Market Analysis Today

BTC
Good afternoon, brothers. After the four-hour closing broke the level of 108700, the bullish pattern weakened. It tested the four-hour bottom support near 107200 again, and the market started to oscillate. Currently, there is a small-scale rebound. The first resistance for the rebound is at 108000. If this pressure is broken, we will look at 108500. Only if the four-hour closing breaks 108500 does the market have a chance to attempt a second high. Therefore, the defensive pressure for short positions is at this level. If the four-hour closing breaks 108500, short positions can exit. The upper target pressure continues to look at 109600 and 110400. Short positions can continue to be monitored near this pressure. If the rebound today does not break above 108500, the daily line will break down. The lower target support is at 106500 and 105000. The trading idea remains to find high shorts during the rebound.
ETH
The recent pullback of the concubine just happened to hit the daily support near 2500. It was quite satisfying to eat down the short position at 2600. Currently, the four-hour level pattern has broken. The intraday rebound pressure is at 2555. Only if the four-hour closing line breaks above this price, the market will have a chance for a second surge. Therefore, the defensive pressure for the short position is at this location. The four-hour closing line needs to break 2555. The short position on hand can be exited for now, with the upper target pressure at 2600 and 2630. The short position can continue to be monitored near this pressure, with a 2% position built. The defense should be set at 2680 for an additional 3% if the four-hour closing line cannot break 2555 today. The market will continue to decline with lower target support at 2500 and 2480. If it breaks, watch near 2430.
SOL
The daily reversal pattern of SOL was directly broken by Bitcoin yesterday, and now the daily line has broken again. The rebound pressure is in the range of 150.151. If it cannot rebound above this pressure range, the market will turn bearish. There will only be a chance for a second upward movement if the four-hour closing line breaks through this pressure range. The bullish and bearish trends can be referenced based on this pressure range, with the four-hour closing line as the standard. The support targets below are 145, 140, and 138.