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In the current market environment, we have identified key rebound levels for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Here’s a breakdown of the strategy:
Bitcoin (BTC)
We expect BTC to rebound within the price range of 95755 to 97300.
Should BTC reach these levels, we recommend taking partial profits and, if the market conditions align, shorting the asset at these points.
Ethereum (ETH)
Ethereum is projected to rebound between 3296 and 3336.
As with Bitcoin, once this range is reached, consider partially taking profits and potentially shorting ETH if the conditions support it.
Solana (SOL)
Solana recently touched the middle rail of the weekly Bollinger Bands around 176 and rebounded to 187.50.
If this pattern persists, it's advisable to take partial profits during the day and, later on, re-enter a short position at similar levels.