《5.12 Midnight Trend Analysis: Bitcoin, Ethereum, SOL》
Dear friends, good evening!
Tonight's trend analysis thoughts have been shared with you in advance, and Ethereum's performance is particularly eye-catching, having reached our set target price first, with accurate point judgment!
Next, let us delve into the market trends of Bitcoin, Ethereum, and SOL during the night and grasp the key points.
Bitcoin Night Trend Analysis:
During the night trading session, Bitcoin's key point focuses on 104,100. Only when the 4-hour level candlestick successfully stands above 104,100 can the market be expected to continue its upward trend. The upper resistance levels to pay close attention to are 105,000, 105,860, and 107,065. If the night’s 4-hour level candlestick fails to effectively break through 104,100, the market will face retracement pressure. At this time, the lower support levels are located around 102,350, 100,950, and 99,200, which will become the key defensive line for bulls.
Ethereum Night Trend Analysis:
For Ethereum, 2,520 is the critical watershed for the night market. If the 4-hour level candlestick can stabilize above 2,520, the market will continue to maintain an upward trend. The upper resistance levels are 2,575, 2,632, and 2,675 respectively, and these positions will be resistance points for bulls to further expand their space. Conversely, if the 4-hour level candlestick cannot stand above 2,520, the market will face retracement risks. At this time, the lower support levels are located around 2,472, 2,435, and 2,381, and attention should be paid to the strength of support at these positions to determine the depth and duration of the retracement.
SOL Night Trend Analysis:
The night market of SOL is also worthy of attention. 174.8 is its key point. If the 2-4 hour level candlestick can stabilize above 174.8, the market will continue to rise. The upper resistance levels are 180.2, 183, and 186.2 respectively, and these positions will be the targets for bulls to attack. However, if the 2-4 hour level candlestick falls below 174.8, the market will enter a retracement mode. At this time, the lower support levels are located around 171.3, 168.5, and 165, and caution should be taken against retracement risks, with reasonable position control.
Daily trend analysis is for reference only! Wishing everyone smooth trading and abundant gains!