Happy weekend! Last night's market really put on a "murder mystery" show. BTC first pretended to break out, then quickly fell back, continuing to oscillate within the range. In contrast, Ether's performance was much more impressive, not only breaking through the previous consolidation range but also successfully reaching the first resistance zone, and then starting a technical pullback on a smaller scale.
Since there has been a pullback action at night, the daytime market will likely enter a consolidation phase. Additionally, market participation is usually low on weekends, so the overall volatility is expected to be relatively mild. Everyone can pay more attention to the support strength at key positions. Today's trend observation: BTC Currently, the 4-hour level is still in a sideways consolidation. Today, more attention can be paid to the performance of the key positions above. If it can effectively break through the upper edge of the consolidation area, it may further test the resistance zone upwards. If it fails to effectively break through, it may retest the lower edge of the range to seek support. As long as it does not fall below this level, there is still a possibility of a pullback. Ether (ETH) Today, pay close attention to the movements around the 4000-point mark. If it can stabilize at this position during the pullback process, it indicates that the smaller trend remains relatively strong, and there is hope to continue testing the resistance area upwards. If the pullback falls below 4000 points, attention should be paid to the performance of the next support area. As long as it does not break the key support, the overall structure remains stable. SOL Today, we can pay attention to the pullback situation near 198. If the pullback does not break, it indicates that the 4-hour level rebound structure is still valid, and there is hope for further upward testing of the resistance zone. If the pullback falls below 198, it may enter a short-term adjustment, and the defense situation of the next support area below can be observed. --- Warm reminder: Market trends change rapidly, and this article is only a personal market observation note, not constituting any investment advice. Please make rational judgments, pay attention to risk control, and make cautious decisions~
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Happy weekend! Last night's market really put on a "murder mystery" show. BTC first pretended to break out, then quickly fell back, continuing to oscillate within the range. In contrast, Ether's performance was much more impressive, not only breaking through the previous consolidation range but also successfully reaching the first resistance zone, and then starting a technical pullback on a smaller scale.
Since there has been a pullback action at night, the daytime market will likely enter a consolidation phase. Additionally, market participation is usually low on weekends, so the overall volatility is expected to be relatively mild. Everyone can pay more attention to the support strength at key positions.
Today's trend observation:
BTC
Currently, the 4-hour level is still in a sideways consolidation. Today, more attention can be paid to the performance of the key positions above. If it can effectively break through the upper edge of the consolidation area, it may further test the resistance zone upwards.
If it fails to effectively break through, it may retest the lower edge of the range to seek support. As long as it does not fall below this level, there is still a possibility of a pullback.
Ether (ETH)
Today, pay close attention to the movements around the 4000-point mark. If it can stabilize at this position during the pullback process, it indicates that the smaller trend remains relatively strong, and there is hope to continue testing the resistance area upwards.
If the pullback falls below 4000 points, attention should be paid to the performance of the next support area. As long as it does not break the key support, the overall structure remains stable.
SOL
Today, we can pay attention to the pullback situation near 198. If the pullback does not break, it indicates that the 4-hour level rebound structure is still valid, and there is hope for further upward testing of the resistance zone.
If the pullback falls below 198, it may enter a short-term adjustment, and the defense situation of the next support area below can be observed.
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Warm reminder: Market trends change rapidly, and this article is only a personal market observation note, not constituting any investment advice. Please make rational judgments, pay attention to risk control, and make cautious decisions~