BTC.ETH.SOL.BNB.Night Market Analysis
Good evening, brothers. It's been almost two years since I started in the square, and I now have over fifty thousand fans. I am extremely excited and surprised. What merit does Zhao Caishen have to be liked by so many brothers? All I can do, apart from expressing my sincere gratitude, is to continue learning and striving to provide high-quality content to assist my brothers in analysis and judgment. I want my brothers to lose less money and earn more in this market. I must not disappoint my brothers' expectations. Salute to my fifty thousand brothers and sisters 🫡,
BTC
Bitcoin is still in a consolidation phase with a tug-of-war between long and short positions. It has been fluctuating around the four-hour pressure level of 83,500 without a clear direction for opening positions. We can only wait for a breakout above 83,600 in the four-hour closing to strengthen the bullish momentum, which will then test the resistance at 85,300 again. We can only attempt to buy the rebound if it stabilizes at 83,500 in the four-hour timeframe. Around 85,000, we should reduce our positions or exit. I suggest waiting for a stable short position in the range of 86,500-87,500.
Note ⚠️ Before the four-hour level stabilizes at 83,500, do not blindly go long. The bullish momentum is unstable and could be suppressed at any time. We can wait near the three positions below: 80,000 for a 1% position, 78,200 for a 2% position, and 76,600 for a 3% position, with a target of 87,500 and 91,000.
ETH
Ethereum is currently in a four-hour rebound trend, but it is still in a consolidation zone without fluctuation. Only a breakout above 1,960 will show a bullish trend. The upper target can be seen at around 2,000 and 2,150, while the bottom support of the consolidation zone is at 1,820. As long as this position is not broken, the market will not test it again, serving as bullish defensive support. If it breaks, we will wait in the range of 1,750-1,650.
SOL
Solana has an upper pressure at 130. Do not blindly go long before the four-hour closing breaks above 130; the rebound lacks strength. We can pay attention to the three positions below: 120, 115, and 110. For the market to surge, it must at least break the resistance of 130 in the four-hour closing. The upper resistance can be seen at 136, 145, and 150.
BNB
BNB surged to the pressure of 642 this afternoon and started to move sideways. This pressure is a major level of resistance and still requires time. However, the bullish momentum is not strong enough to short. I suggest shorting in the range of 660-680 to capitalize on a pullback. The support on the downside remains at 619 and 612. Only if the four-hour closing breaks below these two positions will the upward momentum weaken. The defensive support is at 584.
#BTC☀ #ETH🔥🔥🔥🔥🔥🔥 #solana