2025.5.12.BTC.ETH.SOL.BNB.Intraday Market Analysis

BTC

Good afternoon, brothers. I am Trader Master Zhao Caishen. The market has been consolidating at a high level for the past two to three days. The four-hour MACD moving averages have crossed downward, yet the market is exhibiting a sideways movement that feels like a decline. It gives the impression that the market is quite strong and cannot fall. It’s hard to find entry points for both long and short positions. Perhaps the market makers are trying to instill a bullish mindset in us, or maybe this wave of short positions hasn't been fully cleared out. The upper resistance levels remain unchanged, with the first resistance level at 10,500 having been tested again this morning, but the pullback was quite quick. For today, continue to reference the resistance levels of 105,000, 106,500, and 109,000. Conservative shorts can be built at the second and third resistance levels, but there is a fear of not getting in if the market goes up. The lower fluctuation and pullback range is between 103,300 and 102,300. The defensive positions for your long positions are these two levels; if broken, the long positions can be abandoned. If these two levels are broken, the retracement strength will be greater, with target support below at 101,000 and 99,500. 99,500 serves as a weekly level pullback support, and reaching this level would be a normal pullback.

ETH

Auntie is riding on the four-hour support of 2,510 and oscillating upwards. The support for both long and short positions is still based on this price. As long as the four-hour closing does not drop below this price, the four-hour level remains bullish. The upper resistance remains unchanged at 2,600, 2,700, and 2,850. If it reaches the second and third resistance levels, you can try to build short positions because Auntie's monthly line is still bearish, at least you can hold until next month for confirmation upon closing. Only if the four-hour closing drops below 2,510 will the four-hour bullish trend be considered broken. The lower minor level pullback support is at 2,440. If this position is broken, look for 2,330, 2,270, and 2,160.

SOL

The four-hour pattern for SOL has been repaired, and it has stabilized again with a bullish support at 173. The four-hour bullish upward structure remains valid; as long as the four-hour closing does not fall below 173, the market will experience a four-hour level upward movement. The upper target resistance is at 180, with a breakthrough looking towards around 190. If the four-hour closing drops below 173, the defensive support below is at 168. If this position is broken, the pullback strength will be greater, with target support at 160 and 155.

BNB

The four-hour bullish and bearish pressure for BNB is at 657. If the four-hour closing stabilizes at 657, the bullish momentum is strong. The upper target resistance can be seen at 668 and 678. If the four-hour closing stabilizes at 657, the previous market looked for a pullback. The lower pullback support is at 640 and 623.