The cryptocurrency market is showing a complex trend tonight, let's analyze the performance of the main coins.



Bitcoin (BTC) experienced a slight pullback after reaching a peak earlier today, currently hovering around the critical support level of $119,300. This level is crucial for the short-term trend, and if the four-hour candlestick closes below this level, it could trigger further pullbacks, with the next support range around $117,800. If it breaks below, attention should be paid to the range of $116,500 to $115,800. On the upside, $120,600 is currently an important resistance level, and only a breakthrough at this level could lead to further increases, with potential target levels including $121,800, $122,500, and $123,300.

The current key support level for Ethereum (ETH) is at $4,150. If it breaks below, it may test the range of $4,050 to $4,000, and even further down to $3,880-$3,820. Bulls need to hold above $4,160 to maintain upward momentum. $4,230 is an intermediate support level, and if it can stay above this, it may challenge the resistance levels of $4,350, $4,400, and $4,500 above.

Solana (SOL) is currently showing relatively weak performance, and investors are advised to pay attention to the support range of $173 to $171. $182 is currently an important resistance level, and if it cannot be突破, the short-term upward momentum may be limited.

Overall, the market remains at a critical position, and investors should closely monitor the performance of these support and resistance levels, as they may determine the direction of the upcoming trend. At the same time, it is also important to pay attention to the potential impact of global macroeconomic and industry news on the market.
BTC-2.22%
SOL-4.78%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
liquidation_surfervip
· 11h ago
squat a 14w BTC
View OriginalReply0
GateUser-e51e87c7vip
· 11h ago
No one has lost worse than me.
View OriginalReply0
ChainMaskedRidervip
· 11h ago
Aha, still selling pressure, huh?
View OriginalReply0
DarkPoolWatchervip
· 11h ago
I won big, while others are doing Margin Replenishment, I have closed all positions.
View OriginalReply0
ImpermanentPhilosophervip
· 11h ago
Don't rush to All in if you're bullish.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)