2025.5.5.BTC.ETH.SOL.BNB.Intraday Market Analysis
BTC
Good afternoon, brothers. The May Day holiday is coming to an end, and a new week has begun. Today marks the beginning of a new weekly candle. Last week, the overall trend showed no strong upward momentum; it first surged and then fluctuated downward. Today, we broke the daily support level, meaning we cannot make a second attempt to push above 95,000. This wave of daily upward movement is considered complete, and the market is likely to undergo a daily-level correction, with initial support targets at 92,873-91,600. If these two levels break, we could enter a second phase of decline, targeting around 87,000-88,000. Intraday, pay attention to the rebound resistance in the 95,000-96,000 range. If we can rebound in this range, consider short positions with a stop loss at 96,300.
ETH
Currently, ETH's daily level has also just broken down. Watch for rebound resistance above at 1,807 and 1,824. If we rebound in this range, consider attempting short positions with a stop loss: if the four-hour close breaks 1,824, manually exit the position. For the daily level correction support, look around 1,735; if broken, we will see a second phase of decline at 1,665 and 1,640. However, if today’s four-hour close breaks 1,824, there is still a chance for a reversal, continuing to push towards resistance around 1,870, with the market turning bullish again.
SOL
SOL has entered a daily-level correction early, so this wave of decline has a stronger rebound. It has just broken the four-hour resistance at 146. First, check if the four-hour close can stabilize above this resistance. If the four-hour close can stabilize, the target resistance above looks at breaking around 148, then looking at 151-153. For intraday rebound shorts, start paying attention around 148.
BNB
BNB is in a daily-level correction trend, with rebound resistance at 592 and 600. If the four-hour close cannot break these two resistances, the market will continue to look for a correction, with support below at 576 and 566. For intraday short-term trades, just pay attention around support and resistance levels.