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Good morning, brothers. The Bitcoin market remains volatile overnight!
My prediction logic is similar; pushing up to around 71,500 is also a resistance level. If it can't break higher, the market will likely stay in consolidation. However, the daily rebound pattern is still intact, so we’ll see if tonight at 20:30 the month-end CPI data releases, whether it will trigger a rally. As long as the data is not lower than the previous value, there should be no major issues.
The daily support remains at 68,700-68,200. If it doesn't break below this level, the market will continue to look for a rebound, with targets at 71,500-73,000-74,000. Conversely, if it breaks below 68,000, the trend weakens.
The bullish pattern is weakening; consider abandoning long positions and watch for a spike around 65,000-66,000. Also, keep an eye on ETH’s daily rebound pattern, which is still valid.
The daily support remains at 2,000-1,980. If it doesn't break below this level, the market will continue to look for a rebound.
In terms of operations, a pullback near 2,000 can be used to try long positions, only if it dips to around 1,970, with targets at 2,093-2,150-2,200. If it breaks below 1,980, the bullish pattern weakens, and long positions should be abandoned. Watch for a spike around 1,900-1,850. SOL’s daily pattern is still decent; the key support at 85-84 must hold. A close below 85 on the four-hour chart indicates a weakening four-hour pattern.
Watch for a spike to 82-80. If the four-hour close remains above 85, a rebound is possible, with targets at 88-92-95. BNB’s daily rebound pattern is also still valid; support remains at 630. If it doesn't break below this level, the market will continue to look for a rebound.
In operations, a pullback near 630 can be used to try long positions, only if it dips to around 620, with targets at 660-670. If it breaks below 630, the bullish pattern weakens, and long positions should be abandoned. Watch for a spike around 610-600.
Daily updates will bring you the latest market analysis and precise entry points. Opening longs or shorts is for reference only; manage your positions carefully. #BTC #ETH