"January 27 Market Analysis: The Realm of Vigorous Vitality and All Things Competing Is Still in Sight!"



The market迎来了 yesterday's final ultimatum. Fortunately, the daily chart closed back above 88,300, which was also the last ultimatum level given by the section chief yesterday. The daily line did not continue with three consecutive bearish candles here. As long as today's daily close remains above 89,000, the probability of a reversal will increase. In other words, the big V rebound is imminent, and the scene of vigorous vitality and all things competing is still in sight! Of course, here the continuous decline will definitely cause various indicators to weaken, and all expectations for February will be out of the question!

$BTC Today, focus especially on the 90,600 resistance level for Bitcoin. It may face resistance and pullback upon arrival. This is a position on a major trend line; a direct rise is better, but some pullback is normal. Support levels below are 87,500-87,200; as long as they do not break, a rebound can still occur.

$SOL Sora mentioned yesterday the 125 level. The 1-hour chart still has not seen a single candle with a solid breakout upward. Only a solid breakout can push the price to see the 129 resistance level. Support below is 120; as long as it does not break, a rebound is possible.

$ETH Ethereum, like Bitcoin, is also focused on whether the 3007-3020 resistance zone will give way to a pullback. A pullback is normal. Support below is 2848.

In summary, the daily chart fortunately did not trigger a three consecutive bearish candles here. After all the bulls fell, will the market迎来新生? I think the answer will be revealed soon. If the trend does not go down here, a V-shaped reversal will occur. The road is winding, but our prospects are bright! If you don't understand the market or can't grasp the direction, welcome to join the section chief. Click to join the section chief community (Follow the section chief for daily latest market analysis and precise entry points. Long and short positions are for reference only. Strict stop-loss and take-profit).
BTC-0,89%
SOL-0,34%
ETH-0,15%
View Original
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)