Night Market Analysis for Bitcoin, Ethereum, BNB, SOL, DOGE
Good evening, brothers. After finishing the live stream in the square, I played a few games of pool. Why did it drop so fast? Who is selling valued coins? Oh, it turns out that the whales are rescuing the short sellers. Don't be too happy too soon; this is just a normal pullback after a wave of increase! Night Market Analysis: Bitcoin is currently in a pullback at the 1-2 hour level. Pay attention to the position of 107035 during the night. Only if it stabilizes above this position at the 1-2 hour level will this pullback be considered over and the market will continue to rise. The upper target/resistance levels to watch are near the previous high of 108220! If the night does not stand above the position of 107035, then continue to pay attention to the support levels below near 105710-104865-103635!
$SOL is a typical example of a retail investor; today when it dropped to 217, I didn't buy, and then in the morning it surged. Afraid of missing out, I bought in at 225, and damn it, I got stuck. It's frustrating!
Good morning brothers, a new week has begun. Waking up to a surprise, Bitcoin has broken through its previous high again. So, the same saying holds: every dip is Bitcoin inviting you on board. Unfortunately, many only see altcoins, thinking they double faster. But do your altcoins really double? Bitcoin may drop and then return to its original point, while altcoins rebound weakly after a drop. To put it another way: if you invest 500,000 buying Bitcoin, it might grow to 600,000 after a month of a significant drop. However, if you invest all in altcoins, it might drop to 400,000 after a month. Why? Because Bitcoin tends to be more resilient during downturns and rebounds quickly. When Bitcoin drops 10%, altcoins may drop 30%. Bitcoin often recovers its losses, but altcoins might only recover 50%. We need to focus on whether our total funds have increased and whether we can outperform Bitcoin, rather than just fixating on how many digits your altcoins have!
The dog market is directly reversing, both long and short with high leverage are struggling. Let's ambush at the associated support, only trade Ethereum, Solana, and touch other coins; other coins are trash. The previous low for Ethereum is 3820.8, ambush at 3756.6, position 5.5, defense at 3717. For Solana, ambush at 213.78 and 208.89, position 5.5, defense at 203.88.