Good evening, brothers. Bitcoin has been consolidating at the top after rising during the day, and it has been consolidating for more than half a day. Be careful of breaking out of the consolidation zone at night. If it goes up, all coins will rise in sync; if it goes down, guess whether other coins will follow down?
Here's a knowledge point: how to judge the breakout of a consolidation zone? Just pay attention to the top and bottom of the consolidation zone. A large bullish candlestick breaking above the top resistance level of the consolidation zone, and the next 1-hour candlestick closes without falling back into the consolidation zone, indicates an upward breakout.
If a large bearish candlestick drops below the bottom support level of the consolidation zone at the 1-hour level at night and rebounds without returning to the consolidation zone, it indicates that a breakdown out of the consolidation zone has occurred.
If the current 1-hour candlestick breaks below or above, and the next 1-hour candlestick returns to the consolidation zone, it indicates that the breakout/breakdown has failed, and the higher level will continue to walk within the consolidation!
Market Analysis:
$BTC Currently, Bitcoin is in a top consolidation at the 4-hour level. Pay attention to the level of 100100 at night. As long as it doesn't drop below this level, all levels are still bullish, with upward targets/resistance levels around 101816-103200-104630 (1001816 is the top of the consolidation zone).
If it drops below 100100, then the 1-hour level will start to pull back. Pay attention to support levels around 100330-99580-98690 (100330 is the bottom of the consolidation zone) #BTC走势分析
$ETH Ethereum touched the second resistance level today. Pay attention to the level of 3940 at night. As long as it doesn't drop below this level, all levels are still bullish, with upward targets/resistance levels around 3982-4007-4030!
If it drops below 3940, then the 1-hour level will start to pull back. Pay attention to support levels around 3900-3866-3816 (3900 is the bottom of the consolidation zone) #ETH走势分析
$SOL SOL touched the first resistance level today. Pay attention to the level of 229.5 at night. As long as it doesn't drop below this level, the 1-2 hour levels are still bullish, with upward targets/resistance levels around 233-237.6-240.9 (233 is the top of the consolidation zone).
If it drops below 229.5, then the 1-2 hour level will start to pull back. Pay attention to support levels around 225.7-222-218.3 (225.7 is the bottom of the consolidation zone) #SOL走势分析
BNB touched the first resistance level today. Pay attention to the level of 717.7 at night. As long as it holds above this level, the 1-hour pullback will end, with upward targets/resistance levels around 724.6-731.4-743.5 (724.6 is the top of the consolidation zone).
If it doesn't hold above 717.7 at night, then the 1-hour level will continue to pull back. Pay attention to support levels around 708.2-701.5-694.3 (708.2 is the bottom of the consolidation zone) #BNB走势分析
DOGE touched the first resistance level today. Pay attention to the level of 0.415 at night. As long as it holds above this level, the 1-hour pullback will end, with upward targets/resistance levels around 0.424-0.434-0.446 (0.424 is the top of the consolidation zone).
If it doesn't hold above 0.415 at night, then the 1-hour level will continue to pull back. Pay attention to support levels around 0.407-0.4-0.391 (0.407 is the bottom of the consolidation zone) #doge走势分析
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