Tuesday, October 28 BTC, ETH, SOL early morning insights

Today's overall strategy is a bit aggressive. The planned pullback for entering long positions was supposed to be perfectly timed with the evening's pullback, but unfortunately, after a breakout during the day, I entered aggressively on the right side, which led to today's ETH being hit. However, the overall outlook is still bullish, with room for a rebound above. Before the interest rate cut takes effect, there are no apparent negative news, and the US-China tariff trade talks have also been postponed. The net inflow is also not low; I really can't think of any significant drop happening before the interest rate cut, at most a pullback. During the night, pay attention to the two levels of 114700-113800 for entering long positions in batches, with rebound target resistance at 116000-117300-118000. It is not advisable to attempt new positions before reaching the second and third resistance levels; the timing is not right yet.
Pay attention to ETH's support around 4125-4080 for long positions. As long as it does not drop below around 4060 on the four-hour chart, a rebound can be expected. However, the BTC pullback may lead to an overshoot in ETH, so it is advisable to leave some room for a pullback before entering. The current rebound resistance is initially set at 4250-4300, and only if a new high rebound occurs will it likely test the higher level around 4380.
The pullback of SOL is not strong, and overall it leans more towards consolidation. As long as the support level of 196 is not broken, we can look for a rebound. During the night, pay attention to the area around 198-196 for potential trades. If you have positions during the day, just continue to look upwards. The rebound targets are 205-211. #中美达成经贸共识