$BTC $ETH $SOL
12.1 Zero Point Analysis Issue 77
Ethereum's monthly golden cross directly to 5000? The significant corrections at the end of each month are expected to break the spell. The monthly line is fully in golden cross, and every correction should be cherished, the deeper the dip, the higher the bounce.
Over the weekend, it retraced from a high of 986 to 956, with a 6-hour triangle continuing to compress, continuously clarifying the upper structure. However, many people are looking for a significant correction tonight and tomorrow, and of course, I am also looking for a correction. But if this correction is to squat deeply, it will clear the shorts upward again. Currently, the 12-day line is making a golden cross, and the weekly and monthly lines continue to be in golden cross. Multilateral market resonance.
It is necessary to note the dual needle phase of the daily line, the posture for an upward attack has already been set. The possibility of inducing more buying is relatively high. The higher it goes, the greater the risk of a correction may be.
Ethereum's price before the analysis was already at 3700, and tonight it will make a strong push to break through 375, lingering for a while and possibly continuing to push towards 3800, making a high and then retreating to 3500. The monthly line golden cross of Ethereum has just begun to form, the higher it goes, the more it needs to wash out positions. Still, the saying goes, Ethereum will be like Bitcoin and won’t give too many people opportunities. Contract players should pay attention to risks. As the largest altcoin leader, Ethereum has seen several historical drops from 4000 to 3000. Bitcoin may have a lower correction risk due to the support of the ETF, but Ethereum's sense of faith is certainly not as strong.
Several analyses on Sol have basically achieved a hit rate of 90% in the range because the fluctuation ranges each time are quite large. The Solana ecosystem is weakening while the Ethereum ecosystem is strengthening.
In terms of operations, it is recommended to wait for tomorrow's weekly close. Those who are aggressive can short at 98 on Bitcoin, breaking 986 to stop loss.
The real short position is between 3850-3950, where a large volume of selling will appear.
Continue to short around 245 on Sol, with a stop loss at 250.