Happy weekend, brothers! The fluctuation of BTC at night is flat, but Ether has successfully broken through the first resistance level. The one that deserves the most praise is SOL – it has been gaining strength since yesterday and just charged to the third resistance level, the momentum is super strong!



Recently, apart from BTC, other coins have been taking turns to rebound. Many brothers have been complaining that BTC is "not performing well." But looking at it from another angle: the market funds are limited, and if BTC continues to surge, not many people would dare to jump in, and the manipulators wouldn't be able to harvest the retail investors; on the other hand, other coins are relatively low in price and take turns to pump, and there will always be retail investors who can't resist chasing highs and selling lows. Capital always flows to where it can make money. Besides, if BTC keeps draining funds, how will those playing altcoins recoup their investments? This rotation actually presents more opportunities!

Today is Sunday, and I estimate I still need to work on it in the morning. Whether the market can move depends on the evening; otherwise, these small fluctuations are too exhausting to play with. It all relies on "running fast" to earn a little money, which is mentally tiring!

Key points of today's market

• Bitcoin (BTC): Focus on the resistance level 114500 on the 4-hour chart.

◦ If it does not break down, it is still a bullish rhythm. After a small pullback, there is still upward space. The resistance levels are 116000→117400→118560;

◦ Breaking below 114500 will completely end this wave of rebound, and it will continue to decline, with support levels at 113255→111625→110520.

• Ethereum (ETH): 4745 is the bulls' "lifeline"

◦ Hold 4745, all levels are on the bullish side, then push up, resistance level 4815→4855→4888;

◦ Broken below 4745, a retracement at the hourly level first, support levels 4702→4663 (the original "663" is assumed to be a typo, corrected to 4663)→4614.

\t•\tSOL: 206 not broken, bulls continue to exert strength

◦ If it does not break below 206, all levels maintain a bullish position, with upward resistance levels at 212→215→218;

◦ Break below 206, 1-hour level correction begins, support level 202→198→195.

Don't be greedy with your operations over the weekend, keep a close eye on key levels, set good stop losses, and it's safer to wait for clearer market conditions in the evening before taking action!
BTC-4.06%
ETH-6.77%
SOL-3.04%
View Original
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
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 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)