Today's Market Analysis

BTC
Good afternoon, brothers. The market this weekend is really getting out of hand, with fluctuations of less than five hundred points in a day. The strategy from yesterday hasn’t hit the stop-loss or made a profit until now. In this kind of market, you don’t even need sleeping pills to sleep well. Let’s see if there will be some fluctuations today. Currently, the overall market looks weak in its rebound. The trading strategy remains mainly short with some long positions as support. The current price is 107950, and you can still try a short position with a stop-loss at 108400. Remember to always carry a stop-loss. Once the stop-loss is triggered, the market can easily surge and rebound. If the stop-loss is hit, we can continue to wait for a short position in the 109500-110500 range. If there is no rebound and it breaks down to the daily support levels of 107600 and 107200, aggressive long positions can be opened around 107600 for a hedge, with a stop-loss at 107200. This way, regardless of whether the market goes up or down, we have positions in hand, and we just need to see which side hits the stop-loss first. Only if it breaks below this range will there be significant downward space, with targets at 106500 and 105000. Long positions can still be monitored in this range.
ETH
The pressure for the concubine's rebound is 2530. Currently, the price at 2510 can still try short positions, with a stop loss at 1.2530. Remember to always bring a stop loss; once the stop loss is triggered, the market can easily surge and rebound. If the stop loss is hit, we can continue to wait for shorts in the pressure range of 2555-2600. If it does not rebound and surges up to the daily support at 2480, aggressive long positions can be opened near 2480 to hedge. The stop loss is at 2470. This way, regardless of whether the price goes up or down, we have positions in hand, and we just have to see which stop loss gets hit first. Only if it breaks below this range will there be significant downside potential, with targets at 2430 and 2370. Long positions can continue to pay attention near these two support levels.
SOL
The rebound pressure for SOL is 148.7. Only by breaking through this pressure will the market reverse. Those holding short positions should defend this pressure; if it breaks, they can stop loss or exit. The upper target pressure is 150.155. If it does not break, the outlook remains bearish, with lower target support at 145.140.138.