Good evening, brothers. The Binance training camp in Japan has finally come to an end. The updates have been a bit late these past few days; I apologize for that. I was supposed to post the market analysis around 10 PM, but it took over an hour for the plaza to review and post it. Just as the market surged, the points changed, so I'm sending it again!
The biggest gain this time is receiving the Best Trader of the Year award. I am very excited and happy. This honor comes from official recognition and the support and acknowledgment from everyone. Your recognition is my greatest motivation to move forward. Thank you again to every brother and sister; love you all!
The market has washed out through two days of decline, which is a small correction on the daily level, clearing some of the fully invested gamblers. I feel this decline hasn't reached its limit yet; the correction on the daily level shouldn't just be this little bit. Unfortunately, it rebounded again during the day.
There’s no way around it; corrections in a bull market cannot be shorted. It has been said before that in a bull market, we do not short, as the bull is still here. Without negative news, no big players would be willing to dump. Therefore, it is uncertain how low it will drop; the market will stabilize before reversing!
Market analysis:
$BTC Bitcoin mentioned during the day that if it stabilizes above 92675, then the 1/2 hour level will begin to rebound. Now the price has broken through the second resistance level. Currently, the small level increase in Bitcoin is driving the rebound on the 4-hour level.
Tonight, pay attention to the position at 94580. As long as tomorrow morning at 8 o'clock the daily level closes and stabilizes above this position, then this daily correction ends and will start moving upward again. Pay attention to the upper targets/resistance levels around 96512-97720-98920!
If there is a small level correction tonight, pay attention to the support levels around 93440-91878-90862!
$ETH Ethereum mentioned during the day that if it stabilizes above 3391, the correction on the 4-hour level ends and will start to move upward. Now it has broken through the third resistance level. Currently, all levels of Ethereum are bullish.
Tonight continues to rise. Pay attention to the upper targets/resistance levels around 3563-3592-3625, and for the pullbacks, pay attention to around 3512-3452-3403!
$SOL If SOL stabilizes above 230, a rebound will begin on the 1/2 hour level. Today, it briefly touched near the first resistance level. Currently, the small level increase in SOL is driving the rebound on the 4-hour level.
Tonight, pay attention to the position at 234.5. As long as the 4-hour level stabilizes above this position, it will still be in a rebound trend. Pay attention to the upper targets/resistance levels around 241.1-246.1-252.3 (if it stabilizes at 246.1, then this daily correction ends).
If the 4-hour level breaks below 234.5 tonight and fails to recover, then this 4-hour rebound will fail and turn bearish. Pay attention to support levels around 227.5-221.7-216!
BNB mentioned during the day that if it stabilizes above 613.5, the 1/2 hour level will begin to rebound. Today it reached the first resistance level at its highest. Currently, it is the small level increase driving the 4-hour rebound.
Tonight, pay attention to the position at 625.4. As long as the 4-hour level stabilizes above this position, it will start to rebound upward. Pay attention to the upper targets/resistance levels around 643-653-664!
If the 4-hour level breaks below 624 tonight and fails to recover, then this rise is just a strong rebound on the 1-hour level, continuing to drop with support levels around 616-607.6-600!
DOGE is a bit soft today; there hasn't been much movement in this rebound. It was mentioned during the day that if it stabilizes at 0.385, then the 1/2 hour level will begin to rebound. Today it reached the first resistance level at its highest. Currently, it is the small level increase driving the 4-hour rebound.
Tonight, pay attention to the position at 0.39. As long as the 4-hour level stabilizes above this position, it will start to rebound upward. Pay attention to the upper targets/resistance levels around 0.409-0.42-0.435!
If the 4-hour level breaks below 0.39 tonight and fails to recover, then this rise is just a strong rebound on the 1-hour level, continuing to drop with support levels around 0.378-0.365-0.352!
[Daily brings you the latest market analysis and precise entry points. If you need altcoin entry points, leave a comment in the comment section, and remember to follow!]
