2025.5.6.BTC.ETH.SOL.BNB.Intraday Market Analysis
BTC
Good afternoon, brothers. The market is really fluctuating up and down by a thousand points. If it weren't for trading at high and low points, there wouldn't be much profit to be made. Last night, Bitcoin made a secondary push against the 95000 resistance. I advised the brothers to pay attention to short positions around this resistance, which yielded nearly a thousand points in profit. Today's daily line still shows a retracement trend, with the rebound resistance remaining unchanged at 95000. Currently, there aren't many entry points for small-scale fluctuations. Long positions can continue to pay attention to the range between 92700-91700 for small attempts. If it breaks below 91700, exit manually. For short positions, I still suggest trying in the range of 95500-96000, with a stop-loss at 96300. Because if today's secondary dip cannot break 93400, the market will see a four-hour level rebound, which could be relatively strong and might break the 95000 resistance. Therefore, trying shorts in the 95500-96000 range is relatively safe.
ETH
Ethereum also just pushed up to the 1830 resistance last night and has started to pull back. Currently, it is still in a small-scale fluctuation with a weak bullish bias. Long positions are advised to try in the range of 1750-1730, with a good stop-loss. For shorts, it is safer to wait in the range of 1830-1850.
SOL
SOL again pushed up to the daily resistance of 148 last night. For the market to shift to bullish, we must wait for the daily line to break 148. Only then can we consider the retracement complete. Until it stabilizes above 148, the market will remain in a retracement phase, with lower support targets at 140, 135, and a defense at 125.
BNB
BNB is currently consolidating below the daily resistance of 600, showing signs of wanting to break through 600. The daily consolidation has been going on for several days. First, we look for a pullback support at the position of 593. As long as the four-hour closing does not drop below this position, there is a chance to break the 600 resistance. The upper target resistance can be seen at 610 and 620. Only if the four-hour closing drops below 593 will this small-scale rebound be considered over, with lower support targets remaining unchanged at 576, 566.