July 11th Trend Analysis Friday Good Morning!

Waking up, we are greeted by a huge surge. Last night I mentioned the issuance of 1 billion U. Friends without long positions can wait for a pullback, even if it's a small level pullback. Last night, it basically dropped below the white line position I provided before starting to rise. SOL reached the second and third resistance levels, while Ethereum directly surged to 3000.
This big surge has temporarily come to a pause, today we focus on minor pullbacks. Friends without positions can continue to wait for opportunities below. The bullish trend has not weakened yet, so friends looking to short should hold on. It's still the same old saying, in a bull market, don't call the top, and don't short when bearish!
Today's trend analysis:
Big Pancake
- Pay attention to the level of 115190 today. As long as it does not fall below this level, all levels are bullish. If it continues to rise, then look at the previous high of 117500!
- If it breaks below 115190 today, a pullback will start at the hourly level. Pay attention to support levels around 112945-110550-108685!
Ethereum
- Pay attention to the position of 2914 today. As long as it does not fall below this position, all levels are bullish. Continue to rise and watch for resistance levels around 2972-3010-3044!
- If it breaks below 2914 today, and a pullback starts on the 1-hour level, pay attention to the support levels near 2879-2836-2795!