise this month, then there won't be many opportunities this year, but there will be a few months of carnival time in the first half of next year.
Now that the market is good, everyone can't get out of their spot positions and make money. After the bull turns to bear next year, it will basically be impossible to play with spot, only contracts can be played to profit and layout for the next round of major coins!
Today's market analysis:
$BTC Bitcoin is currently consolidating at a high level on the daily chart. Today, pay attention to the position of 96750. Only if the 4-hour level stabilizes above this position can we say that this pullback is over, and continue to rise with upper targets/resistance levels around 98500-99660!
If the 4-hour level breaks below 96750 today and cannot recover again, then the 4-hour level will start to pull back. Pay attention to the support levels around 95740-94780-93930!
$ETH Ethereum is currently consolidating at a high level on the 4-hour chart. The first resistance level given at night has been tested several times and has now come back down. Today, pay attention to the position of 3700. Only if the 4-hour level stabilizes above this position can we say that this pullback is over, and continue to rise with upper targets/resistance levels around 3745-3780-3825!
If the 4-hour level breaks below 3700 today and cannot recover again, then the 4-hour level will start to pull back. Pay attention to the support levels around 3655-3630-3595!
$SOL SOL is currently in a bearish pullback at the daily level. I remember someone asked me in the comments yesterday afternoon if they could go all in on SOL spot, and I replied that I do not recommend it. I don't know if he took my advice. This coin directly broke below the third support level I provided last night. Ethereum is strong while it is weak!
Today’s small-level rebound, pay attention to the upper resistance levels around 236-239.5-243! (If it stabilizes at 236, the 4-hour level will start to rebound)
If it continues to decline, pay attention to the support levels around 226-221.7-214!
BNB started to decline after hitting the first resistance level in the morning, and just now it tested near the second support level. Today, pay attention to the position of 654.7. Only if the 4-hour level stabilizes above this position can we say that this wave is just the end of a 4-hour level pullback, and continue to rise with upper targets/resistance levels around 664-671.8-677.3!
If the 4-hour level breaks below 654.7 today and cannot recover again, then the 4-hour level will continue to pull back. Pay attention to the support levels around 645.5-640-632.7!
DOGE mentioned last night that it will soon choose a direction. After breaking through the top of the consolidation zone at night, it directly surged to the third resistance level. Today, pay attention to the position of 0.43. As long as the 4-hour level does not break below this position, then the 4-hour level remains bullish. This wave is just a small-level pullback, and continue to rise with upper targets/resistance levels around 0.45-0.465-0.48!
If the 4-hour level breaks below 0.43 today and cannot recover again, then the 4-hour level will start to pull back. Pay attention to the support levels around 0.416-0.409-0.4!
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