Market Analysis for Today

BTC
Good afternoon, brothers. After a wave of market surge, the market has once again entered a period of fluctuation, with two or three white points of ups and downs. Those who are still stuck and haven't been liquidated are really suffering in this kind of market, unable to eat or sleep well. I'm just afraid that it might break through and rise at any moment 😅. Here are a few reference values for you: under what circumstances will the market come down for a correction? The bottom support of the consolidation area is at 102300. As long as the one-hour closing line breaks below this position, the market will go down for a correction. The time the closing line breaks indicates when the downtrend starts, with the lower target support at 101000 and 100000. The defense is at 97900. If the one-hour closing line does not break the position of 102300, the market will remain in consolidation. There is a reference value at 103000; if the market consolidates above this price, the bulls will have strength, and there is still a chance to push up to the resistance of 104300. If this resistance is broken, the next strong resistance will be around 106500. So for those who are stuck, it is advisable to keep the short-term strong position above 98000 for relative safety. For those who are not stuck, be cautious with short positions around 96500.
ETH
The secondary market is currently in a sideways trend with little volatility. The defense position for long positions is within the range of 2310-2270. As long as the hourly closing price does not fall below this position, the bullish momentum remains intact. The target pressure above can be seen near the positions of 2420 and 2488. Intraday short positions can be monitored near these two pressure points, while conservative shorts should pay attention to the strong resistance around 2550. Only when the hourly closing price falls below 2270 will the smaller time frames start to retrace. The support for the downward pullback is at 2186, 2145, and 2100.
SOL
SOL is pulling back at a small level, with support at 167 below. As long as it doesn't break this level during the pullback.
The position of parents still has strength, with resistance above at 175.180. Short positions can be attempted near these two levels of pressure. For this wave of market movement to pull back, we need to wait for a four-hour closing line to break below 167. Whenever the four-hour closing line breaks below this level, we can start counting; the target support below is at 160.155.