BTC/ETH/SOL Intraday Market Insights (2025.5.7)
Strength needs no words. The long position for ETH (1761) given yesterday has already multiplied by 6 times! The long position for SOL (142.72) has almost multiplied by 5 times! After the rise, we directly hit the short position for ETH (1839), which fell to a minimum of 1817 and we continued to hold! The plaza has records posted, so please don’t disturb, let’s continue today:
Pay attention to the news, there will be a Federal Reserve interest rate decision at 2 AM tonight, and old Powell will speak at 2:30, everyone take note, don’t get hit with losses and not even know it!
$BTC I don’t want to talk about that group of charlatans in the plaza anymore. When it falls, they shout bear, when it rises, they shout bull. A few days ago, when it fell, they started spreading negative emotions without looking at the market. I still stand by what I posted a few days ago: if it doesn’t break 91800, it’s just high-level volatility, don’t panic! Today, pay close attention to support at 95650—94400, and lower at 93400—92900; for resistance above, watch 98500!
$ETH For support today, we need to pay attention to 1800, 1785, 1761, and for resistance above, focus on 1898—1930!
$SOL For support, pay attention to 140.61—138.78, 135.63, and for resistance above, watch 151.7, 154.8. To be honest, SOL has been relatively weak during this time...
Alright, no more talking, let's continue to wait for opportunities. Trading is this boring: analyze the market, find your satisfactory entry points, and then just wait for the price to reach those points, observe the stop-loss situation, see if there are any signals in the candlesticks, choose to enter, and find your stop-loss and take-profit points!
