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Good afternoon, brothers! Yesterday, BlackRock bought 1225 Bitcoin to drive the market up sharply. Bitcoin rose nearly 10% yesterday, and the gains of other coins are evident.
Bitcoin broke through 70,000; now watch the 71,5-72,000 range. This level is the high point of the previous upward wave on the daily chart. If it can't break through, a downward correction may follow. If it does break through, then watch near 76,000-79,500.
Today, Bitcoin retraced to 676-663; this level still offers a good long opportunity. Ethereum is around 1970; a long position can be considered. The recent volume surge has led to a daily-level rebound. Today, expect some consolidation on smaller timeframes. After such a strong rally, an upper shadow has appeared. Short-term, look for retracements to go long!
Market analysis for today:
Pay attention to 67620 for Bitcoin today. As long as it doesn't break below this level on a retracement, the bullish trend remains intact. Keep an eye on resistance levels at 70,000-71,700-74,100!
If later today, the retracement breaks below 67620 and closes below it, a 1-2 hour correction may begin. Support levels are around 66,280-69,490-63,830.
$BTC
Ethereum today, watch 2035. As long as it doesn't break below this level on a retracement, the bullish trend remains. Keep an eye on resistance levels at 2105-2150-2195!
If today, the retracement breaks below 2035 and closes below it, a 1-2 hour correction may start. Support levels are around 1970-1925-1890! $ETH
SOL today, watch 87. As long as it doesn't break below this level on a retracement, the bullish trend remains. Keep an eye on resistance levels at 90-92-94!
If today, the retracement breaks below 87 and closes below it, a 1-2 hour correction may begin. Support levels are around 83-81-78. #sol #eth #比特币 $SOL