Opinions on several major coins for Friday: I drank too much last night and woke up this morning to find all my profits gone.

BTC is clearly showing weakness. The 908 gap mentioned last night was indeed filled, so those who took my advice a couple of days ago to position early at this level should have gotten in. As for whether it will fill the gap around 890 today, it depends on the strength of the rebound. The 4-hour resistance is at 932 to 940—if it can break through these levels, the price may make another push towards 960-980. If the rebound can’t break above 932 during the day, I suggest closing your longs for now and re-entering near 890 on the next pullback; if it breaks through, just keep holding and look for the next target.

ETH has been stronger than BTC these days, possibly due to the upgrade. After pulling back to around 3060 last night, it quickly bounced back. For those longs I mentioned before without a stop-loss, you should be back to break-even today. Pay attention to resistance at 3200 and 3250 first. Only after breaking through these levels is there a chance to test 3300 again. If the rebound fails to break 3200 during the day, close your longs for now and look to re-enter in the 3030-2980 range.

For SOL, the 4-hour support is at 136-133. As long as it doesn’t break below this range, look for a rebound. The rebound resistance is at 140-145; breaking through these levels may open up a second push higher. If it can’t break above 140 during the day, then wait for a pullback to 136-133 before positioning.

This round of pullback isn’t a trend reversal—just a normal correction after a 4-hour surge. The breakout move still isn’t finished; even if it doesn’t happen today, it should try again next week. A real big drop will likely wait until after the Fed cuts rates, or around the time Japan raises rates.