Monday's market opened strongly, with major cryptocurrencies surging higher. Below is a detailed analysis of the short-term trends and key levels for BTC, ETH, SOL, and BNB.
**Bitcoin Technical Pattern Analysis**
In early trading, BTC once again broke through the resistance zone identified yesterday. For traders holding short positions, the first priority is to defend the 90600 level. If you are optimistic about further declines, consider light hedging at this level or adding positions around 91000. On the downside, the support zone is between 89000 and 88500. If the price breaks below 88500, this rebound will be considered complete. Bulls looking to continue their upward momentum should watch for opportunities in the 89000-88500 range. With only a few days left in the month, if the price can break higher this week, holding onto short positions remains a viable strategy. From a broader perspective, the main tone remains bearish. If the 91000 resistance is effectively broken, then it is worth gradually establishing medium- to long-term short positions in the 92500 to 94500 range.
**Ethereum's Resistance and Support Levels**
Ethereum is currently hovering between the resistance zones of 3030 and 3070. The defensive level for entering short positions is set at 3100. If this level is broken through, consider waiting for opportunities to short around 3170 and 3250. For intraday declines, support is at 2995 to 2965. Short positions in this range can consider reducing or closing for profits. The key point is that the market must break below 2995 to confirm the end of the rebound, after which it will resume a downward trend.
**Solana's Bullish Opportunities**
The recent long positions in SOL have been well-timed. The stop-loss at 122, suggested yesterday, proved effective. The price has now surged toward the target resistance of 128 to 130, with gains looking decent. Traders considering switching to short positions can open new shorts around 131 or wait for a re-entry near 135. If you currently have no positions, a phased entry in the 135 to 145 zone is advisable. Support intraday is at 126.8 to 125. Once the price retraces to this area, short positions can be reduced or exited. However, SOL will only truly turn bearish if it breaks below 125.
**BNB's Cyclical Rebound**
BNB is currently in a daily chart rebound phase, with short-term resistance at 877. If this level is broken, focus shifts to the 900 to 930 range. Short traders can continue to monitor opportunities at these higher levels. On the downside, support is at 860 to 850. A break below these levels would signal the end of the short-term rebound. Further support is at 840.
**Trading Recommendations**
Overall, BTC and ETH remain primarily bearish, with short-term rebounds likely to be followed by corrections. SOL maintains a bullish momentum but should be cautious of resistance levels. BNB is in a rebound phase, with recent high positions favored for shorting. All trading strategies are for reference only; proper position management and risk control are essential. Market conditions change rapidly, so strictly adhere to stop-loss and take-profit levels. Avoid breaking trading discipline due to greed or fear.
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DataChief
· 10h ago
Feels like the short position is about to be squeezed again. The market has been so volatile this week.
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BTC keeps bouncing here. When will it finally break through?
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SOL's recent surge was quite fierce. Be careful of the fate of the bagholders.
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ETH faces so much pressure. Maybe we should wait and see.
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It's the end of the month and still thinking of bottom fishing. Truly brave.
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Is the main theme bearish? Sounds good, but the ones getting repeatedly slapped in the face are us.
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So many entry points, no matter which one I choose, it feels off.
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BNB's rebound is a bit boring. Nothing exciting to watch.
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Talking so much in detail, but ultimately it depends on the market’s mood.
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The overall trend is bearish, but in the medium to long term, the bulls can still outperform. That’s called playing both sides.
View OriginalReply0
HalfIsEmpty
· 10h ago
Another analysis that looks professional, but in the end it's just guesswork. I choose to hold my coins and observe.
View OriginalReply0
GateUser-5854de8b
· 10h ago
Monday is starting the show again, I'll believe half of this data...
View OriginalReply0
SorryRugPulled
· 10h ago
Are you drawing lines again? Can these numbers really block the market?
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The SOL bullish trend is indeed beautiful, but it feels a bit late to enter now.
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Is the main tone still bearish? I think Bitcoin wants to surge this week, everyone be careful of getting trapped.
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This BNB rebound feels lacking in momentum; it's better to wait for a dip before acting.
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Talking about stop-loss and take-profit every day, but when it’s really time to execute, there are still many who hold their positions.
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ETH is oscillating between 3030-3070. Who has been shaken out? Raise your hand.
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These levels change every day. Can you rely on them, or should you trust your own judgment?
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Can SOL really stop at 135 if it surges there? It still seems to want to go higher.
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A surge at the end of the month, a plunge in the New Year—old routines, everyone.
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Shorting BTC is really brave. Who dares to take on this momentum?
View OriginalReply0
UncleWhale
· 10h ago
It's the same story again, short positions, short positions, and in the end, they still get crushed through.
View OriginalReply0
MechanicalMartel
· 10h ago
It's the same old tune again, bearish bearish, and what happens? Getting slapped in the face every day.
Monday's market opened strongly, with major cryptocurrencies surging higher. Below is a detailed analysis of the short-term trends and key levels for BTC, ETH, SOL, and BNB.
**Bitcoin Technical Pattern Analysis**
In early trading, BTC once again broke through the resistance zone identified yesterday. For traders holding short positions, the first priority is to defend the 90600 level. If you are optimistic about further declines, consider light hedging at this level or adding positions around 91000. On the downside, the support zone is between 89000 and 88500. If the price breaks below 88500, this rebound will be considered complete. Bulls looking to continue their upward momentum should watch for opportunities in the 89000-88500 range. With only a few days left in the month, if the price can break higher this week, holding onto short positions remains a viable strategy. From a broader perspective, the main tone remains bearish. If the 91000 resistance is effectively broken, then it is worth gradually establishing medium- to long-term short positions in the 92500 to 94500 range.
**Ethereum's Resistance and Support Levels**
Ethereum is currently hovering between the resistance zones of 3030 and 3070. The defensive level for entering short positions is set at 3100. If this level is broken through, consider waiting for opportunities to short around 3170 and 3250. For intraday declines, support is at 2995 to 2965. Short positions in this range can consider reducing or closing for profits. The key point is that the market must break below 2995 to confirm the end of the rebound, after which it will resume a downward trend.
**Solana's Bullish Opportunities**
The recent long positions in SOL have been well-timed. The stop-loss at 122, suggested yesterday, proved effective. The price has now surged toward the target resistance of 128 to 130, with gains looking decent. Traders considering switching to short positions can open new shorts around 131 or wait for a re-entry near 135. If you currently have no positions, a phased entry in the 135 to 145 zone is advisable. Support intraday is at 126.8 to 125. Once the price retraces to this area, short positions can be reduced or exited. However, SOL will only truly turn bearish if it breaks below 125.
**BNB's Cyclical Rebound**
BNB is currently in a daily chart rebound phase, with short-term resistance at 877. If this level is broken, focus shifts to the 900 to 930 range. Short traders can continue to monitor opportunities at these higher levels. On the downside, support is at 860 to 850. A break below these levels would signal the end of the short-term rebound. Further support is at 840.
**Trading Recommendations**
Overall, BTC and ETH remain primarily bearish, with short-term rebounds likely to be followed by corrections. SOL maintains a bullish momentum but should be cautious of resistance levels. BNB is in a rebound phase, with recent high positions favored for shorting. All trading strategies are for reference only; proper position management and risk control are essential. Market conditions change rapidly, so strictly adhere to stop-loss and take-profit levels. Avoid breaking trading discipline due to greed or fear.