May 7th Daytime Price Analysis:
Good afternoon, brothers. Woke up to a big surge, it turns out it's because the Chinese side is willing to engage with the American side, which is a positive stimulus. However, the two key indicators, Bitcoin and Ethereum, did not break new highs and have come down again. One at 97700, and the other at 1850. There are quite a few news items today, so everyone pay attention. The morning news has already passed, so brothers without long positions should not chase anymore. Key points to note later: Today, Ethereum is upgrading, and at 2 AM tonight, the Federal Reserve will announce interest rates, followed by a speech from Powell at 2:30. As for whether there will be interest rate cuts in the second half of the year and how many cuts, this can be a favorable expectation for speculation in the larger cycle. Everyone, please pay attention.
Bitcoin resistance levels: 97200, 97800, 98500
Support levels: 95200, 94400, 93600
Ethereum resistance levels: 1848, 1872, 1900
BNB support levels: 605, 610, 614
Resistance levels: 597, 592, 588
Solana resistance levels: 149, 151, 154
Support levels: 142, 140, 138
Brothers, I will be posting two price analysis updates daily in the square at irregular times, corresponding to daytime and nighttime trading. If you like my price analysis and find it helpful, please support me more by liking and following me, thank you! $BTC