Good evening, family: The big coin stopped falling at 8 o'clock, just as favorable news came out. The market makers will finish with the news. Grasping the market, they force people to panic sell in the afternoon and evening. When I saw the funds flowing back, I posted immediately, saying the decline has stopped. When funds enter, we need to understand how to follow. The upcoming rebound of the big market near 99000 can consider taking profits gradually. The market is now breaking the downtrend line. If this week's close has a real body longer than the shadow, the market will continue to decline next week, so everyone should manage their positions to mitigate risks.
Market Analysis:
$BTC Where can the big coin rebound? Directly look to see if it can stabilize at 98600. The upper resistance levels to focus on are: 101500~103400~105400. Currently, we are seeing a 4-hour level rebound with funds. If we cannot stabilize at 98600 at 4 AM, continue to look for downward pullback. The lower support levels to focus on are: 95900~94100~91700.
$ETH Ethereum has dropped quite deeply, from a high of 4100 to 3100, clearing a lot of low-leverage positions. This wave of rebound focuses on upper resistance levels: 3491~3634~3762. If the market cannot stand above 3500 at 4 AM, continue to look for downward pullback. The lower support levels to focus on are: 3237~3036.
$SOL This round of pullback exploded with 200 long positions. Falling down to 180 is also my personal entry point for scaling in. Controlling the average price below 180 is the previous daily level pullback point, which can be entered for medium to long-term layout. This wave of rebound focuses on the 200 mark. If we stand above 200, the upper resistance levels to pay attention to are: 210~222~234. If we cannot break above 200, the market will continue to go down, with lower support levels to watch: 183~175~163. If it dares to break down, I dare to scale in.
$DOGE is also sad, unable to maintain the upward trend, directly breaking below 0.3 to 0.27. Next, we need to focus on standing above 0.32. The upper resistance levels to watch are: 0.32~0.343~0.370. If we cannot stand above 0.32, the lower support levels to focus on are: 0.278~0.248~0.215, scale in gradually, and watch for positive news next month.
