Hot News:
1. After experiencing a new wave of FUD, $BNB successfully set a new historical high. After all, when other centralized exchanges (CEX) face negative news, it is Binance's (@binance) day to benefit.
2. BNB's market value exceeded $100 billion, surpassing BYD and ABB, rising to 186th place in the global asset ranking.
3. Sun Yuchen (@justinsuntron) claims that $TRX will become the next XRP, after which its price surged over 30% overnight. One should not fully trust what Sun says; the key lies in his actions. The sectors associated with Sun Yuchen, such as TRX, SUN, JUST, and $BTT, all rose collectively.
4. Grayscale seeks to convert its Solana trust fund into a spot ETF and plans to list on the New York Stock Exchange.
5. The turmoil caused by South Korea's martial law led to huge negative premiums at exchanges like @upbitglobal, which in turn had a cascading effect on global cryptocurrency prices.
6. The Canadian listed company Bitcoin Well chooses Bitcoin as a reserve asset.
BTC
Yesterday's entry position of 93500 - 92800 was quite extreme, and entering at whole numbers was challenging, so it's recommended to leave a little space at whole numbers when placing orders. Currently, after the H4 triangle's lower edge has been tested, we look upwards towards the triangle's upper edge, needing to pay attention to distribution timing in the 97400 - 98100 area. The short-term second retest support is in the 94400 - 93900 range. It should be noted that once the triangle edge is effectively broken or dropped, a timely transition between long and short positions should be made to follow the trend.
ETH
Yesterday, we accurately grasped the entry opportunity at the lower edge of 3530, and successfully took profits when rebounding to the 3700 - 3740 resistance area, successfully reproducing the perfect wave. The current price encounters resistance in the 3700 - 3740 area, and we are looking to short after the rebound. The position is already in profit. If there is a second surge in this area, we can pay attention to distribution opportunities in the 3670 - 3700 region, with support below at 3580 - 3540, allowing for oscillation operations within this range.
SOL
Yesterday, a precise hit at the 217 - 212 position, successfully rebounded to the 236 - 239 area for profit taking, also showing a perfect wave. Currently, we are focusing on the H4 resistance area of 242 - 246 for distribution opportunities, with support below at 225 - 220.
