Good afternoon, bros. We had a rebound last night but it's starting to dip again. This aligns with last night's market analysis, which suggested waiting for a rebound to short. Bitcoin and Ethereum have both bounced back to the first short position area. If you jumped in around this zone, you're already in profit—make sure to set your trailing stop. If the previous low holds, we might see another bounce!
Right now, it's just a 1-2 hour level rebound. We're looking at the white line above. If it can't break through that white line, it means the small-level rebound lacks strength and we could retest the previous low. If yesterday's low holds, we might see a sideways range at the bottom. The longer it sideways, the higher the chance of a rebound. But if the previous low breaks, then we should wait near the support level below for a long entry.
Only if we close above the white line will we have bullish momentum; then we can look for short positions near the resistance levels. For aggressive traders, consider light short positions near the white line and add more later, while conservative traders should wait for resistance levels.
Today's market analysis:
For BTC, keep an eye on the 63200 level today. Only if we close above this level on the 4-hour chart will we see significant bullish momentum, aiming for short positions near 64500-65600-67250.
If we can't close above 63200 on the 4-hour chart today, it suggests weak short-term rebound, and we should look to go long near the 61000-59100-57050 levels.
Keep an eye on the 1680 level for ETH today. Only if we close above this level on the 4-hour chart will we see significant bullish momentum, aiming for short positions near 1715-1745-1770.
If we can't close above 1680 on the 4-hour chart today, it indicates a weak short-term rebound, and we should look to go long near the 1610-1555-1510 levels.
For BNB, keep an eye on the 583 level today. Only if we close above this level on the 4-hour chart will we see significant bullish momentum, aiming for short positions near 592-602-618.
If we can't close above 582 on the 4-hour chart today, it indicates a weak short-term rebound, and we should look to go long near the 570-556-545 levels.
For SOL, keep an eye on the 70.5 level today. Only if we close above this level on the 4-hour chart will we see significant bullish momentum, aiming for short positions near 72.8-76-78.
If we can't close above 70.5 on the 4-hour chart today, it suggests weak short-term rebound, and we should look to go long near the 68-66-63 levels.
Daily pivot points for long and short positions are just for reference; manage your positions wisely. For light positions, aim for 0.5% of your total; at resistance or support levels, stagger your orders with no more than 1% at each level. Use 100x leverage, but don't exceed 2% of your total for additional buying opportunity. For heavier positions, look for previous highs or lows on the 1 or 2-hour chart for stop-loss; either set a fixed stop-loss around 1500 for BTC or 30 for ETH, with an 8% discount code: BNB789.

