《1.6 Market Analysis: Pullback from Higher Levels to Prepare for the Next Wave of Trends!》

Yesterday's market broke through the 93400 resistance level and used it as support to rally up. Currently, we haven't reached the expected level near 96000 that we provided. We need to pay close attention to whether there will be a pullback action near this level. Yesterday's live stream already made it clear that we should lower expectations of a sharp rally here; there's a high probability of a pullback from higher levels. Until preparation is made for the next wave of trend, we should focus on how the short-cycle top will develop in the near term.

$BTC Bitcoin's current resistance is at 95800, around 96000. Below, the support zones are 91500-91100 and 90400. In the near term, we're still looking at pullbacks from higher levels. The pullback support shouldn't deviate too much, so recently we can operate with short positions on highs and long positions on lows.

$SOL Ethereum's resistance is at 141.6. Short-term support at 135.3 can still rebound if it doesn't break. Below, monitor the support levels at 132-131.

$ETH For Solana, if you want to short, either wait for the right-side model to form or try at 3370. Support levels below are at 3345 and 2990. The recent trading approach is mainly shorting highs and going long on lows.

In summary, the daily chart issue we need to discuss recently is about pullbacks from higher levels. As for where the top is, testing the top requires some luck and courage. But what we can confirm is that the pullback position won't be too low—for example, don't expect it to drop to 85K or 84K. Once it pulls back to an appropriate position, it will start to rebound and consolidate to prepare for the next wave of rallies. If you can't understand the market and can't grasp the direction accurately, welcome to join Kezhang. Click to join Kezhang Community (Follow Kezhang for the latest daily market analysis and precise entry/exit points. Long and short positions are for reference only; implement strict stop-loss and take-profit).