1.4 Afternoon Insights and Trading Suggestions
BTC:
Brothers, good afternoon! The weekend is here again, and the market has started to consolidate, which is both exciting and frustrating. Last night, I thought the big coin could easily break above 99800, but it lost momentum at 98900. It seems the upward force is still lacking a bit of heat. Currently, the big coin is experiencing a one-hour level correction, with support levels at 97786, 97369, and 96000. As long as these levels hold, we remain bullish. The resistance levels above are 98939 and 99871, and we can look for short-term trades around these support and resistance levels.
ETH:
The second coin is similar; it hit the resistance level of 3622 last night and then started to retreat. Now it's also in a one-hour level correction. The support levels below are 3560, 3521, and 3440. As long as it doesn't break below these levels, the market outlook remains bullish. The resistance levels above are 3623 and 3726, so everyone should keep an eye on these.
