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2025/2/24
BTC market view in the morning
The current direction of #BTC : horizontal range oscillation, oscillation range 95800-96300
Overall direction: oscillating decline, expected to decline
Support below: 94300
Upper resistance level: 96580--96800
Attention: Currently, Bitcoin is in a volatile stage, with indicators diverging. Despite multiple rebounds and increases, it fails to hold above 96080. The big cake will continue to oscillate and fall! If it stabilizes above 96080, the market will maintain a range-bound oscillation, with an overall bias towards oscillation and decline between 95800 and 96300!
Operation strategy: mainly long, the overall range of fluctuations is limited, not recommended for heavy positions!
SOL Analysis
Direction: Oscillating Downward
(Has already fallen for a round and broken the 1-hour Bollinger Band, technical rebound, the rebound amplitude is not large, it is expected that the highest point of the rebound is at 166.8)
Upper pressure: 171
Support below: 144
Points to note: SOL has a strong downward trend, with no short-term support below. Long positions can be lightly opened near 140-150 below!