12.15:Weekend Market Overview
$BTC Bitcoin closed the morning with a bearish doji, the market is unclear, and there are many altcoin woes, suggesting a primary focus on staying out of positions.
Bitcoin fluctuated within a range over the weekend, helpless against the 101928 resistance, retreating step by step; since it can't go up, it can only come down or move sideways, so we can look for opportunities within the range.
1H showed a Gartley pattern, with the BC completing and predicting the D point reversal zone as 100331-100403, opening a long position at D, with a stop loss at 99708, T1 target at 101221, T2 target at 101766. Risk-reward ratio around 1:1.4-1:2.
$SOL has indeed been very weak recently, consistently consolidating within a box; SOL's poor performance has affected the entire chain's MEME as well, with WIF/BONK/PNUT being greatly impacted; this round has a significant pull on DEFI, and those holding MEME need to wait for the next sector rotation for MEME to take off again. SOL's temporary support is at 215.11, 209.78, 206.61, with resistance at 226.45, 233.7, 240.94.
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