Good morning everyone, today's morning report + review has arrived.
Let's briefly review last night. The timely runs allowed everyone to place orders. Bitcoin was received, while Ethereum fell a bit short, which is quite unfortunate. Ethereum's rebound speed is still acceptable, but it can dip deeper as well. Let's discuss whether this wave of decline has ended. I believe we are almost at the bottom. The worst-case scenario would just be a double bottom test, with Bitcoin around 9.2-9.3 and Ethereum around 3200-3250. Altcoins can be safely bought into.
The pressure level above Bitcoin is 96000; it didn't break through this level all day yesterday, which is quite strong. 97000, 98300, 99000, 99500, 100000 are the upper resistance levels. The support levels below are 95000, 94000, 92800, 91800, 91000, 90000, which is the golden bottom.
The pressure level above Ethereum is 3370, 3400, 3435, 3475, 3500, 3530, 3565, 3600, 3635, 3670, 3700, 3750. The support levels below are 3300, 3255, 3200, 3150, 3100, 3050, 3000, which is the golden bottom.
I got stopped out last night, which is quite unfortunate.
Today's strategy summary: As long as we don't break 90K in the near term, we are looking at a bullish trend. If you entered last night, just hold on. I will issue an article when it's time to take profits. For those with no positions, take a look. Bitcoin is bullish around 93700-94000, with a stop loss below 91800 and first target at 97000-100K. Ethereum is bullish around 3260-3275, with a stop loss below 3200 and first target at 3350-3400. SOL can be bought again around 180. I will also issue an article to inform everyone in advance. If anyone has questions, feel free to leave a message.