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Night market analysis


BTC
Good evening, brothers. The market has been consolidating all afternoon, but it hasn't managed to rise. After a series of peaks in the evening, it directly dropped down. The upward trend seems weak, and currently, the four-hour level support is broken. In the night, if the one-hour level cannot stabilize above 104000, it's difficult for the market to make a second upward push. For long positions, it is recommended to consider once it stabilizes at this resistance. The upper target resistance is first set at 105000-105800. Before stabilizing, the market is expected to look for a pullback, with the lower target support at 101400 and 100800. A pullback near 100800 could be an opportunity to try long positions, with a stop loss at 99300.
ETH
The current support level for the aunt is only one four-hour support that has not been broken. The night market needs to trend upward, and at least a two-hour close above 2638 is required for a chance to make another high. If the two-hour close does not stabilize above 2638, there is no need to consider long positions; the market will look for a pullback. If it falls below 2564, the pullback strength will be greater. The lower target support can be seen around 2410, and if that is broken, we will look at the range of 2330-2270.
SOL
SOL is currently breaking out on the four-hour chart as well. For the market to attempt a second rally, it must close above 180 at least on the two-hour level. Only then is there a chance. If the two-hour close does not stabilize above 180, there is no need to consider long positions. The support for a pullback is around 166, and long positions can be monitored near this support.
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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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RandomThePriceOfBitconvip
ยท 05-15 15:19
Bitcoin continues to grow as optimism about its future grows
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GateUser-0f28e4favip
ยท 05-14 16:35
HODL Tight ๐Ÿ’ช
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