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Good afternoon, friends. This wave of market movement has indeed been stuck at the retracement level, and the rebound strength is weaker than expected. Let's briefly discuss the logic behind today's four mainstream coins' trends.
**BTC Trend**
Bitcoin has been consolidating since last night after a pullback, with a breakdown pattern visible on the four-hour chart. To open up the rebound space, the four-hour candle needs to close again with a surge above 96,000, breaking this resistance. If it can break above this level, the subsequent target ranges from 98,000 to 99,000. The trading strategy remains unchanged: continue to go short on rebounds. If you already hold short positions, as long as the four-hour candle does not close above 96,000, you can hold your positions, with support targets at 94,500-93,200. For those looking to go long, consider positioning in the 93,500-93,200 range in advance.
**ETH Market**
Ethereum is currently in a four-hour correction, with a rebound resistance at 3,330. Similarly, a four-hour candle needs to close above this level again for the market to have a chance to continue upward. The next target is 3,400-3,450. The short-term strategy remains the same: establish initial positions, with opportunities to add around 3,650. For short holders, if the four-hour candle does not rebound above 3,330, hold your positions; support levels are at 3,205-3,180. Long positions can look for opportunities within this support zone.
**SOL Performance**
SOL has been declining on the four-hour chart, and it’s approaching the daily support around 140. If it breaks below this level, pay close attention to the 138-135 pin zone, where short-term long opportunities may appear, with a re-entry point around 132. If it does not break below 140, then the rebound resistance should be watched at 145; only a breakout here can aim for a second surge, with targets at 148-150. Short positions can be taken around 155-157 for initial and additional entries.
**BNB Direction**
Binance Coin’s daily support is around 920-915. A breakdown below this level requires caution near the pin zone of 890-880. Short-term longs can be considered if support at 916 holds. If it stays above 916, watch the rebound resistance at 936; a breakout could target 960 and 980. For short positions, initial and additional entries are around 1,000-1,015.
All analyses are for reference only. Proper risk management and position control are the most important.