Yesterday's entire rebound was wiped out instantly after the US stock market opened. After midnight, there was another rebound, but the strength was not ideal. For a small intraday rebound to regain momentum, it needs to break through the 913-923 levels. If it fails to break through, there is still a possibility of further decline. The next lower support is at 888-877. As long as the four-hour level does not fall below this area, the structure is not considered broken. For more conservative long positions during the day, continue to watch the range and defend at 870. If this level is broken, the four-hour long setup will no longer exist, and there is no need to hold long positions. If the intraday resistance is broken on a rebound, the next targets are 932-940.
ETH is relatively stronger, with only a mild pullback, possibly due to a large inflow of funds after the upgrade. Intraday minor rebound resistance is at 3130-3150. If this level can't be broken, watch for a pullback to 3050-3030. As long as the four-hour level holds, the structure remains intact. Conservative longs can watch this range. If intraday resistance is broken on a rebound, the next targets are around 3200-3250. If it breaks below 3000, exit long positions.
SOL experienced a minor pullback after hitting the 140 resistance last night. Watch for pullback support around 130. If this level holds, a rebound is still possible; monitor long positions near this area. Intraday rebound resistance is at 135-140; if it breaks through, look to 145. Defend at 128.
I am Yaoyang, and I only follow my own trading system. If you like my content, please follow me. #十二月行情展望
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.
Tuesday BTC, ETH, SOL Intraday Views
Yesterday's entire rebound was wiped out instantly after the US stock market opened. After midnight, there was another rebound, but the strength was not ideal. For a small intraday rebound to regain momentum, it needs to break through the 913-923 levels. If it fails to break through, there is still a possibility of further decline. The next lower support is at 888-877. As long as the four-hour level does not fall below this area, the structure is not considered broken. For more conservative long positions during the day, continue to watch the range and defend at 870. If this level is broken, the four-hour long setup will no longer exist, and there is no need to hold long positions. If the intraday resistance is broken on a rebound, the next targets are 932-940.
ETH is relatively stronger, with only a mild pullback, possibly due to a large inflow of funds after the upgrade. Intraday minor rebound resistance is at 3130-3150. If this level can't be broken, watch for a pullback to 3050-3030. As long as the four-hour level holds, the structure remains intact. Conservative longs can watch this range. If intraday resistance is broken on a rebound, the next targets are around 3200-3250. If it breaks below 3000, exit long positions.
SOL experienced a minor pullback after hitting the 140 resistance last night. Watch for pullback support around 130. If this level holds, a rebound is still possible; monitor long positions near this area. Intraday rebound resistance is at 135-140; if it breaks through, look to 145. Defend at 128.
I am Yaoyang, and I only follow my own trading system. If you like my content, please follow me. #十二月行情展望