Nighttime market movements are quite interesting; this wave of short-term momentum has been strong. I initially thought Bitcoin would test around 89,500 again, but it dropped straight down, allowing both bulls and bears to lock in significant profits. Currently, Bitcoin is approaching the support level at 86,300, which is very critical. Aggressive traders might consider entering small positions to test the waters; if adding to positions, the 85,000-84,000 range is a reasonable choice. More conservative players should wait patiently in this zone, making sure to control leverage and position size. The resistance for tonight’s rebound is at 88,000. Once broken, the market could continue to surge upward.
Ethereum’s current support is at 2,880. As long as this level holds, the sideways trend will continue. If it breaks below, the next target zones are 2,820-2,770. Conservative long positions can look for opportunities within this range. On the upside, 2,940 is a resistance level; breaking through it could open the way toward 3,000-3,050.
SOL’s situation is a bit more complex. The resistance for tonight’s rebound is at 122.6. If it cannot rebound above this, it may indicate the end of this rally. If the rebound fails, the downside target is 120; if it continues to fall, the range is 118-116. The trading approach in such oscillating markets is simple—buy on dips, sell on rebounds. Conservative long positions can pay more attention within this range.
BNB has already fallen to support around 820. If it breaks below, the next support zones are 800-790. The resistance for tonight’s rebound is at 838-846. If the rebound cannot break through these two levels, bears still hold the advantage. Only a breakout above these resistances could signal a new round of upward rebound.
Position management is always the top priority when trading; market analysis is just for reference.
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.
12 Likes
Reward
12
5
Repost
Share
Comment
0/400
ExpectationFarmer
· 6h ago
The recent move at night was quite aggressive, directly digging a hole for the short side, and the longs are also feeling the pressure. The 86300 level definitely requires attention, but I still want to wait and see; I feel there’s still room for a dip.
Ethereum can't hold above 2880, and if it breaks, we'll have to find support again, which is really annoying.
This wave of SOL is a bit strange; if it can't break 122.6, it's really time to run. This market is too brain-consuming.
The risk of BNB breaking down is a bit high; the 838-846 range might not be able to hold.
Honestly, position management is the key; analyzing this stuff is really just for reference.
View OriginalReply0
ProbablyNothing
· 6h ago
The night session really provided many opportunities. If you can't hold 86,300, you need to get out quickly.
The key level is 88,000. Only after breaking it can you dare to chase higher.
For ETH, it's still about whether 2880 can hold; otherwise, it's a good time to add positions.
SOL is too volatile. If it can't rebound above 122.6, it's time to admit defeat.
Position management is the key; all analysis is just theoretical.
BNB's decline is quite fierce. Keep an eye on 838-846.
It feels like both bulls and bears made gains tonight, but no one knows who will get liquidated next.
Is 85,000-84,000 really a good entry point? Feeling a bit hesitant.
The pace of tonight's market is extremely fast. If you're not careful, you'll get caught in a trap.
View OriginalReply0
Hash_Bandit
· 6h ago
ngl the 86.3k support on btc is giving me major 2017 vibes, seen this movie before... if it holds then we're probably looking at a hashrate reset scenario before the next push. been through enough cycles to know leverage is the real killer here, not the price action.
Reply0
HypotheticalLiquidator
· 7h ago
How many times has 86,300 broken through? Every time they say "very critical," and what’s the result... The risk control threshold has long been penetrated.
The chain of liquidations is getting tighter and tighter. With such a high borrowing rate, dare to leverage more?
122.6 failed to rebound and headed straight to 120... This domino chain is so neatly arranged.
Small positions entering to test the waters? Easy to say, but how far is the liquidation price? Has it been calculated?
If 2880 can't hold, Ethereum is finished. Systemic risk is right in front of us.
View OriginalReply0
GasFeeSurvivor
· 7h ago
The recent dip during the night was really intense. The key level at 86,300 must be well defended, or else it could easily head straight to 84,000.
Wait, how are you guys defining a more stable long position? I feel like I always go against the trend.
I'm tired of hearing "position management first," but it really is the truth.
If the rebound at 122.6 can't break through SOL, it's really going to be over. This market feels more and more nerve-wracking.
The 88,000 resistance level—whether it breaks or not—really determines the rhythm moving forward.
Nighttime market movements are quite interesting; this wave of short-term momentum has been strong. I initially thought Bitcoin would test around 89,500 again, but it dropped straight down, allowing both bulls and bears to lock in significant profits. Currently, Bitcoin is approaching the support level at 86,300, which is very critical. Aggressive traders might consider entering small positions to test the waters; if adding to positions, the 85,000-84,000 range is a reasonable choice. More conservative players should wait patiently in this zone, making sure to control leverage and position size. The resistance for tonight’s rebound is at 88,000. Once broken, the market could continue to surge upward.
Ethereum’s current support is at 2,880. As long as this level holds, the sideways trend will continue. If it breaks below, the next target zones are 2,820-2,770. Conservative long positions can look for opportunities within this range. On the upside, 2,940 is a resistance level; breaking through it could open the way toward 3,000-3,050.
SOL’s situation is a bit more complex. The resistance for tonight’s rebound is at 122.6. If it cannot rebound above this, it may indicate the end of this rally. If the rebound fails, the downside target is 120; if it continues to fall, the range is 118-116. The trading approach in such oscillating markets is simple—buy on dips, sell on rebounds. Conservative long positions can pay more attention within this range.
BNB has already fallen to support around 820. If it breaks below, the next support zones are 800-790. The resistance for tonight’s rebound is at 838-846. If the rebound cannot break through these two levels, bears still hold the advantage. Only a breakout above these resistances could signal a new round of upward rebound.
Position management is always the top priority when trading; market analysis is just for reference.