Greetings to investors at noon, Bitcoin's recent upward momentum has weakened. After briefly touching the 110,000 resistance level last night, it retreated, and then fell below the 109,500 support level, officially entering the pullback phase. The current four-hour level has shown a pullback pattern, and the first support level of 108300 has also been broken, and only the daily defensive support of 106300 is left below the pullback. It is recommended that long investors wait for the price to approach the support level before trying to enter the market, and be sure to set a stop loss. If this support level is breached, watch for a possible bottom near 105300. The resistance range of the upper rebound in the day is 108300-109000, and it will take at least one hour to break through the level and stand above 108300 before the small level rise will be relatively stable. Therefore, before the one-hour level fails to stabilize above 108300, the market is still in a state of correction, and the rebound is limited, so it is not recommended to rush long.
Ethereum is also in a pullback trend on the four-hour level, with a resistance level of 2785 above. A four-hour closing above this resistance level is needed for the market to potentially form a second surge, with target levels of 2860 and 2910 in sequence. Currently, the price has just touched the support at the bottom of yesterday's line, and the key is whether it can break through the 2785 resistance in four hours. If it fails to break through, it may continue to pull back, and after breaking 2745, pay attention to the support levels at 2700 and 2655. A conservative long positions strategy can consider waiting for opportunities near these two levels.
Solana's current price just touched the support level around 160, which is the bottom of yesterday's chart. The subsequent trend depends on whether it can break through the resistance level of 162. A four-hour close above the resistance of 162 is needed to expect a second upward surge. As long as it does not stabilize above the resistance of 162 on the four-hour chart, the four-hour level will maintain a pullback trend. If it falls below the support of 160 again, one should pay attention to the daily chart's defensive support at 155. A conservative approach to going long can look for opportunities near this support.
Binance Coin is currently in a pullback trend at the four-hour level, with a rebound resistance at 667. It is necessary to break through this resistance with a four-hour closing line for the possibility of a second rally. Until stability is achieved, the main expectation remains a pullback. The pullback support levels below are 662, 657, and the final defense level is 650. Long positions can be considered to start positioning around 657.
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Greetings to investors at noon, Bitcoin's recent upward momentum has weakened. After briefly touching the 110,000 resistance level last night, it retreated, and then fell below the 109,500 support level, officially entering the pullback phase. The current four-hour level has shown a pullback pattern, and the first support level of 108300 has also been broken, and only the daily defensive support of 106300 is left below the pullback. It is recommended that long investors wait for the price to approach the support level before trying to enter the market, and be sure to set a stop loss. If this support level is breached, watch for a possible bottom near 105300. The resistance range of the upper rebound in the day is 108300-109000, and it will take at least one hour to break through the level and stand above 108300 before the small level rise will be relatively stable. Therefore, before the one-hour level fails to stabilize above 108300, the market is still in a state of correction, and the rebound is limited, so it is not recommended to rush long.
Ethereum is also in a pullback trend on the four-hour level, with a resistance level of 2785 above. A four-hour closing above this resistance level is needed for the market to potentially form a second surge, with target levels of 2860 and 2910 in sequence. Currently, the price has just touched the support at the bottom of yesterday's line, and the key is whether it can break through the 2785 resistance in four hours. If it fails to break through, it may continue to pull back, and after breaking 2745, pay attention to the support levels at 2700 and 2655. A conservative long positions strategy can consider waiting for opportunities near these two levels.
Solana's current price just touched the support level around 160, which is the bottom of yesterday's chart. The subsequent trend depends on whether it can break through the resistance level of 162. A four-hour close above the resistance of 162 is needed to expect a second upward surge. As long as it does not stabilize above the resistance of 162 on the four-hour chart, the four-hour level will maintain a pullback trend. If it falls below the support of 160 again, one should pay attention to the daily chart's defensive support at 155. A conservative approach to going long can look for opportunities near this support.
Binance Coin is currently in a pullback trend at the four-hour level, with a rebound resistance at 667. It is necessary to break through this resistance with a four-hour closing line for the possibility of a second rally. Until stability is achieved, the main expectation remains a pullback. The pullback support levels below are 662, 657, and the final defense level is 650. Long positions can be considered to start positioning around 657.