Currently, the three major coins are approaching critical levels:
BTC needs to stay above 97,700 to open the door to 100,000. To stay above 97,700, it must rebound to 98,800-99,400 and not dip below 97,700 during the pullback.
ETH needs to stay above 3,380-3,440, with the 3,600 door open. To stay above 3,380, it needs to rebound to 3,472-3,528.
SOL needs to stay above 147, with the 170 door open. When the price hits 157, staying above 147 is basically secure.
After stabilizing above these levels and reaching a new high (near the weekly Bollinger middle band and the weekly EMA52), entering short positions is the safest.
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Currently, the three major coins are approaching critical levels:
BTC needs to stay above 97,700 to open the door to 100,000. To stay above 97,700, it must rebound to 98,800-99,400 and not dip below 97,700 during the pullback.
ETH needs to stay above 3,380-3,440, with the 3,600 door open. To stay above 3,380, it needs to rebound to 3,472-3,528.
SOL needs to stay above 147, with the 170 door open. When the price hits 157, staying above 147 is basically secure.
After stabilizing above these levels and reaching a new high (near the weekly Bollinger middle band and the weekly EMA52), entering short positions is the safest.