Good evening everyone, the evening report is here. Let's talk about the Nasdaq situation.
First, let’s discuss the Nasdaq. I've mentioned this formation many times, and the momentum hasn't reversed yet. The support level for the Nasdaq is 18700, and if it breaks, it could go down to around 18200. My target for the Nasdaq is around 18000-18200. The lower, the better, of course. Last night, Bitcoin also followed the Nasdaq, dropping by two points, and Bitcoin fell by about 3000 points. Big V also joined in.
At the beginning, I talked about my mainstream costs. Bitcoin is at 98238, Ethereum is at 3320, and I have added a bit to Ethereum. SOL's cost is still around 255. This morning, I provided Bitcoin at 985-988 and Ethereum at around 3400, which has been profitable so far with a floating profit of 2%. I suggested SOL around 258 this morning, a bit too early, almost hit my stop loss. For those who are holding short positions, I will provide entry positions for tonight at the end. These days have been quite busy. If anyone has questions, feel free to leave a message, and I will reply when I see it. If you haven't followed yet, please help by clicking follow and liking.
$BTC Bitcoin's resistance levels are 99000, 99500, and the 100K mark. The support levels below are 98500, 98000, 97000, 96300, 95500, and 95000, which is a strong short-term support.
$ETH Ethereum has not been as strong since the afternoon. The resistance levels are 3370, 3400, and 3430-3450 which are heavy daily pressures. The support levels below are 3315, 3280, 3250, 3225, and around 3200. If the Nasdaq performs well, the target tonight is 3200-3250.
$SOL SOL's resistance levels are 260, 262.5, and 265. The support levels below are 257, 253, 248, 243.5, and 238. SOL has also hit a new high, so be cautious when chasing.
Evening thought summary: Go short. For friends who are in cash, consider shorting Bitcoin at 99200-99500. Set a stop loss at 100K with only 1% risk, aiming for at least 3% profit, at least down to 97000. For Ethereum shorts, consider 3370-3400 with a stop loss at 3430-3450 and take profit around 3250-3200. When you have a significant floating profit, you can set a stop loss at cost to avoid losses. For SOL, 260 to 262 is fine; if it stabilizes at 265, then exit. In fact, you can benchmark against Bitcoin at 100K. If Bitcoin doesn't stabilize at 100K, it doesn't matter to hold. So, do your best. Bitcoin at 100K has significant fluctuations on the last day of the week. Tomorrow and the day after, during the weekend, mainstream fluctuations will be around 2-3% at most, mainly consolidating.