🎍1.6 Afternoon Market Insights.🎍
$BTC Insights:
The main coin has a volume drop below 98605. If it rebounds and fails to regain, cut losses on the right side. No more chasing highs; an early morning rally is not a good sign.
Re-test 97906. If it pretends to break down but regains, add a light position. Set a stop loss at the false breakdown low. If it can't regain, don't go long.
Above the main coin, watch for a 2b false breakout at 99617; try a light short position. Set a stop loss at the breakout of 100042.
The hourly level of the main coin needs to stabilize above 99313 to continue looking upward towards 99921-100468. When things deviate from the norm, something unusual must happen.
🎍
Conservative type, wait for 96054 to go long; if it breaks below 95518, exit.
The main coin cannot break below 97861 on the 4-hour level, as the atmosphere has already built up; it can only push upwards with determination.
Additionally, the main coin has broken through the 98444 consolidation zone. If it drops back to 98444 and breaks below 97861, it will return to the previous consolidation zone looking downward towards 97260-96358-95456. The risk of decline increases, so the main coin can only rise; if it drops back, it's all over.
🎍
Upper resistance: 99515-100589-101258
Lower support: 97869-97199-96466
In the hourly chart of the main coin, the white arrow indicates sufficient volume, and the price has pierced upward. It seems to be grabbing liquidity above.
🎍🎍🎍🎍🎍🎍🎍🎍🎍🎍🎍
$ETH Thoughts:
The second coin has a volume drop below 3652, cut losses on the right side.
Re-test 3609 to confirm support; go long if valid, set a stop loss on a breakdown.
For the second coin above, watch for a light short position at 3731 if reached, with a stop loss at the breakout of 3768. Pay attention to changes in volume.
If 3685 breaks out with volume, chase long on the right side, set a stop loss. Be careful to distinguish between true and false breakouts, and always set a stop loss.
🎍
The next challenge for the second coin is at 3718; it must break and stabilize above 3718 to continue aiming for upper target positions 3768-3802.
Left-side orders: 3523 light long; exit below 3500.
🎍
On the 4-hour level, do not break below 3593; if broken, look downward towards 3545-3515.
Upper resistance: 3692-3729-3769
Lower support: 3630-3609-3579
When the U.S. stock market is closed, what you see on the market is not the real market; observe whether the U.S. market opening tonight can lead the main and second coins to continue rising.
