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BTC.ETH.SOL. Intraday Market Analysis
BTC
Good afternoon, brothers. This big coin's decline is truly unstoppable, with no sign of a rebound. Support levels have been reached, but although it hasn't broken below 70,000, there's no rebound strength at all, similar to the decline on March 6th. When the daily key support is hit, and there's no rebound, the price continues to fall. So, brothers holding long positions, pay attention. Keep a stop-loss at 70,000. Watch the resistance at 71,500 to see if it can break through. If this resistance is broken, continue holding long positions. Next targets are 72,500-74,000-76,000. If today the price continues to break below 70,000, it indicates this wave is still probing around 69,000-68,500. In this range, large long positions can attempt to add. Consider adding a position near 66,000.
ETH
The support near 2,150 has been tested, and it exactly hit the resistance level I mentioned last night at 2,230. The maximum profit was about 90 points. For those with open long positions, keep a breakeven stop-loss. For the rebound resistance, continue to watch the 2,230-2,250 range. If this resistance is broken, the rebound strength will be stronger. Long positions can be continued. The next resistance targets are around 2,330-2,350. If Auntie tests the level a second time and pulls back without breaking 2,150, that's not a big problem. If it falls below 2,150, close long positions and wait for probing around 2,100-2,080 to look for rebound opportunities.
SOL
SOL has also retraced after a rebound. For intraday support, continue to watch the 88 level. If it doesn't break this level, there’s no issue. For resistance, first watch 92. If this resistance is broken, the rebound strength will be stronger. Next resistance levels are 95-97. If this pullback breaks below 88, abandon long positions and continue to monitor probing in the 86-84 range.
Follow Moyan daily for the latest market analysis and precise entry points. Opening long or short positions is for reference only. Manage your positions carefully. #coin$BTC $ETH $SOL