The price has reached a critical position! Will it break through or be rejected? Waiting for the conditions to unfold, executing the trading plan!

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2 days ago

Sunday Market Update:

BTC

The price has clearly surged straight to the key supply zone of 63500-64000! The H1 level is already showing an oversold divergence! Short positions in this area can continue to be maintained, but H1 has not yet turned bearish! The condition for a bearish turn is a drop below 62300! If it breaks, continue to look down to 61700, 61300! If it reaches, pay attention to accumulation buying opportunities!

At the same time, in another scenario, if it stabilizes above 64000, we need to change our mindset, temporarily abandon the short strategy, and wait for a pullback to accumulate buying opportunities!

ETH

Yesterday, the price reached 2430-2470 without giving a pullback opportunity. After a brief adjustment, it directly tested the upper H4 key resistance zone! If it cannot hold above 2500, the short positions still need to exist. For this area, first look at 2448-2442, and if it breaks below 2430, continue to look down to 2420, 2400! If it reaches, pay attention to accumulation buying opportunities!

If it stabilizes above 2500, the long and short strategies will also change! Seize the pullback to accumulate buying opportunities!

SOL

The price is hovering around 146! It is about to test the key resistance zone of 148-150! There is a demand for short positions on the first touch, and if it breaks below 144, continue to look down to 142-141! If it reaches, pay attention to accumulation buying opportunities!

The information and data involved in this content are sourced from publicly available materials, striving for accuracy and reliability, but no guarantee is made regarding the accuracy and completeness of the information. The content does not constitute any investment advice, and any investment based on it is at your own risk!

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