"Market Analysis on the 2.4: Making New Lows, Losing Face!"

Yesterday's market mentioned watching the lower boundary of the box range for any reaction; if there was none, be cautious of new lows. As a result, B friends fell asleep and another new low was made. Repeatedly breaking the bottom line, even the big players' pockets are empty of U. Yesterday, we also took the opportunity to short ETH at 2340. As for today's market, it's still not the time to bottom fish; in the short term, focus on a few support and resistance levels for trading. Otherwise, from the daily chart, the selling volume still hasn't been fully released.

$BTC Bitcoin yesterday said that if the hourly candle breaks below the 77,800 level, be cautious of a downtrend. Today, this remains an important threshold. Don't rush to bottom fish before the price closes above it. Support below is at 71,600. Resistance above is at 80,100 and 81,700.

$SOL Suozi also pays attention to whether the 102.5 level can close above; otherwise, don't easily bottom fish. Support below is at 89.5, resistance above is at 109.5.

$ETH Ethereum today also looks at the 2355 level on the hourly chart to decide. If it doesn't close above, be cautious about going long. If it goes up, resistance is between 2505 and 2025. Support below is at 2060.

In summary, yesterday's Bitcoin daily bottom model was again engulfed and made a new low. Therefore, today's market remains cautious until the key support and resistance levels are broken. Bottom fishing can only be done at lower levels to catch rebounds, and if lucky, a rebound may be caught—it's a gamble on luck. Our final targets are still set at Bitcoin starting with 6 and Suozi starting with 7. If you don't understand the market or can't grasp the direction, welcome to join the Chief. Click to join the Chief community (Follow the Chief for daily market analysis and precise entry points. Long and short ideas are for B friends' reference only. Strict stop-loss and take-profit).