Brothers, good evening, Song Caimao analyzes the market.
At 9:30 PM, Non-Farm Payroll data, be aware of key points in the cryptocurrency space:
1. Huobi HTX: On the 7th at 11:00 AM, BERA will be available for deposit, and after meeting the standards, BERA/USDT spot trading will begin at 1:00 PM on the 9th.
2. On the 7th at 8:30 PM, BKOK's BKB will go live.
3. Coinbase will launch ETHFI, MicroStrategy rebrands, and Saylor may have significant Bitcoin-related announcements.
4. BlackRock plans to launch a Bitcoin ETP, Tiger 21 holds a large amount of digital currency, the US FDIC reevaluates cryptocurrency regulation, and Musk supports blockchain applications.
5. Over the past year, Binance and Coinbase have launched 84 new tokens, with only 12 currently priced above their launch prices.
BTC/USDT
● Support level: 96,021.56 (Bollinger Bands lower band)
● Resistance level: 98,951.24 (Bollinger Bands upper band)
● View: BTC is currently operating below the middle band of the Bollinger Bands, and the MACD histogram shows that bullish forces have increased, but overall it remains bearish. If the price can break through the middle band of the Bollinger Bands (97,769.40), it is expected to further rebound to the resistance level.
● Opening strategy: It is recommended to take a light long position near the support level, aiming for the middle band or resistance level.
ETH/USDT
● Support level: 2,668.42 (Bollinger Bands lower band)
● Resistance level: 2,835.71 (Bollinger Bands upper band)
● View: ETH has recently shown weak performance, and the MACD histogram indicates that bearish forces prevail. If the price breaks below the support level, it may further explore lower points; if it can stabilize and rebound, it is expected to bounce back to the resistance level.
● Opening strategy: It is recommended to attempt a short long position near the support level, but strict stop-loss measures are necessary.
SOL/USDT
● Support level: 186.88 (Bollinger Bands lower band)
● Resistance level: 214.63 (Bollinger Bands upper band)
● View: SOL is currently operating below the middle band of the Bollinger Bands, and the MACD histogram shows that bullish forces have increased. If the price can break through the middle band of the Bollinger Bands (200.76), it is expected to further rebound to the resistance level.
● Opening strategy: It is recommended to take a light long position near the support level, aiming for the middle band or resistance level.
DOGE/USDT
● Support level: 0.24421 (Bollinger Bands lower band)
● Resistance level: 0.27387 (Bollinger Bands upper band)
● View: DOGE has recently shown weak performance, and the MACD histogram indicates that bearish forces prevail. If the price can stabilize and rebound, it is expected to bounce back to the resistance level; if it breaks below the support level, it may further explore lower points.
● Opening strategy: It is recommended to wait and observe temporarily for clearer signals.
TRUMP/USDT
● Support level: 16.390 (Bollinger Bands lower band)
● Resistance level: 19.415 (Bollinger Bands upper band)
● View: TRUMP has recently shown weak performance, and the MACD histogram indicates that bearish forces prevail. If the price can stabilize and rebound, it is expected to bounce back to the resistance level; if it breaks below the support level, it may further explore lower points.
● Opening strategy: It is recommended to wait and observe temporarily for clearer signals.
BNB/USDT
● Support level: 566.2 (Bollinger Bands lower band)
● Resistance level: 585.4 (Bollinger Bands upper band)
● View: BNB is currently operating above the middle band of the Bollinger Bands, and the MACD histogram shows that bullish forces prevail. If the price can break through the upper band of the Bollinger Bands (585.4), it is expected to rise further; if it falls back below the middle band, caution should be taken against the risk of a pullback.
● Opening strategy: It is recommended to take a light long position near the middle band, aiming for the resistance level.
ONDO/USDT
● Support level: 1.2957 (Bollinger Bands lower band)
● Resistance level: 1.4356 (Bollinger Bands upper band)
● View: ONDO is currently operating above the middle band of the Bollinger Bands, and the MACD histogram indicates that bullish forces prevail. If the price can break through the upper band of the Bollinger Bands (1.4356), it is expected to rise further; if it falls back below the middle band, caution should be taken against the risk of a pullback.
● Opening strategy: It is recommended to take a light long position near the middle band, aiming for the resistance level.
Summary
Overall, market sentiment is cautious, with most cryptocurrencies in an adjustment phase. Investors are advised to attempt short long operations near support levels based on their risk tolerance and set strict stop-loss measures. Additionally, closely monitor market dynamics and changes in technical indicators to adjust strategies in a timely manner.
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