Good morning everyone, today's morning report + recap is here.
Let's do a simple recap, it was quite good before sleeping. Bitcoin made a profit of 1800 points, Ethereum didn't even break even before sleep, and SOL also had a profit of 2%. It feels like waking up to a fallen sky. Bitcoin 9.5 still isn't that easy to get. Last night's performance of Ethereum was also eye-watering, it was extremely weak.
Bitcoin's lowest support was 9.1 in the early hours of 49273551076, and it hasn't broken yet. Let's first look at the short-term support levels at 91800, 91000, and 90k. The short-term strong support is at this level; as long as it doesn't break, I will continue with the low long strategy. The resistance levels above are 92850, 94000, and 95000, which are strong short-term pressures.
Ethereum is hard one day and soft the next. Do you think it will be hard or soft today? The support levels below are 3300, 3280, 3250, 3225, and 3200, which are strong short-term supports. The resistance levels above are 3315, 3345, 3370, 3400, 3435, 3470, and 3500.
SOL follows the same thought process, tracking the market.
Today's summary of thoughts: the low long strategy remains unchanged. I haven't exited my positions; I was confused and forgot to set my cost, which led to losses. Let's talk about my costs: Bitcoin 92985, Ethereum 3377, SOL 227.85.
Today's entry position for holding is around 91800 for Bitcoin, looking for stability near 91000. Stop-loss is below 90k. Take-profit is looking at around 95k first; if it breaks and stabilizes, we can continue to hold. For Ethereum, look for stability near 3280, and aggressively around 3300. Stop-loss is set below 3250, or 3225, or below 3200. Take-profit is looking at 3400-3435-3470-3500. A slight rebound could easily reach 3500. For SOL, the aggressive position is around 227, while for stability, we can long near 224. Stop-loss is below 220, and take-profit is looking at 235-238, which is a heavy resistance. If it breaks, we can continue to hold.