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Night Market Analysis
BTC
Good evening, brothers. The big pie began to surge and rebound tonight. The short-selling strategy provided in the afternoon analysis was caught off guard, but we prepared for both scenarios with a long position near the daily support at 107600 for locking. This way, regardless of whether it rises or falls, we have positions in hand, just an additional short position. The reason for advising brothers to take this action is that the daily support has not been broken, and there is still a chance for a counterattack. I have also been reminding brothers to remember to set stop losses for the short-selling strategy. Currently, the pressure in the sideways zone has been broken, and we continue to look at the pressure around 109500-110500 above. For brothers who want to go short tonight, try to wait around 110000, with a stop loss at 111800. Plus, tomorrow morning we will switch to the weekly line, so it’s also possible to have another surge. Control your positions well, and there may be a pullback to the support at 108400 tonight. If this level is broken, the market will continue to oscillate. The daily support is at 107600; if this level is broken, the daily support will be lost, and it will be bearish at the daily level. As long as these two levels are not broken, the market remains bullish.
ETH
The secondary support at 2530 will be tested at night. If it does not break below this level, the market will continue to trend bullish, with upper target pressures at 2600 and 2630. Short positions can be attempted within this range. If the four-hour closing line falls below 2530, the bulls can be defended, and the market will enter a consolidation phase again. The daily support is at 2480. If this level is broken, the daily trend will turn bearish. For long positions, it is advisable to give up if the four-hour closing line falls below 2530. As long as the four-hour closing line does not break below 2530, the market remains in a bullish trend.
SOL
The recent surge in SOL has broken the daily resistance of 148.7. Once this pressure is broken, the market can easily reverse. As long as the four-hour closing does not fall below 148.7 again, short positions should be waited for at high levels to catch the pullback. The upper target resistance is at 154.156.160. It is recommended to attempt short positions in the range of 156-160. If it can pull back to around 148.7 again, a small position can be tried for long, but set a stop loss to manually exit if the four-hour closing drops below 148.7. Remember to exit if the level is broken, as it indicates that this reversal has failed. Holding on is meaningless.