Happy weekend brothers, last night's market was unremarkable. When I posted, there was a sudden drop followed by a rebound, so in a bull market, buying on dips really has no problems at all.
The brightest star at night is BNB, which is my second favorite coin. Because of today's staking, the coin price surged directly. If you have idle BNB and FDUSD, you can stake them in the Launchpool for new VANA tokens. I heard that this coin should be above 6u, but we’ll wait for it to go live; no matter what price it sells for, it's all free money!
Today's market analysis:
$BTC Bitcoin surged past the first resistance level at night and then fell back before breaking the first resistance level again, reaching the peak of the previous 4-hour level wave. As mentioned last night, if it stabilizes above 100460, the 4-hour level adjustment will end and start rising. Currently, all levels are in a bullish phase!
Today pay attention to the position at 101560. As long as it stabilizes above this position, all levels are in a bullish phase, continuing to rise with upper target/resistance levels around 102600-103210-103680!
If today breaks below 101560, then the 1-hour level will start to adjust. Pay attention to the support levels around 101055-100630-99805! (If it breaks below 100630, the 4-hour level will start to adjust.)
$ETH Ethereum had little fluctuation at night and is still walking within the 4-hour level sideways range. Today continue to pay attention to the position at 3900. As long as the 1-2-4 hour levels stabilize above this position, all levels will remain bullish, continuing to rise with upper target/resistance levels around 3945-3981-4006! (3981 is the top of the sideways range.)
If today breaks below the 3900 position, then the 1-2-4 hour levels will start to adjust simultaneously. Pay attention to the support levels around 3871-3835-3803!
$SOL SOL dropped to 220 at night and small levels started to rebound. Today pay attention to the position at 225.6. Only by stabilizing above this position will the 4-hour level start to rebound. Upper target/resistance levels to watch are around 229.3-233.5-237.6! (If it stabilizes above 229.3, the daily line will enter a bullish phase.)
If today the 4-hour level cannot stay above 225.6, it indicates that the rebound lacks strength and the market will still not rise, continuing to decline. Pay attention to the support levels around 220.4-216.5-211.8!
BNB has already surged to the third resistance level in the morning and has started to consolidate at a high level due to positive news about staking. Be aware that favorable news can turn into negative news once it lands. After two days, the staking will end, and there will be selling pressure, so pay attention to the price drop!
Today pay attention to the position at 725. As long as it stabilizes above this position, all levels are still bullish, continuing to rise with upper target/resistance levels around 731.9-743.5-754.4!
If today breaks below the 725 position, the 1-hour level will start to adjust. Pay attention to the support levels around 720.6-715.2-708.2!
DOGE is still in a 4-hour level sideways fluctuation. Today pay attention to the position at 0.406. As long as the 4-hour level stabilizes above this position, the smaller levels will start to rise, driving the 4-hour level's rebound. The upper target/resistance levels to watch are around 0.414-0.423-0.434! (If it stabilizes above 0.423, it will break the top of the sideways range, and the daily line will also enter a bullish phase.)
If today breaks below 0.06, it indicates that the rebound lacks strength and the market will still not rise, continuing to walk within the sideways range. Pay attention to the support levels around 0.4-0.393-0.386!
Since today is the weekend, there probably won't be much fluctuation in the market, so the given levels are relatively close. If you place orders, keep an eye on them yourself!
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