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Don't remind me again today

Yesterday, the decline temporarily halted, and a 4-6 hour level rebound occurred after the U.S. market opened. The day before, I predicted that SOL would retrace to 146-143, and BTC around 100,000 needs to be monitored for signs of a halt in the decline. After the decline stops, there will be a rebound before going down again. Currently, it seems that there is still no sign of a halt in the decline at the daily chart level, so the rebound is only expected to see a 8-12 hour level rebound at most. The bearish momentum at the weekly chart level means that a rebound at the hourly chart level cannot shake or reverse the trend. Therefore, I believe this rebound is a chance to escape in November.



It's Thursday and Friday again, we shouldn't chase the rise. The US stock market closed up on Wednesday, so there won't be much of a pullback today.

btc: Today's resistance is 114450, with maximum resistance at 105750-106350, focus on bearish momentum when going up. Recent support during the day is 103300-103000.

eth: Today's resistance is at 3480, with the maximum pressure around 3570. Observe here; if it doesn't go up, then try to short. Today's intraday support is 3360-3336.

sol: 170 is the maximum pressure, if it can't go above 170, try to short the pattern. Today's intraday support is around 158-157.

Do not chase the rise; the target point for short positions above cannot be equated with the take-profit point for long positions, as the process of rebound may escalate into failure, and it is already Thursday and Friday with more information. The market makers will not easily let the long positions trapped above break free. Yesterday's halt in the decline should be temporarily viewed as the bullish resistance rebound after BTC first broke the 100000 barrier.
SOL-9.46%
BTC-3.23%
ETH-4.97%
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