2.22 Night Market Analysis📊


The market is not optimistic, and the bulls still see no hope; the rebound pattern has broken down! Continue to short on the rally,
⚠️ Pay close attention to the support levels at 66,500~65,600 during the night. If support holds, go long again; if it breaks, head straight to the support levels at 62,500 and 61,000~60,000 as shown in the daytime chart.
The market has been fluctuating within a narrow range for a long time. Since it cannot rebound to test the previous high, a second bottom test is inevitable!

⚠️ Resistance for the rebound is at 68,000~68,500. If the daily chart cannot stabilize here, continue to short. Only if the daily chart stabilizes here will it be a sign of bullish strength.

ETH
⚠️ Watch for a pullback to support at 1920~1894. If going long, set a stop loss at 1880.
Strong support is at 1830~1750.
We need some negative news to push it there; without news, it might continue to fluctuate for a few more days!
⚠️ Nighttime resistance for the rebound is at 1965~2000.
Aggressive traders can short here.
If the rebound breaks through this resistance zone, the bears can continue to enter between 2038~2100.

SOL
SOL support is at 81; if broken, look at the 79~77 range.
Nighttime resistance is at 85~87.
ETH-0,85%
SOL-2,49%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)