Happy weekend, brothers! Last night, the big coin only rose slightly, hitting the previous high of the last wave before coming down. The market is not fluctuating much this weekend, and it also reached a high last night. Today, we should look for a pullback during the day, focusing on low buy orders.
This week's major decline was due to negative news. The new low at 746 has been retested twice at the 4-hour level, indicating that a W bottom has formed. With Huang Mao pausing and increasing tariffs, this negative news has suddenly stopped, leading to a strong market rebound. From a technical perspective of the candlestick chart, the target for this major rebound is to see if it can break through the 885 level, of course, this is based on the absence of negative news!
Today's market analysis:
$BTC Today, pay attention to the 83000 level for the big coin. Only if the 1-2 hour level closes and stabilizes above this position will the market continue to rise. The resistance levels to watch above are around 84300-85575-86800!
If the 1-2 hour level does not stabilize above 83000 today, then the 1-2 hour level will continue to pull back. The support levels to watch below are around 81450-80200-78930!
$ETH Pay attention to the 1566 level for Ethereum today. Only if the 1-2 hour level closes and stabilizes above this position will the market continue to rise. The resistance levels to watch above are around 1590-1627-1650!
If the 1-2 hour level does not stabilize above 1566 today, then the 1-2 hour level will continue to pull back. The support levels to watch below are around 1536-1504-1470!
$BNB Pay attention to the 585.7 level for BNB today. Only if the 1-2 hour level closes and stabilizes above this position will the market continue to rise. The resistance levels to watch above are around 590.3-594.2-600!
If the 1-2 hour level does not stabilize above 585.7 today, then the 1-2 hour level will continue to pull back. The support levels to watch below are around 580.3-573.9-567!
SOL pay attention to the 120.2 level today. Only if the 1-2 hour level closes and stabilizes above this position will the market continue to rise. The resistance levels to watch above are around 122.7-127-130.4!
If the 1-2 hour level does not stabilize above 120.2 today, then the 1-2 hour level will continue to pull back. The support levels to watch below are around 116.9-112.5-109.5!
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