Good evening, family: Bitcoin has reached 100k, and emotions are high. The short positions are trapped, and the long positions are also trapped. This pullback is an opportunity for shorts to exit. Continuing to pull back to induce shorts and then surge upward is what the operators want to do. If it goes down, shorts should cut losses; the operators will continue to push it up to create new highs, which will trap many.
Market analysis:
$BTC Bitcoin has broken through 100k, and this pullback is an opportunity for shorts to exit. If it breaks and retests, you can continue to look for shorts on Bitcoin; I can only tell you that it is not suitable for trading. Tonight, the market is on the 1-hour level, looking at the rebound volume. Whether the daily close can stay above 101380 tomorrow morning will determine the upcoming market highs. Pay attention to the upper resistance levels: 101380~103450~105900. If it cannot stabilize above 101380 tomorrow morning, pay attention to the support levels below: 99700~98600; shorts remember to exit.
$ETH Ethereum's recent pullback is the time to reduce short positions and cut losses. For short-term long positions, consider entering now, instead of chasing shorts. The daily close is looking at the 3890 level; if it closes above 3890, we continue to be bullish. Pay attention to the upper resistance levels: 3944~4007~4077. If the 1-hour level cannot break above 3890, the market will continue to pull back. Support below is at: 3861~3821~3769, a short-term long entry opportunity.
$SOL Pullbacks are opportunities. SOL is bullish this time, and the market is expected to break the previous high. If it closes above 234 tomorrow morning, we continue to be bullish. Pay attention to the upper resistance levels: 240~245~251. If it cannot close above 234, pay attention to the support levels below: 224~216; if it dares to break, dare to build positions in batches.
$DOGE Dogecoin is still strong, the decline is not significant. If it doesn't drop below 0.42, it will surge upward. If the market drops below 0.43 tonight, buy in batches. If the market doesn't drop below 0.43, pay attention to the upper resistance levels: 0.45~0.463~0.474. If the daily close falls below 0.43, pay attention to the support levels below: 0.417~0.40, buy on dips, and hold for next month's good news.