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2025.1.7 ETH BTC SOL Intraday Market Trend Analysis
Good afternoon brothers, last night Bitcoin and Ethereum experienced some volatility. Bitcoin's target support at 91500 has been reached, so there are some profits. Currently, Bitcoin faces resistance at 94600. If this resistance is not broken, the market is expected to pull back. Hold short positions with good risk management or just break even at 94700. Watch for a continued push towards 96000; if it pushes higher, continue to short. The intraday lower target support is at 91500-90500.#BTC
ETH
Last night, ETH briefly spiked to 3180 and then pushed higher again. Since this second spike did not break through, the resistance remains at 3300-3350. If these two resistance levels are not broken, the market is expected to pull back. Short positions can be placed at these two levels or just break even. If it gets pushed above 3400, continue to watch for short opportunities. The intraday support levels are at 3220 and 3180. If these are broken, look towards 3130-3100.#ETH
SOL
SOL faces resistance around 145. Watch for short opportunities on the second spike. The intraday support is at 135. If this level is not broken, the market will continue to fluctuate. Only if it breaks below this support will there be a significant pullback or weakening. The initial support targets are around 133-130.#SOL