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Market Analysis Today


BTC
Good afternoon, brothers. The market is really fluctuating up and down by a thousand points right now. If it weren't for trading at high and low positions, it would be hard to make any profit. Last night, Bitcoin made a second push towards the 95000 resistance. I had advised you all to pay attention to short positions near this resistance, and it yielded almost a thousand points in profit. Today, the daily trend is still a pullback, and the daily rebound resistance remains at 95000. Currently, there aren't many entry points in the small-scale oscillation. You can continue to watch the range of 92700-91700 for small long positions. If it breaks below 91700, exit manually. As for short positions, I still suggest trying in the range of 95500-96000, with a stop loss at 96300. If today’s second dip cannot break 93400, the market may experience a four-hour level rebound, and the rebound strength could be relatively large, possibly breaking the 95000 resistance. Therefore, trying shorts at 95500-96000 is relatively safer.
ETH
Last night, the concubine just happened to reach a high of 1830, and the pressure started to fall back. Currently, it is still a small-scale oscillation with a weak bullish bias. It is recommended to try long positions in the range of 1750-1730, with proper stop losses. For short positions, it's safer to wait in the range of 1830-1850.
SOL
SOL surged again at night, reaching the daily resistance of 148. For the market to turn bullish, we must wait for a daily breakout above 148; only then can we consider the correction complete. As long as it hasn't stabilized above 148, the market outlook is still a correction, with lower support targets at 140 and 135, and a stop-loss at 125.
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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