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Bitcoin, Ethereum, SOL, after-hours interpretation
1: #BTC Bitcoin broke through 111500 this morning and quickly dropped to around 111000 before rebounding rapidly. This rebound is still quite strong, peaking at around 113850, with a low point rebounding 2800 points. Yesterday, I called for a strategy to bottom out at 111080. When the rebound came up to around 112100, I warned everyone to be cautious because the rebound was too fast, and I was afraid of a sudden drop, so I advised everyone to exit early. My legs felt like they were breaking from the effort.
Currently, Bitcoin's intraday pattern still shows an upward trend, but there has not yet been a reversal. At least it needs to break through 114000 and hold steady; then this round of decline will stabilize. If the rebound can break through 115000, we can officially start the upward movement. For those who have opened short positions, it's advisable to wait for the rebound to hold steady at 114000 before cutting losses. Currently, our strategy is to short at 113780, betting on a pullback from here.
2:#ETH The Ether price spiked to 4070 in the morning and quickly rebounded, peaking at 4206, with a low point coming up 130 points. Currently, 4000 here is a strong weekly support. Once it truly breaks down, it will basically be a flood. Therefore, the bulls here suggest running if they break through. The current high point for Ether is capped at 4230; it can only continue to rise if it breaks through. It mainly depends on whether Bitcoin can break through. If Bitcoin breaks through, then Ether can also break through. If the army breaks through and stabilizes above 4230, it will be necessary to stop losses.
3: #SOL The recent trend has been relatively weak, with the low breaking below 210. The big coin dropped to 204 and started to rebound, which is also due to the strong performance of the big coin. SOL's high point of 253 has dropped down to 204, which is nearly a 50-point drop and quite significant. If it rebounds and stays above 210, there will be a chance to stabilize and continue the rebound, but we still need to see if the big coin can rise. If the big coin stabilizes at 114000, then SOL will also stabilize at 210 and start the next wave of upward trend.