sol has confirmed a reversal, and the weekly adjustment has ended. The Market Maker pumped strongly in the morning, indicating a positive outlook for the future. It has successfully broken through the 200 level and is now targeting 210-217. Today, after closing short orders, it will turn into Market Maker Long. There will be take profit opportunities for short orders during the European session and late night. Resistance levels above: 214, 222. If you want to enter a short position again, it is recommended to take a Light Position. If hedging is required, the long position should be increased to three times the short position, preparing for a slight counterattack.
BTC is currently rebounding, but not reversed yet. When the 3-day line MACD releases a signal that weakens the downward momentum, it will be preliminarily judged that a reversal is imminent. So, as I mentioned yesterday, analysts' bearish views of 80,000 and 76,000 are two different things from shorting contracts, and there are many variables in between. Today's upper resistance: around 97,200-97,550.
ETH was analyzed briefly yesterday, with the support at 3300 holding for several days without breaking. As long as it holds, buying opportunities can be sought on pullbacks nearby. The biggest resistance above in recent days is at 3560. If it can break through to 3660 and hold, then the next target is 4k.
Yesterday I also posted that there will definitely be a rebound before Trump's inauguration on January 20th. The Fed meeting on January 24th will not raise interest rates this month, and the timing of the Japanese interest rate meeting on January 29th. From January 24th to the end of the month, it will fluctuate. It must rebound before that. If there is no rebound and it keeps falling, it will be a bear market with a one-sided decline, which obviously does not conform to the characteristics of the bull market in 2025.
