2025.4.29.BTC.ETH.SOL.BNB.Intraday Market Analysis
BTC
Good afternoon, brothers. I woke up to find the sky has fallen, how is this market still fluctuating by a thousand? The points given in yesterday's analysis are still the same today. What to do, brothers? Writing this analysis has my hand cramping, yet there’s no movement at all. At this rate, I’m going to become a master of empty talk on paper.
The trading strategy remains unchanged. Short-term support for pullbacks is at 92800, with a defense level at 91600. I still suggest trying to go long in the 91600-92000 range, but be sure to set a stop loss; even a stop loss at 91000 is okay. As long as this support level doesn’t break, there are still opportunities to rise. The short-term resistance above is at 95700. Only by breaking this resistance can the market move in a bullish direction. The target resistance is set at 96800-98500. Conservative short positions can start being attempted around 98500. Currently, this price is just at the four-hour support near 94300. The strength of long and short can be referenced at this price. If the four-hour close is above 94300, then there is strength in bullish positions; if the four-hour close is below 94300, then there is strength in bearish positions.
ETH
Aunt's defensive support is in the range of 1736-1722. If it can pull back to this range, a small long position can be attempted. Note ⚠️ to definitely set a stop loss; you can place a stop loss at 1700, because if this defensive support breaks, the market will trend downwards. The four-hour support for longs and shorts is at 1803. A breakthrough of 1803 in the four-hour close indicates strength in bullish positions, with target resistance at 1856, 1898, and 1955. If the four-hour close falls below 1803, there’s strength in bearish positions with a chance to test the lower support.
SOL
SOL is bearish on the four-hour chart, currently standing on the last defensive support at 145. If this level breaks, the target support below can be seen in the range of 138-135. It is recommended to try small long positions in this range. Before testing lower levels, definitely wait for the four-hour close to break 148 before considering long positions.
BNB
BNB is still in a range-bound fluctuation on the four-hour chart. The top resistance is at 609. Breaking this pressure can lead to a bullish market. The target resistance above can be seen at 620, 636, and 642. If the bottom support of the sideways range at 592 breaks, the market will turn bearish, with direct support below at 576 and near 566.