Bitcoin is trading around $95,000–$97,000 as of May 3, 2025, | ExcoTrader on Binance Square

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Bitcoin is trading around $95,000–$97,000 as of May 3, 2025, with strong support at $90,000–$92,000 and resistance near $100,000.

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-0.82%

287

0

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#BTC #BTCRebound • Current Price: According to a recent X post, Bitcoin is trading at approximately $95,927.18 (BTC-USD) as of 9:22 AM UTC today. 1. Market Sentiment: Recent X posts indicate bullish momentum, with Bitcoin showing strength after reclaiming higher time frame (HTF) levels and breaking out of a bull pennant, targeting $137,000 if confirmed. 2. Analysts note resistance around $95,000–$99,449, with support at $94,381. A break above $99,449 could push prices toward $103,491. 3.RSI is overbought (84.82 on a 14-day chart), suggesting a potential short-term pullback, but the overall trend remains bullish with institutional buying. • Price Predictions for May 2025:Changelly forecasts an average price of $114,459.64, with a range of $96,465.64–$132,453.63. 1.Long Forecast predicts a high of $117,705 and a low of $88,261, with an average of $102,524 for May. 2.CoinGape notes Bitcoin trading at $96,318.33, with a bullish engulfing pattern suggesting a potential revisit to $109,021 by month-end. 3.Finder’s panel predicts an average of $135,048 by year-end, with a high of $250,000 and a low of $50,000.

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$SUI • Bearish Signals: A swing-failure pattern (SFP) at the $3.88–$4.00 resistance suggests a possible short-term pullback to $2.70–$3.00.Bearish divergences in RSI and MACD on the daily chart indicate potential correction risks. • Short-Term (1–4 weeks): Close or Take Profits if you’re holding a position near $3.88–$4.00, as resistance is strong and a pullback to $2.70–$3.00 is possible. This aligns with the swing-failure pattern and bearish divergences noted.Set a stop-loss below $2.70 to protect against deeper corrections, as a break below this level could target $2.40 or lower. • Long-Term (3–12 months): Hold if you believe in SUI’s fundamentals (scalability, DeFi/NFT growth, partnerships). The ecosystem’s momentum and bullish targets ($4.50–$6.00) suggest significant upside potential, especially in an altcoin season.Consider dollar-cost averaging (DCA) into dips at $2.70–$3.00 or $2.40–$2.50, as these are strong support zones with historical buying activity.Key Levels to Watch:Bullish Trigger: Break and hold above $4.00 could confirm a rally toward $4.50–$6.00.Bearish Trigger: Break below $2.70 may lead to a deeper correction toward $2.40 or $2.00. • Critical ConsiderationsVolatility: SUI is 3.38% volatile daily, typical for altcoins. Expect sharp price swings. 1.Do Your Own Research: X posts and web analyses are probabilistic and not definitive. For example, @CryptoBullet1’s $4.7–$5.2 target assumes a specific Elliott Wave count, which may not materialize. 2.Risk Management: Never invest more than you can afford to lose. Use stop-losses and diversify to mitigate risks.External Factors: Monitor Bitcoin’s price action, as altcoins often follow BTC. Regulatory news or additional token unlocks could impact SUI.

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For May 3, 2025, Ethereum (ETH) is predicted to trade around $1,840 USD today, with a likely range between $1,770 and $1,910. The current price is $1,837.54, showing stability with a slight upward trend this afternoon. Technical analysis suggests a pivot point at $1,839.66, with support at $1,816.28 and resistance at $1,863.30. Given the mixed market sentiment and high volatility, ETH is expected to close near $1,840, but sudden market shifts could push it toward the support or resistance levels. #AppleCryptoUpdate #BinanceHODLerSTO #ETH

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$SUI BUY THE DIP

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