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Good afternoon, brothers. Woke up from a deep sleep and washed my face. The small pump at night went down so much, and now it has rebounded. What did I say last night? I told everyone not to chase and wait for the pullback. How about that? Got it right again! Did you enter a position on the pullback?
Last night's first resistance level has been reached. This morning, after Ethereum dropped to the second support level, it started to rebound. Even entering a position at the first support level would have been profitable. For those who entered a position, make sure to set a trailing stop, and don't let profits turn into losses. Has anyone noticed that only Bitcoin is the strongest? During this drop, other coins have all hit the second support level, but Bitcoin only touched the white line level before it began to bounce back. Tell me loudly, who is the strongest!
📊 Today's Market Analysis:
#btc Bitcoin, pay attention to the position of 107780 today. Only if it stabilizes above this position will this 1-2 hour level pullback be considered over, and the market will continue to rise. The resistance levels to watch above are around 108900-109700-110330!
If the 1-2 hour level closing price cannot stand above the position of 107780 today, it means the market won't go up, continuing to consolidate or decline. Pay attention to the support levels around 106700-105820-104930!
#eth Pay attention to the 2617 level for Ethereum today. Only if it holds above this level can the current 1-2 hour level pullback be considered over, and the market will continue to rise. Keep an eye on the resistance levels around 2668-2705-2743!
If the 1-2 hour level closing price does not stay above the 2617 position today, it indicates that the market cannot rise, and will continue to consolidate or decline. Pay attention to the support levels around 2570-2528-2491!
Personal opinions are for reference only.