Bitcoin and Altcoin Daily Market Analysis: Good afternoon, Double Twelve has arrived. The day before yesterday, cryptocurrency prices fell broadly like a clearance sale, and yesterday they rebounded strongly. Bitcoin and Ethereum have returned to a bullish daily trend, the daily pullback has ended, and the market is set to rise again; in a bull market, every drop is a good opportunity to get on board. If you want to show off your wealth, just choose the expensive ones to buy. Many investors with a strong gambling mentality have mixed feelings; although the prices have rebounded, their positions are gone. Don't be afraid, after a loss, you should be good at summarizing. The core of contracts is position management; if you don't do it well, anyone will end up losing. Live at Binance Square at 8:30 PM, feel free to speak your mind.
Market Analysis:
BTC: Bitcoin did not pull back overnight and is approaching the second resistance level. Today's focus is on 100,110 points; if it holds, all levels will be bullish, with continued gains targeting resistance levels at 101,816 - 103,203 - 104,636. If it falls below 100,110, it will pull back on the 1-2 hour level, with support below at around 99,340 - 98,690 - 97,850; as long as it doesn't drop below 98,690, the 4-hour and daily levels will still be bullish.
ETH: Ethereum was strong overnight, breaking through the third resistance level and reaching the fourth resistance level. Today's attention is on 3,840 points; if it holds, all levels will be bullish, with upward targets around 3,947 - 3,982 - 4,006. The first pullback level is at 3,881 - 3,840; if it falls below 3,840, it will pull back on the 1-2 hour level, with support below around 3,802 - 3,761; as long as it doesn't drop below 3,802, the daily level will still be bullish.
If it holds at all levels, the upward targets are around 231.8 - 235 - 238.2. If it falls below 228.6, it will pull back on the 1-hour level, with support below around 225.7 - 222 - 218.3; as long as it doesn't drop below 222, the 4-hour level will still be bullish.
BNB: BNB rose gently overnight and broke through the second resistance level. Today's focus is on 711.8 points; if it holds, all levels will be bullish, with upward targets around 723.8 - 731.9 - 743.5. If it falls below 711.8, it will pull back on the 1-hour level, with support below around 703.2 - 691 - 680.3; as long as it doesn't drop below 691, the 4-hour level will still be bullish.
DOGE: DOGE is also close to the first resistance level, but its upward pace is slow. Today's focus is on 0.414 points; if it holds, all levels will be bullish, with upward targets around 0.422 - 0.434 - 0.446, and if it holds above 0.434, the daily level will be bullish. If it falls below 0.414, it will pull back on the 1-hour level, with support below around 0.407 - 0.4 - 0.391; as long as it doesn't drop below 0.4, the 4-hour level will still rebound.
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