Good evening everyone, happy weekend. Today's evening report + review is here.
Let's briefly review, it seems like only Ethereum is flying this weekend, dropping from 3400 to 3340. That should be enough for a profit-taking wave. SOL also has a 1-2% drop profit. Please refer to the end for today's trading thoughts. The weekend's altcoins are flying all over, how many have you caught? If you haven't followed yet, please help by clicking to follow and like!
$BTC Bitcoin resistance level 99000, 99500, 100000 big mark. Support levels below are 98300, 97666, 97000. The weekend's volatility range is 9.9-9.7 at most for this range. Keep oscillating.
$ETH Ethereum is very active this weekend, with another rise. Resistance levels above are 3430, 3450, 3480-3500. Support levels below are 3400, 3370, 3345, 3315, 3280. The weekend's volatility range is 3450-3320 at most. If it breaks through with another rise, it won't stop at 3450.
$SOL SOL is similar to Bitcoin, not much fluctuation. Resistance levels are 260, 263, 265 new high. Support levels below are 257, 253, 248.
Tonight's trading thought summary is mainly short positions unchanged. The only mainstream asset with significant fluctuation is Ethereum. For those taking profits tonight, you can look at the current price of 3420-3430, with a stop loss at 3450-3460 or if it stabilizes at 3500. For profit-taking, refer to support levels 3345-3315-3280. For Bitcoin, short around 99000-99300, with a stop loss if it stabilizes at 100000. For profit-taking, refer to support levels 97666-97000. For SOL, still short at 260-262, with a stop loss if it stabilizes at 265-266, and profit-taking referencing support levels 256-253.
If you have low positions, you can break even and wait for high positions to re-enter. If trading short this weekend, do not have a fixed pattern. A 1-2% drop is already quite good; take profits when needed. There will be plenty of opportunities next week. If you have any questions, feel free to leave a message.