Hello investors, today we will analyze the latest market trends of major Crypto Assets.



After a period of sideways consolidation, Bitcoin (BTC) has finally shown a clear directional trend. A bearish candle this morning broke through the bottom support pattern, indicating that a pullback may begin at the daily level. The target price for this pullback may be around 110000. Currently, the short-term rebound momentum is weak, and attention should be paid to the resistance levels between 117000 and 118000 for the intraday rebound. If these two key positions cannot be broken, the market is likely to continue its pullback. Given that the recent market has been rising for more than a month without a significant pullback, investors should be cautious with long positions and be alert to potential sharp fluctuations in the market.

Ethereum (ETH) is performing relatively strong, maintaining a bullish trend on the daily level. However, a breakout has occurred on the four-hour level, with resistance at 3660. Only if the four-hour candlestick closes above 3660 is there a possibility for a second rally. Higher resistance levels are at 3760 and 3850. Before the four-hour candlestick can firmly establish above 3660, the market could anytime pull back to the daily support range of 3530-3470. If this range is broken, the daily level may begin to correct.

The daily chart of Solana (SOL) is facing an important resistance level at 185. Only if the four-hour K-line can close above 185 is there a possibility of a second rally, with resistance levels at 193 and 200 above. Before stabilizing above 185, the market tends to pull back, with support levels at 170 and 160 below.

Binance Coin (BNB) remains in a bullish trend on the daily chart, but has broken down on the four-hour chart. The resistance on the four-hour chart is at 770. Only if the four-hour candlestick closes above 770, a second rally may occur, with higher resistance levels at 788 and 790. Before it can firmly hold above 770, the market may retrace to the daily support near 745. If the daily chart breaks below this level, the daily trend may start to correct.

Overall, the main Crypto Assets market is showing some adjustment pressure, and investors need to closely monitor the performance of key support and resistance levels, adjusting their investment strategies in a timely manner. In the context of increased market volatility, risk management becomes particularly important.
BTC0.54%
ETH2.22%
SOL-0.43%
BNB4.59%
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