BTC


This interval has been mentioned repeatedly in recent days, and BTC has also been oscillating in this range for almost ten days now. At this current time point, it is a very important turning point. Currently, what needs to be noted about BTC at this position is the resistance at the daily level. As long as there are no consecutive bullish candles breaking through the range of 120,000 to 122,000 at the daily level, this position should be monitored for short-term risks. However, a significant short-term correction is not expected; it will continue to oscillate around this range and form a temporary top. Therefore, the intraday strategy remains the same: support at 116,300 below and resistance above at 120,000. Whichever side breaks through will dictate the direction.

ETH
Ethereum retraced to around 3610 yesterday as expected, but it did not break through. Instead, it made a rebound upwards. Currently, both the daily and weekly levels are actually looking positive. The significant drop that everyone mentioned is not visible. Next, we need to pay attention to the four-hour level of Ethereum. As long as it does not break below the zero axis on the four-hour level, there is a chance for another rebound. This is because the daily level currently does not show any short signals. Meanwhile, this position will likely oscillate for a longer time, with the oscillation range between 3633 and 3825. Since the market has reached a corresponding high, it's important to have good defense when placing trades. Short-term support is at 3717 to 3650, and resistance is at 3792-3820-4000.

BNB
The largest exchange token in the world, with a deflationary mechanism. BNB has been in a sideways trend for a year on the monthly chart and is expected to break out. Recently, Nano Labs acquired 45,684 BNB through over-the-counter trading, with an average purchase price of about 764 USD per BNB. It can be seen that the cost price for everyone is about the same, without excessive profit-taking, unlike ETH. ETH has seen a threefold profit for some traders over the past few months, with 90% of addresses in profit. The potential for large funds to invest in BNB is still good.
By the end of the year, it should be able to stand at $900.
From a technical perspective, if there is an opportunity to pull back to around 740, we can pay attention to #山寨季来了?# .
BTC-1.32%
ETH-3.71%
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